Technical Analysis

Technicians should not be surprised with the recent downward price ejection out of the August consolidation pattern, known as a ‘rising wedge.’  Not only did the pattern follow classic definitions and expectations, we were treated with a prior example of the pattern just a few short months ago.  Let’s look at the Dow Jones index and step inside this pattern for a better educational foundation.
Dow Jones Daily Chart:…
Original Source: blog.afraidtotrade.com

This was sent out late last night to TIMalert subscribers and posted on the TIMalerts.com subscribers-only website:
Some decent, if not great, plays for today…gonna be tough for me, only gonna be around in the morn, then we’ve got LiveStock from 1-2PM EST (tune in HERE and ask me questions live!)
COIN/COINW I finally shorted perfectly at $6.20…as I alerted T…
Original Source: http://feeds.feedburner.com/TimothySykes-StockTraderAuthorEntrepreneur

In the Cheapo Shot category:Looks like there was a buyer of the Mar 22.5c to open…swept all the exchanges…4k trade on the day vs open interest of 104CBS is $16.30 and not that volatile, so pretty far away right now. And these pups only cost 25 cents….
Original Source: adamsoptions.blogspot.com

time savedtime saved

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Original Source: http://feeds.feedburner.com/Maoxian

The Mad About Options crew reviews Jim Cramer’s recent bullish comments about Emerson Electric Co. and offers options strategies for traders and investors. Also hear options ideas for Sandisk and The St. Joe Company.

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Original Source: feeds.thestreet.com

Atticus shrugs off liquidation rumors. Giant hedge fund Atticus Capital, with $14B under management, denies rampant speculation it may have to sell its positions and close down. Its two main funds have lost 25% and 32% this year, and investors are jittery after this week’s news that Ospraie Management is closing its largest fund after substantial losses. The rumors helped fuel Thursday’s heavy market losses, as other hedge funds sold positions in stocks that Atticus may be forced to liquidate if it closes its fund, including Union Pacific (UNP), down 6%, and MasterCard (MA), down 5.9%. Founder Tim Barakett said “we’ve heard these rumors as well and they’re not true… In fact we have a large net cash position and are looking for opportunities to invest capital.”…
Original Source: alphatrends.blogspot.com

I’m going to postpone my first “Introduction to Trading” post to offer a bit of perspective on the current market weakness. The indicator reviews of late have indicated a stalling out of the market bounce since mid-July, with negative dollar flows into stocks and more evidence of s…
Original Source: traderfeed.blogspot.com

St. Jude Medical was initiated with a buy at Caris & Co. with a Buy rating and a price target of $55 per share….
Original Source: http://feeds.feedburner.com/TheKnightTrader

Sandisk is trading up in pre-market on takeover speculation….
Original Source: http://feeds.feedburner.com/TheKnightTrader

So we noted an interesting trade yesterday; a customer buys the MS April 45 straddle vs. shorting the GS April 170 straddle, 4:1 for a modest debit.Why, you ask?Beats me. There’s no real volatility arb here. Goldman’s up top, Morgan is down below, and you can see options move pretty similarly. MS trades modestly higher in volatility terms at almost all times. He’s paying a high 40’s volatility now for MS, vs. selling a low 40’s volatility in GS, so looks like that fact is already priced in….
Original Source: adamsoptions.blogspot.com

Arriving at one goal is the starting point to another.~John Dewey…
Original Source: alphatrends.blogspot.com

Intrade participants are looking at 60:40 split in favour of a Dow close above 11,000. The spread is not friendly with an ask of 67 and a sell at 55, but the way the current market is heading I wouldn’t be surprised to see this hit 40:60 sometime in late October. The usual end-of-year rally will probably see the Dow safely over 11,000 by end of year but it will fun to watch this e…
Original Source: http://feeds.feedburner.com/FallondTradeHistory

Well that was a bit of a turkey. Bears have really set the tone for the next few days and bulls will have to get their finger out if they are to halt this slide. Bullish Percents took a universal dive across the board.…
Original Source: http://feeds.feedburner.com/FallondTradeHistory

Hello Folks!!! We’re just a few days of the end of summer and ready to enter into a new season. Autumn is one of my favourites seasons for business, because is when business start gaining some momentum again after a summer break, and in general lot of products comes to the market at this time. As you know technology is constantly changing the way we live and work, due to this fact, from times to times I like to share with you some companies that are making some buzz out there with its own products. Today is the time of Intermec. This company develops, manufactures and integrates the most sophisticated tools for the fully coordinated supply chain. Their core technologies include RFID (radio frequency identification), mobile computing and data collection systems, bar code printers and label media. Intermec products and services are used by the leading companies of diverse industries worldwide to improve the productivity, quality and responsiveness of their business operations. Intermec is famous for their r…
Original Source: ac-investor.blogspot.com

U.S. Stocks Slump, Posting Longest Losing Streak Since January

“Stock-index futures started falling after the Labor Department said at 8:30 a.m. New York time that the number of Americans collecting unemployment benefits reached a five-year high. The selling accelerated as oil declined an hour and a half later. [ed. Note to Bloomberg robot: this sentence can be used when the market goes up by changing the word ’selling’ to ‘buying.’]…
Original Source: http://feeds.feedburner.com/Maoxian

Today’s 3% index rout reaffirmed the predominant and primary downtrend on the major US Equity Indexes, and also confirmed the breakdown of consolidation from a bearish rising wedge as the dominant technical pattern.  Let’s look at the S&P 500 weekly chart to see the structure.
S&P 500 Weekly:
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Original Source: blog.afraidtotrade.com

Here we see the Cumulative NYSE TICK from July 1st through Thursday. Recall that the NYSE TICK measures the number of NYSE stocks trading on upticks minus those trading on downticks. This gives us a relative sense for buying vs. selling pressure across the broad range of stocks. The Cumulative TICK adds the one-minute values for the NYSE TICK to a running total, like an advance-decline line. When the Cumulative TICK line is rising, it means that we’re seeing more stocks trading on upticks than on downticks: net buying sentiment. When the line is falling, we’re seeing more stocks trading on downticks than upticks, which indicates net selling sentiment….
Original Source: traderfeed.blogspot.com

There’s a Bull Market Somewhere? (Billionaire Gross)
Fallows on Palin
"Her speech was surprisingly negative and mocking. You can see why Rush Limbaugh has been such a fan of hers: if these words were delivered by someone older, less attractive, and male, they could have come straight from a Limbaugh radio monologue."
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Original Source: http://feeds.feedburner.com/Maoxian

Wanna some stock picks?? SIGN UP FOR A FREE 14 DAY TRIAL!!
???? has made an awesome move today breaking out of a beautiful ascending triangle patterns with volume backed confirmation. I went long here at 4.20 today as its quite possible we should see a short term move near $5/share where i want to take [...]…
Original Source: http://feeds.feedburner.com/Thetechnicaltradernet

Every year BusinessWeek apparently puts out a list of the Top 50 Best Places To Launch A Career. Here are the top 20 for 2008:

Ernst & Young - Accounting
Deloitte - Accounting
PricewaterhouseCoopers - Accounting
Goldman Sachs - Investment Banking
KPMG - Accounting
Marriott International - Hospitality
Google - Internet
Lockheed Martin - Manufacturing
IBM - Technology
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Original Source: http://feeds.feedburner.com/Maoxian