Active Investor Newsletter and 2 Trade Signals for the week of October 27, 2014

Hello Traders,

It is nice to be back after a 4 week European Trading Tour. I met so many wonderful traders that truly enriched my life and I realized that there are so many people interested in trading the markets whether it is Stocks, Forex or Futures and love to embrace this wonderful source of income and wealth.

For members of the program: your subscriptions will restart staring tomorrow and you will not be charged for the time I have been away.

Thank you for your patience !

Let the games begin!

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QUOTE OF THE WEEK

“For every failure, there's an alternative course of action. You just have to find it. When you come to a roadblock, take a detour.” Mary Kay Ash

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Live Market Strategy Session Tuesday October 28, 2014 from 10:00 AM EST

For Members Only

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MARKET OVERVIEW

Earnings were the story of the week as positive corporate results propelled equities higher. Economic data was mixed but remains on a slow upward grind as modest growth helps stocks. This was the first positive week for stocks in over a month and the momentum could carry into the end of the year. The week started off well despite lackluster earnings from the tech bellwether IBM. Strong gains on Tuesday were on the back of upbeat earnings from Apple and reports that the European Central Bank was considering buying corporate bonds. Equities fell sharply at mid-week after a shooting at the Canadian Parliament and falling oil prices. Markets shot higher into the end of the week as positive quarterly earnings from Blue Chip companies put more bids in stocks.

TECHNICAL LEVELS AND ANALYSIS OF MAJOR MARKET INDICES

QQQ:

- Bias: Continuation of the current uptrend although it is now trading into a congestion area up to $100.56 (prior high set on 9/22

- Support Levels: $90.24

- Resistance: 100.56

- Congestion area from $96.00 to $100.56

Daily Chart of QQQ below:

SPY:

- Bias: Continuation of the current uptrend

- Support levels: $181.92

- Resistance: $197.60, 201.90

Daily Chart of SPY below:

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TRADE ALERTS (2 trade alerts for Monday)

RFMD long over $10.80, soft stop under $10.24, targets: $11.10, $11.50, $12.00, 12.15, $12.46, $12.90

Our entry will be based on a daily range break as you can see from the chart below. We will be interested on a break over 10.80 area of resistance and we will place a stop below support at $10.24 area.

Also on watch a strong candidate for a pattern continuation for the rest of the year if the market will continue to ride higher is BRCM

BRCM long over $40.00, soft stop under $39.00, targets: 40.50, $41.00, $41.65

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Major Economic Events this week:

Monday:

10:00 am Pending Home Sales

Tuesday:

FOMC Meeting Begins

10:00 am Consumer Confidence

Wednesday:

10:30 am Oil Inventories

2:00 pmFOMC Meeting Announcement

Thursday:

Chain Store Sales

8:30 am Weekly Jobless Claims

8:30 am GDP

10:30 am Natural Gas Inventories

1:00 pm 7-year Note Auction Results

Friday:

8:30 am Personal Income & Outlays

8:30 am Employment Cost Index

9:45 am Chicago PMI

9:55 am Consumer Sentiment

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Major Earnings Reports for this week:

Monday:

A.M. - BKW, CAJ, MRK, STX, TEN

P.M. - AMGN, BWLD, CLF, CROX, GGP, HIG, MTW, TMUS, TWTR, VRTS

Tuesday:

A.M. - AMTD, AET, AGN, AN, BP, COH, CNX, DD, FCX, GLW, PFE, SHW, HOT, UBS, WHR, WYNN

P.M.- AFL, APC, CHRW, EA, ESRX, FB, GILD, MAR, PNRA, WDC, X

Wednesday:

A.M. - ETN, EXC, GRMN, HSY, HES, H, RL, SODA, SO, WM, WLP

P.M. - AKAM, ALL, ATML, BIDU, KRFT, MET, SPWR, TRLA, V, WMB

Thursday:

A.M. - CAH, CI, CME, GG, K, MGM, MO, MOS, S, TWC, WWE

P.M. - EXPE, FSLR, FLR, GPRO, GRPN, LNKD, MYL, NEM, SBUX, TSO

Friday:

A.M. - AON, BUD, CBOE, CVX, CLX, D, SNE, WY, XOM

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Please feel free to send any comments to info@TradeOutLoud.com

Remember as always that you should not risk your own money unless you understand and are comfortable with the position and you have a full understanding of the risks of trading securities.

Good trading everyone, and watch for the Active Investor Alerts throughout the week....

Anka Metcalf

President

TradeOutLoud

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ALL information and materials provided by TradeOutLoud.com, division of Synergistic Financial Solutions LLC are for EDUCATIONAL PURPOSE ONLY and should not be construed as investment advice regarding the purchase or sale of securities, options, futures, forex, or any other financial instrument of any kind. Trading involves high level of risk, and may not be suitable for all investors. Before deciding to trade, you should carefully consider your objectives, level of experience, and risk appetite. Past results are not indicative of future returns. Synergistic Financial Solutions LLC websites, its subsidiaries and all "affiliated" individuals assume no responsibilities for your trading and investment results. Individual performance depends upon each person's skills, time commitment, and effort. Results may not be typical and individual results will vary. You must do your own research and make your own trading decisions. We are not registered or licensed, if you feel the need to seek advice consult your financial adviser.

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Posted to Active Investor Signal Prog… on Oct 26, 2014 — 5:10 PM
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