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Stocks in Europe rose as banks and miners gained, but Greece's fate capped further gains on equities. Mike Lenhoff, chief strategist at Brewin Dolphin, said: "What we are seeing today is some respite from what has been a fairly steady bout of profit taking which produced oversold conditions.

The Board of Directors of Edison International (NYSE: EIX) declared a quarterly common stock dividend of $0.315 per share, payable January 31, 2010, to shareholders of record on December 31, 2009. This action increases the annual dividend from $1.24 per share to $1.26 per share.

In a previous OptionMaestro.com post, I outlined 30 stocks which I wouldn't mind going long at these levels. I wrote about getting long the stocks by using the buy-write option strategy. This is an updated post to that one, adjusting the strikes and prices accordingly for options expiration today.

With the November options expiration approaching us Friday, I thought I would outline some trade ideas on stocks I wouldn't mind going long on, that would return good percentages by Friday (as of market close Friday November 13, 2009). When using the buy/write option strategy, it is important that you are willing to hold the security in case it is below the strike price at options expiration.

For most chartists, users of technical analysis, the wedge is a pretty common and favorite pattern for most. Mainly because the flight of a stock price conforms nicely to how they move. Combine that with easy to notice price targets and stop points, you can start to understand why people love the pattern so much [...]

In my blog post Monday I listed a few stocks which I would be willing to go long by selling the puts right before the stock reported earnings. If you missed it you can view the details here. As indicated I took positions on Apple (AAPL), Caterpillar (CAT), Texas Instruments (TXN), SanDisk (SNDK), Walter Energy (WLT), and Yahoo!

In my blog post Monday I listed a few stocks which I would be willing to go long by selling the puts right before the stock reported earnings. If you missed it you can view the details here. As indicated I took positions on Apple (AAPL), Caterpillar (CAT), Texas Instruments (TXN), SanDisk (SNDK), Walter Energy (WLT), and Yahoo!

In my blog post Monday I listed a few stocks which I would be willing to go long by selling the puts right before the stock reported earnings. If you missed it you can view the details here. As indicated I took positions on Apple (AAPL), Caterpillar (CAT), Texas Instruments (TXN), SanDisk (SNDK), Walter Energy (WLT), and Yahoo!

U.S. equity futures are expected to open flat to lower based on weak pre-market trading. A shift in demand for higher risk assets early this morning is leading some traders to take a little money off the table.

The S&P 500 has seen remarkable recovery from the lows that were seen earlier this year. However, all of that may come to an end as we fast approach a strategic level for this market. There are two major technical indicators that are colliding at a crucial point and time. Unless you’re aware of these indicators, it could be very expensive.

Today, the Nasdaq saw 11 month highs as the markets once again posted decent gains. The Dow inched back even closer to 9500 while the S&P broke 1,025 and the Nasdaq reached 2037. Following Labor Day, markets showed few signs of high volatility as they traded up between .3 and .9 percent for the majority of the day.

Lately it has been very common for the SPY to make a low in the first half of the trading session and move higher throughout the day. This has been the layup trade for months. If the financials are not rallying it is usually the energy stocks. Keep this play until it fails especially in this light volume environment..

The historic rally that has lifted the Standard & Poor's 500 index by 50% from its March lows has been led by economically sensitive and lower-quality stocks, including such sectors as financials, basic materials, retailers and industrials.