Germany

Follow us:      Share this content:     Germany   Often fear of the unknown prevents change from happening. Echoing the sentiments of the American electorate in 2012, German voters stuck with what they know, deciding to keep Angela Merkel in power. While the initial results showed Merkel to have an absolute majority, in the end she is still being forced to design a "Grand Coalition". Still, the punditry has been tripping over each other desperate to make that result (or any other result) positive for Europe. However, Monday's muted market reaction betrayed investors' worries about the next chapter in the eurozone debt crisis. With a second Greek two-day strike in one week scheduled for Tuesday and Wednesday, look for Europe's real worries to emerge.  Here at home the S&P had its third down day in a row for the first time in five months. The un-Taper exuberance has worn off as a conflicting chorus of fed mouthpieces started talking including comments from St. Louis Federal Reserve President James Bullard. The after effect is that we head into the week with a number of data releases with a giant hangover. Even though the drugs are still coming, the junkies may be preparing for the withdraw.     ---Larry Levin       In conjunction with TheStreet.com and Bar Chart, Trading Advantage Chief Market Strategist Alan Knuckman  provides a daily morning update on the global action in stock futures, gold, oil and interest rates.       Congratulations to John Gugino Congratulations to our student of the day John Gugino who made $840 trading crude oil futures.The markets were choppy but John was able to stay disciplined and stick to the methodology. Congratulations to John for making money in a tough market! NOTICE: Testimonials are believed to be true based on the representations of the persons providing the testimonials, but facts stated in testimonials have not been independently audited or verified. Nor has there been any attempt to determine whether any testimonials are representative of the experiences of all persons using the methods described herein or to compare the experiences of the persons giving the testimonials after the testimonials were given. The average reader should not necessarily expect the same or similar results. Past performance is not necessarily indicative of future results. No person was compensated for providing a testimonial.     OPTIONS: Volatility Commentary ---Michael Shorr Synergies. It is one of the most powerful resources we have between the instructors here at Trading Advantage. We have two of the best stock traders in the business in Dan O'Brien and Charles Moon. But what does that mean for an options trader? It's true that often our option trade signals involve exploiting an arbitrage opportunity between different expirations in implied volatility. But, options can also be used in a directional sense. Using the methodologies that Charlie and Dan employ, we can generate trade signals that allow our students to make directional plays utilizing less capital and can even allow our students to short an equity where it may be hard to with the underlying stock due to its availability in the marketplace to borrow. Let's take the specific example of Cisco (CSCO). Utilizing the "Inside Bar" (IB) methodology a trade signal was generated to short CSCO at 24.17. We are targeting a price exit of ~$23.00 or a stop loss at $25. In this scenario, we would stand to make ~$.60 or lost ~$.25. This risk to reward is well within our risk parameters given the strong technical signal that was generated.     FOREX: Currency Spotlight ---Charlie Lewis   The only mild surprise in Sunday's German election was the margin of victory that Angela Merkel enjoyed;a vote of confidence not seen since the days-long ago- of Helmut Kohl in the 70's. As the last votes were counted,the Euro rallied briefly,only to fall back as Mario Draghi-remeber him?- emerged this morning to announce his commitment to low interest yields in Europe via the money printing machine.Yes,there are echoes in the world of managed economies,and a growing sense among us minions that we are caught in a vicious vortex of diminishing returns.     STOCKS: Watch List ---Charles Moon   The markets were down yet again, marking a 3 day losing streak. The Dow was trying to press higher right at the open, but ended up slowly pressing down throughout the trading session. While we did close well off the low of the day, the selling pressure absorbed all buying that was taking place. With the markets pulling back since the FOMC announcement, the down slide is starting to gain a little bit of momentum. I still see trading as being choppy for now, as we are approaching the the debt ceiling and a possible lockout in D.C. With this hanging over the markets in the short term, keep looking for the choppy pullback to continue. With conflicting news coming out from Fed members, the markets have taken most of the news negatively. Seeing a more seesaw effect with the momentum to the downside in the markets these days, it is hard being a buyer in these conditions. If the markets continue this downslide, then I would look to capture the sell for the short term. With an October 1st deadline for the government, we can make a small pop higher if they find resolution. Otherwise we will continue to slide around and remain choppy. Open Position: FB, GMCR Stocks to Watch: INTC AAPL GOOG IBM AMZN BIDU LNKD FB TSLA GRPN CTXS CSCO NTAP JBL BAC PRU WFC GS JPM MS NFLX WDC DIS CROX STZ NKE UA LULU CHKP JNPR POT GMCR VZ T HOG MON YUM MCD LOW HD LEN TOL V MA AXP DFS LVS MGM     FUTURES: Technical Data       ES 1697.50 / 1693.00 POC… 1695.75 YM 15376 / 15324 NQ 3222.25 / 3206.20 NOTES FROM THE PIT Click here to read     COMMODITIES: Play of the Day ---Patrick Assalone   Crude Oil once again had a number of good trading opportunities on Monday after the contract rollover and a defined down trend. Based on our educational methodology, we would look for short signals only, either as a reversal at 103.71 or below 103.13. Click here to watch video   is a leading investment education firm that empowers traders to achieve and surpass their financial goals. More than 50,000 students have used Larry Levin's proven techniques for powerful results.   IMPORTANT NOTICE: Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. Nothing in our website shall be deemed a solicitation or an offer to Buy/Sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of future results. Trading Advantage LLC provides only training and educational information. By accessing any Trading Advantage content, you agree to be bound by the terms of service. Click here to review the terms of services. DAYTRADING involves high risks and YOU can LOSE a lot of money. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those talked about in our site.

Copyright © 2013 Trading Advantage Our address is 111 West Jackson Blvd, 1122, Chicago, IL, 60604, USA   If you do not wish to receive future email, click here. (You can also send your request to Customer Care at the street address above.)