SMF Street Traders Online Stock Market Trading Analysis, Videos, Commentary
The markets are floating higher today after an agreement was reached on a second Greek bailout. This market float is the same light volume we have seen for almost two months now, no change based on the European news. Based on the market reaction, the bailout was fully expected and priced in. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $136.80, +0.39 (+0.29%).
After options expiration ended on Friday, Apple Inc. (NASDAQ:AAPL) found itself near the $500.00 level. Always…
Added by inthemoneystocks on February 21, 2012 at 1:39pm — No Comments
As Facebook prepares to go public, anything in the social networking space has seen a monster increase in value. Stocks like Linkedin Corporation (NYSE:LNKD) are jumping today, trading at $76.45, +4.08 (+5.64%). In addition, Chinese social player Renren Inc. (NYSE:RENN) is trading at $5.63, +0.62 (+12.38%). While these stocks have already run higher and are no longer plays, it is interesting to think about other sympathy plays that may run. The key is to look for the extension to the social…Continue
Added by inthemoneystocks on February 2, 2012 at 1:54pm — No Comments