Stock Picks and Trade Ideas for Friday - CIEN, A, FSLR,

Chart courtesy of www.stockcharts.com ( click to enlarge )
FSLR - Technically, the chart shows a bearish picture for stock with MACD and KD showing weak signal as MACD is below 0 and K line is dropping below D line. Although the Stochastic is clearly oversold, we all know that an oversold indicator, especially the Stochastic within a bearish probability can be misleading. The stock has a strong support in the psychological level of 100, but any close below this level could start a new sell off.
Chart courtesy of www.stockcharts.com ( click to enlarge )

The short bullish momentum of CIEN continued today. The stock topped at 6.14 and closed at 5.73, up 0.28 cents (+5.14%) on volume of 4.32M, above the average . My long target at 6 was reached, however my model remains long, targeting 6.70 ( 50 dma ). Immediate support is seen at 5.53 area. CCI heading up towards -100 line on daily chart.


Chart courtesy of www.stockcharts.com ( click to enlarge )
A - The stock is in a bearish trading condition. The fall in the stock has been extended by the violation of the support line at $14.76 and as long as the stock trades below this line stay bearish, this bearish trading condition will prevail. Fresh investments in this stock are recommended only on a daily close above 15.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That’s all Folks. See you tomorrow.

AC

New survey: The Teaching Role: Experiences of Canada’s Library Staff

As posted to the CALL-L and various other listservs, Heidi Julien from the School of Library and Information Studies at the University of Alberta is doing a study entitled “The Teaching Role: Experiences of Canada’s Library Staff”. The study is funded by the Social Sciences and Humanities Research Council of Canada.

From the blurb:

Do you work in a library in Canada? Are you involved in information literacy instruction or customer training at your library? If you answered yes to both these questions, you are invited to participate in a Canadian survey exploring the experiences of library staff as instructors/trainers. Please consider contributing to this survey. It will take approximately 10 minutes to complete, and your experiences will make an important contribution to knowledge. If you are interested in learning more about this study or if you wish to participate please follow this link:

https://surveys.aict.ualberta.ca/tsqs/rws4.pl?FORM=lib

I’m not sure I know a law librarian or tech that hasn’t dealt with training in some capacity: new research products, orientations & tours for new staff, etc. So not that big a big stretch we could take this survey, right? :)

The engine of the European economy is breaking down

Unemployment in Germany rose for the fourth consecutive month. Only in February more than 40 thousand people were without work, bringing, thus, to 3.31 million the number of unemployed in the country. The fall in exports and the severe recession that is reaching the country has led companies across the country to cut another 40 thousand jobs just in February. The unemployment rate reached 7.9%, according to data from the German Labour Agency.
Germany is experiencing a serious economic crisis. The International Monetary Fund estimates that the economy will contract 2.5% in 2009 and that unemployment will continue to increase. Some companies in the country are reducing working hours, before cutting the jobs after the government announced that it would cover the costs of social security for companies that put workers in part-time. The percentage of German companies that reduce jobs increased from 18% in October, to 30% in January, according to a study by the chamber of commerce and industry DIHK. Europe is definitely in state of alert. The engine of the European economy is breaking down.

AC

Stock Picks and Trade Ideas for Thursday - AAPL, RIMM, GS

Chart courtesy of www.stockcharts.com ( click to enlarge )

GS had a volatile movement today. The stock attempted to push higher, topped at 93.50 before whipsawed to the downside, bottomed at 87.30 and closed at 89.92. On the daily chart we can see that the stock is now challenge the trend line resistance. I still have a bullish probability due to the fact that the daily chart trend is still bullish but the current trend needs to be violated and confirmed first. 98.66 should be the major resistance as it reflects the bullish resistance line. Remember that if 81.90 ( 50 dma ) is violated to the downside we will have a fresh bearish trading condition.
Chart courtesy of www.stockcharts.com ( click to enlarge )

RIMM - Good base building around 37. The stock is still in a weak market with MACD still below 0. If the stock can hold the support at $37.19 we may see another short rally to 43.50. With K line still on top of D line, the rally might start soon, depending on the markets mood.


Chart courtesy of www.stockcharts.com ( click to enlarge )

AAPL - The stock failed to continued it’s bearish scenario today. The stock topped at 92.92 and closed at 91.16. On the daily chart we can see the short term bearish trend line has been violated to the upside. The bias is now bullish in nearest term but remains neutral in medium term. With KD rising we could see possible rally coming for the stock. Let’s keep an eye on AAPL as i think momentum will pick up.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That’s all Folks. See you tomorrow.

AC

The strange case of the disappearance of the pick-up

This video shows how fragile our every day habits are. Every day we drive so we are aware of how routine may turn habits into serious and dangerous consequences when one of those routines is neglected. That is exactly wat happened to this guy when he went to the convenience store for a few seconds, he thought he had pulled the handbrake, not making sure that he had. Minutes later after leaving the store he found the pick-up had disappeared. First reaction was to call the cops to report the pick-up had been stolen. Only a few hours later when watching the video did he realise he had forgotten to do something … apply the handbrake.
AC

Bulls Eye on Libraries in Bad Economy

Libraries of all sorts are under attack in our present economy. I think we’ve all known for years that when the going gets rough, Library services pay the price, but several recent events seem almost unprecedented. Consider:

I don’t even care to guess what’s happening to our friends in the public library sector. They were under tight guard before the economy tanked. I’m also not sure I find comfort in the fact other professions are facing similar problems.

Unfortunately in tight times, deadwood gets cleared. It’s almost an excuse for decision makers to remove elements of the system they don’t value or respect. That’s not to say that all organizations are like the WSJ, but that’s what Librarians & Library Techs are up against.

If there’s ever been a point in time when clarity of library services must be addressed, it’s now. Putting your skills to use outside of libraries is another option, and obviously the direction I’ve chosen personally; however, if you’re staying to fight, and especially when you do have an employer that values your work — I would say now is the time to re-prove your value. Even if it means re-inventing your services.

2009 is going to be a bad period for Libraries - all types of libraries. And not just because of the economy, but because some employers see our services (and profession for that matter) as deadwood. We can hold our breath for a library bailout, or… we can fire ourselves up and do something at a micro level.

My suggestion? Start today, because tomorrow just might bring a pink slip.

Announcing the Native Client Security Contest

Exploits, bugs, vulnerabilities, security holes — for most programmers these terms are synonymous with fire drills and coding all-nighters. However, for the next 10 weeks, the Native Client team is inviting you to bring them on! We’re challenging you to find security exploits in Native Client. Sign up today for the Native Client Security Contest, you could win up to $ 213 , as well as recognition from renowned security researchers.

Before getting started, you must complete the registration process for yourself or your team. Then, you can grab the latest build of Native Client, attack it to find security holes, and submit the ones you discover. You get credit for bugs that your team reports first. If another contestant submits a vulnerability before you, or we publish a fix before you report it, well then… you’ll have to keep looking!

At the end of the contest, all entries will be reviewed by a panel of academic experts, chaired by Edward Felten of Princeton University. They will select the five eligible entries with the most high-impact bugs, and these winners will receive cash prizes, as well as earn bragging rights. For more details, please review the contest’s terms and conditions.

Registration is now open and the contest will run until May 5th. Sign up today to start reporting exploits as soon as possible.

Happy bug hunting!

Stock Picks and Trade Ideas for Wednesday - Amazon and Rambus

Chart courtesy of www.stockcharts.com ( click to enlarge )

RMBS closed at $9.38 and was the strongest stock on Tuesday. Rambus is the frequent subject of patent infringement & anti-trust claim issues. Hynix Semiconductor, Samsung Electronics, Micron Tech have had patent infringement suits with Rambus. The stock has crossed its medium term resistance at $7.90 ( 20 EMA ) with strong volume. The technical daily chart shows the stock is back to a new rally as K line has just crossed on top over D line and RSI is also increasing after hitting oversold levels. The MACD indicator is above its signal line and is indicating further strength. The -DI has cut below the +DI line, this implies that uptrend will most likely continue. Please be aware that Rambus is the kind of stock that the share price depends in part of the news that comes to the market, causing generally large fluctuations in the share, so be careful if you’re not familiar with the stock.
Chart courtesy of www.stockcharts.com ( click to enlarge )
AMZN - From the chart above, we can see that the stock has found a nice support around the $61 level. The stock is probably back to uptrend and with KD rising we could see possible rally coming for the stock. The short-term targets for the stock are $67.36 and then $73.12. Short-term investors can buy with a stop at $61.09 and long-term investors can hold with a stop at $55.48. Let’s keep an eye on her as i think momentum will pick up.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That’s all Folks. See you tomorrow.

AC

Another Financial crisis in the banking sector is about to happen

Dominique Strauss-Khan, admitted in an interview published yesterday by the French newspaper Les Echos, “which may be a second shock in the banking sector due to the deterioration of the economy, a hypothesis that circulated in the floors of the banks at the end of last year. “Yes, it is possible a second-order effect,” it said in the journal. After have revised down their growth forecasts for the world economy this year ( from 2.2% to 0.5% ), the director of the International Monetary Fund (IMF) warned again that the numbers that have been known since then “are not good” and that the final estimate may be zero. The advanced countries are the most punished with a recession around 2%. “The next estimate of the IMF, scheduled for in three months, may close to zero,” said the person responsible. Strauss-Khan believes that the early recovery of the global economy might happen in 2010. Looking closely at the market, investors are probably anticipating this new shock because the fiancial sector over this week has been affected by a new wave selling pressure. According to Bloomberg, the titles of the financial sector are negotiating the lowest prices since 1995, but not that encourages investors to buy.
AC

Better Trades

Every day new people come to the web to learn more about the financial markets and find interesting and useful articles to gain some experience. There are a lot of resources on the web to become a better trader, and some of them can be easily found in the blogosphere and through different financial sites. Bettertrades is one of my favorite and recommended places to learn with the professionals.

They offer a series of trading seminars and classes that teach you how to invest your money. They don’t invest the money for you; they teach you how to do it. This isn’t one of those day trading deals, either; BetterTrades teaches short-term, medium-term and long-term strategies though its investment tutorial.

BetterTrades shows you the safest way to trade, too. The BetterTrades Coaches consist of a roster of experienced traders, such as the founder, Freddie Rick, who is a self-taught options expert. If you want to learn more, you can check out their About BetterTrades page. Bettertrades is definitely one of my resources, from now on can be yours too.