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Sunday Update for Week of 8/6 – Airline Multi-Timeframe Bollinger Bands (R)

A prepared trader is a profitable trader, and Sunday is a great day to get ready for the week. One way to do that is checking out one of the most powerful features on TrendSpider, Multi-Time Frame Bollinger Band (R) Analysis. This week we are focusing on the airline industry as there have been some big post ER moves to watch!
Below are three key airline stocks representing parts of the broad markets that we have analyzed and identified interesting trendline/Bollinger Band (R) setups. Based on the current charts, we are watching for a short-term reversal possible in the coming weeks.

Penny Stock Alerts: A Cautious Look

If you’re a trader with an email address, especially if you have signed up to any alert mailing lists, you have likely seen endless services advertising penny stock alerts. They all make claims of amazing profits and minimal risks, but is penny stock trading really the holy grail you have been looking for? Well, penny stocks are not a holy grail, but they can provide many great lessons on how to deal with greed and a consistent system of taking profits and minimizing losses. The first thing to learn before anything though is the fact that there are many penny stock alert scams around and you really need to be careful when looking for a way into this kind of trading. The question is, how can you tell if penny stock alerts are real or just another scam? We are going to show you how to avoid the scams and make the most of the penny stock opportunity.