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Optionity Quick Report 12/06/2012

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

INTC

INTC opened higher and closed higher with 1.56% gain. The volume of 46.27M is 15.46% less than the 30 day average of 54.73M. The MACD (12, 26, 9) started to show a bullish sign on Dec. 4 and the MACD difference continued to diverge today. RSI (14) increased to 46.63 from 41.18 with a decreasing selling momentum. INTC currently trade below its 50-day and 200-day MV of $21.10 and $24.69.

AAPL

AAPL opened sharply lower and closed higher with 1.57% loss. The volume of 42.01M is 1.87x of the 30 day average of 22.49M. The MACD (12, 26, 9) continued to show a bullish sign but MACD difference continued to converge today. RSI (14) increased to 39.33 from 35.57, indicating a decreasing selling momentum. AAPL is currently trading below its 50-day MV of $600.64 and 200-day MV of $597.33, which should be the next major resistance.

SPY

SPY opened nearly flat and closed with 0.29% 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 $137.93 and slightly above its 50-day MV of $141.96. RSI (14) increased to 55.77 from 53.56 with an increasing buying momentum. The next major resistance will be $145.68, the R1 pivot point.

Disclosure: I am long INTC.