The right way to do intraday trading is starting to gain information about the market. The only way to treat a cold or influenza is to treat the symptoms. American Intl Group, Inc. (AIG) – Shares of American Intl Group, Inc. are starting to calm down after the huge run over the past month. I feel SIRI is now starting a new uptrend. I feel SIRI is now in a new uptrend. Sirius XM Radio will now have resistance located at $1.50. AIG doesn’t have any resistance until $60. American Intl Group, Inc. (AIG) – Shares of American Intl Group, Inc. have support at $50 now. American Intl Group, Inc. (AIG) – Shares of American Intl Group, Inc. broke up through $55 on Tuesday and continue to be on fire. Baidu, Inc. (BIDU) – Shares of Baidu, Inc. are back above $100. Shares of Research in Motion Ltd are back below $60. Shares of Hyperdynamics Corporation will now have resistance located at $4.00.
Baidu Inc will have major resistance between $110-$115. Alcoa Inc. (AA) – Shares of Alcoa Inc. (AA) broke up through $15 resistance on Wednesday and printed a high of $15.63 on Thursday. Alcoa Inc has resistance up at $15. Daily Finan. Bull 3X Shs(ETF)(FAS) – FAS continues to have resistance at $27.34 for the rest of 2010. On the flip side, FAS will have support at $23. Below is a list of unique boutique s that are worth watching for December 22, 2010. Also, check out some of the biggest stock gainers of the Day, Top 2010 stock Gainers , stocks to Buy 2011, and Day Trading Tips. Below is a list of stocks that are worth watching for December 20, 2010. Also, check out some of the biggest stock gainers of the Day, Top 2010 stock Gainers , stocks to Buy 2011, and Day Trading Tips. If Citigroup breaks back below $4, I will get out.
New economic data out Thursday underscored weakening trends in the labor market as new jobless claims unexpectedly rose to the highest level since early September, giving investors reason to believe the grim data will compel lawmakers to advance a stimulus bill more expediently. Level 3 Communications Inc. has resistance around $1.10. Arena Pharmaceuticals now has resistance located at $2.17 & $2.29. Sirius XM Radio will now have resistance located at $1.61 as well as $1.70. Resistance is located at $3.51. Hyperdynamics Corporation is a Top Pick for 2011. Hyperdynamics is a strong buy on pullbacks below $4.00 if we ever see them again. Hyperdynamics will have support around $3.38-$3.40. Again, readers should recall that I have always contended that we are still in a secular bear market a bear market not unsimilar to the 1966 to 1974 secular bear market. Hemispherx Biopharma, Inc. (HEB) – Still waiting for the FDA decision on Ampligen. I still own my core position but sold some on Tuesday into the large gain. Cisco Systems is a stock that I own personally and I plan to double my position on a break above $20.
Cisco Systems remains a strong buy below $21 per share. Below is the list of the Top stock Gainers so far in 2009. As a screener, only stocks with at least 50,000 in volume and over $2 per share price are included. Remember that past performance doesn’t correlate to future indications on price. Airbnb’s (ABNB) stock opened for trading on the Nasdaq at $146 per share on Thursday, jumping sharply above its initial public offering price as traders snapped up shares of the newly public company. Congressional stock trading activity dropped by some two-thirds after 2012, according to a study by nonprofit consumer advocacy organization Public Citizen. Manual trading is limited to the number of hours you can stay focussed in a trading day. Intraday trading (Day trading) involves buying and selling the stocks on the same day. These are printed nearly immediately unless there has been a heavier volume of business that particular day. There is a big risk the stock can fall into the $16’s before any major rebound.