Microsoft (MSFT) confirmed a major buy signal today with an up day following its break of the 200 day MA.
The buying seems to be coming primarily from institutional investors. According to Market Intellisearch, "Block trades serve as a useful indicator for investors trying to understand the sentiment of large financial institutions. Yesterday, a total of 260 block trades were recorded, typically at least 10,000 shares of stock or more represent a single block unit. Further examination into yesterday's trading activity reveals that the bought value of the shares was $8,502,013 and the sold value was $1,919,471. The Bought/Sold ratio for shares of Microsoft, is 4.43, representing a positive net cash flow of $177,452,304 into the stock. "
Microsoft reported a big improvement in business sales which offset soft home PC sales.
Some, such as International Data Corporation, are predicting Americans will buy 2.5 million to 3 million Kinect sensors for their Microsoft Xbox 360 video game consoles in the fourth calendar quarter of 2010.
Kinect launches in North America on Thursday, November 4, and is bundled with a copy of Kinect Adventures! for $149.99. This advanced motion-based interface is designed to make console video gaming experiences more intuitive and active for the whole family, and may be described as Microsoft's response to the very successful Nintendo Wii platform, which has supported motion gaming since its 2006 debut.
Daily Chart of Microsoft (MSFT)
The Bullish Head and Shoulders Bottom suggests that a bottom has been put in place.
The breaking of the 200 day moving average confirms the bullish reversal pattern.
The StochRSI, MACD, CMF, AROON, Accum/Dist, and ADX are all bullish.
I give this stock a strong uptrend rating and will add it to the Guerilla Stock Trading portfolio as our first buy for the month of November.
Disclosure: I do not hold any Microsoft stock at the time of publishing this article.
Microsoft (MSFT) confirmed a major buy signal today with an up day following its break of the 200 day MA.
The buying seems to be coming primarily from institutional investors. According to Market Intellisearch, "Block trades serve as a useful indicator for investors trying to understand the sentiment of large financial institutions. Yesterday, a total of 260 block trades were recorded, typically at least 10,000 shares of stock or more represent a single block unit. Further examination into yesterday's trading activity reveals that the bought value of the shares was $8,502,013 and the sold value was $1,919,471. The Bought/Sold ratio for shares of Microsoft, is 4.43, representing a positive net cash flow of $177,452,304 into the stock. "
Microsoft reported a big improvement in business sales which offset soft home PC sales.
Some, such as International Data Corporation, are predicting Americans will buy 2.5 million to 3 million Kinect sensors for their Microsoft Xbox 360 video game consoles in the fourth calendar quarter of 2010.
Kinect launches in North America on Thursday, November 4, and is bundled with a copy of Kinect Adventures! for $149.99. This advanced motion-based interface is designed to make console video gaming experiences more intuitive and active for the whole family, and may be described as Microsoft's response to the very successful Nintendo Wii platform, which has supported motion gaming since its 2006 debut.
Daily Chart of Microsoft (MSFT)
The Bullish Head and Shoulders Bottom suggests that a bottom has been put in place.
The breaking of the 200 day moving average confirms the bullish reversal pattern.
The StochRSI, MACD, CMF, AROON, Accum/Dist, and ADX are all bullish.
I give this stock a strong uptrend rating and will add it to the Guerilla Stock Trading portfolio as our first buy for the month of November.
For a FREE daily email alert on the trend of Microsoft (MSFT) click here. Just leave the NASDAQ_MSFT in for the symbol and enter your name and email address.
Disclosure: I do not hold any Microsoft stock at the time of publishing this article.
Microsoft (MSFT) confirmed a major buy signal today with an up day following its break of the 200 day MA.
The buying seems to be coming primarily from institutional investors. According to Market Intellisearch, "Block trades serve as a useful indicator for investors trying to understand the sentiment of large financial institutions. Yesterday, a total of 260 block trades were recorded, typically at least 10,000 shares of stock or more represent a single block unit. Further examination into yesterday's trading activity reveals that the bought value of the shares was $8,502,013 and the sold value was $1,919,471. The Bought/Sold ratio for shares of Microsoft, is 4.43, representing a positive net cash flow of $177,452,304 into the stock. "
Microsoft reported a big improvement in business sales which offset soft home PC sales.
Some, such as International Data Corporation, are predicting Americans will buy 2.5 million to 3 million Kinect sensors for their Microsoft Xbox 360 video game consoles in the fourth calendar quarter of 2010.
Kinect launches in North America on Thursday, November 4, and is bundled with a copy of Kinect Adventures! for $149.99. This advanced motion-based interface is designed to make console video gaming experiences more intuitive and active for the whole family, and may be described as Microsoft's response to the very successful Nintendo Wii platform, which has supported motion gaming since its 2006 debut.
Daily Chart of Microsoft (MSFT)
The Bullish Head and Shoulders Bottom suggests that a bottom has been put in place.
The breaking of the 200 day moving average confirms the bullish reversal pattern.
The StochRSI, MACD, CMF, AROON, Accum/Dist, and ADX are all bullish.
I give this stock a strong uptrend rating and will add it to the Guerilla Stock Trading portfolio as our first buy for the month of November.
For a FREE daily email alert on the trend of Microsoft (MSFT) click here. Just leave the NASDAQ_MSFT in for the symbol and enter your name and email address.
Disclosure: I do not hold any Microsoft stock at the time of publishing this article.
My latest buy is the China Consumer ETF (CHIQ). This is an interesting investment on China's rapidly growing middle class. CHIQ seeks to provide investment results that correspond generally to the price and yield performance of the S-BOX China Consumer Index. This index is designed to measure performance of the investable universe of companies in the Consumer sector of the Chinese economy.
The Obama Administration told China last month that it could no longer rely on the U.S. consumer to drive its rapid growth. China needs to work on growing its own, internal, domestic demand for goods and services.
The Chinese government seems to have taken this message to heart.
Last month there were huge worker protests for better wages.
China's typical response would have been something horrifying to we Americans that involved running over people in tanks, or throwing them in prison to squash the protest.
To China's credit, that didn't happen.
What did happen is that the Chinese government ordered the raising of these workers wages.
China doesn't want to depend on the U.S. consumer for all its GDP. China wants to be independent from the control of the U.S. or any country.
The way that China can accomplish this is by supporting the growth of its own middle class.
China is shifting from a manufacturing hotspot to the new champion of consumerism.
Approximately 70% of all Chinese citizens will live in or near cities by 2015. This is a dramatic leap upwards from the 43% of urban dwellers recorded in 2006. This urbanization is helping fuel the growing ranks of wealthy Chinese. Recent worker strikes this past spring have also resulted in higher wages. Total household wealth is estimated to more than double to nearly $35 trillion by 2015. The nation will surpass Japan to become the country with the second highest household wealth in the world.
And boy does China like to shop! Analysts at McKinsey & Co. discovered that over 70% of Chinese consumers viewed shopping as a leisure activity, nearly 45% said it as one of their favorite hobbies, and over 50% said it was one of the best ways of spending quality time with family!
The Chinese consumer is getting more comfortable with having debt. Credit card balances in China rose more than 17% in 2009.
With China's government handing out subsidies on everything from cars to new appliances, China's consumer culture will continue to grow.
In the video below, I look at the stock chart of Global X China Consumer ETF (CHIQ) and why I bought this ETF a few hours ago.
My latest buy is the China Consumer ETF (CHIQ). This is an interesting investment on China's rapidly growing middle class. CHIQ seeks to provide investment results that correspond generally to the price and yield performance of the S-BOX China Consumer Index. This index is designed to measure performance of the investable universe of companies in the Consumer sector of the Chinese economy.
The Obama Administration told China last month that it could no longer rely on the U.S. consumer to drive its rapid growth. China needs to work on growing its own, internal, domestic demand for goods and services.
The Chinese government seems to have taken this message to heart.
Last month there were huge worker protests for better wages.
China's typical response would have been something horrifying to we Americans that involved running over people in tanks, or throwing them in prison to squash the protest.
To China's credit, that didn't happen.
What did happen is that the Chinese government ordered the raising of these workers wages.
China doesn't want to depend on the U.S. consumer for all its GDP. China wants to be independent from the control of the U.S. or any country.
The way that China can accomplish this is by supporting the growth of its own middle class.
China is shifting from a manufacturing hotspot to the new champion of consumerism.
Approximately 70% of all Chinese citizens will live in or near cities by 2015. This is a dramatic leap upwards from the 43% of urban dwellers recorded in 2006. This urbanization is helping fuel the growing ranks of wealthy Chinese. Recent worker strikes this past spring have also resulted in higher wages. Total household wealth is estimated to more than double to nearly $35 trillion by 2015. The nation will surpass Japan to become the country with the second highest household wealth in the world.
And boy does China like to shop! Analysts at McKinsey & Co. discovered that over 70% of Chinese consumers viewed shopping as a leisure activity, nearly 45% said it as one of their favorite hobbies, and over 50% said it was one of the best ways of spending quality time with family!
The Chinese consumer is getting more comfortable with having debt. Credit card balances in China rose more than 17% in 2009.
With China's government handing out subsidies on everything from cars to new appliances, China's consumer culture will continue to grow.
In the video below, I look at the stock chart of Global X China Consumer ETF (CHIQ) and why I bought this ETF a few hours ago.
For a FREE daily email alert on the trend of Global X China Consumer ETF (CHIQ) click here. Just leave the PACF_CHIQ in for the symbol and enter your name and email address.For a FREE daily email alert on the trend of Global X China Consumer ETF (CHIQ) click here. Just leave the PACF_CHIQ in for the symbol and enter your name and email address.
My latest buy is the China Consumer ETF (CHIQ). This is an interesting investment on China's rapidly growing middle class. CHIQ seeks to provide investment results that correspond generally to the price and yield performance of the S-BOX China Consumer Index. This index is designed to measure performance of the investable universe of companies in the Consumer sector of the Chinese economy.
The Obama Administration told China last month that it could no longer rely on the U.S. consumer to drive its rapid growth. China needs to work on growing its own, internal, domestic demand for goods and services.
The Chinese government seems to have taken this message to heart.
Last month there were huge worker protests for better wages.
China's typical response would have been something horrifying to we Americans that involved running over people in tanks, or throwing them in prison to squash the protest.
To China's credit, that didn't happen.
What did happen is that the Chinese government ordered the raising of these workers wages.
China doesn't want to depend on the U.S. consumer for all its GDP. China wants to be independent from the control of the U.S. or any country.
The way that China can accomplish this is by supporting the growth of its own middle class.
China is shifting from a manufacturing hotspot to the new champion of consumerism.
Approximately 70% of all Chinese citizens will live in or near cities by 2015. This is a dramatic leap upwards from the 43% of urban dwellers recorded in 2006. This urbanization is helping fuel the growing ranks of wealthy Chinese. Recent worker strikes this past spring have also resulted in higher wages. Total household wealth is estimated to more than double to nearly $35 trillion by 2015. The nation will surpass Japan to become the country with the second highest household wealth in the world.
And boy does China like to shop! Analysts at McKinsey & Co. discovered that over 70% of Chinese consumers viewed shopping as a leisure activity, nearly 45% said it as one of their favorite hobbies, and over 50% said it was one of the best ways of spending quality time with family!
The Chinese consumer is getting more comfortable with having debt. Credit card balances in China rose more than 17% in 2009.
With China's government handing out subsidies on everything from cars to new appliances, China's consumer culture will continue to grow.
In the video below, I look at the stock chart of Global X China Consumer ETF (CHIQ) and why I bought this ETF a few hours ago.
For a FREE daily email alert on the trend of Global X China Consumer ETF (CHIQ) click here. Just leave the PACF_CHIQ in for the symbol and enter your name and email address.For a FREE daily email alert on the trend of Global X China Consumer ETF (CHIQ) click here. Just leave the PACF_CHIQ in for the symbol and enter your name and email address.
My latest pick is on a commodity that looks ready to explode over the next 12 months: lithium.
This commodity has more uses that any other on the planet. It can be used as a lubricant or a propellant, it's even used as a coolant for nuclear reactors and in some medicines.
Lithium is a unique element that has has half the density of water and the highest specific heat of any solid. Industrial manufacturers are willing to pay hundreds of millions each year for these properties alone.
You don't hear about lithium as much as you do other raw materials because it doesn't trade on any of the world's commodities exchanges. Lithium's price tripled between 2005 and 2009, and producers are spending big bucks on expansion projects to extract even more from the ground and the seas.
Lithium's Energy Properties
What's making lithium demand explode within the next 12 months is technology. Cell phones, Android smartphones, iPhones, iPads, iPods, Kindle, you name it, all use lithium based batteries. And the demand for these devices is exploding upward.
Pound for pound, lithium can store more electric energy than any other material which is why it is a must have for battery manufacturers.
In China alone, nearly 1.9 billion lithium-ion batteries rolled off assembly lines in 2009, an +82% surge from the prior year's production.
Apple (AAPL) uses lithium batteries to power iPads, iPods and iPhones. Even the MacBook Pro line of laptops uses advanced lithium-polymer batteries that are ultra-slim and capable of running 10 hours on a single charge.
President Obama and most Democrats are for the adoption of hybrid and plug-in vehicles. The President outlined an ambitious goal of putting one million electric cars on the road by 2015, and 10 times that amount by 2018. The government has given out $2.4 billion for battery development and $25 billion to help get automakers on board.
Global production of electric/hybrid vehicles could surpass 200 million units per year by 2020. That's a lot of car batteries and another reason why the world has become increasingly hungry for lithium.
How do you invest in lithium?
Just 8 weeks ago, a new lithium ETF opened its doors for business. Global X Lithium ETF (LIT)
Daily Chart of Global X Lithium ETF (LIT)
This ETF hasn't been around long enough to give us a good amount of chart data to work with. But from the data we do have, it's pretty clear that LIT is in a strong uptrend.
That Bearish Engulfing like candlestick at the top might signal a short term pullback which would make for an even better entry. But being this is a long term hold, and it's in a strong uptrend, timing a short term pullback is not really central to our strategy of making money here.
I'm adding LIT to the Guerilla Stock Trading website as a long term hold. Currently, I have not purchased LIT at the time of publishing this article but that will probably change quickly.
Here's a video I made for you to rock out (pun) to on my latest lithium stock pick LIT. Enjoy!
Disclosure: I do not hold any shares in LIT at the time of publishing this article.
My latest pick is on a commodity that looks ready to explode over the next 12 months: lithium.
This commodity has more uses that any other on the planet. It can be used as a lubricant or a propellant, it's even used as a coolant for nuclear reactors and in some medicines.
Lithium is a unique element that has has half the density of water and the highest specific heat of any solid. Industrial manufacturers are willing to pay hundreds of millions each year for these properties alone.
You don't hear about lithium as much as you do other raw materials because it doesn't trade on any of the world's commodities exchanges. Lithium's price tripled between 2005 and 2009, and producers are spending big bucks on expansion projects to extract even more from the ground and the seas.
Lithium's Energy Properties
What's making lithium demand explode within the next 12 months is technology. Cell phones, Android smartphones, iPhones, iPads, iPods, Kindle, you name it, all use lithium based batteries. And the demand for these devices is exploding upward.
Pound for pound, lithium can store more electric energy than any other material which is why it is a must have for battery manufacturers.
In China alone, nearly 1.9 billion lithium-ion batteries rolled off assembly lines in 2009, an +82% surge from the prior year's production.
Apple (AAPL) uses lithium batteries to power iPads, iPods and iPhones. Even the MacBook Pro line of laptops uses advanced lithium-polymer batteries that are ultra-slim and capable of running 10 hours on a single charge.
President Obama and most Democrats are for the adoption of hybrid and plug-in vehicles. The President outlined an ambitious goal of putting one million electric cars on the road by 2015, and 10 times that amount by 2018. The government has given out $2.4 billion for battery development and $25 billion to help get automakers on board.
Global production of electric/hybrid vehicles could surpass 200 million units per year by 2020. That's a lot of car batteries and another reason why the world has become increasingly hungry for lithium.
How do you invest in lithium?
Just 8 weeks ago, a new lithium ETF opened its doors for business. Global X Lithium ETF (LIT)
Daily Chart of Global X Lithium ETF (LIT)
This ETF hasn't been around long enough to give us a good amount of chart data to work with. But from the data we do have, it's pretty clear that LIT is in a strong uptrend.
That Bearish Engulfing like candlestick at the top might signal a short term pullback which would make for an even better entry. But being this is a long term hold, and it's in a strong uptrend, timing a short term pullback is not really central to our strategy of making money here.
I'm adding LIT to the Guerilla Stock Trading website as a long term hold. Currently, I have not purchased LIT at the time of publishing this article but that will probably change quickly.
Here's a video I made for you to rock out (pun) to on my latest lithium stock pick LIT. Enjoy!
For a FREE daily email alert on Global X Lithium ETF (LIT) click here. Just leave the PACF_LIT in for the symbol and enter your name and email address.For a FREE daily email alert on Global X Lithium ETF (LIT) click here. Just leave the PACF_LIT in for the symbol and enter your name and email address.
Disclosure: I do not hold any shares in LIT at the time of publishing this article.
My latest pick is on a commodity that looks ready to explode over the next 12 months: lithium.
This commodity has more uses that any other on the planet. It can be used as a lubricant or a propellant, it's even used as a coolant for nuclear reactors and in some medicines.
Lithium is a unique element that has has half the density of water and the highest specific heat of any solid. Industrial manufacturers are willing to pay hundreds of millions each year for these properties alone.
You don't hear about lithium as much as you do other raw materials because it doesn't trade on any of the world's commodities exchanges. Lithium's price tripled between 2005 and 2009, and producers are spending big bucks on expansion projects to extract even more from the ground and the seas.
Lithium's Energy Properties
What's making lithium demand explode within the next 12 months is technology. Cell phones, Android smartphones, iPhones, iPads, iPods, Kindle, you name it, all use lithium based batteries. And the demand for these devices is exploding upward.
Pound for pound, lithium can store more electric energy than any other material which is why it is a must have for battery manufacturers.
In China alone, nearly 1.9 billion lithium-ion batteries rolled off assembly lines in 2009, an +82% surge from the prior year's production.
Apple (AAPL) uses lithium batteries to power iPads, iPods and iPhones. Even the MacBook Pro line of laptops uses advanced lithium-polymer batteries that are ultra-slim and capable of running 10 hours on a single charge.
President Obama and most Democrats are for the adoption of hybrid and plug-in vehicles. The President outlined an ambitious goal of putting one million electric cars on the road by 2015, and 10 times that amount by 2018. The government has given out $2.4 billion for battery development and $25 billion to help get automakers on board.
Global production of electric/hybrid vehicles could surpass 200 million units per year by 2020. That's a lot of car batteries and another reason why the world has become increasingly hungry for lithium.
How do you invest in lithium?
Just 8 weeks ago, a new lithium ETF opened its doors for business. Global X Lithium ETF (LIT)
Daily Chart of Global X Lithium ETF (LIT)
This ETF hasn't been around long enough to give us a good amount of chart data to work with. But from the data we do have, it's pretty clear that LIT is in a strong uptrend.
That Bearish Engulfing like candlestick at the top might signal a short term pullback which would make for an even better entry. But being this is a long term hold, and it's in a strong uptrend, timing a short term pullback is not really central to our strategy of making money here.
I'm adding LIT to the Guerilla Stock Trading website as a long term hold. Currently, I have not purchased LIT at the time of publishing this article but that will probably change quickly.
Here's a video I made for you to rock out (pun) to on my latest lithium stock pick LIT. Enjoy!
For a FREE daily email alert on Global X Lithium ETF (LIT) click here. Just leave the PACF_LIT in for the symbol and enter your name and email address.For a FREE daily email alert on Global X Lithium ETF (LIT) click here. Just leave the PACF_LIT in for the symbol and enter your name and email address.
Disclosure: I do not hold any shares in LIT at the time of publishing this article.
I told you back on September 24th 2010 that Google was in a strong uptrend. Man did I nail this one.
After market close, Google (GOOG) reported revenue increased by 32%!
What?!
Yeah, giant Google is back to 2004 type growth.
During a conference call with analysts, Google said sales of its display ads, which include those on YouTube, are headed to $2.5 billion annually. Its mobile advertising businesses are on pace to bring in $1 billion in revenue annually.
Google is the future folks, not Apple. Apple will most likely implode from its own selfish and arrogant business model. Apple has lost massive market share to Android based smartphones and you ain't seen nothing yet folks. Wait tell you see Google TV. Apple TV failed. Google TV won't. Google TV is going to make a lot of money for Google Adsense and Google Adwords users. It's going to put YouTube Guerilla Stock Trading videos right along side CNBC news and Mad Money TV episodes. As Google affiliates make more money by expanding their reach of viewers, Google takes a little money off the top of every transaction.
Google is a bell-weather stock which is a relatively recent development. Google has joined the elite ranks of stocks like Intel. This is not a subjective statement. In the video below, I show a monthly chart of the S&P 500 and Google. You can see how Google leads the S&P 500 by up to 12 weeks.
Google also has formed a Bullish Head and Shoulders bottom.
I told you back on September 24th 2010 that Google was in a strong uptrend. Man did I nail this one.
After market close, Google (GOOG) reported revenue increased by 32%!
What?!
Yeah, giant Google is back to 2004 type growth.
During a conference call with analysts, Google said sales of its display ads, which include those on YouTube, are headed to $2.5 billion annually. Its mobile advertising businesses are on pace to bring in $1 billion in revenue annually.
Google is the future folks, not Apple. Apple will most likely implode from its own selfish and arrogant business model. Apple has lost massive market share to Android based smartphones and you ain't seen nothing yet folks. Wait tell you see Google TV. Apple TV failed. Google TV won't. Google TV is going to make a lot of money for Google Adsense and Google Adwords users. It's going to put YouTube Guerilla Stock Trading videos right along side CNBC news and Mad Money TV episodes. As Google affiliates make more money by expanding their reach of viewers, Google takes a little money off the top of every transaction.
Google is a bell-weather stock which is a relatively recent development. Google has joined the elite ranks of stocks like Intel. This is not a subjective statement. In the video below, I show a monthly chart of the S&P 500 and Google. You can see how Google leads the S&P 500 by up to 12 weeks.
Google also has formed a Bullish Head and Shoulders bottom.
Google is headed back up to test $620 resistance.
For a FREE daily email alert on Google (GOOG) and the current trend, click here. Just leave the NASDAQ_GOOG in for the symbol and enter your name and email address.For a FREE daily email alert on Google (GOOG) and the current trend, click here. Just leave the NASDAQ_GOOG in for the symbol and enter your name and email address.
I told you back on September 24th 2010 that Google was in a strong uptrend. Man did I nail this one.
After market close, Google (GOOG) reported revenue increased by 32%!
What?!
Yeah, giant Google is back to 2004 type growth.
During a conference call with analysts, Google said sales of its display ads, which include those on YouTube, are headed to $2.5 billion annually. Its mobile advertising businesses are on pace to bring in $1 billion in revenue annually.
Google is the future folks, not Apple. Apple will most likely implode from its own selfish and arrogant business model. Apple has lost massive market share to Android based smartphones and you ain't seen nothing yet folks. Wait tell you see Google TV. Apple TV failed. Google TV won't. Google TV is going to make a lot of money for Google Adsense and Google Adwords users. It's going to put YouTube Guerilla Stock Trading videos right along side CNBC news and Mad Money TV episodes. As Google affiliates make more money by expanding their reach of viewers, Google takes a little money off the top of every transaction.
Google is a bell-weather stock which is a relatively recent development. Google has joined the elite ranks of stocks like Intel. This is not a subjective statement. In the video below, I show a monthly chart of the S&P 500 and Google. You can see how Google leads the S&P 500 by up to 12 weeks.
Google also has formed a Bullish Head and Shoulders bottom.
Google is headed back up to test $620 resistance.
For a FREE daily email alert on Google (GOOG) and the current trend, click here. Just leave the NASDAQ_GOOG in for the symbol and enter your name and email address.For a FREE daily email alert on Google (GOOG) and the current trend, click here. Just leave the NASDAQ_GOOG in for the symbol and enter your name and email address.
I bought Starbucks today around $27. I see some good upside potential here folks.
Starbucks is increasingly making money from its out-of-store products that can be found in grocery stores and restaurants.
Starbucks has a new product called Via. After 1 year, it's profit neutral, bringing in $100,000,000 in sales. As a comparison, it took Frappuccino, Starbuck's most popular item, 3 years to bring in $100,000,000.
The profit margin on in-store sales is around 15%. The profit margin on product sales from grocery stores and restaurants is 30%.
Via is expected to reach $1 billion in sales by 2015.
Some had speculated that Starbucks would be in trouble due to the rising cost of coffee beans. Starbucks announced they would raise the price on their coffee.
Some key analysts and financial institutions have raised their earnings forecast for Starbucks.
In the video below, I look at the fundamental news that drove today's buying and I examine the stock chart.
There was huge buying today and the MACD just went positive.
Another key indicator, the ADX, had a bullish cross today.
I bought Starbucks today around $27. I see some good upside potential here folks.
Starbucks is increasingly making money from its out-of-store products that can be found in grocery stores and restaurants.
Starbucks has a new product called Via. After 1 year, it's profit neutral, bringing in $100,000,000 in sales. As a comparison, it took Frappuccino, Starbuck's most popular item, 3 years to bring in $100,000,000.
The profit margin on in-store sales is around 15%. The profit margin on product sales from grocery stores and restaurants is 30%.
Via is expected to reach $1 billion in sales by 2015.
Some had speculated that Starbucks would be in trouble due to the rising cost of coffee beans. Starbucks announced they would raise the price on their coffee.
Some key analysts and financial institutions have raised their earnings forecast for Starbucks.
In the video below, I look at the fundamental news that drove today's buying and I examine the stock chart.
There was huge buying today and the MACD just went positive.
Another key indicator, the ADX, had a bullish cross today.
For a FREE daily email alert on Starbucks (SBUX) and the current trend, click here. Just leave the NASDAQ_SBUX in for the symbol and enter your name and email address.For a FREE daily email alert on Starbucks (SBUX) and the current trend, click here. Just leave the NASDAQ_SBUX in for the symbol and enter your name and email address.
I bought Starbucks today around $27. I see some good upside potential here folks.
Starbucks is increasingly making money from its out-of-store products that can be found in grocery stores and restaurants.
Starbucks has a new product called Via. After 1 year, it's profit neutral, bringing in $100,000,000 in sales. As a comparison, it took Frappuccino, Starbuck's most popular item, 3 years to bring in $100,000,000.
The profit margin on in-store sales is around 15%. The profit margin on product sales from grocery stores and restaurants is 30%.
Via is expected to reach $1 billion in sales by 2015.
Some had speculated that Starbucks would be in trouble due to the rising cost of coffee beans. Starbucks announced they would raise the price on their coffee.
Some key analysts and financial institutions have raised their earnings forecast for Starbucks.
In the video below, I look at the fundamental news that drove today's buying and I examine the stock chart.
There was huge buying today and the MACD just went positive.
Another key indicator, the ADX, had a bullish cross today.
For a FREE daily email alert on Starbucks (SBUX) and the current trend, click here. Just leave the NASDAQ_SBUX in for the symbol and enter your name and email address.For a FREE daily email alert on Starbucks (SBUX) and the current trend, click here. Just leave the NASDAQ_SBUX in for the symbol and enter your name and email address.
My number one hot stock pick LDK Solar (LDK) explodes upward this morning after the solar wafer and cell maker raised its revenue and shipment outlook for the third quarter.
LDK Solar expects to report revenue in the range of $610 to $640 million, compared with a previous range of $570 to $600 million. Analysts polled by Thomson Reuters currently expect revenue of $580.6 million.
The company said it expects wafer shipments of 550 to 570 megawatts and module shipments of 80 MW to 90 MW. The company previously expected wafer shipments of 520 to 550 megawatts and module shipments of 75 to 85 megawatts.
Daily Chart Of LDK
This stock continues to be in a strong uptrend. My entry was a Fibonacci 38.2% retracement. We have had a nice bounce off that level.
All the technical indicators below the chart are bullish. Notice the beautiful Accum/Dist which suggests investors are accumulating this stock on pullbacks hence the strong bounce off the Fib. 38.2% retracement level.
I expect the strong uptrend in this stock to continue.
My number one hot stock pick LDK Solar (LDK) explodes upward this morning after the solar wafer and cell maker raised its revenue and shipment outlook for the third quarter.
LDK Solar expects to report revenue in the range of $610 to $640 million, compared with a previous range of $570 to $600 million. Analysts polled by Thomson Reuters currently expect revenue of $580.6 million.
The company said it expects wafer shipments of 550 to 570 megawatts and module shipments of 80 MW to 90 MW. The company previously expected wafer shipments of 520 to 550 megawatts and module shipments of 75 to 85 megawatts.
Daily Chart Of LDK
This stock continues to be in a strong uptrend. My entry was a Fibonacci 38.2% retracement. We have had a nice bounce off that level.
All the technical indicators below the chart are bullish. Notice the beautiful Accum/Dist which suggests investors are accumulating this stock on pullbacks hence the strong bounce off the Fib. 38.2% retracement level.
I expect the strong uptrend in this stock to continue.
For a daily email alert on LDK Solar and when it's the time to sell and take your profits, click here. Just leave the NYSE_LDK in for the symbol and put in your name and email address
My number one hot stock pick LDK Solar (LDK) explodes upward this morning after the solar wafer and cell maker raised its revenue and shipment outlook for the third quarter.
LDK Solar expects to report revenue in the range of $610 to $640 million, compared with a previous range of $570 to $600 million. Analysts polled by Thomson Reuters currently expect revenue of $580.6 million.
The company said it expects wafer shipments of 550 to 570 megawatts and module shipments of 80 MW to 90 MW. The company previously expected wafer shipments of 520 to 550 megawatts and module shipments of 75 to 85 megawatts.
Daily Chart Of LDK
This stock continues to be in a strong uptrend. My entry was a Fibonacci 38.2% retracement. We have had a nice bounce off that level.
All the technical indicators below the chart are bullish. Notice the beautiful Accum/Dist which suggests investors are accumulating this stock on pullbacks hence the strong bounce off the Fib. 38.2% retracement level.
I expect the strong uptrend in this stock to continue.
For a daily email alert on LDK Solar and when it's the time to sell and take your profits, click here. Just leave the NYSE_LDK in for the symbol and put in your name and email address
The PowerShares DB Agriculture Fund (DBA) ETF exploded through resistance on Friday, October 8th 2010.
What started this latest leg up was the U.S. Department of Agriculture on Friday cutting the size of its corn crop forecast. Lower supply and higher demand has forced the cost of corn higher.
DBA also holds wheat futures which rose in August after the USDA significantly reduced the size of the projected wheat crop in the former Soviet Union, knocking 13.5 million tons off production in the region. Russia went from 53 million tons to 45 million tons; Ukraine, from 20 million to 17 million; and Kazakhstan, from 14 million to 11.5 million. The supply of wheat is estimated to drop by 25% due to the drought in Russia and the former Soviet Union.
Daily Chart Of The PowerShares DB Agriculture Fund ETF (DBA)
Huge hedge fund and institutional buying took place in DBA on Friday. But it wasn't just DBA, agriculture stocks all had huge gains. When you see an entire sector go up like this, it means that institutions are in there buying. Amateur traders do not have the purchasing power nor are they concentrated buyers to move an entire sector.
The PowerShares DB Agriculture Fund (DBA) ETF exploded through resistance on Friday, October 8th 2010.
What started this latest leg up was the U.S. Department of Agriculture on Friday cutting the size of its corn crop forecast. Lower supply and higher demand has forced the cost of corn higher.
DBA also holds wheat futures which rose in August after the USDA significantly reduced the size of the projected wheat crop in the former Soviet Union, knocking 13.5 million tons off production in the region. Russia went from 53 million tons to 45 million tons; Ukraine, from 20 million to 17 million; and Kazakhstan, from 14 million to 11.5 million. The supply of wheat is estimated to drop by 25% due to the drought in Russia and the former Soviet Union.
Daily Chart Of The PowerShares DB Agriculture Fund ETF (DBA)
Huge hedge fund and institutional buying took place in DBA on Friday. But it wasn't just DBA, agriculture stocks all had huge gains. When you see an entire sector go up like this, it means that institutions are in there buying. Amateur traders do not have the purchasing power nor are they concentrated buyers to move an entire sector.
For a FREE daily email alert on DBA and when the uptrend ends and you should sell and take profits, click here. Just leave the PACF_DBA in as the symbol and enter your name and email address.
The PowerShares DB Agriculture Fund (DBA) ETF exploded through resistance on Friday, October 8th 2010.
What started this latest leg up was the U.S. Department of Agriculture on Friday cutting the size of its corn crop forecast. Lower supply and higher demand has forced the cost of corn higher.
DBA also holds wheat futures which rose in August after the USDA significantly reduced the size of the projected wheat crop in the former Soviet Union, knocking 13.5 million tons off production in the region. Russia went from 53 million tons to 45 million tons; Ukraine, from 20 million to 17 million; and Kazakhstan, from 14 million to 11.5 million. The supply of wheat is estimated to drop by 25% due to the drought in Russia and the former Soviet Union.
Daily Chart Of The PowerShares DB Agriculture Fund ETF (DBA)
Huge hedge fund and institutional buying took place in DBA on Friday. But it wasn't just DBA, agriculture stocks all had huge gains. When you see an entire sector go up like this, it means that institutions are in there buying. Amateur traders do not have the purchasing power nor are they concentrated buyers to move an entire sector.
For a FREE daily email alert on DBA and when the uptrend ends and you should sell and take profits, click here. Just leave the PACF_DBA in as the symbol and enter your name and email address.
The S&P 500 took a little bit of technical damage today which can be expected after four down days. However, as long as the 1130 level on the S&P 500 holds, this market is still in an uptrend.
If we look at SPY, so we can get volume, you'll notice that the volume has been falling off into the downward move over the last 3 days. This is good news for the bulls. It's very different to the downward moves we've had at 113 resistance where sell side volume picked up into the downward move.
As a review, when a market is heading down, if you see volume begin to drop off on the sell side, it suggests sellers are drying up and that the market is ready to reverse and head higher. Conversely, when a market is heading up, if you see volume begin to drop off on the buy side, it suggests buyers are drying up and that the market is ready to reverse and head lower.
Volume is the most important and accurate indicator in technical analysis.
In the video below, I look at the S&P 500 and SPY and show you the exact level you need to keep your eyes on. I also show you how the volume has been dropping off on the sell side as we approach the 113 support level on SPY.
The S&P 500 took a little bit of technical damage today which can be expected after four down days. However, as long as the 1130 level on the S&P 500 holds, this market is still in an uptrend.
If we look at SPY, so we can get volume, you'll notice that the volume has been falling off into the downward move over the last 3 days. This is good news for the bulls. It's very different to the downward moves we've had at 113 resistance where sell side volume picked up into the downward move.
As a review, when a market is heading down, if you see volume begin to drop off on the sell side, it suggests sellers are drying up and that the market is ready to reverse and head higher. Conversely, when a market is heading up, if you see volume begin to drop off on the buy side, it suggests buyers are drying up and that the market is ready to reverse and head lower.
Volume is the most important and accurate indicator in technical analysis.
In the video below, I look at the S&P 500 and SPY and show you the exact level you need to keep your eyes on. I also show you how the volume has been dropping off on the sell side as we approach the 113 support level on SPY.
Sign up for FREE daily email reports on the S&P 500 to know what trend its currently in (current rating is uptrend) by clicking hereSign up for FREE daily email reports on the S&P 500 to know what trend its currently in (current rating is uptrend) by clicking here
The S&P 500 took a little bit of technical damage today which can be expected after four down days. However, as long as the 1130 level on the S&P 500 holds, this market is still in an uptrend.
If we look at SPY, so we can get volume, you'll notice that the volume has been falling off into the downward move over the last 3 days. This is good news for the bulls. It's very different to the downward moves we've had at 113 resistance where sell side volume picked up into the downward move.
As a review, when a market is heading down, if you see volume begin to drop off on the sell side, it suggests sellers are drying up and that the market is ready to reverse and head higher. Conversely, when a market is heading up, if you see volume begin to drop off on the buy side, it suggests buyers are drying up and that the market is ready to reverse and head lower.
Volume is the most important and accurate indicator in technical analysis.
In the video below, I look at the S&P 500 and SPY and show you the exact level you need to keep your eyes on. I also show you how the volume has been dropping off on the sell side as we approach the 113 support level on SPY.
Sign up for FREE daily email reports on the S&P 500 to know what trend its currently in (current rating is uptrend) by clicking hereSign up for FREE daily email reports on the S&P 500 to know what trend its currently in (current rating is uptrend) by clicking here
Stocks Above I Currently Hold In My Own Trading Account: Long LIFE
Guerilla Trader Quote
“Institutions approach the market battlefield as an army with vastly superior weaponry that uses brute force and power to gain profits. Individual traders need to be like speedy hit and run guerilla forces: darting behind rock and tree before we get captured and take a loss.”
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