Citigroup (C) - Quick Takes Pro Chart of the Day

[Blaine Tarr]

http://antichartjunk.com/2012/04/09/...g-vs-gambling/

March 9, 2012:

"I have been observing StockTwits and Twitter as it relates to trading for about a year and a half now and I would like to relay some of my observations, perhaps very obvious to some. I think it is crucial to first off describe the differences of investing vs. trading vs. gambling. The investor is someone who typically seeks out an edge through value with a longer time frame. An investor might invest in diversified ETFs or mutual funds and such stocks as BAC, JPM, GE, XOM, and PG. The trader is someone who typically seeks out an edge through growth with a shorter time frame (note that the goal of many traders is to be in a strong growth stock for a longer time frame as huge gains can be made, but in general the time frame is shorter). A trader might trade such stocks as AAPL, ALXN, PCLN, MA, and SBUX. A gambler is someone who has no edge who relies on luck in the short-term while in a longer time frame will always lose money. Though some believe that investing is a more of a gamble, like Jesse Livermore who states that investors ?make a bet, stay with it, and if it goes wrong, they lose it all,? I believe investing has its place, such as investing in diversified low-cost ETFs in retirement accounts which require peace of mind and inherent longer time frames. Clearly it is possible to trade in one account and invest in another (and even gamble in a third!). Regardless, a trade that is made without an edge (such as beyond a pivot point or clear breakout on poor quality stocks or even top quality stocks in a poor acting market or without increased volume) is a gamble. I believe this unique commitment and patience required for succesful trading makes investing better for 90% of individuals.

So how does this apply to StockTwits and Twitter? What I have observed are naive users who seek out tips on these services (and even CNBC which routinely features unaccountables who provide advice with no indication of their own strategy) on when to buy and sell stocks not knowing the other user?s time frame, risk tolerance, entry point, sell rules, goals, overall strategy etc. It seems that these lemmings desire some sort of human confirmation before acting. These users who are clearly blindly following others and high-flying extended stocks show up in droves in an uptrend but disappear when the overall market changes, probably along with their portfolio. These users do not understand the behavior of the stocks they are entering and do not have their own clear strategy. A study of INVN on StockTwits is a fascinating study as many users were clearly following others who were making purchases on a pure guess that a low was set and then selling at a lose as it fell through its 50-day moving average. The fact that these users sold reveals that they are traders, albeit gambling traders. A simple study of INVN?s volume showed a purchase at this second bounce from the 50-day moving average lacked any sort of trader?s edge and therefore was and still remains a gamble for the trader. It remains debatable on whether INVN currently has an investor?s edge.

Long story short, obviously someone who partakes in the market must clearly understand their own strategy (write it down!). My suggestion for those who use StockTwits and Twitter for market purposes is to seek out other user?s who clearly have the same methodology and ignore the lemmings. It is the investor or trader who avoids gambling by remaining true to a strategy, whether that is the methodology of Livermore, Darvis, or O?Neil or not, that is most succesful."

[Blaine Tarr]

I was told by TC to keep an eye on this one... hobo as well.

[Blaine Tarr]

April 10, 2012 - ITT (ITT)

[Blaine Tarr]

How to Boost Your Returns With ONE Secret ETF Strategy"

Free Webinar Recorded on Tuesday, December 3rd at 8:00 PM EST (New York Time)

In this free online class John Carter will share with you:

A Powerful Simple Strategy for Trading Options on ETFs
The SAFE Levels to Take Risk
The Very Best ETFs to use
Which ETFs You Have to Avoid Like the Plague
And much more...

[Blaine Tarr]

There are 9 reasons why you SHOULD trade options on ETFs...and they're in this video...

9 Reasons to trade Options on ETFs

You'll learn from John Carter...

Why ETFs are his BEST Instrument for Options Trading
How he wires 34k from his Trading, to his Personal Account
Why ETF Options are untouchable by Market Makers
And a LOT more...

[Blaine Tarr]

This video PROVES it

Legendary trader John Carter had a pretty good day recently... where he recorded live his 223k trading day! This was recorded in his REAL money accounts...

97k on Apple
93k on Google
104k on Priceline

AND YOU CAN WATCH IT HERE

John will show you exactly how he traded the above trades, what he did right, what he did wrong, and what YOU can do to trade like this. And he points out what a 'small account' really is and how the overall goal is to have an income source by growing it to big account!

[Blaine Tarr]

Just Released: 50 top movers in 2013

MarketClub.com has been in the business of trend following for decades, and they are happy to announce that you can take a look at Today's Top 50 Trending Stocks now...for free! This dynamic report is a list of market movers that can make a difference in your portfolio for 2013.

It costs you nothing, and it could be the game changer you have been looking for.

It's time you started trading like the smart money, get started today for free!

[Blaine Tarr]

See how your picks stack up against other posters - join our weekly stock picking contest. Your win will be registered under your username and everyone will know about your stock picking talents.

[Blaine Tarr]

Barchart.com's Chart of the Day - Las Vegas Sands (LVS) for Apr 10, 2012

The "Chart of the Day" is Las Vegas Sands (LVS), which showed up on Monday's Barchart "52-Week High" list. LVS on Monday posted a new 3-2/3 year high of $60.85 and closed up 3.17%. TrendSpotter has been Long since March 13 at $56.16. In recent news on the stock, Bloomberg reported on March 29 that Sands China will open its fourth Macao casino next month. Lazard on March 27 reiterated its Buy rating on Las Vegas Sands and raised its target to $70 from $58. Las Vegas Sands (LVS), with a market cap of $42 billion, is a hotel, gaming, and retail mall company headquartered in Las Vegas, Nevada. The company owns The Venetian Resort Hotel Casino, the Sands Expo and Convention Center, Venetian Interactive, an internet based venture, and Venetian Macao Limited, a developer of multiple casino hotel resort properties in The People's Republic of China's Special Administrative Region of Macao.

[Blaine Tarr]

I want to buy GRPN 14-13$ i think this is like half off the stock i personnely use it think its great? i think will bounce up just give it some time ?