DailyMarkets.com - Watching A Triangle Pattern In Google GOOG

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• Watching A Triangle Pattern In Google GOOG
• Big Board Rises On Fed Meeting
• Hot Option Plays: Fed Stays The Course After Hours
• Rocket Or Breakout? What Say You?
• Federal Reserve Keeps QE, Economy Grows Moderately
• Global Flash PMI Data Awaited

Watching A Triangle Pattern In Google GOOG Posted: 20 Mar 2013 02:49 PM PDT For short-term traders, Google (GOOG) is forming an interesting compression triangle pattern that may warrant our attention. Let's start with the Daily Chart, note the key levels with structure, and then zoom into the lower frame charts to highlight a price compression triangle at work. Starting with the structure, Google (GOOG) remains so far in a long-since confirmed uptrend and is currently challenging critical support into the $800 to $805 per share level. That zone should be our focal … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Big Board Rises On Fed Meeting Posted: 20 Mar 2013 02:48 PM PDT 03/20/13 Stocks were trading higher Wednesday after the Federal Reserve expressed plans to go ahead with its aggressive efforts to stimulate the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: Fed Stays The Course After Hours Posted: 20 Mar 2013 02:18 PM PDT Cusick’s Corner 03-20-2013 After Hours The Fed spoke, their perspective has not changed and into the close the overall market is grinding to new highs of the day. Home Builders, XHB, are really taking off today and that is a huge catalyst for the market. This segment has been a leader and this needs to continue. Watch the Existing Home Sales data tomorrow. Have to run, see you Midday. Stock market averages moved to session highs shortly after the FOMC concluded its latest meeting on monetary … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Rocket Or Breakout? What Say You? Posted: 20 Mar 2013 12:28 PM PDT The second most difficult challenge (after auguring the market's future near-term direction) is to select the best stocks into which to put some money to work so as to maximize potential returns while keeping risk of loss acceptable.  Most of … Continue reading … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Federal Reserve Keeps QE, Economy Grows Moderately Posted: 20 Mar 2013 11:37 AM PDT    The U.S. Federal Reserve maintained its target for the benchmark federal funds rate and its monthly purchases of $85 billion of housing-related debt and Treasury bonds, saying the economy was returning to moderate growth, and while the labor market has improved, the unemployment rate remains elevated.     Repeating previous statements, the Federal Reserve said it it expects that its “highly accommodative stance of monetary policy will remain appropriate for a … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Global Flash PMI Data Awaited Posted: 20 Mar 2013 08:20 AM PDT 03/20/13 Preliminary PMI manufacturing data will be coming out from China, the Euro zone and the US. Data on jobs, housing and leading indicators are slated for release on … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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