Is It Finally the Time to Buy Gold Miners?

Gold miners have been weak for years, but it could be time to jump in.

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Why Trader is Selling Puts in Cobalt

Shares of Cobalt International Energy are slipping off eight-month highs, but one trader is betting that the stock will hold most of its gains in coming months.

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Medivation Draws Bullish 3-Way Play

Biopharmaceutical company Medivation isn’t participating in the broad market rally today, but one large option trade is bullish.

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Put Seller Sees Seagate Holding Up

Seagate has been rebounding in the last week, and one trader is betting that its stock will hold up through early 2013.

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Futures Edge Lower Before Job Data

Stocks are drifting lower as traders brace for key employment data this morning.

The S&P 500 is down by less about one-quarter of a percent, tracking similar declines in Europe. Asian markets were modestly higher overnight after the S&P 500 closed near its highs yesterday.

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It May Be Time To Bet On Global Growth

Materials have been beaten down for years, but they’re finally starting to look attractive. Almost every chart in the metals and mining space appears to be bottoming or starting to climb. Steel makers, for instance, have been moving sideways for the last six months after an 18-month slide. Coal producers…

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Global Equities Gain as Optimism Returns

Stocks are climbing this morning on optimism toward the American and Chinese economies.

S&P 500 futures are up by about a quarter of 1 percent, tracking similar gains in Europe. Asian indexes surged overnight, led by gains of more than 2 percent in Hong Kong and Shanghai.

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Nerves On Edge as Centene Rebounds

Centene is fighting back from a mid-year selloff, but one trader is positioning for another potential drop in the health insurer’s shares.

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What’s Behind Call Action In Microsoft?

A huge call spread dominates today’s option activity in Microsoft this morning as shares remain near 2012 lows. MSFT is down fractionally today at $26.56, just above the close of $26.52 from two weeks ago, which was the lowest since the last day of 2011. Shares did climb up to…

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Stocks Edge Up But Fiscal Fears Linger

Stock futures are up slightly, following modest gains in Europe, as the market awaits a resolution on the looming fiscal cliff. The S&P 500 is higher by about one-tenth of a percent. It’s been climbing for the last two weeks after bouncing from an early-November pullback and is now in…

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Bulls Charge into Oracle at Key Level

Oracle leapt at the open today, and option traders followed up by piling into the name. optionMONSTER’s Heat Seeker monitoring program detected the purchase of about 21,00 June 35 calls against open interest of 276 contracts. Most of the large blocks priced for $1.03 to $1.05. Those long calls lock…

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Aeropostale Bulls Bet on Big Quarter

Investors expect some good numbers when Aeropostale reports earnings tonight. optionMONSTER’s Heat Seeker tracking program detected the purchase of 2,370 December 16 calls, most of which priced for $0.34, against open interest of 1,472 contracts. The trade reflects a belief that the retail stock will leap north of $16 on…

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