Invest For Financial Freedom

Some Basic Technical Analysis Indicators

2009-01-01T20:54:00.000-08:00

Happy New year!
This is my first post in this blog of the Year 2009! I am thinking to share some very Basic Technical Analysis indicators and Charting in this entry.

Basically there are 3 types of Chart:-
1. Line Chart
2. Bar Chart
3. Candlestick Chart

I am using GBPJPY (Pound Yen) pair in H1 (1 hour) for all the charts below:-

Line Chart

- Line chart is the most basic Chart. It only has lines, you can not know clearly about how price moves in each hour in the day.

Bar Chart

- Bar Chart presents the information inside a chart Better. How to see?

Each of the bar in consist of 3 lines, horizontal line on left, horizontal line on right and a vertical line. Each of the Bar is in a certain period. The first Bar Chart that I show is in H1, meaning that each bar is equal to one hour. Horizontal line on the left is named as "Open". Horizontal line of the right is named as "Close". The top of the vertical line is named as "High" and the bottom of the chart is named as "Low". In H1, Chart, eg: 2:00 am. At 2:00:00 am, the opening price of the bar will be the Left horizontal line. In that 1 hour, (from 2:00:00 am to 2:59:59), the price will move up and down, you do not know where will the price move. So, the highest price move on that hour, will the the "High" and the lowest price on that 1 hour will be the "Low". At 2:59:59, the price will determine the "Close".

Candlestick

If I am not mistaken, this Candlestick chart is developed by Japanese about 400 years ago to predict the supply and demand of Rice. It is amazing that it is still using until today. Candlestick chart is actually the most popular charting. How to see it? It is almost the same like Bar Chart, but it is easier to see and you will notice if the price is up or down within some distance from the chart.

It is basically consists of 2 types of candle. White and Black (The colour of the candlestick can be customized). The White candle means that on that period, the price is moving up (Bullish), the Black candle means that on that period, the price is moving down (Bearish). I think example above illustrates the Candlestick Chart well.

Technical Analysis
The First Technical Analysis indicator that I would like to share is Bollinger Bands. Bollinger Bands is created by a person name John Bollinger in early 80s. I will not go into details on the Bollinger Bands here.

What is Bollinger Band?
- In simple world, it is a technical analysis indicator that determine if something is oversold or overbought. I will use Forex pair as example.

Bollinger Bands Parameters

Period that we are using is 21 and Deviations is 3. The default for this PFGFX platform is 20 and 2. What is Period and Deviations? Well. I will keep it simple for this post, so, will not discuss here.

Chart without Bollinger Bands (BB)

- From this chart, you see that like only a random price movement. You can not get much information from the Chart.

Chart with Bollinger Bands (BB)

After I add Bollinger Bands inside, it shows some information. Bollinger Bands determine if a pair in Forex is Oversold (when the price touches the lower Band) and Overbought (when the price touches the upper Band).

I have highlighted the Oversold and Overbought areas at the below chart:-

However, you must understand that that Bollinger Bands is not a Holy Grail.. It is not 100% accurate. In my opinion, the accuracy of Bollinger Bands is only about 60-70%. So, it is actually acts as support indicator in our SRDC (Support Resistance Daily Candle).
Happy Trading Everyone! May all the Good trades be with you in Year 2009!

What I am up to?

2008-12-22T22:38:00.000-08:00

I have stopped blogging for sometime due to Personal/Career changing. So, What I am up to?

Since dropping my IT career, it took me about 2 years to confirm on my direction in Investment/Trading Line.

Why do I quit my IT Career? The reason is simple, I do not want to be a worker forever and I hate 9-5 job.
Anyone who reads books by Robert Kiyosaki will understand my situation. 90% of people in this world is Employee and Self-Employed (E and S quadrant) and they are making Active Income (Only 10% of the wealth of the world). While 10% of people in this world is doing Business or Investment (B and I quadrant) and they are making Passive Income (90% of the wealth of the world).

The Figure shows that if you want to become rich, you should be in B and I quadrant. Well, Money is not the only motivation for me to jump quadrant. I have seen many Workers, Employees, Self-Employed (like my father) who live a difficult life, most of them still need to work even they are above 60 year old! I have seen a Taxi driver who is 70 years old! I know that I can be better than that. I promise to myself that I will provide myself and my future family a quality life.

So, I made a decision, fired my boss in Intel, threw away IT Bachelor Degree, awards and began a new journey about 2 years back.

I began my journey by joining OSK Investment Bank (Malaysia) as Dealer's Representative and also joined a small USA company as Day Trader for NYSE (New York Stock Exchange). It has been a pretty interesting experience and much to learn in 2 jobs while I only slept for 5 hours daily. It has been an exhausting 1 year as I have tried my best to learn as much as I can in Investment while finding direction in Investment. After sometime, I began to learn Forex from a friend.

I summarized the relationship of Forex with other Financial Instruments as below:-
Among these 3 financial instruments, Forex needs the lowest start up Capital (eg: as low as $10 usd only!). While You need to have at least RM 1k to invest/trade in stock while RM10k for Future/Commodity market. I also found out that Forex is the Big brother as whatever is its movement, it will affect Commodity and Stock market. Another benefit of Forex is 24 hours market! Even if you go for vacation in other country, you can see the market as long as you have laptop and Internet Connection. Well, I believe the table illustrates well and I do not have to explain more on why after I learned Forex and I have never look back since.

I am so fortunate to have a chance to get to know a Prefessional Forex Trader and he is currently my sensei/mentor and his nick name is Orange Roshan. He is a very positive and motivated person. This is the First time I meet such a person in my life.

Learned from him that Forex Trading is NOT just about Methods of trading (only contributes 10% of the success rate).

What you need to succeed in Forex Trading?
1. Stick to Proven Methods/systems (eg: Methods/Systems that are using by big Fund Managers)
2. Continuous Mentoring from a Professional Forex Trader
3. Psychology (The Most Difficult Part)
I know that to be succeed in Forex trading really needs time, So, I will take time to learn from him as 90% of success if determine by Mentoring and Psychology.

What makes him a professional Forex Trader? Well, you have to find it out on your own. Please check it up from our Forum (www.orangeroshan.com). Registration is Free and you can access to 3 Methods of Trading (SRDC 1,2 and 3). Well, Methods alone is not enough like I said previously. Continuous Mentoring and Psychology are way more important.

Carnival of Equity Trading #10 - June 15, 2008

2008-06-15T08:10:00.000-07:00

Welcome to the June 8, 2008 edition of carnival of equity trading.

Slackerwealth presents Quicksilver: A Stock to Benefit from High Energy Prices posted at A Slacker's Quest for His First Million, saying, "I examine Quicksilver (KWK), a company that may continue to benefit from high oil and natural gas prices."

Day Trading

The Shark Investor presents 10 Reasons Not To Trade Forex posted at The Shark Investor, saying, "Why forex trading is not real investing"

Equity Trading

Babak presents Free Online Tools To Find Correlated Stocks posted at Trader's Narrative, saying, "Free online tools to find correlating stocks."

Investment

mmhabits presents How to Invest for the First Time posted at Millionaire Money Habits, saying, "For the fist time investors, learning how to invest can seem quite daunting. You have 15,000 U.S. companies that you can choose from, a lot of new terminology to learn, and just the sheer volume of brokerage options and investing strategies can make things complicated. Read this to learn how to simplify the process."

KCLau presents Picking the right Structured Fund posted at KCLau's Money Tips, saying, "About how to pick the right structured funds and what they are all about."

Aussie Investor presents Australian Stock Market Investing posted at Australian Investing, saying, "What is the difference between investing and speculating? This post compares the two and how they apply to the Australian stock market."

Steve Faber presents - Different Ways of Investing Money – What is the Best Choice for You? posted at DebtBlog.

k presents How to profit from financial markets - Introduction posted at How to profit from financial markets, saying, "How to profit from financial markets (Commodities, Stocks, Forex, etc) Invest your time reading this, before investing your money. Financial Education starts here"

MoneyNing presents How I Started Buying My First Stock posted at Money Ning, saying, "How I started investing!"

Kacper Wrzesniewski presents Moving Average as a support or resistance posted at KacperWrzesniewski.com, saying, "Today, I want to show you that we can also use this technique to look for resistances and supports."

Leon Gettler presents Banking squeeze posted at Sox First, saying, "Lehman Brothers $2.8 billion loss is a warning for investors: banks simply don’t trust each other any more which is a worry for anyone who has invested their money in financial services."

Ellesse presents Free Career, Business & Trade Magazines for Your Career & Economic Goals posted at Goal Setting College.

Raymond presents Warren Buffett’s Single Most Important Piece Of Advice For Stock Market Investors posted at Money Blue Book.

Raymond presents List Of the Best Online Discount Brokers posted at Money Blue Book.

That concludes the Carnival of Equity Trading Edition #10. We have had many good articles from various of people and I learned a lot from you. I would like to take this opportunity to inform all of you that I will stop to host this Carnival of Equity Trading for a while, I will use all my time to laser focus on my career and investment. When the next time I host again, I promise that the Carnival of Equity Trading will be better and more enjoyable.

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carnival of equity trading, blog carnival.

Carnival of Equity Trading #9- June 8, 2008

2008-06-08T08:09:00.000-07:00

Welcome to the June 8, 2008 edition of carnival of equity trading.

KCLau presents Investment-linked funds performance last year posted at KCLau's Money Tips, saying, "about the formats of investment-linked performance results"

Day Trading

Heather Johnson presents Five Online Resources for Forex Beginners posted at Everything Finance.

Equity Trading

Alvaro Fernandez presents Your Brain On Trading 101 posted at SharpBrains, saying, "A trader and neurologist introduces us to the world of the Brain on Trading and the differences between expert and novice traders."

Brice Hogan presents Creating A Stock Portfolio posted at Financialzip.com, saying, "Creating an portfolio is essential to..."

Investment

Passive Income Investor presents Profiting From The Rise In The Price Of Oil posted at LIVING OFF DIVIDENDS & PASSIVE INCOME.

Babak presents Does A Bull Market Need Financial Stocks’ Leadership? posted at Trader's Narrative, saying, "Is the market shibboleth that financial stocks must lead or do well for a bull market true? You'd be surprised to know the truth."

Aussie Investor presents Australian Stock Market Basics posted at Australian Investing, saying, "This post provides an introduction to the Australian Stock Market. Whether you're an Australian looking to invest locally or your just someone looking to invest internationally, this post covers the basics."

Raag Vamdatt presents What is American Depository Receipt (ADR) and Global Depository Receipt (GDR)? :: RaagVamdatt.com :: Financial Planning demystified posted at RaagVamdatt.com - Financial Planning demystified.

Marcus presents Investing In The Stock Market posted at Stock Market Investing For Beginners, saying, "This article provides some tips for investing in the stock market. By taking a long term view, planning your investment strategy and sticking to your plan, investing in the stock market can be a great way to build wealth."

Leon Gettler presents Lehman: Is this a Bear Stearns replay? posted at Sox First, saying, "All eyes are on Lehman Brothers tanking. Is this a Bear Stearns replay?"

Raymond presents How To Open A Roth IRA Account And Which Broker To Use posted at Money Blue Book.

That concludes the Carnival of Equity Trading Edition #9 . Submit your blog article to the Carnival of Equity Trading Edition #10 which is due on 12am EDT June 15, 2008 using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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Carnival of Equity Trading #8- June 1, 2008

2008-06-01T16:08:00.000-07:00

Welcome to the June 1, 2008 edition of carnival of equity trading.

Mag Herrera presents The Quest for Making Money Online posted at Life. Money. Development., saying, "Personal opinion and views about the rush for making money online"

Day Trading

Jed Norwood presents Forex Trading Charts | Long Term vs Short Term posted at Forex Trading Systems, saying, "Many traders choose to trade on longer period charts while working a full time job. This article explains briefly the difference between long-term and short-term trading."

Investment

Investing Angel presents Investment Mistakes To Avoid » Free Stock Market Investing Tips posted at Stock Tips, saying, "Some investment mistakes that you need to avoid to make a lot of money."

Value Seeker presents Are Mutual Funds For You? posted at Stock Investing, saying, "Figure out if mutual funds are the right thing for you to invest in."

Investing Angel presents Why I?m Shorting Microsoft (MSFT) posted at Stock Tips, saying, "Author believe Microsoft has nowhere to go but down."

The Stock Teacher presents Avoid Making This Key Investment Mistake posted at Stock Investment, saying, "Many people make bad investment decisions because they let their emotions take control of them."

Walter W. Fouse presents Vanguard Index Mutual Funds Versus Vanguard Managed Funds posted at Best No Load Funds.

Joshua Seth presents What To Do With Your Tax Rebate Check posted at Joshua Seth Blog.

That concludes the Carnival of Equity Trading Edition #8 . Submit your blog article to the Carnival of Equity Trading Edition #9 which is due on 12am EDT June 8, 2008 using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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Carnival of Equity Trading #7- May 25, 2008

2008-05-25T11:14:00.000-07:00

Welcome to the May 25, 2008 edition of carnival of equity trading.

David-Bernard Ugonna presents Negotiating in real estate posted at David Bernard Ugonna, saying, "Real Estate Investing"

Praveen presents How to Screen Stocks With Yahoo Finance posted at My Simple Trading System.

Sally Thompson presents 100 Resources to Go to College on the Cheap posted at College Degrees.

Equity Trading

Nandita presents Differential Voting Rights | Law Matters posted at law Matters.

Brice Hogan presents Use Investors Business Daily posted at Financialzip.com.

Investment

Larry Russell presents The Top 25 Low Cost Best US Money Market Funds posted at THE SKILLED INVESTOR Blog.

Aussie Investor presents Stock Analysis - Debt To Equity Ratio posted at Stock Market Investing For Beginners, saying, "When investing in the stock market, do you look at debt. Do you know how much risk you're taking on through the borrowings of the stocks you own? This article discusses the debt to equity ratio. What it is, how to calculate it and how to apply it to your stock market investments."

Babak presents Conditions Of New Bull Markets: Recession posted at Trader's Narrative, saying, "How a recession can actually signal a new bull market."

Steve Faber presents - Investing in Oil vs. Investing in Energy for the Future – Do Alternative Energy Funds Track Crude Prices? posted at DebtBlog.

Raymond presents Warren Buffett’s Single Most Important Piece Of Advice For Stock Market Investors posted at Money Blue Book.

kozen presents Why you should go short in Oil - I do! posted at Market Thoughts for Profitable Investment.

That concludes the Carnival of Equity Trading Edition #7 . Submit your blog article to the Carnival of Equity Trading Edition #8 which is due on 12am EDT June , 2008 using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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Carnival of Equity Trading #6- May 18, 2008

2008-05-19T00:56:00.000-07:00

Welcome to the May 18, 2008 edition of carnival of equity trading.

Rickey Henderson presents A Memo from the Office of Steven R. Lawlor, CPA, to Indiana Jones posted at Riding with Rickey.

Mag Herrera presents - Using a Trailing Stop Limit Can Generate Explosive Investment Returns posted at DebtBlog.

Brice Hogan presents The Seventh Wonder of the World: Compounding Interest | Financialzip.com posted at Financialzip.com, saying, "Why compound interest is so powerful."

Lane Wright presents Compete with the Pros posted at Awesome Forex Alerts.

Investment

Investing Angel presents Why Most Investors Buy High And Sell Low » Free Stock Market Investing Tips posted at Stock Tips, saying, "Most investors buy stocks when they are overvalued since they give into herd mentality."

Babak presents Long Term Cumulative Breadth Charts posted at Trader's Narrative, saying, "Why cumulative breadth can be misleading as an indicator."

Leon Gettler presents Investor crystal ball gazing posted at Sox First, saying, "With the credit squeeze and soaring energy prices, it's worth asking whether investors can see that far ahead. How do investors read trends and make the right calls?"

Raymond presents Warren Buffett’s Single Most Important Piece Of Advice For Stock Market Investors posted at Money Blue Book.

Dorian Wales presents The Personal Financier: Know your Portfolio - Three Simple Charts Can Make a World of Difference posted at Personal Financier, saying, "Portfolios change as investments change – make sure it still fits your goals and risk tolerance"

That concludes the Carnival of Equity Trading Edition #6 . Submit your blog article to the Carnival of Equity Trading Edition #7 which is due on 12am EDT May 25, 2008 using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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How to marry a guy with $500k annual income

2008-05-17T04:32:00.000-07:00

A young and pretty lady posted this on a popular forum:

Title: What should I do to marry a rich guy?

I'm going to be honest of what I'm going to say here. I'm 25 this year. I'm very pretty, have style and good taste. I wish to marry a guy with $500k annual salary or above. You might say that I'm greedy, but an annual salary of $1M is considered only as middle class in New York. My requirement is not high. Is there anyone in this forum who has an income of $500k annual salary? Are you all married? I wanted to ask: what should I do to marry rich persons like you? Among those I've dated, the richest is $250k annual income, and it seems that this is my upper limit. If someone is going to move into high cost residential area on the west of New York City Garden (?), $250k annual income is not enough.

I'm here humbly to ask a few questions:
1) Where do most rich bachelors hang out? (Please list down the names and addresses of bars, restaurant, gym)
2) Which age group should I target?
3) Why most wives of the riches is only average-looking? I've
met a few girls who doesn't have looks and are not interesting, but they are able to marry rich guys
4) How do you decide who can be your wife, and who can only be your girlfriend? (my target now is to get married)

Ms. Pretty

Here's a reply from a Wall Street Financial guy:

Dear Ms. Pretty,

I have read your post with great interest. Guess there are lots of girls out there who have similar questions like yours. Please allow me to analyse your situation as a professional investor. My annual income is more than $500k, which meets your requirement, so I hope everyone believes that I'm not wasting time here. From the standpoint of a business person, it is a bad decision to marry you. The answer is very simple, so let me explain. Put the details aside, what you're trying to do is an exchange of "beauty" and "money": Person A provides beauty, and Person B pays for it, fair and square. However, there's a deadly problem here, your beauty will fade, but my money will not be gone without any good reason. The fact is, my income might increase from year to year, but you can't be prettier year after year. Hence from the viewpoint of economics, I am an appreciation asset, and you are a depreciation asset. It's not just normal depreciation, but exponential depreciation. If that is your only asset, your value will be much worried 10 years later.

By the terms we use in Wall Street, every trading has a position, dating with you is also a "trading position". If the trade value dropped we will sell it and it is not a good idea to keep it for long term - same
goes with the marriage that you wanted. It might be cruel to say this, but in order to make a wiser decision any assets with great depreciation value will be sold or "leased". Anyone with over $500k annual income is not a fool; we would only date you, but will not marry you. I would advice that you forget looking for any clues to marry a rich guy. And by the way, you could make yourself to become a rich person with $500k annual income. This has better chance than finding a rich fool.

Hope this reply helps. If you are interested in "leasing" services, do
contact me…

signed,
J.P. Morgan

Is the worst really over?

2008-05-10T09:41:00.000-07:00

Last Week, I sold part of my Apple shares and its options to buy some other Financial stock options and most of my financial stock options are in negative! I bought at the wrong timing. If you ask me, " is the worst really over?" Answer: "I doubt it."
Crude oil price is trading above $125 and AIG missed earnings and lower its guidance. The above trades are only simulation.

Carnival of Equity Trading #5- May 11, 2008

2008-05-10T09:26:00.000-07:00

Welcome to the May 11, 2008 edition of carnival of equity trading.

Dorian Wales presents Do you understand investment risk? posted at Personal Financier, saying, "Talk of investment risk is abundant but what is investment risk really?"

Sagar presents 6 Ways Greenspan Caused the Current Economic Crisis | Currency Trading.net posted at Currency Trading.net.

Mandy Trapper presents Low Cost Options Are Available For The Forex Beginner posted at Forex Trading System Secrets.

Day Trading

miracletech presents IRS Declares me one of the top Day Traders in History posted at TuffTrade.

Equity Trading

Brice Hogan presents Equities (The Basics of Stocks) posted at Financialzip.com, saying, "A good refresher on how stocks work."

Raymond presents List Of the Best Online Discount Brokers posted at Money Blue Book.

Investment

Leon Gettler presents Does gold stack up? posted at Sox First, saying, "No substance has held as much allure over the centuries as gold. And that allure still seems to hold with gold prices going up to as much as $1000 an ounce in March. But gold does not stack up in investment portfolios."

Steve Faber presents - Lessons About Investing – Beginning Investing Mistakes to Avoid posted at DebtBlog.

Value Seeker presents Stock Investment Resource: Stock Market Investing Tips - Growth vs. Value Investing posted at Stock Investing, saying, "The pros and cons of investing in growth vs value stocks."

Barb A. Ryan presents 10 - Independent Investment Counselors and Financial Advisors posted at Pasadena Financial Planner.

Investing Angel presents Some Thoughts On Google (GOOG) » Free Stock Market Investing Tips posted at Stock Tips, saying, "A few thoughts about the google stock"

That concludes the Carnival of Equity Trading Edition #5 . Submit your blog article to the Carnival of Equity Trading Edition #6 which is due on 12am EDT May 18, 2008 using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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Profit taking from Apple and Call options

2008-05-04T10:53:00.000-07:00

I have decided to take some profit from Apple and also the call options to release some buying power to buy other options next week. There are a few options that I am watching: Goldman Sachs (NYSE: GS) Call option, Citigroup (NYSE:C) Call Option, Microsoft (NASDAQ:MSFT) Call Option, Yahoo (NASDAQ:YHOO) Put Option and Bank Of America (NYSE:BAC) Call Option. Research in Motion (NASDAQ: RIMM) is also in my watch list as it has very good momentum comparing with Apple (NASDAQ: AAPL). But what I do not like is RIMM has only a single of line of product - Blackberry while Apple has multiple lines of products - IPhone , IPod, ITunes, Mac and more which make me think that Apple is more attractive.

Profit from Apple on May 2, 2008: 40.77% or $5,240.00

Profits from Options on May 2, 2008: 101.13 % or $41,210.00

Merck (NYSE:MRK) is doing well, it is just the matter of time for it to trade above $40.

The reasons I choose the Call and Put options stated above.
The Deal between Microsoft and Yahoo is Off! So, that is the reason I have placed order to buy Call Options for Microsoft and Put Options for Yahoo. Goldman Sachs is trading above $200, to me it is a buy opportunity as long as it is trading above $200. If the worst is over, I guess some good fundamental financial Stocks might be attractive. So, I am placing order for Citigroup and Bank of America which have been killed since October, 2007.

Disclaimer: The above trades are not in Real money

Carnival of Equity Trading #4- May 4, 2008

2008-05-04T10:14:00.000-07:00

Welcome to the May 4, 2008 edition of carnival of equity trading.

Day Trading

Jed Norwood presents Forex Trading Secrets | Building a Profitable Trading Account posted at Forex Strategy Secrets, saying, "This post is relevant to trading in any market. It will help you understand how to build your trading account."

Investment

Value Seeker presents Stock Investment Resource: Stock Market Investing Tips - Is Small Cap Value The Key For 2008? posted at Stock Investing, saying, "Small cap value stocks performed poorly in 2007. Will 2008 see a resurgence of small cap value?"

KCLau presents Everything you are looking for about Bursa Malaysia posted at KCLau's Money Tips, saying, "A list of sources for you to learn about stocks and shares"

Eric presents Growing Money posted at Make Money Blog, saying, "Tips on making money, avoiding scams, growing money, and overcoming poverty."

Raag Vamdatt presents Initial Public Offering (IPO) Modernization - Benefits for small investors :: RaagVamdatt.com :: Financial Planning demystified posted at RaagVamdatt.com - Financial Planning demystified.

Larry Russell presents The Financial Services Industry is Still the Largest S&P 500 Sector - Even after the Collapse of its Stock Values posted at THE SKILLED INVESTOR Blog.

The Fund investor presents Why Invest In Mutual Funds? posted at Mutual Fund Investing Tips, saying, "Many people invest in mutual funds without really understanding the benefits of this type of investment vehicle."

Babak presents The Fertilizer Commodity Bubble: Potash (POT) posted at Trader's Narrative, saying, "Back in the glory days of the tech bubble, Nortel's share price went so high that it dragged the Toronto Stock Exchange higher, kicking and screaming. Nortel became the largest capitalization stock at the time on the TSX. Now a very boring stock: Potash - as in #2 (fertilizer) has that honor. But caution! When one stock takes over with such a meteoric rise it is wise to give it a wide berth."

That concludes the Carnival of Equity Trading Edition #4 . Submit your blog article to the Carnival of Equity Trading Edition #5 which is due on 12am EDT May 11, 2008 using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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Profits from Apple and Call options on May 1, 2008

2008-05-01T14:40:00.001-07:00

Today the USA market was pretty strong. S&P 500 Index was able to close above the Major support of 1400. Last time 500 Index closed above 1400 was on 10 January. I believe that market will trading above this level for some time and will continue to go higher. I guess "The Worst is Over!" is sticking in the minds of the majority investors.

Apple has broken through the resistance at $175 and 180. Well, it is not unusual as the market was so strong, DOW was up 1.48% and NASDAQ was up 2.81%. Any strong NASDAQ stocks could easier up 3% today, Google was up 3.27%, Research in Motion was up 5.24% and Apple was up 3.48%.

The below is my profit from Apple shares: 40.03% or $5,146.00

Now, I will take half of the profit if it is trading below $175 and let the other half goes.

My profit from options: 92.18 % or $37,565.00
I just bought 2 new call options which the mother share is MERCK (NYSE:MRK). Merck is a Drug company. I bought the call options because Merck was recommended by Jim Cramer. As per Jim Cramer, Merck has better growth than Pfizer(NYSE:PZE), although both companies are Dow Components. I see the Daily chart for Merck, its share price is trading at half of what it was on January. It was getting killed and it sounds like another Apple or Google. The investors were just over react for the last couple of months. It is a steal at this price!

Now the market is getting stronger and I think that it is the buy opportunity for the stocks which have good fundamental but were killed because of the over reactions from investors and may be because of the fear of the Recession.

I have paper Profit of more than $30k from Apple and Apple Call Options!

2008-04-29T13:52:00.000-07:00

Apple was up $5 in 2 days and I have paper profit of more than $30k! This is amazing! I guess Apple will stay above $170 for a while. I will not take any chance, if Apple comes down below $170, I will take half of the profit. I might put a sell stop at $169.90 for 50% of my Apple shares.

Profit from Apple Mother shares: 36.18% or $4651.00

Total Profit from Apple Call Options: 156.47% or $29,025.00

Apple is trading comfortably above Support of $170 right now. It will stay at the price level as long as there is no bad news from the company or any so-called analysts downgrade the stock with stupid reasons. In my opinion, it will trading upward all the way to $200 again before the end of this year. Let's see if I am right.

Well again, I really hope that the above trades are in real money.

Profit from Apple Call Options, Look at That!

2008-04-27T12:15:00.000-07:00

I have bought Apple Call Options when Apple was almost at the Bottom. At one time, I was losing more than $10k and now I have paper profit of $22k! With this money, I can buy a few IPhones and also may be change my current Dell Laptop to a MacBook Air! I also have bought 100 Apple Mother shares at the $128.54 an Now I have paper profit of $4,119.

I think that Apple could go higher. I will feel comfortable as long as it is trading above $160 and $150. If it is really come down below $160, I think I might take half of the profit and let the other half goes. Now, the resistance is at $170, I hope next week it could break it convincingly.

How I wish that the above trades are real money. :-)

Carnival of Equity Trading #3- April 27, 2008

2008-04-27T11:34:00.000-07:00

Welcome to the Carnival of Equity Trading #3

Equity Trading

Heather Johnson presents Top 5 Online Portfolio Management Tools posted at My Simple Trading System.

Andy presents Stock Selection - 5 things to look at posted at Saving to Invest, saying, "5 things to look at before buying a stock"

Investment

Investing Angel presents Studying The Stock Market Trends During Recession » Free Stock Market Investing Tips posted at Stock Tips.

Barb A. Ryan presents Asset Allocation, Investment Asset Tax Location, and Emergency Cash Management posted at Pasadena Financial Planner.

Brice Hogan presents Advanced Fundamental Analysis posted at Financialzip.com, saying, "6 very important steps to use to value a company on a fundamental basis."

Leon Gettler presents Missing analysts posted at Sox First, saying, "Investors beware!! The credit crunch and weakening economy are showing up how bad analysts are. In the fourth quarter, almost 1800 equity analysts overestimated final results by 33.5 percentage points, the biggest miss ever!"

Investing Angel presents Why I Sold My Apple Shares Today » Free Stock Market Investing Tips posted at Stock Tips, saying, "Apple is a great brand and a great company, but I still sold my shares of the company recently."

That concludes the Carnival of Equity Trading Edition #3 . Submit your blog article to the Carnival of Equity Trading Edition #4 which is due on 12am EDT May 4, 2008 using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

Technorati tags:
carnival of equity trading, blog carnival.

Tips for procrastinators: How to be punctual for work or school

2008-04-22T14:56:00.000-07:00

Are you always late for work or school? Are you always set your alarm 30 minutes earlier for yourself to have time to clean up yourself, but you hit the snooze button so that you continue sleep another 15 minutes. Next,it turns out that you have to rush to clean up yourself and late for work/school. I bet you come to the right place. I rarely late for work/school as a result of a thing that I do to make myself punctual - "Set all my clocks to be running on a future time"

I have this weird habit since high school to make myself to be punctual for any events. The time of my clock and watch during high school was 30 minutes ahead of the actual time. About 2 years back when I was still in University, I set the time of my clock and watch an hour faster. So, I always be the first one who arrived at the lecture hall. Sometime when I reached the lecture hall and I saw no body was inside, I would have confused myself that I saw the wrong time table. After I called my friends for time table, then only I realized that the time of my watch was an hour faster. Usually, I used the EXTRA time to do self study inside the empty lecture hall.

However, this technique will only be useful if you are able to make yourself forget that you set your time ahead of the actual time. It will not be useful if you set time of your clock 30 minutes faster but you hit the snooze button and continue to sleep for another 45 minutes. This is normal and it happened to me during university when I got used to the time I set and my mind would auto-deduct an hour from the current time and I became late for my classes. But after a short while, I found a remedy for this problem - "Make myself not to get used to the time that I set". Once a while, I will set my clocks back to normal time and then I will set the time ahead after one or two weeks. With this way, I will not get used with the advance time that I set on my clock or watch.

Steps of this technique:-
1. Set all your clocks time to a future time (all depends on how much time you need to continue procrastinate, FYI, now I am 20 minutes ahead of the actual time)
2. Set all your clocks time back to normal time after about a month
2. Set all your clocks time to a future time again.

I have been practicing this for years and it works well for me. Try it out yourself and let me know if this works for you.

Google Blows past Estimates, Apple above 160 support

2008-04-20T12:45:00.001-07:00

For the past few months, Google (NASDAQ:GOOG) has been hammered resulting from the rumors of its decreasing click-through rates and its market share might be grabbed back by YAHOO! (NASDAQ: YHOO) and it was further fueled by some so-called analysts to downgrade the stock which continued the burning of the stock. Google has reported its first 1Q earnings of 2008 on last Thursday after market close which blew past estimates and the stock was eventually up 20% on Friday!

Another stock which has been hammered by so-call Analysts was APPLE (NASDAQ:AAPL) for the rumors of less revenue resulting from unlocked IPhone and the saturation of the IPod market. Apple share was comfortably closed above support of 160 on Friday, thanks for the Google Earnings. Apple will release its earnings on next Wednesday (23 April 2008) after market close and I am waiting Apple to prove that those so-called Analysts wrong again.

It is surely an exciting week ahead.

Profit/Gain on Week 3 of April 2008

2008-04-20T12:19:00.000-07:00

I am still negative for this week, I guess I need sometime to gain back my momentum on March and February. I am looking forward to do better next week which has more earnings than this week.
Week 3 of April 2008

Date	Number of Shares	Profit/ Loss
14	2200	27
15	1800	-144
16	1300	61
17	2400	-102
18	1800	21
Total	9500	-137

Preview on next week (4/21/2008 to 4/25/2008)

Monday, April 21, 2008

Economic
None seen
Events
9:30am Fed's Evans gives remarks on Smart Money Week. 1:30pm Fed's Kroszner speaks on community development in Minnesota. 2:30pm Fed's Evans speaks to high school students in Illinois. Deutsche Bank Latin American Client Conference, MAGIC International Conference. Trades Ex-dividend: BBY $0.13, BK $0.24, EOC $0.798, PSD $0.25.
Earnings
Before the Open: ALDN, AME, AMLN, ACI, BAC, BOH, CNB, LLY, GCI, HAL, HBI, HAS, LEE, MAT, MRK, NVS, QXM, DGX, SAY, TNB, WFT. After the Close: ALB, BSX, BRO, CVTI, CR, DAC, DST, EFX, ETH, RE, FDG, FWRD, HPC, HXL, KRC, LNCR, LOGI, MSPD, NBR, NFLX, NVLS, OMCL, OMI, PKG, PTP, PLXT, SLG, SFG, STLD, TXN, USNA, VRTX, VNUS, VLTR, WCN, WGOV, ZRAN.

Tuesday, April 22, 2008
Economic
10:00am March Existing Home Sales (last 5.03M, m/m 2.9%), Feb House Price Index m/m (last –1.1%), April Richmond Fed Manufacturing Index (last 6)
Events
AFSA International Fixed Income Investors Conference. ICSC/UBSW Chain Store Sales (7:45, last +0.9%). Redbook Retail Sales (8:55, last +2.0%). ABC Consumer Confidence (last -39). Trades Ex-dividend: CL $0.40, ENI $0.39.
Earnings
Before the Open: AKS, AXE, ARB, ASTE, T, AUO, ALV, AVY, BHI, BKRS, BJS, EAT, CP, CSL, CE, CNC, CME, COH, CPO, CFC, DD, ECA, FITB, FMER, GNTX, HSC, HBAN, IEX, IIVI, JEC, JEF, JBLU, JRN, KELYA, KMB, KCI, KVHI, LAB, LXK, LMT, MCD, MDP, MICC, NCC, NS, OMC, OXPS, PCAR, PH, BTU, PNR, PAS, PTEC, RYN, ROH, SSW, SHW, SII, SNA, STI, TCB, TLAB, UAUA, UNH, USG, WDR, WAT, WU, WTNY, WYE. After the Close: RNT, AMSG, ANAD, ANEN, BRCM, CHRW, CDNS, CLMS, CLZR, CRI, CEC, CERN, CREE, CSGS, CYMI, DFG, EGP, EW, WIRE, ENTU, FCFS, FBC, FULT, HBHC, HGIC, IBKC, ILMN, INFN, IVGN, LDSH, LDIS, MANH, MOLX, NARA, NETL, NSC, NUVA, ODFL, ONNN, ORLY, PXLW, PPDI, RJF, RCRC, RHI, SEAB, SIAL, SIMG, SWKS, SSCC, TCO, TER, TRMK, TUP, VFC, VMW, VOCS, XL, YHOO, YUM, ZHNE.

Wednesday, April 23, 2008
Economic
4:30am Bank of England Minutes released
Events
JP Morgan China Conference. MBA Mortgage Applications (7:00, last 2.5%).
Earnings
Before the Open: AMG, APD, ATI, ABK, ABC, ABFS, ARW, ATMI, BDX, BHP, BIIB, BA, CPS, CXG, CEG, CFR, CYBI, DAL, DOV, DSL, EMC, FCL, FCX, GD, GENZ, GSK, GRP, HMA, HST, LII, LVLT, LECO, MPX, MNI, MNC, MCO, MWRK, NWA, NYB, PMTC, PBG, PFCB, PNW, PX, PDS, RGS, RIMG, ROK, RES, R, SGP, SEIC, SRP, SLGN, SPNC, TDY, TRA, SNAK, MDCO, UGI, UPS, WLP, XTO, ZBRA. During Trading Hours: BUD, EGN. After the Close: AEA, AEIS, AFL, ACL, ADS, ALL, AMZN, ECOL, AGP, AAPL, ARNA, AXYS, BEZ, BBSI, BCR, CLDN, CHIC, CMG, CTXS, CNS, CVGI, CLB, EXBD, CSGP, CVA, CCI, DSCM, EFII, EPIC, EPIQ, EQIX, EXTR, FFIV, DAVE, FNF, FADV, FR, FMC, GDI, GGG, GSIC, HLIT, HTZ, HRH, ICO, KEX, LHO, LSI, MTSN, MCGC, MRCY, MEOH, MOBE, MTSC, NFX, NE, NTRI, PTV, PRXL, PNSN, PLXS, PHM, QCOM, STR, QDEL, RMBS, RJET, RSG, RYL, SANM, SCSS, SKX, SOV, STMP, SRDX, TEX, TSCO, TQNT, TYL, UB, VARI, VAR, WOOF, VIGN, XLNX.

Thursday, April 24, 2008
Economic
8:30am March Durable Goods Orders (last –1.1%, ex transport –2.4%), Initial Jobless Claims (last 372K), Continuing Claims (last 2.984M)
10:00am March Help Wanted Index (last 21), March New Home Sales (last 590K, m/m –1.8%)
10:30am Natural Gas Inventories
Events
8:30am FDA Ophthalmic Devices Panel. Trades Ex-dividend: WPO $2.15, AXA $1.593, CHA $1.091.
Earnings
Before the Open: SMLC, FLWS, MMM, ABH, AET, AAI, ALK, MO, AEP, ABI, AIT, ARTG, ABG, AZN, AGIX, AN, AVT, AVX, BLL, BDC, BHE, BDK, BMY, BC, BW, BBW, BG, CCMP, CRR, CSH, CHINA, CRA, CBR, CNH, CCE, CNMD, COP, CNX, CBE, DLX, DO, DRAD, DTG, DDE, DVD, DOW, ELNK, ELON, ECL, ELN, EME, ESV, SSP, EXC, EXR, FLIR, FRPT, F, FO, BEN, GMT, GR, HSY, HUB.B, IKN, IMN, IMCL, IPCC, IART, IDC, IMA, IVZ, ESI, JAKK, JNS, JRC, KDN, KSU, KBW, KEI, KMT, KLIC, FSTR, LLL, LH, LTM, LIFC, LYTS, MDC, MEDE, MLNM, MKSI, MOT, MWIV, NAFC, NWL, NEM, NIHD, NJR, NOC, NCX, OXY, ORI, OHI, OVRL, PTC, PTI, PCCC, PENN, PEP, PLUG, POT, PCH, PLD, QUIX, RHD, RDN, RTN, FRZ, RGC, RSTO, COL, RCL, SWY, SCG, POOL, SHPGY, SI, SPAR, SPR, SWK, HOT, STFC, SSYS, SU, SXCI, SY, SNV, BRLC, SYNT, SYPR, TROW, TASR, TTEC, TNC, TEN, TMO, TRAD, TRV, UNP, USAP, LCC, UST, VDSI, WAB, WCG, WMAR, WST, WHR, WRLD, XMSR, ZMH, ZOLL. During Trading Hours: AIMC, BPL, HTLD. After the Close: ABAX, AFFX, AYE, AMX, AXP, AFG, ACF, AMGN, ARBA, ARTC, AJG, ASIA, AVID, BIDU, BKUNA, BJRI, EPAY, BTUI, BUCY, BLDR, BLG, CLS, CX, CENX, CF, CTHR, CHRT, CAKE, CHE, CB, CCU, CCO, CNET, COBZ, COHR, COHU, COLM, RIO, DVW, CW, DDUP, DCT, DECK, DV, DDR, DXPE, EMN, ELX, EXAR, EZPW, FALC, FIS, FMD, FDRY, GNW, ROCK, HITT, HME, HUBG, IKAN, INSP, IM, INSU, IDTI, ISSI, IBKR, IOM, IRBT, ISTA, XXIA, JJSF, JNPR, KLAC, KNX, LSCC, MEE, MFE, WFR, MELI, MMSI, MTD, MCRL, MSCC, MSFT, MTX, MCRI, MRT, NCI, NTGR, N, OPWV, OPLK, OSIP, OSG, PKTR, PCTI, PKI, PFWD, PRAA, POWI, PWER, RACK, RMTR, RRC, RVI, RVBD, ROP, RRR, WINS, SCSC, SCRX, CKH, SIGI, SMTL, SIRF, PCU, SPF, STNR, SRCL, SWN, SYNA, TNL, TMA, TZOO, TRMB, GROW, UHS, VSEA, VVUS, VLCM, WRB, WDC, WGL, WLL, WMGI, YRCW, ZIGO

Friday, April 25, 2008
Economic
8:30am March Final U of Michigan (last 63.2)
Events
Trades Ex-dividend: GS $0.35, AEG $0.417.
Earnings
Before the Open: ACPW, AXL, BPO, CSUN, SUR, CCUR, CVH, CVTX, ETR, GT, IDXX, ITT, LNCE, ERIC, MBFI, NNI, GAS, OPTR, PPCO, QLTI, SAIA, VVI, WEN. After the Close: ABMD, BFAM, DHOM, ENTR.

What does weekend mean to you?

2008-04-20T10:17:00.000-07:00

How do you spend your weekend? Weekend is a time for most people to rest, relax and have more time with family members. This weekend, I have wasted my time on computer games and movies. In this world, there are only 3% of people who are very successful. They use their weekend differently. They work harder in weekend compare with weekdays, so that they can plan well for the week to come. The only time they rest/relax is the time they close their eyes to sleep. They are so motivated that they can't wait to wake up on the next day so that they can continue what they were doing yesterday, even it is on weekend.

I tell myself, if I want to join the top 3% most successful people of the world, I must follow what they are doing. The followings are the things that I MUST do for the next weekend.

I MUST do the followings 5 things on the next weekends:-
Weekend is the time for me to review what I have done right and wrong for the passed week.
Weekend is the time for me to reward myself or punish myself.
Weekend is the time for me to plan for next week.
Weekend is the time for me to do more self study on investment, trading, charting, technical analysis to improve on my trades.
Weekend is the time for me to work out, so that I will always have a strong and healthy body.

Let me test out the things I need to do on the next weekend and I will slowly add more weekend tasks so that I will be on the right track to join the Top 3% Most Successful People Club.

3 things that I tell myself

2008-04-20T09:48:00.000-07:00

I always tend to lack of self-discipline especially during weekend as I have so much free time. I do not follow the plans that I set for myself. I always waste time on playing computer games and watching movies. I tend to sleep more than I have to.

I do not think that successful people will spend their time on computer games and movies. I believe they always spend their every minutes and seconds on productive things. That's the reason they are able to earn 10x or may be 100x money than me. They may just have the same intelligence as I am, but the way they use their time make them the top 3% most successful people in the world.

I have a choice to make: Join the club of the top 3% most successful people in the world or the 97% crowd of not so successful people.

I choose to join the top 3% most successful people club, So I tell myself 3 things:-

I tell myself: "If you want to be succeed, Do productive things every minute, every second!"

I tell myself: "If you want to earn 10x or 100x of what you earn right now, Do productive things every minute, every second!"

I tell myself: "If you want to have a better life, Do productive things every minute, every second!"

I promised myself to use my time productively from now on and this is the promise of a life time.

Carnival of Equity Trading #2- April 20, 2008

2008-04-20T08:02:00.000-07:00

Welcome to the Carnival of Equity Trading #2

Equity Trading

Life. Money. Development. presents The 7 Attributes of Leadership posted at Life. Money. Development., saying, "An excellent presentation of the attributes every leader should have."

KCLau presents How to Identify and Invest in the Hot Stocks of Tomorrow posted at KCLau's Money Tips, saying, "A review of the book "Finding the Next Starbucks by Michael Moe""

Amy S Quinn presents Top 25 Most Influential People in Forex posted at Currency Trading.net.

Andy presents Stock Selection - 5 things to look at posted at Saving to Invest, saying, "5 key pieces of information to look at when deciding to buy a stock."

Day Trading

Hank presents Should I try day trading? | My Investing Blog posted at My Investing Blog.

Miracletech presents It’s harder to become a Day Trader than a Surgeon posted at TuffTrade.

Equity Trading

Mark Runta presents Caution - Anaylst Predicting Bull! posted at Smart Investing & Money Management, saying, "Is it time to short the market? Not according to the Wall Street equity analysts."

Brice Hogan presents The Magical 50 Day Line posted at Financialzip.com, saying, "How to use the 50 day moving average as a buy signal for equity and options trading."

Investment

Dobromir presents APD Dividend Analysis posted at Create Rising Passive Income From Dividend Paying Stocks.

Steve Faber presents - What Are Mutual Funds? posted at DebtBlog.

Raymond presents ShareBuilder Promo Codes posted at Money Blue Book.

The Dividend Guy presents Should a Long-Term Investor Worry About Short-Term Market Trends? posted at The Dividend Guy Blog, saying, "The market has been a roller coaster in the past six months. In this post I ask the question of whether these short-term movements impact a long-term investor."

That concludes the Carnival of Equity Trading Edition #2 . Submit your blog article to the Carnival of Equity Trading Edition #3 which is due on 12am EDT April 27, 2008 using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

Technorati tags:
carnival of equity trading, blog carnival.

My Trades on 14 April 2008

2008-04-15T01:09:00.000-07:00

Today was a very thin market, not much volume. I only up gross $27 today.
My best trade for today was JCI. I shorted it because last week, it has been downgraded. But my entry point was not good enough (32.31) and I could have entered the trade since (32.60) as I know about the news.

Another trade that I should have made money but I did not was RHT, I shorted it at 19.50 but it went against me once I entered the trade. I hold on that until I see the MACD turned a slightly bullish trend then I got out. The MACD was a little bit deceiving on this trend. I should have hold it a little bit longer and if I did, I would have made more than $100 today.

Carnival of Equity Trading #1- April 13, 2008

2008-04-13T08:23:00.000-07:00

Welcome to the Carnival of Equity Trading #1

Equity Trading

Elias Tsepouridis presents Inventory Builds at Under Armour, a sign of future growth or potential write-offs? posted at Finance Puzzle.

Raag Vamdatt presents What is Direct Market Access (DMA)? :: RaagVamdatt.com :: Financial Planning demystified posted at RaagVamdatt.com - Financial Planning demystified.

Anthony Dadlani presents Will the Iphone eat Blackberry's (business) lunch ? posted at The Creating Wealth Blog.

Investment

The Dividend Guy presents The Yale Endowment Fund Asset Allocation posted at The Dividend Guy Blog, saying, "I had a look at the Yale Endowment fund's asset allocation as some research I was doing in my overall asset allocation. This research led to some changes in my own asset allocation."

Barb A. Ryan presents 1 - Your Personal Financial Planning Skills posted at Pasadena Financial Planner.

Alex M presents What Everybody Should Know About Computer Leasing And Finance posted at eloanex.com.

Steve Faber presents - Beginner Stock Investing – How Can You Get Started? posted at DebtBlog.

Leon Gettler presents Chinese stock market pains posted at Sox First, saying, "investors should be careful going into the once-booming Chinese stock market. There are big risks for the unwary"

That concludes the Carnival of Equity Trading Edition #1 . Submit your blog article to the Carnival of Equity Trading Edition #2 which is due on 12am EDT April 20, 2008 using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

Technorati tags:
carnival of equity trading, blog carnival.

Profit/Gain on Week 2 of April 2008

2008-04-11T22:27:00.000-07:00

After a big loss on last week, I reduced my share sizes to gain back some momentum. This week, I am positive which I gained 2 last days. Next week will be a big week! There are many earnings released and there are a few economic numbers also. I will set a few rules and I think if I have disciplined to follow, I believe I should make a big gain.

Week 2 of April 2008

Date	Number of Shares	Profit/ Loss
7	1200	-130
8	1100	-40
9	1900	-12
10	1100	206
11	1600	76
Total	6900	100

Preview on next week (4/14/2008 to 4/18/2008)

Monday, April 14, 2008
Economic
8:30am March Advance Retail Sales (last –0.6%, ex autos –0.2%)
10:00am Feb Business Inventories (last 0.8%)
Events
3:15pm Fed's Warsh speaks about financial markets in New York. Trades Ex-dividend: EOG $0.12, GGP $0.50, MGRC $0.20, KWR $0.23, TOC $0.318.
Earnings
Before the Open: ETN, WERN, GWW. After the Close: AMLN, ELS, INFY, JBHT, STLY.

Tuesday, April 15, 2008
Economic
8:30am March PPI (last m/m 0.3%, y/y 6.4%, ex food & energy last m/m 0.5%, y/y 2.4%), April Empire Manufacturing (last –22.2)
9:00am Feb Net Long-term TIC Flows (last $62.0B), Feb Total Net TIC Flows (last $37.4B)
1:00pm April NAHB Housing Market Index (last 20)
Events
CIBC Energy Conference. RBC Platinum Group Metals Conference. SunTrust Institutional Conference. ICSC/UBSW Chain Store Sales (7:45, last 0.7%). Redbook Retail Sales (8:55, last 0.8%). ABC Consumer Confidence (last -34). Trades Ex-dividend: RRD $0.26, AYI $0.13, DLM $0.04, DMND $0.045, ABV $0.862.
Earnings
Before the Open: ADTN, BKRS, BHP, FRX, GMTN, IIIN, JNJ, MTB, MI, NTRS, PII, QXM, RF, STT, USB. After the Close: CHB, CSX, HCSG, INTC, LLTC, RLRN, RUSHA, STX, SORC, WM.

Wednesday, April 16, 2008
Economic
8:30am March CPI (last m/m 0.0%, y/y 4.0%; ex food & energy last m/m 0.0%, y/y 2.3%), March Housing Starts (last 1.065M), March Building Permits (last 984K)
9:15am March Industrial Production (last –0.5%), March Capacity Utilization (last 80.4%)
10:30am Crude Oil/Gasoline/Distillate Inventories
2:00pm Fed Beige Book
Events
11:45am Fed's Yellen speaks in Alameda, CA on US outlook. 12:30pm Fed's Plosser speaks on monetary policy in Pennsylvania. 8:30am FDA Pediatric Oncology Subcommittee. MBA Mortgage Applications (7:00, last 5.4%). Trades Ex-split: BBD 3-2. Trades Ex-dividend: PKI $0.07, LOW $0.08.
Earnings
Before the Open: ABT, AMB, AMR, ASML, BMI, KO, ITW, JCI, JPM, NITE, LUFK, MTOX, MTG, EDU, PJC, SSW, STJ, WFC, WWW. After the Close: ALTR, ATR, AVCT, CAVM, CNW, CCK, DTLK, EBAY, GILD, GKK, IBM, ISIL, KMP, KNX, KNL, LEG, PLCM, RMBS, SOV, SPSN, TER, UFPI.

Thursday, April 17, 2008
Economic
8:30am Initial Jobless Claims (last 357K), Continuing Claims (last 2.94M)
10:00am April Philadelphia Fed (last –17.4), March Leading Indicators (last –0.3%)
10:30am Natural Gas Inventories
Events
9:45am Fed's Kohn speaks at conference on credit markets and banking. 10:30am Fed's Prescott speaks on Fed panel. 2:00pm Fed's Fisher speaks in Chicago to the Council on Global Affairs. 3:00pm Fed's Lacker speaks to the media at the Charlotte Credit Conference. 3:15pm Fed's Calabia moderates panel on credit risk. Small & Mid Cap Financials Conference. Trades Ex-split: CHDX 3-2. Trades Ex-dividend: CVS $0.06, OEH $0.025, SHLM $0.15, FFNW $0.075.
Earnings
Before the Open: SMLC, AOS, AMFI, ECOL, AM, APH, ASPM, BK, BAX, BBT, BGG, CHINA, CHKP, CIT, CMA, CAO, CY, DHR, DSL, FCS, FHN, FRPT, GPC, HOG, HSY, HNI, RX, IART, IGT, JRC, KEY, LSTR, MAR, MMR, MEG, VIVO, MER, MLAN, NYT, NOK, NUE, ORB, PFE, PNC, BPOP, PPG, RS, RSTO, SGP, SHW, SLM, SON, LUV, SPNC, SPWR, SVU, SXCI, BRLC, AMTD, TTEC, TXT, UTEK, UTX, USAK, WSO, WCG. During Trading Hours: HTLD. After the Close: AMD, DOX, ARNA, BKUNA, COF, CX, GRRF, CYN, CTCT, CPSS, CBST, CYBS, CYT, ETFC, ESLR, FNB, FCF, GOL, GOOG, HIFN, ICUI, INFA, INPC, ISRG, KKD, LHO, MCGC, MELI, MHK, MGI, PKTR, PNFP, LGBT, PMCS, PGI, QMED, RLI, SNDK, SEP, SYK, SRDX, TPX, TMA, VASC, ZION.

Friday, April 18, 2008
Economic
None
Events
8:30am Fed's Lacker, Rosengren speak on liquidity, systemic risk. 10:45am Former Fed Chairman Greenspan, EU's Barrosso speak at a conference in Turin, Italy. 11:30am Fed's Schuermann speaks on banking. Credit Suisse Russian Utilities Conference. Trades Ex-dividend: APA $0.15.
Earnings
Before the Open: ACO, CAT, C, HON, MAN, NVR, PRSP, SLB, WB, WL, XRX. After the Close: WIT.