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  1. Hi-Yo Silver — Another Multiplier — This Week, a China Play • May 31, 2009

    This past month’s May Gray, murky, sideways, market movement brought a continued slide in volatility.  Generally, this type of price behavior would make life miserable for options buyers.  But your trading week had a silver lining. The Pan American Silver July $20 call (see 03-22-09 Options Hotline), triggered 03-23-09 at $225, traded 05-29-09 at $460, +104% [...]

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  2. MIDWEEK OUTLOOK • May 27, 2009

    When US trading resumed on Tuesday, stocks jumped after an unexpected rise in a consumer confidence index.  Curious, as oil is moving higher into resistance and home prices continue to fall.  Naturally, economists forecast the end of the recession.  OK, stop laughing.  In today’s session, GM’s (Government Motors) impending bankruptcy and more troubling housing data [...]

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  3. Signs Of A Turn — More Stress For Banks • May 17, 2009

    This past week, banking analyst Meredith Whitney reiterated, “Bank stocks are grossly overvalued.”  I don’t make short-term market timing decisions based on value, because it can be said that value is simply the price someone is willing to pay.  I study what market price movement reveals about the human behavior (buying and selling) that drives [...]

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  4. MIDWEEK OUTLOOK • May 13, 2009

    Stocks are turning lower, as the rally appears to be running out of gas.  Nobelist Krugman fears the US is turning Japanese (the lost decade) and poor retail sales evidence a contraction.  Volume is absent on rally attempts and the market appears poised to embark on a correction over the weeks ahead.  We may get [...]

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  5. Stocks Still Up, Shrugging Off Stress. Bonds, Not So Much. Happy Mother’s Day! • May 10, 2009

    I greatly enjoyed this past week’s San Diego Micro-Finance Summit and benefit for the Foundation For Women http://www.foundationforwomen.org/ Not much works in reducing poverty.  This works.  The reason Micro-Finance works is it harnesses a mother’s love for her children.  All of us at Options Hotline wish you and yours a very happy Mother’s Day! On Friday, [...]

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  6. MIDWEEK OUTLOOK • May 6, 2009

    Shorts are still getting squeezed.  Is time getting late for the persistent advance?  We’re at technical resistance and I’m looking for signs of a turn.  It could come within a week.  Energy and Metals are on the move.  Retail sales data and bank stress test reports are on deck.  Financials pushed higher.  News leaks say [...]

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  7. Enthusiasm Returning, So Now The Correction? Is Gold Approaching a Bottom? • May 3, 2009

    This past week, shorts were squeezed some more.  On Thursday, rising Tech shares lifted our call on the Quad-Qs to multiplier status (see 04-05-09 Options Hotline). The QQQQ May $33 call, triggered 04-07-09 at $100, traded 04-30-09 at $222, +122% in just over 3-weeks. This one joins the ranks as our 6th officially triggered multiplier of [...]

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