Stocks Fall Under Global Slowdown Concerns

Fear gripped the markets today as investors sold heavily in the morning and shed additional shares near the close. If you have been reading FastSwings.com, then you know that I have been on hold since publishing the article ‘Stocks Recover But The Trend is Down’. The positive is that interest rates are falling to even lower lows, so refinancing for Americans is very affordable on automobiles and homes. Trading the market is a little less exciting during this time.

Interest Rates Staying in Place

The Federal Reserve finished a two day meeting and left interest rates in place instead of adjusting them upward to ward off possible inflation. The Fed board seemed to be more concerned about growth in the US than they had previously been when reporting their findings last month. European debt issues have stalled the US recovery to some degree and inflation is not a concern of the Fed at this time.

Sketchers USA (SKX) Breaking Out

Sketchers, the footwear manufacturer, has been printing money as of late and the stock has rallied nicely over the past 12 months. Most recently, it has traded in a range near its 52 week high but looks to be breaking out once again. Set to release an earnings report towards the end of July, the stock price of Sketchers USA (SKX) could move higher will improved expectations and a moderate price to earnings ratio.

Market Weakness Creates VMWare Inc (VMW) Buying Opportunity

VMWare Inc (VMW) stock has been on a nice run over the past year from a low $26.12 a share on July 8, 2009 to a recent high of $70.71. The company develops, markets, and sells the very popular software product by the same name that allows enterprises world-wide the ability to better utilize computer server space by partitioning the resources into separate virtual servers.

SanDisk Corp (SNDK) Moves Higher

In addition to great stock performance and solid earnings and revenue improvements, SanDisk (SNDK) today announced new improvements in flash memory devices while Gartner predicted rising chip sales. The flash devices of SanDisk are now moving into PC applications as replacements for hard drives and allowing netbook makers to design even smaller portable devices. The performance of the new memory products along with reliability and storage capacity make the devices ideal for many application according to reports.

Stocks Recover But The Trend is Down Stocks have held in a good range this week with the Dow Jones Industrial average moving between 10,200 and 9,800. Longer term, the indexes are still in a down trend until there is a good break to the upside. The current trend started on May 4th with the average breaking below 11,000 and has continued downward to the low this week of 9,800, Due mostly to fear that the Euro will no longer be a currency and European countries will have serious debt issues for years to come. One could say that the five week chart presents a bottom formation already but I would consider today’s improvement as the first leg of a bottom formation on a three month chart.

If you examine the 3 month index charts on the home page of ClearStation.com that is precisely what you see, a single leg of a ‘W’ bottom formation. Wait for the sell indicators to move to a hold position before considering any type of position purchase. When the trend indicators at ClearStation.com change to green, you...

A Brief Guide to Options to Swing Trade

Option swing trading is advantageous as it enables you to maximize potential rewards while minimizing potential risks. Those involved in option swing trading are able to leverage their investments by purchasing and selling in a variety of combinations. Options are termed wasting assets: time significantly impacts option prices and trade profitability. The value of the options falls as their expiration date nears. Investors must therefore liquidate their positions prior to option expiration if they realized their profits. Unprofitable options expire on the final trading day of that particular option.

Autozone (AZO) Climbs as Earnings Approach

Despite a slight sell off down to the $175 a share range along with the market swoon Monday this week, the stock of Autozone (AZO)continues to perform and is close once again to a new 52 week high. The stock has moved back to $185 over the past three days within reach of the current year period high of $187.94. With earnings season approaching, the stock should behave well over the near term.

Markets Fall and Will Fall Further

The markets began correcting at the end of April with three out of four of the market stock indexes now giving a sell signal. Taking a look at the ClearStation.com index charts present on their home page, you can clearly see the top formations and the hold signals at the end of April this year. The sell signals all came yesterday on the major downturn for the markets with the Nasdaq Composite, the Down Jones Industrials, and the Standard & Poors 500 all in the red today.

Goldman Sachs (GS) Earnings Improve

I recently wrote about exiting a Goldman Sachs (GS) position because the earnings expectations were falling weekly leading up to an earnings release. Well let’s state for the record that selling a Goldman position before a government criminal probe is something that is lucky and makes for good conversation with wide smiles. But the odd thing about the stock movement down is the earnings estimates have now become very attractive.