www.guerillastocktrading.com On Monday, August 16 2010 started out with bad news from Japan of a slowing GDP as weak growth in Japan added onto worr...
www.guerillastocktrading.com On Monday, August 16 2010 started out with bad news from Japan of a slowing GDP as weak growth in Japan added onto worries about the strength of the global economy. This negative news of a slowing down global economy was partially offset as tech stocks lead to the upside on the news that Dell is buying 3Par Inc. for .13 billion. Acquisitions are seen as a bullish indicator for a sector for two reasons: first, the company doing the buying means they have cash on hand or a credit line available that enables them to make the acquisition– second, the company being purchased by a larger company usually sees its stock spike as the purchase price of shares in the acquired company are made known. In this instance, Dell agreed to pay per share for 3Par and the stock right away adjusted up to for a quick 86% gain. Important fundamental economic reports to be released in the near future are: Aug 24 = Existing Home Sales Aug 25 = New Home Sales Aug 25 = Crude Inventories Aug 26 = Initial Unemployment Claims Aug 27 = GDP – Second Estimate Q2
Day trading stocks? See how to trade strong gaps in this eight-minute “how to” video, using examples from May 2007. A great way to learn day trading, forex, currency trading, eminis, swing trading and stock trading. [DaytradingUniversity.com]
Financial Independence is Within Your Reach! Infinity Trader guarantees that the iTrade for Wealth™ seminar will change your view of the market and how you trade, for the better. We teach a simple analysis of human thoughts and emotions. The analysis is done by interpreting the “language” using the movement of the price. You will be elevated to a new level of market sophistication. Regardless if you are already successful in the markets or a beginner looking to gain control of your trading decisions, you can’t afford to miss this opportunity.
Learn how to use a “Sell Limit” order to automatically protect your trading profits. View all our training videos and become a better stock trader. Also visit us at www.GoldenTicker.com for a free trial to our winning stock picks.