Chinese Stocks Crash Most Since Feb 2007, Futures Limit-Down After Regulatory Crackdown On Margin-Trading

UPDATE:

• *SHANGHAI COMPOSITE HEADS FOR BIGGEST LOSS SINCE FEBRUARY 2007
• *CHINA CSI 300 INDEX FUTURES FALL BY 10% LIMIT

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Procter & Gamble (NYSE: PG) is Just 50 Cents Away From a Technical Breakdown

On this blue chip's chart we see a variation of a head-and-shoulders top. This pattern is marked by a central peak flanked by two smaller peaks, and the lows between the peaks are roughly equal.

This tells us the stock pulled back harder the last time than it did the time before, and then the ensuing rally failed to set a higher high to drive home the point that the trend was in danger. (more)

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A Fresh Approach to Trading S&P 500 Futures in 2015

As we begin 2015, there are plenty of opinions on this year's potential stock index futures market returns. The median forecast is around a 15% gain for 2015. Do you really put any faith in a financial markets ommentator's opinion whose apparent job is to be market cheerleader - a "perma-bull" perhaps????  Investors are getting drunk on 25% returns over the past three years. Why should this year be any different? Well let's technically analyze this market on a monthly basis and come up with an objective strategy!

S&P 500 Futures  - Monthly Continuation

   

Bottom Line Analysis:

Key off 2036 as the long, or short trigger event. On any close above 2036 for S&P 500 futures look for monthly resistance points to be upside targets. Conversely, if closes are below 2036 look for monthly support levels as downside targets.Please share this article

Former White Official Warns Another Derivatives Nightmare Is About To Shock The World

kingworldnews.com / January 19, 2015
After a week of historic drama that was kicked off when the Swiss central bank surprised market participants by dropping their currency peg to the euro, today a former White House official warned King World News that things are about to get even worse as another derivatives nightmare is about to shock the world.
Dr. Malmgren:  “Eric, the bank runs in Europe are happening simultaneously with the first big bankruptcy in the fracking world.  As the oil price has plunged it has begun to expose which businesses in the United States are simply no longer financially viable….
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1-800-Flowers.Com Inc (NASDAQ: FLWS)

1-800-FLOWERS.COM, Inc. operates a florist and gift shop in the United States. The company operates in three segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service. It offers various products, such as fresh-cut flowers, floral and fruit arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candies, wine, candles, balloons, and plush stuffed animals. The company provides gourmet gifts, such as popcorn and specialty treats from thepopcornfactory.com; cookies and baked gifts from cheryls.com; chocolates and confections from fanniemay.com and harrylondon.com; gift baskets and towers from 1-800-BASKETS.COM; carved fresh fruit arrangements from FruitBouquets.com; steaks and chops from stockyards.com; and invitations and personal stationery from FineStationery.com.
Take a look at the 1-year chart of Flowers (Nasdaq: FLWS) below with my added notations:

Over the last few months FLWS has created a key trendline of support (green) at $7.30 and that line is also the “neckline” for the stock’s head and shoulders (H&S) reversal pattern. Above the neckline you will notice the H&S pattern itself (red). Confirmation of the H&S would occur if FLWS breaks its trendline support, while a move above the $8.50 resistance would negate the pattern.

The Tale of the Tape: FLWS has formed a head & shoulders pattern. A long trade could be made at $7.30 with a stop placed below that level, but ideally, the pattern implies a short trade to be entered on a break below that level instead.
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