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[arthur]

Wed: Top Buys PPH Top Sells SPX QQQQ DIA IWM SMH GOOG OIH OXY AHC

PPH is a long-term buy, because pharma stocks are relatively undervalued and tend to outperform in a flat or lower market. SPX may fall over 10 points tomorrow or Thu. So, appropriate Jul puts (that can fall into the money before the weekend) may be buys, e.g. on SPX QQQQ DIA IWM and SMH. GOOG has been flat, while the market rallied sharply, and Aug puts may be a buy. Oil stocks rallied sharply today and may become volatile before the oil inventory report at 10:30 AM ET (one hour after the open). So, OIH OXY or AHC puts may be buys for quick trades. Tomorrow could be a huge day for Jul puts.