Option Block 84: The Madness Returns

Published: Aug. 19, 2011, 6:36 p.m.

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Option Block 84: The Madness Returns

Trading Block: Special guest Andrew Giovinazzi of Aqumin takes Sebastian\\u2019s seat as the all-star gang discusses market madness. The market has become quite the drama queen with global concerns smack the market again. Consumer confidence is still low - this is getting to be a broken record. Commodities rundown - gold and treasuries are where everyone is putting their money. Patent lust has been inflating some smaller tech stocks like NOK, EK, etc.

Odd Block: Unusual activities in Seagate Technology (STX), New York Times Co. (NYT) and NRG Energy, Inc. (NRG)

Xpress Block: What\'s been going on behind the scenes at optionsXpress - today was one of those outlier days.

Around the Block: The patent wars continue to drive activity in the tech sector \\u2013 watch your upside. Niche names like CBOE should be faring well in the environment, not following the market down - perhaps there may be some opportunity in the downside? Also, a VIX outlook for the next few sessions.
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