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Optionity Quick Report 12/12/2012

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

INTC

INTC opened higher and closed with a small gain of 0.10%. The volume of 48.35M is 10.01% less than the 30 day average of 53.73M. 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 55.05 from 54.76 with an increasing buying momentum. INTC currently trade below its 50-day and 200-day MA of $20.93 and $24.58. INTC touched its 50-ay MA today but failed to close above it.

AAPL

AAPL opened higher and closed lower with 0.44% loss. The volume of 17.38M is 25.57% less than the 30 day average of 23.35M. The MACD (12, 26, 9) continued to show a bearish sign and the MACD did not change in the past 3 trading days. RSI (14) decreased to 39.34 from 40.05, indicating an increasing selling momentum. AAPL is currently trading below its 50-day MA of $590.01 and 200-day MA of $597.75. 50-day MA will be the next major resistance.

SPY

SPY opened higher and closed slightly higher with 0.08% gain. The MACD (12, 26, 9) continued to show a bullish sign, and the MACD difference diverged today. SPY is currently trading above its 200-day MA of $138.10 and above its 50-day MA of $141.88. RSI (14) increased to 62.59 from 62.29 with an increasing buying momentum. The next major resistance will be $145.68, the R1 pivot point.

Disclosure: I am long INTC.