May 30, 2008
The stocks in today's report:
|
Our Performance vs. the Market |
|
|
IR* |
DIA* |
SPY* |
QQQQ* |
|
3 Months |
5.90% |
5.50% |
4.90% |
11.50% |
|
6 Months |
16.70% |
-3.70% |
-6.00% |
-10.00% |
|
1 Year |
42.10% |
-2.26% |
-6.60% |
4.29% |
|
3 Year |
22.00% |
8.40% |
10.20% |
12.38% |
|
5 year |
21.50% |
10.30% |
10.28% |
14.40% |
|
Inception |
25.00% |
1.66% |
-0.40% |
-5.70% |
|
*IR = Our Investment Rate Model used
for market Timing. Dividends are
not included in these returns.
Inception was 1.3.00. Returns as of
5.5.08. 3,5, and inception data are
annualized. |
|
Click here to Review Our Returns |
Although our trend
analysis tells us to expect the market to begin
the day with a bias to decline as it opens on
Friday, after-hours news from Dell and Marvell
Technologies suggest that the market is capable
of beginning the day with strength instead.
Regardless of the initial
direction, our targets have been defined and our trading
strategies have been implemented. To review our
current strategies and targets click here:
http://www.stocktradersdaily.com
In addition to the news from Dell
and Marvell, oil is beginning to pull back.
Included in this analysis is a review of US oil.
When your review our analysis understand that the market
and oil prices have been inversely related in the recent
past. Therefore, if the recent inverse
relationship continues, a decline in oil prices could
lead to higher market levels.
Dell (DELL)
DELL - Just like we planned.
If you were following our real time trading report for
DELL you realized that the stock recently broke above a
longer-term level of resistance and you anticipated an
aggressive upward move so long as that converted level
of support remained in tact. The after hours news
from Dell suggests that the stock is poised to increase
aggressively. In relation to our real-time trading
report, if Dell remains over converted longer-term
resistance the stock is likely to surge higher. We
have identified converted resistance as a longer-term
parameter #3 in our report. When you review our
report review that parameter first because it is a level
of inflection. For now, our report does not offer
an additional upside target because our resistance
parameter has already been broken and our buy signal has
already been realized. However, in the coming days
we will update this report with additional levels of
resistance so that you can understand where your
sell-target should be. Make sure to review this
report every day over the next week so that you don't
miss the target when it is updated. Click here for
the current report:
DELL Report
Marvell Technologies (MRVL)
MRVL is likely to trigger a strong
buy signal on Friday. In our real-time
trading report we have identified a longer-term level of
resistance. Based on after hours price quotes,
shares of MRVL are already above that level of
longer-term resistance. We have identified this as
longer-term parameter #3 in our real-time trading
report. So long as MRVL remains above longer-term
parameter #3 the stock is poised to surge higher.
A break above this inflection parameter would be a
strong buy signal, and so far that seems likely on
Friday. If you are interested in buying MRVL you
should review our report to identify this inflection
point. If the stock fails to break above
longer-term resistance the stock will reverse lower
again and back towards support levels, otherwise you'll
have a green light. Support has been defined in
our report as well. For now, bullish trading
signals are anticipated. Review our real time
report right now:
MRVL Report
US Oil ETF (USO) According
to our real-time strategic trading report, USO has
recently tested a level of longer-term resistance.
Since that test the stock has begun to decline and if
that resistance level holds the stock is likely to
continue to decline until such time as longer-term
support levels are tested. We have identified
longer-term resistance as longer-term parameter #3 in
our real-time trading report for USO. If this
resistance level remains in tact we expect the stock to
decline all the way to longer-term parameter #1; this is
longer-term support as defined in this same report.
If the price of oil is
important to your analysis of the market or to your
pocketbook the analysis offered in this report should be
extremely important to you too. When
you review our report observe the difference between
longer-term parameter #3 and longer-term parameter #1.
That difference equates to the percentage decline that
is expected if USO remains below longer-term parameter
#3. Click here:
USO Report
For details on
our Strategic Plan please login or sign up for a free trial.
Good Trading
Stock Traders Daily
http://www.stocktradersdaily.com
1.866.213.2067
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