Daily Blog - Tiger Software 2/13/2008 Trading Hints
When The Market's Tide Is Low,
TIGERSOFT HINTS - 2/13/2008 "The market may have lost its appetite for
stocks, but it's hungry for commodities, especially wheat.Wheat soared to a record Friday
as the Agriculture Department forecast that supplies will drop 40% from last year to a
60-year low in May. It already has more than doubled in the past year. Corn, soybeans,
gold and platinum have also soared to new records. "We're in an inflationary
cycle that's heating up, so things such as commodities are becoming more valuable than
paper assets," said Adam Harter, director of operations at Financial Enhancement
Group, with $200 million in assets. "People in developing economies are seeing
incomes rise and are able to buy more and that's putting a pressure on the demand side of
the equation." Investor's Business Daily http://biz.yahoo.com/ibd/080208/etf.html?.v=1
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CMP |
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KWIK - Short have ti cover on
new highs like was just seen. Moves past 3 separate tops, all arranged on a line usually make good short-term trades, Quicksilver Resources, Inc. engages in the exploitation, exploration, development, production, and sale of natural gas, crude oil, and natural gas liquids (NGLs) in the United States and Canada. It also involves in marketing, processing, and transmission of natural gas. |
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COIN - Low
priced stock traders should use the Tiger-Power-Ranker to find low priced stock coming out of long bases, making new highs, major Buy signals and showing unusual volume. The rising 21-day ma acts as a good place to look for renewed support. See Explosive Super Stocks. |
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DBA -
Agricultural commodities ETF - new highs are confirmed by OBV and high Accum. Index |
SID
Companhia Siderurgica Nacional (SID) - High TigerSoft (Blue) Accumulation. Companhia Sider?rgica Nacional (CSN) primarily operates as an integrated steel producer in Brazil. It produces a line of steel products, including slabs, which are semifinished products used for processing hot-rolled, cold-rolled, or coated coils and sheet products; hot-rolled products comprising heavy-gauge hot-rolled coils and sheets, and light-gauge hot-rolled coils and sheets; cold-rolled products, including cold-rolled coils and sheets; and galvanized products consisting of flat-rolled steel coated with zinc or a zinc-based alloy. |