OPTIONSMART MORNING UPDATE: Trending higher
October 8th, 2009 at 9:17 am|
|
OPTIONSMART MORNING UPDATE: Trending higher |
||
|
1. OUTLOOK: The market finished considerably higher in broad-based fashion for the second straight session as overseas gains and a weaker U.S. dollar kept buyers in the market. Most investors believe that stocks are going to keep drifting higher for the next few months. Investors also welcomed reports that Australia became the first major economy to lift interest rates since the start of the financial crisis. Google's Android operating system for mobile phones will be available on the Verizon Wireless network under an agreement the companies announced Tuesday. U.S. futures point to a higher open.
|
|||
|
2. TRADING OPPORTUNITY: Buy the market on any weakness |
|||
|
3. OUR FREE
MONTHLY TRADING RECOMMENDATION AUTO-TRADABLE WITH
PARTICIPATING BROKERAGES:
to be published in late
October.
|
|||
|
4. WISDOM NUGGETS: Hope, fear and greed are not strategies: they are emotions. Simple emotions are not an effective strategy. Positive emotions could cause us to fail to apply riskprecautions. Negative emotion could cause us to hesitate. |
|||
|
5. SPECIAL OFFER: n/a Diversify your portfolio by receiving more frequent picks and trading alerts. Subscribe to our paid services!
|
|||
