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Daily Market Commentary



Monday, April 09, 2007


 

Ultimate Trading Machine Live Webcast

At 9:00pm EST (New York Time) 6:00pm PST (Pacific Time) this Tuesday, April 10th, You are invited to attend the live webcast where you will see the Ultimate Trading Machine (UTM) in action! Please make a note of the time, you do NOT want to miss this event.

If you haven't registered yet, this is your chance to do so.

Ultimate Trading Machine Live Webcast

There is a void in the marketplace, and the UTM fills it. While most systems are subjective, and often complicated allowing much room for interpretation, mistakes, and varied results, this is not. We all take the exact same setups, and we all get the same consistent results. This is the last kick at the can so to speak, don't miss out.

Ultimate Trading Machine Live Webcast

 



You'll see why it is so effective, and why it is so simple to learn. You will be taken through recent trades, and shown how it differs from the other software and training systems on the market. You'll be told why the exclusive group of the current owners keep raving about it, and just what they are saying.

Find out how many copies will be available, (there won't be enough for every trader, but you'll be given a chance to pre-register to ensure yourself a copy.) Also, you'll be told how long it will be available for (it won't be very long, that I can tell you now.) Finally, you'll get to ask your questions directly to the chief developer, a very rare chance to do so.

Space is limited to the first 200 registrants, and it will fill up fast. This is an event you don't want to miss. More details will follow upon registration. Register if you haven't yet:

Ultimate Trading Machine Live Webcast

 

PS: When was the last time you saw a system that was so powerful, it was backed by a Performance Guarantee ... You don't profit, you don't pay! Click for UTM Now!

 


Daily Stock Picks

Bottoming -

Apr 5 for Apr 9:
GVHR HBAN HEES NURO SDXC SIRI VLTR WLSN

(
Stocks making a 52 WK low but closing higher than they opened)

Oversold Stocks -


Apr 5 for Apr 9:
ENTU GROW RGLD

(Stocks closing higher than they opened, crossing up through their 25 Stochastic level, and on 150% + greater than average 6 month volume)


Volume Pop -


Apr 5 for Apr 9:
ACAD CEGE DNDN JSDA BIOM ENCY ENMD GTCB MDII MVIS NGEN PCYC

(Volume Pop With High ADX & RSI)

More... Stock Picks Page #1

 

 

Technical Indicators

Price Volume Rank

Price Volume Rank is a simple analysis developed by Anthony Macek using just two sets of data, Price and Volume.

Macek describes the indicator as, "for those with neither the time nor the inclination to master the techniques necessary to monitor every blip and sputter that the market produces...."

 

Read More...

 


Trading Education Tutorial
Courtesy of Nirvana Systems

Volatility





Well Behaved Stocks Reap Rewards

Some stocks move multiple points and multiple directions in one trading session. Other stocks are more methodical in their day-to-day movement. Which type of stock is more attractive to you as an investor?


Read More...

 

 

NASDAQ Chart of the Day
Courtesy of Nirvana Systems


EBAY is holding at a major resistance level at 34.30, which has held solidly for about 10 months. If this level is not broken, we could see another decline from these highs.


Daily Trading Signals

 


NYSE Chart of the Day
Courtesy of Nirvana Systems


WMS is holding precisely at key resistance at 41.25, which has held firmly since January. If the stock cannot rise above this zone, we could see another big sell-off from these levels.


Daily Trading Signals

 


Daily Market Commentary
Courtesy of Nirvana Systems

Updated Thursday, 4/5 for Monday's market.

Key DOW Levels for 4/9

UP

Above 12,600

DN

Below 12,485


Slow Advance...

- Dow trends slowly higher throughout session, closes above resistance. The index got a nice breakout from the clear consolidation and is now holding above key resistance, which bodes well for trading next week.


- The NASDAQ and S&P each pushed slowly higher today out of the clear consolidations that had been forming. Look for more strength out of these patterns, especially if near-term support holds.


Summary

The Dow closed the day quietly higher after trending slowly up throughout most of the day. The index continues to hold above the clear 12,500 fulcrum, which hints at more strength ahead, especially if 12,500 continues to hold. Watch this zone closely.


Read More...

 


P.S. - Swing Trading is the art of capturing profits in trending stocks in a relatively short amount of time. Millennium Trading offers Swing & Day Trading Strategies for the full or part-time trader. » Get More Info Now!


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