Market Holds Record Levels on Positive Economic Reports; Bullish Sentiment Returns; 10 Year Treasury Yields Approach 5%

Lot’s of good economic news, or economic news that has been interpreted as good, the last couple of days. Yesterday (Thu) before the open, The Commerce Department reported that preliminary estimates for 1Q 2007 GDP had been revised down to…

A Breakdown of Today’s Trading in Nasdaq 100 Trust (QQQQ) Options

                          Puts            Calls          Put/Call Ratio February           117,646       134,162            .88 March               236,974       160,127           1.48 April                   43,401          9,966            4.35 Source: Scottrade, as of approx. 3:00pm EST What this tells us, I think, is that there are still alot of bears out there.  Even though options buyers are…