(4/12/14)
The market remains fragmented with the technology and small cap
stocks being hit the worst. So far the Nasdaq is down 8.7% from its early
March high while the S&P 500 is only down 4.2% from its late March high. Overall
I expect a decent oversold bounce could develop next week since the Nasdaq is
approaching its 200 Day EMA (blue line). Also one could count the move
down from the early March high as a corrective "WXY" Double Zig Zag. Finally
we could be seeing the early stages of a large Head and Shoulders Top pattern as
well. In this scenario the Nasdaq would bounce strongly off its 200 Day
EMA allowing for a 2nd Shoulder to develop.
Signup for a "Free 4 Week Trial Membership" or save
up to 50% on a Premium Membership and you will have access to the following
products.
1. "ETF Daily Buy and Short Signals"
which can be used to trade the DIA's, QQQQ's and SPY's.
2. "401K/Thrift Savings Plan (TSP) Timing
Service" which can be used to help improve your return in your 401k/TSP
Account.
3. The "End of Month Strategy".
This Strategy focuses on the typical End of Month markup by the Institutional
Money.
Our Spring Membership Special for
new Members is shown below
which are 50% Off our normal Monthly Rate of $39.95
Membership Plans
|
Initial 50% Off
Introductory Rate
|
30 Day Trial Membership
|
FREE |
Monthly Membership |
$19.95 |
6 Month Membership |
$119.95 |
All Trial and Regular
Memberships are on a renewal basis so please email
us to cancel your Membership before it
renews as they "aren't refundable".
After the Introductory Period expires Memberships
will automatically renew at our normal Monthly Discounted Rate of $21.95.
Send this Free Newsletter to a Friend or Relative
Amateur Investors
|