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Cusick's Corner The Euro is up -- overseas markets showed strength. There has been some flight from safety today – Gold is down, Dollar down and money has flowed to other sectors like Energy. BP is up after yesterday’s plunge in the stock (see Implied Volatility Movers) and Transocean (RIG) has...

For more information on how the Hotlist tool functions, refer to this article. One name at the top of today’s OptionsHouse Hotlist is Altria Group (NYSE:MO).  The stock is up 1.4% today, which is actually underperforming the 2.3% rally in the broader market. Almost 55,000 options have traded in the...

The overall market is running higher today; the S&P 500 (NYSE: SPY) is higher by 2.06% to 1,077. It appears that there is a massive short squeeze in the market, pushing all the high-beta names markedly higher. Look for the market to close above 1,070, if it does, a move up to 1,100 is in order...

Cusick’s Corner The VIX dropped even more in the afternoon -- falling 15% in today as the SPX rallied and came back from yesterday’s drop (see Index Trading). The morning appeared a little shaky but in the afternoon Energies, Financials and Materials started the broader market’s push even higher...

Cusick’s Corner The market is challenging the downtrend, but it has been on light volume. Watch the resistance level of 1087 on the ESM10 – can be broken and challenge a downtrend line that has not been broken in the last 5 trading sessions. If there can be a late day breakout through this...

Below are the top 5 large-cap consumer goods stocks on the NYSE in terms of gross profits. The trailing-twelve-month gross profits of Procter & Gamble Company (NYSE: PG) stand at $42.15 billion. Credit Suisse initiated coverage of PG with an “outperform” rating. The trailing-twelve-month gross...

Here's this month's Best and Worst Industry performance. As you can see, some of the best performances happened to be by those who managed to finish just a little bit in the red. In the past, I've noticed that when that occurs, market reversals are right around the corner. So perhaps we see a bit...

ATP Oil & Gas Corporation (NASDAQ: ATPG) tumbled 3.29% to $10.29 in the pre-market session. ATPG was also one of the biggest losers on May 27. Alvarion Ltd (NASDAQ: ALVR) lost 3.17% to $2.14 in the pre-market session. ALVR is involved in supplying WiMAX and other wireless broadband solutions to...

The Fast Money traders gave the following trades for Tuesday June 1st: Steve Grasso suggests going long NYSE (NYSE: NYX). Anthony Scaramucci suggests going long Altria (NYSE: MO). Joe Terranova likes Intrepid Potash (NYSE: IPI). Patty Edwards thinks going long the CBOE Market Volatility Index is a...

Reynolds America Inc. (NYSE: RAI) will shut down two of its cigarette plants, while renovating a manufacturing facility in Tennessee. According to the Wall Street Journal, the changes are the latest response by Reynolds (RAI) to rising sales volume for smokeless tobacco. The company has introduced...

DJSP Enterprises Inc (NASDAQ: DJSP) was downgraded by Maxim Group from “buy” to “hold.” DJSP’s shares plunged 28.64% to $6.33 by 9:55 am. DJSP’s earnings grew by -51.60% sequentially. Barclays downgraded Suncor Energy Inc (NYSE: SU) from “overweight” to “equal weight.” SU’s shares lost 0.84% to $30...