Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Optionity Quick Report 01/10/2013

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

Company Name / Ticker

Closing Price (Gain/Loss)

Low-High

Volume/30 Day Average

Intel (NASDAQ:INTC)

21.80 (+0.35)

21.53 - 21.82

44.62M/41.61M

Apple Inc. (NASDAQ:AAPL)

523.51 (+6.41)

515.52 - 528.72

21.43M/20.18M

SPDR S&P 500 ETF (NYSEARCA:SPY)

147.07 (+1.08)

145.97 - 147.09

24.07M

iPath S&P 500 VIX Short Term Futures (NYSEARCA:VXX)

26.57 (-0.67)

26.51 - 27.11

6.21M

Click to enlarge

INTC

INTC opened higher and closed higher with 1.63% gain. The volume of 44.62M is 7.23% more than the 30 day average of 41.61M. The MACD (12, 26, 9) started to show a bullish sign on Dec. 4 and the MACD difference diverged again today. RSI (14) increased to 65.53 from 61.31with an increasing buying momentum. INTC is currently trading above its 50-day MA of $20.62 and is still below 200-day MA of $24.04.

AAPL

AAPL opened higher then declined and edged higher around 2:30pm to close the day with 1.24% gain. The volume of 21.43M is 6.2% more than the 30 day average of 20.18M. The MACD (12, 26, 9) showed a bullish sign but the MACD difference did not change today. RSI (14) increased to 44.97 from 41.86, indicating a decreasing selling momentum. AAPL is currently trading below its 50-day MA of $547.67 and 200-day MA of $594.34.

SPY

SPY opened higher and closed higher with 0.74% gain. The MACD (12, 26, 9) turned and showed a bullish trend on January 2, 2013 and the MACD difference diverged today. SPY is currently trading above its 200-day MA of $137.90 and its 50-day MA of $141.12. RSI (14) increased to 65.52 from 62.10 with an increasing buying momentum. The next major resistance will be $147.29, the R2 pivot point.

Disclosure: I am long INTC.

Stocks: INTC, AAPL, SPY