Swing Trading
 
 
Market Review November 18, 2009     
 
Department of Labor reported that housing starts plummeted 10.6% in October to a seasonally adjusted rate of 529,000, it was the biggest decline since January, economists had expected 590,000 starts last month, Year over year, starts are down 30.7%. New starts for single-family homes fell 6.8% last month to an annual rate of 476,000 units, the lowest since May. New building permits fell 4 percent to 552,000 units in October, analysts\' predicted 580,000 units. Labor Department reported consumer prices rose 0.3% in October, a little higher than the 0.2% economists forecasted. Stocks fell today after economic data was released, the Dow Jones Industrial average fell 13 points, the Nasdaq Composite Index fell 10 points and the Standard & poor’s 500 Index fell 0.74 point. Bond prices also fell, the yield on the benchmark 10-year Treasury note rose to 3.36 percent from 3.32 Tuesday. Commodities like crude oil and gold rose as the dollar fell, gold reached yet another high of $1,149.60 this morning.

Free Daily Stock Picks activity and results for November 18, 2009:

VVUS - position entry at 9.74PM, Stop hit for a loss of 0.50 points
DRYS - position entry at 7.03PM, 1st Target Level hit for a gain of 0.25 points
CRM - position entry at 63.62, 1st Target Level hit for a gain of 0.95 points
CNQR - position entry at 37.38PM, 2nd Target Level hit for a gain of 1.12 points
ADSK - position entry at 25.00, 3rd Target Level hit for a gain of 1.00 point

-------

Signup and get instant entry alerts for the Free Daily Stock Picks at Zantrio.com
   
     
   
   
  tradeMONSTER
 
 
Copyright 2009 - Swing-Trading.com - All Rights Reserved

Disclaimer and Legal Stuff

Stocks Trading, Futures Trading and/or Forex trading involves substantial risk of loss and is not suitable for all investors.

Any style of trading in any market is extremely risky and can result in substantial financial losses in a very short period of time. There is considerable exposure to risk in any Stocks, Futures or Forex transaction including but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a trade.

Trading Stocks, Futures or Forex is a challenging and potentially profitable opportunity for educated and experienced investors. Before deciding to participate in the Stocks, Futures or Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. Investment Objective, experience, risk of loss, leverage, creditworthiness, limited regulatory protection, market volatility that may substantially affect the price or liquidity of a Stocks, Futures or Forex trade, communication failure, etc. could put you at risk for the loss of some or all of your capital and/or assets. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position.

For more information on risks associated with day trading, please visit the SEC website, http://www.sec.gov/answers/daytrading.htm.

Information and data is provided for informational purposes only. By accessing Swing-Trading.com, you agree not to redistribute the information found herein. Swing-Trading Trading, LLC nor any data or content providers you utilize on this website shall be liable for any errors or for any actions taken in reliance thereof. Swing-Trading Trading, LLC is not a registered broker-dealer but, may provide customized links to specified independent companies for your convenience only. The specified independent companies you select are solely responsible for their services to you, their customer. The services you access through various links or banners located on this website, are services of specified independent companies. Swing-Trading Trading, LLC cannot be liable for any damages or costs of any type arising out of or in any way connected with your use of the services of any specific independentcompanies.