Tuesday, January 6, 2015

BNN: Top picks from Peter Mann: Madison Square Garden, Oaktree Capital, Delta Air Lines

MARKET OUTLOOK:
We view this as a decent environment for U.S. equities. Multiples are higher than in recent past, but the multiples of all alternatives to equities are much higher relative to history. Relative valuation matters because capital must flow somewhere. Domestic GDP growth should continue to remain strong, but it will not be without its challenges as an appreciating U.S. dollar will pressure S&P earnings, potentially offsetting domestic growth. Global growth is anemic. While the U.S. is now focused firmly on moving rates higher, the rest of the world is either continuing its stimulus (China and Japan) or just beginning (Europe). The consensus for 2014 was that rates would move higher (which proved incorrect) and that consensus again exists for 2015. The rate on the U.S. ten-year is very appealing relative to similar sovereign bonds globally, so there remains a possibility that spreads narrow (front end of curve backs up while 10's stay put). The three things we are most confident in for 2015 are that volatility will increase, correlations will decline and that domestic revenues will possess more tailwinds than multinationals.(more)

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King Digital Entertainment PLC (NYSE: KING)

King Digital Entertainment plc, an interactive entertainment company, develops and publishes casual games on Web and mobile platforms. The company offers approximately 190 fun titles in over 200 countries through its king.com and royalgames.com Websites; Facebook; and mobile distribution platforms, such as the Apple App Store, Google Play Store, and Amazon Appstore. King Digital Entertainment plc is based in Dublin, Ireland.
Take a look at the 1-year chart of King Digital Entertainment PLC (NYSE: KING) below with my added notations:
1-year chart of King Digital Entertainment PLC (NYSE: KING)
Over the last 2 months KING created a key trendline of support (blue) and that line is 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 (red). Confirmation of the H&S would occur if KING breaks its trendline support.
The Tale of the Tape: KING has formed a head & shoulders pattern. A long trade could be made at $15 with a stop placed below that level, but ideally, the pattern implies a short trade to be entered on a break below $15 instead.
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3 Great Bank Stocks for 2015: MS, TD, C

No matter what your risk tolerance and investment goals, there is a bank stock that would be a great fit for your portfolio. Here are my three favorites for 2015, ranging from the stable and consistent to those with the highest risk and highest potential reward.
A compromise between safety and excitement
Recently, an expert from Ernst & Young predicted that 2015 will be an excellent year for IPOs. While many companies would benefit if that prediction came true, my favorite way to play it is with Morgan Stanley (NYSE: MS  ) . (more)

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MIFI Novatel Wireless – ‘Internet Of Things IoT’ High Potential Stock

Today’s winner in a sea of red is MIFI – Novatel Wireless, former ticker symbol NVTL. As I pointed out today on Twitter and Stocktwits when the stock was trading @ 3.30, right now this is my favourite really aggressive small cap play:
The timestamp is obviously 6.07 PM GMT+1 which corresponds to 12.07 PM EST in case you are wondering.
MIFI is a very aggressive play as the stock has not exactly been the strongest stock within the M2M, Machine to Machine or ‘Internet of Things IoT’ realm. This could change pretty quickly though as traders are starting to look for additional extremely high potential trade ideas now that:
- See more at: http://www.tischendorf.com/#sthash.yJsW6kHM.dpuf
Today’s winner in a sea of red is MIFI – Novatel Wireless, former ticker symbol NVTL. As I pointed out today on Twitter and Stocktwits when the stock was trading @ 3.30, right now this is my favourite really aggressive small cap play:
The timestamp is obviously 6.07 PM GMT+1 which corresponds to 12.07 PM EST in case you are wondering.
MIFI is a very aggressive play as the stock has not exactly been the strongest stock within the M2M, Machine to Machine or ‘Internet of Things IoT’ realm. This could change pretty quickly though as traders are starting to look for additional extremely high potential trade ideas now that:
- See more at: http://www.tischendorf.com/#sthash.yJsW6kHM.dpuf
Today’s winner in a sea of red is MIFI – Novatel Wireless, former ticker symbol NVTL. As I pointed out today on Twitter and Stocktwits when the stock was trading @ 3.30, right now this is my favourite really aggressive small cap play:

MIFI is a very aggressive play as the stock has not exactly been the strongest stock within the M2M, Machine to Machine or ‘Internet of Things IoT’ realm. This could change pretty quickly though as traders are starting to look for additional extremely high potential trade ideas now that: (more)

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Top 10 Stocks for 2015

Early projections for 2015 are just starting to roll in. While forecasts vastly vary, they are so far ho-hum at best.
Investment powerhouse Goldman Sachs predicts the broad-based S&P 500 benchmark will end next year at 2,100. That’s less than a meager 2% above where the index currently sits. That projected paltry gain is the kind more typical from stodgy bonds, not stocks.
Deutsche Bank sees the S&P 500 climbing to 2,150 by the end of 2015, a modest 4% advance.  (more)

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