|
The contents on this page are a small sample of StockTradersHQ's member resources (FREE Trial!)
1.
Our staff of professional technical traders analyze 1,000's of potential stocks every day to provide you with a list of stock picks with the greatest potential for explosive gains.
2. These stockpicks are traded with our real-time portfolio. Email alerts are sent for every entry and exit. Through the member-only website, you will have our support every step of the way.
3. Our subscription service provides all the resources, stock picks and tools an investor needs to make very profitable, consistent trades while maximizing gains and minimizing losses.
SEE OUR TOP PICKS FOR 2006...
|
|
Wednesday, August 03, 2005
Market Recap
The same pattern that we have been talking about for a few weeks now continued today with selling in the morning and stocks making a comeback in the afternoon. The DOW had been down earlier in the day by almost 50 points but closed up 13 points and at the high of the day, well above where it opened, causing a bullish hammer candle on the daily bar. The S&P closed up a fraction but the NASDAQ lagged today, down a point at the close but had a very tight 10 point range. Volume continues to be superb even though we are in the typically slow summer months.
This better than average volume that we have had lately is not coming from the retail investor. It is coming from the big institutions who are accumulating stock ahead of what I believe is going to be the end of interest rate hikes by the Fed near the end of the year. The market is moving in advance of this news. Small cap stocks continue to be the story and now some big cap quality stocks are starting to see some action. MSFT is an example of a cheap quality company that has gone nowhere for a long time but is now seeing some heavy volume. This volume is a clue that the stock may be getting some serious attention from the value funds. There will be more of these quality names moving as we get further into this Bull market. These are not fast movers but in time will be steady gainers.
Pay Check to Pay Check
There is an interesting dilemma that most American's face. It would seem that most American's are practically living from paycheck to paycheck, without putting any savings back for the future or even a rainy day fund for that matter. People are spending money as quickly as they get it and that is good for the economy in the short term. In the long run, it is not so good. Unfortunately, the majority of American's would rather acquire goods & services to satisfy them now instead of holding something back for the future.
http://money.cnn.com/2005/08/02/news/economy/savin...
Our family at STHQ is different, we know the value of money and we know how to acquire it and keep it, that is HUGE. Saving money is extremely important for the future, not only us, but our children as well. Everyone has obligations that must be paid, and certain whims that they spend money on. That is fine, but I have always been a believer in paying myself. By this I mean, taking some funds out of each check and paying your savings account, or investment vehicle, before anything else. This ensures that you are saving for the future and, at the same time, it helps you limit your spending to only the necessities. Live like no one else now so that you can live like no one else later.
There have been some members who have told us about how they paid off their mortgage with the gains that they made right here, trading with STHQ. There are others who have used some of their gains to make that big purchase that they have been putting off for years. Some have made a decision to put some of those things on hold and build up cash in their trading account so that they can compound their gains with future profitable trades. The power of compounding is incredible and the wealth you can build compounding your trades is staggering.
One of the most valuable things that our members have learned is the value of technical analysis and how to improve their trading. I read a couple of posts today on the message board from some of our long time members who have learned to trade better since they have been members. They have also learned how the markets really work, and that is the big competitive advantage that our members have over the average investor, watching the BSNBC ticker and trying to trade on the news that they hear from that media outlet. I always feel good when I hear these things because I am happy that our site has made a difference in people's lives. I thank all those who have made such nice comments either on the message board or through email. Your comments are very much appreciated.
If you believe that anyone of your friends or family fit the article above, please step in and say something to them. This is not a plea to have them sign up as members, although that would certainly be a good start for them and we certainly would like to help. This is an appeal to ensure that our friends and family do not fall prey to the bad habits of over spending all that they earn. The best thing you can do for them is to begin their education in money management. If you help them learn that lesson, they will thank you for it and they will be much richer; richer in spirit and richer in wealth.
STHQ Chart Index
If you go to the chart index in the left side menu, you can review and study charts that we have annotated for each stock listed in the past.
For New Members
For all of the new members with us, please make sure to read the link “How to use Bulletin” at the bottom of the Bulletin page on the website. It is critical that you know how to use this trading tool before trying to trade the stocks mentioned. The effectiveness of your trades will diminish if you do not completely understand how the information is presented.
Earnings Calendar
We have added the earnings link for each stock on the bulletin. To access the link for earnings, you can either use the link below or click the link on the bulletin for the corresponding ticker. Click the online bulletin in the left side menu for access to the earning calendar for each stock listed. It is not recommended to hold a position through earnings. You can always buy the stock back after the dust settles.
http://www.earnings.com
Stockcharts Listing
Please vote for us once a day at stockcharts.com.
http://stockcharts.com/def/servlet/Favorites.CServ...
Thank you all for voting.
|
|
|
|
|
|
|
