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Still Fighting
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![]() Best of Equities |
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In
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What The Markets Are Doing - Equities have been hit hard on Friday, reversing a brave attempt to move up that worked in the previous days of the week. In particular, the Dow Jones fell back to that ominous "fat finger" low of early May. This level is now a short term support and we'll have to see if it holds this coming week. The S&P500 shows very similar behaviour, while the Nasdaq is a bit more perky, attempting to work up a long term support that is still holding. Gold keeps marching up and is now eying again the high touched in mid-May. If you are not in this market, it’s late to jump on the wagon now; if you are in, profit targets for ongoing trades have yet to be reached. Crude Oil also had a bad day on Friday falling back below the trading range that's been constraining it in the last year. This is clearly a significant point in the evolution of long term trends for this market. Long Term Treasury Bonds are in an upswing again. Watch out, though, short term resistance is just above. NEW OPPORTUNITIES - In the short term, bonds are bullish (short term as well as long term bonds, as in SHY, BIL, TIP, IEI) (see performance comparison chart). Watch our real-time alerts for details and timing. |
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Trade Triggers - This week's QQQQ trade triggers have once again been very profitable. Trade triggers were distributed in real-time by e-mail. We continuously follow the multiple markets that are part of our diversified portfolio and issue real-time e-mail alerts to notify our subscribers of highly reliable trading opportunities. We also provide full detail recommendations for their implementation with your choice of stocks, ETFs and Options. To receive the upcoming real-time triggers and trade management alerts, click here and start your own FREE subscription. 100% No Risk Guarantee! Top |
![]() Figure 1 - Trade triggers on the 60min chart of QQQQ |
| 4 June 2010 Market Trends | |
Equities Equities have been hit hard on Friday, reversing a brave attempt to move up that worked in the previous days of the week. In particular, the Dow Jones fell back to that ominous "fat finger" low of early May. This level is now a short term support and we'll have to see if it holds this coming week. In spite of the big drop, Equities are still bullish long- term. The mid-term is bearish. The upcoming weeks will confirm or deny entry into a bearish market. For now, we will trade the short term swings that can be expected after the recent extreme volatility. As the dust settles, we will start opening new long term moves. Subscribers will receive further details in the upcoming reports. The S&P500 shows very similar behaviour, while the Nasdaq is a bit more perky attempting to work up a long term support that is still holding. Crude Oil also had a bad day on Friday falling back below the trading range that's been constraining Oil in the last year. This is clearly a significant point in the evolution of long term trends for this market. Gold keeps marching up and is now eying again the high touched in mid- May. Long Term Treasury Bonds are in an upswing again. Watch out, though, short term resistance is just above. If you enjoyed this report, please Digg it !! |
![]() Figure 2 - Dow Jones Average
daily performance and OUTPACEsys triggers
![]() Figure 3 - QQQQ (NASDAQ)
daily performance with OUTPACEsys
triggers
Figure 4 - Crude Oil (shown
as
USO ETF) daily performance
with OUTPACEsys triggers![]() Figure 4 - Gold (shown as GLD ETF) daily performance with OUTPACEsys triggers ![]() Figure 5 - Long Term Bonds (shown as TLT ETF) daily performance with OUTPACEsys triggers |
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| Comparative Performance | |
Equities Russell 2000 stocks show best performance YTD (albeit in negative territory), trouncing both Dow Jones and S&P500 stocks that are just a bit short of –6% YTD. Top
![]() ![]() Alternative Markets YTD comparative performance of alternative markets. Real Estate stocks lead the pack at approx 9% YTD, while Crude Oil is at the bottom at -19% In the picture at right, see the YTD comparative performance of:
![]() ![]() Sectors All sectors are showing a desire to bounce up after the burning fall of late. Top
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Bottom line: Our plan for 2009-2010 is to continue following our proven approach and strategies to
As usual, the full details of our market analysis and real-time trade suggestions will be delivered to you via the OUTPACEsys e-mail alert system.
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