Stocks gained ground as expected

Wednesday, September 19, 2007

Stocks gained ground as expected

[Capital Essence NewsDesk] as we've offered in our previous Market Outlook "Tuesday FED induced rally had set the stage for a test of July's high. Although market might take some time to digest today's huge gain. With that said, expect prices to move sideway with a positive bias tomorrow" stock moved modestly higher Wednesday with a majority of major indices gained about 0.50% in average.

Editor's Note: below are just some trading ideas flow from our latest Headlines.

"Cubes Speculator Bulletin"

September 18, 2007 @ 10:30 PM

As far as the breadth indicator concern, the "cubes" is set to challenge July's high, about $50.66.

As a matter of fact, the NASDAQ-100 ETF (QQQQ) took off nicely Wednesday and hit as high as $50.59. Any call option traded should have made about 15% intraday.

The "Swing Trader Bulletin" is beating the market as usual. The majority of its holdings continue to move well on the expected direction and adding on to the amazing unrealized gains.

Below are a couple of our typical setups in the past few days:

Omniture Inc (OMTR) broke out today, up more than +10% for the day or +20% since profiled a couple days ago - on September 7 @ $24.53.
Concur Technologies Inc (CNQR) rose sharply today, up about +7% for the day or +20% since profiled a couple weeks ago - on August 30 @ $25.55.
Blue Nile (NILE) gained about +10 points since profiled a couple weeks ago.