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April 05, 2009 YHOO |
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4/5/2009 9:04:16 AM
By "NEW" I mean that we'll be showing you full screen shots of our positions (instead of stand alone charts). This is my screen as I use it. It shows daily, weekly and monthly views and a technical indicator as I use them to set up my trades. In addition, for each trade, we'll give you a relatively conservative 'option' play focused on doubling your money. And finally, if you're interested and participating in our Premier Service, we're including a new Market Chat - Chat Room, where I'll be available on a weekly basis to answer your questions. This service on it's own is available for $49/month - but included in our Premier Service for $69.95/month. If you're already a Premier Subscriber, you will be receiving a communication on how to sign up and when our next session will be. If you would like to subscribe to Market Chat let us know and we'll send you a link. If you would like to subscribe to the Premier Service and get my Daily Stock Barometer, QQQ/Rydex Trader, Explosive Stock Alert, Stock Options Speculator, & Market Chat - 147.85 in monthly services for only $69.95/month (That's 50% off). Here's the link to sign up: http://bmb.goemerchant.com/cart/cart.aspx?ST=buy&Action=add&Merchant=stockbarometer&ItemNumber=009 Want to save an additional 20%? Then subscribe to the annual service for only $669/year. That works out to $55.75/month - or roughly two months free! Here's the link: http://bmb.goemerchant.com/cart/cart.aspx?ST=buy&Action=add&Merchant=stockbarometer&ItemNumber=029 Market Chat will be available at least weekly for at least an hour with sessions normally on the weekend or evenings. It's a no holds barred look at the financial markets. Want to talk about a current position? Want to talk about where the market is going? Have a question about something I wrote about? Want to discuss other service writers - I have no problem telling you the truth behind some newsletter writers & services! This is an education you can't afford to pass up. No other service offers anything similar and makes this link between writing and feedback!!! Again, email us if you're interested in subscribing to this service as a stand alone service for $49/month. Sign up as a Premier Subscriber and it's included in the package of subscriptions. OK, back to this week's trade set up - YHOO. Here's my trade screen.
I prefer one screen that covers what I need (as opposed to a multi screen set up) as I travel a lot and periodically only have a laptop (or two) to use. And I'm not a day trader - although I may switch to a shorter term view & use a 5-RSI to set up the short term entry. I also have a list of indicators on the left that I can switch to to look for short term timing clues. I'll cover that more detail later. YHOO is a nice stock as it lines up very well with market sentiment indicators (bottom right screen). I've tied in some of the key signals with past activity. It's neat to see some of this stuff line up. The question is, what would you do right now? Since the indicators are not clearly at a key reversal level, but I am bullish on the markets but expecting some short term chop - I would set up for a trend trade here. To set up a trend trade, you move to the weekly chart, establish a trend line, buy and remain long as long as the stock remains above the trend line on a weekly basis. What to use as a trend line? Technically, I prefer to use the 10-week moving average. However, you can use a straight line - but the 10 week tends to movemore in conjunction with the movement of the stock and will tend to get you out earlier and protect more of your profits. So that's it on the stock trade. Let me know if you have any questions... On to the options trade - if you trade options, a bull call spread is a good trade to match a longer term trend trade - whereas your goal is a 100% return from the options trade - with limited risk (the value of the options). Here you go:
Well, I hope you enjoyed this week's article and I look forward to talking to some of you next weekend... Regards,
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Jay DeVincentis
Patrice V. Johnson's - J.E.D.I. Trader Explosive Stock Trader Stock Options Speculator Angelo Campione's Advantage Credit Spreads Lynn T's 1-2-3 PLUS Alert ETF Advisor Fundamental Trader Alert Daily Stock Barometer QQQQ Trader and Rydex Trader: issued by 10pm in the evening when the Barometer system issues a Buy or Sell Signal. Stock Barometer Premier Membership Click Here to visit our subscribe page learn more about any of our services. Earn Money referring us to your friends, family and other traders. Click here for details: http://www.stockbarometer.com/affiliate.aspx To ensure delivery and prevent this e-mail from being delivered to your bulk mail folder, please add our 'From' e-mail address, info@stockbarometer.com, to your address book. Important Disclosure Futures, Options, Mutual Fund, ETF and Equity trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to buy/sell Futures, Options, Mutual Funds or Equities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this Web site. The past performance of any trading system or methodology is not necessarily indicative of future results. Performance results are hypothetical. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as a lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. Investment Research Group and all individuals affiliated with Investment Research Group assume no responsibilities for your trading and investment results. Investment Research Group (IRG), as a publisher of a financial newsletter of general and regular circulation, cannot tender individual investment advice. Only a registered broker or investment adviser may advise you individually on the suitability and performance of your portfolio or specific investments. In making any investment decision, you will rely solely on your own review and examination of the fact and records relating to such investments. Past performance of our recommendations is not an indication of future performance. The publisher shall have no liability of whatever nature in respect of any claims, damages, loss, or expense arising out of or in connection with the reliance by you on the contents of our Web site, any promotion, published material, alert, or update. For a complete understanding of the risks associated with trading, see our Risk Disclosure. Copyright © 2004-2009 Investment Research
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This
week we'll take a "NEW" look at YHOO...
Trading
involves high risk. Past results are not indicative of future returns.
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