Friday, December 22, 2006

 

Quantum Swing Trader - Discover Where Stock Market Potential Becomes Reality

Quantum Swing Trader
Limited Offer

Quantum Swing Trader - Holiday Special

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?

In addition to the 7 CD-ROMs, the full-color manual, the trading blueprints, the trading for beginners book, the email support, members website, and all the bonuses... here's what you'll get with Holiday Special:

** If you claim your copy of his complete multimedia trading course before 1/1/07, you can get started for as little as $297 (all the details are on QST web page)...




** PLUS, the 45 day guaranty is extended to a full year: 365 days...

** AND, you'll get a $500 voucher toward the purchase of the upcoming coaching and mentoring programs that are to roll out in 2007.

All the details are here:

Quantum Swing Trader - Holiday Special

As you can imagine, with an offer like this, there is a strict limit of 250 copies. So, claim your copy of his trading course today, before they're completely gone.

Quantum Swing Trader - Holiday Special


 
Trading Ideas & Picks

Swing Ideas for December 22nd, 2006

Swing Plays - WTS ROG ASPV CLZR: Stock Picks - Patterns were not easily found either. Healthcare products (CLZR, ANGN), financials (ECPG, ADVNB) and building products (BDK, WTS) seemed to lead the way in bullish reversals..

Trading Ideas - Read More

 
Trading Education Tutorial

Triangles






Tightening Price Action Leads to a Breakout

There are various forms of consolidation and they occur anytime there is an equilibrium of buyers and sellers. One of the most predictive consolidation formations is the triangle.

Read More...

 
NASDAQ Chart of the Day




MDTL is holding firmly at critical support at 18.50, which has held since June. If this stock breaks above 20.50 we could see a big bounce higher. Otherwise, watch key support for a potential decline if 18.50 is clearly violated.

Daily Trading Signals

 
NYSE Chart of the Day




KKD is breaking out of a large triangle consolidation pattern at 10.45, which is quite bullish. If the stock can clear 10.80, we could see a nice 2.5 point advance.

Daily Trading Signals

 
Daily Market Commentary

Updated Thursday, 12/21 for Friday's market.


Key DOW Levels for 12/22

P

Above 12,500

DN

Below 12,380


12,400 Holds...

- Dow tests key resistance, but is turned away. The index dropped precisely to the key 12,400 support level, where the index found its footing, but still ended the day lower by 43 points.

- The NASDAQ and S&P each pulled back sharply from the day's highs, but all maintained their stance at key support. Watch support closely tomorrow, as this is the key 'line in the sand'.

Summary

The Dow ended the day within the boundaries of the clear trading range that continues to build out from 12,400 to 12,500. Watch this range for further range movement until a solid breakout is seen.

Read More...

Thursday, December 21, 2006

 
Trading Education Tutorial

Trendlines






Determining Market Reversals and Continuations

Trendlines are perhaps the oldest tools known to chartists. Trendlines form across peaks and valleys called pivot points - relative highs and lows in a chart. As more points form along a line, it becomes more "established". This means that, when the line is broken, it will likely follow through with a strong move in the new direction.

Read More...

 
NASDAQ Chart of the Day



NVTL has built out a large triangle range over the last two months, which could offer a big breakout opportunity. Watch 9.90 up and 8.90 down for a breakout move.

Daily Trading Signals

 
NYSE Chart of the Day




CME has formed a clear trend line beneath the lows of the latest advance that began in September. An upside break through 535 could spark another big wave of movement to new highs toward 580.

Daily Trading Signals

 
Daily Market Commentary

Updated Wednesday, 12/20 for Thursday's market.


Key DOW Levels for 12/21

P

Above 12,500

DN

Below 12,380


Resistance Holds...

- Dow tests key resistance, but is turned away. The index trended slowly lower to the Close for a mild loss of just 6 points, but is still positioned to make a big move.

- The NASDAQ and S&P each pulled back from the day's highs, but look to be winding up within the boundaries of a potential breakout pattern. Look for continued development of this pattern ahead of the next key move.

Summary

The Dow continues to hold near the overall highs and continues to test the major 12,500 resistance level. If the index cannot break cleanly above this zone, we could see further range movement above 12,400 before another key directional move is seen.

Read More...

 

Quantum Swing Trader - Discover Where Stock Market Potential Becomes Reality

Quantum Swing Trader
Limited Offer

Quantum Swing Trader - Holiday Special

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?

In addition to the 7 CD-ROMs, the full-color manual, the trading blueprints, the trading for beginners book, the email support, members website, and all the bonuses... here's what you'll get with Holiday Special:

** If you claim your copy of his complete multimedia trading course before 1/1/07, you can get started for as little as $297 (all the details are on QST web page)...



** PLUS, the 45 day guaranty is extended to a full year: 365 days...

** AND, you'll get a $500 voucher toward the purchase of the upcoming coaching and mentoring programs that are to roll out in 2007.

All the details are here:

Quantum Swing Trader - Holiday Special

As you can imagine, with an offer like this, there is a strict limit of 250 copies. So, claim your copy of his trading course today, before they're completely gone.

Quantum Swing Trader - Holiday Special


Wednesday, December 20, 2006

 
Trading Education Tutorial

Moving Averages and the Trend




Moving Averages Help Us Identify Trend Reversals

One of the old axioms of technical analysis is that 'the trend is your friend'. This holds true, as long as you trade in the direction of the trend. However, your 'friend' has two faces, and can turn on you to eliminate profits (and your friendship!). Trend reversals can occur at any time and one of the important skills a trader must possess is the ability to identify a reversal. It is easy to exit a position too early if we over-anticipate a trend reversal, and just as easy to watch our profits evaporate if we are too slow to exit the trade.

Read More...

 
NASDAQ Chart of the Day




TUES took a large gap down through a clear lower trend line at 17.60 today, making for a highly bearish scenario. Look for continued weakness from this stock, especially if 16.80 holds.

Daily Trading Signals

 
NYSE Chart of the Day




AMR has formed a clear consolidation at the highs of the latest advance from 31.00 to 34.40, which is quite bullish. However, a breakout in either direction from this range could spark a very nice move.

Daily Trading Signals

 
Daily Market Commentary

Updated Tuesday, 12/19 for Wednesday's market.


Key DOW Levels for 12/20

P

Above 12,500

DN

Below 12,375


Drop and Pop...

- Dow sells off sharply at Open, but recovers with strong rally to the Close. The index then proceeded to rebound from the day's lows and eventually reeled off a solid 95 point rally to end the day at all-time highs and with a 30 point gain.

- The NASDAQ and S&P each bounced solidly higher from the opening lows today, making for a nice recovery. However, the NASDAQ continues to lag after yesterday's huge decline. Watch the current ranges for the next key move.

Summary

The Dow closed the day with a modest gain after rallying sharply from the day's lows, which was quite a move. However, the index stopped short of key resistance at 12,490, which we will continue to watch. As long as the Dow can remain above 12,360, there's a very good chance of continued overall bullishness. Keep an eye on 12,400 for early weakness.

Read More...

 
Technical Indicators

Keltner Channels

Keltner Channels are a volatility-based indicator that uses a pair of values placed as an "envelope" around a data field. The values are calculated by taking the Exponential Moving Average of the data for a given period and adding or subtracting twice the average true range from the moving average.

Envelope theory states that prices will most likely fall within the boundaries of the envelope. If prices drift outside their envelope this may signify a trading opportunity.

Keltner Channels are similar to Bollinger Bands and share many of their characteristics but represent volatility using high and low, rather than the standard deviation of the one field.

Read More...

 
Trading Education Tutorial

Measured and Exhaustion Gaps




Identifiable Patterns After Confirmation Move

We have previously mentioned the three types of gaps that are of relevance to investors - the breakaway gap, the measured (or continuation) gap, and the exhaustion gap. We previously discussed the breakaway gap, but it is important to discuss the measured gap and exhaustion gap at the same time. Why? Because it is difficult to tell one from the other until after the fact.

Read More...

 
NASDAQ Chart of the Day




BWNG continues to hold firmly at key resistance at 16.20, which has held for a while. Watch this level for the next key break or bounce.

Daily Trading Signals

 
NYSE Chart of the Day



CRK is turning away from major resistance at 34.00, which has held firmly since late last year. Add to it that this stock is beginning to fill an exhaustion gap to the downside and we could a very steep decline ahead.

Daily Trading Signals

 
Daily Market Commentary

Updated Monday, 12/18 for Tuesday's market.


Key DOW Levels for 12/19

P

Above 12,500

DN

Below 12,275


Pop and Drop...

- Dow reverses from early highs, drops back toward opening print. The index closed the day with a rather mild 4 point loss, but continues to wind up within a tight consolidation range that could offer a big move ahead.

- The NASDAQ and S&P each sold off from the day's highs today, but the tech-heavy index really took it to the extreme. Today's major weakness in the NASDAQ could cause the other indexes to follow suit.

Summary

The Dow ended the day off by a hair after reversing sharply from the day's highs. The index continues to build out a consolidation at the highs, but could be on the verge a breakout. Watch this range closely tomorrow.

Read More...

Monday, December 18, 2006

 
Trading Ideas & Picks

Trading Ideas for today and tomorrow...

Swing Plays: ISE MATW PNRA - Quadruple witching drove volume early in the day Friday, but the U.S. equity markets basically scooted (how’s that for a technical analysis term?) only slightly higher on all the increased volume. Only about 120 patterns made the initial screen..

Trading Ideas - Read More

 
Trading Ideas & Picks

Weekly Swing Ideas Report for December 18th - December 22nd, 2006

SwingTracker Scans: Stock Picks - Long and Short Potential Swing Candidates ... SwingTracker Scans: Trading Window, Force Swings (BUD,Anheuser-Busch Cos, NE,Noble Corp, FRE,Federal Home Loan, FNFG,First Niagara Financial Group, MENT,Mentor Graphics), Triangle (DTV,DIRECTV Group, WU,Western Union, TMX,Telefonos de MexLADS, MENT,Mentor Graphics, KBH,KB HOME), Revival, Reversals (ZOLT,Zoltek Co, WLT,Walter Industries, CDR,Cedar Shopping Centers, CRA,Applera Corp-Celera Genomics), and more...

Trading Ideas - Read More

 
Trading Ideas & Picks

The QQQQ Report for December 11th - December 15th

QQQQ: Still Below the Trendline - The bears were able to keep the QQQQ below the trendline, which is still suggesting that the uptrend could be becoming exhausted in the short term. Last week we also noted that the 100-day moving average crossed above the 200-day moving average, which generally signals the beginning of a longer-term uptrend...

Trading Picks - Read More

 
Trading Education Tutorial

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




BECN has gotten a clear break out of a large triangle range, which could send this stock headed lower toward the 16.00 range. Watch 19.00 for additional confirmation.

Daily Trading Signals

 
NYSE Chart of the Day




BDK took a large breakaway gap to the downside after trending steadily higher since August. The gap down was also accompanied by a huge increase in volume, which further indicates that this stock could be headed much, much lower.

Daily Trading Signals

 
Daily Market Commentary

Updated Friday, 12/15 for Monday's market.


Key DOW Levels for 12/18

P

Above 12,500

DN

Below 12,250


Holding...

- Dow hold gains after volatile session. The index continues to hold firmly above major resistance, which is a nice sign of further strength ahead.

- The NASDAQ and S&P each sold off the day's highs, but the tech-heavy index looks to be in a more bearish mode that the other indexes. Watch for ranges to form at highs before another key move is seen.

Summary

The Dow closed the day off the session's highs, but continues to tack on gains to the overall advance that began Tuesday. Look for the index to continue to build out above 12,350, unless this level is clearly violated.

Read More...

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