The week of going nowhere! After a decent GAP UP Monday morning the market followed through with…nothing really. Low volatility and volume usually lead to “sideways” type price action and that is exactly what we saw this week. The 2 blue arrows above indicate the “double top” area that we posted in last week's BLOG. Monday morning's GAP UP

The rest is here:
Swing Trading Week in Review – August 6, 2010

Is this the next leg of euro-crisis 2010? Hungary will be in focus when markets open on Monday, as IMF and EU now have cancel the $25 billion rescue loan access. This comes on top of the revealing of the European bank stress test on Friday. It’s gonna …

View original post here:
Investors; Fasten Your Seatbelts!

Lets talk demand first before we address the heat on the way. Our weekly export sales report came out Thursday showing 309 t.m.t. of wheat was sold last week down 40% from the week prior. So, demand remains weak but trend following funds continue to buy back previously purchased positions that four weeks ago were a record 77 thousand shorts and entering this week 53 thousand shorts held. Monday’s position sheet after this week’s buying should show their short only about 38 to 40 thousand contracts. Funds that are covering shorts are not turning bullish yet but are no longer as bearish so their moving their portfolio from a record short to possibly a neutral position leaving more room for price strength, especially if corn and beans rally next week off weather concerns. Funds change in thinking from bearish to neutral and potentially bullish comes from a perception the recent over production here and around the world has ended and ending stocks inventories at record levels now, will begin to decline. The issues prompting the changing mind set is. The U.S. a major producer exporter planted 6 m.a.. less wheat. Canada’s crop is called appreciably smaller due to record spring rains. European wheat producers are in the grips of a drought with Russia in their worst drought in 3 …

Read more here:
Here comes the heat

Hasbro Inc. (HAS), engaged in the design, manufacture and marketing of games and toys is slated to release its second-quarter 2010 results on Monday, July 19. The current Zacks Consensus Estimate for the second quarter is 24 cents per share, represen…

Excerpt from:
Earnings Preview: Hasbro – Analyst Blog

stock symbol – % gain since purchase – date of purchase longs (currently long 7 stocks after Monday’s opening bell): LCUT 141% 11/2/09 UPI 31% 4/26/10 AKRX 13% 5/25/10 shorts (currently short 8 stocks after Monday’s opening bel…

Read this article:
Top Current Holdings And Total Returns Since Purchase

Come on Alcoa Inc. (NYSE:AA), its shares are down 60% from its 52-week high, and if the company doesn’t have anything good to report, expect a new 52-week low and stocks to tank. That’s right, if Alcoa starts Monday’s earnings season of weak, all ma…

Read the original here:
What the Street Wants from Alcoa: Good News

Monay June 28th, 2010, 4:21 am EST Hot Stocks to Watch  Monday 06/28/2010 -  ALTI, YRCW, AMZN, BKS, AAPL Dear Traders, Hot stocks to watch on Monday 06/28/2010  areAMZN – Amazon.com, Inc. BKS – Barnes & Noble, Inc. MINE – Min…

Go here to see the original:
Stocks to Watch Today | ALTI | YRCW | AMZN | BKS | MINE |

The story for gold miners this week, including Eldorado Gold (NYSE:EGO), was a big downswing on Monday, as traders took profits, the next three days trading at level ranges, and finally finishing the week up with a burst. Others weren’t quite so fortunate, as the plunge on Monday for some, such as Eldorado was huge, and the Friday rebound wasn’t as strong as some of their competitors. Along with

The rest is here:
Eldorado Gold (NYSE:EGO) Down on the Week

We started the week Monday with sharp opening gains as they priced in strong outside markets spilling over into grains with higher stocks and crude oil and energies. But, after Mondays high hit a two week 36 cent rally for corn, 42 cent two week bean rally and 45 cent wheat top put in, the old adage, if I made a thousand dollars, somebody made a million, came to play. Trader’s fat with profits went to the bank. Mondays rally added in that ever present doubt on weather as well. Talk of a heat dome in the southern data the next week threatens the 10% of our nations course grains, while wet weather this week in Canada continues to delay their canola, wheat, and oat planting that eventually comes to compete against U.S. exports and China sees another seven dry and hot days ahead lending thought they may buy more weather insurance in the form of U.S. grains. It all came to play on a very volatile Monday. Each Monday looks to see a gap up or down opening as Monday the market prices in the week’s weather and impact on crop development. It’s done on the open and seldom is there follow through after opening highs or lows as the price is always big enough to encourage profit taking from position made from the Thursday and Friday prior. Never buy a higher Monday open or sell a lower Monday open. What’s new, our weekly export inspection report came out Monday showing 11.4 m.b. of wheat was inspected to be exported near term. This was down from 14m.b. the week prior, 13 a year ago and weak four week average of 15 m.b. a 22 cent rally last week and 2 week 40 cent plus rally had importers look at record world and U.S. stocks and say, whoa Nelly. They backed off and await a…

Follow this link:
Grain Report: Rain decay

Online community may send Thomas flowers again WASHINGTON — Veteran 89-year-old White House correspondent, Helen Thomas, who covered every president from John Kennedy to Barack Obama, retired Monday amid a storm over explosive remarks about Israel. Thomas, a daughter of Lebanese immigrants, who blazed a trail for female reporters covering US politics,

See the original post:
Online community may send Helen Thomas flowers again

Two penny breakouts is all Monday has to show for itself. Worst day yet for breakouts.

Continue reading here:
Stock Breakout Jun 7th

A Turkish customs official on Monday denied Israeli allegations that activists aboard a Turkish aid ship for Gaza stormed by Israeli forces possessed weapons, the Anatolia news agency reported. “Allegations that there were weapons aboard the Turkish ship are baseless,” Fevzi Gulcan, the head of customs at the Mediterranean port city of Antalya, told Anatolia. WRH permalink

Read more here:
No weapons on stormed Turkish ship: Report