Option Block 109: Danger is in the Air
Option Block 109: Danger is in the Air
\nTrading Block: A strong move to the upside after the holiday weekend. VIX at 30 yet again \u2013 is this becoming the new norm? Strong Black Friday sales compelling market. Metals/commodity rundown.Odd Block: Unusual activity in MGIC Investment Corp. (MTG); BlackRock, Inc. (BLK), and Charles Schwab Corp. (SCHW). Plus, an update on Guiled (GLID) from last week. \n
Xpress Block: Rob discusses the extreme polarity last week from doom and gloom to consumer uplift on Black Friday. Has there been an uptick of people looking at SPXpm at OX?
Around the Block: The afterglow of Black Friday and Cyber Monday are still driving all the major indices up. Dark clouds looming on the horizon in Europe. Groupon playing the mini-widowmaker down 9%. Unemployment, housing numbers, and non-farms later this week.