James Dines – Gold & The Next “Super-Major Bull Market”

kingworldnews.com / March 21, 2014
Today a legend spoke with King World News about a new “Super-Major Bull Market” and what is happening in the gold market.  KWN readers around the world will be stunned by what Dines has identified as the next “Super-Major Bull Market.”  Below is what legendary forecaster, James Dines, had to say in this remarkable interview.
Dines:  “Something very big is happening.  It’s historic, and a great profit opportunity….
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Is The Biotech Bubble Bursting?

zerohedge.com / by Tyler Durden / 03/21/2014 10:43 -0400
Having been among the best performing sectors of the stock market for so long (up around 70% alone last year), the moves of the last few days – and especially today – are extremely worrying for the ‘trend-is-your-friend’ momo-following fickle investing public. The Nasdaq Biotech index is getting monkey-hammered this morning and is now 10% off its late-Feb highs. Crucially, this sector has been a major pillar of strength for the overall Nasdaq and that means the Nasdaq is also getting crushed – now down 0.9% from the FOMC and dramatically underperforming.
The Nasdaq Biotech index is plunging today and down 10% from Feb highs…
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ProShares UltraShort 20+ Year Treasury (NYSE: TBT): How to Capitalize on a Bond Fallout in the Next 6 Months

I'm not a fan of the Federal Reserve, and I don't like the role it plays in the free market. Of course, I don't expect the Fed to go away anytime soon, and that reality is something we all have to adjust to. That said, what I am a fan of is smart traders taking advantage of the conditions in the market created in large part by the central bank's manipulation of the money supply and interest rates.
On Wednesday, new Fed Chair Janet Yellen flexed her policymaking muscles atop the Federal Open Market Committee (FOMC), and the result was an interesting reaction in the markets.

First off, the Fed acted as expected and continued the "taper" of its bond buying program. The Fed trimmed its asset purchases by $10 billion per month to $55 billion. Unexpectedly, however, the Fed actually dropped its previous threshold of a 6.5% unemployment rate as a trigger to prompt an interest rate hike. (more)

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The Hidden Costs of Reverse Mortgages

My grandfather liked to use clever sayings to make a point. One of his favorites was, “The same thing, only different!”
As we pulled together this article, I immediately thought of how his funny little saying applied.
When you buy an annuity, you give a private company a sum of money in exchange for its promise to pay you a fixed amount every month until you die. (more)

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US Weekly Economic Calendar

time (et)	report	period	Actual	CONSENSUS forecast	previous
MONDAY, MARCH 24
8:30 am	Chicago Fed national activity index	Feb.	-0.18 3-mo.	--	0.02 3-mo
9:45 am	Markit 'flash' PMI	March	55.5	--	57.1
TUESDAY, march 25
9 am	Case-Shiller home prices	Jan.		--	13.4% y-o-y
9 am	FHFA home prices	Jan.		--	7.7% y-o-y
10 am	Consumer confidence index	March		78.4	78.1
10 am	New home sales	Feb.		440,000	468,000
WEDNESDAY, MARCH 26
8:30 am	Durable goods orders	Feb.		0.0%	-1.0%
THURSDAY, march 27
8:30 am	Weekly jobless claims	3-22		320,000	320,000
8:30 am	GDP revision	4Q		2.8%	2.4%
10 am	Pending home sales	Feb.		--	0.1%
FRIDAY, march 28
8:30 am	Personal income	Feb.		0.2%	0.3%
8:30 am	Consumer spending	Feb.		0.3%	0.4%
9:55 am	UMich consumer sentiment	March		81.0	79.9

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Buffalo Wild Wings (NASDAQ: BWLD)

Buffalo Wild Wings, Inc. owns, operates, and franchises restaurants primarily in the United States. It offers chicken and various food and beverage items, as well as serves bottled beers, wines, and liquor. As of February 4, 2014, the company owned and operated, and franchised approximately 1,000 Buffalo Wild Wings locations in 49 states in the United States, as well as in Canada and Mexico.
To review Buffalo’s stock, please take a look at the 1-year chart of BWLD (Buffalo Wild Wings, Inc.) below with my added notations:

Over the last 5 months BWLD had created a strong level of resistance at $152 (blue), which also constituted a 52-week high resistance. A break through that level would most likely mean higher prices for the stock. As you can see from the chart, BWLD finally broke higher yesterday and should be hitting new highs moving forward.

The Tale of the Tape: BWLD broke out to a new 52-week high. A long trade could be made near $152 with a stop placed below that level. A break back below $152 would negate the forecast for a continued move higher.
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