Tim Iacono Along with another European credit downgrade by Standard & Poor’s and Greece once again edging closer to default (they’ve been edging closer to default for years now), slower growth in China is making headlines this morning, though, most nations would give their eye-teeth for an economy that is still expanding at a nine percent clip. Retail sales were up 17 percent from yea Read More...

OK, now’s the time… The Daily Momentum Trader advisory is now LIVE! Get it here right now.  This is your opportunity to lock in a limited-risk, 60-day trial of Dr. Adrian Manz’s daily day trading recos. If you’ve wanted to try your hand at becoming a full-time trader, or just want lock in bigger profits, this could be your best bet! You get 60 full days to test-drive every one of Dr Read More...

Submitted by Tyler Durden As the buy-the-ratings-downgrade-news surge on European sovereigns stalls (following a few weeks of sell-the-rumor on France for example), the ever-ready-to-comment mainstream media remains convinced that the impact is priced in and that ratings agencies are increasingly irrelevant. UBS disagrees. In a note today from their global macro team, they recognize that while th Read More...

Earnings season is now upon us and so far the only major earnings component that has been released is the J.P. Morgan earnings report that came in Friday before the market opened. After the report was digested by the marketplace, prices fell dramatically. While the charlatans in Washington try to sell the American public into believing that the U.S economy is starting to firm up, the underlying tr Read More...

AskChrisHeTrades Chris talks about a potential double top forming on the ES in his video plus he gives you some great ideas for stock plays for Tuesday! Sign Up Now for a Complete Breakdown of Current Market Conditions Updated DAILY by Veteran Trader, Adam Hewison Read More...

Fallond Stock Picks While indices continued their advance for the week, it was market breadth which made the biggest improvement. The Percentage of Nasdaq Stocks above the 50-day MA rose to 62%, leaving it on course to test resistance from late 2010, currently around 70%. The Nasdaq Bullish Percents also crossed the 50% halfway mark. Declining resistance for this index is around the 55% mark. Th Read More...

Over the past five months gold has fallen sharply and is no longer headline news which it once dominated back in 2011 when it was making new highs every day. The shiny metal has been under pressure because traders and investors started to pull some money off the table to lock in gains. Gold prices had surged so fast most advanced traders knew that final high volume surge was not sustainable. But t Read More...

Adrian Manz just put together a new video to show you how easy it is to trade using his Daily Momentum Trading Plan. Plus, he gives you SIX YEARS of his track record, broken down in extreme detail so you can conduct due diligence on his service. In the video, he goes through a bunch of trade examples for you—click here to see it now. When you watch the video, you’ll notice several things: Rema Read More...

  This past week – up across-the-board – well except for oil. The Labor Department said imports prices edged down by 0.1 percent in December after rising by an upwardly revised 0.8 percent in November. The drop was largely due to a 0.5 percent decrease in prices for fuel imports. Additionally, the report showed that export prices fell by 0.5 percent in December following a 0.1 p Read More...

Courtesy of Toddstrade Going into this next week or two I’ll be watching for AMZN long entries. The higher time frames have a strong trend in place, with trend line support.  The recent downside momentum was the largest ever, which could be an omen for things to come.  However, this shows itself as a reverse divergence on the higher (monthly) time frame which often leads to snap-back ralli Read More...

AskChrisHeTrades EUR/USD is a chart that should be heavily watched along side the /DX Dollar Futures. This chart is showing us a possible momentum shift about to happen in the EUR/USD to the downside, which is what I am expecting. If it breaks to the upside over Fridays highs, it would be real bullish in my opinion and signal a short term bottom. Only thing holding this from the downside trendl Read More...

Courtesy of Bruce Krasting  A rare occurrence in journalism happened today. Tyler Durden of Zero Hedge is in agreement with – hold on – Paul Krugman of the NY Times. Both writers point readers to the FAQ from S&P on the downgrades in Europe on Friday. Both hone in on one particular section. I’ll repeat it:  We believe that a reform process based on a pillar of fiscal auste Read More...

AC Investor Blog Let’s take a look again at Novatel Wireless, Inc.(NASDAQ:NVTL). Today, the stock traded just like the overall market.It started the day weak, but rallied to go positive and closed at the highs of the day. This could be the start of a trend reversal for NVTL. From TA view, the stock shows a bullish divergence on MACD while Stochastic look oversold. To return to rally mode, the Read More...

by Tyler Durden In an interview with Italian newspaper Milan Finanza on Saturday, JP Morgan CEO Jamie Dimon said that he could lose up to $5 billion from the firm’s exposure to the PIIGS countries. As Reuters reports, “Dimon said the bank was exposed to the five countries (PIIGS) to the tune of around $15 billion. “We fear we could lose up to $5 billion … We hope the wors Read More...

It doesn’t sound like much: 22 cents a share. That’s how much Dr. Adrian Manz’s recommendations, in his nightly Daily Momentum Trader plan, earned in potential profits, on average, each day last year. On a typical beginner trading account of $30,000, trading just 300 shares at a time, that works out to “only” $60 a day on average before fees. But it adds up… day after day, month a Read More...