August Jobs Report - August nonfarm Payrolls - Unemployment report

August Jobs - Nonfarm payrolls were down 84,000

August Unemployement Rate falls to 6.1%

August average hourly earnings $18.14

BIDU - Baidu.com stock analysis 8/29/08 - BIDU technical analysis stock chart 8/29/08

BIDU has continued to report blow out earnings and the company expects baidu.jp to start recording revenue by the end of 2008. $300 is your major support level here...a close below this and I will be getting out and waiting. $330 is resistance from the high this week, followed by $343.97 and $353.37. Once $330 is closed above, I think $300 will hold going forward into the end of the year. Bidu has the potential to have a huge breakout period into 2009. Watch $330 and $300 closely!!

AAPL - Apple Stock Analysis 8/29/08 - AAPL technical analysis August 29th, 2008

Apple (AAPL) in the short term has support at $171.81 and the $170 level. What your really looking for is a close over two key resistance points of $180.45 and the $183 level....if these levels can be cleared....you could see $190's quickly as traders pile in on the long side. A close above $193 would start a new uptrend and new highs would be ahead. Pullbacks to the 200 day moving average should be bought!

( COIN ) Converted Organics - Breakout Stock 8/26/08 - Technical Analysis COIN

Today, Converted Organics ( COIN ) is breaking out to the upside. COIN has been all over the place over the past year hitting a high of $16.33. Today it opened at $3.64 and its hitting $4.20 on this news:

Converted Organics announced today that the Company will work with Gro Group Inc. as a manufacturing partner in 2009, supplying its organic granular fertilizer to seven of Gro Group Inc.’s major distributors, which collectively service up to 15,000 lawn and garden retailers throughout the United States. Converted Organics’ organic granular fertilizer is for use on lawns, turf, flowers and gardens.

COIN Technical Analysis: Coin is trending below the 50 day moving average at $4.94. A close over $5 would be very bullish and could test the following resistance points: $6.14, $6.79.

Support levels for COIN: $3.64 & $4.00

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