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  • Michael Lee
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  • August . August 2012 . Business . Gold as an investment . Investing . Precious metal . Price level . Support and resistance .

The $1,650.00 price level has proven to be a significant one for gold over the past year. In the summer months of 2012, while below this price level, the precious metal found strong resistance at this level, failing to break above it until late August, 2012. But since climbing above $1,650.00 last August gold has, once again, used this level as strong support. The precious metal has flirted with this support level a few times in the past two months…

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  • Michael Lee
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  • AT&T . EXEL . Exelixis . MACD . Pepco Holdings . Price . Support and resistance . Trade .

Buy POM, preferably between $18.95 and $19.05. Initial profit target @ 4% above purchase price. Protect from loss @ up-trending support floor (light blue line on graph). Pepco Holdings, Inc. (POM) is trading just above up-trending support, offering a good entry point. Fundamentally, the company is strong and appears slightly undervalued. Stochastic and MACD on both daily and weekly charts look to be turning upward, showing signs of a coming climb. If POM falls below up-trending support (mentioned above; currently…

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  • Michael Lee
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  • Apple . General Dynamics . goog . Google . MACD . Stock . Support and resistance . Technical analysis .

The direction and stability of the market is still very dependent upon "fiscal cliff" talks within the government.  Though the market has shown a bit of stability recently, staying in cash to avoid unnecessary risk is a wise, conservative play.  Please invest with extreme caution. Buy XOM: Exxon Mobil Corporation Profit target @ $92.00 or use a 7% trailing stop (see Strategy page). Protect from loss @ $86.00 or use trailing stop (mentioned above). Exxon Mobil (XOM) has pulled back to its…

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  • Michael Lee
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  • Apple . Business . ExxonMobil . goog . Google . June . MACD . Support and resistance .

The direction and stability of the market is still very dependent upon "fiscal cliff" talks within the government.  Though the market has shown a bit of stability recently, staying in cash to avoid unnecessary risk is a wise, conservative play.  Please invest with extreme caution. Buy GOOG, preferably between $669.00 and $670.00. Initial profit target @ 4% above purchase price. Protect from loss @ up-trending support floor (light blue line on graph). Since dipping down to near $550.00 in June,…

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  • Michael Lee
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  • DJIA . Dow Jones Industrial Average . Exchange-traded fund . Level . May . October 2008 . S&P 500 . Support and resistance .

Since the election, all major indexes have turned sharply downward on the back of unresolved "fiscal cliff" issues. The S&P 500 and the Dow Jones Industrial Average are now approaching areas of significant support, leaving many investors on edge. The S&P 500 is trading near support around 1,300. It was a fall through this support level that ignited the further crash in October, 2008. Since that crash, the S&P 500 managed to climb back to this significant 1,300 level in…

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  • Michael Lee
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  • AT&T . Business . DirecTV . Investing . MACD . Stochastic . Stocks and Bonds . Support and resistance .

Please be aware that it was around this time last Presidential election year that stocks plummeted sharply.  In an attempt to minimize unnecessary risk, I suggest staying in cash until after the elections.  Any and all picks listed below are intended for experienced traders as speculation only. Buy T, preferably between $34.50 and $35.00. Initial profit target @ 3.5% above purchase price. Protect from loss @ up-trending support floor (light blue line on graph) AT&T, Inc. is trading just above…

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  • Michael Lee
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  • Apple . AT&T . Closed-end fund . LCC . MACD . National Youth Music Theatre . NYMT . Real estate investment trust . Stochastic . Stock . Support and resistance . Trade . US Airways Group .

Post election jitters and "fiscal cliff" fears are resulting in increased market volatility.  I still suggest staying in cash until markets show significant signs of stability.  Any and all picks listed below are intended as speculation only. Buy PEB: Pebblebrook Hotel Trust Profit target @ $24.00 or use a 6% trailing stop (see Strategy page). Protect from loss @ $20.50 or use trailing stop (mentioned above). Pebblebrook Hotel Trust (PEB), a real estate investment trust (REIT) is trading just above strong support…

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  • Michael Lee
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  • aapl . Apple . Business . Investing . MACD . Support and resistance . Trade . Vishay Intertechnology .

Please be aware that it was around this time last Presidential election year that stocks plummeted sharply.  In an attempt to minimize unnecessary risk, I suggest staying in cash until after the elections.  Any and all picks listed below are intended for experienced traders as speculation only. Buy AAPL, preferably between $600.00 and $610.00. Initial profit target @ 5% above purchase price. Protect from loss @ $600.00. Apple, Inc. (AAPL) has struggled recently with poor earnings, a slashed outlook for…

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  • Michael Lee
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  • aapl . Apple . Business . IPhone . MACD . NetApp . NTAP . Support and resistance .

Please be aware that the markets have been teetering along a significant resistance level and may continue to experience a downward correction in the weeks/months to come.  As always, check futures / pre-markets before entering positions. Buy AAPL, preferably between $625.00 and $641.00. Initial profit target @ 4% above purchase price. Protect from loss @ up-trending support floor (light blue line on graph). Apple, Inc. (AAPL) has dropped sharply recently but looks to be consolidating near up-trending support.  Fundamentally, of…

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  • Michael Lee
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  • Business . Cisco Systems . Commodities and Futures . Investing . MACD . NetApp . NTAP . Staples . Support and resistance .

WLT (from Oct 8) up 5.77% today (Oct 9).  Nice work to those who took quick gains. Please be aware that the markets have been teetering along a significant resistance level and may continue to experience a downward correction in the weeks/months to come.  As always, check futures / pre-markets before entering positions. Buy AEE, preferably between $32.50 and $32.85. Initial profit target @ 3.5% above purchase price. Protect from loss @ $32.50. Ameren Corporation (AEE) recently broke above resistance…

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