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PLoui

PLoui — Thu, 29 Jul 2010 05:00:00 GMT

jjarnals

jjarnals — Thu, 29 Jul 2010 05:00:00 GMT

laythefield@yahoo.co.uk

ssimpson — Thu, 29 Jul 2010 05:00:00 GMT

KJohnson

KJohnson — Thu, 29 Jul 2010 05:00:00 GMT

PChong

PChong — Thu, 29 Jul 2010 05:00:00 GMT

Market Setups for Thursday, July 29, 2010

Kipp Cohen — Thu, 29 Jul 2010 05:00:00 GMT

The following is a list of stocks that are setups for Thursday, July 29, 2010. These are stocks that are trending (up for longs or down for shorts) on a monthly and weekly basis but have retraced for a day or two on their daily chart. These setups could be considered for possible active and/or swing trades.

Setups – Long

DLTR

MCHP

ARUN

PWER

PAY

VMW

Setups – Short

DGX

Make sure you tune into www.tradingviews.com every trading day for free, live-in-the-market analysis!

Kipp Cohen

TradingViews - Equities Strategist

www.livemarketalerts.com

MarketSetups are provided for training and informational purposes only and should notbe interpreted as an offer, solicitation or recommendation of any specificsecurity or investment strategy. Past performance is not indicative of futureresults. Readmore.

eeuro

eeuro — Thu, 29 Jul 2010 05:00:00 GMT

EDGE Chart of the Day 7-29-10 - EUR/GBP 4 Hour Chart

Blake Morrow — Thu, 29 Jul 2010 05:00:00 GMT

The EUR/GBP 4 hour chart

The EUR/GBP is still in a bearish trend based on my longerterm view of the pair. And now, the intraday trends are facing a down slopingtrend line and a possible right shoulder of a developing head and shoulder'sformation. Since we are not close to the neckline at this point (near .8300) Iam skeptical about putting in a short at current levels. However, a betterplace for entry would probably be closer to the right shoulder (.8420) near the.8400 level. Keep this pair on the radar, because a move below .8300 wouldtarget .8100.

This is your E.D.G.E. (Every Day a Good Example) chart ofthe day.

Make sure you watch FREE, LIVE analysis from all of ourEXPERTS on www.tradingviews.com throughoutthe trading day. We ARE "Tradertainment!"

Blake Morrow

www.livemarketalerts.com

DDishongh

DDishongh — Thu, 29 Jul 2010 05:00:00 GMT

What Could Hamper the Rise of the EUR/USD?

Blake Morrow — Thu, 29 Jul 2010 05:00:00 GMT

Please excuse my "editing tool," my "numbering" did not translate from my original document.

Blake Morrow

What could hamper the rise of the EUR/USD from here?

The EUR/USD has had a very impressive rally in the lastseveral weeks off the June lows below 1.1900, but there several factors thatmay prevent the pair from moving too much higher from here. Below are the top 5reasons you may want to consider before getting too bullish the EUR/USD atcurrent levels:

The equity markets are stuck in a range, and many investors and analysts still believe that there is more downside in the months ahead (myself included). In the foreseeable future, a move lower in equities would more than likely translate to a move back into US Dollars as the "safe haven" currency of choice. Sometime in the distant future, there may be another alternative to holding massive amounts of US Dollars during a crisis, but with the recent "European debt crisis" it did reinforce that the US Dollar is still the undisputed champ.

Crude Oil continues to hold below $80BBL. Crude oil prices are a good barometer (at current levels) to understanding risk on/risk off in this environment. I believe that level is at 80, or close to it. In other words, if we stay below 80, this could be interpreted that traders and investors are hesitant about the "global recovery" story. Unfortunately, the longer we stay below this key level, the higher the probabilities we are heading back to 70 or perhaps 65 and in turn would turn equities lower, therefore putting upside pressure on the USD, and the EUR/USD could fall.

European bank stress tests may have lead to more questions than answers. Most major financial news publications pointed out over the weekend that the tests were "not stressful" enough and now that it has passed, sellers may re-emerge at any time.

The USD continuous index has now retraced 50% of its move from last November and is coming into a major congestion area that will more than likely produce some profit taking from US Dollar shorts. The level of interest is at 81.50.

Technically, the EUR/USD today has pushed the 38.2% retracement of its fall from last November and also is retesting a broken trend line that has been in existence for the last decade. Often times, when trend lines are broken, they are re-tested to test the validity of current trend, and this case is lower.

Blake Morrow

www.livemarketalerts.com

DNguyen

DNguyen — Thu, 29 Jul 2010 05:00:00 GMT

BSHEPPARD

BSHEPPARD — Thu, 29 Jul 2010 05:00:00 GMT

SGupta

SGupta — Thu, 29 Jul 2010 05:00:00 GMT

gbabu

gbabu — Thu, 29 Jul 2010 05:00:00 GMT

ZGurzo

ZGurzo — Thu, 29 Jul 2010 05:00:00 GMT

Is the JPY Bound to Revisit 14-year Highs vs. USD?

Ilian Yotov — Thu, 29 Jul 2010 05:00:00 GMT

In the broadcast today: Ahead of a sequence of important economic data from Japan, we focus on the JPY and explore the potential for the Yen to re-test its 14-year high against the USD, we analyze the latest trend developments with the USD/JPY currency pair, we note the bullish stance of the EUR/USD pair climbing to a new multi-month high above $1.31, we follow up on the NZD after the Reserve Bank of New Zealand interest rate announcement, we highlight the market's reaction to the Euro-zone Economic Sentiment and the U.S. Jobless Claims, we discuss new forecasts from Bank of New York-Mellon, Standard Bank and UBS,and prepare for the busy trading sessionahead.

Live Broadcast from 1:00 pm to 2:00 pm, Eastern Time (18:00 - 19:00 GMT), Monday - Friday.

JTidmarsh

JTidmarsh — Thu, 29 Jul 2010 05:00:00 GMT

Please Be Sure Read Between the Lines

Jason Ramus — Thu, 29 Jul 2010 05:00:00 GMT

As we get deeper in to earning season, you really must read between the lines. You are probably asking yourself what I mean by this, so I am going to explain it to you and hopefully save you from losing money.

As all the companies in the stock market report over the next few weeks, we will see ups and downs. Some companies will make money and some will lose money-that much we know for sure. Note, however, that as we are in the second week of earnings we have seen a lot of companies beat their numbers and look like they are doing very well...

But wait one minute. Let's back up and really look into the numbers. Now last week we had Alcoa report and they actually beat their forecasts by 2 cents, but over the previous few weeks the analysts following the stock revised their numbers down from around $0.20 cents a share to $0.10 cents a share. Alcoa then comes in at $0.12 and looks like they beat their numbers.

But did they really beat their numbers? I would say NO. It's like this... Let's say I am baseball player, and I say I am going to hit five home runs in a game. The game rolls along to the sixth inning, and I realize I have hit only one home run. I revise my forecast to say I am going to hit only one home run in this game. Then, in the ninth inning, I hit a second home run and-tada! Does that mean I doubled my forecasted number of home runs?

We have seen a lot of that during this earning season-companies meeting or exceeding revised forecasts.

Now let's take a look at AAPL. Every quarter they guide lower and then blow numbers out of the water and look like they did better than they said they would. To which I say, How about giving true numbers of what you think your company will do and stick by those numbers? And yes, AAPL did say this next quarter was going to be on the lower end of numbers of what the analysts will be expecting.

Another thing to look at is over the past month a lot of economic data has been horrible, yet companies are making all this money. Who are we to believe? Well, I look at the big picture and read between the lines and see people's unemployment benefits get extended, which means they do not need to go and look for a job for the next few months, all while living in their home that they have not been paying a mortgage on because the banks have not kicked them out... because the government owns their loans that they bought from the banks... and in return the Fed lends them free money and then they lend it out at 3-4%. On billions of dollars that is a lot of money to be made! Oh yeah, and instead of looking for a job these people are buying iPhones and iPads.

The moral of this story... make sure you look at the whole picture and read between the lines while you trade. Yes, some companies are doing better than others, so it's a stock picker's market-but it can only last for so long.

ssmid

ssmid — Thu, 29 Jul 2010 05:00:00 GMT

lusha_000@yahoo.com

lherath — Thu, 29 Jul 2010 05:00:00 GMT