"For the best prospects, do a price and volume check of each week within the stock's base to help you conclude if the stock is showing sound accumulation or too many price and volume defects. Next, do a fundamental analysis checking for excellent earnings, sales, and return on equity." - William J. O'Neil, MarketSmith Founder.
Two Month Trading Range due for breakout, Heavy volume needed for big move up. Downside breakout could reach DJIA: 9,460 - 9,680 (S&P 500: 1020 - 1030)
Given the strength of the recent two-week move, it is not surprising or unhealthy to see small corrections like the selling that occurred yesterday, which was on light volume.
General Electric Company (NYSE:GE) witnessed volume of 51.25 million shares during last trade however it holds an average trading capacity of 62.18 million shares. GE shares opened at $18.83 reached intraday low of $18.79 and went +1.54% up to close at $19.13.
Bank of Montreal (USA) (NYSE:BMO) witnessed volume of 169,006 shares during last trade however it holds an average trading capacity of 809,730 shares. BMO shares opened at $59.99 reached intraday low of $59.47 and went +0.57% up to close at $60.49.
Base metal copper , aluminium has decline by some points trade lower side if you want to get good profit trade with lower side ,Asian que down volume and price touch around the lowest intraday level,
Here we have some stock on which you can make a buy for short term trading.
PNB Buy Gilt
PNB gilts in the coming 3-5 months, is expected to arrive at the level of 40 rupees.
Why Buy Sandeep says the company always gives its shareholders a good dividend. The past three years the company's growth has been good. Volume of the stock has increased, and so hopefully Week 52, the highest share could touch
Indian Chana futures ended steady as rising supplies from the new season crop offset concerns over production due to untimely rainfall in key producing areas.
Total OI continued to increase but Volumes declined on Wednesday compared to the previous trading day.
A broker's estimates of Chana crop this year is at 5.56 million MT, a fall of 15% compared to 6.51
Airline stocks have been losing ground throughout 2011 but many appear to be striking a balance in terms of compensating for the higher overhead caused by a rise in jet fuel prices.
Airlines have had a tough year and have been the victim of analyst flip flopping on their future. Their close ties with the state of the economy have discouraged buying but some of these look ripe for a contrarian buy.
For investors, the right combination of patience, discipline, preparation, and a little good luck is the recipe for success. And if it's not the kind of market you want- don't swing just to swing!
Every component on the airline subsector was up for the day after the major carriers announced intentions to continue the capacity discipline in spite of strong demand.
The recent rally appears to be driven my invisible forces. Flat or pessimistic news regarding the global economy seems to inexplicably be driving the market upwards, but can it last?
Investors are looking forward to the market taking direction and a chance to play a trend, but what Jordan Kimmel sees right now is a real tug of war between the bulls and bears.
Q3 earnings take center stage. Wall Street now EXPECTS the U.S. to avoid recession and for Europe to solve its debt problems. There may be no room for surprises in this market.
Both Green Mountain and Starbucks have had major years but recent tactics for expansion and the rising cost of and demand for coffee are likely to help them push even higher.