Archive for the Daily Stock Picks Category
Caterpillar Stocks Preparing to Climb!
Caterpillar Inc. or CAT in the New York Stock Exchange is the world’s biggest manufacturer of construction and mining equipment like natural gas engines and industrial gas turbines. They supply engines for tanks and submarines. Most of the bulldozers and the biggest bulldozers you see around are owned by Caterpillar. They also sell financial products and insurance. Anyway, [...]
Posted: September 8, 2010 at 11:42 am
YUM Stocks Breakout!
Hey there awesome readers! Here’s an update my technical analysis on the stocks of YUM brands (the world’s largest fast food restaurant company) which I posted a week ago. If you wish to see it, kindly click here. As I mentioned the last time, there is a bullish triangle formation on its stock chart and could [...]
Posted: September 7, 2010 at 11:09 am
Union Pacific Corporation Stocks Breakout!
Hey guys, let’s go take look again at the stock chart of Union Pacific Corporation or UNP as listed in the New York Stock Exchange. By the way, for those who are unaware, their operating company, Union Pacific Railroad, is the largest railroad network in the United States. Anyway, as I mentioned on my previous [...]
Posted: September 6, 2010 at 6:40 pm
The Ayala Corporation Breakout! – September 3, 2010
Hello stock traders! It’s been a while since I last posted on Ayala Corporation or AC in the Philippine Stock Exchange. If you want to check my post three months ago, kindly check here. As you could see, it took 5 months for the Ayala Corporation stocks to setup the triangle formation that could trigger [...]
Posted: September 3, 2010 at 2:23 pm
Gold Poised For An Upside Breakout? – September 2, 2010
Welcome to a brand new month of trading! In today’s feature is the monthly chart of gold (kindly check here for my last post on it). The month of August was a good one for the gold bulls as the price of gold was able to rebound after if fell to a low of $1,157.15 per [...]
Posted: September 2, 2010 at 1:53 pm
Head and Shoulders in American Express? – September 1, 2010
The American Express Company also called as AMEX or AXP in the New York Stock Exchange is most known for its charge and credit card products. AMEX is the main competitor of Visa and MasterCard credit cards. The American Express stock price is currently at $39.87 but could go lower as there could be a head [...]
Posted: September 1, 2010 at 11:37 am
The Home Depot Update – August 31, 2010
Hi stock traders! Here’s an update of my technical analysis on the largest home improvement retailer in the United States, The Home Depot, Inc. or HD in the New York Stock Exchange (kindly check here for the previous post). Right now in the HD stock chart, there is a reverse flag formation (indicated by the red lines) [...]
Posted: August 31, 2010 at 12:34 pm
Yum! Stocks Update – August 30, 2010
Hi guys! Let’s now take a look again at Yum! Brands, Inc., the world’s largest fast food restaurant company, which I posted three weeks ago (kindly check here). The triangle formation in the YUM stocks looks to be riper now compared to when I last posted on it. Despite the bearish sentiments towards the indices of the US [...]
Posted: August 30, 2010 at 10:24 am
The S&P 500 and the US Economy on Shaky Ground – August 30, 2010
Welcome to another week of stock trading my friends! Last week I noted the possibility of a breakdown in the Dow Jones Industrial Average (please see it here). Well, guess what. The broader S&P 500 appears to confirm where the Dow and the US economy are heading. As you can see from the $SPX’s weekly [...]
Posted: August 30, 2010 at 5:55 am
Updates on the Phoenix Petroleum Stocks – August 26, 2010
Hi stock traders! Here’s a follow up on my Phoenix Petroleum (PNX) technical analysis which I posted a month ago right when its stocks broke above the ascending triangle formation’s resistance. As you can see now on the PNX stock chart, the stocks continued to ascend upon the breakout tapping the minimum target price of 8.00 pesos which [...]
Posted: August 26, 2010 at 2:00 pm
Bullish Pattern for Union Pacific Corporation? – August 25, 2010
Union Pacific Corporation or UNP as listed in the New York Stock Exchange is engaged in the transportation business. Their operating company, Union Pacific Railroad, is the largest railroad network in the United States. Currently, there is a triangle formation setting up in the UNP stock chart. This is most likely bullish as the stocks are [...]
Posted: August 25, 2010 at 12:24 pm
SNI Stocks Forming a Head and Shoulders? – August 24, 2010
Scripps Networks Interactive, Inc. or SNI in the New York Stock Exchange is an American Media company that owns Cooking Channel, DIY Network, HGTV and co-owns Travel Channel and Food Network. They were formed back in 2008 as a spin out of the E. W. Scripps Company founded by Edward W. Scripps. During yesterday’s trading session, [...]
Posted: August 24, 2010 at 10:46 am
Update on the Nikkei Chart – August 20, 2010
The Nikkei 225, the major stock market index for the Tokyo Stock Exchange (TSE), closed this Friday’s trading session at 9,179.38 with a 1.96% decline. The chart of the Nikkei index has been moving sideways for a year now and could continue to head this direction until breaks from major levels take place. In case the index drops below [...]
Posted: August 20, 2010 at 3:29 pm
The ABS-CBN Run! – August 18, 2010
The ABS-CBN Corporation or ABS in the Philippine Stock Exchange is one of the top TV station network in the Philippines. They are the country’s first and largest integrated media and entertainment company. The last time I posted my technical analysis of its stock chart was three months ago and many price movements have taken place [...]
Posted: August 18, 2010 at 5:16 pm
What’s Next for The Home Depot Stocks? – August 17, 2010
Hello trader friends! Here’s an update of my technical analysis on the largest home improvement retailer in the United States, The Home Depot, Inc. or HD in the New York Stock Exchange. The last time I posted on this was when it just had broken down from its 15-month uptrend last June (kindly check here). [...]
Posted: August 17, 2010 at 10:44 am
Dow Jones Industrial Average Current Levels- August 16, 2010
Since the start of this year, the Dow Jones Industrial Average seemed to have just been moving sideways by looking at the chart. There were times I thought it had broken down and there were also times I thought it had broken out (kindly check here). Well yeah, the 3-month resistances and supports got broken [...]
Posted: August 16, 2010 at 1:09 pm
FLI Profits! – August 16, 2010
Hello there! Here’s an update of my technical analysis on Filinvest Land, Inc. (FLI in the Philippine Stock Exchange) that I posted two weeks ago (kindly check here). The last time I posted about FLI stocks, they were still trying to breakout from the triangle formation by consolidating and going in and out of the [...]
Posted: August 16, 2010 at 8:30 am
Hewlett-Packard (HPQ) is On a Bearish Track – August 16, 2010
Hewlett-Packard Company or HPQ in the New York Stock Exchange has been exchanging on a bearish track for the last couple of months. The first sign of the bad things to come was when the 50-day moving average (blue line) crossed below the 200-MA (red line). Over the last three months, its shares also failed [...]
Posted: August 16, 2010 at 3:30 am
Macy’s Shoots Up! – August 12, 2010
Macy’s or M in the New York Stock Exchange is a chain of department stores around the US which sells clothing, footwear, bedding, furniture, jewelry, cosmetics and housewares. Aside from that, they also sell a range of merchandise on the internet. By the way, they own Bloomingdale’s as well. Yesterday, they reported a net income of $147 million for the 2nd leg of [...]
Posted: August 12, 2010 at 11:21 am
Nihao Breaks Out? – August 11, 2010
Hi guys, I have here the chart of Nihao Mineral Resources International (NI as the ticker symbol in the Philippine Stock Exchange), a Philippines-based company engaged in exploring, developing and operating nickel properties. Word on the street, Nihao is starting its first nickel shipment to China which probably propelled the stocks to move higher for [...]
Posted: August 11, 2010 at 1:02 pm
YUMMY Triangle! – August 10, 2010
Yum! Brands, Inc. or YUM in the New York Stock Exchange is the world’s largest fast food restaurant company that cater to more than 100 countries. Restaurants they operate include Taco Bell, KFC, Pizza Hut, Wingstreet, Long John Silver’s restaurants and A&W. Chart-wise, there is a triangle formation setting up in the YUM stocks. If the stock price successfully breaches [...]
Posted: August 10, 2010 at 10:10 am
A Triangle in DTE Energy Stock Chart – August 9, 2010
Last month, I posted on DTE Energy Company or DTE as listed in the New York Stock Exchange regarding the triangle formation setting up in its stock chart (kindly check here). Right now, the setup looks clearer and riper compared to when I last posted about it. The 3-month triangle shown on the image will most likely [...]
Posted: August 9, 2010 at 12:06 pm
Watson Pharmaceuticals Net Income Rises! – August 6, 2010
Watson Pharmaceuticals or WPI in the New York Stock Exchange specializes in development, manufacturing, marketing, sale and distribution of brand and generic pharmaceutical products. In the 4th quarter of 2009, they acquired Robin Hood Holdings Limited, Cobalt Laboratories, Inc. and the Arrow Group. This year’s second quarter, their net income increased 26 percent to $207.4 [...]
Posted: August 6, 2010 at 12:05 pm
Gold is Still Alive! Whew! – August 5, 2010
Hello trading fans! Last week gold provided the market with a scare when it temporarily broke its long term uptrend line (kindly see my previous blog here). As you know, a break of an uptrend could spell disaster given the possibility of a reversal. Hence, it’s a good thing that gold managed to pull itself [...]
Posted: August 5, 2010 at 2:39 pm
AOL Stocks Rise Despite 2nd Quarter Loss – August 5, 2010
AOL, Inc. formerly known as American Online, a New York based internet and services media company, posted a $1.1 billion loss yesterday. Its online advertising and social-networking service Bebo were under-performing which were some of the reasons that lead to the 10-digit loss. However, after yesterday’s report of more than a billion dollars loss for the 2nd leg [...]
Posted: August 5, 2010 at 11:43 am
