Look at how choppy the market is as it broke below 1630 but suddenly shoot up, twice
Trusted Binary Options Brokers
Friday 30 August 2013
Not safe to trade today
We decide not to trade today as market still looks unstable
Look at how choppy the market is as it broke below 1630 but suddenly shoot up, twice
Look at how choppy the market is as it broke below 1630 but suddenly shoot up, twice
Stock Market Analysis
Today is the end of the week as well as end of the month
Trade less or not trade at all as the market is still mixed & might get volatile
If it repeats the pattern of last two days, closing at 1635 & 1638, it will close around 1641 today
But it doesn't seem like the case for now as stocks dropped after weak economic news
S&P 500 might rebound around 1630 or break below
Trade less or not trade at all as the market is still mixed & might get volatile
If it repeats the pattern of last two days, closing at 1635 & 1638, it will close around 1641 today
But it doesn't seem like the case for now as stocks dropped after weak economic news
S&P 500 might rebound around 1630 or break below
US economic reports update
Core PCE Price Index m/m
Actual: 0.1% Estimate: 0.2% Previous: 0.2%
Personal Spending m/m
Actual: 0.1% Estimate: 0.3% Previous: 0.6%
Personal Income m/m
Actual: 0.1% Estimate: 0.3% Previous: 0.3%
Chicago PMI
Actual: 53.0 Estimate: 53.2 Previous: 52.3
Revised UoM Consumer Sentiment
Actual: 82.1 Estimate: 81.2 Previous: 80.0
Revised UoM Inflation Expectations
Actual: 3.0% Previous:3.1%
Actual: 0.1% Estimate: 0.2% Previous: 0.2%
Personal Spending m/m
Actual: 0.1% Estimate: 0.3% Previous: 0.6%
Personal Income m/m
Actual: 0.1% Estimate: 0.3% Previous: 0.3%
Chicago PMI
Actual: 53.0 Estimate: 53.2 Previous: 52.3
Revised UoM Consumer Sentiment
Actual: 82.1 Estimate: 81.2 Previous: 80.0
Revised UoM Inflation Expectations
Actual: 3.0% Previous:3.1%
US economic reports 30 August 2013
8:30am
Core PCE Price Index m/m
Personal Spending m/m
Personal Income m/m
9:00am
FOMC Member Bullard Speaks
9:45am
Chicago PMI
9:55am
Revised UoM Consumer Sentiment
Revised UoM Inflation Expectations
Core PCE Price Index m/m
Personal Spending m/m
Personal Income m/m
9:00am
FOMC Member Bullard Speaks
9:45am
Chicago PMI
9:55am
Revised UoM Consumer Sentiment
Revised UoM Inflation Expectations
Thursday 29 August 2013
Hedge & sell S&P 500 (Double)- won
Medium risk trade:
Sell S&P 500 around 1640 for end of day expiration
S&P 500 broke below 1640, hedge our buy by selling
(Double your amount as this signal is stronger)
Result: won
S&P 500 closed @ 1638.17
Once S&P 500 broke below 1640, we hedged our previous loss for double profits
Sell S&P 500 around 1640 for end of day expiration
S&P 500 broke below 1640, hedge our buy by selling
(Double your amount as this signal is stronger)
Result: won
S&P 500 closed @ 1638.17
Once S&P 500 broke below 1640, we hedged our previous loss for double profits
Buy S&P 500- lost
Medium risk trade:
Buy S&P 500 around 1640 for end of day expiration
Result: lost
S&P 500 closed @ 1638.17
Traders decided to sell at the end of the day as we suspected, we hedged this loss with a double win later
Buy S&P 500 around 1640 for end of day expiration
Result: lost
S&P 500 closed @ 1638.17
Traders decided to sell at the end of the day as we suspected, we hedged this loss with a double win later
Sell S&P 500 around 1640
Medium risk trade:
Sell S&P 500 around 1640 for end of day expiration
S&P 500 broke below 1640, hedge our buy by selling
(Double your amount as this signal is stronger)
Sell S&P 500 around 1640 for end of day expiration
S&P 500 broke below 1640, hedge our buy by selling
(Double your amount as this signal is stronger)
Buy S&P 500 @ 1640
Medium risk trade:
Buy S&P 500 around 1640 for end of day expiration
S&P 500 broke above 1640 & should become new support, resistance @ 1646 but stocks might go higher today
Risk: Fear overcomes traders & they decide to take profit, S&P 500 might drop from 1646 & even break below support @ 1640
Buy S&P 500 around 1640 for end of day expiration
S&P 500 broke above 1640 & should become new support, resistance @ 1646 but stocks might go higher today
Risk: Fear overcomes traders & they decide to take profit, S&P 500 might drop from 1646 & even break below support @ 1640
Stock market analysis
Obama said that he has not made a decision on Syria strike but has gotten options from US military & concluded that the Syrian government used chemical weapons
Analyzing Obama's words, he intends to use some kind of military action that would send a strong message to Syria but has not confirmed a decision yet
The move will be made without UN support because Russia has veto power & supports Syria
Looking towards an uncertain future, the market should go down, but the market might go higher instead just because a decision has not been made yet
S&P 500 might rebound around 1630 again
Analyzing Obama's words, he intends to use some kind of military action that would send a strong message to Syria but has not confirmed a decision yet
The move will be made without UN support because Russia has veto power & supports Syria
Looking towards an uncertain future, the market should go down, but the market might go higher instead just because a decision has not been made yet
S&P 500 might rebound around 1630 again
US economic reports update
Prelim GDP q/q
Actual: 2.5% Estimate: 2.2% Previous: 1.7%
Unemployment Claims
Actual: 331K Estimate: 330K Previous: 337K
Prelim GDP Price Index q/q
Actual: 0.8% Estimate: 0.7% Previous: 0.7%
Actual: 2.5% Estimate: 2.2% Previous: 1.7%
Unemployment Claims
Actual: 331K Estimate: 330K Previous: 337K
Prelim GDP Price Index q/q
Actual: 0.8% Estimate: 0.7% Previous: 0.7%
US economic events 29 August 2013
8:30am
Prelim GDP q/q
Unemployment Claims
Prelim GDP Price Index q/q
8:50am
FOMC Member Bullard Speaks
Prelim GDP q/q
Unemployment Claims
Prelim GDP Price Index q/q
8:50am
FOMC Member Bullard Speaks
Wednesday 28 August 2013
Sell JPM- won
Medium risk trade:
Sell JPM around 51.0 for end of day expiration
Result: won
JPM closed at 50.58
Sell JPM around 51.0 for end of day expiration
Result: won
JPM closed at 50.58
Sell S&P 500- won
Medium risk trade:
Sell S&P 500 around 1640 for end of day expiration
Result: won
S&P 500 closed at 1634.96
Sell S&P 500 around 1640 for end of day expiration
Result: won
S&P 500 closed at 1634.96
Buy Apple- won
Medium risk trade:
Buy Apple around 490 for end of day expiration
Result: won
Apple closed at 490.90
Buy Apple around 490 for end of day expiration
Result: won
Apple closed at 490.90
Sell S&P 500 @ 1640, Sell JPM @ 51.0
Medium risk trades:
Sell S&P 500 around 1640 for end of day expiration
Sell JPM around 51.0 for end of day expiration
Risks: both went above their resistances earlier, resistances @ 1640 & 51.0 are weakened, probability of winning are reduced as they can be broken but they look like they're going down now
Investors might've finally given up breaking above resistances & take profit at the end of the day
Sell S&P 500 around 1640 for end of day expiration
Sell JPM around 51.0 for end of day expiration
Risks: both went above their resistances earlier, resistances @ 1640 & 51.0 are weakened, probability of winning are reduced as they can be broken but they look like they're going down now
Investors might've finally given up breaking above resistances & take profit at the end of the day
Buy Apple around 490
Medium risk trade:
Buy Apple around 490 for end of day expiration
Apple broke above 490
Buy Apple around 490 for end of day expiration
Apple broke above 490
Stocks & trading signals to watch- Apple, JPM, S&P 500
Apple plans to open a store in Tokyo
JPM former trader arrested for falsifying bank records to cover up a $6 billion loss
US government authorities are seeking another $6 billion from JPM to settle lawsuits of falsely claiming loans
Both stocks are slightly down
Look to sell JPM when market opens for end of day expiration (or wait & see if it rebounds to 51.0 & drops to be safer)
JPM might try to rebound at 50.00, sell JPM again if it drops below, fails to rebound & drops further
Risky to buy Apple when stocks are going down but we can buy it if stocks rebound & uptrend is strong
Look to sell S&P 500 when market opens for end of day expiration (or wait & see if it rebounds to 1640 & drops to be safer)
JPM former trader arrested for falsifying bank records to cover up a $6 billion loss
US government authorities are seeking another $6 billion from JPM to settle lawsuits of falsely claiming loans
Both stocks are slightly down
Look to sell JPM when market opens for end of day expiration (or wait & see if it rebounds to 51.0 & drops to be safer)
JPM might try to rebound at 50.00, sell JPM again if it drops below, fails to rebound & drops further
Risky to buy Apple when stocks are going down but we can buy it if stocks rebound & uptrend is strong
Look to sell S&P 500 when market opens for end of day expiration (or wait & see if it rebounds to 1640 & drops to be safer)
Stock Market Analysis
Stocks are looking to rebound after a huge drop yesterday but might fail today
Stocks are oversold but worries have not subsided
Stocks are oversold but worries have not subsided
Tuesday 27 August 2013
Sell S&P 500- won
Sell S&P 500 below 1640 for 4pm EDT end of day expiration
It should keep dropping as it broke below 1640 & continued to drop
Result: won
S&P 500 closed at 1630.47
It should keep dropping as it broke below 1640 & continued to drop
Result: won
S&P 500 closed at 1630.47
Sell S&P 500 below 1640
Sell S&P 500 below 1640 for 4pm EDT end of day expiration
It should keep dropping as it broke below 1640 & continued to drop
It should keep dropping as it broke below 1640 & continued to drop
US economic reports update
S&P/CS Composite-20 HPI y/y
Actual: 12.1% Estimate: 11.9% Previous: 12.2%
Richmond Manufacturing Index
Actual: 14 Estimate: -7 Previous: -11
CB Consumer Confidence
Actual: 81.5 Estimate: 79.6 Previous: 80.3
Actual: 12.1% Estimate: 11.9% Previous: 12.2%
Richmond Manufacturing Index
Actual: 14 Estimate: -7 Previous: -11
CB Consumer Confidence
Actual: 81.5 Estimate: 79.6 Previous: 80.3
War, debt & QE tapering
Stocks are going down as there are worries that the US is going take launch a strike against Syria because of its use of chemical weapons
US military is prepared to take action if Obama orders it
The Treasury Secretary said that the US government might reach its debt limit by mid-October & run out of money to pay its bills but Obama will not negotiate debt limit
That will also increase chances of QE tapering soon if the problem is not rectified & stock markets might crash
Look to sell S&P 500 as there are more worries & concerns in the market
US military is prepared to take action if Obama orders it
The Treasury Secretary said that the US government might reach its debt limit by mid-October & run out of money to pay its bills but Obama will not negotiate debt limit
That will also increase chances of QE tapering soon if the problem is not rectified & stock markets might crash
Look to sell S&P 500 as there are more worries & concerns in the market
US economic reports 27 August 2013
9:00am
S&P/CS Composite-20 HPI y/y
10:00am
CB Consumer Confidence
Richmond Manufacturing Index
S&P/CS Composite-20 HPI y/y
10:00am
CB Consumer Confidence
Richmond Manufacturing Index
Monday 26 August 2013
No safe trading signals today
No safe trading signals today as S&P 500 suddenly dropped below 1660 before it closed
Stock are unstable & we should look for short term trades from now on as stocks could not hold their ground at the end of the day
Stock are unstable & we should look for short term trades from now on as stocks could not hold their ground at the end of the day
Stock Market Analysis
Central banks are questioning the effects of QE yet worried about the impact of tapering or exiting too soon
There were only few who called for an immediate pullback
"The Fed has made the determination that the benefits of additional QE have gone down"
QE tapering is inevitable & it's just a matter of time
Investors are still concerned as the timing of tapering is still uncertain
But the market appears to be going up after bad economic news today because it might delay tapering (temporarily)
Market sentiment: uncertain but bullish after bad economic news
Stocks should continue going up at least for today but it's not confirmed yet
We'll wait for a safer trade, look to buy S&P 500 if it drops to 1660 & rebound
There were only few who called for an immediate pullback
"The Fed has made the determination that the benefits of additional QE have gone down"
QE tapering is inevitable & it's just a matter of time
Investors are still concerned as the timing of tapering is still uncertain
But the market appears to be going up after bad economic news today because it might delay tapering (temporarily)
Market sentiment: uncertain but bullish after bad economic news
Stocks should continue going up at least for today but it's not confirmed yet
We'll wait for a safer trade, look to buy S&P 500 if it drops to 1660 & rebound
US economic reports 26 August 2013
8:30am
Core Durable Goods Orders m/m
Actual: -0.6% Estimate: 0.6% Previous: -0.1%
Durable Goods Orders m/m
Actual: -7.3% Estimate: -3.0% Previous: 3.9%
Core Durable Goods Orders m/m
Actual: -0.6% Estimate: 0.6% Previous: -0.1%
Durable Goods Orders m/m
Actual: -7.3% Estimate: -3.0% Previous: 3.9%
Friday 23 August 2013
Sell S&P 500- lost
Sell S&P 500 around 1660 for 4pm EDT end of day expiration
Result: lost
S&P 500 reversed trend & closed at 1663.60
We were right in the beginning but it reversed trend later, we might have to use 30 minutes expiration on Fridays next time
Result: lost
S&P 500 reversed trend & closed at 1663.60
We were right in the beginning but it reversed trend later, we might have to use 30 minutes expiration on Fridays next time
Buy Apple- won
Buy Apple below 500 for 4pm EDT end of day expiration
Result: won
Apple closed at 501.02
Result: won
Apple closed at 501.02
US economic reports update
10:00am
New Home Sales
Actual: 394K Estimate: 487K Previous: 497K
Worse than expected, stocks should drop more
New Home Sales
Actual: 394K Estimate: 487K Previous: 497K
Worse than expected, stocks should drop more
Sell S&P 500 around 1660
Sell S&P 500 around 1660 for 4pm EDT end of day expiration
Stock seems to be going the right way for now
Risk: Greed overtakes fear again, market behavior becomes irrational
Stock seems to be going the right way for now
Risk: Greed overtakes fear again, market behavior becomes irrational
Buy Apple below 500
Buy Apple below 500 for 4pm EDT end of day expiration
Billionaire Carl Icahn tweeted that he'll meet Apple CEO Tim Cook to discuss the size of its buyback program
Apple bought navigation-software company to improve mapping system
When Apple dropped below 500 to 499 yesterday, it rebounded & closed at 501.72
We believe below 500 is oversold unless there are bad news
Billionaire Carl Icahn tweeted that he'll meet Apple CEO Tim Cook to discuss the size of its buyback program
Apple bought navigation-software company to improve mapping system
When Apple dropped below 500 to 499 yesterday, it rebounded & closed at 501.72
We believe below 500 is oversold unless there are bad news
Stock market analysis
Stocks seem to be edging higher
S&P 500 support went from 1650 to 1652 yesterday & now @ 1654, resistance @ 1660
Looking at S&P Futures, we calculate that S&P 500 went up to 1660 & dropped steeply to 1654 then rebounded back to 1657, yesterday's closing price
1660 should be a strong resistance, unless it manages to break above, it should drop again
Look to sell S&P 500 if it reaches around 1660 & drop again
Looking at the price pattern & how far it dropped, we speculate that S&P 500 will go up, reach 1660, stay there for a while & drop again at the end of the day
But it will depend on rational market behaviour for that to happen & it might not happen at all
Friday's the most volatile day of the week when market might behave irrationally
Market Psychology: Bullish, uncertain, greed might be more than fear
The market should be more cautious, buy less & ponder if they should buy more, then decide not to take the risk & take profit at the end of the day as they await results of the Jackson Hole Symposium for more clarity about tapering
If greed comes into play as we expect, they will buy more & break above 1660, but there's still a chance for them to reconsider & sell at the end of the day
S&P 500 support went from 1650 to 1652 yesterday & now @ 1654, resistance @ 1660
Looking at S&P Futures, we calculate that S&P 500 went up to 1660 & dropped steeply to 1654 then rebounded back to 1657, yesterday's closing price
1660 should be a strong resistance, unless it manages to break above, it should drop again
Look to sell S&P 500 if it reaches around 1660 & drop again
Looking at the price pattern & how far it dropped, we speculate that S&P 500 will go up, reach 1660, stay there for a while & drop again at the end of the day
But it will depend on rational market behaviour for that to happen & it might not happen at all
Friday's the most volatile day of the week when market might behave irrationally
Market Psychology: Bullish, uncertain, greed might be more than fear
The market should be more cautious, buy less & ponder if they should buy more, then decide not to take the risk & take profit at the end of the day as they await results of the Jackson Hole Symposium for more clarity about tapering
If greed comes into play as we expect, they will buy more & break above 1660, but there's still a chance for them to reconsider & sell at the end of the day
Thursday 22 August 2013
Buy S&P 500- won
Buy S&P 500 around 1650 for 4pm EDT end of day expiration
Result: won
S&P 500 closed at 1656.96, never went below 1650 & rebounded @ 1652
Next support to watch is 1650-1652
Result: won
S&P 500 closed at 1656.96, never went below 1650 & rebounded @ 1652
Next support to watch is 1650-1652
Buy S&P Futures- won
Buy S&P Futures around 1642-1645 if it rebounds above 1644.4 or if it drops to 1642 & rebound, for 30 minutes expiration
Result: won
S&P Futures rebounded at 9:30am EDT & expired @ 1648.375 at 10:00am
Our signal to buy S&P 500 is also winning as S&P 500 goes higher as expected
Result: won
S&P Futures rebounded at 9:30am EDT & expired @ 1648.375 at 10:00am
Our signal to buy S&P 500 is also winning as S&P 500 goes higher as expected
Buy S&P 500 around 1650
Buy S&P 500 around 1650 for 4pm EDT end of day expiration
Uptrend is strong but went up too fast, wait for it to drop & rebound to be safer
Uptrend is strong but went up too fast, wait for it to drop & rebound to be safer
US economic reports update
Unemployment Claims
Actual: 336K Estimate: 329K Previous: 323K
Flash Manufacturing PMI
Actual: 53.9 Estimate: 54.1 Previous: 53.7
HPI m/m
Actual: 0.7% Estimate: 0.6% Previous: 0.8%
Actual: 336K Estimate: 329K Previous: 323K
Flash Manufacturing PMI
Actual: 53.9 Estimate: 54.1 Previous: 53.7
HPI m/m
Actual: 0.7% Estimate: 0.6% Previous: 0.8%
Stock Market Analysis
Stocks have already rebounded during pre-market but looks weak & dropping yet again
After Unemployment Claims were announced worse than expected, stocks began to climb again as it should reduce the chances of Fed tapering too soon
After FOMC Meeting Minutes showed no clear sign of tapering, the market is now looking to Jackson Hole Symposium for some answers
But the market should at least calm down a little as there weren't any announcement of tapering in September yesterday
Market Sentiment: slightly bullish, still uncertain
After Unemployment Claims were announced worse than expected, stocks began to climb again as it should reduce the chances of Fed tapering too soon
After FOMC Meeting Minutes showed no clear sign of tapering, the market is now looking to Jackson Hole Symposium for some answers
But the market should at least calm down a little as there weren't any announcement of tapering in September yesterday
Market Sentiment: slightly bullish, still uncertain
Buy S&P Futures around 1642-1645
High risk short term trade:
Buy S&P Futures around 1642-1645 if it rebounds above 1644.4 or if it drops to 1642 & rebound, for 30 minutes expiration
Unemployment claims worse than expected, traders will buy because it reduces the chances of Fed tapering soon
S&P Futures also broke above 1644.4, temporary resistance
Risk: We are trading the news, market can be volatile, but it should go up
Buy S&P Futures around 1642-1645 if it rebounds above 1644.4 or if it drops to 1642 & rebound, for 30 minutes expiration
Unemployment claims worse than expected, traders will buy because it reduces the chances of Fed tapering soon
S&P Futures also broke above 1644.4, temporary resistance
Risk: We are trading the news, market can be volatile, but it should go up
US economic news 22 August 2013
8:30am
Unemployment Claims
9:00am
Flash Manufacturing PMI
House Price Index m/m
10:00am
Conference Board Leading Index m/m
3:15pm
Treasury Sec Lew Speaks
All Day, Day 1
Jackson Hole Symposium
3:15pm
Treasury Sec Lew Speaks
All Day, Day 1
Jackson Hole Symposium
Wednesday 21 August 2013
After FOMC Meeting Minutes
FOMC Meeting Minutes was less dovish, still no clear sign of tapering, stocks should go up
Stocks seem to be stable now & trend direction is clear
But there's still the risk of traders selling & taking profit at the end of the day, making stocks drop
It's still possible for S&P 500 to rebound around 1650 & go up higher if it drops but it doesn't look quite safe yet, watch & see for now
Stocks seem to be stable now & trend direction is clear
But there's still the risk of traders selling & taking profit at the end of the day, making stocks drop
It's still possible for S&P 500 to rebound around 1650 & go up higher if it drops but it doesn't look quite safe yet, watch & see for now
US economic events today
10:00am EDT
Existing Home Sales
Actual: 5.39M Estimate: 5.15M Previous: 5.06M
2:00pm
FOMC Meeting Minutes
Existing Home Sales
Actual: 5.39M Estimate: 5.15M Previous: 5.06M
2:00pm
FOMC Meeting Minutes
Stocks to watch- Goldman Sachs, Facebook
It is advised to trade less or avoid trading today as stocks might become volatile because of FOMC meeting minutes today
Stocks look weak today as S&P 500 dropped below 1650 but suddenly rebounded up to 1651 & dropped back to 1648.5
Goldman Sachs accidentally sent trades that could amount to $100 million loss if they weren't cancelled because of a technical error
But stock was slightly up when it opened, then dropped below 158, 158 looks weak
Facebook launched internet.org, designed to make the internet accessible to people who aren't connected yet
Stock is up from 38.4 to 38.75
Stocks look weak today as S&P 500 dropped below 1650 but suddenly rebounded up to 1651 & dropped back to 1648.5
Goldman Sachs accidentally sent trades that could amount to $100 million loss if they weren't cancelled because of a technical error
But stock was slightly up when it opened, then dropped below 158, 158 looks weak
Facebook launched internet.org, designed to make the internet accessible to people who aren't connected yet
Stock is up from 38.4 to 38.75
Tuesday 20 August 2013
No safe trading signals today
No safe trading signals today as most stocks moved in the opposite direction
Apple dropped below 510 & never went above it despite good news
JPM went up above 52.0 after 11:30am EDT despite bad news
Home Depot even dropped below yesterday's price despite earnings beat estimates
S&P 500 went up too high & dropped in the end as we expected but it stayed around 1658 for too long & did not drop below 1650
Therefore not safe to trade today
Apple dropped below 510 & never went above it despite good news
JPM went up above 52.0 after 11:30am EDT despite bad news
Home Depot even dropped below yesterday's price despite earnings beat estimates
S&P 500 went up too high & dropped in the end as we expected but it stayed around 1658 for too long & did not drop below 1650
Therefore not safe to trade today
Stocks to watch- Apple, JPM, Home Depot, S&P 500
Apple has asked manufacturing company Hon Hai to begin shipping both new high end & cheaper iPhones in early September
Stock went up above 510 from 507.74 but dropped back to 509.51
(Still a bit risky but it can stay above 510 for quite a while like it did yesterday)
Look to buy Apple above 510 for 30 minutes expiration
JPM is being investigated by the Department of Justice whether it manipulated US energy market
But JPM is up from 51.83 to 52.08 for now
Look to sell JPM if it drops below 52.0, for 4pm EDT end of day expiration
Home Depot's earnings beat estimates, guidance raised
Stock is up from 75.21 to 77.50 but might be too high
S&P 500 is rebounding during pre-market but it looks like it's setting up for a fall again
If it repeats yesterday's pattern, it will go up too fast then drop below 1650 again
Look to sell S&P 500 around 1650 or higher for 4pm EDT end of day expiration when uptrend reverses
Stock went up above 510 from 507.74 but dropped back to 509.51
(Still a bit risky but it can stay above 510 for quite a while like it did yesterday)
Look to buy Apple above 510 for 30 minutes expiration
JPM is being investigated by the Department of Justice whether it manipulated US energy market
But JPM is up from 51.83 to 52.08 for now
Look to sell JPM if it drops below 52.0, for 4pm EDT end of day expiration
Home Depot's earnings beat estimates, guidance raised
Stock is up from 75.21 to 77.50 but might be too high
S&P 500 is rebounding during pre-market but it looks like it's setting up for a fall again
If it repeats yesterday's pattern, it will go up too fast then drop below 1650 again
Look to sell S&P 500 around 1650 or higher for 4pm EDT end of day expiration when uptrend reverses
Monday 19 August 2013
Stocks to watch tomorrow
Price levels to watch 19 August 2013:
S&P 500 trading range- watch 1650-1660
Apple trading range- watch 505-510
JPM resistance @ 53.0
Price levels to watch 20 August 2013:
S&P 500 broke below 1650 & might drop even more tomorrow even though it's too low
Look to sell S&P 500 around 1650 tomorrow if it drops more, for end of day expiration
Apple broke above 510 but dropped to 507.74 20 minutes before it closed
(Trend to watch- once Apple breaks above a certain resistance, it tends to stay above for quite a while as it did with 500 too, we can make a medium risk short term trade for a possible win)
Look to buy Apple tomorrow if it breaks & stays above 510 again, for around 30 minutes expiration
JPM resistance @ 53.0 but was too far below, it even dropped below 52.0
Look to sell JPM below 52.0 if there are more bad news
S&P 500 trading range- watch 1650-1660
Apple trading range- watch 505-510
JPM resistance @ 53.0
Price levels to watch 20 August 2013:
S&P 500 broke below 1650 & might drop even more tomorrow even though it's too low
Look to sell S&P 500 around 1650 tomorrow if it drops more, for end of day expiration
Apple broke above 510 but dropped to 507.74 20 minutes before it closed
(Trend to watch- once Apple breaks above a certain resistance, it tends to stay above for quite a while as it did with 500 too, we can make a medium risk short term trade for a possible win)
Look to buy Apple tomorrow if it breaks & stays above 510 again, for around 30 minutes expiration
JPM resistance @ 53.0 but was too far below, it even dropped below 52.0
Look to sell JPM below 52.0 if there are more bad news
Sell S&P 500- won
Medium risk short term trades:
Sell S&P 500 around 1660 if it drops, for shortest expiration (5- 30 minutes)
S&P 500 went up too fast, should drop for a while
Result: won
S&P 500 dropped to 1656.43 at 10:30am EDT (30 minutes later) & even closed at 1646.06
Sell S&P 500 around 1660 if it drops, for shortest expiration (5- 30 minutes)
S&P 500 went up too fast, should drop for a while
Result: won
S&P 500 dropped to 1656.43 at 10:30am EDT (30 minutes later) & even closed at 1646.06
Stock to watch: Apple (update)
Apple broke above 510 but is too high, not safe to trade Apple today:
Apple shot up to 509 in less than 10 minutes, but is having increasingly more momentum, that's why we only sold S&P 500 & not Apple when S&P 500 was at 1659 & Apple at 509
Apple broke above 510 while S&P 500 dropped
Although it can stay above 510, it's still possible for Apple to drop below 510 anytime because it went up too high, too fast
Apple shot up to 509 in less than 10 minutes, but is having increasingly more momentum, that's why we only sold S&P 500 & not Apple when S&P 500 was at 1659 & Apple at 509
Apple broke above 510 while S&P 500 dropped
Although it can stay above 510, it's still possible for Apple to drop below 510 anytime because it went up too high, too fast
Stocks to Watch- Intel
Intel may speed up manufacturing of its new generation Atom chips
Just a rumor, but Intel went up from 22.0 to 22.6
Buy Intel if it drops back to 22.0 & rebound
Just a rumor, but Intel went up from 22.0 to 22.6
Buy Intel if it drops back to 22.0 & rebound
Sell S&P 500 @ 1660
Medium risk short term trades:
Sell S&P 500 around 1660 if it drops, for shortest expiration (5- 30 minutes)
S&P 500 went up too fast, should drop for a while
Price levels to watch:
S&P 500 trading range- watch 1650-1660
Apple trading range- watch 505-510
JPM resistance @ 53.0
Sell S&P 500 around 1660 if it drops, for shortest expiration (5- 30 minutes)
S&P 500 went up too fast, should drop for a while
Price levels to watch:
S&P 500 trading range- watch 1650-1660
Apple trading range- watch 505-510
JPM resistance @ 53.0
Stocks to watch- Apple, JPM
No US economic news to guide investors today & tomorrow, as investors wait for Wednesday's FOMC meeting minutes, stocks might drop ahead of it
Stock futures dropped but rebounding, S&P 500's support might be at 1650 today
Apple will release a gold version of iPhone 5S, gold color is popular in China
Apple jumped from 502.33 to 505 but dropped back to 503.7 for now, might go back up higher
The Securities and Exchange Commission's anti-bribery unit is investigating JPMorgan for bribery
JPM dropped from 53.29 to 53.0
Stock futures dropped but rebounding, S&P 500's support might be at 1650 today
Apple will release a gold version of iPhone 5S, gold color is popular in China
Apple jumped from 502.33 to 505 but dropped back to 503.7 for now, might go back up higher
The Securities and Exchange Commission's anti-bribery unit is investigating JPMorgan for bribery
JPM dropped from 53.29 to 53.0
Friday 16 August 2013
Buy Cisco- won
Medium risk short term trades:
Buy Cisco around 24.4-24.5 for 30 minutes expiration
Wait for it to go above, drop back & rebound @ 24.5 to be safer
Result: won (Cisco rebounded at 11:36am & expired @ 24.51 at 12pm EDT)
Trading today was risky as expected, we barely won this & stocks continued to be volatile, so no more trades today
Most stocks stayed above their temporary supports & broke below inconsistently
Buy Cisco around 24.4-24.5 for 30 minutes expiration
Wait for it to go above, drop back & rebound @ 24.5 to be safer
Result: won (Cisco rebounded at 11:36am & expired @ 24.51 at 12pm EDT)
Trading today was risky as expected, we barely won this & stocks continued to be volatile, so no more trades today
Most stocks stayed above their temporary supports & broke below inconsistently
Buy Cisco around 24.4-24.5
Medium risk short term trades:
Buy Cisco around 24.4-24.5 for 30 minutes expiration
Wait for it to go above, drop back & rebound @ 24.5 to be safer
Buy Cisco around 24.4-24.5 for 30 minutes expiration
Wait for it to go above, drop back & rebound @ 24.5 to be safer
Consumer Sentiment update
Prelim UoM Consumer Sentiment
Actual: 80.0 Estimate: 85.6 Previous: 85.1
Prelim UoM Inflation Expectations
Actual: 3.1% Previous: 3.1%
Consumer Sentiment dropped as we expected
Actual: 80.0 Estimate: 85.6 Previous: 85.1
Prelim UoM Inflation Expectations
Actual: 3.1% Previous: 3.1%
Consumer Sentiment dropped as we expected
Stock Market Analysis
Pre-market before economic news shows that the stock market is trying to rebound
But economy still doesn't look too good & this will hinder stocks' recovery
Stock futures are dropping after the news
Although analysts estimates a higher consumer sentiment, looking at the recent economy, we expect it to be lower
Friday is also usually the most volatile day of the week
Stocks might be mixed & volatile today, as stocks try to rebound but face adversity, trade with caution or not trade today to protect your investment
But economy still doesn't look too good & this will hinder stocks' recovery
Stock futures are dropping after the news
Although analysts estimates a higher consumer sentiment, looking at the recent economy, we expect it to be lower
Friday is also usually the most volatile day of the week
Stocks might be mixed & volatile today, as stocks try to rebound but face adversity, trade with caution or not trade today to protect your investment
US economic reports update
Building Permits
Actual: 0.94M Estimate: 0.95M Previous: 0.92M
Housing Starts
Actual: 0.90M Estimate: 0.91M Previous: 0.84M
Prelim Nonfarm Productivity q/q
Actual: 0.9% Estimate: 0.5% Previous: 0.5%
Prelim Unit Labor Costs q/q
Actual: 1.4% Estimate: 1.4% Previous: -4.3%
Actual: 0.94M Estimate: 0.95M Previous: 0.92M
Housing Starts
Actual: 0.90M Estimate: 0.91M Previous: 0.84M
Prelim Nonfarm Productivity q/q
Actual: 0.9% Estimate: 0.5% Previous: 0.5%
Prelim Unit Labor Costs q/q
Actual: 1.4% Estimate: 1.4% Previous: -4.3%
Stock Analysis & Stocks to Watch
Apple stock analysis:
In the last 2 days, Apple managed to reach $500 but dropped below at the end of the day
500 is definitely a resistance for now, but a weak one as it sometimes stayed above 500 for quite a while
Despite a barrage of good news, Apple is having a hard time fighting a falling stock market, a weak economy & a psychological level of $500
Apple's news:
Well known billionaire investor George Soros doubled his investment in Apple, Apple is looking to close a deal with China Mobile but it's still on-going
We predict that it'll happen sooner or later because both sides are positive & keen to close the deal
Both sides also need it as their sales were slumping in China
And Tim Cook says he expects China to be the largest market for Apple after the US
This is a very important step for Apple, therefore it should be just a matter of time
Apple's price to watch:
Apple might need more significant news to push it above 500
If Apple closes the deal successfully, it might give Apple the much needed boost
Apple also needs to close above 500, then stay above & not drop below
Once 500 is secured, it can become a very strong psychological support level
Watch Apple @ 500 for the next few days
(Although it's now a resistance, it's looking to turn into a support)
Wal-Mart's news:
Wal-Mart said that currency fluctuations reduced their sales by $680 million & will weaken growth this year
Wal-Mart is also fighting against weak demand
Stock prices to watch:
Despite a lot of bad news yesterday, stocks found temporary supports because they were too low
Watch S&P 500 @ 1660
Watch JPM @ 53.0
Watch Wal-Mart @ 74.0, resistance @ 75.0
Watch Cisco @ 24.0 (24.5 is quite weak, as it dropped below several times & even closed @ 24.49, we prefer for it to drop to 24.0 & rebound, making 24.0 a support)
Temporary supports are weak especially when there are bad news & can be broken anytime
We need to wait for bad news to subside & support levels need to be strengthened before we consider buying
Trading before then will be at a higher risk
Watch & see if stocks can rebound today
In the last 2 days, Apple managed to reach $500 but dropped below at the end of the day
500 is definitely a resistance for now, but a weak one as it sometimes stayed above 500 for quite a while
Despite a barrage of good news, Apple is having a hard time fighting a falling stock market, a weak economy & a psychological level of $500
Apple's news:
Well known billionaire investor George Soros doubled his investment in Apple, Apple is looking to close a deal with China Mobile but it's still on-going
We predict that it'll happen sooner or later because both sides are positive & keen to close the deal
Both sides also need it as their sales were slumping in China
And Tim Cook says he expects China to be the largest market for Apple after the US
This is a very important step for Apple, therefore it should be just a matter of time
Apple's price to watch:
Apple might need more significant news to push it above 500
If Apple closes the deal successfully, it might give Apple the much needed boost
Apple also needs to close above 500, then stay above & not drop below
Once 500 is secured, it can become a very strong psychological support level
Watch Apple @ 500 for the next few days
(Although it's now a resistance, it's looking to turn into a support)
Wal-Mart's news:
Wal-Mart said that currency fluctuations reduced their sales by $680 million & will weaken growth this year
Wal-Mart is also fighting against weak demand
Stock prices to watch:
Despite a lot of bad news yesterday, stocks found temporary supports because they were too low
Watch S&P 500 @ 1660
Watch JPM @ 53.0
Watch Wal-Mart @ 74.0, resistance @ 75.0
Watch Cisco @ 24.0 (24.5 is quite weak, as it dropped below several times & even closed @ 24.49, we prefer for it to drop to 24.0 & rebound, making 24.0 a support)
Temporary supports are weak especially when there are bad news & can be broken anytime
We need to wait for bad news to subside & support levels need to be strengthened before we consider buying
Trading before then will be at a higher risk
Watch & see if stocks can rebound today
US economic reports 16 August 2013
8:30am
Building Permits
Housing Starts
Prelim Nonfarm Productivity q/q
Prelim Unit Labor Costs q/q
9:55am
Prelim UoM Consumer Sentiment
Prelim UoM Inflation Expectations
Building Permits
Housing Starts
Prelim Nonfarm Productivity q/q
Prelim Unit Labor Costs q/q
9:55am
Prelim UoM Consumer Sentiment
Prelim UoM Inflation Expectations
Thursday 15 August 2013
Trading Signals Results 15 August 2013
Medium risk trades: (Stocks are quite volatile today)
Sell Wal-mart around 74.5-75.0- won (Wal-mart closed @ 74.41)
Sell S&P 500 around 1665- won (S&P 500 closed @ 1661.32)
Sell Apple around 500- won (Apple closed @ 498.10)
Sell JPMorgan around 53.25-53.5- lost (JPM closed @ 53.29)
Sell Cisco around 24.75 (invalid, stayed too far below target, Cisco closed @ 24.49)
Sell Wal-mart around 74.5-75.0- won (Wal-mart closed @ 74.41)
Sell S&P 500 around 1665- won (S&P 500 closed @ 1661.32)
Sell Apple around 500- won (Apple closed @ 498.10)
Sell JPMorgan around 53.25-53.5- lost (JPM closed @ 53.29)
Sell Cisco around 24.75 (invalid, stayed too far below target, Cisco closed @ 24.49)
Sell S&P 500, Wal-mart, JPM, Cisco, Apple
Medium risk trades: (Stocks are quite volatile today)
Sell JPMorgan around 53.25-53.5
Sell S&P 500 around 1665
Sell Wal-mart around 74.5-75.0
Sell Cisco around 24.75
Sell Apple around 500
All for end of day expiration
Sell JPMorgan around 53.25-53.5
Sell S&P 500 around 1665
Sell Wal-mart around 74.5-75.0
Sell Cisco around 24.75
Sell Apple around 500
All for end of day expiration
US economic reports update
Philly Fed Manufacturing Index
Actual: 9.3 Estimate: 15.6 Previous: 19.8
NAHB Housing Market Index
Actual: 59 Estimate: 57 Previous: 57
Actual: 9.3 Estimate: 15.6 Previous: 19.8
NAHB Housing Market Index
Actual: 59 Estimate: 57 Previous: 57
Stocks to Watch- Cisco, Wal-mart, JPM, Apple
Cisco's earnings beat estimates but will cut workforce due to a tough economy
Wal-mart's earnings missed estimates & reduced future expectations
Both stocks are falling
JP Morgan expects fines from authority for its "London Whaling" trading fiasco
Apple reached 500 & dropped
The whole stock market is also falling, especially after Fed expressed concerns about the economy & more bad economy news are reported
S&P 500 rebounded at 1660 but possible to drop even more
Stocks are too low, no supports or resistances to be confirmed yet
Wal-mart's earnings missed estimates & reduced future expectations
Both stocks are falling
JP Morgan expects fines from authority for its "London Whaling" trading fiasco
Apple reached 500 & dropped
The whole stock market is also falling, especially after Fed expressed concerns about the economy & more bad economy news are reported
S&P 500 rebounded at 1660 but possible to drop even more
Stocks are too low, no supports or resistances to be confirmed yet
US economic reports update
Core CPI m/m
Actual: 0.2% Estimate: 0.2% Previous: 0.2%
CPI m/m
Actual: 0.2% Estimate: 0.2% Previous: 0.5%
Unemployment Claims
Actual: 320K Estimate: 334K Previous: 335K
Empire State Manufacturing Index
Actual: 8.2 Estimate: 10.2 Previous: 9.5
TIC Long-Term Purchases
Actual: -66.9B Estimate: 31.3B Previous: -27.0B
Capacity Utilization Rate
Actual: 77.6% Estimate: 77.9% Previous: 77.7%
Industrial Production m/m
Actual: 0.0% Estimate: 0.5% Previous: 0.2%
Actual: 0.2% Estimate: 0.2% Previous: 0.2%
CPI m/m
Actual: 0.2% Estimate: 0.2% Previous: 0.5%
Unemployment Claims
Actual: 320K Estimate: 334K Previous: 335K
Empire State Manufacturing Index
Actual: 8.2 Estimate: 10.2 Previous: 9.5
TIC Long-Term Purchases
Actual: -66.9B Estimate: 31.3B Previous: -27.0B
Capacity Utilization Rate
Actual: 77.6% Estimate: 77.9% Previous: 77.7%
Industrial Production m/m
Actual: 0.0% Estimate: 0.5% Previous: 0.2%
US economic events 15 August 2013
8:15am
FOMC Member Bullard Speaks
8:30am
Core CPI m/m
Unemployment Claims
CPI m/m
Empire State Manufacturing Index
9:00am
TIC Long-Term Purchases
9:15am
Capacity Utilization Rate
Industrial Production m/m
10:00am
Philly Fed Manufacturing Index
NAHB Housing Market Index
FOMC Member Bullard Speaks
8:30am
Core CPI m/m
Unemployment Claims
CPI m/m
Empire State Manufacturing Index
9:00am
TIC Long-Term Purchases
9:15am
Capacity Utilization Rate
Industrial Production m/m
10:00am
Philly Fed Manufacturing Index
NAHB Housing Market Index
Wednesday 14 August 2013
Trading Signals Results 14 August 2013
Buy S&P 500 @ 1690- lost (S&P 500 expired at 1688.11, trend reversed again & dropped below 1690)
Buy Apple around 494- won (Apple expired at 497.75)
Buy S&P 500 around 1686-89- lost (S&P 500 expired at 1687.74 but reached 1689.74 later)
Buy Apple around 500- lost (Apple expired at 498.50, dropped below 500 15 minutes before market closed)
Bad day today as we focus on short term risky trades because FOMC Member Bullard's speech will make the market fluctuate & it did
However, 1690 & 500 seems to be resistance for now & we'll watch them tomorrow
We can use them to regain our losses if the market goes the right way
Remember that you can also receive refunds of up to $100 if you registered & traded through us*
*Terms & conditions applied
That's how we make it risk free for you to trade binary options even if we lose
You can either profit or get a refund, your losses are covered by us
As we guarantee that you will profit in the long run & will not lose money using our trading signals
Buy Apple around 500
Apple broke above 500
Same strategy as before, we have 3 choices:
Buy Apple around 500 if it drops & rebound twice (low risk)
Buy Apple around 500 if it drops & rebound once (medium risk)
Buy Apple around 501-502, 503 (high risk but still possible to win as Apple has gained a lot of momentum)
All are for 4pm EDT end of day expiration, but you only need to choose 1
Risks: 500 might be too high & become resistance if it drops below
Same strategy as before, we have 3 choices:
Buy Apple around 500 if it drops & rebound twice (low risk)
Buy Apple around 500 if it drops & rebound once (medium risk)
Buy Apple around 501-502, 503 (high risk but still possible to win as Apple has gained a lot of momentum)
All are for 4pm EDT end of day expiration, but you only need to choose 1
Risks: 500 might be too high & become resistance if it drops below
Buy S&P 500 around 1686-89
Medium risk short term trades:
Buy S&P 500 around 1686-89 for 30 minutes expiration
Rebound @ 1686.5-1687, upward trend now
Risks: No strong supports, S&P 500 might drop again, 1690 might become resistance
Buy S&P 500 around 1686-89 for 30 minutes expiration
Rebound @ 1686.5-1687, upward trend now
Risks: No strong supports, S&P 500 might drop again, 1690 might become resistance
Buy S&P 500 @ 1690, Buy Apple around 494
Medium risk short term trades:
Buy S&P 500 around 1690 for 30 minutes-1hour expiration
Rebound @ 1690
Buy Apple around 494-496 for 30 minutes-1hour expiration
Rebound @ 494
Buy S&P 500 around 1690 for 30 minutes-1hour expiration
Rebound @ 1690
Buy Apple around 494-496 for 30 minutes-1hour expiration
Rebound @ 494
Stocks to Watch- Apple
Apple's too high, 500 might become resistance for now
Apple hit 499.63 & dropped, downward trend now
The stock market is also going down but might be rebounding
Downside risk: Apple has gained a lot of momentum & we might be fighting the market if we sell, but we can still profit if we do short term trades
Quite risky to trade now, there's still uncertainty in the market & it might suddenly rebound, Apple maybe around 495
Apple hit 499.63 & dropped, downward trend now
The stock market is also going down but might be rebounding
Downside risk: Apple has gained a lot of momentum & we might be fighting the market if we sell, but we can still profit if we do short term trades
Quite risky to trade now, there's still uncertainty in the market & it might suddenly rebound, Apple maybe around 495
Stock Market Analysis
Stock not much changed & might drop later as investors await FOMC Member Bullard's speech
US economic reports update
PPI m/m
Actual: 0.0% Estimate: 0.4% Previous: 0.8%
Core PPI m/m
Actual: 0.1% Estimate: 0.2% Previous: 0.2%
Actual: 0.0% Estimate: 0.4% Previous: 0.8%
Core PPI m/m
Actual: 0.1% Estimate: 0.2% Previous: 0.2%
US economic events 14 August 2013
8:30am
PPI m/m
Core PPI m/m
1:20pm
FOMC Member Bullard Speaks
3:15pm
FOMC Member Bullard Speaks
Tuesday 13 August 2013
Buy S&P 500- won
13 August 2013 Free Binary Options Trading Signal:
Buy S&P 500 @ 1684 for 4pm EDT end of day expiration
S&P 500 is rebounding
Result: won
S&P 500 closed at 1694.16, another easy win
S&P 500 rebounded around 1683-1684, later dropped back to 1684 & rebound again, making the support even stronger & continued to keep going up
Buy S&P 500 @ 1684 for 4pm EDT end of day expiration
S&P 500 is rebounding
Result: won
S&P 500 closed at 1694.16, another easy win
S&P 500 rebounded around 1683-1684, later dropped back to 1684 & rebound again, making the support even stronger & continued to keep going up
Buy Apple- won (2 Billionaires helped stocks surge)
13 August 2013 Free Binary Options Trading Signal:
We have 3 choices:
Buy Apple around 470 if it drops & rebound twice (low risk)
Buy Apple around 470 if it drops & rebound once (medium risk)
Buy Apple around 472-473 (high risk & not recommended but still possible to win if it keeps going up like yesterday)
All are for 4pm EDT end of day expiration, but you only need to choose 1
*Do not buy yet if it drops below 470, wait for it to rebound if it happens
Result: won
Apple closed at 489.57
Any of our 3 signals are a win
Although it dropped below 470 in the beginning, it rebounded & reached 475 @ 2pm EDT and it was going to be an easy & comfortable win
But at 2:21pm, billionaire investor Carl Icahn tweeted that he now has a large stake in Apple, saying that the company is extremely undervalued
This sent stocks surging from 475.76 to 487.56 in 20 minutes
He also discussed a larger buyback with Tim Cook, CEO of Apple & said that Apple should trade at $700
Another billionaire also bought Apple: Billionaire Jim Simons's Renaissance bought Apple
This could be due to the fact that "Apple is preparing to introduce more new iPhones & iPad models for the holiday season
Analysts expects Apple to see big spikes in sales & garner record sales during the holiday season"
Which we mentioned earlier as reasons to buy Apple before markets open, even before 2 billionaires jumped on board
Although this was an unexpected but pleasant surprise, this made our win a lot more easier & secure
We have 3 choices:
Buy Apple around 470 if it drops & rebound twice (low risk)
Buy Apple around 470 if it drops & rebound once (medium risk)
Buy Apple around 472-473 (high risk & not recommended but still possible to win if it keeps going up like yesterday)
All are for 4pm EDT end of day expiration, but you only need to choose 1
*Do not buy yet if it drops below 470, wait for it to rebound if it happens
Result: won
Apple closed at 489.57
Any of our 3 signals are a win
Although it dropped below 470 in the beginning, it rebounded & reached 475 @ 2pm EDT and it was going to be an easy & comfortable win
But at 2:21pm, billionaire investor Carl Icahn tweeted that he now has a large stake in Apple, saying that the company is extremely undervalued
This sent stocks surging from 475.76 to 487.56 in 20 minutes
He also discussed a larger buyback with Tim Cook, CEO of Apple & said that Apple should trade at $700
Another billionaire also bought Apple: Billionaire Jim Simons's Renaissance bought Apple
This could be due to the fact that "Apple is preparing to introduce more new iPhones & iPad models for the holiday season
Analysts expects Apple to see big spikes in sales & garner record sales during the holiday season"
Which we mentioned earlier as reasons to buy Apple before markets open, even before 2 billionaires jumped on board
Although this was an unexpected but pleasant surprise, this made our win a lot more easier & secure
Business Inventories update
Business Inventories m/m
Actual: 0.0% Estimate: 0.3% Previous: 0.1%
Lower = better
Better than expected
Actual: 0.0% Estimate: 0.3% Previous: 0.1%
Lower = better
Better than expected
Buy Apple around 470
No support found yet but Apple is still going up
Best strategy is to wait for Apple to drop to 470 & rebound
We have 3 choices:
Buy Apple around 470 if it drops & rebound twice (low risk)
Buy Apple around 470 if it drops & rebound once (medium risk)
Buy Apple around 472-473 (high risk & not recommended but still possible to win if it keeps going up like yesterday)
All are for 4pm EDT end of day expiration, but you only need to choose 1
*Do not buy yet if it drops below 470, wait for it to rebound if it happens
Best strategy is to wait for Apple to drop to 470 & rebound
We have 3 choices:
Buy Apple around 470 if it drops & rebound twice (low risk)
Buy Apple around 470 if it drops & rebound once (medium risk)
Buy Apple around 472-473 (high risk & not recommended but still possible to win if it keeps going up like yesterday)
All are for 4pm EDT end of day expiration, but you only need to choose 1
*Do not buy yet if it drops below 470, wait for it to rebound if it happens
Stocks to watch- Apple
Asian & European stock markets all went up today, will US market follow too?
US stocks are already up during pre-market
Apple is preparing to introduce more new iPhones & iPad models for the holiday season
Analysts expects Apple to see big spikes in sales & garner record sales during the holiday season
Apple is up from 467.36 to 470.90 during pre-market
While it might already be too high, we'll see if 470 can become support to propel its stock even higher, just like it did yesterday when it used 460 as support
Look to buy Apple @ 470 if it stays above
US stocks are already up during pre-market
Apple is preparing to introduce more new iPhones & iPad models for the holiday season
Analysts expects Apple to see big spikes in sales & garner record sales during the holiday season
Apple is up from 467.36 to 470.90 during pre-market
While it might already be too high, we'll see if 470 can become support to propel its stock even higher, just like it did yesterday when it used 460 as support
Look to buy Apple @ 470 if it stays above
US economic reports update
NFIB Small Business Index
Actual: 94.1 Estimate: 95.4 Previous: 93.5
Core Retail Sales m/m
Actual: 0.5% Estimate: 0.4% Previous: 0.1%
Retail Sales m/m
Actual: 0.2% Estimate: 0.2% Previous: 0.6%
Import Prices m/m
Actual: 0.2% Estimate: 0.9% Previous: -0.4%
Actual: 94.1 Estimate: 95.4 Previous: 93.5
Core Retail Sales m/m
Actual: 0.5% Estimate: 0.4% Previous: 0.1%
Retail Sales m/m
Actual: 0.2% Estimate: 0.2% Previous: 0.6%
Import Prices m/m
Actual: 0.2% Estimate: 0.9% Previous: -0.4%
US economic reports 13 August 2013
7:30am
NFIB Small Business Index
8:30am
Core Retail Sales m/m
Retail Sales m/m
Import Prices m/m
10:00am
Business Inventories m/m
NFIB Small Business Index
8:30am
Core Retail Sales m/m
Retail Sales m/m
Import Prices m/m
10:00am
Business Inventories m/m
Monday 12 August 2013
Sell S&P 500- invalid
12 August 2013 Free Binary Options Trading Signal:
Sell S&P 500 around 1690 for 30 minutes expiration everytime it reaches 1690 & drops
Stop if it stays above 1690
Signal was posted @ 10:20am EDT, but it did not drop again after it reach 1690 later, reaching 1691 instead, therefore invalid
Sell S&P 500 around 1690 for 30 minutes expiration everytime it reaches 1690 & drops
Stop if it stays above 1690
Signal was posted @ 10:20am EDT, but it did not drop again after it reach 1690 later, reaching 1691 instead, therefore invalid
Buy Apple- won
Buy Apple @ 460 for 4pm EDT end of day expiration
Result: won
Apple closed at 467.36
Apple went up from 456.86, found support at 460 & continued going up, making this an easy win
Result: won
Apple closed at 467.36
Apple went up from 456.86, found support at 460 & continued going up, making this an easy win
Stock Market Analysis
Not safe to trade anymore as stocks are going up despite Federal Budget Balance of -$97.6 Billion
Federal Budget Balance update
Federal Budget Balance
Actual: -97.6B Estimate: -95.3B Previous: 116.5B
Actual: -97.6B Estimate: -95.3B Previous: 116.5B
Sell S&P 500 @ 1690
Sell S&P 500 around 1690 for 30 minutes expiration everytime it reaches 1690 & drops
Stop if it stays above 1690
Stop if it stays above 1690
Buy Apple @ 460
Buy Apple @ 460 for 4pm EDT end of day expiration
A drop & rebound from 460 will strengthen its support
It's highly possible for Apple to close above 460 at the end of the day even if Federal Budget Balance is worse than expected
A drop & rebound from 460 will strengthen its support
It's highly possible for Apple to close above 460 at the end of the day even if Federal Budget Balance is worse than expected
Stock Market Forecast
Stock Market speculations:
Economic calendar is light today, Federal Budget Balance is expected to drop
Fed's Evans might be hinting us to prepare for tapering as there might be a deficit in Federal Budget Balance
S&P 500 might open around 1680-1684, try to rebound to 1686-1690, then drop if Federal Budget Balance drops as expected
Trading range can be from 1680-1690, with 1680 as support & 1690 as resistance, 1686, 1688 as secondary & temporary support/resistance
Overall, S&P 500 should drop today because of China & QE tapering worries, Federal Budget Balance should decide its direction towards the end of the day
Economic calendar is light today, Federal Budget Balance is expected to drop
Fed's Evans might be hinting us to prepare for tapering as there might be a deficit in Federal Budget Balance
S&P 500 might open around 1680-1684, try to rebound to 1686-1690, then drop if Federal Budget Balance drops as expected
Trading range can be from 1680-1690, with 1680 as support & 1690 as resistance, 1686, 1688 as secondary & temporary support/resistance
Overall, S&P 500 should drop today because of China & QE tapering worries, Federal Budget Balance should decide its direction towards the end of the day
Stocks to Watch- Apple
Apple will unveil its redesigned iPhone at a special event on September 10th
Stock is up from 454.45 to 457.82
Apple's one of the few stocks that are going up despite market going down
S&P Futures is down but slowly trying to rebound
Stock is up from 454.45 to 457.82
Apple's one of the few stocks that are going up despite market going down
S&P Futures is down but slowly trying to rebound
Friday 9 August 2013
Stock Market Analysis
Not much news to help push stocks into a clear direction
S&P 500 might drop to 1690 & rebound or even go further below as it did twice earlier
And Friday is the most volatile day of the week
Although we could've profited by selling S&P 500 around 1700 & buying around 1690, resistance is not strong enough & support was weak as it was broken twice, therefore it's not really safe to trade today
S&P 500 might drop to 1690 & rebound or even go further below as it did twice earlier
And Friday is the most volatile day of the week
Although we could've profited by selling S&P 500 around 1700 & buying around 1690, resistance is not strong enough & support was weak as it was broken twice, therefore it's not really safe to trade today
Thursday 8 August 2013
Sell S&P 500 @ 1697-1700- won
Sell S&P 500 @ 1697-1700 for 4pm EDT end of day expiration
Result: won
S&P 500 closed at 1697.48 (Signal was issued at 1:51pm EDT, 1697.48 was the lowest since then, therefore no matter when you sold it, it's a win)
Falling below 1698 to 1697 should confirm a downtrend
But although it did not go down further, we believed 1700 to be quite a resistance & it should at least fall below 1698-1700 where the head & shoulders pattern formed
That's why we put 1697-1700, for a stronger & safer signal
Even though it did not reach 1697, it's still a win as it closed at the lowest price after we issued the signal
Therefore we need to be very cautious while trading, finding the safest trades so that even if it misses our estimates, it can still be a win
Result: won
S&P 500 closed at 1697.48 (Signal was issued at 1:51pm EDT, 1697.48 was the lowest since then, therefore no matter when you sold it, it's a win)
Falling below 1698 to 1697 should confirm a downtrend
But although it did not go down further, we believed 1700 to be quite a resistance & it should at least fall below 1698-1700 where the head & shoulders pattern formed
That's why we put 1697-1700, for a stronger & safer signal
Even though it did not reach 1697, it's still a win as it closed at the lowest price after we issued the signal
Therefore we need to be very cautious while trading, finding the safest trades so that even if it misses our estimates, it can still be a win
Buy S&P 500 around 1690- won
Buy S&P 500 around 1690 for 4pm EDT end of day expiration
Result: won
S&P 500 closed at 1697.48
S&P 500 actually went lower than 1690 but managed to rebound & use 1690 as a support
Signal was issued after we confirmed it
Result: won
S&P 500 closed at 1697.48
S&P 500 actually went lower than 1690 but managed to rebound & use 1690 as a support
Signal was issued after we confirmed it
Buy Apple @ 458-460- won
Buy Apple @ 458-460 for 4pm EDT end of day expiration
Result: won
Apple closed @ 461.01
Result: won
Apple closed @ 461.01
Buy Microsoft- won
Buy Microsoft around 32 for 4pm EDT end of day expiration
Result: won
Microsoft closed at 32.89
Resistance @ 33 but it kept going above it just a little, trying to stay above it, therefore not really safe to sell
Result: won
Microsoft closed at 32.89
Resistance @ 33 but it kept going above it just a little, trying to stay above it, therefore not really safe to sell
Sell S&P 500 @ 1697-1700
Sell S&P 500 @ 1697-1700 for 4pm EDT end of day expiration
Resistance @ 1700, head & shoulders pattern beginning to form @ 1698-1700, showing a trend reversal coming, the uptrend will at least stop for a while
Safer to wait for it to drop below 1698 & continue dropping to confirm a downtrend
Resistance @ 1700, head & shoulders pattern beginning to form @ 1698-1700, showing a trend reversal coming, the uptrend will at least stop for a while
Safer to wait for it to drop below 1698 & continue dropping to confirm a downtrend
Buy Apple @ 458-460, Buy S&P 500 @ 1690
Buy Apple @ 458-460 for 4pm EDT end of day expiration
Buy S&P 500 around 1690 for 4pm EDT end of day expiration
Supports found @ 458 & 1690, rebounding
(Apple has not broken above 460 yet but it should at the end of the day, wait for it to break & stay above 460 to be safer, or buy @ 458)
Buy S&P 500 around 1690 for 4pm EDT end of day expiration
Supports found @ 458 & 1690, rebounding
(Apple has not broken above 460 yet but it should at the end of the day, wait for it to break & stay above 460 to be safer, or buy @ 458)
Buy Microsoft @ 32
Windows Phone posted the biggest year-over-year jump & Microsoft is now the 3rd in smartphone operating system
Microsoft is looking to rebound after a huge selloff when it's earnings missed estimates last month
Microsoft finally broke above the strong resistance @ 32 today & is now using it as a support for rebound
Buy Microsoft around 32 for 4pm EDT end of day expiration
Microsoft is looking to rebound after a huge selloff when it's earnings missed estimates last month
Microsoft finally broke above the strong resistance @ 32 today & is now using it as a support for rebound
Buy Microsoft around 32 for 4pm EDT end of day expiration
Trading signals to watch
S&P 500 reached 1699.54 but did not have the courage to break above 1700 & dropped as stocks seem too high & overbought
1700 is resistance for now, we'll wait & see if a rebound happens, possibly around 1690
Look to buy S&P 500 around 1690 if it rebounds
Apple's ex-dividend date is today
Resistance @ 465, support broken @ 460-462, might be oversold, wait for a rebound if it happens
1700 is resistance for now, we'll wait & see if a rebound happens, possibly around 1690
Look to buy S&P 500 around 1690 if it rebounds
Apple's ex-dividend date is today
Resistance @ 465, support broken @ 460-462, might be oversold, wait for a rebound if it happens
Stock Market Analysis 8 August 2013
Yesterday, S&P 500 rebounded & closed barely above 1690
Stocks are looking to go back up even higher, targeting 1700 & possibly staying above 1700 today
Tesla shocked investors by reporting a net income of $26.3 million instead of the estimated loss of $18.9 million
Tesla also expected to post profits in the future for the whole 2013
Stocks jumped from 134.23 to 152.9 & may be overbought, not safe to buy because it's overbought & not safe to sell because of surprisingly strong earnings
Groupon slightly beats estimates but stocks jumped from 8.72 to 10.55
Groupon also announced a $300 million buyback program
It might be too high to buy & not safe to sell either
Stocks are looking to go back up even higher, targeting 1700 & possibly staying above 1700 today
Tesla shocked investors by reporting a net income of $26.3 million instead of the estimated loss of $18.9 million
Tesla also expected to post profits in the future for the whole 2013
Stocks jumped from 134.23 to 152.9 & may be overbought, not safe to buy because it's overbought & not safe to sell because of surprisingly strong earnings
Groupon slightly beats estimates but stocks jumped from 8.72 to 10.55
Groupon also announced a $300 million buyback program
It might be too high to buy & not safe to sell either
Unemployment Claims update 8 August 2013
Unemployment Claims
Actual: 333K Estimate: 336K Previous: 326K
Actual: 333K Estimate: 336K Previous: 326K
Wednesday 7 August 2013
Stock Market Analysis
Stocks are rebounding & went up higher even after Consumer Credit was worse than expected
Therefore not safe to trade today
Therefore not safe to trade today
Stocks to Watch- Bank of America
The US government is suing Bank of America for civil fraud but Bank of America disputed those allegations
Still, Bank of America is getting sued at a time the market is looking to sell off stocks
Stocks are down from 14.64 to 14.43, 14.5 might become resistance
Still, Bank of America is getting sued at a time the market is looking to sell off stocks
Stocks are down from 14.64 to 14.43, 14.5 might become resistance
Stocks to watch- Disney, IBM
The stock market is looking to go down today after the Fed mentioned they might start tapering later this year
Consumer Credit is expected to be lower than previous, even if it might be higher, stocks should still go down
Disney's earnings missed estimates, theme parks & media networks did well but movie division took big losses
Disney also expects a $160-190 million loss for "The Lone Ranger" later this year
Stocks are down from 67.05 to 65.65, 66 might become resistance for Disney today
Look to sell Disney @ 66 for 4pm EDT end of day expiration once & everytime it reaches 66 & drops, for 30 minutes expiration
IBM plans to furlough most of its employees in the hardware unit after being downgraded by analysts yesterday
Stocks dropped from 195.5 to 190.99 & now to 189.50
Even though it might be too low, it looks like the market is not showing mercy & 190 might become resistance instead of support
Look to sell IBM @ 190 for 4pm EDT end of day expiration once & everytime it reaches 190 & drops, for 30 minutes expiration
Consumer Credit is expected to be lower than previous, even if it might be higher, stocks should still go down
Disney's earnings missed estimates, theme parks & media networks did well but movie division took big losses
Disney also expects a $160-190 million loss for "The Lone Ranger" later this year
Stocks are down from 67.05 to 65.65, 66 might become resistance for Disney today
Look to sell Disney @ 66 for 4pm EDT end of day expiration once & everytime it reaches 66 & drops, for 30 minutes expiration
IBM plans to furlough most of its employees in the hardware unit after being downgraded by analysts yesterday
Stocks dropped from 195.5 to 190.99 & now to 189.50
Even though it might be too low, it looks like the market is not showing mercy & 190 might become resistance instead of support
Look to sell IBM @ 190 for 4pm EDT end of day expiration once & everytime it reaches 190 & drops, for 30 minutes expiration
Stock Market Analysis
"6 August 2013 Free Binary Options Trading Signal:
Buy S&P 500 @ 1700 for 30 minutes & 4pm EDT end of day expiration if it rebounds & stays above 1700"
Result: S&P 500 did not stay above 1700 so there was no trade
"Fed's Evans said that they could taper later this year
Stocks might go down but not confirmed yet as it went up again"
A downtrend would be confirmed if it dropped & stay below 1696 but it didn't
It tried to go back up, even reaching 1698 but dropped back
Market was undecided & lingered between 1696-1698, no clear direction therefore not safe to trade
Buy S&P 500 @ 1700 for 30 minutes & 4pm EDT end of day expiration if it rebounds & stays above 1700"
Result: S&P 500 did not stay above 1700 so there was no trade
"Fed's Evans said that they could taper later this year
Stocks might go down but not confirmed yet as it went up again"
A downtrend would be confirmed if it dropped & stay below 1696 but it didn't
It tried to go back up, even reaching 1698 but dropped back
Market was undecided & lingered between 1696-1698, no clear direction therefore not safe to trade
Sell Amazon @ 300- 1 win
6 August 2013 Free Binary Options Trading Signal:
Amazon's 300 is currently acting as resistance
Sell Amazon @ 300 for 30 minutes expiration everytime it reaches 300 & drops back, stop if it stays above
We posted @ 11:54am, so there was one chance to sell at 299.81 @ 12:16pm EDT, expiring at 299.75 @ 12:30pm
Results: 1 win
Although it hit 300 & dropped several times earlier, it was quite random, resulting in 299.756 @ 10am & 300.095 @ 10:30am
So we only posted after a huge drop & rebound as it'll pause & take a break around & below 300 for a while after going up so high at once
Amazon's 300 is currently acting as resistance
Sell Amazon @ 300 for 30 minutes expiration everytime it reaches 300 & drops back, stop if it stays above
We posted @ 11:54am, so there was one chance to sell at 299.81 @ 12:16pm EDT, expiring at 299.75 @ 12:30pm
Results: 1 win
Although it hit 300 & dropped several times earlier, it was quite random, resulting in 299.756 @ 10am & 300.095 @ 10:30am
So we only posted after a huge drop & rebound as it'll pause & take a break around & below 300 for a while after going up so high at once
Tuesday 6 August 2013
Buy Amazon below 300- won
6 August 2013 Free Binary Options Trading Signal:
Buy Amazon below 300 for 4pm EDT end of day expiration
Buy Amazon below 300 for 4pm EDT end of day expiration
Result: won
Amazon closed at 300.75
Although Amazon kept hitting resistance @ 300 & dropping, we were confident that below 300 is oversold and it'll rebound & stay above 300 at the end of the day
Fed might taper this year
Fed's Evans said that they could taper later this year
Stocks might go down but not confirmed yet as it went up again
Stocks might go down but not confirmed yet as it went up again
Sell Amazon @ 300
Amazon's 300 is currently acting as resistance
Sell Amazon @ 300 for 30 minutes expiration everytime it reaches 300 & drops back, stop if it stays above
Sell Amazon @ 300 for 30 minutes expiration everytime it reaches 300 & drops back, stop if it stays above
US economic reports update
JOLTS Job Openings
Actual: 3.94M Estimate: 3.91M Previous: 3.83M
IBD/TIPP Economic Optimism
Actual: 45.1 Estimate: 47.9 Previous: 47.1
Actual: 3.94M Estimate: 3.91M Previous: 3.83M
IBD/TIPP Economic Optimism
Actual: 45.1 Estimate: 47.9 Previous: 47.1
Buy S&P 500 @ 1700
Buy S&P 500 @ 1700 for 30 minutes & 4pm EDT end of day expiration if it rebounds & stays above 1700
Stocks to Watch- Amazon
Amazon announced the launch of Amazon Art, which allows customers to buy fine art
Amazon CEO bought The Washington Post & other newspapers for $250 Million (on his own, not as Amazon)
Look to buy Amazon around 300 or below
Below 300 is oversold because in the last few days, when Amazon dropped below 300, it rebounded & went up higher
Therefore 300 should be a strong support, we'll see if it can stay above 300 again today
Downside risk:
Recent revelations about NSA collecting data from third-parties resulted in people cancelling or limiting their use of cloud service providers such as Amazon
However, we believe Amazon Art will be the most important factor in Amazon's stock today
Amazon CEO bought The Washington Post & other newspapers for $250 Million (on his own, not as Amazon)
Look to buy Amazon around 300 or below
Below 300 is oversold because in the last few days, when Amazon dropped below 300, it rebounded & went up higher
Therefore 300 should be a strong support, we'll see if it can stay above 300 again today
Downside risk:
Recent revelations about NSA collecting data from third-parties resulted in people cancelling or limiting their use of cloud service providers such as Amazon
However, we believe Amazon Art will be the most important factor in Amazon's stock today
US economic reports 6 August 2013
8:30am
Trade Balance
10:00am
JOLTS Job Openings
IBD/TIPP Economic Optimism
Trade Balance
10:00am
JOLTS Job Openings
IBD/TIPP Economic Optimism
Monday 5 August 2013
Stocks to watch- Apple, S&P 500
White House overturned the ban on iPhones
Apple is up from 462.5 to 469.4 & dropped, resistance at 468-470, rebounding at 466.5
S&P 500 reached 1709 & dropped twice, resistance at 1708-1710, rebounding at 1707
Apple is up from 462.5 to 469.4 & dropped, resistance at 468-470, rebounding at 466.5
S&P 500 reached 1709 & dropped twice, resistance at 1708-1710, rebounding at 1707
Free Binary Options trading signals monthly results: July 2013
Free Binary Options trading signals monthly results: July 2013
21 wins 2 losses
91.3% winning rate
Trade History (Dates are when results are published, either the same or the next day as trading signals)
21 wins 2 losses
91.3% winning rate
Trade History (Dates are when results are published, either the same or the next day as trading signals)
Buy S&P 500- won 29/07/2013
Buy S&P 500- won 26/07/2013
Buy/Sell Google- 4 wins 25/07/2013
Buy/Sell Apple- 1 win 25/07/2013
Buy Netflix- won 23/07/2013
Buy MCD- won 22/07/2013
Buy Apple- won 22/07/2013
Sell AMD- lost 19/07/2013
Sell Google- won 19/07/2013
Sell Microsoft- won 19/07/2013
Buy Citigroup- 2 wins 16/07/2013
Buy JPMorgan- won 15/07/2013
Buy S&P 500- won 12/07/2013
Buy Microsoft- won 12/07/2013
Buy Boeing- won 09/07/2013
Buy S&P 500- won 06/07/2013
Buy S&P Futures-lost 06/07/2013
Sell S&P 500- won 02/07/2013
Buy Ford- won 02/07/2013
Buy S&P 500- won 26/07/2013
Buy/Sell Google- 4 wins 25/07/2013
Buy/Sell Apple- 1 win 25/07/2013
Buy Netflix- won 23/07/2013
Buy MCD- won 22/07/2013
Buy Apple- won 22/07/2013
Sell AMD- lost 19/07/2013
Sell Google- won 19/07/2013
Sell Microsoft- won 19/07/2013
Buy Citigroup- 2 wins 16/07/2013
Buy JPMorgan- won 15/07/2013
Buy S&P 500- won 12/07/2013
Buy Microsoft- won 12/07/2013
Buy Boeing- won 09/07/2013
Buy S&P 500- won 06/07/2013
Buy S&P Futures-lost 06/07/2013
Sell S&P 500- won 02/07/2013
Buy Ford- won 02/07/2013
Friday 2 August 2013
Buy AIG- won
Buy AIG @ 48 for 30 minutes expiration time
Result: won
AIG expired @ 48.36 30 minutes later at 1pm EDT
Result: won
AIG expired @ 48.36 30 minutes later at 1pm EDT
Buy LinkedIn @ 230
Medium risk short term trades:
Buy LinkedIn if it drops back to 230 & rebound for 30 minutes expiration
Buy LinkedIn if it drops back to 230 & rebound for 30 minutes expiration
Buy S&P 500 @ 1700-1702
Medium risk short term trades:
Buy S&P 500 at 1700-1702 for 30 minutes expiration time everytime it drops & rebound
Buy S&P 500 at 1700-1702 for 30 minutes expiration time everytime it drops & rebound
Stock Market Analysis
News indicate slightly worsen economy but as long as unemployment claims stay above 6.5% & QE continues, stocks (S&P 500) can still stay above 1700
If investors focus on the whole economy instead of just unemployment claims & QE, 1700 is at risk
QE maintained & strong earnings can propel stocks even higher
However, stocks might fall at the end of the day even if it goes up during the day
Because stocks are too high & needs a pullback, traders might also take profits at the end of the day/week and the economy is not so good
Yesterday's the same, stocks are too high & we waited for a pullback but it didn't happen, so there's a higher chance for the pullback to occur today
If investors focus on the whole economy instead of just unemployment claims & QE, 1700 is at risk
QE maintained & strong earnings can propel stocks even higher
However, stocks might fall at the end of the day even if it goes up during the day
Because stocks are too high & needs a pullback, traders might also take profits at the end of the day/week and the economy is not so good
Yesterday's the same, stocks are too high & we waited for a pullback but it didn't happen, so there's a higher chance for the pullback to occur today
US economic reports update
Non-Farm Employment Change
Actual: 162K Estimate: 184K Previous: 195K
Unemployment Rate
Actual: 7.4% Estimate: 7.5% Previous: 7.6%
Average Hourly Earnings m/m
Actual: -0.1% Estimate: 0.2% Previous: 0.4%
Core PCE Price Index m/m
Actual: 0.2% Estimate: 0.1% Previous: 0.1%
Personal Income m/m
Actual: 0.3% Estimate: 0.5% Previous: 0.5%
Personal Spending m/m
Actual: 0.5% Estimate: 0.5% Previous: 0.3%
Less employment, less reported for unemployment, higher price of goods, less earnings & income, but higher spending
Actual: 162K Estimate: 184K Previous: 195K
Unemployment Rate
Actual: 7.4% Estimate: 7.5% Previous: 7.6%
Average Hourly Earnings m/m
Actual: -0.1% Estimate: 0.2% Previous: 0.4%
Core PCE Price Index m/m
Actual: 0.2% Estimate: 0.1% Previous: 0.1%
Personal Income m/m
Actual: 0.3% Estimate: 0.5% Previous: 0.5%
Personal Spending m/m
Actual: 0.5% Estimate: 0.5% Previous: 0.3%
Less employment, less reported for unemployment, higher price of goods, less earnings & income, but higher spending
Stocks to Watch- AIG, LinkedIn
AIG's earnings beat expectations, AIG also resumed its dividend & announced a buyback program of $1 billion
AIG is up from 47.07 to 49.30
LinkedIn's earnings beat estimates impressively, revenue rose 59%
Stock jumped from 213 to 233.65, reaching an all-time high
AIG is up from 47.07 to 49.30
LinkedIn's earnings beat estimates impressively, revenue rose 59%
Stock jumped from 213 to 233.65, reaching an all-time high
US economic events 2 August 2013
8:30am
Non-Farm Employment Change
Unemployment Rate
Average Hourly Earnings m/m
Core PCE Price Index m/m
Personal Income m/m
Personal Spending m/m
10:00am
Factory Orders m/m
12:15pm
FOMC Member Bullard Speaks
Non-Farm Employment Change
Unemployment Rate
Average Hourly Earnings m/m
Core PCE Price Index m/m
Personal Income m/m
Personal Spending m/m
10:00am
Factory Orders m/m
12:15pm
FOMC Member Bullard Speaks
Thursday 1 August 2013
Stock Prices to watch
S&P 500- support at 1700
P&G- support at 81.0
GM- support at 36.0
Ford- support at 17.0
Apple- resistance at 456.00
Although higher lows show that it's edging higher each time it reaches 456 & drops, as long as it doesn't break above 456, it's still a resistance
P&G- support at 81.0
GM- support at 36.0
Ford- support at 17.0
Apple- resistance at 456.00
Although higher lows show that it's edging higher each time it reaches 456 & drops, as long as it doesn't break above 456, it's still a resistance
US economic reports update
ISM Manufacturing PMI
Actual: 55.4 Estimate: 52.1 Previous: 50.9
Construction Spending m/m
Actual: -0.6% Estimate: 0.4% Previous: 1.3%
ISM Manufacturing Prices
Actual: 49.0 Estimate: 53.0 Previous: 52.5
Most important being ISM Manufacturing PMI & this should push stocks further up
Actual: 55.4 Estimate: 52.1 Previous: 50.9
Construction Spending m/m
Actual: -0.6% Estimate: 0.4% Previous: 1.3%
ISM Manufacturing Prices
Actual: 49.0 Estimate: 53.0 Previous: 52.5
Most important being ISM Manufacturing PMI & this should push stocks further up
Stocks to Watch- General Motors, Ford
Ford & GM reported vehicle sales
Ford US sales rose & stock is up from 16.88 to 17.05
General Motors has yet to announce its vehicle sales in US but sales in India is down 10.73%
Stock is up from 35.87 to 36.4 but is currently trending down to 36.0
Ford US sales rose & stock is up from 16.88 to 17.05
General Motors has yet to announce its vehicle sales in US but sales in India is down 10.73%
Stock is up from 35.87 to 36.4 but is currently trending down to 36.0
Stocks to Watch- Exxon, P&G
Exxon, P&G reported their earnings today
Exxon's earnings missed estimates, profits dropped 57%
Stock is dropping from 93.75 to 92.35
P&G's earnings & revenue beat expectations
Stock is up from 80.30 to 81.63
Exxon's earnings missed estimates, profits dropped 57%
Stock is dropping from 93.75 to 92.35
P&G's earnings & revenue beat expectations
Stock is up from 80.30 to 81.63
Unemployment Claims update
Unemployment Claims
Actual: 326K Estimate: 346K Previous: 345K
Final Manufacturing PMI
Actual: 53.7 Estimate: 53.1 Previous: 53.2
Actual: 326K Estimate: 346K Previous: 345K
Final Manufacturing PMI
Actual: 53.7 Estimate: 53.1 Previous: 53.2
US economic reports today
7:30am EDT
Challenger Job Cuts y/y
Actual: 2.3% Previous: 4.8%
8:30am
Unemployment Claims
9:00am
Final Manufacturing PMI
10:00am
ISM Manufacturing PMI
Construction Spending m/m
ISM Manufacturing Prices
All Day
Total Vehicle Sales
Lots of economic reports today, most important being Unemployment Claims & ISM Manufacturing PMI, we'll also focus on General Motors & Ford for Total Vehicle Sales
Challenger Job Cuts y/y
Actual: 2.3% Previous: 4.8%
8:30am
Unemployment Claims
9:00am
Final Manufacturing PMI
10:00am
ISM Manufacturing PMI
Construction Spending m/m
ISM Manufacturing Prices
All Day
Total Vehicle Sales
Lots of economic reports today, most important being Unemployment Claims & ISM Manufacturing PMI, we'll also focus on General Motors & Ford for Total Vehicle Sales
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