Capital Essence’s Investment Blog- 錢途集團

[Capital Essence NewsDesk] As predicted – “there is there is a lot going on in this market… we would remain skeptical [read: bearish]” –see September 6 Market Outlook and “the blue-chips index continues to drag sideway beneath resistant… The action is totally bearish” – see September 7 Market Outlook; the Dow Jones Industrial Average lost 256 points or -1.87% Friday.

As discussed, the “Swing Trader Bulletin” had locked all of the amazing profits on all of the long position Thursday – a day before the market got hit, and simultaneously went short. The newly short setups Allegheny Technologies (ATI) and Genl Maritime (GMR) are doing incredibly well. You see, aside from good timing, picking the right direction is the key to financial freedom.

Editor’s Note: below are just some trading ideas flow from our latest Headlines.

“Cubes Speculator Bulletin” September 6, 2007

• Prices are likely to move with a negative bias from here into the weekend

“Cubes Speculator Bulletin” September 7, 2007

• As discussed, we’ve sold a slew of the QQQQ downside put options into the morning crimson for a nice profit.
• Breadth remains largely negative, 1:4 negative on both of the NAZ and big board.
• More likely than not, the tape is going to close this way.

Below are a couple of many successful trades that our member had enjoyed this week:

• Cisco Systems Inc (CSCO) as discussed, we’ve took some money off the table today for a profit of +5.58%.
• QQQQ October 48 Call Option (QQQJV): as discussed, we’ve rolled out of the Call Option as the QQQQ tested the $50 level for a whopping +80% profit.
• Dresser-Rand Group Inc (DRC) as discussed, we’ve sold the position into the morning bounce at $38.80. Total profit: +3.47%.
• Concur Technologies Inc (CNQR) as discussed, we’ve sold the position into the morning bounce at $28. Total profit: +7.69%.
• QQQQ October 49.00 Put Option (QQQVW) as discussed, we’ve sold a slew of the downside put options into the morning low for a nice profit of +30%.

Successful trading is all about the quack count. If the ducks align, we’ll give you a ping in advance so that you’ll have sufficient time to “hit ‘em hard”. When they don’t, we’ll also chime in so that you can take a day off and go play golf. It’s so easy, even a 10 years old kid can do it.

Note: if you like the excitement of TRIPLE DIGITS wins with a really FAST turnaround; you should really check this out.

Want more investing ideas? Check out Capital Essence’s Newsletter Services - “best-of-web” technical analysis.

Note: this is a small sample of the content available on the “Cubes Speculator Bulletin“. To receive the details set up, please subscribe. It’s now available at a monthly rate.

As discussed, we’ve sold a slew of the QQQQ downside put options into the morning crimson for a nice profit.

Breadth remains largely negative, 1:4 negative on both of the NAZ and big board.

More likely than not, the tape is going to close this way.

Trade well. We’ll be right back with another details setup.

 

Editor’s note: this column was originally published on Capital Essence’s CEM News on September 6, 2007. It’s being republished as a bonus for the loyal readers. For more information about subscribing to CEM News, please click here.

這是Capital Essence對2007年9月7日 (週五) 的市場技術分析。

股市最近發生了很多事， 但好像所有事情都相互抵沖了，至少對週四來說是這樣。比如說，來自沃爾瑪、Target、Saks等零售商的利好消息並未使股市產生預期的反彈。而來自 Venezuela 和lethargic等金融股的利空消息也並沒有造成大盤的走低。我想，股市自己也和我們所有人一樣對此迷惑不解。整體而言，昨天股市是平淡無奇的一天。

Gold bug (HUI)是週四股市唯一的亮點 。因有傳言稱“中國正在用其外匯儲備買進黃金”，昨天HUI漲幅超過6%。

股市將這一傳言(你也可以稱其為消息)看作是極其看漲的信號。值得注意的是，Gold bug正著手挑戰長達兩年的盤整區間的上邊界關鍵阻力位——約370美元。當前我們無法知道此次考驗能否成功。儘管如此，請記住如果該指數持續突破這一阻 力水平，2006年高點——約387美元被考驗的可能性將增大。

來看主要股指：

上面是標普500指數的短期日線圖。圖中該指數幾乎沒有變化。儘管如此，我們說過，只要該指數仍在1500點下方位置運行，看跌的立場就仍將保持不變。1430點-1370點區間為該指數的一層支撐位。目前，短期阻力位約為1500點。

上面是道指的短期日線圖。和更新之前相比，該指數日線圖沒有太多變化。該指數繼續在50日均線阻力位的下方緩慢盤整。我們說過，在多頭成功將該指數推至8月8日高點的關鍵阻力位的上方之前，看漲的立場不會出現。短期支撐位為200日均線——約12900點。13500 -13700點區間為該指數的一層阻力位。

總結：僅從圖表分析，至少對週五來說，交易區間仍是主要看點。因此，除非極端的利好或利空消息出現，預計大盤將緩慢盤整，看跌立場保持至週末不變。

(本文作者：Michelle Mai)

Note: Michelle Mai writes technical analysis for Capital Essence and is the editor of Capital Essence’s “Market Outlook” newsletter. To receive the daily edition, please subscribe. It’s now available at a monthly rate.

Editor’s note: this column was originally published on Capital Essence’s CEM News on September 6, 2007. It’s being republished as a bonus for the loyal readers. For more information about subscribing to CEM News, please click here.

Good Morning. This is Capital Essence’s “Market Outlook” (the technical analysis of financial markets) for Friday September 07, 2007.

As discussed, there were a lot of “stuffs” going on in this market though they’ve all seemed to be crossed look, at least for today. For instant, the bullish retail news from names like Wal-Mart, Target, Saks…etc didn’t spark the expected rally. And so the bearish news from Venezuela and the lethargic financial stocks had also failed to push the tape down. I guess, like the rest of us, Mr. Market is also …confused! Overall, it was a “nothing-to-write-home” day.

Gold bug (HUI) was the only shiny spot Thursday, jumped more than 6% for the day amid a rumor that “China is buying gold with its reserves.”

The market interpreted the rumor [or news or whatever you call it] as extremely bullish. It worth notice that gold bugs is now set to challenge the key resistant at the upper border of the two years old coil, about $370. At this moment it’s impossible to know whether the gold bugs can successfully take out this level or not. Although, bear in mind that a sustain advance to above this level will increase the probability for a test of the ’06 high about $387.

Let’s take a look at the major index charts:

The Standard & Poors 500 Index (daily) chart above addresses a short-term time frame. The index traced out a nothing bar on the daily chart. Although, as mentioned, the bearish bias remains intact as long as the index trades below the 1500 level. The index has a layer of support that runs from 1430 to 1370. Short-term resistant is about 1500.

The Dow Jones Industrials Average (daily) chart above addresses a short-term time frame. Not much had been changed since last update. The blue-chips index continues to drag sideway beneath resistant at the 50-day moving average. The action is totally bearish. As mentioned, the bullish bias won’t kick in until the bulls manage to push prices to above key resistant at August 8’s high. Short-term support is at the 200-day moving average, about 12900. The index has a layer of resistant that runs from 13500 to 13700.

Bottom line: as far as the charts concern, trading range is the name of the game, at least for Friday. With that said, until or unless there is a headline that everyone recognizes as extreme bullish or bearish, expect the tape to drag sideway from here into the weekend.

Until next time, good luck.

(By: Michelle Mai for Capital Essence)

Note: Michelle Mai writes technical analysis for Capital Essence and is the editor of Capital Essence’s “Market Outlook” newsletter. To receive the daily edition, please subscribe. It’s now available at a monthly rate.