Four Tech Stocks to Buy at "Stupid Cheap" Prices: BITA, SLCA, FLT, AMBA

It was Oct. 19, 1987 – Black Monday – and the stock market had just crashed. At the time, I was an analyst in the Financial District in San Francisco.
My then-boss called me from Wall Street. And he sounded like he was ready to sell everything.
But I had other ideas.
After all, if Macy's holds a 25% off sale, shoppers rush down in droves. So why do so many investors panic when the market corrects?
By doing so, they miss out on great bargains.
We're not doing that. We're going shopping…(more)

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JC Penney Company Inc (NYSE: JCP)

J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating.
Take a look at the 1-year chart of Penney’s (NYSE: JCP) with the added notations:

After trading mostly sideways from March through July, JCP took off to new highs. Unfortunately, the stock fell off a cliff after that. You will notice that since March the stock has found support at $7 (blue) whenever that level has been approached. Now the stock is almost there again. Traders should be able to expect some sort of bounce, but if not, new lows for the year will follow.

The Tale of the Tape: JCP has a key level of support at $7. A trader could enter a long position at $7 with a stop placed under the level. If the stock were to break below the support a short position could be entered instead.
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Should You Buy Steel Stocks Now?

After enjoying sturdy growth for most of the past decade, the steel industry suffered a setback in 2008 due to the recession, as consumers started utilizing existing inventories rather than buying new stock. However, the industry turned around in late 2009 and continued to grow thereafter, in tandem with global economic recovery.

Demand for steel benefited from the spurt of growth witnessed in the developing economies that helped counter the sluggishness in developed economies. Asia -- particularly China -- continued to act as the principal growth driver. (more)

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Bobby Casey: Diversify Your Portfolio Now

Bobby Casey, a renowned speaker on anarcho-capitalism, free-market economics, and offshore businesses joins Stansberry Radio

Why is now the time to internationally diversify your portfolio?

Listen as Bobby shares his view on how to achieve true freedom by internationalizing your life using the "the multi-flag approach."

Bobby talks about the implications of FATCA, the Foreign Account Tax Compliance Act. He considers it one of the worst pieces of legislation ever written... that few people know exists. Find out how this new law forces all international banks to become part of the IRS's worldwide police force.

Bobby also tells the listeners what he believes are the best ways to diversify their portfolios. He emphasizes the importance of:

·         Owning foreign real estate
·         Why investors should use the "Buffet Approach"
·         Geo-political diversification
·         Why everyone should own hard assets
·         Having a second passport
·         How Airbnb.com is becoming a great business for international investors

Although it's becoming much more legally difficult to invest internationally, it's not too late.

This is a good show that will make you think about how you diversify your money and keep it safe. (click here for audio)

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