Monday, October 1, 2012

DailyMarkets.com - 5 Reasons The NQ Is Headed Lower

DailyMarkets.com - 5 Reasons The NQ Is Headed Lower

5 Reasons The NQ Is Headed Lower

Posted: 01 Oct 2012 04:36 PM PDT

The E-Mini NASDAQ 100 was not able to sustain the bullish breakout Monday morning, which led to weakness the rest of the session. Here are five reasons why the NQ is likely headed lower in the days ahead.

1. Rejection at Resistance
Today's intraday rejection at the 2,820 resistance level tells us a lot about where the NQ might be headed in the near term.
The 15-minute chart of the NQ shows price opened the session with initial strength via a gap up and rallied to 2,820 before being rejected … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stock Picks For Tuesday October 02, 2012

Posted: 01 Oct 2012 02:26 PM PDT

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Research In Motion Limited (USA) (NASDAQ:RIMM) continues to show relative strength. The stock rose 4.8% on heavy volume. The recent bounce is doing a lot to improve the technical picture. The indicators are beginning to favour a further up move. The MACD is back in positive zone and is above the signal line. Additionally, the slow stoch has moved above the 50% level in a V shaped rebound while the RSI is rising above the 50% level, supporting a short term uptrend. My … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Positive Start To Week For Stocks; Goldman Rallies

Posted: 01 Oct 2012 09:08 AM PDT

10/01/12 Stocks fell from their best levels but remained positive Monday afternoon following Fed Chairman Bernanke’s speech and a better-than-expected manufacturing … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Updating October TICK Volatility And Levels For Intraday Traders

Posted: 01 Oct 2012 12:15 PM PDT

If you are an intraday trader and use the NYSE (or related) TICK indicator in your trading decisions, it's very important to calibrate important TICK Levels with respect to volatility.
In simple terms, a TICK Value of 1,000 means different things during periods of high or low broad market volatility, and you can easily make mistakes if you don't adjust your strategies to the current levels.
Let's take a look at the current TICK Volatility Charts and compare current levels to the last few … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Commodity Stocks: Improving Returns With No Extra Volatility

Posted: 01 Oct 2012 11:30 AM PDT

Commodities are the necessary building blocks of the world. Glance around you—commodities are what the world needs to live and prosper and are everywhere you look. The world's seven billion people need resources, and that's why we recommend investors consistently allocate a portion of their portfolio to a natural resources investment.
Not every investment is the same, though. Even within the commodities space, when looking at measures such as correlation, performance and risk, two indexes … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

GM Issues Recall On Fuel Leak Concerns

Posted: 01 Oct 2012 10:56 AM PDT

10/01/12 General Motors is recalling over 40,000 vehicles in warm-weather states. Certain model years of automobiles could have a defective plastic part on the fuel pump that could crack, causing a potential fuel … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Light Economic Calendar On Tuesday

Posted: 01 Oct 2012 10:55 AM PDT

10/01/12 The global economic calendar is fairly light on Tuesday. The RBA rate decision, Euro zone PPI and US motor vehicle sales will be … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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