Friday, October 24, 2014

Why Amazon Is Crashing: Jeff Bezos’ Nightmare Quarters In Charts / by Tyler Durden on 10/23/2014 16:26
The only six charts you need to know why the Amazon dream is over and why AMZN stock is currently crashing after hours to fresh 52 week lows.
Total employees and global sales growth:

Please share this article

Victor Sperandeo: What Surprise Action To Expect In Gold, Stocks & Oil / October 23, 2014
Today a legendary trader and investor spoke with King World News about what surprise action to expect in gold, global stock markets, and oil.  Victor Sperandeo has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros.  Below are the warnings issued by Sperandeo.
Sperandeo:  “Despite today’s action, there is no question that gold has made a bottom.  Gold recently tested the $1,192 level on the December futures contract.  It then popped back above $1,200 again.  But gold keeps testing those lows and bouncing higher, and there’s really no major news to make the gold market keep doing that….
Continue reading the Victor Sperandeo interview below…
Please share this article

Ellie Mae Inc (NYSE: ELLI)

Ellie Mae, Inc. provides on-demand software solutions and services for the residential mortgage industry in the United States. Its mortgage management solutions streamline and automate the process of originating and funding new mortgage loans, facilitating regulatory compliance, and reducing documentation errors. The company provides Encompass, a proprietary software product that combines loan origination, business management, and customer relationship management (CRM) software for mortgage originators into one end-to-end system.
Take a look at the 1-year chart of Ellie (NYSE: ELLI) below with my added notations:
1-year chart of Ellie (NYSE: ELLI)
ELLI has been trending consistently higher for the last 6 months, and during that time the stock has also formed a clear trendline of support (blue). In addition, the stock had also created at 52-week high resistance level at $36 (red) in August and September. At some point ELLI was going to have to break one of those two levels, and late last week the stock broke through resistance to a new high.

The Tale of the Tape: ELLI broke though its $36 resistance, which was also a new 52-week high. A long trade could be made on a pullback down to the $36 level with a stop placed below that level. A break back below $36 should lead to a fall down to the trendline support, which is currently near $33.
Please share this article

HUI to Gold Ratio Collapsing

by Dan Norcini
Trader Dan Norcini

There is only one comment that I can make based off of what I see from this chart; either the gold mining stocks are tremendously UNDERVALUED compared to the price of the metal or the gold price is way too high.

This ratio just touched a level last seen in DECEMBER 2000! That is FOURTEEN YEARS AGO!

Perhaps some more of these gold miners need to head to bankruptcy but with the ratio at current levels, and with the HUI itself trading at a SIX YEAR LOW this month ( refer to that chart I posted previously today) I am leaning to the view that the gold price is too high.

Talk about a disaster....
Please share this article

Saudi Arabia Surprises Market With Supply Cut Announcement, Oil Jumps

from Zero Hedge
Saudi Arabia, it appears, had enough of shooting itself in the foot for its American ‘partners’, and has admitted for the first time that it slashed supply in September. As Bloomberg reports, OPEC’s biggest producer cut supply to mkt by 328k b/d in September to 9.36m b/d, from 9.688m b/d in August, according to a person with knowledge of Saudi Arabia’s oil policy. Prices in September were flat admit this supply cut which suggests along with the build in EIA inventories seen yesterday that Saudi Arabia may have also been forced by global demand weakness to cut supply through October also.
Continue Reading at…
Please share this article

“Real” Stock Volatility In October Highest Since Lehman / by Tyler Durden on 10/23/2014 14:40
While VIX pumped-and-dumped (in a manner never seen before in its history), ‘real’ volatility of the day to day moves across the major stock indices remains extremely elevated. For the Nasdaq and Dow Transports, the average true range over the last few weeks is the highest since the post-Lehman collapse
Please share this article

Thursday, October 23, 2014

The Crash of 2014: A Special Briefing for All Casey Subscribers

Over the last several months, our team has accumulated significant evidence that a market crash is imminent.
by Olivier Garret, Chief Executive Officer
Casey Research

Dear Subscribers and Readers,
As CEO of Casey Research, I’m issuing an urgent alert: Over the last several months, our team has accumulated significant evidence that a market crash is imminent.
Dominick Graziano, our lead technical analyst and contributor to The Casey Report, has been following this movement for months. In August, he warned that “several reliable signals portend a stock market correction, or worse” to come as we reentered trading season. He also correctly predicted oil’s tumble and much more broadly that “the dollar is likely headed much higher, and commodities lower, in the months ahead.”
Continue Reading at…

Please share this article

Doc Eifrig and Charles Nenner (Audio): Stansberry Research

We have a fantastic show for you today... with two special guests.
First, Dr. David "Doc" Eifrig, editor of Retirement Millionaire, joins the podcast to talk about one of the biggest breakthroughs in cancer he has EVER seen.
You'll hear him break down exactly how this technology works and tell you the best way to invest in this game-changing trend.
Then, Frank brings on his second guest, legendary analyst Charles Nenner. Charles is the founder and president of the Charles Nenner Research Center.
You won't want to miss his comments on gold, inflation, and interest rates.
Frank also breaks down the current earning season and shares some key comments from several conference calls that he has been able to sit in on, including: Coca-Cola, Halliburton, IBM, and McDonald's to name a few...(more)
Please share this article

Dennis Gartmam: “Buyers beware, the bear market has begun“:

The selloff in global markets is set to continue as a bear market takes hold “for a long period of time,” according to widely followed investor Dennis Gartman, who warned investors not to go long on stocks.
“This is the start of a bear market,” Gartman, the founder of the closely watched Gartman Letter, told CNBC Europe’s “Squawk Box” on Thursday. “You stay in cash and you stay in short term bonds and you don’t move out, this is a very difficult period of time and I’m afraid – and
I don’t like to think about it – but this might be the very beginnings of a bear market that could last some period of time,” he warned.
And first thing this morning:(more)
Please share this article

Danielle Park – Getting Ready For The Other Shoe To Drop

from Financial Survival Network
What a difference two weeks makes. When Danielle Park and I last spoke, Wall Street was partying like it was 1999. Now things are not so good. A 9 percent correction and you can feel the panic start to set in. Will it continue or is this just a normal correction? The problem is that nothing about this market is normal and there hasn’t been a normal correction since the crash. Volatility is up and so is fear. Is this the start of a secular bear or is there still time for more fun and games? We’ll know the answer soon.
Click Here to Listen to the Audio
Please share this article

When Oil Rebounds, These Companies Will Soar

If you're worried about U.S. oil stocks, today's essay is for you...
Over the past few months, the price of oil has crashed. Meanwhile, many oil stocks are down double digits.
That's a big loss. But the downturn is creating a great opportunity for investors...
As regular Growth Stock Wire readers know, new drilling techniques have allowed the U.S. to tap into vast oil and gas reserves locked away in shale.
As a result, U.S. oil production has increased 63% from the low in 2008 to today. That's a massive increase in a short period of time. And as we've shown in these pages before, these technologies will help U.S. oil production keep soaring.
But rising supply of oil and a strong U.S. dollar have caused the oil price to fall recently. West Texas Intermediate (WTI) crude oil has fallen from around $106 per barrel in June to about $83 per barrel today. (more)
Please share this article

HMS Holdings Corp (NASDAQ: HMSY)

HMS Holdings Corp. provides cost containment services to government and private healthcare payers and sponsors. The company’s services include co-ordination of benefits and program integrity services. Its co-ordination of benefits services provide cost avoidance services that offer validated insurance coverage information, which is used by government-sponsored payers to co-ordinate benefits for incoming claims; and program integrity services identify improper payments on a pre-payment and post-payment basis, identify and recover overpayments, detect and prevent fraud and abuse, and identify process improvements.
Take a look at the 1-year chart of HMS (Nasdaq: HMSY) below with my added notations:
1-year chart of HMS (Nasdaq: HMSY)
Excluding a drop in April, and a rally in August, HMSY has traded in somewhat of a range. Since the end of February the stock has commonly stalled at $21 (red), and starting at the beginning of June HMSY has always found support at $18 (green). At some point the stock will test or break one of these two levels again and provide potential trading opportunities.

The Tale of the Tape: HMSY has key levels to watch at $21 and $18. Long trades could be considered at $18 or on a break through $21. Short trades could be made at $21 or on a break below $18.
Please share this article

Wednesday, October 22, 2014

Special Report: The 64-Month Pattern in Stocks and Gold

Years ago when I set out to study huge growth patterns in markets — more commonly known as “bubbles” — I discovered a remarkable timing signature common to every single one of these patterns:
They all last exactly 64 or 65 months.
All the “name-brand” market bubbles in history have lasted 64 or 65 months from initial growth to blow-off top.

This includes the 3 biggest bubbles in modern market history:

- the Dow into the 1929 peak
- the Nikkei into the 1989 peak
- the Nasdaq 100 into the 2000 peak
This also includes more recent bubbles, such as home-builders into 2005, and crude oil into 2007, and for a more recent example, the stock of Priceline (PCLN). (more)

Please share this article

David Gurwitz – Buy Signal For Gold, Sell Signal For Oil… What’s Next?

from Financial Survival Network

David Gurwitz has been with Charles Nenner Research for over a decade. During that time he’s never given up his taste in music or his passion for basketball, which is a good thing because trading calls upon all these skills and more. Right now, Nenner’s cycle based system has been flashing a buy signal in gold. Silver hasn’t hit it yet, but a close above $17.50 should do the trick. Oil flashed a sell signal a while ago and the results have been self-evident, with $80 oil for all to see. But it will come back at some point, watch for a close above $85 and you’ll know. To find out forecasts for bonds and the world’s stock markets listen on.
Click Here to Listen to the Audio
Please share this article

What's Next For the Dow Jones?

The Dow closed higher with an inside day. The turning points this week seem to be Wednesday (minor) and Friday (main). A reaction high this week still points to a lower low perhaps for the week of November 3rd. It appears that the Phase Transition in stocks will be postponed into the downside of the ECM. This is a reflection of the bubble that is unfolding in debt. This looks like the BIG BANG we targeted for 2016 is unfolding as we first scheduled back in 1985.

Many email have been coming in about the 1985 forecasts. This is what I mean there cannot be personal opinion. NOBODY can point and forecast something like this 30 years in advance with any such specific events. Long-term trends are set in motion and are un-changeable. Fundamentals are simply noise. Market commentators can and do take the same event and can construct it as bullish or bearish to fit the immediate price action. Like when news is bullish but stocks still decline – they then say “it was not bullish enough.” 

Please share this article

Profit from the Fall in Corn Prices

On Monday, I had the chance to toss back a few drinks on Water Street here in Baltimore. The Orioles were going to be losing to the Royals in a few hours, but we didn't know it at the time, so we reveled in the pregame, hometown baseball excitement.
I was meeting with a guy named Bill who was in the investment game and hailed from Omaha, Nebraska. He claimed he was "the other one," which got a laugh — meaning he wasn't Warren Buffet, the famous Oracle of Omaha.
We talked about a bit about Baltimore, which always comes down to that HBO series The Wire. I mentioned how when I was in Kenya, two Germans asked if Baltimore was like that... drugs and gangs and murder.
Like much in America, it is and it isn't. Baltimore is also about Under Armor, Johns Hopkins, and T. Rowe Price.
And besides, since the crack wave receded a decade ago or more and the 20-somethings moved downtown, the crime rate has been falling. (more)

Please share this article

Jim Rogers: Investing with Street Smarts

This week we have a special treat for listeners... American investor, author and one of the most brilliant market speculators joins Stansberry Radio.
Jim Rogers, Chairman of Rogers Holdings and Beeland Interests, Inc. and the co-founder of the Quantum Fund with George Soros and creator of the Rogers International Commodity Index.
Porter asks Jim to comment on the overall health of the markets, total U.S. debt, and the Fed's spending habits...
And you won't want to miss his thoughts on the collapse of the dollar?
A little hint... It's a lot sooner than Porter predicts. You'll get his detailed analysis...
Plus, find out why he says he is still bullish on agriculture...(click here to listen)
Please share this article

Tuesday, October 21, 2014

Globus Medical Inc (NYSE: GMED)

Globus Medical, Inc., a medical device company, focuses on the design, development, and commercialization of musculoskeletal implants that promote healing in patients with spine disorders. It offers approximately 120 products that address an array of spinal pathologies, anatomies, and surgical approaches. The company’s fusion products are used in cervical, thoracolumbar, sacral, and interbody/corpectomy fusion procedures to treat degenerative, deformity, tumor, and trauma conditions. Its disruptive technology products provide material improvements to fusion procedures, such as minimally invasive surgical techniques, as well as new treatment alternatives, which include motion preservation technologies, such as dynamic stabilization, total disc replacement and interspinous process spacer products, and advanced biomaterials technologies; and interventional pain management solutions, including treatments for vertebral compression fractures.
Take a look at the 1-year chart of Globus (NYSE: GMED) below with added notations:
1-year chart of Globus (NYSE: GMED)
GMED has been trading sideways for the last 2 months, while forming a common pattern known as a rectangle. A minimum of (2) successful tests of the support and (2) successful tests of the resistance will give you the pattern. GMED’s rectangle pattern has formed a $20 resistance (red) and a $19 support (green). At some point the stock will have to break one way or the other.

The Tale of the Tape: GMED is trading within a rectangle pattern. The possible long positions on the stock would be either on a pullback to $19, or on a breakout above $20. Short opportunities would be on a rally up to $20, or on a break below $19.
Please share this article

5 Best Biotech Stocks to Buy Now

BiotechDNA185 5 Best Biotech Stocks to Buy Now

Biotech stocks to buy aren’t exactly the most popular investments on Wall Street right now.
The “risk on” environment of 2013 seems to have evaporated, with volatility heating up and many investors taking shelter in old stalwarts like consumer staples and even bond funds. Biotech stocks are often seen as risky and more speculative by investors, particularly those who prefer entrenched health care stocks like Johnson & Johnson (JNJ[2]) or Pfizer (PFE[3]) in Big Pharma.

But if you’re looking for outperformance in 2015, then the modest risk but big-time potential of biotech stocks could be just what the doctor ordered.
There are many reasons to be bullish on healthcare stocks broadly — both because of the recession-proof nature of the sector, and the growth that is sure to come from greater access to insurance via Obamacare and demographic tailwinds thanks to aging Boomers who will need more care and medications. (more)

Please share this article

Despite Struggle, Gold & Shares Coiled For Upside Explosion

from King World News
Today KWN is putting out a special piece which features an incredible chart showing that despite the recent weakness, gold and the gold shares may be coiled for a major upside explosion. These are charts that the big banks follow closely, as well as big money and savvy professionals. David P. out of Europe sent us the key chart that all KWN readers around the world need to see.
Below is the remarkable chart sent to KWN by David P. out of Europe, along with his brief commentary.
Epic Chart Reveals The Massive Opportunity In Gold Stocks
Continue Reading at…
Please share this article

Homebuilder Update (Start Shorting Again) / by David Kranzler / October 20, 2014
The homebuilder stocks had a steep sell-off that occurred the week of October 6.  It culminated a move lower that started the first of week of July when the Dow Jones Home Construction Index (DJUSHB) topped out at 520.  From that top to the low of 428 on October, the DJUSHB dropped 17.6%.   In that same time period, the S&P 500 dropped only 2%.  There’s a message there…

Please share this article

Is There Money To Be Made With Russian Stocks?

I see you’re interested in buying the dip in Russian stocks this morning.
But before you do, let me try to knock some sense into that skull of yours…
Late last week, I reminded you why we bid farewell to the big Russian bear back over the summer. At the time, Russia was one of the cheapest markets in the world. But cheap can always get even cheaper—and Russia is certainly no exception. With comic book supervillain Vlad Putin manning the controls from his secret Siberian lair, the Market Vectors Russia ETF (NYSE:RSX) has dropped a cold 20% since registering its late June highs.
So you’re still looking to take a shot at Russian stocks?
Why? Because of a rapidly-plummeting ruble? Or the chance that these beaten-down names just might be finished with their largest declines?  (more)

Please share this article

Monday, October 20, 2014

Grupo Financiero Galicia S.A. (NASDAQ: GGAL)

Grupo Financiero Galicia S.A. operates as a financial services holding company in Argentina. The company operates through Banking, Regional Credit Cards, CFA Personal Loans, and Insurance segments. It offers financial products and services, including collection and payment services, commercial credit cards, direct payroll deposits, capital market alternatives, foreign trade solutions, and corporate e-banking solutions; financial support and cash management services; foreign trade; corporate debt and securitization transactions; and e-collection and payment solutions to various agencies, municipalities, and universities.
Take a look at the 1-year chart of Grupo (Nasdaq: GGAL) below with my added notations:
1-year chart of Grupo (Nasdaq: GGAL)
Over the last 6 months GGAL has created a key level of support at $12 (red) and that $12 level was also the “neckline” support for the stock’s head and shoulders (H&S) reversal pattern. Above the neckline you will notice the H&S pattern itself (blue).
Remember, patterns such as an H&S need to confirm to have the meaning that they imply. Confirmation of the H&S occurred when GGAL broke below its $12 support.

The Tale of the Tape: GGAL has confirmed a head & shoulders pattern. A short trade could be entered anywhere near $12 with a stop placed above that level. A break back above $12 could negate the forecast for a move lower, thus a long position could be considered instead.
Please share this article

iBio (IBIO): Our Last Line of Defense Against Ebola?

On October 9, U-T San Diego reported that Mapp Biopharmaceutical enlisted a company to help produce the Ebola drug cocktail, ZMapp.
And widespread speculation was that iBio (IBIO) would be identified as Mapp’s partner.
As a result, iBio’s shares spiked more than 66.6% on Columbus Day.
The Delaware-based biotech company closed the trading day at $2.45, an increase of more than $0.98 from Friday’s closing price of $1.47.
More than 49 million shares changed hands, compared to the three-month average of just over 600,000.
This proves without a doubt that hysteria about Ebola has reached Wall Street.

Don’t Get Caught in This Terror Trap

I’m sure you’ve heard by now that a nurse in Dallas was diagnosed with the Ebola virus after having extensive contact with a patient who later died of the deadly virus.
The news significantly deepened concerns about an Ebola outbreak thas have plagued the United States since late September.
As you can see from the chart below, iBio shares have blasted higher on both Friday and Monday.
Ebola Hysteria Hits New Level Among Investors: iBio (IBIO) Shares Reacting to Ebola Fears
Now, you might be asking what role in the fight against Ebola iBio plays…(more)
Please share this article

This Week in Money with Guests: Ross Clark, Marin Katusa, Ross Kay – October 18, 2014

Please share this article

Warren Buffett’s Top 5 Income Stocks: (NYSE:GM),(NYSE:PG),(NYSE:KO),(NYSE:WFC),(NYSE:XOM)

When it comes to stock-picking, there are few investors who have been as successful as legendary investor Warren Buffett.
Many investors have had the bright idea to try and emulate his success by simply adding the same stocks to their portfolio, although they are coming late to the party in most cases.
Warren Buffett certainly likes dividends, but that’s not the primary reason he makes an investment. (more)

Please share this article

Express, Inc. (NYSE: EXPR)

Express, Inc. operates as a specialty apparel and accessory retailer primarily in the United States. Its stores provide apparel and accessories for women and men between 20 and 30 years old across various aspects of the lifestyles comprising work, casual, jeanswear, and going-out occasions. As of August 27, 2014, it operated approximately 630 retail stores located primarily in shopping malls, lifestyle centers, and street locations in the United States, Canada, the District of Columbia, and Puerto Rico. Express, Inc. also distributes its products through the company’s e-commerce Website,, as well as franchisees Express stores in Latin America and the Middle East.
Take a look at the 1-year chart of Express (NYSE: EXPR) with the added notations:
1-year chart of Express (NYSE: EXPR)
After declining into May, EXPR has traded in a large sideways range. During the May to October timeframe, the stock has also created a key level at $14 (green). You can see how that level has been both a prior resistance and a prior support. Now, the stock has approached $14 again and that could provide another bounce higher.

The Tale of the Tape: EXPR has a key level of support at $14. A trader could enter a long position at $14 with a stop placed under the level. If the stock were to break below the support a short position could be entered instead.
Please share this article

US Weekly Economic Calendar

time (et) report period Actual CONSENSUS
  None scheduled        
10 am Existing home sales Sept.   5.00 mln 5.05 mln
8:30 am Consumer price index Sept.   0.1% -0.2%
8:30 am Core CPI Sept.   0.2% 0.0%
8:30 am Weekly jobless claims Oct. 18
8:30 am Chicago national activity index Sept.   -- 0.14
9 am FHFA home price index Aug.   -- 4.4% y-o-y
9:45 am Markit flash PMI Oct.   -- 57.5
10 am Leading indicators Sept.   -- 0.2%
10 am New home sales Sept.   455,000 504,000
Please share this article

Saturday, October 18, 2014

In Spite Of Bounce, This Is How Horrific The Plunge Could Get

from King World News
In spite today’s bounce, a 50-year market veteran warns just how violent things can get to the downside.
By Art Cashin Director of Floor Operations at UBS
October 17 (King World News) – “On this day (+2) in 1987 (that’s 27 years ago, if you are burdened with a graduate degree), the NYSE had one of its most dramatic trading days in its 220 year history.
It suffered its largest single day percentage loss (22%) and its largest one day point loss up until that day (508 points). No one who was on the floor that day will ever forget it. While it was an unforgettable single day, there were months of events that went into its making.
Continue Reading at…
Please share this article

Oversold Market Set for a Snapback Rally, but Wait for This to Buy

The S&P 500 is nearing "official" correction territory, with panicked traders sending it down 9% in a matter of weeks. With all medium-term support lines and moving averages now broken, the last of the stops should soon be taken out. When that happens traders should get the chance to pounce on a good oversold bounce.
To be clear, I am not calling for the start of a new major bull market leg. Rather, the S&P 500 is reaching oversold levels, and like a rubber band that has been stretched too far, we could see a violent snapback rally.
For evidence of this, let's turn to the charts.
SPX vs RUT Chart
Small-cap stocks, as represented by the Russell 2000 (red line), have notably lagged in performance all year and were the writing on the wall for observant market participants. After double-topping with its highs in March and July, the Russell 2000 developed a significant lower high in early September, just as the S&P 500 (blue line) crawled to a fresh all-time high, thus flashing a major divergence. (more)
Please share this article