This Chart Caught My Eye
Swing Trader’s Paradise
If you’re a swing trader, you’re really in luck,
because veteran trader Steven Primo will be giving what I think will be a
swing trader’s paradise–the first TMC (TradingMarkets Colleges) session. First,
let me introduce you to Steve: He’s a 26-year Wall Street veteran, former
exchange Specialist (we won’t hold that against him, though) and fund manager. I
sit right next to him here at TM and I can tell you the guy knows his stuff
inside and out. Steve will be giving a 14-week swing trading course in which
he’ll give you six statistically-backed swing trading systems. These are
all proven successful in simulated trading. Plus, you’ll get to trade along with
Steve. I hope you’ll join Steve for what I think will prove to be a very
educational, interesting and potentially quite lucrative session. And you’ll
get six proven-successful swing trading systems, too.
Click here for all the details.
Here’s A Chart For You
I found this weekly chart of EBAY to be
fairly interesting:
The stock is off 27% from its highs. Look at that
volume bar. It’s always darkest before dawn; this may be one to watch next week,
at least for a short-term bounce. For a few more good-looking charts, see
Kamada’s
Nightly Daytrader’s Report on the home page
January Barometer Shemometer!
With all this talk of the poor
performance so far this year, just keep in mind, in 2003 the Nasdaq fell 8% for
the first 3 weeks but the index shot up 50% that year. Plus, there’s this
interesting little fact that the market has never had a down year in a year
ending in “5.”
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The New, Improved
TradersWire
If you haven’t been in TradersWire for a while,
swing by next week–you’ll be pleasantly surprised. We’ve made a lot of changes,
including precise buy and sell alerts on stocks and E-minis and Mini-sized Dow
contracts, expanded education and trading tips. And as always, there are some
good traders in the chat room. I’m not ashamed to say that I’ve learned a lot
from some of these traders through the years, and I’m willing to bet you could
learn something, too.
We had a good
week trading stocks this past week. So come on by, we’ll
see you in
TradersWire on Monday!
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Big Cap
Earnings Announcements for the Week of January 24
Company |
Symbol |
Date |
| Altera Semiconductor | FLWS | Monday, Jan 24 |
| Americredit | ACF | Monday, Jan 24 |
| Filenet | FILE | Monday, Jan 24 |
| JDA Software | JDAS | Monday, Jan 24 |
| Netfilix | NFLX | Monday, Jan 24 |
| Occidental Petroleum |
OXY | Monday, Jan 24 |
| Silicon Labs | SLAB | Monday, Jan 24 |
| Travelzoo | TZOO | Monday, Jan 24 |
| Adtran | ADTN | Tuesday, Jan 25 |
| AirTran Holdings | AAI | Tuesday, Jan 25 |
| AK Steel | AKS | Tuesday, Jan 25 |
| BellSouth | BLS | Tuesday, Jan 25 |
| CDW Computer Centers |
CDWC | Tuesday, Jan 25 |
| Coach | COH | Tuesday, Jan 25 |
| Electronic Arts | ERTS | Tuesday, Jan 25 |
| Flextronics | FLEX | Tuesday, Jan 25 |
| Imation | IMN | Tuesday, Jan 25 |
| Schering Plough | SGP | Tuesday, Jan 25 |
| Storage Tech | STK | Tuesday, Jan 25 |
| Texas Instruments |
TXN | Tuesday, Jan 25 |
| Unisys | UIS | Tuesday, Jan 25 |
| Black & Decker | BDK | Wednesday, Jan 26 |
| Catalina Marketing |
POS | Wednesday, Jan 26 |
| Chiron | CHIR | Wednesday, Jan 26 |
| ConocoPhillips | COP | Wednesday, Jan 19 |
| E*Trade | ET | Wednesday, Jan 26 |
| Eastman Kodak | EK | Wednesday, Jan 26 |
| General Dynamics | GD | Wednesday, Jan 26 |
| Imclone | IMCL | Wednesday, Jan 26 |
| Norfolk Southern | NSC | Wednesday, Jan 26 |
| Photon Dynamics | PHTN | Wednesday, Jan 26 |
| Rockwell Automation |
ROK | Wednesday, Jan 26 |
| St. Jude Medical | STJ | Wednesday, Jan 26 |
| VeriSign | VRSN | Wednesday, Jan 26 |
| Websense | WBSN | Wednesday, Jan 26 |
| Alberto Culver | ACV | Thursday, Jan 27 |
| Apache | APA | Thursday, Jan 27 |
| Arkansas Best | ABFS | Thursday, Jan 27 |
| Beazer Homes | BZH | Thursday, Jan 27 |
| Broadcom | BRCM | Thursday, Jan 27 |
| Caterpillar | CAT | Thursday, Jan 27 |
| Citrix Systems | CTXS | Thursday, Jan 27 |
| First Data | FDC | Thursday, Jan 27 |
| Franklin Resources |
BEN | Thursday, Jan 27 |
| Gilead Sciences | GILD | Thursday, Jan 27 |
| JetBlue | JBLU | Thursday, Jan 27 |
| Reebok | RBK | Thursday, Jan 27 |
| Robert Half Scenario |
RHI | Thursday, Jan 27 |
| Sepracor | SEPR | Thursday, Jan 27 |
| Varian Semiconductor |
VSEA | Thursday, Jan 27 |
| Alaska Airlines | ALK | Friday, Jan 28 |
| Archer Daniels Midlands |
ADM | Friday, Jan 28 |
| ChevronTexaco | CVX | Friday, Jan 28 |
| Halliburton | HAL | Friday, Jan 28 |
| Maytag | MYG | Friday, Jan 28 |
| McAfee | MFE | Friday, Jan 28 |
| Procter & Gamble | PG | Friday, Jan 28 |
| T. Rowe Price | TROW | Friday, Jan 28 |
| Tribune | TRB | Friday, Jan 28 |
Scheduled Stock Splits for the Week of
January 24
Company |
Symbol |
Ratio |
Payable |
Ex-Date |
| Corn Products | CPO | 2-1 | Jan 25 | Jan 26 |
| Barnwell Industries | BRN | 2-1 | Jan 28 | Jan 31 |
Need more splits information? Click
here.
Upcoming Economic Events for the Week of
January 24
| Date | ET | Release | For | Consensus | Prior |
| Jan 25 | 10:00 am | Existing Home Sales | Dec. | 6.8M | 6.94M |
| Jan 25 | 10:00 am |
Consumer Confidence | Jan. | 101.5 | 102.3 |
| Jan 27 | 8:30 am |
Durable Orders | Dec | 0.6% | 1.4% |
| Jan 27 | 8:30 am |
Initial Jobless Claims | 01/22 | 333K | 319K |
| Jan 27 | 10:00 am |
Help-Wanted INdex | Dec | 36 | 36 |
| Jan 28 | 8:30 am |
GDP (ADV) | Q4 | 3.5% | 4.0% |
| Jan 28 | 8:30 am |
Chain Deflator – Adv | Q4 | 2.2% | 1.4% |
| Jan 28 | 8:30 am |
Employment Cost Index | Q4 | 0.8% | 0.9% |
TradersWire Tour
Every Thursday at 9 AM PT (Noon ET) I give a
20-minute audio/visual presentation on how you can use
TradersWire to help your trading. Join me…Click
here.
Have a great weekend!
Brice
P.S. Stay in touch with the latest happenings at TradingMarkets.com.
Check
What’s New @ TradingMarkets on a regular basis.
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