Monday, March 17, 2014

The Next Three Bull Markets Are Starting

As we all know, there is always a bull market somewhere…
In this video report I will share with you the next three big investments for 2014 which are unfolding as we you read this. And Precious metals (gold, silver & miners) are only one of the bull markets…
You have not heard anything about these sectors on CNBC, radio, and no one is writing about them. Because of this, it has me really excited because the more people that are caught off guard with a move the bigger upside potential there is.
All you have to do is watch the video to find out…

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Top 10 Penny Stocks of 2014

The top penny stocks of 2014 have seen tremendous gains, one as high as 877%.
That’s exactly why some investors are so enamored with penny stocks — they have the potential to transform portfolios in a very short period of time.
While some of the top penny stocks this year are related to the marijuana industry recently legalized in some U.S. states, numerous fields are represented on the list. Here are some of the best penny stocks of 2014, and they’ve all posted gains of at least 150%…(more)
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How China Fooled The World With Robert Peston

China is now the second largest economy in the world and for the last 30 years China's economy has been growing at an astonishing rate. While Britain has been in the grip of the worst recession in a generation, China's economic miracle has wowed the world.

It is a story of spending and investment on a scale never seen before in human history -- 30 new airports, 26,000 miles of motorways and a new skyscraper every five days have been built in China in the last five years. But, in a situation eerily reminiscent of what has happened in the west, the vast majority of it has been built on credit.

This has now left the Chinese economy with huge debts and questions over whether much of the money can ever be paid back. Interviewing key players including the former American treasury secretary Henry Paulson, Lord Adair Turner, former chairman of the FSA, and Charlene Chu, a leading Chinese banking analyst, Robert Peston reveals how China's extraordinary spending has left the country with levels of debt that many believe can only end in an economic crash with untold consequences for us all.
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Nexstar Broadcasting Group, Inc. (NASDAQ: NXST)

Nexstar Broadcasting Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community Websites in medium-sized markets in the United States. It provides free over-the-air programming to television viewing audiences. The company, through various local service agreements, also offers sales, programming, and other services to stations and digital multicast channels owned and/or operated by independent third parties. As of March 15, 2013, it owned, operated, programmed, or provided sales and other services to 72 television stations and 15 related digital multicast signals in 41 markets; and 43 community portal Websites that offered hyper-local content and verticals for consumers and advertisers.
Please take a look at the 1-year chart of NXST (Nexstar Broadcasting Group, Inc.) below with my added notations:
1-year chart of NXST (Nexstar Broadcasting Group, Inc.)
NXST had held an important level of support at $40 (red) for the last 5 months, and that level had also been a previous resistance. After resisting the $45 area couple of times this year, the stock came down to $40 yet again. Yesterday NXST finally broke below the $40 support and should be moving overall lower from here.

The Tale of the Tape: NXST had a key level of support at $40. Now that the stock has broken support, a trader might want to enter a short trade at or near the $40 level with a stop placed above that level. A break back above $40 could negate the forecast for a move lower.
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Junior Gold Miners: Insiders Have Stopped Buying: GDXJ

Another interesting tidbit from Neil Leeson of Ned Davis Research: Executives and other key insiders at junior gold-mining companies are no longer buying their own companies’ stocks. 

Last year, as the sector plunged in value, insiders at these small mining companies were snapping up shares consistently. But the activity vanished around the same time the sector’s stock prices began to soar. The accompanying chart, from NDR, shows insider activity in the shaded red portion. It’s based on the constituent companies of Market Vectors Junior Gold Miners ETF (GDXJ).
The dry-up in insider buying is just one of the items Leeson mentions this week as he advises clients to take profits in gold and gold-mining companies.

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US Weekly Economic Calendar

time (et) report period Actual CONSENSUS
8:30 am Empire state index March   5.4 4.5
9:15 am Industrial production Feb.   0.2% -0.3%
9:15 am Capacity utilization Feb.   -- 78.5%
10 am Home builders' index March   50 46
TUESDAY, march 18
8:30 am Consumer price index Feb.   0.1% 0.1%
8:30 am Core CPI Feb.
0.1% 0.1%
8:30 am Housing starts Feb.   913,000 880,000
8:30 am Building permits Feb.   -- 945,000
8:30 am Current account deficit 4Q
-- -$95 bln
2 pm FOMC announcement     $55 bln $65 bln
2:30 pm Yellen press conference        
THURSDAY, march 20
8:30 am Weekly jobless claims 3-15
326,000 315,000
10 am Existing home sales Feb.   4.58 mln 4.62 mln
10 am Philly Fed March   4.3 -6.3
10 am Leading economic indicators Feb.
0.1% 0.3%
FRIDAY, march 21
  None scheduled        
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