Ambac Financial Group, Inc. (ABK) – Shares of Ambac Financial Group, Inc. are trading below the 10 day moving average located at $1.86 which is now starting to trend down. I expect SIRI to rise to $1.25-$1.30 in the coming months which is around a 10% gain from the $1.14 right now. I do believe it will eventually trade above and hold $5 within the next few months. The following is technical analysis on Financial Bull ( FAS ) for 4/2/09. Knowing the support and resistance levels of FAS will help you trade FAZ. All three major indices dropped more than 1% by market close on Monday, and the Dow fell 1.25% for its worst start to a year since 2016. Earlier in the session, both the S&P 500 and Dow had ticked up to record intraday levels before quickly paring gains. Clean Energy to Provide Natural Gas Fueling Services to SuperShuttle Shared-Ride Vans Operating at Major U.S. Advanced Micro Devices Inc. (AMD) – Shares of Advanced Micro Devices Inc need to hold $9.20 which is a major support level. Downside support is located $1.60. American Intl Group, Inc. (AIG) – Shares of American Intl Group, Inc. fell under the $40 support level and had a nice bounce.
American Intl Group, Inc. (AIG) – Shares of American Intl Group, Inc. continue to be very volatile. Ambac Financial Group, Inc. (ABK) – Shares of Ambac Financial Group, Inc. are trading back below the 10 day moving average located at $1.90 which is now starting to trend down. Bank of America Corp (BAC) – Shares of Bank of America Corp traded up near $18 on Wednesday but then pulled back later in the trading day. Dendreon Corp (DNDN) – Shares of Dendreon Corp were halted after the company received FDA Approval for It’s prostate cancer drug. Stewart Information Services Corp. Potential investors have an opportunity to place trades and then add addtional information to the trade to let the system know when to sell the position just in case the trade goes south. I took a long position in Bank of America today because of the correction below $18. Small Cap Banks – The the boutiquemarket took a nose dive on Tuesday because of a Greek debt downgrade but I continue to watch the following small bank stocks for trading opportunities. Caterpillar Inc. (CAT) – Shares of Caterpillar Inc. pulled back with the stock market on Tuesday.
I plan to add to my position when the stock closes back above It’s 10 day moving average. Many traders will practice taking away from their position once a given level is hit. Netflix, Inc. (NFLX) – Shares of Netflix, Inc. hit another 52 week high on Monday. Netflix, Inc. (NFLX) – Shares of Netflix, Inc. hit are now trading below $100 and are soon a buy. Going forward, resistance is now located at $7.40 as well as $8.00. Alcoa, Inc. (AA) – Shares of Alcoa, Inc. closed above the $13.90 resistance level on Wednesday which is very bullish for the future of this stock. After $14.54, the next resistance area is located between $15.50-$16. Citigroup Inc (C:NYSE) – Citigroup stock was upgraded by Bank of America on Friday. It has a strong national presence, but still serves less than 20% of the nursing homes in America. Apple Inc (AAPL) – AAPL bounced back on Friday but still trades below the 10 day moving average. At this point, I want to avoid the stock until it gets back above this level. At this point, I want to avoid the stock unless it gets back above this level. Daily Finan. Bull 3X Shs(ETF)(FAS) – FAS is back above $100 but is very shakey!