July 23, 2007

The stocks included in this article have either already released earnings or they are scheduled to release earnings this week.  This analysis should be used as a guide to trading these stocks going forward.  We will provide you with 1 free report on any of these stocks.  If you would like more than 1 report you can sign up for a free trial to Stock Traders Daily and you will have access to them all, and to all of the other services that we offer as well.   Click here to sign up for a free trial:  FREE TRIAL

Starbucks (SBUX)  FREE Trading Report for SBUX    The recent news will affect current and future earnings.  Starbucks announced that   It would raise prices by nine cents on average.  This increase will begin to impact current earnings results immediately.  However, is Starbucks really capable of maintaining higher prices?  Sure, the Starbucks that you visit are busy, but there are competitively priced establishments in the local vicinity of almost every Starbucks.  But, the last few times I've been in a Starbucks it's been extremely cold and uncomfortable.  The first thing Starbucks needs to do is to redesign their stores.  I consider this move by Starbucks as a risky one, but risky moves may be needed to get them out of their recent funk.  The company is assuming that their current customers are willing to pay higher prices.  They are assuming that they can retain those customers, and even find new customers over time even though the Starbucks outlets are almost also less comfortable than their nearest competitor.; Starbucks retail out let's are not comfortable environments.  Change those first and then raise prices.

However, with those comments aside, Starbucks looks interesting from a technical perspective.  Starbucks' stock price has been extremely weak for a long time.  The stock, however, is trying to break the longer term down channel resistance line that has been in place.  If that happens, and it has begun to happen already, then Starbucks will be a compelling buy.  Specifically, If Starbucks (SBUX) remains over longer-term support than the stock is almost surely going to trend higher and test longer-term resistance again at some point in the near future.  I have identified longer-term support as longer-term parameter #1 in our real-time trading report for Starbucks.  Resistance is longer term parameter #3.  Make sure that you review these first. If the stock holds above longer-term parameter #1 buy it and expect it to increase to longer-term parameter #3 over time.  However, if it breaks below then expect the stock to remain weak and do not consider it a buy:  FREE Trading Report for SBUX or FREE TRIAL

Netflicks (NFLX) FREE Trading   Report for NFLX.    Earnings results at Netflix have many investors confused.  Shouldn't the stock perform well if earnings are coming in better than expectations?  Answer: Maybe!  But the charts tell us it all at Netflix (NFLX)  The technical indicators tell us that we should avoid the stock if it breaks below longer-term support.  The charts are as clear as that.  However, the stock is at longer-term support right now, and therefore, if it remains above longer-term support than the stock is a buy.  If you are interested in Netflix (NFLX), you should be buying the stock near support and you should place a tight stoploss underneath support just in case support begins to break.  Because you know the cusp, because you know this inflection point, you're able to trade the stock efficiently.  I have identified the inflection point for Netflix as a longer-term parameter #1 in our report.  Please read it first, because it will tell you what to expect from the stock.  It will tell you where to place your trades and how to trade.:  FREE Trading   Report for NFLX  or FREE TRIAL

Wal-Mart (WMT) FREE Trading   Report for WMT.  It feels like you should be buying Wal-Mart (WMT) right?  Not so fast!  The stock is headed to support.  The stock has recently tested longer-term resistance, in fact it has done so perfectly.  Now the stock is in the process of declining back towards longer-term support again.  It bounced perfectly at intra-channel support and now it is likely to resume the declines back to longer-term support again.  I have identified longer-term support his longer-term parameter #1.  The technical charts are clear, the stock is going lower until support is tested, and only then it is likely to turn higher again.  Therefore, if you are interested in buying the stock wait until support is tested.  Review our real time trading report now to identify longer-term parameter #1, we offer it in our technical summary table in the report.  We also offer price targets if support holds.  You will be able to create a complete plan, and you'll be able to tell that the stock has tested both resistant and entered channel support, and thus far is turning perfectly towards longer-term support again.  This data is available to you now.:  FREE Trading   Report for WMT  or FREE TRIAL

Texas Instruments (TXN) FREE Trading   Report for TXN  Texas instruments is breaking records, but the question is can the stock break resistance too?  Texas Instruments has just tested longer-term resistance.  In fact, literally perfectly.  The stock has since turned down a little.  It has not yet confirmed that longer-term resistance has held though; we never know this until after the fact, of course, but according to our analysis longer-term resistance was just tested.  We have identified longer-term resistance as longer-term parameter #3 in our real-time trading report for Texas instruments.  Make sure that you review this first when you review our report.  If this resistance level holds the stock will likely turn down until such time as it tests longer-term support again.  Support has been identified as longer-term parameter #1.  If resistance holds TXN looks like a good short as a result with a downside target of longer term support.  On the other hand, if longer-term parameter #3 breaks higher instead expect the stock to surge.  Recent patterns suggest that that won't happen, but you need to know, if longer-term resistance breaks higher a bullish pattern will develop immediately.  My observation is that the stock looks like a good short just under longer-term resistance, then set a stop loss at just above resistance in case it begins to break higher (this is inflection of course):  FREE Trading   Report for TXN  or FREE TRIAL