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Optionity Quick Report 12/27/2012

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

Company Name / Ticker

Closing Price (Gain/Loss)


Volume/30 Day Average


20.51 (-0.14)

20.31 - 20.76


Apple Inc. (NASDAQ:AAPL)

515.06 (+2.06)

504.66 - 516.25



141.59 (-0.06)

139.93 - 142.07


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

33.71 (-0.03)

33.32 - 35.87



INTC opened higher, hit intra-day low at $20.31, and closed slightly lower with a loss of 0.68%. The volume of 31.70M is 63.70% of the 30 day average of 49.77M. The MACD (12, 26, 9) started to show a bullish sign on Dec. 4 but the MACD difference converged again today. RSI (14) decreased to 48.93 from 51.86 with an increasing selling momentum. INTC is currently below its 50-day MA of $20.67 and 200-day MA of $24.31.


AAPL opened flat, hit intra-day low of $504.66, and started to surge around 2:30PM to close with a slight gain of 0.40%. The volume of 16.23M is 73.94% of the 30 day average of 21.95M. The MACD (12, 26, 9) continued to show a bearish sign but MACD difference converged today. RSI (14) increased to 37.45 from 36.31, indicating a decreasing selling momentum. AAPL is currently trading below its 50-day MA of $565.07 and 200-day MA of $597.02. The S1 pivot pint, $527.27 will be the nearest resistance, followed by 50-day MA as the next major resistance.


SPY opened slightly higher and continued to decline until 2:30PM to start the turn around and closed with a minor loss of 0.04%. The MACD (12, 26, 9) turned bearish today. SPY is currently trading above its 200-day MA of $137.56. SPY tested and traded below through its 50-day MA, but managed to close above it with late day surge. RSI (14) decreased to 50.11 from 51.02 with a decreasing buying momentum. The next major resistance will be $144.66, the R1 pivot point.

Disclosure: I am long INTC.