To: Oblivious who wrote (37008) | 8/27/2012 11:35:52 PM | From: Wayners | | | Man I'm so jealous of you, Timmy Oblivious Geitner and Ground Bernanke Zero. Salute and do a Jaeger shot for me! |
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To: GROUND ZERO™ who wrote (36992) | 8/27/2012 11:38:42 PM | From: Challo Jeregy | | | Big Money Turning Extremely Bullish: Najarian
Jon Najarian’s heat seeker is at it again. And whether you’re an options pro or a regular Joe, you need to hear about the activity it's identified.
According to Najarian, big money institutional investors are starting to make massive bets that the market is sharply higher by year’s end.
In one case, “They bought the December 152 SPY [SPY 141.54 0.03 (+0.02%) ] call– that’s a lot of upside,” he says.
Essentially, that’s a bet that the S&P trades at least 1520 by the third week in December.
And the volume associated with the bet is substantial.
“60,000 of the options traded,” he adds. “That’s the equivalent of 6 million shares.”
“And that was with the SPY around 141. That’s huge. Somebody sees a lot of upside and they’re putting a significant amount of money on the table,” he says.
cnbc.com |
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To: Hawkmoon who wrote (37012) | 8/27/2012 11:54:21 PM | From: Wayners | | | It's beautiful. I have free flight coming up. Seriously thinking about flying out there. Never been. |
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To: Challo Jeregy who wrote (37011) | 8/28/2012 6:14:32 AM | From: GROUND ZERO™ | | | Honestly, I wouldn't be surprised, this is an election year and despite each and every attempt to sell off, this market keeps inching higher...
GZ |
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From: chartseer | 8/28/2012 8:22:06 AM | | | | Spread double top?
Currently in a column of O's. Support at 12900?13000?
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To: GROUND ZERO™ who wrote (37016) | 8/28/2012 10:18:18 AM | From: fred woodall | | | I found out today I can gain access to news wires that broadcast real time news a few seconds before everyone else. Thompson Reuters provides the service.
I don't see how this market can take off without the transports. Never seen that happen before. |
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