Monday, March 19, 2007
Daily Stock Picks
Bottoming -
Mar 16 for Mar 19:
ARAY AUDC BDAY ENCY FLDR HEES IPGP ORIT PAET PLUG PRVT SDXC VIMC
(Stocks making a 52
WK low but closing higher than they opened)
Oversold Stocks -
Mar 16 for Mar 19:
CERS GMKT GSIC HTRN KFRC SLXP SRSL TSAI UAPH
(Stocks closing
higher than they opened, crossing up through their 25 Stochastic level, and on
150% + greater than average 6 month volume)
Volume Pop -
Mar 16 for Mar 19:
ADPT FICC
(Volume Pop With
High ADX & RSI)
More... Stock Picks Page #1
Trading Ideas &
Picks
Weekly Swing Ideas Report for March
19th - March 23rd
Stock Picks - Long and Short
Potential Swing Candidates ... SwingTracker Scans: Trading Window, Force Swings
(DG Dollar General, CVC Cablevision SysA, INSP InfoSpace Inc, JAS Jo-Ann
Stores), Triangle (DG Dollar General, SLB Schlumberger Ltd, SII Smith Intl, MA
MasterCard IncA), Revival, Reversals (HEES H&E Equipment Svcs, UAPH UAP Holding),
and more...
Trading
Ideas - Read More
Trading Ideas &
Picks
The QQQQ Report for March 19th - March
23rd
QQQQ: Friday's failed move above the 15 DMA suggests that it will
continue to act as a level of short-term resistance and that we could see the
QQQQ drift toward the longer-term support of its 200-day moving average...
Trading
Picks - Read More
Trading Education
Tutorial
Courtesy of
Nirvana Systems
Trading Ranges
Big Moves Occur
Outside of the Range
A trading range is basically a horizontal channel in which a
security moves from the high and low of the channel for an extended amount of
time. Obviously, the upper level of the range can be considered resistance and
the lower level represents support. Trading within a range is possible, but
it's the breakout from the range that provides the best opportunities.
Read
More...
NASDAQ Chart of the Day
Courtesy
of Nirvana Systems
FRED
continues to hold firmly beneath major resistance at 15.10 and has put in another
serious wick, which could indicate another sell-off attempt could be ahead.
Watch for a break away from this resistance level for key medium term
direction.
Daily Trading Signals
NYSE Chart of the Day
Courtesy
of Nirvana Systems
ANN
took a nice breakaway gap to the upside out of a lingering saucer pattern,
which could offer solid bullish movement toward highs at around 45.00.
Daily Trading Signals
Daily Market Commentary
Courtesy of
Nirvana Systems
Updated Friday, 3/16 for Monday's market.
|
Key DOW Levels for 3/19
|
|
UP
|
Above 12,200
|
|
DN
|
Below 11,950
|
HIn the Range...
- Dow opens with volatility, closes quietly. The index closed the
day lower by 49 points, but ended very quietly. Look for a potentially big
breakout move to occur next week.
- The NASDAQ and S&P each pulled back from early highs today, but remain
within clear consolidation ranges. Watch these ranges closely for direction
Monday.
Summary
The Dow closed the day lower, but almost looks ready to challenge resistance at
12,350. Watch 12,200 for early signs of strength, unless 12,050 is taken out.
Read More..
