As Target (TGT, quote) continues to defend itself over the one the larger hacks for consumer data and the perceived delay in reporting the hack we find an insider, Roxanne Austin purchasing 10,000 shares on June 2 bringing her total share count to 21,971 shares. Reports indicate the value of the shares is $567,000
Option Alert Service Signal New Trade Suggestion
Thursday was brutal for the bulls as the bears pushed the DOW some 266 points lower and the entire list of S&P 500 sector ETFs suffered at the hands of the bears.
U.S. futures as well as Europe’s markets remain flat this morning ahead the 2:00 pm EDT Federal Open Market Committee (FOMC) policy statement and Chairwoman Janet Yellen’s first news conference will follow at 2:30 pm EDT.
Option Alert Service Signal Closing Trade Suggestion
Option Alert Service Signal New Trade Suggestion
As we begin another the first full trading week of November traders are likely to maintain their focus on U.S. economic data reports.
With 90 minutes before the start of a new week of trading in the U.S. markets – futures are pointing to a slightly lower open despite uncertainty whether the U.S. Federal Reserve will being tapering its $85 billion asset buying program.
The sideways stock market that has been with us since late July doesn’t appear to want to change. Equities are somewhat in a dead market at this time.
Current market conditions – The Dow Jones (DIA, quote) trading up by 0.22% to 13184.08, S&P 500 (SPY, quote) is trading lower by 0.17% to 1420.47 and the NASDAQ (QQQ, quote) is trading down by 0.41% to 2990.28.
