Wednesday, December 29, 2010
Click Here for Forex Multiplication Profits
A few weeks ago, I let you in on what has turned out to be one the biggest Forex surprises of the year: - The Forex Profit Multiplier
This step-by-step trading program & companion Trade Alert Software from 35+ year trader Bill Poulos is a multi-media powerhouse that reveals the quickest & most flexible way to achieve INDEPENDENCE in the Forex markets & shield yourself from
risk . . . - ESPECIALLY if you're inexperienced & have little time.
In just about 4 days, the initial # of programs Bill set aside for his new students quickly sold out, and for good reason:
* Those lucky individuals who claimed their copy before it expired figured out that NOW is one of the best times ever to trade Forex because of the huge volatility being created by the instability of the global markets.
The profit potential right now is awesome & EXTRA lucrative.
YOUR SECOND CHANCE
Now that the initial wave of new student inquiries has settled down a bit, Bill has decided to take on a few more new students - but only through Tuesday, January 4th, 2011, at 11:59pm Eastern (New York time).
He's not saying how many more he'll take on, but I know this for a fact:
* He's only letting in a small, limited number . . .
* The doors close next TUESDAY . . .
And, it would not surprise me if he pulled his 'second chance' offer down early, especially if he gets more students than he can handle.
So, if you have ANY interest in getting in on what I think many traders will end up calling THE Forex event of 2010, go here to see if any copies are still available:
If you missed Bill's awesome complimentary Forex training website where he revealed the Forex Profit Multiplier, you can still see the training videos here:
Tuesday, December 28, 2010
ObamaCare Health Plan
This week I have a buy recommendation on Humana. Ticker HUM. I have no idea if the newly passed Obamacare healthcare bill will help Humana or not, but it seems its possibly a major factor to consider with all the US healthcare stocks now. In any event, if it works out, I believe Humana may provide a 15% to 20% return in the following year. Not spectacular returns but hopefully and possibly safe steady returns with the potential for higher returns after a year’s time, making it a potential good long-term hold. Humana has a healthy balance sheet with about 50% debt to equity, and its current PE ratio at about 9.
Zacks Investment Research reported on December 23, 2010 that with the closure of the acquisition of Concentra, Inc., Humana has raised its earnings per share guidance for fiscal 2011.
Humana now expects its earnings per share in the range of $5.45 - $5.65, up from the previous outlook of $5.35 - $5.55.
Humana completed its acquisition of Concentra on December 21 for approximately $790 million in cash, and now expects its consolidated revenues for 2011 to increase in connection with this transaction. Concentra produces approximately $800 million of revenues annually from 240 workplace health-care facilities and more than 300 medical centers in 42 states.
Moreover, the acquisition of Concentra will help in increasing Humana’s focus on its core businesses as a health care provider, besides providing revenue diversification and opportunities for strategic expansion over the longer term. Additionally, Concentra will provide access to Humana’s medical members in certain regions.
The revenue diversification enjoyed by Humana will also help reduce its exposure to health care overhaul regulations, as the health law seeks to compress an insurer’s profits from selling benefits.
Humana will also benefit from Concentra’s focus on evidence-based, cost-effective medical care and a service-driven culture.
Apart from Humana, its competitor Cigna Corporation, Ticker CI remains on track to grow its international business, and UnitedHealth Group Inc. Ticker UNHis focused on earning revenues from several segments outside health insurance coverage.
In the past five years, Humana has announced 11 pending or completed acquisitions. With the acquisition of Concentra, Humana will gain new opportunities in the growing area of health care. In addition, the deal will enhance Humana's business, diversify its revenue stream and will provide opportunities for expansion.
Humana will be at the JP Morgan Healthcare Conference in San Francisco Tuesday January 11, 2011, and be reporting its 4th quarter 2010 earnings in a conference call Monday February 7, 2011
Buy Long Humana - Ticker HUM
Buy Entry: 51.46 to 53.94
Take Profit Areas: 61.01 to 61.79, 62.62 to 63.53, 67.84 to 68.75
Humana Company Profile
Humana Inc. offers various health and supplemental benefit plans in the United States. Its Government segment comprises beneficiaries of government benefit programs and operates in three lines of businesses: Medicare, Military, and Medicaid. The Medicare program offers hospital and medical insurance benefits to persons of age 65 and over and some disabled persons under the age of 65. The Military program provides health insurance coverage to the dependents of active duty military personnel and to retired military personnel and their dependents. The Medicaid program is a federal program that is state-operated to facilitate the delivery of health care services primarily to low-income residents. The Commercial segment consists of members enrolled in its medical and specialty products marketed to employer groups and individuals. This segment provides health maintenance organization products that provide prepaid health insurance coverage to its members through a network of independent primary care physicians, specialty physicians, and other health care providers; preferred provider organization products, which are offered primarily to employer groups and individuals; and administrative services only products that are offered to employers who self-insure their employee health plans. It also offers various specialty products, including dental, vision, and other supplemental products, as well as disease management services. As of December 31, 2009, Humana Inc. had approximately 10.3 million members enrolled in medical benefit plans and approximately 7.2 million members enrolled in specialty products programs. The company markets its products through various channels, including television, radio, the Internet, telemarketing, and direct mailings. In addition, Humana Inc. has strategic alliances with Wal-Mart Stores, Inc., State Farm, and United Services Automobile Association to market its products. The company was founded in 1964 and is headquartered in Louisville, Kentucky.
Click here to review and trial the Trading Software we used in determining our buy long position on Humana.
Click the Humana Stock Stock Chart for a larger view.
Friday, December 17, 2010
The One Reason You Have to Own Gold & Silver
Analysts and pundits provide various reasons for the bull market in Gold. This includes emerging market demand, low interest rates, money printing, central bank accumulation, central bank policies and falling gold production.
These are all good reason but there is one reason which stands apart and will drive precious metals to amazing heights. It is the impending sovereign debt default of the west, led by the great USA.
Government finances have reached a point where default and/or bankruptcy is unavoidable. After all, we’ve already started to monetize the debt. The inflection point is when total debt reaches a point where the interest on the debt accumulates in an exponential fashion, engulfing the government’s budget.
When this occurs at a time when the economy is already weak and running deficits, there essentially is no way out.
Significant runaway inflation and currency depreciation result from a government that essentially can no longer fund itself. It starts when the market sees the problem and moves rates higher.
The government then has to monetize its debts to prevent interest rates from rising. Let me explain where we are and why severe inflation is unavoidable and likely coming in the next two to three years.
In FY2010, the government paid $414 Billion in interest expenses which equates to 17% of revenue. When you account for the $14 Trillion in total debt, that works out to be 2.96% in interest.
In FY2007, total debt was $8.95 Trillion, but the interest expense was $430 Billion and 17% of revenue. That accounts for an interest rate of 4.80%. Luckily, rates have stayed low for the past two years.
However, in the next 24 months the situation could grow dire. At least $2 Trillion will be added to the national debt. At an interest rate of only 4.0%, the interest expense would be $600 Billion. Even if we assume 7% growth in tax revenue, the interest expense would total 22% of the budget. An interest rate of 4.5% would equate to 26% of the budget.
As far as what level of interest expense is the threshold for pain, Russ Winter writes:
Once interest payments take 30% of tax revenues, a country has an out of control debt trap issue. When you think clearly about it, this just makes sense, as the ability to dodge, weave and defer is pretty much removed, as is the logic that it will be repaid in a low-risk manner. The world is going to be a different place when the US is perceived to be in a debt trap.
Is there anyway out of this?
Either the economy needs to start growing very fast or interest rates need to stay below 3% until the economy can recover. Clearly, neither is likely.
As you can tell from the calculations, interest rates are now the most important variable. If rates stay above 4% or 4.5% for an extended period of time, then there is no turning back.
Judging from market charts, the secular decline in interest rates is likely over. It is hard to argue with a double bottom, one of the most reliable reversal patterns.
In 2011 and 2012, the Fed will have two new problems on its hands. First, the Federal Reserve will be fighting a new bear market in bonds. They will be fighting the trend. They didn’t have that problem in 2008-2010.
Furthermore, the interest on the debt will exceed 20% of revenue, so the Fed will have to monetize more as it is. Ironically, the greater monetization will only put more upward pressure on interest rates, the very thing Captain Ben and company will be fighting against.
As you can see, there is really no way out of this mess, which also includes the states, Europe and Japan. This is why Gold and Silver are acting stronger than at any other point in this bull market.
They’ve performed great when rates were low but are likely to perform even better when rates start to rise. This is why we implore you to at least consider Gold and Silver.
Courtesy: The Daily Gold
50 Pip Gold Spread Compared to 100 with Other Brokers
Click Here for the Account Registration Form to Signup for Demo or Live Account
Version 2 Released December 15, 2010. Version 2 includes Smart Drawdown Reducer, Smart Money Management, Dynamic Stop Loss, and Support for Silver currency. Trade gold and silver 24/5 hands free.
Wednesday, December 15, 2010
Gold Silver Metatrader Expert Advisor
Gold Silver Copper Forecast Outlook 12/15/10
February Gold closed lower due to profit taking on Tuesday as it consolidates some of Monday's rally. The low-range close sets the stage for a steady to lower opening on Wednesday. Stochastics and the RSI remain neutral to bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 1379.30 are needed to confirm that a short-term top has been posted. If February renews the rally off November's low, upside targets will now be hard to project with the market trading into uncharted territory. First resistance is last Tuesday's high crossing at 1432.50. First support is the 20-day moving average crossing at 1379.30. Second support is the reaction low crossing at 1352.00.
March Silver closed higher on Tuesday as it consolidates some of last week's decline. The high-range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI remain neutral to bearish hinting that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 28.033 are needed to confirm that a short-term top has been posted. If March renews this year's rally, weekly resistance crossing at 31.987 is the next upside target. First resistance is last Tuesday's high crossing at 30.750. Second resistance is weekly resistance crossing at 31.987. First support is the 20-day moving average crossing at 28.033. Second support is the reaction low crossing at 26.525.
March Copper closed slightly lower due to profit taking on Tuesday. The low-range close sets the stage for a steady to lower opening on Wednesday. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends this week's rally, weekly resistance crossing at 427.00 is the next upside target. Closes below the 20-day moving average crossing near 392.13 would temper the near-term friendly outlook. First resistance is today's high crossing at 422.90. Second resistance is weekly resistance crossing at 427.00. First support is the 10-day moving average crossing at 406.86. Second support is the 20-day moving average crossing at 392.13.
Click the link below for more gold silver and copper information and resources.
Tuesday, December 14, 2010
Worlds Greatest Ground Floor Trading Opportunity
This is impressive. Over the last few weeks, John Thomas, The Mad Hedge Fund Trader, offered to coach and mentor “do-it-yourself” traders into world class traders.
While the market has basically been doing nothing, the folks who took him up on his offer have been making money hand over fist.
Up 21% in about a WEEK in their first position
Up 10% in a WEEK in their second position
And up 100% in a DAY on their latest position
Not a bad week! If you haven’t checked out his trading strategy video, I highly suggest you watch it now.
Click here to see one of the most eye-popping presentations on trading I’ve ever come across. It clearly explains how they’re getting these returns.
I’ve told you before about John Thomas, the founding father of the international hedge fund industry and one of 2010’s top performing hedge fund managers. In this video, he explains a trading strategy that turned $1,000 into $1.3 million in 3 easy trades.
If that sounds impossible, then you really need to watch the video to see the true story of how one very well known hedge fund used it to turn every $100,000 invested into it into $420,000,000. Click here to watch John’s video.
The whole thing is about what it REALLY takes to be a world class trader. This is NOT the musings of some guru, author or pundit. John is near the top of the totem pole for hedge fund managers in the world based on his performance in the market
What he says will offend some traders and more than a few gurus, because he lays out some cold, hard truths about what you must do if you want to make money in every kind of market.
This guy really knows what he’s talking about. Just take a look at some of his experience:
Paul Tudor Jones and George Soros PAID to have him consult on their hedge funds (he even made $75 million trading against Soros in a single month).
He spent 10 years working for and being mentored by the legendary Barton Biggs. Widely considered the #1 global trading strategist in the world, Biggs is the multi-billion hedge fund manager and former Chief Global Strategist for Morgan Stanley.
John has recommended 48 winners out of 49 trades that generated up to 76% in a single month and 400% in four months - WITHOUT OPTIONS or leverage of any kind.
In 2010, he is one of the top-performing hedge fund managers and traders in the world, a position he’s held for several years.
He founded Wall Street’s massively successful ORIGINAL dedicated international hedge fund.
This is a killer presentation. I highly, HIGHLY suggest you watch it right now – click here to view it.
I seriously believe that if you watch this video, it will have an immediate and positive impact on your trading and your profits.
Monday, December 13, 2010
Will Apple's Stock Get iPad Bounce?
Apple (AAPL) has been a strong market leader in recent years, releasing a string of innovative, game-changing products like the iPod, iPhone, and, most recently, the iPad.
As a November 29 article in IBD noted, the iPad is becoming popular with investors who like how it lets them do stock research and make trades from virtually anywhere.
Apple's sales growth has accelerated during the past four quarters, hitting 67% in the latest report.
Over the same period, earnings growth has ranged from 47% to 86%.
For fiscal 2011, which ends next September, analysts see earnings rising 26%, but they see earnings cooling to 16% in fiscal 2012.
Return on equity is 35%, which is well above the 17% minimum historically seen in leading growth stocks.
Mutual funds and hedge funds own about 39% of the company's shares. But the number of funds owning the stock fell last quarter. Ideally, you'd like to see that number rising.
Apple Chart Analysis
Apple's had a great run in recent years. It shot out of long cup-with-handle base in July 2009 (Point 1).
It ran up, then took a break and formed a base-on-base pattern (Point 2).
After breaking out and climbing up some more, it formed another base-on-base (Point 3).
Apple broke out of that pattern and moved up again. In recent weeks, it's paused and pulled back to its 10-week moving average line (Point 4).
Apple has started to climb up from that benchmark line, but so far, volume has been below average.
If volume kicks in, it could present a buying opportunity. In that case, the buying range would be between the 10-week moving average line and 5% above the peak in the pullback.
Watch to see if this pullback lasts long enough to become a base pattern. If that happens, it would be base #4. Late-stage bases can have a bigger risk of failing, so that's also something to keep in mind.
Apple Stock Checkup
At 96, Apple's Composite Rating is #1 within its 21-member Computer — Hardware/Peripherals group.
Its EPS Rating of 99 and its SMR Rating of A are also #1.
Its Relative Strength Rating of 84 ranks 2nd among its peers.
The stock's Acc/Dist Rating of B- comes in at #14 within the group.
Click here to learn more about the Investors Business Daily Can Slim Investing Method
Friday, December 10, 2010
Top Forex Profit Multiplier Questions
Ever since Bill Poulos's new Forex Profit Multiplier training videos earlier this week, there has been a LOT of interest and flat-out EXCITEMENT . . . but there's also been a LOT of questions.
If you've been to his training website lately, then you've probably noticed there have been well over 400 comments and questions posted from traders hungry to get their hands on Bill's new software & training program.
He's been answering as many questions as he can directly on the website, but he just recorded a special short video that addresses the top 3:
* How is the Forex Profit Multiplier different from a trading robot?
* What exactly will I get when I order the Forex Profit Multiplier?
* How much will it cost?
Click here to see this short video:
I hope this addresses some of the questions you have about Bill's new "predictive" Forex software.
Underneath this video, you'll see a form that will let you get on Bill's "Cut In Line" list which will let you get his software a full HOUR before everybody else. I suggest you add your email to this list because it looks like he's going to sell
out pretty quickly when it opens next Monday.
Click here for more information on the Profits Run Trading stock and forex trading systems.
Thursday, December 09, 2010
How to Trade in a Fast-Moving Bear Market
Atlanta Georgia December 10 & 11 2010
It's one thing to know how something works but quite another to make it work for you.
The Wave Principle is no exception. Yet learning how to put it to work in your own trading can really separate you from the herd – because "with the herd" is no place to be in this market. Here's your opportunity.
The response to our intensive, small-group trading course has been so overwhelmingly positive and the demand so strong that our instructors have decided to take the course on a world tour. At each stop, our most experienced Elliotticians and career traders will teach you how to use the Wave Principle and supporting technical tools to capitalize on the unique opportunities – and avoid the dangerous pitfalls – you’ll encounter in this bear market.
You'll spend two days with EWI's top trading instructors, and you can even ask them questions after you leave – get ready to go back home and kick your trading into high gear.
Drawing on more than 40 years of combined experience analyzing and trading the markets, Senior Tutorial Instructor Wayne Gorman and “Trader’s Classroom” instructor Jeffrey Kennedy team up to share with you the best techniques, tips and tools they have to offer.
In an intimate classroom setting, Wayne and Jeffrey walk you through carefully selected lessons and hands-on exercises that will send you home with the understanding and confidence you need to begin applying these techniques in your own trading.
Plus your education continues even after you leave. Once the course is over, your trading mentors Wayne and Jeffrey are available to clarify a critical lesson or answer that forgotten question that popped up on your way home.
Here's what you'll learn:
* Elliott Trading Fundamentals
* Risk/Reward Assessment
* Discipline Guidelines
* Psychology of Trading and the Markets
* Technical Tools that Complement Elliott
* Developing a Trading Strategy
* Determining Support and Resistance Levels
* Fibonacci Applications
* Entry and Exit Strategies
* Placing and Adjusting Stops
* Trend Reversals and Pattern Recognition
* And More!
We provide everything you need to become a winning Elliott wave trader. You can even take all the course materials home with you so you can reference the lessons after you leave.
Besides your increased confidence and expanded Elliott wave trading knowledge, you'll also take home a valuable course packet, which you'll receive upon arrival.
Use the workbook and other resources during the course to follow along with each lesson, make notes, complete training exercises on your own – and most important – review the materials as often as you like after you leave.
Here's what's inside your course packet:
(Laptops are not required for this course.)
* EWI's one-of-a-kind Bear Market Tutorial workbook, which includes all of the most important lessons and exercises, handpicked by your instructors
* Sleek, durable USB thumb drive, filled with digital copies of all of Wayne's and Jeff's presentation slides and materials covered during the 2-day course
* The Basics of the Wave Principle, a condensed, "Cliff Notes" style reference book originally created exclusively for EWI analysts
* Personalized name badge and EWI-embossed note-taking tools
Click here for more Elliott Wave information and resources.
Wednesday, December 08, 2010
2011 World Cup Trading Championships
Sign Up To Compete or Register To AutoTrade
Seize the ultimate career changing opportunity!
Secure a position on the World Cup Advisor staff
Top 5 finishers will each be authorized to trade a $50,000 Award Account*
Click Here to See Full List »
The World Cup Trading Championships® are the competitive arena for futures, forex and stock traders alike. World Cup events are real-time, real-money competition. At stake are great prizes, coveted World Cup Bull and Bear trophies, and a possible spot on the advisory team at WorldCupAdvisor.com.
The highest percentage increases win the cash and top prizes, but it's fair to say that every entrant wins, because every participant qualifies for free trading tools and discounts. Since 1983, traders have turned to World Cup competition as the ultimate trading challenge.
The 2010 World Cup Trading Championships include the World Cup Championship of Futures & Forex Trading® and the World Cup Championship of Stock Trading®*. The top three finishers in each event receive Bull & Bear trophies and great prizes. The top five finishers in the futures/forex competition will each be authorized to trade a $50,000 Awards Account. And each month, the top performer from the combined events will win a crystal Bull & Bear trophy.
Top placing contestants will be eligible for a spot on the advisory team at World Cup Advisor
Click here to sign up to compete or register to autotrade.
Tuesday, December 07, 2010
Crisis in Europe: How the Stability of an Entire Region is Teetering on the Edge of a Major Collapse Free Report
Crisis in Europe: Market moves around the world can impact your portfolio. So whether you know it or not, you probably have a stake in Europe's financial future. You must read this explosive new free report from our friends at Robert Prechter's Elliott Wave International. They've been anticipating and tracking the growing debt crisis in Europe, and they're giving away some of their most eye-opening forecasts and analysis for the region -- for free.
Click here to learn more and download your free 6-page report now >>
Europe's debt crisis began in Greece then leaked into Ireland -- but it won't stop there, warns a new report from Elliott Wave International's European analyst Brian Whitmer.
Whitmer first alerted his subscribers to the still-developing European crisis back in December 2009, when he warned that a set of troubling events across Europe were signaling the entire continent was on edge. Then in February, when the modern-day Greek tragedy appeared to be contained by all media accounts, our friends at EWI anticipated yet another wave of debt woes across Europe. Here's what Whitmer wrote on Feb. 26:
"Greece's woes aren't over, and neither are its neighbors, meaning that more surprises are sure to come."
Whitmer has been anticipating and tracking the growing debt crisis in Greece, Ireland Spain, Portugal and other European nations. His analysis is so valuable and so timely right now that EWI has decided to give you their latest paid analysis on Europe in a new free report, " Credit Crisis in Europe: How the Stability of an Entire Region is Teetering on the Edge of a Major Collapse."
Even if you don't invest in Europe, developments in these European countries can have a big impact on your portfolio. This explosive 6-page report helps you prepare for the crisis in Europe, and it's jam-packed with forecasts and analysis originally published for EWI's paying subscribers. For the REAL story on Europe -- independent from media assumptions and conjecture -- read this prescient new report from EWI.
Click here to download your free report, "Credit Crisis in Europe: How the Stability of an Entire Region is Teetering on the Edge of a Major Collapse."
Monday, December 06, 2010
Is The US Mortgage Market Bottoming or Double Dipping?
Some are saying the markets are primed and ready for continued upside move. I’m not buying it. I’m selling it, with a tight stop-loss below on PHH Corp a $1B plus financial stock. A company that originates, purchases, services and sells mortgage loans. The USA mortgage mess that started the financial crisis in 2007 is far from over. Maybe the US mortgage mess and subsequent huge foreclosure inventory will get all fixed in another 5 to 6 years from now. Prices have to fall along with a lot of other things for the USA to be competitive in the global market now. That can happen, but it’s simply going to take time. A lot longer than some people think. The best thing the US fed can do is to put some real action behind their good times are here again spin. That hasn't happened yet.
Wall Street Journal Mortgage Loan Report
According to the Wall Street Journal, the banks have been increasing their 2010 jumbo loan volumes. The jumbo loans are mostly from more wealthy Americans with positive cashflow who are moving up to a larger property over about $500.000. Who’s holding, selling, and buying jumbo mortgage loans these days after 2007 - 2008? The US housing market got some artificial price support from the home buyer tax credit program. Housing prices are starting correct downward again, with the move-up market losing what little momentum it had with negative equity mortgages increasing again.
US High-End Home 2010 Summer Sales Up
Sales from the high end US real estate market were increasing over the summer of 2010. That’s real estate properties valued at $500,000 plus. In August 2010, the $500,000-750,000 home buyer was about seven percent of all home purchases. The $750,000 to $1 million home buyer was 2% of the market, and $1M plus was almost 2% of the market. The slight increase in sales during the 2010 summer in the high end home market may be over now with the abrupt 15% decrease in September sales in those high-end homes.
Last Friday’s Bad Unemployment Report and Real Estate Negative Equity
With the bad job’s report last Friday at a 7 month high, along with the huge inventory of foreclosed real estate mortgages still, and a variety of other problems that need long-term solutions to, a double dip in real estate prices is easy to possibly materialize. The rising number of homeowners with negative equity might stall the move-up market of the high end home buyers, making the troubled the standard and jumbo loan mortgage market increasingly more troubled as well.
PHH Diversified Business Model
PHH Corp also has a fleet management outsourcing business that might help their bottom line earnings, but I don’t think so right now. The risk reward ratio on PHH is leaning to much more risk than reward right now, and their dividend payout is only 1.5% giving no reason to buy it based on getting paid to wait. Too little for too long to wait.
Sell Short PHH Corp – Ticker PHH
Sell Entry: 22.38 to 21.40
Stop-Loss: 22.72 or up to 8% from purchase.
Take Profit Areas: 18.41 to 18.00, 17.67 to 17.26, 15.18 to 14.84
PHH Company Profile
PHH Corporation provides mortgage and fleet management outsourcing services in the United States and Canada. The company’s Mortgage Production segment originates, purchases, and sells mortgage loans, including PHH home loans; and offers private label mortgage services to financial institutions and real estate brokers, as well as provides appraisal, credit research, flood certification, and tax services. Its Mortgage Servicing segment involves in collecting loan payments; remitting principal and interest payments to investors; and managing escrow funds for payment of mortgage-related expenses, such as taxes and insurance. This segment also services mortgage loans, purchases mortgage servicing rights (MSRs), and acts as a subservicer for clients that own the underlying MSRs, as well as provides reinsurance services. The company’s Fleet Management Services segment provides commercial fleet management services to corporate clients and government agencies. Its fleet leasing and fleet management services include vehicle leasing, fleet policy analysis and recommendations, benchmarking, vehicle recommendations, ordering and purchasing vehicles, arranging for vehicle delivery, and administration of the title and registration process, as well as tax and insurance requirements, pursuing warranty claims, and remarketing used vehicles. This segment also provides vehicle maintenance service cards used to facilitate payment for repairs and maintenance; accident management services, such as immediate assistance; and fuel card services that facilitate the payment, monitoring, and control of fuel purchases. As of December 31, 2009, it had approximately 300,000 vehicles leased, including cars and light trucks, medium and heavy trucks, trailers, and equipment, as well as 245,000 additional vehicles serviced under fuel cards, maintenance cards, and accident management services arrangements. The company was founded in 1946 and is based in MT. Laurel, New Jersey.
Click here to review and trial the Trading Software we used in determining our short position on PHH.
Click the PHH Stock Stock Chart for a larger view.
Friday, December 03, 2010
Steve Nison Candlestick Charting Day Trading Seminars
December 4 - 5, 2010, New Jersey
As you know, I only teach one or two live seminars per year. I wish my schedule would allow more, because I love meeting face-to-face with students... some whom I have communicated with for years by email and phone.
These traders tell me over and over again that attending these live seminars is by far the best way to truly master the power of candlesticks. And many of them also study from my DVD Training Programs!
That's why I'm thrilled to announce an exciting seminar in New Jersey!
Now There Are TWO Ways To Attend This Seminar:
1. Join us LIVE at the seminar in New Jersey
2. Participate AT-HOME via our brand new "Live Web Simulcast" technology
Click here for more information and registration.
Here's The Knowledge I Will Give You When You Join Me At "The Candlestick Success Formula"
* Introduction to Steve Nison's Trading Triad Success System™
* Practical guide to drawing the basic candle lines - real bodies and shadows
* Why candles give DOUBLE the information of a bar chart
* Tactics on using real bodies to gauge market momentum
* Adding the insights of upper and lower shadows
* Identifying false breakouts using candle charts
Single Candle Lines
* How to use individual candle lines to get early clues of market turns
* Uses and misuses of Doji
* How doji can be used as a stop
* Gravestone doji
* Dragonfly doji
* Spinning Tops
* Shooting star
* High Wave
Double Candle Line Patterns
* Dark Cloud Cover
* The bull and bear engulfing patterns
* Bull and Bear Harami
* Bull separating line
* Piercing Pattern
* Bull and Bear Separating Lines
* Bull and Bear Sash Patterns
Triple (or more) Candle Line Patterns
* Morning Star
* Evening Star
* Rising and Falling Windows
* Breakaway gaps and windows
Going to the Next Level: Merging Candlesticks with Classic Western indicators
Do you when to start a new trade- or when to end a trade? The answer is completely dependent with Western technical indicators. This fusion of candlesticks with Western technical indicators, at critical junctures, is one of the most important strategies you need to know to generate entry and exit points.
* Using these two simple questions you will instantly know when to buy at support or when to sell at resistance
* Getting Price Targets
* Steve's favorite measured move
* How and why prior support can be converted into new resistance
* How and why prior resistance can become new support
* The Bullish "Crack and Snap" strategy
* The Bearish "Falling Off The Roof" tactic
* How to recognize and take advantage of False Breakouts
* Candles and Volume
* Candles and Bollinger Bands
* Candles and Retracements including Fibonacci
* Candles and Moving Averages
Reaching the Upper Levels: Trade Management
* The one rule every trader ignores at their own peril
* The importance of short-term trend
* What to do after the trade is made
* How to place trades in the direction of the longer-term trend
* Using Candles to place stops
* Effective money management concepts to maximize the effectiveness of candle charts
* How and why some traders get "burned" with candles
* How NOT to use candles!
* “Nison Trading Principles” — Critical Refinements and Enhancements for High Success Trading with Candlestick Charts
Using A Trading Journal
* Importance of using a trading journal
* Setting up a trading journal
* How to use a trading journal before the trade
* Using a trading journal after the trade is closed
* See how Steve personally uses a trading journal
BONUS: Secrets of Intraday Candle Charts for Day and Swing Traders
* Discover why and how candle patterns should be traded differently on intraday charts
* How to combine intraday signals with longer time frame support and resistance
* Using intraday candle charts to find "hidden" support/resistance
* How to get earlier clues of reversals than you can with daily charts
* Easy method to determine if the market is really overbought or oversold
* When to pull the trigger on an intraday trade
BONUS: Trading Options With Candles
* Benefits of options
* Review of option basics
* Candlesticks and trend
* Candlesticks and timing
* Candlesticks for exits
* Candlesticks for protection
* Strategies to help lessen time decay risk
* Getting price targets
Click here for more Steve Nison Candlestick Charting Trading Strategies Software Systems information and resources.
Thursday, December 02, 2010
Arabian GCC Stock Markets: Aladdin's Lamps or Handfuls of Hot Sand?
Arabian lands have a long history, but the history of their stock market data is downright brief. Even so, the good news is that we have enough data to make intermediate Elliott Wave forecasts.
Elliott Wave International uses Jordan's Amman General Index as a proxy for the region. As the November Asian-Pacific Financial Forecast explains, there's a two-fold reason for this:
"Jordan (a) is located at a crossroads of the Middle East; and (b) is the oldest market in the region with a continually traded price history. (Kuwait’s is older, but it stopped trading from 1990 to 1992 due to the Iraqi invasion)."
Of course, EWI looks at individual Arabian markets too.
But let's back up a step as we take you to the banks of the Nile River, and the home of the Great Pyramid of Giza -- the last of the seven ancient wonders still standing.
EWI analyst Mark Galasiewski recently traveled to Cairo, Egypt, and got an up-close sense of the investment mood there. Mark spoke to an audience at the Money Experts International Forum, and learned that Egyptian stock market bears outnumbered the bulls by 4 to 1.
He wasn't surprised by this bearish "show of hands." In fact, Mark expected more investors to be "down" on the Egyptian market because prices there have been in a correction.
During his "give and take" with the audience, Mark learned several specific reasons for their bearish sentiment. Among them was the uncertainty over Egypt's coming 2011 presidential election.
In the latest Asian-Pacific Financial Forecast, Mark spoke directly to this concern:
"Elliott waves don’t care about politics — or any other news event for that matter. This may sound extraordinary, but even if there were no upcoming elections in Egypt, most Arabian stocks would still have fallen [referencing the correction from which the Egyptian market is emerging.]"
Ten national stock indexes are highlighted in a Special Section of the November Asian-Pacific Financial Forecast -- including Dubai. As you may recall, news about the emirate's debt crisis began to surface a year ago.
As Mark Galasiewski reports, Dubai real estate has lost some 50 percent of its value from peak prices. Does this fact relate to Dubai's stock market going forward? Well, Asian-Pacific Financial Forecast presents a revealing price chart of the Dubai market going back at least five years, and that chart is labeled with three key financial developments. Look at the chart and read Mark's analysis -- you'll likely reach your own conclusion about the probable direction of the Dubai market in the weeks and months ahead.
Moreover, you can read about 3 exchange-traded funds in Arabian markets.
Arabian merchants of old traveled with long caravans of goods-laden camels across open desert. Modern merchants trade shares on stock exchanges. We examine if a bull market is about to be awakened in specific Arabian markets -- or if some investors will only be rewarded with handfuls of hot sand.
Discover what Mark Galasiewski learned in Cairo, and how he reconciles "investor mood" with what Elliott waves are showing him.
Click here to start your risk-free read of the latest Asian-Pacific Financial Forecast.
Click here for more information resources on the Arabian Stock Markets.
Wednesday, December 01, 2010
Can Metatrader Indicators Really Help?
With the rise of popularity of the forex market, many people want to get involved with this kind of business. However, not all people can be professional traders especially those who are not careful. Trading needs to be analyzed and to be able to do so, you have to watch out for the trends in the market that will affect the rise and fall of a currency pair. That is a tiresome job to do and this is one of the reasons why developers have chosen to create forex robots. Now the Metatrader indicators are available also so that you will be able to strategize your plans well.
Metatrader indicators are predefined to create the signals when there is a need for you to buy and sell. They also help in determining the levels of resistance as well as the market support and the trends that will affect your trading. There are a great number of indicators that works well if you use them with your daily charts every week. Indicators have different characteristics and aspects you just need to pick the ones that are vital to your trading style. There are some that displays the value of a currency for a certain period of time. The moving average is known as the average of the price value of the currencies over a period of time.
These averages come in four types: the simple or arithmetic, the exponential, smoothed and linear weighted. MA's can be calculated through a set of sequential information. Examples of these are the staring and ending prices, peak and the bottom prices as well as the volume of trading. With single MA's, the prices often have an equivalent value. When it comes to Exponential and the Linear Weighted MA's, they are more concentrated on the current prices of the currencies.
Metatrader Expert Advisors carry the trading operations for the trader in automated mode. These EA's are very effective when you use them together with Metatrader Indicators. For the best indicators, you can go to http://iticsoftware.com where you will be able to find more information regarding the latest in the world of forex. There are examples of indicators that a trader can use along with the details of the tool you may choose to use.
Metatrader Indicators are a classic way for traders. They have visual constituents and internal buffers. These features make them work well with the Metatrader platform you have been using. Now you do not have to buy a new system just so you can use the indicator.
Divergence Metatrader Indicators
Before you get to know more about divergence indicators, you should first understand the meaning of a forex Metatrader indicator. This is a sequence of data points that are used by every knowledgeable trader to predict and even examine the movements of the currencies in the forex market. There are now a lot of popular technical indicators today and they grow in number each day because a trader is allowed to develop his own indicator.
With the divergence indicator, this is believed to be the most well known indicator that is being used by the traders today. When we speak of divergence, we are pertaining to the signal that a contraction or a rally is dropping steam. These indicators are even considered as the strongest signals especially when they are used together with stochastic divergence indicators. What happens here is that there are buyers during the last periods of the trades who are pushing the prices of the currencies into a certain direction while a greater number of traders have stopped transacting. This is because they are cautious of the retraction or the correction.
There are certain types of divergence indicators that are extremely popular today. Two of them are the stochastic oscillator and the Moving Average Convergence Divergence or MACD. The former is used to indicate whether the currency is being oversold or overbought and is presented on a scale of zero to one hundred per cent. This is based upon the observations that the indicator has obtained during a specific amount of time particularly on the closing prices. Stochastic is calculated once there are two lines that appear on the chart. They represent if a certain currency value is overbought or reversed. Divergence between the lines of the outcome of the stochastic oscillator as well as the action of the prices is actually a very powerful signal in forex trading.
On the other hand, MACD is an indicator that involves the setting of two lines that are related to the momentum of the currency value. The single line from the MACD chart is the difference between the two exponentials which are moving averages. Another line called the trigger or the signal line is the result of the exponential of the moving average from the difference of the first single line. Whenever the MACD and the lines that are known as the trigger cross each other, a trader can predict that there is a change in trend that will come in the not too distant future.
MACD divergence and stochastic divergence can be combined and this is actually a powerful method that a trader should try. It will also be much more effective if you try different custom indicator combinations using the stochastic and the RSI or the Relative Strength Index. Since stochastic is often used to determine whether it is time for a trader to buy a currency pair, having the MACD on check may lead to potential gains. What you will do here is to examine whether the value of MACD has a high fractal formation. If this turns out to be the case, you should definitely make the purchase as soon as possible. It is inevitable that traders like you will find other ways on how they can make their job easier and with the Metatrader indicators, you will surely discover them one way or the other.
Whatever divergence indicators that you choose to work on simultaneously, you should have a great understanding about their main elements. Since these types of indicators are really powerful, your trading opportunities will increase and in line with this, your gains will mount higher.
Metatrader Indicator Building Essentials
Knowing all of the essentials for building a forex indicator is important, especially if you really want as much use out of it as possible. There are many people who have built these indicators to help with the everyday tasks involved in trading in the foreign exchange market. When you have a Metatrader indicator, you will be able to take into consideration all of the different environmental and fundamental factors that can affect your trades, and therefore how much risk you are taking. The charts involved in this type of building will give you vital information, which can ultimately be used to analyze certain market trends, and give you valuable information that you would otherwise not have.
The basic idea behind these types of indicators is that with the right one, you will be able to see future directions that price movements will take. This in turn will give you a nice edge on everyone else who is not able to predict such things, and make decisions on trades accordingly. However, prices can only be predicted within a certain period of time, and it depends on a number of factors which can easily change the course of things. There are a few key things that traders try to predict when it comes to prices. One of these things is the support and resistance levels.
One of the reasons that support and resistance levels are so important is because they are the areas which determine whether or not a certain price changes direction. Time is something else that traders attempt to predict, and not always successfully. Your whole goal of building such an indicator is to predict the general direction a price is headed under certain conditions. There are all of the different kinds of indicators, each of them different in their own way. There is almost always an indicator present which represents momentum levels that are crucial for you to examine when trying to make predictions on where prices are headed.
When it comes to making accurate predictions, you have two different choices with regards to indicators. There are hybrid and unique indicators, each serving their own unique purpose. If you want to develop a unique indicator, you will need to know that they can only be created with core element chart analysis. If you want a hybrid indicator, then you will want to keep in mind that you will be able to use both existing indicators and certain core elements.
Those who want to build a unique indicator will want to consider all of the different components involved, starting with the patterns. The purpose of these is to repeat price sequences of a certain period of time. You will find that most Metatrader indicators use patterns as a way of showing where future prices are going. Another component of these indicators is mathematical functions. They have a very important role in averaging prices and also doing more complex things. It's important to consider all of these things, so you will have a good idea as to how to go about building your indicator.
Click here for more information resources for Forex Metatrader Indicators Account Copier Tools and EA Hosting