from King World News
Today
an acclaimed money manager told King World News that “2015 and 2016
will be among the most critical years in Western civilization.” He also
said that gold is going to regain it prominence in the monetary system
and silver is headed into the stratosphere.
Stephen Leeb: “Above all I am focused on oil prices and its temporary
negative effect on gold. But longer-term what is developing is
phenomenally bearish for the West and bullish for the East. Several
reports from brokerages, Goldman Sachs among them, have been released in
recent days saying that if oil prices stay near current levels you
could see a $1 trillion reduction in capital expenditures across the
globe.
Continue Reading at KingWorldNews.com…
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Saturday, December 20, 2014
Historical reminder on the mirage of central bank ‘control’ on markets
As Russia is re-learning this morning, Central Banks tinker at the edges of sentiment. Sometimes they are successful in swaying it one way and another–at least for a while. But in the end, their ‘bold’ interventions fail miserably, lurching from one crisis to the next, evaporating buckets of taxpayer dollars in the process. See: Russian rate hike fails to stop the Ruble’s crash.
Here is a direct video link to a BBC documentary on the Sterling crash of September 1992 when the British government lost ‘control’.
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The 10 Best Stocks in Canada
Passive investors — those who only invest in index or mutual
funds — are really at the whims of the market. Unfortunately, the market
can be quite fickle as it can go from having a good year, to turning in
lousy performance faster than your broker can send you the next
quarterly statement. We saw this at the end of 2014 as tumbling oil
prices took the resource-focused Canadian stock market down with it.
Thankfully, there is a much better way to invest than to be tossed and turned by the whims of the market. Simply invest in great stocks and hold them for the long term. We see this demonstrated by looking back at the great stocks of the past decade, where long-term holders saw returns of 1,000% or more, while the Canadian stock market, as measured by the S&P/TSX Composite, was only 56%. (more)
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Thankfully, there is a much better way to invest than to be tossed and turned by the whims of the market. Simply invest in great stocks and hold them for the long term. We see this demonstrated by looking back at the great stocks of the past decade, where long-term holders saw returns of 1,000% or more, while the Canadian stock market, as measured by the S&P/TSX Composite, was only 56%. (more)
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Four Safe Oil Stocks to Buy Today: DRQ, PSI.TO, DMLP, WPT
Oil stocks are down big over the past few months... and that has many investors looking to buy.
But if you buy the wrong ones, you could lose a lot of money. As we've shown you before, even many giant, well-known oil stocks have more room to fall.
Today, I'll show you several ways to find a safe, stable company in
the oil sector. And four stocks that should weather the turbulence in
the oil market well...
As regular Growth Stock Wire readers know, oil prices have
collapsed. The price of West Texas Intermediate (WTI) crude oil is down
nearly 50% from its June high. And the decline in oil prices has
destroyed oil stocks.
For example, Bakken producer Continental Resources is down 55% over
the past four months. Shale producer Halcón Resources peaked at $7.50
in July. Today it trades near $2. (more)
Follow Icahn's Lead to 40% Potential Upside in This Beleaguered Stock: Hertz Global Holdings (NYSE: HTZ)
Among the phrases that investors hate to hear, "accounting restatements" ranks near the top.
At a minimum, it means that a company maintained sloppy accounting standards. Worst case, it means that a fraud was perpetrated, such as a leading sales executive lying about contracts or a financial officer cooking the books.
Yet, there can be a silver lining. It can push shares well below intrinsic value to the point that upside results simply from new management cleaning up the mess. That's the setup in place for Hertz Global Holdings (NYSE: HTZ) (more)
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At a minimum, it means that a company maintained sloppy accounting standards. Worst case, it means that a fraud was perpetrated, such as a leading sales executive lying about contracts or a financial officer cooking the books.
Yet, there can be a silver lining. It can push shares well below intrinsic value to the point that upside results simply from new management cleaning up the mess. That's the setup in place for Hertz Global Holdings (NYSE: HTZ) (more)
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Teradata Corporation (NYSE: TDC)
Teradata Corporation provides analytic data platforms, marketing and
analytic applications, and related consulting services in the United
States and internationally. Its analytic data platforms comprise
software, hardware, and related business consulting and support services
for data warehousing, active intelligence, big data analytics, and data
discovery. The company’s products comprise Teradata Analytic Database
Software that delivers near real-time intelligence; Teradata
Workload-Specific Platforms; Teradata Aster Discovery Platform, which is
pre-configured with Teradata Aster Database; and Teradata Logical Data
Models that are blueprints for designing an integrated data warehouse.
Take a look at the 1-year chart of Teradata (NYSE: TDC) with the added notations:
TDC has been trading sideways for all of 2014. In addition, since the beginning of February, the stock has found support at $40 (green) whenever that level has been approached. Now that the stock is there again, traders should be able to expect some sort of bounce. However, if the $40 support were to break, much lower prices should follow.
The Tale of the Tape: TDC has a key level of support at $40. A trader could enter a long position at $40 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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Take a look at the 1-year chart of Teradata (NYSE: TDC) with the added notations:
TDC has been trading sideways for all of 2014. In addition, since the beginning of February, the stock has found support at $40 (green) whenever that level has been approached. Now that the stock is there again, traders should be able to expect some sort of bounce. However, if the $40 support were to break, much lower prices should follow.
The Tale of the Tape: TDC has a key level of support at $40. A trader could enter a long position at $40 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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Soybeans Likely The Next Market to Take a Big Dump
A look at the January soybean chart indicates that
prices are roughly the same price level as they were at the end of
October. Taking out a couple of extreme sessions from both the upper end
and the bottom end, January soybeans have been range bound between
$10.20 and $10.50. Currently prices are near the low end of this range.
Generally speaking, the market has been stronger than what we would
have expected given the bearish fundamentals.
The USDA is
providing some new information as "food for thought" moving into next
year. In its baseline projections, the USDA recently indicated they'll
be projecting soybean acreage next spring at 84.0 million acres,
virtually identical to planted acreage this year. It further projects a
slowdown in usage resulting in rising projected ending stocks pegged at
519 million bushels for the next crop year. This compares with recent
projections of 410 million bushels carryout for the 2014/15 marketing
year. (more)Please share this article
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