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KISS & Stocks

(Keep It Simple Stupid)

If you don’t understand a term look in up at Investopedia.com dictionary

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING!

DOUBLE CHECK ALL DATA, I MAKE MORE THAN GRAMMAR MISTAKES

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Technicals, Fundamentals & Analysis

Investors411 record - 6 years of beating benchmark S&P 500

  • Unch – Is the universal Wall Street signal for unchange. Outlook same as yesterday.
  • Watch the dollar – tracking ETF –  UUP If it continues to move higher then this would be bearish for US stocks.

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Paul’s Corner

Market internals based on Fridays close showed the market was in neutral. Monday we saw a lack luster open and the market traded sideways, oil crept up and over $100 bbl while the dollar rose too. Talking heads stressed last weeks commodity sell off wasn’t on fundamental changes. Is $130 bbl coming soon? More Libya rumors raised prices late in trading and gasoline is suffering due to concerns of flooding on the lower Mississippi.

Looking at the charts it appears the daily QE2 infusion hit the market about noon and the market closed on a positive note. The chem-fert stock group up 2.1% with  LXU leading the say. The “oil stocks” came back to life today in a strong group move, see the HGSI chart:

LINK

The CME raised margin requirements late Monday, so MYBE A dip in the oils.

Let’s take a look at YSL 4 & 4.5, % gain is for Monday, one day.

  • BEXP correcting, in the buy the dip position, below the 50 up 3.6%
  • CPHD sitting above the 17 buyable up 2.8%
  • ADTN correcting nicely, several good days with move up in the Bollinger band up 2.4%
  • POT chart not impressive, correcting not buyable, up 2.0% with the chem-fert group.
  • PCLN backing off  up 2.0%
  • ABC superb chart up 1.8% buyable on any dip
  • SAP correcting, sitting on the 50 up 1.8%
  • LYB buyable in the dip, sitting above the 50 up 1%
  • RNOW buyable, above the 50 in a dip up 1%
  • BIDU in a dip up 1%
  • RVBD floating around elsewhere in free space, basing, for those with spare cash and strong stomach , up 0.7%
  • JNPR correcting, still, up 0.4%
  • SPRD woof! up .04%  with  help from an upgrade by BAC. Needs to form a base.
  • KSU correcting towards the 50, up 0.3% Indicators turning red.
  • ALTR great chart, doji candlestick, up 0.2%
  • SWKS another great stock floating around in space, up 0.2% buyable with a strong stomach
  • IMAX Ok chart, extended, doji candle stick (Indecision) DOWN -0.2%

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING

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Look for Paul’s Corner every Tuesday and Thursday and more in the comments section of blog

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Longer Term Outlook

CAUTIOUSLY BULLISH

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING

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