Pre-earnings Watch For DDD

The option market is pricing in a ±10% or ±$5.25 price move for 3D System earnings report before the market open today. The stock made a big move ahead of earnings. Could it be someone know something ahead ER or someone simply betting big on a positive earnings report outcome?

Stocks On The Move - 7/29/2013

Here are some stocks that could be on the move: AAPL, FB, GOOG, CHK, PFE.

Weekend Posting - 7/28/2013

Here are couple of pharma stocks that could have possible upside in the near term: LLY & PFE

Holding On Impressively

The market continue to close at record level and the DJIA, SP500, Nasdaq 100, Russell 2000 are holding their gains near their record high territory.

Post Earnings Watch For AAPL

AAPL reported its quarterly earnings after the close on 7/23/2013. The surprising result was the strong sale of the iphone. The market was expecting somewhere around 26 million, and AAPL sold 31 million iphone and that gave the stock price a boost during after hour trading.

After New All Time High

After the SP500 closed with new all time high at 1692.09 on July 19, 2013, what’s next?

Betting On MGM

Here is a break down on recent price action from MGM. As one can see from the weekly chart (figure 1), ever since MGM made its low in March, 2009, it has been trading within a trading range of $9.00 to $17.00. The last time it touched the lower bound of this trading range was in November, 2012. Now, the price has climb back near the upper bound of this trading range and could possibly breakout of this range.

Renew Strength

The market closed at another new all time high. The DJT gave a Dow Theory confirmation today by closing at a new all time high along with the DJIA. The only index that shows a slight weakness is the Nasdaq 100, and that is due to some negative stock price reactions from disappointed earnings report.

Earning Watch For GOOG, GS, & More

Some potential price levels to watch for as GOOG, GS, BAC, INTC, CMG scheduled to report their

Market Decided To Move Higher

As the Fed chairman reassure the market it will continue with its easy credit policy, the market took off to new high territory. Although the DJIA and the SP500 closed with a new all time high, but they still have not closed above their all time intraday high. Short of any negative surprises from this earnings report season, the

Who Is In Control Of The U.S. Bond Market

As investors start pulling their money out of bonds, and country like Japan and eventually China start dumping their U.S. treasury holdings, U.S. long term rates will rise.

New High For LNKD?

It appears LNKD, one of the more strong social media stock, appears to be setting up to make a new all

AAPL & NFLX

AAPL might have established a near term double bottom, or it could be forming an inverted cup & handle pattern. Until it has confirmed which price pattern is in play, any swing trades will be elusive.

Key Levels For Gold

Investors are still pondering if this is the time to buy gold. Until there is a thesis to support owning gold as a hedge for inflation or as a safe haven, one need to simply take to the sideline and wait for the price of gold to

Still Deciding

The market is still trying to establish a direction. It is still at a crossroad that it can push toward the upside, or it can easily retreat from current resistance and move back to test recent support level. Until the market has

TSLA And Its FIB

Looking at TSLA with the FIB tool to find some potential price targets and possible resistance & support levels.

On The Move

NOK and gold could be on the move. Here are the charts for NOK & gold futures.

HPQ - A Turnaround Play

HPQ share price has more than double from its November, 2012 low when the price dipped below $12 a share. Looking at the recent price action, it has the potential to move into the $30-$38 in the near term if it