6 Stocks On The Move

Before I get into the six stocks and talk about them let's quickly discuss what's happening right now. The big news, of course, is the Alibaba IPO, here is what I do with IPO's. Unless you're lucky enough to get some of the initial stock the best thing to do is just to watch for a while and see how everything pans out. Just remember that perception is a strong driver of stock trends.

The other big news is the fact that Larry Ellison is stepping down from Oracle. Mr. Allison's exit from Oracle brings about a complete change in Silicon Valley. We no longer have Steve Jobs at Apple, Bill Gates at Microsoft. We're going to see some interesting transitions in all of these companies.

As far as Oracle Corporation (NYSE:ORCL) is concerned. The Trade Triangles are now all red indicating a lower trend and prices for Oracle.

The six stocks I'm going to be talking about in today's video will show that three are trending to the upside, and three are trending to the downside. Some of these stocks are setting up for the perfect weekend trade.

Here are the six stocks that I'm covering today: Continue reading "6 Stocks On The Move"

Poll: Will you buy Alibaba stock?

IPO day has finally arrived for the Chinese e-commerce giant Alibaba Group Holding. Alibaba Group Holding will trade on the NYSE using the symbol BABA. Alibaba's IPO debut has become a hot debate for the market. The demand for its shares has risen so much so that the bankers had to stop taking orders in some places recently.

That leads us to our poll question today....

Will you buy Alibaba stock?

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As always, we would love to hear what you thing about Alibaba Group Holding (NYSE:BABA).

Every Success,
Jeremy

A Peek Inside 3 Billionaires' Portfolios

Today, I'm going to look at three of the biggest portfolio managers in the world and what they're holding in their portfolios. Each of these three billionaire investors have over half of their portfolios in just three stocks.

Warren Buffett

Everyone it seems has heard of Warren Buffett, the legendary investor from Omaha. I'll be looking at Mr. Buffett's Berkshire Hathaway holdings and his top three stocks and comparing them with the Trade Triangle signals.

Here are Mr. Buffett's (Berkshire Hathaway) top three holdings as of today: Continue reading "A Peek Inside 3 Billionaires' Portfolios"

How to Pick Intraday Market Direction – The 80% Rule

If you follow our blog, then you are definitely familiar with trader Larry Levin, President of Trading Advantage LLC. We have gotten such a great response from some of his past posts that he has agreed to share one more of his favorite trading tips as a special treat to our viewers. Determining the direction of the market can be tricky and just plain confusing at times, but Larry’s expert opinion keeps it simple.

If you like this article, Larry’s also agreed to give you free access to his Weekly Trading Tip.

Let me introduce you to one simple technique I've used to pick intraday market direction with 80% accuracy.

Would you like to know if a particular trade has an 80% probability of working? Would you like to know exactly where to enter that trade, and where to exit? Would you like to trade this technique with a 2 point stop loss or less? Continue reading "How to Pick Intraday Market Direction – The 80% Rule"

Fed Signals It Plans To Keep Key Interest Rate At Record Low

The Federal Reserve signaled Wednesday that it plans to keep a key interest rate at a record low for a considerable period because a broad range of U.S. economic measures remain subpar.

The Fed said it planned to keep its benchmark rate near zero as long as inflation remains under control, until it sees consistent gains in wage growth, long-term unemployment and other gauges of the job market.

The central bank retained language signaling its plans to keep short-term rates low "for a considerable time" after it ends its monthly bond purchases after its next meeting in October.

Stock prices rose after the Fed issued its statement at 2 p.m. Eastern time. Traders appeared pleased that the Fed seems in no hurry to raise rates. Continue reading "Fed Signals It Plans To Keep Key Interest Rate At Record Low"