OptionsHouse

Options Trading News

May 30, 2013  Thu 8:22 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Backup in rates over? Sure feels like it should be. But I actually now fear good numbers--like a good claims number, or a good number from Europe, or a terrific employment number next Friday.

In fact, I now think we have entered a permanent state of "good is bad," where every piece of good news causes another move in rates going higher until we get to the point where people say it's overdone.

TheStreet.com logoI know the move was vicious Tuesday--and we have had vicious moves before that then gave way to benign moments again. I just don't think that's happening this time. The charts in the utilities and the REITs tell me that we are in for a bit more of a jolt.

Only then, when stocks I like yield 5 percent or more (the best utilities for instance), will I feel the need to be less vigilant.

I just don't like the setup--for now.
Share this article with your friends


Related Stories

SPX

Futures decline with global markets

April 17, 2015

U.S. equity futures are lower this morning, continuing the market's negative reversal in the last 90 minutes of yesterday's session.

SPX

Inflation, consumer data on deck

April 17, 2015

Inflation data, consumer sentiment, and earnings reports dominate today's calendar. GE, Honeywell, Seagate Technology, Comerica, and Reynolds American will issue results.

SPX

Futures pull back after strong rally

April 16, 2015

S&P 500 and Nasdaq futures are down about 0.3 percent. Europe is lower across the board, led by a 1.5 percent drop in Germany, but Asia was up overnight with a 2.7 rally in Shanghai.

SPX

Housing data, bank earnings due

April 16, 2015

Goldman Sachs and Citigroup lead the pre-market earnings lineup. On the economic front, housing starts, building permits, and initial jobless claims are all due at 8:30 a.m. ET.

SPX

Stocks higher after ECB statement

April 15, 2015

S&P 500 futures are up 0.25 percent, and markets are up about half a percent across the Atlantic after the European Central Bank issued its monetary-policy statement as expected.

Invest Like a Monster - San Diego: June 26-27

Premium Services

Education & Strategy

Investor deficiency in premium collection

Most investors have heard about selling options as a form of income generation. You hear it from brokers and financial advisors as a way to generate income without selling off pieces of your nest egg, dwindling through your retirement accounts, and then being stuck figuring out how to financially afford the rest of your life...

View more education articles »