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  1. OPTIONS HOTLINE MIDWEEK OUTLOOK • August 31, 2009

    It was no surprise that Bernanke was tapped for another term as Fed Chairman.  Consumer confidence is up and so are retailers.  Stock indexes wavered along the flat line in today’s indecisive session.  I’m hearing a lot of talk about a market top, and there are some signs of topping behavior, but buyers maintain the [...]

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  2. Ben Smiles, US Dollar Slips — Stocks and Commodities Fired Up, As Buyers Take Back The Advantage • August 23, 2009

    Stocks stormed back from Monday’s mauling, to post a very positive week.  Upbeat Bernanke and crew view a lower dollar as an integral part of their inflation plan.  This past week ended with the dollar looking quite precarious.  That is a big boost to stock and commodities bulls.  Until proven otherwise by price action, buyers [...]

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  3. OPTIONS HOTLINE MIDWEEK OUTLOOK • August 19, 2009

    Volatility is returning, along with flu season, hurricane season…and football season.  On Monday, follow through from weakness in the Chinese stock market slammed global equities markets.  The US dollar firmed and commodities were hit.  Our put reco on Newmont Mining reached my conservative traders’ objective (see 08-09-09 Options Hotline), trading +61% in 4-days, with an [...]

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  4. Signs Of Selling Say Look For Volatility To Flare Up • August 17, 2009

    Long-term, the character of the market’s rally implies reason for confidence not found in the still-poor economic data.  Short-term, the market is sending a different message.  This past week, stocks weakened.  A sizeable correction may be underway, as I signs of real selling showing up.  Oil slid and gold felt pressure, as the US dollar [...]

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  5. Will Gold Trip On A Bouncing Dollar? • August 9, 2009

    This past week, stocks continued to advance on hope for economic recovery.  The overall strength of price action fortifies underlying support and points to still higher prices down the road.  Sellers are on their heels, but I expect to see a vigorous fight back over the coming weeks.  The US dollar turned up from support [...]

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  6. OPTIONS HOTLINE MIDWEEK OUTLOOK • August 5, 2009

    In today’s session, support continued to hold, as bulls managed to stave off bears and maintain the short-term edge. I am looking for a turn.  Financials were strong.  We could see more upside over the immediate-term, but it is my opinion that one would be wise to view a rise from here as temporary.  My [...]

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  7. Will This Vintage Rally Crash Into A Clunker? • August 2, 2009

    This past week, stocks extended their strong rally from the lows of March.  An interesting note is talk of Thursday’s high matching the time frame from the 1929 low to 1930 top.  Will we now see a similar fall?  Time will tell.  My opinion is that the rise we’ve seen sets significant underlying support.  The [...]

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