Saturday, November 1, 2014

Twitter (NYSE: TWTR) Stock's Chart Screams, 'Sell!'

Social media giant Twitter (NYSE: TWTR) cratered 10% Tuesday despite reporting that revenue more than doubled in the third quarter. Investors were much more concerned with its slowing user growth.
TWTR is a stock that respects its technical parameters, making it ideal for swing traders. Now that earnings are in, there looks to be an opportunity to make quick profits on the short side.
Revenue of $361 million for the quarter beat analysts' estimates for $351.5 million. Adjusted earnings per share of $0.01 met expectations, and the company raised its guidance for the full year. (more)

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The Rise And The Fall Of The Bankster (Full Movie)

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Time to Buy Oil Stocks?

The last time I filled up my car, I paid $2.90 a gallon for gasoline.
Amazing. I really didn't think we'd see gas prices under $3 a gallon again...
As a consumer, I love it. I'm saving around $60 a month. I'm sure plenty of Americans are saving even more.
But as an investor, I have to wonder if this drop in oil prices is a good thing. Can U.S. producers survive $80 a barrel oil? Perhaps more importantly, can we continue to make money from oil stocks?
Investors have made a bundle from a new breed of oil companies working the shale fields like North Dakota's Bakken and the Eagle Ford in Texas, which have pushed U.S. production to levels not seen since 1986. (more)

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Will The Grain Rally Continue?

Grain markets have rallied in October more than many fundamental analysts and traders thought would happen. Yes, I was surprised. I say many thought it could happen because the market for months has been headed lower and the tendency over the long run for reporting on markets is to go with the flow.

At the end of September, I wrote a report and thought October would move sideways to down. As I pointed out, going back as I did to 2010, it is fairly common.

Throughout my August and September reports I pushed for the grain producer that isn't hedged, October is about the basis, to get hedged. With a large crop basis normally widening it is a barometer for the futures market. It determines the price the farmer will receive in the geographic location where they grow their crops. Over the past few days the cash price farmers have been getting compared to the action on the futures has been the reason for many calls I have had from farmers. In many areas cash has moved opposite of futures. Cash prices have moved up with futures, but cash compared to futures cash has widened out. (more)

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Bob Moriarty: Flock of Black Swans Points to Imminent Stock Market Crash

by Karen Roche
The Gold Report

Between a rising U.S. Dollar Index and black swan events around the world, it’s looking like bunker time for Bob Moriarty. In his latest interview with The Gold Report, the founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves. But it’s not all gloom and doom: Moriarty also discusses metals companies with “no-lose deals,” where resource investors can take advantage of more than favorable odds.
The Gold Report: Bob, in our last interview in February, we had currency devaluation in Argentina and Venezuela. We had interest rate hikes in Turkey and South America. We had a cotton and federal bond-buying program. Just eight months later in October, we’ve got Ebola. We’ve got ISIS. We’ve got Russia annexing Crimea. We’ve got a rising U.S. Dollar Index. We’ve got pullbacks in gold, silver and pretty much all commodity prices. With all this news, what, in your view, should people really be focusing in on?
Bob Moriarty: There is a flock of black swans overhead, any one of which could be catastrophic. The fundamental problems with the world’s debt crisis and banking crisis have never been solved. The fundamental issues with the euro have never been solved. The world is a lot closer to the edge of the cliff today than it was back in February.
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Nikkei Futures Up Limit, Yen Collapses, Dollar Up, Gold Down as BoJ Pledges “Unwavering Determination” to Get 2% Inflation / Mike “Mish” Shedlock / October 31, 2014
“Whatever it Takes” Japanese Style
It’s a world truly gone mad.
In a surprise move today, the Bank of Japan announced further quantitative easing, dominated by long-term Japanese government bonds. The BoJ also announced it  and would triple annual purchases of exchange traded funds and property investment trusts.
BoJ governor Haruhiko Kuroda defied objections from four fellow board members, arguing that a tax-hit economy and a lower oil price have led to “a critical moment” in the country’s bid to escape from deflation.
The Financial Times quotes Kuroda as follows: The extra action “shows our unwavering determination to end deflation. There was a risk that despite having made steady progress, we could face a delay in eradicating the public’s deflation mindset. This is a pretty drastic step, so I think there will be a significant effect [on the economy].”
Stunning Market Reaction
  • Nikkei futures up lock limit (1160 points)
  • S&P 500 up 1.0% (new all-time high)
  • Yen plunges 2.5%
  • Dollar rises 0.9%
  • Gold sinks 2.75%
  • Oil down 1.1%
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Maguire: This Triggered The Massive Selloff In Gold & Silver / October 31, 2014
Today London metals trader Andrew Maguire spoke with King World News about exactly what triggered today’s stunning and massive selloff in gold and silver.  Below is what Maguire had to say in Part II of an extraordinary series of interviews being released today on KWN.
Eric King:  “Andrew, we are seeing a continuation of the smash in gold and silver.  What are your thoughts here as you are watching this?”
Maguire:  “First thing this morning, after the Bank of Japan decision, things got a bit roiled.  But what I did see was a fully-timed algorithm kick off at exactly 7 AM U.K. time.  There is only one seller that can come up with 50 tons of paper gold in a matter of 3 or 4 minutes and that is the Bank for International Settlements….
Continue reading the Andrew Maguire interview below…
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