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Optionity Quick Report 12/05/2012

|Includes:Apple Inc. (AAPL), INTC, SPY

INTC

INTC opened slightly lower and closed lower with 0.60% loss. The volume of 45.84M is 16.73% less than the 30 day average of 55.05M. The MACD (12, 26, 9) started to show a bullish sign on Dec. 4 and the MACD difference continued to diverge today. RSI (14) decreased to 41.18 from 42.74 with an increasing selling momentum. INTC currently trade below its 50-day and 200-day MV of $21.15 and $24.72.

AAPL

AAPL opened lower and closed sharply lower with 6.43% loss. The volume of 37.25M is 1.68x of the 30 day average of 22.14M. The MACD (12, 26, 9) continued to show a bullish sign but MACD difference continued to converge today. RSI (14) decreased to 35.57 from 47.58, indicating an increasing selling momentum. AAPL is currently trading below its 50-day MV of $603.45 and 200-day MV of $597.14, which should be the next major resistance.

SPY

SPY opened nearly flat and closed with 0.20% gain. The MACD (12, 26, 9) continued to show a bullish sign; however, MACD difference continued to converge today. SPY is currently trading above its 200-day MV of $137.89 and below its 50-day MV of $142.04. RSI(14) increased to 53.56 from 52.41 with an increasing buying momentum. The next major resistance will be $142.04, the 50-day MV.

Disclosure: I am long INTC.

Stocks: AAPL, INTC, SPY