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DJIMSTOCKS- since 2006 - Toronto, Canada/ London UK  

· Daily stock market color and insight before every U.S market-open, 'INTO THE TRADING DAY', 5X a week before 8:30 am/est. Follow our extensive trading desk experience and lead in recognizing daily event upside/ downside risks ahead of each trading day.

· DJIMstocks bridges the gap between the retail-investor / trader and the institutional players by filtering out the noise, abundance of information (good or bad) generated through the media/ Internet.

· Our daily Journals encompass our trading methodology allowing you to interconnect with us by ‘Shadowing’ our trading platform watchlist. A 'Shadow'list of 50-75 stocks is tailored and fragmented ; (outperforming SECTORS, MID-SMALL CAPS, EARNINGS/ GROWTH (EPS) linked stocks, IBD 50, MOMENTUM STOCKS) to gauge single stock action and the broad underlying market for SP 500 direction to go long or short. New plays (stock/sector) are added, especially during earnings season through Journal updates.

· A simple to follow package allowing any investor class to save time and enhance returns!.

 

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Entries in V (1)

Wednesday
Aug042010

..some resiliency signs..

The market got an early bid and was up nearly 1%…oh wait, that was the bond market from the QE noise!.   The equity market was the one down nearly 1% before staging a decent reversal from the ~1118 levels and afterwards flat lining for the remainder of the day.   This was the expectation to consolidate and the hope not get a retest of 1131, just yet.    The view is it’s better the market didn’t even try to follow through from the previous days big gains and possibly succumb to selling if it tried to push 1131 too quickly.    Maybe this way, the market can generate some mustard by spending time bouncing around a tight range to show levels like ~1118, even 200ma~1114 will provide the necessary support to uplift the market in the near term.   In other words,  give some confidence to those on the fence at this point.

A key takeaway(s) from today could be the resiliency in the market showing up.  Despite a handful of negative reports from household names like DOW PG down 4-10% and not so hot macro data, the market held up quite nicely.   Also, the terrible underperformance of the consumer discretionaries didn't spook the market.   MA, didn't have the most pleasant things to say on spending.

Away from the broad market picture, we had numerous previous small caps put out nice reports to trade into the Q, a few like CTSH ’s amazing sequential growth and PCLN  had robust numbers.   Even, STEC  shows sign of a turnaround for the short term.   Other notables include RBC OPLK HLF VSH  to stick on the shadow list for the Q to go with the VMW EXPD ILMN CRUS CLW RVBD  earnings plays from July.   The more the merrier….