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February 26, 2008
Long Term Market Analysis:
The Investment Rate is the most accurate leading
longer-term economic and stock market indicator
available; it told us in advance that 2007 would be a major
transition year and that the market would be ending an
uptrend that began in 1981. Further, according to
the Investment Rate, the Market has already began a
downtrend that will eventually be comparable to the
Great Depression and the stagflation period of the
1970s. Anyone interested in more information about
the Investment Rate should visit
http://www.stocktradersdaily.com/Main/services/investment%20rate.html
Strategic Plan for 2008:
With the findings of the Investment Rate in tow, Stock
Traders Daily developed a strategic trading strategy
in August of 2007. The goal of that strategy is to
offer an alternative to longer term, buy and hold
investments. Since August the
strategic plan has annualized about 100%. The
objective of the plan is to offer buy signals and short
signals when reversal triggers occur. On February
11, Stock Traders Daily identified another reversal
trigger, and the next leg of the strategic plan for 2008
began. The strategic plan helps to keep you ahead of the
curve at all times, it helps you go with the flow of the market, and
it helps you maximize your returns. If you would
like to review it you can visit
www.stocktradersdaily.com.
Automated Trading:
Our ATAP program was designed so people who want to
engage the risk controls of active trading strategies,
but who also have personal obligations which restrict
their ability to watch the Market, can still do so.
Take advantage of these risk controls while you work,
play golf, or trade other stocks. ATAP works as
your eyes, ears, and your hands so you are free to do
other things. Click here t learn more:
http://www.stocktradersdaily.com/Main/services/atap.html
The stocks in today's report:
International Business Machines (IBM)
The positive news from IBM on Tuesday gave the
market a huge vote of confidence. Traders and
investors began to think, if IBM can do it maybe other
large gap multinationals can too? The debate can
loom for quite a while, but the simple fact of the
matter is, IBM is doing something right and the stock's
price reflects that. The next question surrounds
the notion of timing. Specifically, is
it too late to buy IBM? According to
the analysis in our real-time trading report, IBM is
currently in the process of increasing towards
longer-term resistance. This trend analysis can be
looked at in two different ways First, this
analysis suggests that additional upside remains in IBM,
and that's positive. However, this same analysis
tells us that that upside is limited, and that puts a
damper on this recent bullish move. If you are
interested in trading IBM on the heels of this news you
should recognize where resistance exists. At the
same time, if you are holding IBM from tests of support
you should also recognize where your sell signals exist.
Both of these decision points will be triggered when IBM
tests longer-term resistance. We have identified
longer-term resistance has longer-term parameter #3 in
our real-time trading report. When you review the
report make sure to review this parameter first because
it will tell you where to expect IBM to stall.
Then, when you review the report, also review our
strategic plan so that you know when to shift sides, and
continue to go with the flow of the Market. Click
here:
IBM Report
Google (GOOG) GOOG has hit
a wall, but we're not talking about the stock price;
that's done a lot worse. Their business model
that's hit a wall. I warned investors about this
at the end of 2007. Google would begin to show
weakness given the weakness in the economy, I said.
I believed that ad spending would decline and Google's
share price would follow suit. The initial timing
of this call was not perfect, but the fruit of that
labor is beginning to show its face; the current price
is far below the entry price for our original and
additional shorts. But
now it's time for a more current analysis.
Google has not only fallen substantially from the highs
in 2007, but the stock has also broken below longer-term
support levels, and that's a big red flag. On a
longer-term basis Google is an outright short, and it
has been offering short signals since it broke below
longer-term parameter #1 has offered in our real-time
trading report. Unless Google manages to reverse
back above this converted level of resistance the stock
is likely to continue to be weak and offer bearish
signals. With that understood, we all know that
Google is an excellent trading vehicle. Therefore,
embedded in our report are strategic trading plans based
on shorter-term support and resistance levels.
These plans tell you how to make money trading GOOG from
here. When you review our report make sure you
identify where that converted level of longer-term
resistance exists so you understand why the stock is
offering bearish signals, and then review the strategic
trading plans because they can help you make money from
the volatility too:
GOOG Report
Good Trading
Stock Traders Daily
http://www.stocktradersdaily.com
1.866.213.2067
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