Hot Stock Profiles

China crash?  Why not.  If that’s the case then ProShares UltraShort FTSE/Xinhua China 25
(NYSE:FXP) is your friend.

BusinessWeek wrote this week that investors could be going down to Chinatown in their piece titled Preparing for the (Possible) China Crash.

Moral of the story: While a big slowdown would hurt Chinese the most, collateral damage would still be huge.

Over the past 12 months ProShares UltraShort FTSE China 25 (FXP) shares have traded between $24.60 and its 52-week high of $41.13. The FXP is near the bottom of its range, now 14.79% from its 52-week low closing Friday at $28.87.

WHY THE FXP?
BusinessWeek | Dexter Roberts
Moody’s Investors Service (MCO), the credit ratings agency, says China has underestimated by half a trillion dollars the exposure of state-owned banks’ loan portfolios to local governments. Despi

Read more…

Monday: Earnings come faster and furiouser this week. Halliburton, Wynn, IBM and Hasbro tell us how things are rolling. On the economic front, the National Association of Home Builders tells us that the housing market still stinks.

Tuesday: Sexy tech earnings (Apple!) compete with dour financial earnings (Bank of America, Wells Fargo, Goldman Sachs, Bank of New York Mellon, Keycorp) for our attention. Others reporting include: Johnson & Johnson, Harley-Davidson, CSX, Yahoo! and Chipotle Group. Economic news includes Housing Starts and Building Permits. In other words, more cheery home-front news.

Wednesday: More tech — Intel, Ebay, Xylinx, Qualcomm — but still plenty of finance, including American Express, PNC and U.S. Bancorp. Altria, Abbott and United Technologies also report. Smoke ‘em if you got ‘em. Economi

Read more…

15-Jul-11 15:00 ET Dow -6.36 at 12430.76, Nasdaq +11.48 at 2774.30, S&P +1.25 at 1310.12 The major indices trade mixed as the Nasdaq continues to set the pace with a gain of 0.5%.

Thermal imaging company FLIR Systems (FLIR $28.89, -3.22) is lower by 10% today after issuing downside guidance following yesterday’s closing bell. The company expects to post revenues of approximately $390 million vs. $410.3 million Capital IQ Consensus Estimates and EPS of approximately $0.35, excluding items, versus the $0.39 consensus. Results for the company’s Commercial Systems division remained strong, while continued weak demand in the Government Systems division negatively impacted results for the quarter.  

• Recommend on Google

Finding a logical reason that your trades should work is the first step in coming up with a market beating strategy. After that, testing is required to be certain your idea actually works in the market because, in the end, markets are driven by emotions and logic will sometimes fail in the face of that.

You can test any idea with a software package, and many easy to use tools are commercially available. Most will require an investment in both time and money. Required programming skills will vary with the product selected. Some require a great deal of those skills while others rely on plain English to create strategies.

Read more…