Apr 16 Options Trades Update

Wall Street managed to end on a positive note. Some earning reports that surpassed analyst's expectation provided the positive bias against a backdrop of negtive inflationary data but perhaps met with relief by traders that it wasn't worse. Has the market bottom out? Something interesting to note is that Lehman Bros's CEO made a remark that the worst of the crdit market crises is behind us. Is it time to get back into Financials? In any case, I am activating some selective purchase of Unit-Trusts buy from my SRS account. After the close of trading, Intel announced 1Q earnings there were in line with forecasts on higher than expected sales. It also provided positve guidance for Q2 higer than current expectations, leading to a jump in the share price in after hours trading. This bodes well for Technology sector for sure. Anyway, more earning announcements to come for the rest of the week with the likes of Coca-Cola, JPMorgan, Wells Fargo. CPI report will also be out Wednesday & will be closely watched.