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Looking Beyond Options Expiration
Posted on June 19, 2008
Another pullback in oil today brought out the buyers. Once again, they focused on the same targets - financials, homebuilders, transports (trucking & airlines), and, of course - big cap tech (with today's gain the Nasdaq Composite is back above its 50 day moving average). Meanwhile, the more speculative movers (like small cap energy) were taken out back and shot. Easy come as easy go. For tomorrow I have a low-key stocks only Q&A based on the stocks submitted by members for chart reviews. Hopefully I ll be able to find at least a few actionable ideas to consider or at least a few interesting...
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