pa href="http://feedads.g.doubleclick.net/~a/qn4KtHEV6yUP8xPc6t0PUEMs7Xs/0/da"img src="http://feedads.g.doubleclick.net/~a/qn4KtHEV6yUP8xPc6t0PUEMs7Xs/0/di" border="0" ismap="true"/img/abr/ a href="http://feedads.g.doubleclick.net/~a/qn4KtHEV6yUP8xPc6t0PUEMs7Xs/1/da"img src="http://feedads.g.doubleclick.net/~a/qn4KtHEV6yUP8xPc6t0PUEMs7Xs/1/di" border="0" ismap="true"/img/a/pWhile I am still a longer-term bull given the intermediate trend is still up, short-term sentiment has clearly turned negative. My indicator for short-term sentiment is the the 32-day moving average at 1,036 on the Samp;P 500, which was already breached last week. The intermediate trend support on the other hand is marked by the 130-day moving average, which is currently at about 952. For me to change my longer-term bullish perspective, this intermediate support has to break. For now I would acknowledge the reversal in short-term sentiment (bullish to bearish), but expect any down moves to be choppy due to huge amounts of money that have missed this rally and are looking to get in at lower levels. For now, based on Fibonacci Retracement, the near-term supports are more or less at about 1,000 to 1,010. ...

pa href="http://feedads.g.doubleclick.net/~a/1ahPGhHk97UE1Q1M5DZmLBLY1-U/0/da"img src="http://feedads.g.doubleclick.net/~a/1ahPGhHk97UE1Q1M5DZmLBLY1-U/0/di" border="0" ismap="true"/img/abr/ a href="http://feedads.g.doubleclick.net/~a/1ahPGhHk97UE1Q1M5DZmLBLY1-U/1/da"img src="http://feedads.g.doubleclick.net/~a/1ahPGhHk97UE1Q1M5DZmLBLY1-U/1/di" border="0" ismap="true"/img/a/pMarkets fell over 2% ltoday after some disappointing reports on the employment and manufacturing front. Initial jobless claims and the ISM manufacturing index came in worse than expected. I issued a href="http://www.cheapeststocktradingstrategies.com/2009/10/s-correction-warning.html"a correction warning about 45 minutes into the trading session/a, and liquidated all our long exposures in the model portfolio (see transactions and remaining positions below). It's important therefore to have the flexibility of small position sizes near market tops and stop losses for every position... it's better to preserve capital and live to fight another day. My risk:reward ratio is usually 1:3, so even if I lose 7 times out of 10, and lose $100 per trade and gain $300 for the profitable ones, I am still ahead by $200. Here is my post on a href="http://www.cheapeststocktradingstrategies.com/2009/09/how-to-set-stop-losses.html""How To Set Stop Losses"/a as a reference.br /a ...

Chinese fast food chain Youghe King, currently a subsidiary of the Philippine fast food giant Jollibee, has opened its first chain restaurant in Tianjin. Located in Tianjin's Longmen Building in front of the city's railway station, the new Yonghe King restaurant covers an area of 350 square meters. With nearly one hundred seats, the restaurant serves [...]

The S&P 500 has rallied from its lows of about 667 and is now 60% higher at 1068. Many market pessimists argue that it's okay to have missed the rally (though little admit to have lost a lot shorting it) since given the economic realities, the market will sink back to lows anyways. They argue that consumer spending, which is 70% of the US economy, has suffered a structural blow that will prevent it from being the engine that revs the economy again. They argue that the past heydays of the equity markets and the US economy were products of misrepresentation of wealth in the form of bloated prices in housing and other financial products that were structured to take advantage of this. And right now, the unprecedented magnitude of global stimulus is also another artificial stop gap, that when ...

Markets were up slightly once again on Friday. But while managing to hold, markets have lost a little momentum the past two trading sessions. The S&P 500 chart has already broken above its rising channel pattern (green and red slopes), but it is lacking a leg for a full five-point reversal. Because of this, we think that resistance won't likely turn into support, and the market will fall back into the pattern for the meantime to finish off its duration. The MACD also indicates an overbought level as of the moment. I still won't short this market though I feel the desperate bears are already getting giddy... What does a five point reversal mean anyway? Whatever consolidation pattern a stock or index is in, the ...

“Not just a place to take a vacation”- that’s what the Philippines is now becoming with the trend of the BPO sector in the country. Right now the Philippines ranks 2nd in the offshore BPO services globally. The country would be hosting its first Outsourcing summit organized by the Business Processing Association of the Philippines (BPAP) where delegates from around the globe would be able to discuss the direction of the industry. As the hosting country, this provides the Philippines with the golden opportunity to showcase its assets and advantages as a choice for outsourcing needs which includes geographical preference, cost and quality of labor.

Furthermore, three major companies have had major developments to show further interest in the Philippines as a significant base of their operations and services.

First up is the International Business Machines Corporation (NYSE: IBM) which plans to

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The following is an option strategy brought forth by IVolatility.com. I actually use their site to look at IV charts for options. The strategy they are suggesting is a Bullish Call Ratio Backspread and a Short Put on SLW, a silver mining company. The Silver Story In IVolatility Trading Digest™ Volume 9, Issue 32, The Season for Gold, dated August 17, 2009 and then again, in IVolatility Trading Digest™ Volume 9, Issue 33, Seasonal Gold 2.0, dated August 24, 2009 we suggested new positions in the precious metals sector using silver and gold. Since they have both quickly moved up to their previous resistance highs we offer some additional background information and another idea for a potential upside breakout. Gold (cash) at 994.40 is within 12.03 of testing the previous high at 1006.43 made on February 20, ...

3 out of 4 executives say that outsourcing is needed to get through this tough economic time.

As we move ever further into the information age, being able to provide the best service becomes a cutthroat competition. The latest and most innovative technology is needed to ensure you are ahead. But unfortunately there is an ever increasing budget constraint due to the global recession, especially on IT, forcing the emergence of new business to cater to the needs that are not being met. This in turn provides for more job opportunities to become available.

Capital investment for equipment is not really the bulk of the expense, its maintenance of the system and asset that takes a bigger slice of the expenses.  Thus having cheaper maintenance costs makes IT outsourcing a better option to remain competitive.

The IT industry was already utilizing off shoring even before the start

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I really believe that when economic cycles are at their peaks or troughs, it is very important to be contrarian. Right now, we are seeing various signs that the US economy is at its troughs, and at the same time the prevailing sentiment is bearish. Well, the bullish contrarians, like me, are being bashed frequently. Liz Ann Sonders of Schwab, who is on the bullish camp since early this year, writes: "Frankly, I've been surprised at some of the reactions I've gotten from investors. It's not just that there are few believers; it's that some of the nonbelievers have expressed their opposition to the optimistic view with such anger … some of it aimed directly at me." I've gotten the pretty strong reactions from bearish people with one of ...

The following is an interesting video from Yahoo! Finance's Tech Ticker which I would like to share. Altucher looks like a nerd and he may be crazy... but I'd have to agree, he has a point. I really commend him for sticking his neck out since the comments section of this video is probably already filled with profanity-laced lash outs at his pro-deficit statements. But hey, if the recovery isn't going to be consumer-led by any stretch of imagination, it has to be led by government spending. Despite many investment professionals saying that the AIG and other financial institutions are walking zombies and weren't supposed to be kept alive by taxpayer money, I fully agree with what the government did. Else it'd be like Japan, with more than a decade long deflationary era. Yes, what the US government (and all other governments globally) is ...