Monthly Archives: July 2010
Quadrillion Dollar Debt: ‘Day of Reckoning’ Looms
| July 31, 2010 | Posted by admin under Forex Technicals, Stock Market Analysis |
Quadrillion Dollar Debt: ‘Day of Reckoning’ Looms What Will Happen as $1,000,000,000,000,000 in Global Debt Winds Down? By Elliott Wave International A thousand trillion in debt can’t be wished away or swept under the rug. No one can “forgive” the debt. The consequences of unwinding this debt could be as massive as the dollar figure…
Market Continues to be Choppy
| July 31, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Friday saw aggresive moves, as the market opened lower and rallied furiously…only to finish the day basically unchanged. The lows of the day came very near the short-term upward trendline, showing there is still support above 1070, as the S&P 500 hit a low around 1088. The trendline crosses currently at 1086. The stifled rally…
Learn this Chart Pattern from AKAM
| July 30, 2010 | Posted by admin under Day Trading Ideas, Intro to Trading, Stock Market Analysis, Swing Trading Ideas |
This stock looks lower based on a classical technical pattern This is the first time I have looked at this particular stock and it appears to chart beautifully. The stock I am referring to and analyzing today is Akamai Technologies Inc. The symbol for this stock is AKAM and it is traded on the NASDAQ.…
Amazon has hurt itself … technically
| July 28, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Today Adam looks at another stock, Amazon (AMZN). Here are his introductory comments to the video analysis of the stock… In today’s video we look at the technical aspects of Amazon and see what’s causing it not to go up at this point in time. Analyzing the market in-depth, we can see that Amazon has…
Is the star in Starbucks (SBUX) fading?
| July 27, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The following is from Adam Hewison and he is looking at the coffee giant Starbucks (symbol: SBUX)…. I recently took the time to analyze one of the most popular and iconic brands on the American scene. I am of course talking about Starbucks. After getting beaten down in 2008, Starbucks has made a remarkable recovery. However, that recovery…
Trading Accessible to Anyone! Will You Take Part?
| July 27, 2010 | Posted by admin under Intro to Trading |
You may not have heard of them yet, but professional traders have been using them as tools for years. Now they have gone mainstream which means almost anyone can trade and be a part of the markets which they didn’t think they had the capital to trade. CFDs or Contracts for Difference have revolutionized how people can…
The Secret of Money
| July 26, 2010 | Posted by admin under Day Trading Ideas, Food for Thought, Intro to Trading, Stock Market Analysis, Swing Trading Ideas, Techncial Analysis Tutorials |
We know that the financial markets can be a source of great wealth. Yet with much negative news out it can be hard to see how to make money. Yet, here is a little secret: There is no shortage of money! We are all aware that money basically is nothing but our own…
William Black: “Unlimited Taxpayer Bailout” of FDIC Coming; FDIC Shell Game Hides the Bailout
| July 26, 2010 | Posted by admin under Food for Thought |
The following comes from Mike “Mish” Shedlock @ http://globaleconomicanalysis.blogspot.com Last Friday seven more banks failed bringing the total bank failures to 103. U.S. bank failures this year have surpassed a bleak milestone of 100 as regulators shut down banks in Georgia, Florida, South Carolina, Kansas, Nevada, Minnesota and Oregon. The seven bank seizures announced Friday bring…
Euro Push Likely to Continue?
| July 26, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Overall there was not much change last week in the EUR/USD. Heading into this week, the 1.3100-1.3200 resistance still remains overhead, yet the trend also remains up. With the pullback last week having little follow through it is likely that a test of this resistance area will be seen. A likely target is the high…
Is the Stock Market Really Going Higher???
| July 25, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
It appears that the offer pulling may be working as this market once again breaks above resistance on falling average volume. On Friday the S&P 500 broke above 1100 signaling another potential wave higher. A large triangle was broken by Friday’s move, as well as the downward trendline extending down since late April. Given that…
S&P 500 – Battle Royale
| July 23, 2010 | Posted by admin under Day Trading Ideas, Intro to Trading, Stock Market Analysis, Swing Trading Ideas, Techncial Analysis Tutorials |
Any trader in the market right now has seen dramatic moves intra-day. While investors may not typically be too concerned about intra-day movements, those large swings show just what kind of battle is being waged each day in this market. The market is see-sawing, but is approaching an important level – this level could sway…
The Bear Market and Depression: How Close to the Bottom?
| July 18, 2010 | Posted by admin under Intro to Trading, Stock Market Analysis, Swing Trading Ideas |
By Elliott Wave International While many people spend time yearning for the financial markets to turn back up, a rare few have looked back in time to compare historical markets with the current situation – and then delivered a clear-eyed view of the future informed by knowledge of the past. One who has is Robert Prechter. When…
EUR/USD: Euro breaks downward trendline
| July 17, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
In the last analysis I said the Euro was heading for a test of the dominant trendline at 1.2800. That target has been met and exceeded as the pair closed out the week at 1.2928. This means the downward trendline has been broken. There is a band of resistance between 1.3100-1.3300 making this an interesting…
Stock Market to Re-test Recent Lows
| July 17, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Friday saw a strong sell off in the S&P 500. This move has placed a strong negative bias on the short term which aligns with the negative longer term view. The recent swing lows at 1010 are definitely within sight and a test of 1000 is likely. A rise back above 1102 would indicate that some buying…
Recent Comments