Monday, October 15, 2007

NewsDesk: Market Stumble, VNDA Soared

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

As we've offered in the previous Market Outlook – "there is a strong case for a meaningful short-term corrective phase" – stocks awash in red dye Monday with the Dow lost more than -100 point to 13984.
  • Despite the overall weakness, shares of Vanda Pharmaceuticals Inc (VNDA) – profiled on our Oct. 09 "Swing Trader Bulletin" as a potential buy candidate – jumped more than +5% today on the heel of last week +20% gains.
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October 12, 2007 10:30 PM.
  • The short-term bearish bias remains intact.
  • Expect the Q's to bounce within the…
NewsDesk_qqqq_20071015
The Q's had slipped into negative territory, lost as much as -1.40%, after strong opening was met by an aggressive wave of selling. The out of the money October 52 put options gained as much as +150% during Monday session.

You see, successful trading is all about the quack count. If the ducks align, like yesterday, we'll give you a ping in advance so that you'll have sufficient time to "hit 'em hard". When they don't, we'll also chime in so that you can take a day off and go play golf. It's so easy, even a 10 years old kid can do it.

Want more investing ideas? Check out Capital Essence's Newsletter Services - "best-of-web" technical analysis.