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The Nightly Newsletter

 

On The Move: GOOG, FNSR, JBLU, K

General news events, analyst upgrades or downgrades, and internal corporate developments have already begun to affect the companies represented i this article.  As a result of these events, Traders should re-visit the trading signals offered by each stock.

Trading Recommendations, Performance (accuracy)
Year Day Trading Swing Trading
2000 +250.7% (combined)
2001 +152.6% (combined)
2002 +52.75% 100.57%
2003 48.5% (annualized) 99.5% (annualized)
2004 75% Accurate
2005 75% Accurate

Below, the news for each stock is summarized, and more detailed trading analysis is made available:

Google (GOOG) Report Piper Jaffrey has raised its target for GOOG to $600.  This is an aggressive price target, but it reflects the probability for growth in the general Market, and it assumes market share growth within that Market by GOOG as well.  Traders should never chase stocks on news though, especially analyst upgrades.  There are obvious entry points for GOOG which should be followed by every type of Trader.  Whether you are a Day Trader, Swing Trader, or Long Term Investor, we have determined proper entry levels for you.  One of these happens to be an established mid term level of support.  With these entry levels, we have also made trading plans available for all interested persons as well.  You should use our analysis to help you trade GOOG.  Access our reports by signing up for a FREE TRIAL, or by clicking here to obtain the GOOG report in PDF format:  Trading Report for GOOG.

Finisar (FNSR) Report The Chairman of FNSR is relinquishing his role as Chairman and selling 8.5 million shares of stock.  Traders will not likely be happy.  He will remain on the Board, and 8.5 million shares is only 33% of his holdings.  However, given the 100% gain in the stock since September, Traders are likely to balk at this announcement.  Is the stock price likely to decline again?  This may be a sell-signal.  We have created detailed trading plans for FNSR to help you understand how to react to this news.  Access our trading report now by signing up for a FREE TRIAL, or by clicking here to obtain the FNSR report in PDF format:  Trading Report for FNSR

Jet Blue (JBLU) Report  was downgraded by Merrill Lynch (MER) this morning.  The downgraded was to Neutral from Buy.  This likely reflects the surge in the stock during the month of December.  Indeed this may be a red flag.  The stock is getting closer to a level of longer term resistance.  Traders should consider taking profits when this level of longer term resistance is tested, and short sellers should consider the stock again at that level as well.  We have pinpointed this resistance level for you, and we have provided trading plans which tell you how to trade JBLU from here.  Access our reports by either signing up for a FREE TRIAL, or by clicking here to obtain the JBLU report in PDF format:  Trading Report for JBLU.

Kellogg (K) Report  was featured in Barron's as being a stock which is being overlooked by many Traders.  If that's the case, Traders need to re-evaluate the technical indicators of the stock.  We have done exactly this for you.  If you believe that Barron's is correct, please take the time to review this report.  It will tell you, based on obvious entry levels, how to trade K going forward.  We have made trading plans immediately  available.  They will tell you when and how to trade K.  Access our reports by signing up for a FREE TRIAL, or by clicking here to obtain the K report in PDF format:  Trading Report for K.

 

 

 

 
 

 

 

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