12:15pm (EST) Wall Street Notes: Facebook (FB, $27.33, down $0.86) Weekly Options started trading today. There has been more put buying than call buying since shares went public. In eight trading sessions, shares have ended lower in 5 of them. Today would make 6-out-of-9. We have been watching the options
Is Facebook (FB) a Falling Knife?
Bulls Rally Getting Stronger
12:15pm (EST) The market is getting a little pop today and time will tell if today’s gains hold into the close and for the rest of the week. The bulls are breathing fresh air after being held underwater for what seems like eternity and are pushing resistance which was prior