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Thursday, June 27, 2013

General Market Update and Option Trading Idea In Huntington Bancshares Inc.

Our model opened a position in the October 2013 $7 strike price call option for Huntington Bancshares Inc. (NASDAQ: HBAN) at $0.99.

Here are the current short, intermediate, and long term stock market direction trends for the market sectors.

Dow Jones Industrial Average (NYSE: DIA): Up/Down/Up
SP 500 (NYSE: SPY): Up/Down/Up
Nasdaq Composite (NYSE: QQQ): Up/Down/Up
Oil (NYSE: USO): Down/Up/Up
Gold (NYSE: GLD): Down/Down/Down
Silver (NYSE: SLV): Down/Down/Down
Dollar (NYSE: UUP): Up/Down/Down
Bonds (NYSE: TLT): Down/Down/Down

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