US Silica (SLCA)
has 15 facilities in all and uses 5,000 railcars to transport material
to 36 transload facilities in oil and gas basins and to other
customers.
Business has been very, very good heretofore, with the company
barely able to keep up with demand. And then oil prices crashed.
However, US Silica has been benefiting from the trend toward longer
laterals being drilled, more sand being used per frac stage, and more
stages per well, with some firms doubling or tripling their sand usage
because of the excellent payback in terms of increased production. (more)
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Thursday, February 12, 2015
Foot Locker, Inc. (NYSE: FL)
vate-label merchandise, and accessories through Internet Websites, catalogs, and mobile devices.
Take a look at the 1-year chart of Foot Locker (NYSE: FL) below with added notations:
After a steady 6-month rally, FL has been trading sideways since the September peak. During the sideways move the stock has formed a common pattern known as a rectangle. A minimum of (2) successful tests of the support and (2) successful tests of the resistance will give you the pattern.
FL’s rectangle pattern has formed an $58 resistance (red) and a $52 support (blue). At some point the stock will have to break one of the two levels.
The Tale of the Tape: FL is trading within a rectangle pattern. The possible long positions on the stock would be either on a pullback to $52 or on a breakout above $58. The ideal short opportunity would be on a break below $52.
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Take a look at the 1-year chart of Foot Locker (NYSE: FL) below with added notations:
After a steady 6-month rally, FL has been trading sideways since the September peak. During the sideways move the stock has formed a common pattern known as a rectangle. A minimum of (2) successful tests of the support and (2) successful tests of the resistance will give you the pattern.
FL’s rectangle pattern has formed an $58 resistance (red) and a $52 support (blue). At some point the stock will have to break one of the two levels.
The Tale of the Tape: FL is trading within a rectangle pattern. The possible long positions on the stock would be either on a pullback to $52 or on a breakout above $58. The ideal short opportunity would be on a break below $52.
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Giulio Gallarotti: The Power Curse, McAlvany Weekly Commentary
About this week’s show:
-Complexity is creating huge moral hazard
-Currency Wars are now the primary form of leverage
-Insensitivity to danger makes us RIPE for Collapse
-Be sure to read and purchase: The Power Curse: Influence and Illusion in World Politics
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-Complexity is creating huge moral hazard
-Currency Wars are now the primary form of leverage
-Insensitivity to danger makes us RIPE for Collapse
-Be sure to read and purchase: The Power Curse: Influence and Illusion in World Politics
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5 Low-Risk Winners for 2015
Now that 2015 is under way, it’s time to try and peg which stocks are going to perform the best during the year.
I expect a lot of pundits point to the momentum names, like Chipotle Mexican Grill (CMG), and they very well be right. After all, over the last five years, Chipotle has been delighting investors as its overstuffed burritos have delivered returns of 547%.
There’s a critical element missing in these predictions, however…(more)
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I expect a lot of pundits point to the momentum names, like Chipotle Mexican Grill (CMG), and they very well be right. After all, over the last five years, Chipotle has been delighting investors as its overstuffed burritos have delivered returns of 547%.
There’s a critical element missing in these predictions, however…(more)
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Marriott International (NASDAQ: MAR)
One of my favorite strategies is to buy stocks that remain below prior
highs but are in sectors that are already showing strength. As long as
the stock is technically sound, it is ripe to play catch-up.
Most technical analysts will agree that a good deal of any stock's potential for gains depends on the overall strength of its sector. (more)
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Most technical analysts will agree that a good deal of any stock's potential for gains depends on the overall strength of its sector. (more)
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