EcoNews - Jan 2 - Jan 6

US Market TimeLine for Options

This is should give you some insight to the workings of the markets as a whole. The adrenaline rush generally last until 10:00 or 10:30 A.M. As, the most intense action in the market happens right when it opens. Nonetheless, options traders will be better prepared, That's it. No fancy stuff.

Chart was revised with Red line Boxes to an Option Traders standard. Basic chart was created by by Jerome "Mel" Hickerson is a technical analyst who uses software-generated analysis of breadth and institutional buying to trigger his signals for day trading indices and ETFs.

GLD - 149.00 DEC C

7:01 AM Gold continues its late-year slide, off 2.4% to $1,526/oz., the lowest price since early July. Off 3.6% to $26.28, silver has returned to its low for the year.

AMZN - 170.00 DEC Call

7:22 AM Goldman's Heather Bellini suggests Amazon (AMZN) could miss consensus revenue forecasts of $18.19B (up 40%). The firm however, maintains its Neutral rating and $190 price target.

9:18 AM Amazon (AMZN) proclaims 2011 "the best holiday ever for the Kindle family," with sales of more than 1M of the devices/week throughout December, led by the new "Fire." The company also notes the success of its Direct Publishing program, with the #1 and #4 best-sellers on Kindle both published independently by their authors. Shares -2.7% premarket as Heather Bellini warns on the company's Q4 revenue.

General Market Observation

I have become convinced that when the profits run, let them run. However, when the markets aren’t moving much, it’s better to make a small profit and close position. Better to have cash on hand ready for opening a new position than to sit and wait out the market and wait for it to make more profit.

EURUSD

PT are the Red and Purple lines..

$EURUSD where will it go from here if the 1.29124 level is pushed through.

Dec. 28 at 5:13 PM

$EURUSD chart on a 5 min ... 1.29251 next price.. http://chart.ly/4bjck5y

Dec. 28 at 5:19 PM

$EURUSD almost at the 1.29251 area.... ES_F needs to pushed higher and help out. http://chart.ly/8sbdjdd

Dec. 28 at 5:46 PM

$EURUSD this is done

Dec. 28 at 6:06 PM

$EURUSD 5 min chart.... 1.29300 in the cards ... http://chart.ly/l7sg46u

Dec. 28 at 6:47 PM

$EURUSD Surpassed the 1.29300 area, on the 5 min chart. http://chart.ly/7b9iil6

Dec. 28 at 7:00 PM

GS = EURO

Today - Wednesday, December 28, 11:43 AM Europe closes at session lows, knocked for a loop by a rapid dive in the euro (to be fair, cable dropping right alongside), which began around 9 AM ET. Stoxx 50 -1.6%, Germany -1.9%, France -1.1%, Italy -0.7%, Spain -2%, U.K. flat. The euro continues to slide, -1.2% at $1.2920. Cable -1.2% at $1.5476.

The euro tumbled to 15-month lows after the ECB reported European banks had deposited a record amount. Financials were among the weakest stock sectors; commodities were clobbered. NYSE declining issues outnumbered advance's four to one.

LVS - Lotto Option Play

This a mover on some Govt news, that the Obama Administration; new interpretation, by the department's Office of Legal Counsel, said the Wire Act applies only to bets on a "sporting event or contest," not to a state's use of the Internet to sell lottery tickets to adults within its borders or abroad.

"The United States Department of Justice has given the online gaming community a big, big present," said I. Nelson Rose, a gaming law expert at Whittier Law School who consults for governments and the industry."

ECONEWS - DEC 26 - DEC 30

SPY - Interesting DEC 12,200

Extending the Extended

3:07 PM The SEC announces that it's extending the public comment period on the Volcker Rule by 30 days after it was initially slated to end Jan. 13, 2012.

10:09 AM The House has approved the 2-month payroll tax cut extension. The bill now goes to the President for signing. As part of the bill, President Obama is forced to make a decision within 60 days on whether or not to approve construction of TransCanada's (TRP +1.1%) 1.7K mile pipeline.

EcoNews - DEC 19 - DEC 23

SINA - Rebound - Options Weekly

This was insane for this company to reverse on a dime hit a low of the day at 10:00AM ET. Options Weekly where pretty much lotto tickets you could have lost the entire investment of the option.

GS - OTM DEC 90 P

7:29 AM The euro gives up its moderate gains after a meeting breaks up between Greek officials and private bondholders without a deal being made on a debt swap, according to a banker involved. Negotiations will continue. Euro flat at $1.3197

7:55 AM The EFSF sells €1.97B in 3 month paper priced to yield 0.22%, with a bid/cover ratio of 3.2, according to the Bundesbank. The supposedly good news is being offered as a reason for the bounce in European shares and peripheral debt this morning. It was little more than a month ago that the EFSF hoped to have €1T in firepower.

12:32 PM It used to that 10-year Treasurys would never fall through 3%. Now, with the yield straddling 2% for weeks

1:13 PM Amid end-of-year lower volumes, Treasury's reverse their losses as the 10-year auction comes in strong with a huge indirect bid (the group including global central banks). The 30-year yield -0.03 to 3.03%; 10-year sinks below 2%, -0.03 to 1.99%. Maybe you shouldn't count on 10-years cresting 3% anytime soon.

2:20 PM Detail from the FOMC: "Notwithstanding some apparent slowing" globally, the U.S. economy has been expanding moderately. Household spending advancing, but business fixed investment growing "less rapidly." Inflation has moderated since earlier this year. As always lately, panel stands "prepared to employ its tools" to promote recovery.

Should continue to see more downside, by Friday as the ECB President will be speaking for Thurs and Fri market sessions.

GOOG - Option 630.00 C DEC 11

Two hours before the close we decided to pick up some $GOOG 630.00 DEC 11 C 3.90 x 4.00; which looked interesting here. But, the market was not having any of it. GOOG just bounced around, making us think this was wrong. The high of this option was 4.50; which we thought would be able to see again.

Market started to put in the work and allowed us to take $GOOG 630.00 DEC 11 C out at 4.20. But if held 4.40 could have be achieved, but who want to hold overnight in this environment.

GS - Drop

The rating agencies weighed in on last week's EU deal and didn't see much (I, II), as Europe's ongoing debt debacle and an unexpected guidance cut by Intel sparked a sell-off in stocks before bouncing off the Dow's 200-day MA.

4:49 PM U.K. banks worry about their influence over financial services policies decided in Brussels following PM Cameron's withdrawal from the new EU treaty.

4:41 PM Goldman Sachs (GS) cancels its information session at Penn and reduces the number of student interviews as it seeks to limit hires to those who have previously interned at the bank. With the weak job market, students are more likely than in the past to stick with firms they intern for rather than shop around, limiting the need for Goldman to find new recruits.

Closing near the lows, appears to be more downside to this stock, maybe....

ECONEWS DEC 13 - DEC 16

ECONEWS - DEC 5 - DEC 9

SPY - Chart (DAILY)

GS - Weeekly Options - Insane

This was a trade on both side of the table, which could have been actionable....

BAC - Weekly Options

6:38 PM Bank of America (BAC) is close to its limit on how much stock it's authorized to issue without being forced to go to shareholders to ask for permission, according to a Reuters report. Although it may not be that difficult to do, it does reflect just how much the bank has forced to sell to keep itself afloat. Since 2007, the bank's share float has soared from 4.5B shares to 10.1B, an increase -read dilution of shareholder equity - of nearly 125%.

Stock Market Calendar - Holiday Schedule

CRM - After Earnings Announcement

In make a play after the earnings announcement its a test of ones skill, as in life. Most options player love the fact that they enter an stock underlying before the announcement, but only to find that the where right in the direction.

However, the IV in the option sux out the premiums and you mostly found yourself on the losing side of the earnings play. Well the above was to take a position after the earnings.

As you can see, CRM still had downward pressure on the earnings announcement that this weekly option play paid you out.

50 x .55 = $2,800 debit
50 x 1.60 = $5,000 credit

or

10 x .55 = $500 debit
10 x 1.60 =$1,000 credit

Disclaimer: Friday Weekly - Options are not for the faint at heart, you are fight for this market not to break your bank... Risk on fund you're able to loss and keep your losses small.

BIDU - Weekly OptionsEx

Nice little weekly option, play on a flat liner of a Friday OptionsEx.

100 x .78 = $7,800 debit
100 x 3.00 = $21,000 credit

or

50 x .78 = $3,800 debit
50 x 3.00 = $10,000 credit

SPY = Weekly

SPY - Flat Liner

Market gear up for the SuperCommittee and the Holiday Season. As you can see, Friday was a flat liner for the S&P 500.

XOM - Mid Day Scan

This was a mid day scan of the Most Active list, the XOM NOV 77.50 where in play. Open around .12 and moved .57 for a high, but could have been higher if some one hit the bid when it was .65 on the day.

SPY - Waterfall

US Dollar is putting some major pressure on this market and we like the fact it has brought, back some major Volatility back into the market.

PCLN NOV 530 C

These were the lotto ticket today.

AAPL - Drop?

AAPL didn't take to much of a dip today, so where do we go from here... AMZN just relased the Kindle Fire one day earlier, though the Kindle Fire is receiving less-than-glowing reviews, Amazon (AMZN +1.7%) is outperforming today, while Barnes & Noble (BKS -2.7%) is selling off after rallying strongly last week (I, II). An in-depth Wired interview with Jeff Bezos, in which he goes over Amazon's hardware, content, and web services strategies, could be giving bulls some encouragement.

• 7:44 AM The first reviews for Amazon's (AMZN) Kindle Fire are ambivalent. "The Fire does not have anything like the polish or speed of an iPad (AAPL)," says the NYT's David Pogue. Engadget calls the device "a great value," and loves its content integration, but also writes, "When stacked up against other popular tablets, the Fire can't compete."
• Sunday 8:37 AM While "the pricey Android" guys are likely to feel the immediate brunt of the $199 Kindle Fire (AMZN), Brooke Crothers believes the iPad (AAPL) will be vulnerable in the longer term. The impact is "as inevitable as the $999 MacBook Air," which began life in the $1,800-$3,000 range.

CAT - Weekly Play

This was a good payday for Friday... Could have been in the trade at .08 - .09 and punched out at 1.20; which would have been a good number.

50 Contracts at .09 to 1.20 = 5K off a (5 hundred investment)

100 Contracts at .09 to 1.20 = 10K off a (1K investment)

GS vs Italy

9:32 AM In a 10-Q filing today, Goldman Sachs (GS -3.9%) discloses that AIG has threatened to sue over its MBS dealings with the firm. Goldman also raises its expectations of costs stemming from mortgage-related lawsuits from $485M to $15.8B.

6:25 AM Sources say Goldman Sachs (GS) is looking to raise about $1.5B by unloading part of its stake in Industrial and Commercial Bank of China (ICBC). Shares of ICBC have recovered about 50% from their October lows.

JEF - To Big Fail or To Big To Hedge

$JEF Net long cash of $91M, and $100M short futures. The bulk is L&S involve Italian debt. Hedged?!?

Monday Nov 7th - Earnings Release

Priceline.com Incorporated (PCLN) is a global online travel company that offers its customers a range of travel services, including the opportunity to purchase hotel room reservations, car rentals, airline tickets, vacation packages, cruises and destination services in a price-disclosed manner.

This is company has a confirmed earnings release on 11/07/2011 at 4:05 PM ET, After Close with no scheduled Conference Call . This will be a news-maker and whom will benefit from this news-maker.

Look at the Related companies in this companies sector. They are Expedia, Inc. (EXPE) and Travelzoo, Inc. (TZOO).

DISH Network Corporation (DISH) is a pay-television provider, with approximately 14.133 million customers across the United States as of December 31, 2010.

This is company has a confirmed earnings release on 11/07/2011 at 6:00 AM ET, Before Open with a Conference Call scheduled for 12:00 PM ET. This will be a news-maker and whom will benefit from this news-maker.

Look at the Related companies in this companies sector. They are Netflix, Inc. (NFLX) and DIRECTV (DTV).

News Maker Sympathy - Option InPlay

Qualcomm among gainers as tech stocks rise

(9:48 AM ET) SAN FRANCISCO (MarketWatch) -- Tech stocks claimed the high ground in early trading Thursday, with Qualcomm Inc. QCOM +0.14% up $3.62 a share, or 7%, at $55.87 following its upbeat quarterly results. Storage-memory developer Fusion-io Inc. FIO +0.85% also performed well, rising $22.4 a share, or 7%, to $34.12 after it swung to a quarterly profit.

Based off this News-marker - Weekly Option InPlay

CBS profit climbs 38% on streaming fees, ad sales

(4:11 PM ET) CHICAGO (MarketWatch) -- CBS Corp. CBS -2.12% said Thursday its third-quarter profit rose 38% on increased international syndication sales, primetime advertising sales and streaming video licensing fees from Netflix Inc. NFLX -0.21% and Amazon.com Inc. AMZN -0.12% , topping most Wall Street forecasts. The entertainment giant said it earned $338 million, or 50 cents a share, on sales of $3.37 billion, compared with a profit of $245 million, or 35 cents a share, on revenue of $3.30 billion in the same period last year. Analysts polled by FactSet Research were expecting a profit of 46 cents a share on revenue of $3.44 billion.

Based off this News-marker - NFLX 90 NOV WK C 2.95 from .53

Futures Prior to European Open