Daily Market Review

"Wednesday"

I want to welcome you to my free newsletter service. I send out a Daily Market Recap and a Weekly Market Recap. I also send many company profiles for investment consideration but the choice is ultimately yours to buy, trade, hold or sell a security mentioned. Do your due diligence and then do more due diligence making prudent investment choices. I will seldom write telling someone what to buy or when to sell what was bought. Those choices are your own.

Thank you,

Harold Engel

WATCH FOR OUR NEW COMPANY PROFILE

TONIGHT!

Gmail Subscribers: Because of constraints by my email service some profiles will be sent in text format only with a link to a main company profile. HTML emails for Gmail subscribers are experiencing reading troubles. I recommend Gmal subscribers to accept text format email alerts only from our service.

Harold

2010 is Just Starting to Get Exciting.

Not all profiled companies zoom to the moon! I am looking for companies with some reason to send the profile to my subscribers. You are about to start receiving many company stocks for investment consideration.

Our profiled companies have excellent growth potential. It's hard to find these companies that want shareholders to build their shareholder base.  "Shareholders Wanted" company image marketing First Alert Reports.

Readers,

Today's market action was needed to stabilize a support level for the next major move higher. I remain cautiously optimistic that March could be a reversal month to the high side. Normally March experiences a major correction but with such depressed market prices there is a lot of room higher for all the markets.

Support at the 13 day ma with a cross through the 50 day ma held strong at the open as the markets moved higher off support. Today's action was key setting up for another leg higher. The Stochastic, lagging indicator, is slowly coming down off Tuesday's correction. The MACD is holding ready to make the move higher through the 0.0 line which will trigger a short term buy signal. I am watch diligently for key move higher in March. Stay alert and protect your wealth

Thank you,

Harold

Tuesday's Comments

Today was a perfect day allowing the Stochastic Indicator to start settling lower possible setting up for a March reversal into a higher market. Consumer confidence numbers were lower upsetting the market today but the economy is still beginning a growth phase that is evident regardless of lower consumer confidence numbers.

Tomorrow we have Fed comments so the market should remain jiggy for the rest of the week. Ideally the churning markets will allow the Stochastic to move lower. The MACD can correct slightly, wont hurt it more then it already was last correction. The Chart shows the 13 day ma attempting to cross through the 50 day ma. The bar indicator is resting on a key area that needs to hold. The next move higher needs to show a higher top which would be a bullish set up for a 1st Q earnings report market move higher sometime in April. I remain cautiously optimistic about the long term future of all the markets.

Dollar Up Stock Market Down

DON'T BUY ON MARGIN!

Mark Twain wrote many years ago,

"Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great."

Thomas Edison wrote,

 "Many of life's failures are men who did not realize how close they were to success when they gave up."

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