PennyOmega.com Stock Report!

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Friday July 31, 2009

PennyOmega.com Stock Report!

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General Employment Enterprises, Inc. (NYSE Amex: JOB) reported consolidated net revenues for the quarter ended June 30, 2009 of $2,520,000, compared with consolidated net revenues of $3,622,000 reported for the same period last year. It was the third quarter of the Company’s 2009 fiscal year. Contract service revenues for the quarter were $1,490,000, down 17% from the same period last year. Placement service revenues of $1,030,000 decreased 43% from last year.

Noble Corporation (NYSE: NE) today reported that the Company’s Board has established the record date and payment date for a dividend in the form of a reduction of the

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by Professional editor working for http://www.cheaponsale.com

Beijing early early of March 19, the United Kingdom store market blocked down a humble, pessimistic find clear fault redundancy written knowledge for Rio Tinto and aluminum exchanging prospects and Shell are in addition worries about long-term expansion shareholder psyche intrusive.

As of Wednesday afternoon London time, 4:30 (Beijing Thursday 0:30), the British share of the overall situation vane: FTSE 100 index fell 52.11 points to close at 3804.99 points, or 1.4%. The index was a modest early gains, but gains access to dissipate after midday. Continental Europe, the Frankfurt and Paris stock markets higher the stock market fell.

UK National Statistics Office broadcast that, according to ILO values, in November final year to January this year, three months of unemployment in the United Kingdom a total of 2,030,000 employees, the unemployment rate boosted to 6.5%. Compared with the earlier three months, the …

The SPy is not quite as bullish looking but the short term momentum is clearly higher which is making an excellent long trade environment...for now. Risk management is job #1

In “Hollowing Out, Tokyo Style,” FT Alphaville’s Gwen Robinson does a fine job of capturing an ongoing, and now accelerating human resources conundrum. While it seems like there’s no shortage lately of fake Japundits (not to be confused with the real Japundit, who is simply trying to keep it real on the cultural front) saying to go long Japanese stocks, boots-on-the-ground evidence provides further insight into the opaque. First, the positives: “You know when the big guys like Goldman and Lehman cut their small cap teams that we’ve reached the bottom - you have to think, it’s got to be upwards from here”. [FTA’s quoting of an expat broker] Also, the fact that Japan-focused hedge funds have been hammered (FTA cites Eurekahedge: AUM contraction in 2007 of $10.9B due to poor performance including $7.7B of redemptions) and ...

at KNIGHT TRADER BLOG wrote a review of MY BOOK. Here is an excerpt "Brian Shannon's book technical analysis through multiple time frames is a modern day version of Stan Weinstein's trading principles applied to 21st Century technology. Brian takes difficult technical analysis concepts and explains them in a way that makes them easy to understand and comprehend." Read the entire review HERE and be sure to check his blog each day for trading ideas. I'm still having difficulties with getting recordings done on my new computer, but here are some stocks I will be looking at during the first couple days of the coming trading week. Again, these are just what appear to be low risk/ high potential profit setups, they are not recommendations. There is still a lot of opportunity in many of the volatile shipping and solar plays for aggressive intraday traders. POTENTIAL LONG CANDIDATES...

Last Saturday I posted some stocks I would be watching for Potential trend trades those stocks are in the table below. As much as I liked some of the setups, I did not expect the group to do as well as they did. The average stock on the list gained over 8% on the week. Seventeen of the stocks were up more than 10%! The best performing stocks were related to solar, shipping and Chinese companies. Of course there were losers too. Only one of the six short sale candidates declined in price, but the worst loser was a long candidate. The stock which lost the most was one I traded and posted the trade on FEED As the title of that post indicates, risk management is job number one of any market participant. I traded that stock long on ...

and go away? Here's some good RESEARCH on the subject. I spoke to Andrew Horowitz of the Disciplined Investor about my book you can listen to it HERE Be sure to subscribe to his excellent weekly podcast, he does a great job. I will be conducting a class this Friday, here is where you can SIGNUP and you can review what previous ATTENDEES have had to say.

Not expecting too much for today, so took a look at what’s going on my feed reader:

CXO Advisory takes a look at AlphaKing:
In summary, testing indicates that the AlphaKing Trading Indicator may have some value for timing the Nasdaq Composite index, but the duration of the live data sample is much too short for reliable inference.
Financial Week looks at blogmining.

Econoblogging as a step towards a job.

Vix and More on High Implied Volatility.

Wall St. Warrior always has a great pre-market warm up. Not expecting much today

Herb Greenberg’s five lesson’s learnt. (Via Maoxian via TraderMike)

Why things cost $19.95 (Via Maoxian)

How to monitor websites that don’t have RSS feeds – handy (Via Maoxian)

Bill Rempel’s Seven Quantifiable Ways to Define Trend. The Average Directional Index is …