Live From The Trading Floor – 10.15.12

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Steve will be broadcasting every Monday, Wednesday and Friday at 11:15 am EDT and you will have the opportunity to chat with him through our new Stocktwits chat feature. Don’t miss it!

In todays show Steve

  • Discusses AAPL’s recent price action and whether it is bottoming (1-4)
  • Discusses LLY as a follow through trade (4-6)
  • Discusses C as an earnings and relative strength play (9-11)
  • Responds to a question on Fibonacci levels (12-13)
  • Gives his take on the market overall and the untrend channel that began in June (13)
  • Discusses today’s price action in QCOR with intelligent entry prices and possible targets (14-15)
  • Explains the how the different componets of the S takeover impact today’s price action

Steve Spencer
*No relevant positions

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