06/27/12 Event: Durable Goods Orders

Back| Print 

Premium Member Page

As of 06/26/2012 after market close.

Remember: The market has a mind of its own –
watch the daily market trend.

Dow Jones Industrial Average Historical Trends:

Legend:
Arrow-up-green Clip Art
Warning Clip Art
Arrow-down-red Clip Art
Positive
Caution
Negative

 

Arrow-down-red Clip Art
Arrow-up-green Clip Art
Arrow-up-green Clip Art
Arrow-down-red Clip Art
Warning Clip Art
Warning Clip Art
WK 06/25
WK 07/02
WK 07/09
WK 07/16
WK 07/23
WK 07/30

 

Historical trend for the week:
Arrow-down-red Clip Art
Arrow-down-red Clip Art
Arrow-down-red Clip Art
Arrow-up-green Clip Art
Warning Clip Art
Monday
Tuesday
Wednesday
Thursday
Friday

Basic trading guidelines to help in your research:

Basic buying times: After buyers hype from 9:30 to 10:30 am EST (avoid Bull Trap).  Some times it is best to pause (take a deep breath) before placing a buy order to avoid getting hurt by a spike up then sharp downturn.  After a morning sell off the stocks generally bounce up between 11:00 and 12:30 am EST. In the morning asap if the overseas markets are trending up on good news. Make a note of sector news – bad news can drag every stock in the sector down creating buying opportunities. Watch for up trends and volume spikes in the afternoon – up trends will generally carry thru to the morning of the next day.  Prior to earnings release on a bullish earning whisper  or day before earnings release look at pivot to help your decision.

Basic selling times: Between market open and 9:45 am EST on buyers hype. As soon as the markets open when there is bad news in the overseas markets and those indexes move down. Make a note of sector news – good news in a sector is a great time to sell a stock that rose on sector news. Watch for for drops in the market prior to close on an up trend day after 2:00 pm EST. Watch for down trends and volume spikes in the afternoon. Down trends will generally carry thru to the morning of the next day.  Day of earnings beat results sell on am spike.

Warning: Inexperienced traders will be less likely to lose on a trade due to volatility if they avois trading in the morning or the afternoon. The middle of the day around 12:00 to 1:00 pm EST is the most stable time for prices. Check the risk rating of your stock. Be careful of volatile multiple price dips and rises – don’t wait to get caught by the big drop.

Week End Market comment:

The US equities are under pressure from a continued weak jobs market and EU and US debt issues. The continued financial instability has dealt a blow to hopes of major future growth. These issues continue to cause volatility in the markets. The week was volatile ending the week mixed with overall Euro bank and debt concerns also US mixed economic news. The markets will be watching for results of Euro summit and US consumer spending report.

Summary of last week:

Stocks ended mixed on Euro and US concerns. The Dow closed  down -126 points -1.0%  for the week closing at 12,641. The Nasdaq closed up +20 points +0.7% at 2,873. The S&P 500 closed down -8 points -0.6%  at 1,343. Week trade results up +2.1%.

MON MON TUES WED THUR FRI
OPEN CLOSE    % CLOSE    % CLOSE    % CLOSE    % CLOSE    %
ITW 54.25 54.43  0.3% 55.42 2.2% 54.93 1.3% 53.19 -2.0% 53.67 -1.1%
HOT 50.81 51.22  0.8% 52.89 4.1% 53.42 5.1% 51.79   1.9% 52.33  3.0%
COH 61.04 60.72 -0.5% 61.82 1.3% 61.70 1.1% 59.85 -1.9% 59.79 -2.0%
HP 43.92 44.66  1.7% 46.19 5.2% 45.60 3.8% 42.29 -3.7% 41.83 -4.8%
QCOM 56.12 56.77  1.2% 57.02 1.6% 57.00 1.6% 55.13 -1.8% 55.64 -0.9%

 

Historical hedge / leveraged ETF candidates:

With individual trends – historically the following candidate hedge / leveraged ETFs will rise in value. *See advisory statement below regarding ETF’s. If Dollar value up: UUP. If Euro value up: FXE. If international inflation up: WIP. If US inflation up: TIP. If stock market up: UWM / TNA /SSO / UYG / BGU. If Dollar value down: UDN. If Euro value down: EUO. If stock market down: TZA / BGZ / TWM / FAZ / SKF. Clicking on symbols will take you to current Yahoo quote. Be careful of sudden movement in leveraged ETFs.  Watch all day for volatility and spikes up followed by drops in price. Also watch to take advantage of market reversals. Trading Worksheet.

Researched candidates for the week of 06/25/2012

These are researched candidates worthy of further research – not a buy list. The more you know about your stocks, the better your results. Last price (close price) and pivot points are updated prior to open. Decide when stock reverses if you want stops within your tolerance ie -1.0% to 1.5%. Clicking on symbols will take you to the current Yahoo quote. Trading Worksheet.

BRK OUT CHG AS HIT BRK
LAST RATING OVERALL        EARN EARNING LONG RESIST      % RESIST      % SUPPORT     %     % OF MON LONG
SYM PRICE 10=BEST SENTIMENT        DATE SENTIMENT PIVOT PIVOT 2 GAIN PIVOT 3 GAIN PIVOT 1 LOSS PIVOT LOSS OPEN PR PIVOT
ITW 51.89       7 BULLISH 07/24 BMO NEUTRAL 52.46 52.95 0.9% 53.46 1.9% 51.38 -2.1% 51.91 -1.0%   -3.3%    NO
APOL 35.81       9 BULLISH 06/25 AMC NEUTRAL 36.73 37.19 1.3% 38.18 3.9% 34.82 -5.2% 35.51 -3.3%     6.7%    YES
DOV 51.86       8 NEUTRAL 07/20 BMO NEUTRAL 52.48 52.95 0.9% 53.52 2.0% 51.28 -2.3% 51.83 -1.2%    -3.2%    NO
EQR 59.52       8 BULLISH 07/25 AMC NEUTRAL 59.87 60.13 0.4% 60.46 1.0% 59.18 -1.2% 59.49 -0.6%     0.3%    NO
SHLD 55.28       2 BULLISH 08/16 BMO BULLISH 57.40 58.28 1.5% 60.63 5.6% 52.93 -7.8% 54.43 -5.2%    4.0%    YES


Sources: We use various web sites for our research, including but not restricted to Earning Whispers, Motley Fool, Pivot High Calculator, Daily Finance, Yahoo Finance, Finance Portal, Quote Media, Stock Scouter, Bloomberg, Nasdaq.com, Zacks, Best Charts, Automation Information, Dojispace, Tradingday, Stockta, Ask Stock Guru, Briefing Investor, Live Charts, Earnings.com and Financial Visualizations.                                             CLICK BUTTON BELOW TO GO TO ALERT BOX AND GET “STOCKS / ETFs TO WATCH” AND STATUS


Data and research is provided for informational purposes only, and is not intended for trading purposes. Neither Swing Trading Hub, its officers nor employees shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. By accessing the Swingtradinghub.com web site. a user accepts Terms of Use” Agreement” and agrees not to redistribute the information found therein. Consult a certified financial professional to assist you in making a trade.

Data and research is for information only, and is not intended for trading purposes.

*Leveraged ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leveraged risk, consequences of seeking daily leveraged investment results and intend to actively monitor and manage their investments. Leveraged ETFs are not designed to track the underlyingindex over a longer period of time.

 

Please note:

Our subscription service has been suspended until further notice.

All contents of the Swing Trading Hub web site are provided for the information and education purposes only and not intended for trading purposes. By accessing the Swingtradinghub.com web site, a user accepts ‘Terms of Use Agreement‘.