Monday, July 21, 2014

Weight Watchers International, Inc. (NYSE: WTW)

Weight Watchers International, Inc. provides weight management services in North America, the United Kingdom, Continental Europe, Australia, New Zealand, and internationally. The company operates through North America, United Kingdom, Continental Europe, and Rest of World. It offers a range of products and services comprising nutritional, exercise, and behavioral tools and approaches. The company also provides various products, including bars, snacks, cookbooks, food, and restaurant guides with PointsPlus values, Weight Watchers magazines, PointsPlus calculators, and fitness kits, as well as ActiveLink, an activity monitor and Web experience that tracks activity throughout the day.
Please take a look at the 1-year chart of WTW (Weight Watchers International) below with my added notations:
1-year chart of WTW (Weight Watchers International)
WTW has held a very important level of support at $19.50 (blue) since March. No matter what the market has done lately, WTW has not broken $19.50. Now the stock is approaching $19.50 again and that might provide another bounce higher. However, the stock’s insistent downtrend against a rising market implies an eventual breakdown.

The Tale of the Tape: WTW has a key level of support at $19.50. A trader could enter a long position at $19.50 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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Chart of the Day - Ford Motor Company (F)

The Chart of the Day belongs to Ford Motor Company (F). I found the stock by sorting the New High List for new highs frequency in the last month, then used the Flipchart feature to review the charts. Since the it signaled a buy on 5/27 the stock is up 9.78%.

Ford Motor Company (F) produces cars and trucks. The company and its subsidiaries also engage in other businesses, including manufacturing automotive components and systems and financing and renting vehicles and equipment. The company is divided up into the following four operating segments: Automotive, Visteon Automotive Systems, Ford Motor Credit Company, and The Hertz Corporation.

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Cash-In on the Long-Term Trend in Farmland

The idea we have for you today plays off one of our ongoing themes — “extraction.”
“We’ve got a real problem! This is a mathematical fact! Tens of trillions of dollars are being extracted from the United States of America,” ranted MSNBC pundit Dylan Ratigan in 2011. “An entire integrated system — financial system, trading system, taxing system — that was created by both parties over a period of two decades is at work on our entire country right now.”

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Chart of the Day - Royal Bank of Canada (RY)

The Chart of the Day belongs to Royal Bank of Canada (RY).  I found the stock by sorting today's New High list for new high frequency in the last month.  Since the Trend Spotter signaled a buy on 4/29 the stock gained 11.69%.

 Royal Bank of  Canada (RY) operates under the master brand name of RBC. It is Canada's largest bank as measured by assets and market capitalization, and one of North America's leading diversified financial services companies. It provides personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services on a global basis. They have approximately Seventy Thousand full- and part-time employees who serve more than 15 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 36 other countries.
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US Weekly Economic Calendar

time (et) report period Actual CONSENSUS
8:30 am Chicago Fed national activity index June -- 0.18
8:30 am Consumer price index June 0.3% 0.4%
8:30 am Core CPI June 0.2% 0.3%
10 am Existing home sales June 5.00 mln 4.89 mln
10 am FHFA house price index May -- 5.9% yoy
None scheduled
8:30 am Weekly jobless claims 7-19
308,000 302,000
9:45 am Markit flash PMI July -- 57.3
10 am New home sales June
475,000 504,000
8:30 am Durable goods orders June 0.0% -0.9%
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