200-day MA is Holding. Some calls to Buy and get dip weight delay.

Pete Stolcers September 15 author

This is the clay in the very quiet a week.Is the economic releases, but they are packing a lot of punch. [1] [2] It is good news for bulls.

This morning the Empire, production decreased by pienimmilleen in more than a year. It declined to 7.1 in August, down to-4.1 in September. The decline in the Manufacturing and the deposit facility will remain unchanged, but the reading on the Northeast was still greater than zero. This morning the import and export prices has also been posted. import prices increased.3%, to a large extent, the higher the oil price rises into consumer prices. This shows that tomorrow's PPI also receive a little "hot".

Reduction in the production shall be weighed on the market, but it does not fall in the market at the beginning of the following is returned because the right back to the positive territory. The price action is very bullish, and we have seen it in recent days.Now when we are in the 200-day moving average, the momentum favours clearly above the bulls.

Overnight in the Japanese currency market intervened.They sell yen. devalue it shall seek in particular to the strong exportation of currency is lonely and Japan for the first time in six years, they take action.

Perhaps the most interesting news this morning was Wilbur Ross (collectively, the Carlyle Group and Cardinal) is an Irish Bank purchases of problems. He is a member of the conservative "value investor," and he that believeth, Ireland shall be authorized, in accordance with its act together. They aggressively addressed the deficit problems and he believes they balance budgets.

In these markets is manic-depressive. It swings from too Pessimistic-too optimistic, in the case of the week. Now that new amendments are being made in each version of the lining are found in silver.Tomorrow, the PPI, the original applications and Philly Fed has released. I believe that the PPI will be somewhat "hot", the original claims vis-à-vis the liquidation of the last week number in ascending order (the other 10 countries was to assess the new claims) and Philly-Fed is slightly better than the last month, horrendous reading. All told the news would be a fairly neutral.

Momentum points higher and option expiration can provide than buy programs kick to promote.Asset managers are I hope dip weight, so that they are buying stocks.What we go without your troops, less likely, we are one.Tenders receive more aggressive, because the Asset Managers do not want to miss a rally at the end of the year. they want to long before the November elections, also you can get.

I like the technology, and medical devices.These stocks are not beaten and they have room to run.Continuous market rally is poorly without tech stocks. option premiums are declining, and this is a good time to buy calls. we have more than 200-day moving average and confidence grows.This means that the money transfer of bonds and stocks.

Some calls to buy now and wait for your troops to buy more If the decline in the market. [2] [3] next week, to increase the volume.

However, I believe that massive debt is causing problems at a later time. [1] [2] for this reason, I am keeping call purchases rather small. I would like to play this rally, but I do not want to be overexposed.

Locate the choppy trading with the possibility of taking a small rally today, the closing of the clock.

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