Europe Induced Caffeine High; Open Swing Updates For December 7, 2011

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tdp2664 Penny Stock Live No new trades for me Monday or Tuesday but you can bet I’m on the hunt for my first trade of this week today…bull rally baby and I love it. Like a Post-it note in a hurricane, odds are it won’t stick but we’re traders so taking risks is our job. Right now it looks good and I’m an optimist for the first time this week. Anyway, this could be the day we close some of the overdue swings up green, here is what’s on deck. U.S. stock futures rose on Wednesday, buoyed by hopes that European leaders will take decisive action this week to resolve the sovereign-debt crisis roiling the euro zone. The U.S. economic calendar, meanwhile, is fairly thin on Wednesday. Data on consumer credit for October will be released at 3 p.m. Eastern time. Video – 2 minute technical analysis on the portfolio stocks LOCM – decent news out this morning but not enough to summon massive buying. I think we might get over $2.40 though considering the green futures and news. This video from yesterday on LOCM still applies so make sure you check it out. USAT – really like this stock above $1 but it has light volume so it’s a wait and hold game for me. Some swings do turn long if they hold support, for USAT that’s at $1, so I’m still riding the train here, albeit a very slow, slow, slooooow moving train. THQI – bad timing on the downgrade, that’s 2 this month and the only 2 since I started running this newsletter. CEDC last week went up against the downgrade but THQI did not. Having said that it did hold support and my range of $1.55 where I plan to add my second half should it go there. Didn’t really want to double up the day of the downgrade, I’d like to see the bottom / turn before I do that so if we get a higher low today I might pick up my full position here. If not, $1.55 is my stop and my adjusted goal is above $1.80 for about 5%. HKN – based on his emails it looks like Ledbed is done pumping HKN. This can be good but it can also be bad. I was planning on his touts driving it to $4 but it appears he may have moved onto another pump. If it holds $2.60 it’s in play, below and I’ll consider finding an exit at some point during the day. Finally, I’ll be out early today around 2:30 p.m. EST so should you need me into the close I won’t be here but I will be around all evening.

2 Minute Technical Analysis For December 7, 2011

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tdp2664 Penny Stock Live To watch in HD, first expand the video and then select 1080p in your settings just below the chart.

Forge a Profit With AK Steel

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tdp2664 InvestorPlace In a time when everybody on Wall Street seems to be focused on high-flying social-media companies like Facebook, LinkedIn (NYSE: LNKD ) and Groupon (NASDAQ: GRPN ), it's easy for companies in more "boring" industries to get overlooked. After all, who cares about fertilizers, paper or, heaven forbid, steel, right? If you're interested in investing in value stocks that are poised to break out, you should. If Ayn Rand showed us anything in her best-selling novel Atlas Shrugged , it is that the backbone of any industrialized economy is built with steel. America is built on it, China is built on it, and so is the rest of the emerging global economy, and steel producers like AK Steel (NYSE: AKS ) stand to benefit as the global economy regains its footing. U.S. steel industry stocks have taken a bit of a beating since the midsummer bearish plunge in stock prices, but rising auto sales and increasing durable goods purchases should give AKS the boost it needs to jump up and through the $9 neckline of the inverted head-and-shoulders pattern that has been forming on the stock since early-August (The stock is currently at around $8.75.) Consumers are finally starting to buy new cars and trucks in numbers that are getting investors excited. According to Autodata, auto sales jumped 14% in November, bringing the seasonally adjusted annual sales rate up to 13.63 million. That's a lot of cars and trucks. And what are all of those cars and trucks made of? Steel. Sure, cars may not be as heavy as they used to be – where have all the fins gone? – but the skeleton of every car or truck on the road today is still made of steel. In fact, AK Steel sends about one-third of the steel it produces to the automotive industry. So as consumers start demanding more and more cars and trucks, car and truck manufacturers are going to be demanding more and more steel. Cars and trucks aren't the only big-ticket items consumers are buying these days. According to the U.S. Census Bureau, durable goods orders are up more than 9% this year compared to last. That means consumers are buying more refrigerators, washers and dryers and other large appliances and businesses are buying more heavy equipment and industrial machinery. And what are all of those large appliances and pieces of heavy equipment and machinery made of? Of course you know the answer — steel. AK Steel sends another one-third of the steel it produces to producers of durable goods, and demand for that steel continues to grow. Since its 50% drop from $16 to $8 in late-July, early-August, AKS has been consolidating in a classic reversal pattern: an inverted head-and-shoulders pattern. This is characterized by a single resistance level – which forms the neckline of the pattern – and three distinct support levels – which form the left shoulder, the head and the right shoulder of the pattern. The support level that forms the head is the lowest of the three support levels, and the two support levels that form the two shoulders are typically just about level with each other. In the AKS chart below, you can see the stock formed the left shoulder in August, the head at the end of September and the right shoulder in November – with the neckline running across that entire time span. Once the stock breaks up and through the neckline, it doesn't have much resistance between that level at $9.50 and the $16 price point from where the stock started to fall this summer. We expect the stock to break up and through the neckline of the inverted head-and-shoulders pattern and continue higher until it reaches the $14 to $17 trading range it was channeling in earlier this year. If you're interested in trading options on AKS in anticipation of the breakout higher and through the neckline of the inverted head-and-shoulder pattern, you need to make sure you give yourself plenty of time before expiration. Don't get caught with a looming expiration date at the same time you are waiting for a breakout above the neckline. If you want to decrease the amount of money you have to pay up front for the time value you are buying, you might want to consider entering a bull-call spread with an at-the-money, or slightly out-of-the-money, strike price for the long leg and an out-of-the-money strike price just below or at the target price for the short leg.

Forge a Profit With AK Steel

In a time when everybody on Wall Street seems to be focused on high-flying
social-media companies like Facebook, LinkedIn (NYSE: LNKD ) and Groupon
(NASDAQ: GRPN ), it's easy for companies in more "boring" industries to
get overlooked. After all, who cares about fertilizers, paper or, heaven forbid,
steel, right? If you're interested in investing in value stocks that are
poised to break out, you should. If Ayn Rand showed us anything in her
best-selling novel Atlas Shrugged , it is that the backbone of any
industrialized economy is built with steel. America is built on it, China is
built on it, and so is the rest of the emerging global economy, and steel
producers like AK Steel (NYSE: AKS ) stand to benefit as the global economy
regains its footing. U.S. steel industry stocks have taken a bit of a beating
since the midsummer bearish plunge in stock prices, but rising auto sales and
increasing durable goods purchases should give AKS the boost it needs to jump up
and through the $9 neckline of the inverted head-and-shoulders pattern that has
been forming on the stock since early-August (The stock is currently at around
$8.75.) Consumers are finally starting to buy new cars and trucks in numbers
that are getting investors excited. According to Autodata, auto sales jumped 14%
in November, bringing the seasonally adjusted annual sales rate up to 13.63
million. That's a lot of cars and trucks. And what are all of those cars and
trucks made of? Steel. Sure, cars may not be as heavy as they used to be –
where have all the fins gone? – but the skeleton of every car or truck on the
road today is still made of steel. In fact, AK Steel sends about one-third of
the steel it produces to the automotive industry. So as consumers start
demanding more and more cars and trucks, car and truck manufacturers are going
to be demanding more and more steel. Cars and trucks aren't the only
big-ticket items consumers are buying these days. According to the U.S. Census
Bureau, durable goods orders are up more than 9% this year compared to last.
That means consumers are buying more refrigerators, washers and dryers and other
large appliances and businesses are buying more heavy equipment and industrial
machinery. And what are all of those large appliances and pieces of heavy
equipment and machinery made of? Of course you know the answer steel. AK Steel
sends another one-third of the steel it produces to producers of durable goods,
and demand for that steel continues to grow. Since its 50% drop from $16 to $8
in late-July, early-August, AKS has been consolidating in a classic reversal
pattern: an inverted head-and-shoulders pattern. This is characterized by a
single resistance level – which forms the neckline of the pattern – and
three distinct support levels – which form the left shoulder, the head and the
right shoulder of the pattern. The support level that forms the head is the
lowest of the three support levels, and the two support levels that form the two
shoulders are typically just about level with each other. In the AKS chart
below, you can see the stock formed the left shoulder in August, the head at the
end of September and the right shoulder in November – with the neckline
running across that entire time span. Once the stock breaks up and through the
neckline, it doesn't have much resistance between that level at $9.50 and the
$16 price point from where the stock started to fall this summer. We expect the
stock to break up and through the neckline of the inverted head-and-shoulders
pattern and continue higher until it reaches the $14 to $17 trading range it was
channeling in earlier this year. If you're interested in trading options on
AKS in anticipation of the breakout higher and through the neckline of the
inverted head-and-shoulder pattern, you need to make sure you give yourself
plenty of time before expiration. Don't get caught with a looming expiration
date at the same time you are waiting for a breakout above the neckline. If you
want to decrease the amount of money you have to pay up front for the time value
you are buying, you might want to consider entering a bull-call spread with an
at-the-money, or slightly out-of-the-money, strike price for the long leg and an
out-of-the-money strike price just below or at the target price for the short
leg.

3 Health Care Stocks in Tip-Top Shape, Poised for Growth

With cold and flu season upon us, now is the perfect time to start thinking
about health care. But before we stock up on tissues and hand sanitizer, we need
to think about ways we can add a little health care to our portfolios. As the
baby boomer generation crosses the threshold into retirement, there has been an
increasing emphasis on keeping our aging population healthy. This, and
Washington's growing obsession with health care reform, spells out significant
upside for the health care industry. According to the regulatory agency behind
Medicare and Medicaid, health care spending is expected to grow by an average of
5.8% per year through 2020. And that's not all: The same agency also forecasts
that health care spending will make up a whopping 20% of GDP in eight years!
These three health care stocks represent the best profit opportunities out
there. Not only are their fundamentals in peak condition, but they have the
ability for explosive growth. HMS Holdings Corp. (NASDAQ: HMSY ) keeps
government health providers from overpaying for benefits or making costly errors
in billing. And with Washington increasingly focused on keeping health care
costs down, HMS Holdings will only see more success in the months ahead. Last
quarter, sales were hit by regulatory slowdowns in implementing Recovery Audit
Contractor contracts. Although company leadership expects this regulatory change
will affect revenues for full-year 2011, they are optimistic about the long-run
implications of these regulations. So, for 2012, the company expects sales to
grow 20% to $435 million and earnings to jump 23% to 74 cents per share. Also,
the company is picking up in operational performance. 2012 Estimated Sales
Growth: 20% 2012 Estimated Earnings Growth: 23% Transcend Services Inc. (NASDAQ:
TRCR ) is a medical transcription company that uses Internet-based technology to
turn doctors' audio patient records into written text. This saves time, money
and prevents errors and that is exactly what the industry needs right now. The
company is growing sales at a record pace thanks to a growing number of
first-time outsourcing of hospitals' transcriptionists. According to company
leadership, in the last quarter, Transcend Services sold new business that
should generate between $3.8 million and $4.7 million in annual revenue. The
company also is keeping costs down by restructuring its operations in India. So
Transcend Services is keeping sales up and costs down this sounds like a recipe
for success in the next quarter. 2012 Estimated Sales Growth: 14.7% 2012
Estimated Earnings Growth: 16.4% Valeant Pharmaceuticals (NYSE: VRX ) has been
on a buying spree, and I believe this will translate into major profits in the
next year. Valeant acquired Afexa Life Sciences in late October, Kaunau
Pharmaceuticals in mid-August and has announced plans to acquire both Ortho
Dermatologics and Dermik. Most recently, the company announced that it plans to
buy iNova Pharmaceuticals of Australia. Valeant company management is gung-ho
about the deal because adding iNova will transform the company's market share
on three continents. Valeant expects the transaction to provide returns
immediately. 2012 Estimated Sales Growth: 15.6% 2012 Estimated Earnings Growth:
N/A

Microsoft Corporation (NASDAQ:MSFT) Signs Electronic Government Deal

Microsoft Corporation (NASDAQ:MSFT) has inked a deal with Kyiv on creating an
Electronic Government System. Microsoft Corporation (NASDAQ:MSFT) Signs
Electronic Government Deal Reports say that Microsoft Corporation (NASDAQ:MSFT)
has reached an agreement with Kyiv city state administration on creating an
Electronic Government information system. According to the agreement Microsoft
Corporation (NASDAQ:MSFT) will design an investment portal, automate a budget
process, and build a social network for small- and medium-sized
entrepreneurship. Ruslan Kramarenko, deputy head of Kyiv city state
administration, said that, We have entered into an agreement and signed a
memorandum with Microsoft Corporation (NASDAQ:MSFT) on participation in and
support for the Electronic Government project in Kyiv". Microsoft Corp.
(NASDAQ:MSFT) stocks are currently standing at 25.66. Price History Last Price:
25.66 52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 26.13 6 Month
Price Change %: 7.0% 12 Month Price Change %: -4.9%

Google Alert - antiques coin

News 1 new result for antiques coin

Historic Gold Coins & Antiques Auction on Proxibid.com - Saturday ... PR Web Government Auction announces its Historic Gold Coins & Antique Auction to be hosted on the online live auction site Proxibid.com. ...

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