How To Articles

Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

It's all about tech today, and the Nasdaq looks set to take a big dip after hitting all-time highs on Monday.

Apple (AAPL, Tech30) and Microsoft (MSFT, Tech30) are weighing on the index after disappointing earnings late Tuesday.

1) Tech movers

Apple, Microsoft, Yahoo: Apple is set for a big drop at the open after it sold fewer iPhones than expected in the last quarter, and offered a weak outlook for the current three-month period. The stock was down 5% in premarket trading.

Microsoft is down about 4% premarket after the firm reported a huge quarterly loss, mostly due to an $8.4 billion write-down of its Nokia acquisition last year.

Shares in Yahoo (YHOO, Tech30) are also declining by about 2% ahead of the open after reporting earnings Tuesday.

This could pull the Nasdaq down by about 1% at the open.

U.S. stock futures show the Dow Jones industrial average and S&P 500 are also in negative territory, though the moves aren't as dramatic.

2) Other market movers

Chipotle, AT&T, DirecTV: Shares in Chipotle (CMG) could tumble at the open after the restaurant chain said growth had slowed dramatically in the past year. The chain's shares slid roughly 5% in extended trading.

Meanwhile, shares in AT&T (T, Tech30) and DirecTV (DTV) could move up a bit Wednesday after the chairman of the Federal Communications Commission said he is ready to give a thumbs up to their $49 billion merger.

3) Earnings

Another barrage of earnings reports are expected today. Among the companies reporting before the open are Coca-Cola (KO) and Boeing (BA).

American Express (AXP) and Qualcomm (QCOM, Tech30) are reporting after the close.

4) Economics

The National Association of Realtors will release monthly data on existing home sales at 10 a.m. ET. The association reported existing home sales in May were up 5.1%, with much of the gain due to demand from first-time home buyers.

At 10:30 a.m., the U.S. Energy Information Administration will release new data on crude oil inventories. Oil futures are trading around $50 per barrel, down 1.4%.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

What is it? Greek Parliament will vote to decide on a second package of prerequisites for further financial assistance, including tax increases on farmers.

When? Tentative

Trading Tip: This announcement can greatly affect the EUR so make sure to follow it!

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

What is it? It's among the primary tools the RBNZ uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions.

When?  At 5:00pm Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the NZD to rise.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

What is it? The rate decision is often priced in the market so it tends to be overshadowed by the RBNZ Rate Statement which is focused on the future. Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

When? At 5:00pm Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the NZD to rise.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

What is it? The vote is reported in an 'X-X-X' format - the first number is how many MPC members voted to increase interest rates, the second number is how many voted to decrease rates, and the third is how many voted to hold rates. The BOE's MPC meeting minutes contain the interest rate vote for each MPC member during the most recent meeting. The breakdown of votes provides insight into which members are changing their stance on interest rates and how close the committee is to enacting a rate change in the future.

When? At 4:30am Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the GBP to rise.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook: