TradeKing Midday Market Call Recap - SPX, MO

Recap for Tuesday, March 24th by Kevin Corrigan

Did you miss Tuesday’s TradeKing Midday Market Call? Here’s a quick recap. Don’t miss another session, register here today!

Analysis of S&P 500 from QuickTakesPro’s Michael Kahn:

S&P 500 (SPX) – At the time of this broadcast, SPX was around 2105.42, up 1.00 today. Overall, the big picture is still in an upward trend. It looks to be a mature one with momentum down and has recently been a bit “choppy.” It could still “give a bit back,” but overall the trend is up, according to Michael.SPX is just above its 50 day moving average of 2067.05 and above the 200 day moving average of 2008.96.

The Chart of the Day is Altria Group, Inc. (MO) -

Analysis of MO Volatility Chart and Dividends from TradeKing’s 

Brian Overby


Technical tools used:

 Moving Averages

Brian Overby’s paper trade strategies based on Michael’s analysis -

Long Call

Brian’s Paper Trade - Long Call 

Brian’s Paper Trade - Long Call 

TradeKing Options Tools used:

- Detailed Quote- TradeKing Long Call

- TradeKing Volatility Charts

- TradeKing Options Pricing Calculator

- TradeKing Probability Calculator

- TradeKing P&L Calculator

 additional risks and multiple commissions

 Commissions + Fees page

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