Thursday, August 8, 2013

Martin Armstrong – The Stock Market Will Double By 2015

from Financial Survival Network
Martin Armstrong came on with this shocker – Dow 32,000 by 2015! The reasons are quite simple. The rest of the world is crumbling, even China. As a result, the money is flowing to the US. Where’s it going? Treasuries and the Stock Market. Sound counter-intuitive? Maybe so, but Martin makes a very persuasive case. Gold will be a beneficiary too, but in 2015. Listen carefully to this interview. And watch out for your government, they’ve got the knives out for you and your wealth. Private pensions won’t be private for long.
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eBay Inc. provides online platforms, tools, and services to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. Its Marketplaces segment operates ecommerce platform; vertical shopping sites, such as StubHub, Fashion, Motors, and; and classifieds Websites, including Den BlÄ Avis, BilBasen, Gumtree, Kijiji, LoQUo,,, Alamaula, eBay Anuncios, eBay Kleinanzeigen, and eBay Annunci, as well as provides advertising services. This segment also provides RedLaser to facilitate mobile commerce; Milo to enable search for goods at local retailers; WHI to offer an ecatalog of motor parts and accessories; and Hunch to improve search and merchandising based on customers' needs and tastes. The company's Payments segment offers payment and settlement services for consumers and merchants on and off eBay Websites and other merchant Websites. This segment operates PayPal, which enables individuals and businesses to send and receive payments online and through mobile devices.
Please take a look at the 1-year chart of EBAY (eBay, Inc.) below with my added notations:
1-year chart of EBAY (eBay, Inc.) EBAY has been holding a very important level of support of $50 (navy) since December of last year. You can also see that $50 had been a resistance (red) prior to that back in October and November. No matter what the market has or has not done since December, the stock has held that $50 level. EBAY is approaching $50 again and that should provide another bounce higher, but if the overall market sells-off, EBAY could break that support.
The Tale of the Tape: EBAY has a very strong level of support at $50. A trader could enter a long position at $50 with a stop placed under the level. If the stock were to break below the support, a short position would be recommended instead.
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McAlvany Weekly Commentary

Is 3,000% Inflation Really Price Stability?

About this week’s show:
-Contentious monetary policies
-Shocking Shanghai gold demand
-Silver’s road ahead, currency or commodity?
Read | Subscribe@iTunes
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10 Year Treasurys Sold At Lowest Bid-To-Cover Since March 2009 / by Tyler Durden / 08/07/2013 13:28 -0400
If it was the Treasury’s intent to make auctioning of Treasury paper increasingly more fraught with risk, it has succeeded. Moments ago, in the second auction of the week and month, another $24 billion were added to the gross US debt, when the Treasury sold 10 year paper at a yield of 2.620%, pricing through the When Issued yield of 2.623% So far so good. However, as was shown last week, the trouble is in the internals. Recall that as Zero hedge first demonstrated in January and as the TBAC reconfirmed in their refunding presentation, the Bid to Covers have been declining across the curve.
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Cameron International Corporation (NYSE: CAM)

Cameron International Corporation provides flow equipment products, systems, and services worldwide. Its Drilling & Production Systems segment offers systems and equipment to control pressures and direct flows of oil and gas wells, and designs and manufactures structural components for land and offshore drilling rigs. This segment provides surface and subsea production systems, blowout preventers, drilling and production control systems, block and gate valves, actuators, chokes, wellheads, manifolds, drilling risers, top drives, mud pumps, elastomers, and other rig products. The company's Valves & Measurement segment offers valves and measurement systems primarily to control, direct, and measure the flow of oil and gas. This segment provides gate and ball valves, butterfly valves, double block and bleed valves, plug and globe valves, check valves, actuators and chokes. Its Process & Compression Systems segment offers process packages for the separation and treatment of impurities. This segment provides oil and gas separation equipment, heaters, dehydration and desalting units, gas conditioning units, membrane separation and water processing systems, integral engine-compressors, separable reciprocating compressors, two and four-stroke cycle gas engines, turbochargers, integrally-geared centrifugal compressors, compressor systems and controls.
To review Gannett's stock, please take a look at the 1-year chart of CAM (Cameron International Corporation) below with my added notations:
1-year chart of CAM (Cameron International Corporation) There's a lot to discuss on the chart of CAM. First, the stock has been stuck in a sideways move for about (6) months, and along the way, has created a key level of $60 (blue) that has been support ever since the stock got above it. Next, that stock has formed resistances at both $65 (navy) and $66 (red), the latter being a 52-week high resistance. A break below $60 should mean lower prices for the stock and a break above $66 would most likely mean higher prices ahead.
Also take note of the fact that CAM has falsely broke higher and falsely broke support (brown). This is why stops are essential.
The Tale of the Tape: CAM is trading within somewhat of a rectangle pattern. The possible long positions on the stock would be either on a pullback to $60, or on a breakout above $66 (An “alert” could be set on a move above $65). The ideal short opportunity would be on a break below $60.
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Robin Griffiths – “These Are Not Normal Times” / August 7, 2013
With stocks and the U.S. dollar trading lower and the precious metals rallying, today King World News is pleased to share a piece from one of the top strategists in the world, Robin Griffiths of Cazenove out of London.  Cazenove Capital is the appointed stockbroker to Her Majesty The Queen.  Below is Robin’s outstanding piece.
By Robin Griffiths of Cazenove Capital

August 7 (King World News) – “Not Normal Times”

“These are not normal times. Historic norms and correlations are being cast aside.  The world economy is a highly complex system with a multiple of interrelated variables.  Such systems are inherently prone to chaotic behaviour.  Simple linear forecasts are unlikely to be useful at the moment as the data relating to the investment world has turned topsy-turvy.  Normally, the stock market rises when earnings are rising and, when companies take on debt, we expect to see credit spreads widen.  Similarly, high levels of unemployment are usually associated with a falling market.  But recently we have seen the exact opposite occurring….
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