Posts Tagged ‘Dow’
Financials and Energies Reviews on The Week of 13-9-10
When we are busy with our daily work in the new week, our experts also begin their weekly works to analyzed the futures markets to make sure that traders and have necessary information supporting their trading. Because of the limited time, this week we will check out the two typical market reviews to see how they work.
First of all, we will stop by the fiancial market since changes from here usually lead to others’ changes. It was reported that banks won’t have to make adjustments until 2019 on the amount of money they have to hold, which is used just in case there are large losses. The credit card industry, mortgages, and other loans will also see unique changes. Do you think that this is a good news or not? Shouldn’t this be done in a year or less? Loans may be more stringent and this may cause more harm than good for the consumers. The reserves will be 8.5% of the balance sheet to meet the requirements. The news may cause different feelings to people with different purposes.
There is a boost in the market this morning because fo the wews of growth in China and bank reform. This may shift trades from treasuries back into stocks. View back the past 2 weeks, the market has risen with hefty gains and seems to have the same attitude today. The bank stocks may gain steam today because companies have time to adjust. The Street takes this banking news as positive since there is a less of a chance that banks can topple the economy, like they did over the past few years.
Go next to the S&P! The S&P was up 9.7 to 1113.80 and the DOW was up 78 points to 10471.00. It can go higher if it goes past 1117.00 as there is resistance at this level. This level is important, especially when economic data comes in. 1030.00 level could be the next target.
For the long term changes we need to care, but first of all, in term of finance, we also cannot neglect changes in the currency exchange rates. Market keep running and we keep chasing.
End of the road of financials, we will turn to go along with the energy road. Let’s see the pipeline leak that the market saw on Thursday is still in effect here as Crude Oil gets bid for above $77 as the structure of the Oil curve rallies with the wti spreads gaining another 20 cents in each of the first two spreads over the weekend. During the time of Oct/Nov and Nov/Dec both trading -70. The Dec10/Dec11 contract is now at -470, as this has rallied +160 points in last week. Around the market, we can see traders are still buying this oil as this key pipeline is still shutdown. To compare, the S&P is above 1100 and the Euro/USD is above $1.28 as the oil market continues to rally. Look to see Oil try and test the $78.50 key resistance level this week with indicators pointing to a rally once again.
Natural Gas is now starting to look comfortable at the $3.70-$3.80 level. This may be a good news to traders in the floor. Our market analyst is looking at long opportunities in this market as he believes it will start to see a swift move to the upside. That Calls in Nov look very attractive right now leads him to think that this will be a great play as this market starts to make its way up.
You have just review how the financials and energies markets will be going on this week. You have noted down key points and may have your own decisions or plans in the next few days. Besides these two reviews, make sure you will not miss the other futures reviews and the daily futures price reports as usuale advised. Markets are changeable and interactive, don’t get any mistake!
- About the Author: I’m a trader in futures trading floor. I’m always eager to learn and share. Reading and searching are my hobbies. Article Source
Know Anything About Penny Stocks?
Hello,and welcome to the wonderful world of penny stocks. Many feel intimitated by anything with the word stocks involved since most of automatically associate the word stocks with gamble or loss. The fact is that penny stocks on the nasdaq and amex can be regularly day traded at a great profit if you just know some basic things.
There should never be a scared feeling when being involved with penny stocks. I can understand a sense of concern, and possibly some apprehension, but never be scared. It’s good to be on your guard and be aware of what is going on in the market.
Always be leary of so called “know it alls” There are many out there, and they are all self proclaimed guru’s. So be sure to do your research and find a reputable financial firm or outfit who can assist you.
Get used to using the computer on a regular basis, and constantly check the Dow to see what it is doing and what kind of effect it has on you. Be educated and understand how to read the market and it’s trends. Once you can develop a routine or a pattern, it will make your life much easier to pinpoint what’s hot and what’s not.
Never get too greedy. Once you begin to buy and sell, realize that you might make very little on your first handful of trades. There is nothing wrong with as long as you have a positive cash flow. Pennies per transaction time on thousand transactions can add up.
Once you get good at the day trading scene, you should begin to sharpen your skills even more and at times it’s ok to take a bit of a risk. The rewards could be beneficial. Although the losses could make an impact on your portfolio. Never get cocky. It’s the times when you let your guard down and assume you’ve found “the one” penny stock to beat all others, and then next day it crumbles.
Never forget where you came from. Always appreciate any gains you have made. So if an unfortunate time does end up coming around, you can be prepared for it and the rebound will be much easier on your wallet. Don’t ever lose your confidence or give up as you will have wasted everything you have learned, and a possible future income for you would have been thrown away.
- About the Author: Always on the search for products to make your life easier, Art Tupaczewski relates with his own life experiences and his acquired knowledge of certain select aspects of life to bring to you safe, sound advice. Sick of scams and so-called cure-alls, he goes the extra mile to find out exactly what you need to know. Want to learn more? Come see us at http://www.stockpickspennystocks.com for information about penny stocks Article Source
What are the Facts about Currency Structure of Stocks
The Dow pushed up through the 618% at 10,165/72 therefore that took out the Elliott wave structure downwards for the time being, but it has not taken out the terminal high of 10,408, indeed technically the Elliott count down is still in play, this is major to realize ahead jumping the gun and exiting or going long, the news that pushed the market overnight will be disregarded tomorrow.
Firstly, we need to see if resistance becomes support at 10,300, there are markets on their supports in Australia mainly, the Materials sector, as it is above the MediumLevel 11,500, in line with US BHP above 65 and local BHP above 38, the banks on the other hand are not supported they are facing resistance, the Dow is on 10,000 which is support, we have been anticipating a break there, the same with the XJO on 4300 support (Group1)
Gold is not on sustained, sure it has rallied and might shatter from 1200 or push to 1230 if the Dow pushes to 10600, however for now it is under 1200.
Forex, the AUD will push higher leading stock, whenever the DXY breaks done 82, it places it into a bigger bearish picture toward 80 and the Euro above 1.30 this would change the wave counts there, it hasn’t occurred as yet and we require seeing this played out
It would be tempting to chase the resource today, if so keep it tight and understand Copper is creating the first high above the level TL3 and will retest it, so expect a likely pull back and crude touching on 80 will meet with a reaction, I saying don’t get trapped, play a shorter time frame.
The ASX200 XJO is finding support at 4400 however it starts running into supply and resistance at 4500, the 618% retrenchment is around 4700 and the 50% retrenchment at 4600, so there is resistance all above 4500, so whatever happens at 4500 will set the scene for the next trend. There are a variety of things that can happen, firstly, it is likely to react to some degree, either failing at this level or gathering itself after the reaction and climbing above creating the first high above the level then retesting the level for support, but normally the first high above the level is the top of the last trend, so from here a larger pattern would unfold across 4500, eventually finding support if this is the case we would be trading long from here, the other point on the local markets is that stocks are current oversold and without the fear of the US to hold then down they will move up quickly, so we also need a trading plan for that.
In a nutshell the resistances for the Dow at 10,500 and the ASX200 at 4500 are the key points for the week ahead. Whenever these levels become support then we can await higher moves, these events when they come will take time to evolve we will be discussing the finer details of this possible ness if it unfolds.
- About the Author: TradingLounge™.com.au and the TradingLevels™ Analysis Service have been developed by Peter Mathers to meet a growing demand for accessible, sensible education and his TradingLevels™-based analysis. Delivering high quality analysis and trades recommendations for shares, CFDs, cfd technical chart analysis, indices, commodity, the TradingLounge™ has been in strong demand growing from strength to strength. Peter is author of “Trading CFDs in Today’s Markets“. If you want to know more about trading analysis, click here. Article Source
Daily Market Advantage – Honest Review of The Daily Market Advantage Stock Trading System
Review of The Daily Market Advantage System
A lot of people are very frustrated about how the stock market has been moving lately. It doesn’t seem to make any sense, does it? One day there will be bad news, but the market will go up! Then another day the market will go down for seemingly no reason whatsoever.
Whether you’re an active trader, or you just have some capital in the stock market, you can lose a lot of money very quickly if you don’t know exactly what you are doing and if you are not careful with the trading decisions you make. In this review, I’ll introduce you to this system that’s been helping me for quite some time now, to predict the market, place profitable trades and win big. This system could also help you out, should you choose to give it a try.
If you’re buying and selling stocks the way I see most people do, then you might just be gambling and not trading! There is a huge difference between the two. You have to base your trading decisions on sound analysis which would enable you reduce to a greater degree, the gambling aspects involved in your trades.
You need an accurate, effective trading technique and a good data analyzing system that will maximize your profits and minimize your loss possibilities as much as possible. You need a system that will take the guesswork out of your trading equation and enable you make wise decisions based on actual facts and data.
The good news is: NOW you can get access to such analyzed data that will enable you gain an advantage over 99% of other participants in the market. I personally used this system and it currently gives me an advantage over 99% of other traders, and to say the truth, I wouldn’t trade without it!
The system I’m talking about is called the Daily Market Advantage. The guys at the Daily Market Advantage analyze S&P, DOW and Nasdaq in addition to other technical analysis including but not limited to (Volume, VIX, Fibinacci and Daily moving averages).
The Daily Market Advantage Analysis and Reviews are very helpful to making sure you’re on the right track and making the best trades each day. This is ESPECIALLY valuable considering the current volatility of the market. It will really give you an added boost of confidence to see Dave’s daily market analysis, and see exactly WHAT trades they are making.
There are some HUGE opportunities in the market right now! Yes, even in this volatile markets, you can make huge profits if you have the right information and know what you are doing. I’m convinced that the majority of retail investors are going to be on the WRONG side of these good trading opportunities that are up right now.
This system has been helping me a lot, and will do same for you. I recommend signing up for your 30-day trial of the Daily Market Advantage today. This information can literally save your portfolio from disaster, by keeping you above the average retail investors, and giving you an advantage and a competitive edge in the market.
If you want to be a smart trader (and thus, not a gambler), I recommend signing up for this advantage today:
Click here ==> The Daily Market Advantage System
The link above will take you to a special 30-day trial of The Daily Market Advantage System. Give it a try, and you’ll see what I mean!
- About the Author: Try the Daily Market Advantage Risk Free For 30 days, and asses the effectiveness of the system for yourself. Start making profitable trades and safe your portfolio from disaster, thanks to Dave’s daily market analysis.Click on the following link to: Get Your Special 30 Days Trail of The Daily Market Advantage! Article Source
Markets Open Lower ..Dow Remains in Panic Mode
Wall Street remains in panic mode this morning. Stock Index futures were lower pre-open and this logically carried over into the first hour where the Dow opened down more than 100 points before finding bids. The Volatility gage (VIX Index) is at its highest level since the market plummeted in 2008, and traders expect Friday action to whip-saw all stocks.
Futures pointed to further selling Friday after major stock indexes posted their biggest drops in more than a year and pushed the market to “correction” mode.
Investors again looked to Europe for direction. The German parliament approved the country’s share of a $1 trillion plan to help contain debt problems in the European Union but major stock indexes fell more than 1 percent in Europe. Traders are worried stronger countries like Germany and France will be saddled with heavy debts to help weaker EU countries.
The euro rose to $1.2541 from $1.2464. The 16-nation currency has been a big driver of trading for weeks but many traders have been skeptical that any advances will be short-lived.
World markets have been falling on concerns that European debt problems will upend a global rebound. The fear is that huge deficits in countries including Greece and Portugal will cause a wave of bad debt to race through the world’s financial system. Even if that is prevented, the prospect of heavier borrowing and sluggish growth has traders concerned.
To view this article at World Market Media please click on the link below: http://www.worldmarketmedia.com/779/section.aspx/1588/post/markets-open-lower-dow-remains-in-panic-mode
- About the Author: About World Market Media:WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. Article Source
The Lowdown on Futures Signals Services
Futures trading probably isn’t the trading option for novice traders, but it is a great asset class to aspire to. Many traders that have found success with stocks or options later step up to futures because the leverage used in futures trading gives traders the opportunity to make larger profits in a shorter amount of time.
Given that futures trading can be a vexing game even for seasoned traders, we like the idea of using a signal service as part of a comprehensive futures trading strategy. For those new to futures trading, a signal service can be a great way to understand the various futures markets and what goes into finding a winning futures trade.
So without further ado, let’s take a look at some of the traits you should be on the watch for when evaluating futures signal services.
Pick Your Market, Pick Your ServiceOne aspect of futures trading that we’ve frequently highlighted is the wide array of securities that have accompanying futures products. Certainly, we love the fact that the futures market has something for everyone, but this gift can also be a burden to new traders and it can definitely be a burden when shopping for a signal service.
Traders can become overwhelmed by trying to focus on too many futures products at once. Once you’ve nailed down which futures markets you want to focus on (Remember to limit the total to two or three when you first start out), you can start to focus on what signal service is right for you. This is the easy part. If you like to trade index futures like the Dow, Nasdaq and S&P 500, make sure your signal service is proficient in this area of futures trading.
The point here is that just as a trader can spread himself too thin by watching too many stocks, currency pairs or futures products, any signal service can suffer from the same problem if it’s trying to catch winners all over the place. Futures signal services with laser-like focus are the way to go.
How Does Your Signal Service Find The Winners?Every signal service has a different method for finding and recommending trades. Some are fully automated and will just place trades for you. Others tell you what the trade is and give you, the trader, the option of taking the trade or passing on it. The differences don’t end there because every signal service uses different indicators. Some search for overbought and oversold conditions in the market to find the best trades. Others use volume and momentum indicators, while some signal services attempt to put traders on the right side of a strong trend. Still other signal services look for trend reversals and suggest trades that are counter to the most recent obvious market move.
It seems obvious, but a lot of traders only hear the part about the signal service finding the trades and assume all the work is going to be done on their behalf. If only things were that easy. While no successful futures trader would pass on a signal service that has consistently delivered stellar results, that same trader also wouldn’t pass on learning everything he can about the system’s inner workings and methodology. The long and the short of it is you should know why a signal service picks the trades that it does before using real money with that system.
Demo Accounts/Simulated Futures TradingWant to get a sense for how a signal service will perform without risking your hard-earned dough? There’s a solution and you should definitely take advantage of it. Most reputable futures brokers offer free demo or simulated accounts where you can test the efficacy of your signal service without putting real money on the line. If you like what you see in the demo account, then give your signal service a whirl on a live account.
Trust, But VerifyAs we always say about any of the signal services we discuss, make sure you take the time to go over the service’s past trades. This is your opportunity to play trade detective and verify beyond a shadow of a doubt if all those winners the service boasts of could have really taken place.
Make a checklist of factors that are important to you. What are the amounts of the biggest winners and losers the service has had recently? Does it perform well in a variety of market conditions? Is the system too conservative or too risk-indulgent? These are just a few of the factors you need to verify before getting involved with a futures signal service. Trust us, you’ll be glad you took the time to do your homework.
Article Source:http://www.articlesbase.com/day-trading-articles/the-lowdown-on-futures-signals-services-1701619.html
