SubscribeStocks Screen: 50 Day Moving Average Bounce Candidates
July 19, 2011
We looked to find some potential bounce candidates that are nearing their 50 Day Moving Average. Below are a list of the tickers, description and the criteria for screening:
All United States Exchanges
Average Daily Volume > 700,000 Read more
What Is Driving Markets, Oil Outlook and Housing Starts
July 19, 2011
A few of the headlines today from IBD. Nothing to get too excited about…
Goldman Sachs says the economy grew at a 1.5% annual rate in Q2, down from its previous forecast of 2%, due to disappointing consumer spending data. It also slashed its Q3 growth forecast to a 2.5% annual rate from 3.25%. The economy grew at a 1.9% rate in Q1. The gov’t releases Q2 GDP figures July 29.
Ratings agency Moody’s hinted that the U.S. should scrap its statutory limit on gov’t borrowing to ease concerns about the govt’s ability to meet its obligations. The U.S. is among the few countries that has a Congress-imposed debt ceiling. Moody’s has said it may cut the U.S.’s AAA credit rating if the gov’t misses payments.
BuildFax’s residential remodeling index rose 13% in May as homeowners sought Read more
European Markets – A Change of Complexion (Charting Performance)
July 18, 2011
All of a sudden there is some fear back in the markets. Over the past year, there has been a great deal of spin put on the European crisis. Now investors are waking up to the fact that there really is a crisis developing.
Even as the stress tests once again provided some comfort, less than 10 out of the 91 banks failed and that is difficult to believe… Unless…
Sure enough there are many that are commenting Read more
Dear Mr. Trichet: Your Promises Are Hollow (At Best)
July 18, 2011
How many times is Mr. Trichet going to provide a snippet of information with no backup, no plan and no details? If his job is Rhetoric in Chief, then he is doing a superb job. Perhaps the #2 Spinmeister in the world (Geithner wins the #1 spot), his ability to move markets is amazing.
Now he is back with more mindless commentary – this time he is citing the will and determination of the region as the basis for overcoming their financial crisis. What’s next? Prayers, animal sacrifices or fortune Read more
TDI Podcast 221: Eyes Wide Open, Looking Ahead to Get Ahead
July 17, 2011
In this episode, the next round of economics and earnings are covered in detail. As markets have become reactive to every headline, there may be opportunities to capitalize on a few investment ideas. Earnings season is kicking off with over 30% of the S&P 500 stocks reporting this week. The 
debt ceiling debate will be coming to a head and Europe is on the verge of collapse. Defense and offense are combined in this episode. Read more
Podcast: Play in new window | Download (Duration: 1:02:57 — 35.4MB)
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