Stocks to Watch Wednesday

The markets today were up early in anticipation of the FED hints of a QE3 mention but failure of any mention slowly ended the market with a sell off , we still have Moody's downgrade of banks in Europe and the U.S markets are responding adversely.

We mentioned our recommendations on PUT Options on Banks

Deutsche Bank (DB) 35.88 down another 3.73%

Barclays (BCS) 10.98 down 3.77%

We expect the stocks to continue there slide with the uncertainty in Europe, we expect financials to do poorly until some kind of mention of QE

Our mention of stocks near 52 week high PUT OPTION recommendations:

McDonalds Corp (MCD) 97.86 .62% we could see strong pull back soon failed to break 52 week high on 3 occasions could see $85 and then continue its uptrend we recommended PUTS strike 95 opportunities to add as low as .90 now worth 1.18 Jan 21 exp

International Business Machs (IBM) 190.64 we were near the money on puts Strike 190 for Dec 17 we had opportunity to add as low as .74 now well over 1.40 per contract Dec 17

Silver Ishares ETF (SLV) 29.58  We mentioned this as a possible short and Put Options at 33 range we still feel these shares could drop $26 level , this closed under $30 we could see a sell off soon

**We are patiently awaiting GLD and SLV to continue a correction , these paper markets are highly manipulated and we believe this will bring opportunity for members to buy and accumulate physical Silver and Gold , we think Gold could see 1560 range and Silver 26 these levels could be highly profitable for Long investors

OPTIONS to watch

Best Buy (BBY) 23.80 -15.21 closed near 52 week low because of bad financials, along with lower than expected retail numbers we could see a continued drop until $22 range buying near here could pose a great opportunity , we think CALLS possibly for JAN 21 strike 25 could be a nice move here be patient and watch for entry

Urban Outfitters (URBN) stock did quite well on earnings reached $29 today but huge resistance at these levels if the stock hits 29-30 range look for short or PUTS at 26 range be patient and stay disciplined

We firmly believe that Gold and Silver are real money but with FED backing out of QE3 mentions we could continue seeing metals drop as panic investors will sell cheap along with market manipulators selling in order to make the dollar look and feel as the strongest of all fiat currency

I will have a Gold and Silver Report coming please be patient

OTC Markets are getting LIFE

GOHG .0002 -.0008 huge 300% opportunity

PSRU .0002-.002 1000% potential

COHO .001-.0022 over 100%

There have been quite the runners as of late more money in OTC as the big boards are having trouble with Europe

many investors on a weaker euro will invest in OTC , we are witnessing much needed life and liquidity in the OTC markets

Penny stocks to watch

NEGS .0022 nice gainer today could see a run to .005 range