Updates on the various Major International Indices

Good morning,

A handy table for you to see where the major indices closed in the last 24 hours!

Awesome trading,

CityTrader

UNP – US share looking BULLISH

Hi All,

I’ve decided to post some news relating to the US share market. We’ve seen some UPSIDE on all the indices and this has reflected on some of the companies that make up these indices.

One that I have been trading of late is UNP. Look at the chart posted below and you will notice that we have had a great bull movement over the past couple of months – saw chaqnge in direction back in early FEB of this year. From then onwards we have seen this share move up $20.00 since then !!! WOW……….. I think there might be more come.

UNP trade setup Weekly

On a weekly time frame we have seen this break through a strong resistance level @ 200 ema. On DAILY CHART we are seeing the same thing. Price having broken through an all important ema – 200 ma in this case. Have seen it retrace (which is what is expected after breaking a major level (200 ema). It’s the Institutional moving average. And this is a good thing. If a share/stock is trading above this level, institutions tend BUY and if it is trading below this level , they tend to sell.  So back to the Daily Chart. If we can find support on the upside of this 200 ema, then expect this share price to rally to next target @ $60.00 and 2nd target around $68/70 mark….

UNP trade setup Daily Chart

US Shares to have in your watchlist – Update

Hi Guys,

I just wanted to let you know that some of those shares i posted on the 25/05/2009  have posted some great gains in a couple of days. If you don’t have the list I blogged last week, find it below. Put these in a watch list and do your analysis. There are some decent trades in these.

Quality Companies to add to your watchlist

Until tomorrow, keep well

List of US Shares that look Positive…. Add to your watchlist

Hi Everyone,

I’ve run a scan and boy are there loads of shares that have some positive momentum behind them. I’ve listed a couple below. Put these in a Watchlist and go through them one by one and you choose which ones are likely to give you a ‘bang for buck’ move….. Enjoy !!!

Quality US Companies to add to your Watchlist

Open Positions on US Shares Update 2

Hi Everyone,

I’ve got another update on those US shares i bought/sold last week. They are looking promising I must say. QSII has given me a 6% return in 3 days !!! I have open positions of these in a spread-betting account too.

US Trade Positions Update

This is an update on open positions as of 4PM GMT

QSII Trade – Up $4.44 since Friday = 440 Spreadbet Points

Hi Everyone,

Just wanted to update you on a trade I placed this Friday past on a company called QSII. Have a look at the chart below to give you an idea of what I saw and why I decided to go long. If you had bought say 100 units of this – you would be up $444.00 for 2 days work. If on the other hand you had placed a spread bet on this. You would be looking at 444 points. If you had gone in a placed a spread bet on this at £5 per point, you would be looking at £2220.00 for 2 days work !!!

QSII TRADE UPDATE

Yhoo Update

I posted a Blog on Yahoo (Yhoo) back in early April. I’ve got an update for you.

Yhoo since that last post has been able to break a very important barrier in the form of the 200 Moving Average. The importance of this is that the 200 EMA is known to most traders as the Institutional Moving Average. We might very well see some moevemt to the upside due to this break through recently. Have a look at the chart posted below to confirm this.

Yhoo Update Daily Chart

Now on a Weekly Chart you will see that Price has formed an indecision candlestick pattern. We could see a pullback take place, back to around the $14 area. RSI has shown a change in momentum, bearish sign.. This could be the confirmation.MACD is on the up. If we have a break above the 50EMA, we could see Yhoo race upwards to the next area of resistance around $20.

Yhoo Update Weekly Chart

Quality Companies for May 2009

Hi Everyone,

I’ve put together a list of the top quality companies for the month of May 2009. These have come up trumps on a scan I run. Please find the list attached below.

If you are using a particular charting software to keep track of your trades, eg Self Trade, Options Express, Telecharts 2007 and you would like to incorporate these quality companies within the charting software you are using. Please find out what format the file needs to be in before uploading it. Certain charting software requires the file to be saved in a particlar way. For example – text tab delimited for Telecharts 2007

Quality Companies May 2009

Best & Worst Performing US Market Industry Sectors

Hi Everyone,

I trust you all had a wonderful Easter weekend break with friends and folk. I’ve just put together a list of this weeks Best & Worst performing Industry sectors. Please find both lists attached below

BEST PERFORMING INDUSTRY SECTORS

Best & Worst performing Sectors for the month of April so far……..

BEST PERFORMING SECTORS FOR THE MONTH OF APRIL 2009

WORST PERFORMING SECTORS FOR THE MONTH OF APRIL 2009

Now if you do this on a regular basis you will notice that for the 1st time in a long time you will notice that the WORST performing sectors does not have any marked in RED. This gives you an indication that the stimulus package brought out earlier this year might have started the ball rolling in the right direction. Looking at the BEST performing sectors I noticed one that was not so long ago in the WORST performing sector. Forestry and paper Index.  I’ve Noticed that Banks Index and Platinum and Precious Metals is up there. Gold, Silver tested new highs towards the end of last month. Go away and have a look at these Indexes and pick out the stocks that are the fore runners. Do your analysis on those stocks and see if there is a trade to be had.