Presented by Gareth Soloway April 19, 2012 12:17PM
The markets are whipping between the positive and negative side in wild intra day trading. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $138.19, -0.40 (-0.29%). This wild action is a result of a decent bond auction in Spain and poor economic news in the United States. Jobless Claims came in near a four month high and the Philly Fed Index was surprisingly weak. The combination of a good auction and bad economic news has investors unsure as to which direction the markets should trade. In addition, it is options expiration week which naturally means wild trading.
More earnings will be reported today. Some of the standouts to watch are Microsoft Corporation (NASDAQ:MSFT), Chipotle Mexican Grill, Inc.(NYSE:CMG), Riverbed Technology, Inc. (NASDAQ:RVBD) and Capital One Financial Corp. (NYSE:COF).
Take the seven day free trial to the Research Center and Intra Day Stock Chat. Join the elite pros as they give swing trades, day trades and proprietary market analysis. Become part of the elite fraternity which is profiting on every up and down move in the market.
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
More earnings will be reported today. Some of the standouts to watch are Microsoft Corporation (NASDAQ:MSFT), Chipotle Mexican Grill, Inc.(NYSE:CMG), Riverbed Technology, Inc. (NASDAQ:RVBD) and Capital One Financial Corp. (NYSE:COF).
Take the seven day free trial to the Research Center and Intra Day Stock Chat. Join the elite pros as they give swing trades, day trades and proprietary market analysis. Become part of the elite fraternity which is profiting on every up and down move in the market.
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
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