-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Trade Ideas for Thursday - BRCM, YHOO, CIEN, RMBS » | World's Smallest Newspaper » | The beginning of fourth quarter RALLY !!!! » | Bears are pushing this market too far.... » | Oversold stocks to keep an eye Monday » | New concept car - Renault Neptun » | Stock on move this afternoon » | Bulls - Another day to forget .......... » | The biggest pool in the world » | SELL-OFF on the table, but some stocks resisted » 

Friday, November 16, 2007 

Recession is on the table again and markets are worried

Chart courtesy of stockcharts

YHOO - Yahoo shares were up today more than 1.4% to 25.44, with 27 million shares changing hands. Although I was bullish on Yahoo earlier, if it falls out of this area on a closing basis it could make a decent short.

Chart courtesy of stockcharts

NTAP - Network Appliance shares were down today more than 1.5% to $26.20. Once again, stock failed to move up after earnings and close the day near the major support. So, tommorow keep an eye on NTAP for a possible break down of this support, or for a bounce.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

Labels: ,

Bookmark and Share

Contact

About Me

    Photobucket
  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

  • Benzinga.com supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google