I do mostly Day- and Short-Term- Trading . . .
I don't teach, per se . . but do discuss Day-Trading in my weekly newsletter you can subscribe to HERE.
I have migrated towards /ES and SPY as my favorite vehicle as well.
Good Luck !!

$QQQ INFO HERE GREAT BUY HERE
$QQQ

DD Notes ~ http://www.ddnotesmaker.com/QQQ

##### recent news/filings ~ source: finance.yahoo.com

Fri, 06 Jun 2014 17:21:30 GMT ~ May Is The New April, But Is The ECB The New Fed?
read full: http://seekingalpha.com/article/2256503-may-is-the-new-april-but-is-the-ecb-the-new-fed?source=yahoo
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Fri, 06 Jun 2014 16:34:48 GMT ~ Midday index, ETF option volumes
read full: http://finance.yahoo.com/news/midday-index-etf-option-volumes-163448351.html
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Fri, 06 Jun 2014 16:29:00 GMT ~ [video] Stocks Feeling Confident on the Back of Payroll Report
read full: http://www.thestreet.com/_yahoo/story/12736286/1/stocks-feeling-confident-on-the-back-of-payroll-report.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA
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Fri, 06 Jun 2014 14:52:00 GMT ~ Bubble Risk With New Highs for Dow Industrials, Transports, S&P
read full: http://www.thestreet.com/story/12735922/1/bubble-risk-with-new-highs-for-dow-industrials-transports-sp.html?puc=yahoo&cm_ven=YAHOO
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Fri, 06 Jun 2014 13:33:03 GMT ~ The Stock Market Keeps Posting New Records: Are They Sustainable?
read full: http://seekingalpha.com/article/2256163-the-stock-market-keeps-posting-new-records-are-they-sustainable?source=yahoo
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##### chart ~ source: stockcharts.com



##### chart ~ source: eoddata.com



##### company info ~ source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/QQQ/company-info
Ticker: $QQQ
OTC Market Place: Not Available
CIK code: not found
Company name: PowerShares QQQ Trust
Incorporated In: NY, USA

##### extra dd links

Latest filings: http://www.otcmarkets.com/stock/QQQ/filings
Latest financials: http://www.otcmarkets.com/stock/QQQ/financials
Latest news: http://www.otcmarkets.com/stock/QQQ/news - http://finance.yahoo.com/q/h?s=QQQ+Headlines

Major holdings: http://data.cnbc.com/quotes/QQQ/tab/8.1
Insider transactions (1): http://finance.yahoo.com/q/it?s=QQQ+Insider+Transactions
Insider transactions (2): http://www.secform4.com/insider-trading/QQQ.htm
Insider transactions (3): http://www.insidercow.com/history/company.jsp?company=QQQ

RegSho: http://www.regsho.com/tools/symbol_stats.php?sym=QQQ&search=search

DTCC: http://search2.dtcc.com/?q=PowerShares+QQQ+Trust&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information: http://www.spoke.com/search?utf8=%E2%9C%93&q=PowerShares+QQQ+Trust
Corporation WIKI: http://www.corporationwiki.com/search/results?term=PowerShares+QQQ+Trust&x=0&y=0

Short Sales: http://www.otcmarkets.com/stock/QQQ/short-sales
Insider Disclosure: http://www.otcmarkets.com/stock/QQQ/insider-transactions
Research Reports: http://www.otcmarkets.com/stock/QQQ/research
Historical Prices: http://finance.yahoo.com/q/hp?s=QQQ+Historical+Prices
Basic Tech. Analysis: http://finance.yahoo.com/q/ta?s=QQQ+Basic+Tech.+Analysis
Company Profile: http://finance.yahoo.com/q/pr?s=QQQ+Profile
Key Statistics: http://finance.yahoo.com/q/ks?s=QQQ+Key+Statistics
Industry: http://finance.yahoo.com/q/in?s=QQQ+Industry
Insider Roster: http://finance.yahoo.com/q/ir?s=QQQ+Insider+Roster
Income Statement: http://finance.yahoo.com/q/is?s=QQQ
Balance Sheet: http://finance.yahoo.com/q/bs?s=QQQ
Cash Flow: http://finance.yahoo.com/q/cf?s=QQQ+Cash+Flow&annual
Market Watch: http://www.marketwatch.com/investing/stock/QQQ
Bloomberg: http://www.bloomberg.com/quote/QQQ:US
Morningstar: http://quotes.morningstar.com/stock/s?t=QQQ
Bussinessweek: http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=QQQ
Barchart: http://www.barchart.com/quotes/stocks/QQQ
OTC Short Report: http://otcshortreport.com/index.php?index=QQQ
Investopedia: http://www.investopedia.com/markets/stocks/QQQ/?wa=0

http://www.pennystocktweets.com/stocks/profile/QQQ

##### last known share structure ~ source: otcmarkets.com

Market Value: $37,852,743,500 a/o Jun 05, 2014
Shares Outstanding: 410,150,000 a/o Feb 28, 2007
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value

##### business description ~ source: otcmarkets.com



DD Notes ~ http://www.ddnotesmaker.com/QQQ

$QQQ LOOKS GREAT! $$

It looks like this page isnt used much anymore, but I am VERY interested in your QQQ daytrading. I happen to live just outside of DC (BIG Skins fan as well!!) and would love to know if you teach classes or do anything of the sort around the DC/VA area.
I'm sort of new to daytrading but I really have a thirst to learn and I've heard good things about trading the Q's, although I honestly don't know much about it. I dont have private message on here but my email addres is seaheck@yahoo.com and my twitter account is @hexmadhouse

Please get in touch with me and let me know if you have a website still and if you have any type of classes or would be willing to start. I'd be very interested in that.

Thanks,
Chris

good morning! MoneyMade . . . Welcome!
I actually have not Traded the Qs in a while . . .
have been focused more on SPY and on individual stocks/options.
I'll have to get back in the SWING of things here.
Good Luck !!

,,,,,,,QQQQQQQQQQQQQ

QQQ - I think I will Sell the Rally today as I expect another day or two of Down before continuing the longer-term Up-Trend.

my QQQ thoughts for today . . .
Strong Up momentum now
Strong Support @ 67.00-ish
Strong Resistance @ 70.00-ish
Looking for a "Sideways" Open and then probably Down, but will watch price-action after 10:00.ET

WoWser! . . great stuff 'madrose1' . . thanks!
PLEASE check back often and always feel free to add your wise commentary.
I will try to post here more often again as well.

That double top was hard to resist both SPY & QQQ , quite a few double tops lately have been getting sold into in the stock universe EOG EBAY QCOM SNDK EXPE BIDU CSTR T DECK CREE LULU (and the most famous of all AMZN which gapped a/h to 284 for a perfect dubl top fade)

Some double bottoms have held recently like the 1320s for $GOLD that saw 50% pullback for the DUST & 50% bounce in the $NUGT etfs after incredible gains the other way.

See you are a specialist in the QQQ's which requires the whole bundle of macro FA analysis & TA so will follow along & bookmark this wise fellow's thread , you seem have made this you're baby.

intraday Double-Top has me Holding my Downers . . .
she looks too Toppy right now ...
so it's worth the risk to Hold overnight.
IMHO

bought QID this morning @ 25.50

my QQQ Trading Commentary for today . . .
read about it on iHub here: #msg-87191642
Enjoy !!

WoWser! . . QQQ is setting up very nicely for the Drop I called for this morning.
If you Opened Downers near the Top today, I think you're good for tomorrow ...
even if we get a little Up to Open.

QQQ - a very Profitable call last time (click link-back) . . .
now again I see a similar trade.
I will be looking for a Failed Rally to Open Downers on QQQ.
See here, #msg-87146721, for my morning calls today on specific stock trades.

I'm looking to Open Short-Term QQQ Downers on an appropriate, Failed Rally.
Will be using my Short-Term Charts only for a Day- or Two- Trade.

I'm looking to Add to my Down positions if we just get a weak rally this morning . . .
that stays below QQQ=68.60

the Jobs Report does not provide any Bullish impetus . . .
Since Pre-market opened at 4am.ET, QQQ has only moved from 66.86 Up to 67.07
right after the Report was Released.
Right now QQQ is back to 66.92 . . not much enthusiasm.
SO . . be very Bullish at your own risk.

I still trade, but, I'm also sitting in a couple of bio stocks that have a high probability of going up soon. Have a good list of both bio and stem cell sector, but, only expect two of them to move soon. And, I'm heavy in those two.

I've also been folding proteins for Washington University as a hobby. lol

Anyway, good to see you are still around and kicking. Happy Holidays to you and the family. ;)








In Reply to 'blasher'
hey Karin! . . great to hear from and SEE you.
Yes, quite quiet . . .
I am Trading mostly SPY and Seasonal and CANSLIM Stocks now.
See my SPY Board and Stock Trading website.
I don't Day-Trade any more as I am having my money work for me i na slow and steady way.
Day-Trading was too much work on MY part!
How are YOU doing ??

hey Karin! . . great to hear from and SEE you.
Yes, quite quiet . . .
I am Trading mostly SPY and Seasonal and CANSLIM Stocks now.
See my SPY Board and Stock Trading website.
I don't Day-Trade any more as I am having my money work for me i na slow and steady way.
Day-Trading was too much work on MY part!
How are YOU doing ??

Quiet board these days. Hope all is well with you. ;)

Stocks posted modest gains yesterday after a German court declined to block a euro-area rescue fund and investors focused on the possibility of further stimulus from Federal Reserve Chairman Ben Bernanke and his colleagues. It’s widely expected that the Fed will extend the length of its record-low interest-rate policy into 2015 as it strives to bolster the recovery and help reduce the nation’s unemployment rate. Also, import prices rose 0.7% in August, after declining 0.7% in July, while export prices rose 0.9% in August, after rising 0.4% the prior month. Total inventories rose 0.7% in July. Apple unveiled the iPhone 5, a thinner, lighter version of its iconic phone at an investor event and gained 1.4%. Facebook rose 7.7%, a day after CEO Mark Zuckerberg made his first public interview since the company's IPO. Also,Zynga gained 10% after Zuckerberg called the social-game maker “a fundamentally strong company,” though he added that Zynga has lost market share on the Facebook platform and “has had a rough few quarters.” Texas Instruments recovered from earlier losses, gaining 0.03%, a day after the co. narrowed its sales and earnings forecast, warning of weak demand. Apple rose 0.25% in active trading Wednesday evening, adding to dayside gains following the company’s unveiling of its new iPhone model.

Stocks rallied across the board yesterday as optimistic investors went on a buying spree. European Central Bank President Mario Draghi followed up on his promise to protect the euro and outlined an unlimited bond-buying plan. Also, ADP employment in the U.S. non-farm private sector increased by 201,000 from July to August, stronger than increase of 143,000 jobs expected. Weekly jobless claims decreased to 365,000, down 12,000 from the previous week's revised figure of 377,000, below 373,000 expected. The ISM index for the service sector increased to 53.7 in August from 52.6 in July, above the 52.4 forecast. Bank of America led the market gains with a 5% advance after the bank agreed to sell Strategic Partners Inc. to private-equity investors. Amazon unveiled a new front-lit Kindle e-reader Thursday afternoon, the device called the Paperwhite, will sell for $119 and will ship Oct. 1. Amazon gained 2.10% on announcement. Micron shot up 7.8%, while SanDisk gained 8.4% on signs of a shortage in NAND flash-memory chips, which is expected to give the two semiconductor companies a lift. Seagate Technology slid 2.6%, after Needham & Co. issued a note that the co. “may see some margin declines” in light of uncertainty in the hard-drive market. Implied volatility slumped below the 14 level on moderate trading volumes.
CANSLIM and Seasonal Stock Picks

Stocks ended little changed yesterday, as investors await the outcome of a crucial meeting of European Central Bank officials early Thursday and the latest U.S. employment data on Friday. Productivity of the U.S. nonfarm business sector rose at a 2.2% annualized rate in the second quarter, stronger than the 1.6% pace estimated a month ago. Unit labor costs were revised lower, to a 1.5% annual increase from 1.7%. Facebook climbed almost 4.8% a day after Chief Executive Mark Zuckerberg said in a regulatory filing that he won’t sell any of his company’s stock for the next year. Advanced Micro Devices fell 3.57% after UBS cut its rating to neutral due to matters such as “a shrinking PC client serviceable market” and greater competition from its top rival, Intel. Nokia fell 15.9%, as the co. showed of its newest Lumia 920, running on Microsoft’s Windows Phone 8 operating system, at an event in New York.

Stocks notched a third month of gains in August that have largely priced in another round of easing by the Federal Reserve and policy action in Europe to address its debt crisis. In Bernanke’s much-anticipated speech, delivered two weeks before the next FOMC meeting, the Fed chief said that he would consider methods such as more quantitative easing to help the U.S. labor market. Bernanke didn’t say that any new economic-stimulus plans were in the works, but that stagnation in the labor sector was a matter of ongoing concern. The European Commission announced plans to give the European Central Bank supervisory powers over the euro-area banking sector. U.S. economic reports had factory orders in July rising the most in a year and the Reuters/University of Michigan consumer-sentiment index climbing to top market expectations. Facebook fell 5.4% to its lowest closing level of $18.06 after Bank of America/Merrill Lynch cut his price target on Facebook’s stock to $23 a share from $35, anticipating the “risk of future selling pressure” on the stock will continue through the rest of the year and other post-IPO lockup expirations occur. Jobs data and a European Central Bank meeting will dominate next week as investors return to a market. Also, construction spending, ISM manufacturing and services data, along with productivity data are all on deck. Tech companies will also fall under investor scrutiny with anticipated new phones from Google’s Motorola Mobility and new devices from Amazon.com in advance of Apple’s new iPhone, which is expected to drop Sept. 12. Additionally, on Tuesday, General Motors, Ford Motor and other car makers will be reporting U.S. August light-vehicle sales. Implied volatility inched lower on moderate trading volumes.
CANSLIM and Seasonal Stock Trading Picks and Commentaries

Stocks ended yesterday with slim gains, following early reports on U.S. economic growth and pending home sales. Pending home sales rose 2.4% in July, to their highest level in two years. GDP rose at a 1.7% annual rate from April through June, up from its prior estimate of 1.5%. The Federal Reserve's latest report showed regional economic activity gradually expanded in July and early August across the Fed’s 12 districts. But economic data not good enough to discount QE3, some analyst say. Tech stocks edged up, propelled by gains from social media-related stocks such as Yelp and Angie’s List. Yelp soared rose 22.5% as the lockup period expired for more than 52 million shares. Angie’s List added 13.2% after Oppenheimer raised its rating to outperform from perform. Google rose 1.6% following a media report, announcing the company was looking to sell the Motorola Mobility business unit that makes set-top boxes and other home-networking gear. Also, Samsung Electronics prepared to show off an updated version of its new, Android-based Galaxy Note smartphone at a conference in Germany. In the evening trade Pandora Media and TiVo rose 8.2% and5.4% respectively, after each company reported better-than-expected quarterly financial results. Implied volatility inched higher on light trading volumes.
Seasonal Stock Trading

Stocks ended last week on a high note, after Federal Reserve Chairman Ben Bernanke said the U.S. central bank has more tools, if needed, to stimulate the economy. Also, durable goods orders rose 4.2% in July, more than the 2.5% increases projected, on increased demand for airplanes and automobiles, but bookings softened in other sectors. German Chancellor Angela Merkel and Greek Prime Minister Antonis Samaras held talks, with both reportedly saying that they want Greece to remain in the euro zone and Merkel adding that Germany expects Greece “to stick to its commitments.” Amazon rose 1.88%, touching a new high, as the company unveiled an expanded deal with NBC Universal and as speculation about a new tablet continued. Autodesk plunged 15.6% after the co. missed revenue forecasts for the second quarter of fiscal 2013 and cut its outlook. Morgan Stanley gained 0.4% after a report in The Wall Street Journal that said the lead underwriter of Facebook’s initial public offering has considerable exposure to the social-networking company through equity investments by several of Morgan Stanley’s mutual funds. This week trading could get choppy as investors gear up for Ben Bernanke's closely watched annual speech at the meeting in Jackson Hole. The market will also be sorting through a batch of economic data, including reports on consumer confidence, pending home sales, personal income and spending, as well as Chicago area manufacturing and the Fed's beige book. Implied volatility inched lower on modest trading volumes.

Stocks fell yesterday after a Federal Reserve official threw cold water on the notion that another round of stimulus is on its way. The selling started early, after reports indicated that manufacturing hit a nine-month low in China and contracted across the eurozone for the seventh month in a row. Also, jobless claims increased to 372,000, more than 365,000 expected. Meanwhile, new home sales rose 3.6% to a seasonally adjusted annual rate of 372,000 in July, better than the 368,000 expected. Hewlett-Packard slid 8.2% following weak earnings and negative comments about the PC market from CEO Meg Whitman. Coupled with Dell’s disappointing results, H-P’s outlook cast a pall over techs, especially companies tied to the PC sector Autodesk and Salesforce.com were hit hard in the evening trade after quarterly forecasts came in below estimates. Autodesk tumbled 22%, while Salesforce.com slid 5.6%. Implied volatility inched higher on moderate trading volumes.
Stock Picks and Trading Commentary

Stocks trimmed losses yesterday to close mixed after minutes from the FOMC’s latest meeting showed that the central bank is leaning toward taking measures to stimulate the economy. Also, sales of existing homes rose 2.3% in July, in line with expectations, illustrating an increase in activity in the housing market. Among global news, Japan's trade deficit in July was wider than expected at ¥517.4 billion ($6.5 billion), as Europe's debt crisis and slower growth in China pressured the country's exports. Dell slid 5.4% after reducing its profit forecast for the year. EBay rose 2.5% after the company’s PayPal payments business announced a deal with Discover Financial Services to bring PayPal access to businesses that take Discover credit cards. Zynga rose 9.8% after JMP Securities initiated coverage of co. with an outperform rating and $4.50-a-share price target. In the evening trade Hewlett-Packard was down 0.2% after the co. swung to a fiscal third-quarter net loss of $4.49 a share. Implied volatility inched higher on light trading volumes.
Trading Stock Picks and Commentary

Stocks pared early losses yesterday to close virtually unchanged as investors waited for events later in the week, including the minutes from the Federal Reserve’s last meeting. Best Buy fell 10.4% after buyout talks with founder Richard Schulze floundered, also the co. tapped French restructuring expert Hubert Joly as its CEO. Apple climbed 2.6% to record level, as buzz grew around the expected September launch of the iPhone 5. Facebook jumped 5.0% after Capstone Investments upgraded the stick to buy from hold with a price target of $26. Also, tech sector got a lift from Hewlett-Packard and Dell, which were up 2.9% and 2.8% respectively ahead of earnings. Implied volatility little changed on modest trading volumes.

Stocks ended higher Friday on positive economic data, with the broader market capping off a sixth straight week of gains. The University of Michigan Consumer Sentiment Index rose to 73.6 in early August from 72.3 last month, above 72.2 expected. Separately, the Conference Board said its index of leading economic indicators for July rose 0.4%, also above expectations. Tech stocks ended the week on an upbeat note, led by Apple reaching a record close, but it was hard to ignore notable losses from social-media sector stalwarts Facebook and Groupon. Apple gained 1.85%, posting its highest- ever close at $648.11, after Jeffries & Co. raised his price target on stock to $900 a share from $800. Marvell dropped 14.17% after weak earnings. Facebook slid 4.13% dipping to $19 a share, on concerns about more than 270 million shares that have become free from their post-IPO lockups, with many more to come later this year. Stock advances are expected to run into resistance this week, as a lack of fresh incentives and opacity in Europe catch up with equities. Investors will closely watch the Federal Reserve minutes and news from Europe as Prime Minister Antonis Samaras plans to meet with President Jean-Claude Juncker of the European Council, German Chancellor Angela Merkel and French President François Hollande in quick succession next week. Also, notable companies slated to report results next week are Dell, Hewlett-Packard, Dell.

Stocks advanced slightly yesterday on light volume on mixed economic reports. The Federal Reserve Bank of New York said its manufacturing index dropped to negative 5.9 in August, the first negative reading since October. Industrial production rose 0.6% in July, in line with analyst expectations. The National Association of Home Builders' Housing Market Index rose to 37 in August from 35 the prior month. New York Attorney General sent subpoenas to major banks as part of a probe into the manipulation of Libor. Merck and Intel led the blue-chip barometer lower, both falling about 0.8%. JDS Uniphase jumped 8.2%, a day after the co. reported better-than-expected quarterly results. Networking companies also posted gains, getting a boost from remarks by AT&T Chief Financial Officer who reiterated the company’s forecast for capital spending “in the $20 billion range” this year. Cisco Systems closed up 1.1% ahead of its release of fourth-quarter results after the bell. Shares added another 5% after hours after the co. topped analysts’ estimates. Implied volatility inched lower on modest trading volumes.
Stock Picks and Commentary

Stocks finishing the day barely changed yesterday, trimming early gains following a report that Greece was looking for a two-year extension to implement austerity programs. Ahead of the bell, sales at U.S. retailers increased 0.8% in July, breaking a string of three straight monthly declines, topping expectations for 0.2% growth. Sales excluding autos and gasoline rose 0.9%. Producer prices also beat estimates, increasing 0.3%. Business inventories rose 0.1% in June, slightly slower than the 0.2% rise were looking for. In Europe, data showed that the German economy grew 0.3% on a seasonally-adjusted basis in the second quarter, beating forecasts of a 0.2% rise. French gross domestic product was unchanged in the second quarter, which was better than economists’ expectations of a 0.1% decline. Home Depot gained 3.58% after the co. reported higher fiscal second-quarter results. Groupon fell 27% after the co. issued a disappointing third-quarter forecast due to concerns over the economic situation in Europe. In the evening trade JDS Uniphase popped up 5.1% following the solid earnings and guidance.

Stocks tumbled yesterday as concerns about global growth weighed on the market. The Greek economy shrank 6.2% in the second quarter, according to preliminary government estimates. Japan's GDP expanded at an annualized 1.4% in the second quarter, while economists expected 2.7% growth. Meanwhile, investors are debating whether the U.S. economy is weak enough to warrant additional stimulus from the Federal Reserve. Google rose 2.8% after the co. said it will slash about 20% of Motorola Mobility’s work force, or 4,000 positions. Also, Google has agreed to buy Frommer’s travel guide brand from John Wiley & Sons for an undisclosed sum. Apple gained 1.3% as news reports of iPhone price-cuts fed speculation a new model of the popular smartphone will be released soon. Yahoo was down 0.9% after Stifel Nicolaus cut the stock rating to hold from buy on news that Yahoo may keep some of the cash from the sale of its Alibaba stake to invest in the business. Groupon tumbled 20% late Monday, after the daily-deals company’s quarterly revenue forecast coming in below analysts’ target.
Stock Picks and Commentary

Stocks edged lower yesterday after the Federal Reserve left its economic policies unchanged, dashing hopes for more stimulus measures. The central bank said economic activity "decelerated" and reiterated its former guidance, forecasting it is likely to hold interest rates near "exceptionally low levels" at least through late 2014. Also, ADP Employer Services said companies added 163,000 jobs in July compared to a revised 172,000 in June, better than economists forecast. Apple gained 4% this week amid speculation about a possible stock split and potential for its inclusion in the Dow. Comcast reported better-than-expected earnings and sales on growing subscribers base and gained 3.1%. In the evening trade Oracle slid 0.79% after Hewlett-Packard announced that it had scored a victory against Oracle after a California court ruled in its favor. Today investors will watch closely European Central Bank meeting as European leaders said they were ready to do whatever it takes to protect the euro. Implied volatility inched lower on moderate trading volumes.
Seasonal and CANSLIM Stock Trading

Stocks fell yesterday, trimming a second month of gains, as investors worried central banks would not come through with enough stimulus to bolster the global economy. On Wednesday, the Federal Reserve finishes a two-day policy session, with many skeptical of how much impact the central bank can have. Consumer confidence index in July climbed for the first rise in six months as Americans grew more hopeful about employment prospects in six months. Also, consumer purchases slowed in June, while wages rose. Tech stocks closed mostly lower, weighed down by slumping Seagate Technology and Facebook, which lost 1.35% and 6.22% respectively. Facebook set the tone for other declines in social-media stocks. Notable gains came from Apple and Micron. In the evening trade Electronic Arts rose 2.5% after the co. reported better-than-expected loss. Implied volatility inched higher on moderate trading volumes.

Investors took a pause yesterday, waiting to see if there will be further stimulus announced by U.S. and European central bankers later this week. After meeting on an island in northern Germany, U.S. Treasury Secretary Timothy Geithner and Germany’s finance minister on Monday vowed to cooperate in advancing policies to stabilize the global and European economies. Spain's economy fell 0.4%, shrinking for a third straight quarter. Apple and Cisco Systems rose, but semis weighed down the tech sector. Apple rose 1.7% after the co. said downloads of its new Mountain Lion operating system topped 3 million in four days, the most successful operating system launch in its history. Also, Apple and Samsung begin their patent battle in court Monday. Seagate Technologies fell 8.6% in after-hours activity after the hard-disk drive maker’s fourth-quarter results and revenue outlook fell short of Wall Street estimates. Implied volatility inched higher on modest trading volumes.
Stock Trading Systems

Stocks rallied yesterday after the European Central Bank signaled its intention to preserve the euro. Bond yields in Spain and Italy fell back under 7%. The National Association of Realtors reported its index of pending home resales fell 1.4% in June. Jobless claims declined more than expected last week, down 35,000 to 353,000. Orders for durable goods rising for a second month, up 1.6% in June. Telecoms led gains that included all of its 10 sectors. Sprint Nextel surged 20% after the co. reported increased spending by customers on data plans. Zynga dove 37.5% after disappointing quarterly results. Facebook dropped 8.5% ahead of quarterly report after the close. Akamai Technologies and Western Digital soared 24.0% and 20.9% after better-than-expected results and solid guidances. After the closing bell Facebook dropped 9.6% after the co. reported earnings in line with expectations but issued no forecast. Starbucks slid 11% after the co. issued soft forecast, citing weak consumer spending in Europe and higher commodity costs. Amazon.com gained 1.6% after the online retailer forecast a third-quarter operating loss of between $50 million and $350 million and revenue of $12.9 billion to $14.3 billion. Implied volatility inched lower on moderate trading volumes.

Stocks sank yesterday, following a report that Greece is still unable to pay off debts and will need to go through further restructuring. The big slide kicked off when Reuters reported that three EU officials believe Greece will have to restructure some 200 billion euros in debt. Also, Moody’s Investors Service late Monday cut its outlook on Germany’s triple-A credit rating to negative from stable. Meanwhile, an index from the Richmond Federal Reserve showed that manufacturing activity index fell 16 points to negative 17. Tech stocks extended losses with Cisco sliding 5.91% after the co. said it would cut 1,200 jobs. AT&T lost 2.12% after the co. said second-quarter profit rose more than 8%, though sales fell short of forecasts. In the evening trade Apple slid 5.1% as earnings fell short of the $10.35 a share analysts anticipated. Also, Apple said it shipped 26 million iPhones during the quarter, while analysts were expected more than 28 million units to be shipped. Netflix lost 14% on disappointing guidance, the co. also suggested it might not reach its targets for new subscribers to its Internet-based video streaming service. Implied volatility inched higher on moderate trading volumes.

let's hope so . . for lots more!
It IS interesting how QQQ has not yet reached below yesterday's Low . . .
whereas SPY has!

More downside coming

Stocks managed to pare losses yesterday, but all three indexes still closed lower as worries that Spain may need a full-blown bailout and more fears the International Monetary Fund might stop payments to Greece sparked a global sell-off. Securities regulators in Spain and Italy both instituted temporary short-selling bans Monday to try to stop the heavy selling in European markets. McDonald’s closed down 2.9% after reporting second-quarter earnings that fell short of estimates. Most of the tech sector also closed in the red, with Microsoft and Hewlett-Packard among the decliners, sliding 2.77% and 1.64% respectively. Yahoo shed 0.97% after former Yahoo CEO Scott Thompson was named CEO of ShopRunner. Research In Motion managed to close 1.25% higher after late Friday, the International Trade Commission ruled that neither RIMM, nor Apple, had violated patents of Eastman Kodak Co. in a case involving image-preview technology. In the evening trade Texas Instruments lost 0.6% after the co. reported better than expected earnings but issued weak guidance. Cisco Systems lost 1.20% after the co. announced plans to to lay off about 2% of its global workforce, or roughly 1,300 employees as a “part of a continuous process of simplifying the company, as well as assessing the economic environment in certain parts of the world.” Implied volatility inched higher on massive trading volumes.
Stock Seasonality Data

Consumers kept a tight grip on their wallets for a third straight month as concerns about slower job creation, stalled global growth and the European debt crisis loomed. The mood was also gloomy as worries about a slowdown in China were heightened over the weekend after Prime Minister Web Jiabao said his country's economic troubles will continue. Investors also kept a close eye on earnings reports. Citigroup kicked off the busy week by topping analysts' forecasts, even as its quarterly revenue fell short of estimates. Shares of Yahoo rose more than 2% in after-hours trading after the company named Google executive Marissa Mayer as its new CEO.

Stocks fell Thursday as fears about a global economic slowdown and disappointing corporate results weighed on the market. Investors are concerned that global central banks are unable to stimulate economic activity as growth remains sluggish. Concerns about corporate profits also took a toll on sentiment following weaker-than-expected Q2 reports this week. A drop in weekly claims for unemployment benefits failed to brighten the gloomy mood. The initial euphoria from the recent European summit has faded.

Yesterday stocks slipped for the fourth day in a row, after the Fed minutes offered no new hints that another round of quantitative easing would be coming anytime soon. Investors also continued to digest the latest moves out of Europe. Yields for Spanish 10-year bonds, which have hovered around the perilous 7% level in recent weeks, fell to 6.59% Wednesday. The U.S. trade deficit stood at $48.7 billion in May, coming in just slightly below expectations. The implied volatility little changed.
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Yesterday stocks showed weakness as worries about corporate earnings falling short of expectations unnerved investors. Tech stocks added pressure to already-down markets after Applied Materials and Advanced Micro Devices both warned their revenue would fall short of forecasts. Overall, analysts are expecting underwhelming Q2 results, with earnings dropping off compared to Q1. However, with the bar set so low, stocks may benefit from companies beating expectations. Meanwhile, China reported worsening year-over-year import growth early Tuesday. June growth came in at 6.3%, half of May's 12.7%, pointing to weak demand.

The Labor Department's jobs report came in below expectations on Friday and pointed to signs of a deceleration in employment growth -- a scary prospect for the broader U.S. economy. Stocks pared some of the steepest losses near the end of a light trading day on rumors of potential Federal Reserve intervention in the markets. Worries over the health of the global economy also caused investors to flee commodities. Oil prices dropped more than 3%. The technology sector added to investors' concerns after Seagate Technology reported weaker-than-expected quarterly results. Other key technology companies traded lower on fears that slowing global growth could weigh down the entire sector. Meanwhile worries over the health of eurozone continue to bubble up.
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The market closed in negative territory yesterday, after clawing back from much steeper losses in the last hour of trading. Leaders at the two-day EU summit in Brussels are faced with the daunting task of coming up with a concrete solution. Trading was largely driven by speculation and rumors. Fears of a global slowdown also sparked a steep sell-off in oil prices, which ended the day down more than 3%. Weekly jobless claims dropped slightly more than expected. The market is set to open higher on positive news from Europe.

Markets closed yesterday with solid gains following strong reports on durable goods and housing, but worries over the EU summit remain front and center. That's the third positive housing report this week, and investors are taking heart. Google unveiled its first tablet. Shares of Google and Amazon were up on the news. Best Buy rebounded after reports that the retailer's founder, Richard Shulze, may be selling his stake in the company. The market sentiment turns bullish. However, the VIX index of S&P500 volatility remains at 19-20 level.

Stocks fell sharply yesterday as investors lowered their expectations for a key summit of European Union leaders later this week. Spain was in focus after the government officially requested EU loans to help bailout the nation's banks, borrowing costs have risen recently to record highs above 7%. Also, new home sales for May rose at a seasonally adjusted annual rate 369,000, above 350,000 expected. Tech followed the broad market retreat, pushing the Nasdaq down 2%. Research In Motion fell 7.5% after analysts at Morgan Stanley reportedly downgraded the stock. Big names in the tech sector also felt: Microsoft shed 2.7%, while Hewlett-Packard slid 4.1% and Intel gave up 3.3%, joining the worst performers on the Dow Jones Industrial. In the evening trade Apollo had climbed 10% after the company said its Q3 earnings were $1.20 a share, better than the $0.97 a share expected. Implied volatility inched higher on light trading volumes.
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