There are plenty of aggressively valued tech stocks. Fast-growing
companies often invite investor interest and enthusiasm, and lead to
rich multiples. But are there bargains to be found as well? We
asked three Motley Fool contributors to pick the most undervalued tech
stocks in the market today. Read on to see what they had to say about Google (NASDAQ: GOOG ) (NASDAQ: GOOGL ) , Qualcomm (NASDAQ: QCOM ) , and Take-Two Interactive (NASDAQ: TTWO )
Joe Tenebruso (Google): At Tier 1 Investments, a Motley Fool Real-Money Portfolio,
I seek out and invest in the world's elite businesses. These include
companies with the strongest competitive advantages, largest growth
opportunities, and excellent management. They are the innovators,
disruptors, and best of breed. These businesses are ... Tier 1. (more)
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Tuesday, January 13, 2015
The World Is Now Teetering On The Brink Of Two Disastrous Outcomes
kingworldnews.com /
With oil plunging nearly $2.50 to $46.60 a barrel, and continued uncertainty in global markets, today one of the greats in the business told King World News that the world is now teetering on the brink of two disastrous outcomes. He also discussed how these disastrous outcomes will impact global markets.
James Turk: “The economic outlook over here in Europe, Eric, is a lot more realistic than it is in the US. This disparity is clear from the following chart of three stock market indices: S&P 500, FTSE 100 and CAC 40. There is an eye-popping divergence between the latter two, which are rolling over, and the S&P 500, which remains in an uptrend (see chart below).
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With oil plunging nearly $2.50 to $46.60 a barrel, and continued uncertainty in global markets, today one of the greats in the business told King World News that the world is now teetering on the brink of two disastrous outcomes. He also discussed how these disastrous outcomes will impact global markets.
James Turk: “The economic outlook over here in Europe, Eric, is a lot more realistic than it is in the US. This disparity is clear from the following chart of three stock market indices: S&P 500, FTSE 100 and CAC 40. There is an eye-popping divergence between the latter two, which are rolling over, and the S&P 500, which remains in an uptrend (see chart below).
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Gold Breaks Above Its 6 Month Downtrend Line
As reported by www.ChartAnalyst.expert in their last metals update “Gold Breaks Through Its Technical Trend Line,” there is a clear break out in gold and the miners (courtesy of StockCharts.com).
The Gold Tracking ETF GLD finally broke above a downtrend line today. The first chart shows that gold broke above the 6 month downtrend line. However, it is still trying to break above the red trend line which would mark a breakout above a basing area for GLD. On ChartAnalyst.expert, there is a technical view on the daily chart, but we prefer to take a look at the weekly chart. We can see it broke through support/resistance around 115. Now it has been able to base in this area and turn higher.
It looks really promising for the gold stocks here but we are still early in a trend breakout. Here is a look at the miners in Canada. That breakout is really nice but as XGD is right at the 200 DMA, a pause might give an excellent entry opportunity.
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The Gold Tracking ETF GLD finally broke above a downtrend line today. The first chart shows that gold broke above the 6 month downtrend line. However, it is still trying to break above the red trend line which would mark a breakout above a basing area for GLD. On ChartAnalyst.expert, there is a technical view on the daily chart, but we prefer to take a look at the weekly chart. We can see it broke through support/resistance around 115. Now it has been able to base in this area and turn higher.
It looks really promising for the gold stocks here but we are still early in a trend breakout. Here is a look at the miners in Canada. That breakout is really nice but as XGD is right at the 200 DMA, a pause might give an excellent entry opportunity.
READ MORE
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Oil slumps 5 percent after Goldman slashes price forecast to $40 per Barrel
NEW YORK (Reuters) - Oil slumped
5 percent to near six-year lows on Monday, accelerating its months-long
rout after Goldman Sachs slashed its short-term price forecasts and
Gulf producers showed no signs of curbing output.
Brent
was down $2.34 to $47.78 a barrel by 11:47 a.m. EST (1637 GMT), after
dropping as low as $47.18 to its lowest since April 2009.
U.S. crude oil was down $1.98 at $46.38 after earlier hitting a low of $45.90, also near six-year low. (more)
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