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Optionity Quick Report 12/03/2012

|Includes:AAPL, Intel Corporation (INTC), SPY

INTC

INTC opened higher and closed slightly lower with 0.13% loss. The volume of 50.64M is 9.83% less than the 30 day average of 56.16M. The MACD (12, 26, 9) fluctuated between bullish and bearish signs in the past 4 trading days. RSI (14) decreased to 34.43 from 34.70 with an increasing selling momentum. INTC currently trade below its 50-day and 200-day MV of $21.27 and $24.79.

AAPL

AAPL opened higher and closed with a slightly gain of 0.16%. The volume of 13.01M is 41.1% less than the 30 day average of 22.07M. The MACD (12, 26, 9) continued to show a bullish sign but MACD difference converged today. RSI (14) increased to 52.15 from 51.77, indicating an increasing buying momentum. AAPL is currently trading below its 50-day MV of $609.00 and 200-day MV of $596.55, which should be the next major resistance.

SPY

SPY opened higher and closed with 0.42% loss. The MACD (12, 26, 9) continued to show a bullish sign; however, MACD difference converged today. SPY is currently trading above its 200-day MV of $137.82 and below its 50-day MV of $142.22. SPY opened above its 50-day MV, but failed to close above it today. RSI(14) decreased to 53.39 from 56.89 with a decreasing buying momentum. The next major resistance will be $142.22, the 50-day MV.

Disclosure: I am long INTC.

Stocks: INTC, AAPL, SPY