Capital Essence’s Investment Blog- 錢途集團

This is Capital Essence’s “Swing-Trader Bulletin” for October 18, 2007. Subscriber, please click here to login.

This is Capital Essence’s Market Outlook for October 18, 2007.  Subscriber, please click here to login.

This is Capital Essence’s “Trading the Market” Bulletin for October 18, 2007. Subscriber, please click here to login.

This is Capital Essence’s “Cubes Speculator Bulletin” for October 18, 2007. Subscribers, please click here to login.

Editor’s note: this column was originally published on Capital Essence’s CEM News on October 16, 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10月17日 (週三) 的市場技術分析。

在昨天的前瞻分析中我們說過：“原油正準備考驗90美元大關。”果然，昨天盤中油價一度漲至每桶88美元，最終報收87.61美元，漲幅約1.7%。原油價格的飆升成為導致股市連續第二天走低的眾多原因之一。

儘管大盤整體疲軟，Vanda Pharmaceuticals Inc (VNDA)繼上週大漲20%之後，昨日又漲了7%有餘。

自10月9日在“Swing Trader Bulletin”被列為潛在買進對像之後，VNDA的累計漲幅已超過30%。在VNDA處於當前高位的情況下，我們期望該股能回調至近期的看漲突破點 ——約15美元的位置處以吸引買家。短期支撐位約為17美元。阻力位約為20.50美元。

來看主要股指：

上面是標普500指數的短期日線圖。該指數已經回調至幾個月前一次短期技術回彈出現的位置處。儘管如此，請記住如果該指數沒能在當前位置吸引到買家，1520點附近的重要支撐位將受到考驗。短期阻力位約為1540點。

上面是道指的短期日線圖。和標普500指數相似，該指數也已經回調至20日均線的支撐位附近。值得注意的是，這同時也是長達兩個月的上升趨勢線所處的位置。如果歷史可以借鑒，該指數將很快會展開一次意義重大的回彈。短期阻力位約為14000-14100點。

總結： 週二“股價在移動均線附近找到了支撐的同時出現輕度下滑”的交易狀況表明週三大盤看漲。
(本文作者：Michelle Mai)

注﹕Michelle Mai為Capital Essence(錢途集團)撰寫技術分析﹐並為包括市場趨勢在內的數份金融市場投資通訊的首席市場策略師。如欲每日盤前收到更多最新分析, 敬請訂閱。

Editor’s note: this column was originally published on Capital Essence’s CEM News on October 16, 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 Wednesday October 17, 2007.

As we’ve said in the previous Market Outlook: “oil is well position to test the $90 level” – crude oil topped $88 per barrel at their highs for the day before closing at $87.61, up +1.7%. This was one of the many factors that sent stocks lower for a second day in row.

Despite the overall weakness, shares of Vanda Pharmaceuticals Inc (VNDA) jumped more than +7% today on the heel of last week +20% gains.

VNDA has returned more than +30% since profiled on our Oct. 09 “Swing Trader Bulletin” as a potential buy candidate. Though admittedly extended at current level, we expect the stock to draw buyers on a pullback to support at recent bullish breakout point, around $15. Short-term support is about $17. Resistant is about $20.50.

Let’s take a look at the major indices:

The S&P 500 Index (daily) chart above addresses a short-term time frame. The board market index had pulled back to the area that precedes a short-term technical rebound in the past couple of months. Although bear in mind that a failure to attract buyers at current suggests a test of an important support around the 1520 level. Short-term resistant is about 1540.

The Dow Jones Industrial Average (daily) chart above addresses a short-term time frame. Similar to the S&P 500, the blue-chips had also pulled back to support at the area of the 20-day moving average. It worth notice that this is also where the two-month rising trendline lies. If history is any guidance, then the index should throw in a meaningful rebound sooner rather than later. Short-term resistant is about 14000-14100.

Bottom line: Tuesday trading action: “shallow declines with prices find support around the area of moving average”, indicates a bullish bias for Wednesday trading session.

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.