Tuesday, December 25, 2007

Market Surges In Early Trading Ahead Of Options Expiration

The market is up big in early trading, ahead of options expiration today. Research In Motion (RIMM) reported strong earnings last night, and the stock is spiking more than 10%. This is helping the overall tech market also.Oil is back up over $92, and this is supporting the energy complex. This is a strange market, but the big up days have always had both the tech and energy stocks rising together.The two indicators that I have been harping on are the Yen and the VIX (volatility index). I have noted that the bulls ne[...]

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[Source: The Money Blogs]

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