Daily Newsletter 2:26:18

Good Morning….

Happy a new, fresh, and awesome week. Today is Monday and its the first day of the week to start trading as am super excited to sit back and see what this week will be like and try to finish the month of February in good spirit with positive momentum. The market continues to hold its strength as it had a strong close upward trying to show bullish continuation.

The DOW NASDQ, and SP 500 all closed in the Green, which is an indicator of a bullish move. The whole month of February I’ve noticed few signs of trading charts, during this time, I’ve noticed buying stocks at its support area is allot more rewarding versus trying to buy a stock at its breakout resist area. This seem to work intraday and on daily charts. Furthermore, I’ve seen great press news get released and lots of hype comes through by volume and momentum to see a stock built higher highs but once it reaches that resistant area, volume slows down, and we see selloff. Its the same thing on certain great chart patterns on daily for possible swing and hold. Once a stock reaches that resist, stocks aren’t making breakouts and instead I see selloff. So, be aware of the market condition and its behavior when trading. For me, its either buying low at a good support area, and not chasing a stock spiking 20, 30, or even 40 percent and try to see if it will breakout. Thats my intake and feedback of what I’ve witnessed in recent weeks.

Can’t wait to hear that bell ring, as am so optimistic about what the future will deliver when trying to trade.

Here is today’s iTwitsTrades Watchlist:

News:

$S (Announce the formation of the Seamless Air Alliance – which will usher in a new era of innovation for airlines on all routes)

$NXTD (Today announced a network services agreement to allow devices that are integrated with the FitPay Payment Platform[TM] to provision tokenized payment credentials through Discover® Digital Exchange (DDX)

$KOOL (Today announced the commercial launch of its AXP II system for the advanced isolation, collection and storage of hematopoietic stem cell concentrates from cord blood and peripheral blood.)

$SNCR (today announced it has been selected by Sprint to lead the transformation of its online environment for business customers.)

$CNIT (CNIT Receives $1 Million Cloud-based Ad Terminal Order for Heze, Shandong Province)

Chart Patterns:

  • $ +2% w/ only 4m in float and falling wedge in a downtrend could lead to a nice spike next week. Bullish with support @1.6 On high watch next week break of 1.75 and then 2.
  • $TRVG +5% w/ lots of support @7.65 as continues to b on a trend line support plus 50 SMA key level. 30m in float which is a little higher float that means slow gainer than fast rip stock. Market Condition, buying support is a lot safer vs. buying at breaking resists.

Today’s Market Briefing:

Futures were sharply higher this morning, appearing to continue the surge seen Friday. The late-month increase may not be enough to get the market back to breakeven for the month, with the Dow down 3.2 percent, the S&P 500 down 2.7 percent, and the Nasdaq down 1 percent. (CNBC)

It’s a busy week for economic numbers but just one is on today’s calendar, with the government issuing new home sales for January. Consensus forecasts call for a 4 percent jump in sales, partially reversing December’s 9.3 percent decline. (CNBC)

Today’s Pre-market Gappers:

Today’s Pre-market News Scan:

Friday’s Overall Market view:

Friday’s Top Gainers and Losers:

 

Disclaimer:
Am a mid-class hard working person, with possible winning opinions on the stock market? I tweet, post, and discuss securities, which are nt to be used for personal investment. Thank you for stopping by. Please subscribe, follow, and stay up to date with all my blogs in the future. Below is the link(s) to all my social media:
No Recommendations or Advice Provided – Contact Your Own Investment, Tax or Legal Advisor
http://www.itwitsblog.com, including Ramy Dobia, hereinafter referred to as (“iTwitsTrade”) or (“the service”) provides general information only. It is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. iTwitsTrade is not registered as a securities broker-dealer or as an investment adviser either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority and do not attempt or intend to influence the purchase or sale of any security.
iTwitsTrade is neither licensed nor qualified to provide investment advice. As such, iTwitsTrade accepts no liability whatsoever for any direct or consequential loss arising from any use of information from the Service. No information from iTwitsTrade is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security, or fund. iTwitsTrade recommends that persons desiring to trade or invest in securities do so cautiously and in consultation with their qualified financial, legal, and tax advisors.
I cannot and do not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. Before selling or buying any stock or other investment you should consult with a qualified broker or another financial professional to verify pricing information.
iTwitsTrade reserves the right, for its officers, directors, shareholders, and agents as well as itself, to buy and/or sell securities mentioned on this web site. We are active traders and may — but need not –buy or sell any of these securities at any time and without notice. Our buying and selling of any of these securities may influence their market prices.
Past Performance is not indicative of future results.
Many microcap companies do not file reports with the SEC, making it difficult to get the facts about such a company’s management, products, services, and finances.
Never depend solely on the information contained in an Internet publication. The risk of fraudulent information exists with many Internet sites.
This site contains information concerning iTwitsTrade and its affiliates that may be useful to iTwitstrade’s customers, and readers as well as members of the general public. However, by using this site you are accepting all of the terms of this disclaimer notice, including exclusions and limitations of liability. If you do not agree with anything in this notice, you should not use this website.
While reasonable efforts are made to ensure that the contents of this site are accurate, this site and its contents are provided on an “as is,” “as available” basis, without warranties of any kind, including any warranty that the site will be kept up to date, be true and not misleading, or that the site will always (or ever) be available for use. iTwitsTrade and its affiliates disclaim all warranties, express or implied, with respect to the site and its contents, including, without limitation, any warranties of accuracy, completeness, timeliness, non-infringement, title, merchantability, or fitness for a particular purpose. Because some jurisdictions do not permit the exclusion of certain warranties, these exclusions may not apply to you.
iTwitsTrade does not warrant that the servers that make this site available will be errors, virus-, worm-, or bug-free and you accept that it is your responsibility to make adequate provision for protection against such threats.
In no event will iTwitsTrade or its affiliates be liable for any incidental, indirect, consequential, or special damages of any kind, or any damages whatsoever, including, without limitation, those resulting from loss of profits, contracts, goodwill, data, information, income, anticipated savings, or business relationships, whether or not iTwitsTrade or its affiliates have been advised of the possibility of such damage, arising out of or in connection with the use of this site or its contents or any other sites linked to this site.
All information are gathered and credited to:
CNBC
FinViz
Yahoo
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Powered by WordPress.com.

Up ↑

%d bloggers like this: