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...







Priceline Sheds 100 Points
Priceline Sheds 100 Points

Priceline.com Inc. (PCLN) shares were literally hammered Wednesday, down almost 110 points, off by 15% into mid-afternoon trading, following the online travel company's disappointing Q3 profit outlook. The company reported late Tuesday that for its Q3 ending in September, it expects to earn between $11.10 and $12.10 a share, excluding one-time items. Reports from the company indicate economic conditions in Europe revolving around the ongoing euro crisis were the main reason for its forecast.

SodaStream (SODA) Israel-based maker of its namesake carbonated beverage machine, raised its 2012 outlook for the second time this year, creating a move of its shares to the upside by 3% into mid-afternoon trading on Wednesday. The company reported they now project revenue to grow 40% this year over 2011, with profit to increase 55%. Over the past 18 months, SodaStream has been making a strong push into the U.S. Investors maintain a very high short position at 49%, in the company.

After a government weekly report showed a larger-than-expected decline in crude-oil supplies on Wednesday, crude-oil futures held onto their gains on. Crude-oil futures reached their highest in more than two months extending an advance into a fourth session. On the New York Mercantile Exchange, crude-oil for September delivery (NMN:CLU2) rose 43 cents or 0.4%, to $94.07 a barrel. For the week ended August 3, the Energy Information Administration reported a decline of 3.7 million barrels of crude-oil. Gasoline supplies reported by the EIA were down 1.8 million barrels, and distillates retreated 700,000 barrels.

The Labor Department reported Wednesday that U.S. productivity rose at a modest 1.6% clip in Q2 with the output of goods and services rising much faster than the amount of time employees worked. The government also said output rose 2.0% in the April-to-June period, while hours worked increased at a slower 0.4% rate, sharply lower from a 3.2% gain in hours worked during Q1. Unit-labor costs slowed to a 1.7% increase from 5.6% during Q1. To match the Q1 gain after factoring out inflation, hourly wages rose 2.6%. Productivity slowed to a 0.2% increase from 5.5% in the first three months of 2012 in the manufacturing sector.

In the wake of several high-profile incidents, the Securities and Exchange Commission said it will be holding a roundtable on market technology next month. The SEC roundtable discussion set for September 14, will be focused on the design and control of all types of automated market systems. Last week, Knight Capital erroneously conducted several trades during a roll-out of technology that cost the firm $440 million.

The Federal Reserve on Wednesday is scheduled to buy long-dated Treasury securities for its stimulus plan that extends the average maturity of the U.S. government debt sitting on its balance sheet. The central bank aims to buy $1.5 billion to $2.0 billion in notes due between February 2036 and May 2042. Originally, Operation Twist stimulus program was set to end in June but, extended at the June policy meeting to year-end for the Fed to exchange an additional $267 billion in short-dated notes for longer-dated ones. The Fed aims to buy $44 billion and sell $38 billion this month in order to keep the Fed’s balance sheet size steady. The Fed hopes to push long-term borrowing costs lower for consumers and businesses to facilitate the economic recovery, by purchasing longer-term Treasurys.

A signal that the Bank of England could inject further stimulus in the coming months, the central bank cut its forecasts for growth and inflation in the U.K. economy. The central bank said in its quarterly inflation report, the damaging economic effects of the financial crisis could persist longer than previously thought, while inflation is likely to fall below target from mid-2013, remaining there for two years. The BOE said the biggest risk to any recovery comes from the euro zone and specifically, the danger that leaders will delay resolving the long-running fiscal crisis. The economy across the pond sank deeper into recession in Q2. Compared with the previous three months, output tumbled 0.7%, while on an annual basis it shrank 0.8%. BOE’s charts show rate setters think output will return to growth in annual terms, later this year and end 2012 at an annual growth rate of just under 1% with expected annual growth of just over 2% at the end of 2013 down, from a forecast in May of around 2.5%. Thanks to a fall in inflation, as well as the 'Funding for Lending' scheme introduced by the central bank and the government sees growth being supported by a rise in consumer spending. In Q3 of 2013, policy makers expect the annual rate of inflation to return to the BOE target of 2% and remain there until mid-2015. Forecasts are based on investor expectations that the BOE will cut its key interest rate which are currently at a record-low 0.5%, by Q2 of 2013, at the latest.


You can track the call performance of our moderators from inside our live Trading Rooms throughout the trading day by following us on Twitter.  Also join us on Facebook.

One week trial to our Day Trading Rooms for stocks, futures and forex plus, Weekly Swing Trades for stocks. Professional Training Programs available for stocks, futures and forex traders.

Stocks trading calls focus on NYSE, NASDAQ and AMEX. Futures trading calls focus on YM, NQ and ES. 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.

Detailed historic performance available on our Market Commentary section.

Monthly Trading Lesson provides new trading subject every month.

Opt-in to our free Weekly Market News sent via email, first trading day of the week. Includes recap of markets from previous week as well as active stocks plus, see what is ahead for the upcoming trading week.

Register now for our Free Chat Rooms - penny stocks, options, stocks, futures and forex! Chat with other traders during off-peak market hours.



Aug 8, 2012


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