Tuesday, June 24, 2014

Headwaters Inc (NYSE: HW)

Headwaters Incorporated provides products and services in the light and heavy building materials sectors primarily in the United States and Canada. The company’s Light Building Products segment designs, manufactures, and sells siding and exterior siding accessories, including decorative window shutters, gable vents, mounting blocks for exterior fixtures, roof ventilation, trim board and molding products, specialty siding products, synthetic roofing tiles, and window well systems; professional tools, such as portable cutting and shaping tools; manufactured architectural stone products; and concrete-based masonry products, including standard grey blocks, split and ground faced blocks, and polished and textured blocks. Its Heavy Construction Materials segment markets coal combustion products (CCP), including fly ash that is used as a replacement for Portland cement in various concrete applications, such as infrastructure, commercial, and residential construction; and provides CCP disposal services, as well as services to electric utilities related to the management of CCPs. The company’s Energy Technology segment is involved in the heavy oil upgrading processes, and the liquefaction of coal into liquid fuels.
To review Headwaters’ stock, please take a look at the 1-year chart of HW (Headwaters Incorporated) below with my added notations:
1-year chart of HW (Headwaters Incorporated)
HW had been trending higher from October til March, but then sold off into mid-April. Since then the stock has been climbing a trendline of support (blue). The stock has also formed at 52-week high resistance at $14 (red). At some point HW will have to break one of those two levels.

The Tale of the Tape: HW has a $14 resistance and an uptrend line of support to watch. A long trade could be made on either a pullback down to the trendline, which currently sits just under $13, or on a break through the $14 resistance. A break below the trendline support should lead to lower prices.
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Wilbur Ross sees bond bubble bursting in next couple of years so does that mean buy gold and silver now?

arabianmoney.net / 23 June 2014 
The bubble currently brewing in sovereign debt will likely burst in the next couple of years, US billionaire Wilbur Ross warned today.
‘I’ve felt for some time that the ultimate bubble, when we look back a few years from now, is going to be sovereign debt, both US and other, because it’s way below any sort of reversion to the mean of interest rates,’ the famous distressed debt investor told CNBC.

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Decline of U.S. Shale Energy & The End Of Precious Metal Manipulation

The Bakken’s decline rate increased from a 63,000 bd in December, 2014 to an estimated 72,000 bd in July, 2014

The U.S. Shale Energy Industry is heading for big trouble and very few Americans realize it.  Not only will the peak and decline of U.S. shale oil and gas production spell disaster for the U.S. economy U.S. economy, it will also be one of the factors responsible for ending precious metals manipulation.
The only way the Fed and Central Banks can continue propping up their fiat currencies is with massive monetary printing and bond purchases.  While this tactic keeps the system together, it does so by adding debt on top of more debt.  This debt can only be settled by a growing economy.
Unfortunately, the world is currently experiencing a plateau in global oil production.  Without continued growth of the world’s oil supply, the massive government debt (which backs the global fiat currencies) becomes a real nightmare.
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Crude Oil – Speculative Frenzy Kicking Off

In going over some of the various COT reports and having a look-see to observe who is doing what, I wanted to make a few comments about the crude oil market, especially in light of one of our astute posters here who pointed out the very large imbalance currently existing in that market ( thanks Jesse L.!).

Take a gander at the COT chart and you will see exactly what he was referring to. This chart goes back Eight Years – to the time that the CFTC began breaking out the Disaggregated Report.

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Voya Financial Inc (NYSE: VOYA)

Voya Financial, Inc. operates as a retirement, investment, and insurance company in the United States. The company has five segments: Retirement, Annuities, Investment Management, Individual Life, and Employee Benefits. The company was formerly known as ING U.S., Inc. and changed its name to Voya Financial, Inc. on April 7, 2014. The company was incorporated in 1999 and is headquartered in New York, New York. Voya Financial, Inc. is a former subsidiary of ING Insurance International B.V.
To review Voya’s stock, please take a look at the 1-year chart of VOYA (Voya Financial, Inc.) below with my added notations:
1-year chart of VOYA (Voya Financial, Inc.)
VOYA has been trading sideways for the last 7 months. Over that period of time the stock has formed a resistance area around $37.50 (blue). In addition, the stock has also created a level of support at $33 (green) that was also a resistance back in August. At some point the stock will have to break out of its current consolidation.

The Tale of the Tape: VOYA has levels of support at $33 and resistance at $37.50. The possible long positions on the stock would be either on a pullback to $33, or on a breakout above $37.50. The ideal short opportunity would be on a break below $33.
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