|
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, November 09, 2005
Market Recap
It was a rather dry day for the market as stocks had trouble getting out of the gate this morning. Then, out of nowhere, stocks had a sudden burst of buying after lunch that sent the indices far into the green before some bombs went off overseas and slowed down the rally. After this news, selling started again and stocks gave back some of that gain. By the end of the day, the indices were green by just a few points: the Dow was up 6 points, the Nasdaq gained 4 points, and the S&P was up 2 points. The market is looking a little toppy here so set your stops tight and be ready to go to cash in case a correction of this latest rally should occur.
Today was a very good day for us even with the markets flat. We sold two stocks for 10% gains each: NDAQ and AOB. And there were some super moves made by some of our bulletin stocks as well. AQNT was up 15%, ARXT gained 10%, HANS was a 13% gainer, QDEL and CAMP gained over 5%. There are movers on the bulletin as well as in the chart section each night from which to trade. We will continue to bring those to you as we find them in this market. In tonight's charts, there are more potential movers. The charts of many stocks are setting up well again and should advance if the market can shake off this resistance area and make new move highs.
Separate Trading Accounts
It is highly recommended that you do not mix the long term trades with your short term trades. Open two separate accounts and separate the long term positions from the short term positions for each account. It is extremely difficult to trade long and short term out of the same account; I do not know anyone that can do it successfully. This is because you will constantly be looking at your short term positions and if your long term is mixed in, you will see every little pullback on your long positions as well. This will cause you to micro-manage your long positions. For example, you may panic sell if your long term stock should it fall 10% or more in the short term. The criteria for holding long term are much different from our short term trading rules.
We bring this up tonight because we know some of you are feeling the pain of our swing trade NTES. If you are still in NTES and plan to hold, we suggest switching it over to your longer term account. The company is solid fundamentally and will do well over time but for swing trading, it is now dead money until another catalyst such as good news or the next earnings report. I think after this fiasco, there should be no question about holding through earnings. DO NOT HOLD ANY STOCK THROUGH EARNINGS, unless it is money you can afford and are willing to lose. I have posted this in capital letters and it will be a constant reminder from now on. If anyone asks about holding a stock through earnings, I will refer them to the NTES entry in our trade record. That should answer the question. It hurts but that will be are example.
Stockcharts listing
Please vote for us once a day at Stockcharts.com.
http://stockcharts.com/def/servlet/Favorites.CServ...
Thank you all for voting
STHQ Chart Index
If you go to the chart index in the left side menu, you can review and study charts we have annotated for each stock listed in the past.
Earnings Calendar
We have added the earnings link for each stock on the bulletin. To access the link for earnings you can either use this 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
For New Members:
For all 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 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.
|
|
|
|
|
|
|
