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Daily Market Commentary



Friday, September 29, 2006


Quantum Swing Trader
Limited Offer


Quantum Swing Trader - Limited Edition

If you had a stock trading method that let you discover when a stock was about to make a massive move UP or DOWN, and then showed you, step-by-step, how to take advantage of that move to potentially pull profits out of the markets... would you be interested?

The "sweet spot" of Quantum Swing Trader is that it shows you how to take just a few common indicators, but use them in an uncommon way to "pinpoint" the spot in any stock where it has a high probability of making a massive move UP or DOWN, but not stay the same.

* Quantum Swing Trader - Limited Edition*

Bill's only releasing 1,000 more copies to the trading community, and only fot a limited time. He's doing this so he can make sure he can provide support and focus to his next group of students for his new course.

* Quantum Swing Trader - Limited Edition*

This course is HUGE. Here are some of the highlights:

** "Free Trade" strategy which is the goal of every trade he teaches you to place. This lets you get into a position and lock in some early profits.

** How to quickly scan over 8,000 stocks every night in seconds with Bill's search criteria to find the stocks that have a high- probability of entering into a potentially profitable position.

** Profit Feeder service, which "spoon feeds" you his highest-probability stocks every night.

** The 2 "cheat sheet" blueprints that summarize the entire method in one place so you don't need to spend hours hunting through the materials after you've studied it to find what you want.

** Spend no more than 20 minutes a night applying the method.

There's a ton more, including a dedicated section just for beginners, lifetime customer support, and some really unique bonuses, but you'll need to check out QST's web page to see everything for yourself:

Quantum Swing Trader - Limited Edition

 


Trading Education Tutorial

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

 

ENER is beginning to break out of a large triangle pattern that could spark big movement. The breakout is occurring through 38.15 on high volume, which is quite bullish.


Daily Trading Signals

 


NYSE Chart of the Day


HXL is winding up within a clear consolidation, which could pack a punch once a breakout is seen. Watch 14.80 up, and 13.40 down.


Daily Trading Signals

 


Daily Market Commentary

Updated Thursday, 9/28 for Friday's market


Key DOW Levels for 9/29

UP

Above 11,750

DN

Below 11,650


Still Consolidating...

- Dow trades sideways throughout session, forms clear consolidation. The index closed the day with a 29 point gain for the session, but closed just 10 points below the all-time closing highs.


- The NASDAQ and S&P continue to wind up within their respective consolidations. However, the NASDAQ continues to be a bit more reserved than the broader market, which is concerning to big medium term strength.


Summary

The Dow ended the day with a modest gain and is now holding at the top of the clear consolidation that has formed at the overall highs. Look for further range movement ahead of the next key breakout.


Read More...

 


P.S. - Swing Trading is the art of capturing profits in trending stocks in a relatively short amount of time. Shogun Swing Trading offers Swing & Day Trading Strategies for the full or part-time trader <  » Go here to learn more...


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