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

Optionity Quick Report 12/31/2012 (Happy New Year!)

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

Company Name / Ticker

Closing Price (Gain/Loss)

Low-High

Volume/30 Day Average

Intel (NASDAQ:INTC)

20.62 (+0.39)

20.16 - 20.66

41.14M/47.84M

Apple Inc. (NASDAQ:AAPL)

532.17 (+22.58)

509.00 - 535.40

23.53M/21.71M

SPDR S&P 500 ETF (NYSEARCA:SPY)

142.52 (+2.65)

139.54 - 142.55

50.56M

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

31.79 (-3.67)

31.40 - 36.79

14.62M

INTC

INTC opened lower and closed strongly higher with 1.93% gain. The volume of 41.14M is 14.06% less than the 30 day average of 47.84M. The MACD (12, 26, 9) started to show a bullish sign on Dec. 4 but the MACD difference converged again today. RSI (14) increased to 51.51 from 43.64 with an increasing buying momentum. INTC closed above its 50-day MA of $20.61 on Monday and is still below 200-day MA of $24.24.

AAPL

AAPL opened flat and close strongly higher with 4.43% increase. The volume of 23.53M is 8.38% more of the 30 day average of 21.71M. The MACD (12, 26, 9) turned to show a bullish sign on Monday. RSI (14) increased to 47.08 from 35.63, indicating a decreasing selling momentum. AAPL is currently trading below its 50-day MA of $560.33 and 200-day MA of $596.49. AAPL broke its S1 pivot pint, $527.27, on Monday and the next major resistance is its 50-day MA.

SPY

SPY opened flat and closed with a strong gain of 1.89%. The MACD (12, 26, 9) continued to show a bearish trend, but the MACD difference converged on Monday. SPY is currently trading above its 200-day MA of $137.60. SPY also closed above its 50-day MA of $140.58 today. RSI (14) increased to 53.81 from 43.28 with an increasing buying momentum. The next major resistance will be $144.66, the R1 pivot point.

Disclosure: I am long INTC.