Thursday, July 19, 2012

DailyMarkets.com - Stocks To Watch On Thursday July 19

DailyMarkets.com - Stocks To Watch On Thursday July 19


Stocks To Watch On Thursday July 19

Posted: 19 Jul 2012 12:53 AM PDT

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Daily chart shows an ascending triangle in formation in Quanta Services (NYSE:PWR). Decreasing volumes & increasing RSI adds strength to the pattern in formation. The stock is a buy on a break above $24.25 if you are looking for a trade.

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Paychex, Inc. (NASDAQ:PAYX) hit a new 52 week high. Resistance is $33.4, which was Wednesday's high of the day. The technical chart shows the stock is in a strong bull market both 50-day and 200-day moving … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Schumer Calls For U.S.-Made Olympic Athletes

Posted: 18 Jul 2012 07:32 PM PDT

To expose the current political asininity and nitwitery swirling around Washington about where our Olympic uniforms are stitched together, here’s a re-write of this article from The Hill re-titled “Schumer joins calls for US-made/born Olympic uniforms athletes”:

“Sen. Charles Schumer (D-N.Y.) became one of the latest legislators to call on the U.S. Olympic Committee to replace uniforms made U.S. Olympic athletes born in China and other foreign countries with ones "made" (born) in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Waiting For Direction

Posted: 16 Jul 2012 12:15 AM PDT

This stock market has been a difficult one for traders and investors alike. The directionless choppiness has combined to create a climate of maximum frustration for many professionals that I have talked to. Unfortunately, the volatility is likely to continue and I am still waiting for signs of direction.

The bear case
For a market analyst, the bear case is easy to make. Cyclical leadership is weakening and defensive leadership continues to be dominant. Consider the chart below of the relative … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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