Home About Millennium Forum Guide to Services Trial Subscribe Member Login
Live chat by Boldchat

Stocks Trading Room
Futures Trading Room
Forex Trading Room
Options Trading Room
Chart Settings
Triple Access
Double Access
Stocks Trading Room
Futures Trading Room
Forex Trading Room
Options Trading Room
Market Commentary
Economic Calendar
Weekly MarketNews
Trader Tips
Market Alerts
Stocks Chat Room
Futures Chat Room
Forex Chat Room
Options Chat Room
Penny Stocks Chat Room Trading Rooms
Performance Tracking
Other Services
General Information
Stocks
Futures
Forex
Options
Penny's
FREE e-Book
Taking Day Trading
by Storm


Get into the basics on how to become a Professional Day Trader!

more info...







IRS Needs Grilled

IRS Needs Grilled IRS Needs Grilled

Congressional leaders on the House Ways and Means Committee, grilled Internal Revenue Service former acting commissioner Steven Miller on Friday. Committee Chairman Dave Camp said, "The reality is this is not a personnel problem. This is a problem of the IRS being too large, too powerful, too intrusive and too abusive of honest, hardworking taxpayers." The leaders had no problem coming down hard on Miller, after all - any American citizen knows very well what it is like to have the IRS come down hard on them, during an audit. Miller became aware of the 'inappropriate' conduct of the IRS in reviewing conservative groups' applications for tax-exempt status during May 2012 but, failed to notify lawmakers at that time. Miller held his ground that he did not mislead Congress. At one point during the hearing, Miller said he did not think the IRS had broken any laws when it drew up its targeting list - a response that received a profound "wow" from Republicans on the committee. Republicans are adamant in finding out who was involved in the target list. U.S. Treasury watchdog's report released this week did not identify individuals from the IRS's Washington headquarters or its Cincinnati field office who were responsible for coming up with the criteria used to single out conservative groups. During one of several combative exchanges with congressional leaders, Miller said he had asked IRS senior technical adviser Nancy Marks which agency employees were behind the targeting, but Miller could not remember who was identified as a responsible party by Marks. Representative Sander Levin of Michigan recommended that Lois Lerner, the IRS official who made the scandal public last week, should be fired for misleading Congress because she did not inform lawmakers about the problem sooner. "That is wholly unacceptable, and one of the reasons we believe Ms. Lerner should be relieved of her duty," Levin said. During the hearing Miller readily noted that the IRS has 'horrible customer service'. The IRS has never been one to believe in or trust in due to their ruthless actions which many times, are directed toward innocent American tax payers. The IRS is notably the most hated, in the USA. Anyone who was ever involved in an IRS audit knows the pain and agony it causes. So, if the leader of the IRS knows how horrible the customer service is, why was nothing ever done about it?

Oramed Pharmaceuticals Inc. (ORMP) - established in 2006 - shares were higher by 12% into late afternoon trading Friday after receiving U.S. Food and Drug Administration clearance for ORMD-0801, an oral insulin capsule. In early trading, shares were higher by 25%. Oramed Chief Executive Nadav Kidron said, "We are very pleased to have the FDA clearance to proceed. The upcoming trial is a major milestone for Oramed and we look forward to continuing to progress ORMD-0801's clinical development in the U.S." ORMD-0801 is an orally ingestible insulin capsule indicated for the early stages of type 2 diabetes, when it can still slow the rate of degeneration of the disease by providing additional insulin to the body and allowing pancreatic respite, the company said. Oramed is currently initiating Phase 2 clinical trials for the potential treatment under an investigational new drug application with the FDA.

Uni-Pixel, Inc. (UNXL) shares were lower by 19% amidst heavy trading volume into mid-afternoon trading on Friday after an article surfaced that investors should be wary of the supplier of touch screen technology. Uni-Pixel offers finger print resistant and hard coat protective cover films for various touch enabled devices. As of the close of trading Thursday, shares were up over 168% year to date.

Gold fell for the seventh straight session on Friday, facing its longest losing streak in four years and a decline over the past week of nearly 5%. On the trading session, gold for June delivery fell $13.30 or nearly 1% to $1,373.60 an ounce. The drop in gold is driven by a drop in investor sentiment. Investors appear to be moving gold investment funds into equities since equities have been seen rising to recent record highs. Also, investors are seen potentially investing in exchange-traded-products (ETPs) - investment vehicles that give investors exposure to the gold price through issuing securities backed by physical metal. ETPs have seen huge outflows since the start of 2013. New York's SPDR Gold Trust, as of Thursday, reported an outflow of nearly 5.7 tonnes, bringing the drop in its holdings this week to more than 10 tonnes. As of Friday, SPDR Gold Trust is lower by nearly 14% on the quarter.

University of Michigan/Thomson Reuters preliminary May reading of consumer sentiment index increased to a reading of 83.7, for its highest level since 2007. "In general, the LEI points to a continuing economic expansion with some upside potential," said Ataman Ozyildirim, economist at the Conference Board. LEI (leading economic index) tacked on a 0.6 percentage point gain to 95.0 in April. Led by housing permits, seven of the 10 components of the index expanded.


Milestone for Millennium-Traders, we are extremely proud to be one of the top 1% most viewed LinkedIn profiles for 2012.

One week trial to our Day Trading Rooms for stocks, futures, forex and options.

Live Stocks trading calls focus on NYSE, NASDAQ and AMEX.

Live Futures trading calls focus on YM, NQ, ES and TF.

Live Forex trading calls based on New York trading session focus on GBPUSD, USDCAD, USDJPY, EURUSD, GBPJPY, USDCHF, EURJPY, EURAUD, AUDJPY, CHFJPY, EURCAD, GBPCAD and AUDUSD.

Live Options Trading Room focus on CBOE.

Double Down Offers on Subscriptions... monthly rates as low as $75 per month plus, weekly subscriptions now available.

Free e-BOOK on Day Trading with confirmed subscription to our Free Weekly MarketNews newsletter.

Professional Training Programs available for stocks, futures, forex and options traders.

Detailed historic performance for all calls is available on our Market Commentary page.

Opt-in to our free Weekly MarketNews sent via email, first trading day of the week which includes recap of markets from previous week and what is ahead for the upcoming trading week.

Monthly Trading Lesson provides new trading subject every month.

Register now for our Free Chat Rooms - penny stocks, options, stocks, futures and forex! Chat with other traders any time, day or night, 24-hours a day.


May 17, 2013


Top of the page


   

Performance
Stocks Trading Room
Total for Year
Last Week
$70,240.00
$0.00
Futures Trading Room
Total for Year
Last Week
$85,270.50
$0.00
Forex Trading Room
Total for Year
Last Week
$251,937.90
$0.00
Options Trading Room
Total for Year
Last Week
$145,900.00
$0.00
empty
Total for Year
Last Week
$0.00
$0.00
News & Commentary

Forex Day Trading Room Performance for May 6, 2016

Futures Day Trading Room Performance for May 6, 2016

Forex Day Trading Room Performance for May 5, 2016

Futures Day Trading Room Performance for May 5, 2016

Stocks Day Trading Room Performance for May 5, 2016

Forex Day Trading Room Performance for May 4, 2016

Futures Day Trading Room Performance for May 4, 2016

Forex Day Trading Room Performance for May 3, 2016

Futures Day Trading Room Performance for May 3, 2016

Stocks Day Trading Room Performance for May 3, 2016


News & Commentary

Monthly Trading Lesson


RSS Feed...
subscribe by
clicking on above

Social Networks...
subscribe by
clicking Icons below