Crude Oil buying opportunity

The daily chart on crude has changed to down my work suggest that when the 9 period Moving average (P M A) crosses the 20 P M A the trend has changed to down. However the crude has not given a sell signal nor has it established to be in a longer term trend down. I have videos that explain this feel free to ask me for them. Crude Oil today has a King's Cross buy signal. I like trading the King's Cross signals that are going with the over trend looking at the 50 P M A (blue line on chart below) the trend is still up. (more)

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American Electric Power Company Inc (NYSE: AEP)

American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The company generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. As of January 28, 2015, the company delivered electricity to approximately 5.3 million customers in 11 states. In addition, it transports liquid, coal, and dry bulk commodities primarily on the Ohio, Illinois, and lower Mississippi rivers. The company owns and leases approximately 2,300 barges, 37 towboats, and 18 harbor boats.
Take a look at the 1-year chart of American (NYSE: AEP) with the added notations:

AEP rallied strongly higher from its August low. Once the stock peaked, and then fell lower into March, the following 3 months found AEP hitting support at $54 (green). That same $54 support was also a resistance back in July. Now that the stock looks like it may be falling down to that support level again, traders should be able to expect some sort of bounce. However, if the $54 support were to break, lower prices should follow.

The Tale of the Tape: AEP has a key level of support at $54. A trader could enter a long position at $54 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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Hain Celestial Group (NASDAQ: HAIN): Wildly Overvalued Company is Set to Plunge

At the end of February, I made the case for a looming market correction based on slowing economic data, downward revisions in corporate earnings growth and the S&P 500’s high price-to-earnings (P/E) ratio.
Over the following two weeks, the S&P 500 dropped more than 3% before trading back up and hitting new all-time highs. But I don’t think we’re in the clear yet.
During the first quarter, the companies of the S&P 500 delivered another lackluster performance, with net earnings rising a paltry 2.4% year over year while revenue contracted 3.7%. Take out financial stocks and total earnings growth would have actually contracted 1.2% year over year.  (more)

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The Real World of Money with Andrew Gause

Chained to the Dollar: The Ultimate Unknown Slavery

Topics
-Protecting for coming inflation is your primary duty for your financial stability
-Why our being “chained to the dollar” is not going to end any time soon.
-Money velocity is down and people storing dollars is rising
-We explain clearly why and how the bond market’s work and how the profits are made by the connected people
-The increase in global debt is astonishing
-Corporations and municipalities are borrowing more than ever
-Andy sees Greek default but not a Greek exit from the Euro
-How the USG is working to take over private pension funds
-How and why the biggest tax hike in U.S. history, 1986, has been squandered
-What is an IMF SDR and why it is irrelevant
-Andy explains how “Free Trade” trades manufacturing jobs for financial institutions gain
-ISIS – and what went wrong
-Asking the musical question “What is money?” and what are the implications of the question
-FED is still in QE with 14 Billion in MBS purchases last month
-An economic slow down is ongoing..facts show clearly
-The Student Loan dilemma – what is going on
-The new Silk Road
-The day an American baby  is born, he/she is born with 70,000 of debt

Click to listen
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Loonie approaches lowest level in a month as economy shrinks

The Canadian dollar approached the lowest level in more than a month as a first-quarter economic contraction keeps alive speculation the Bank of Canada will cut interest rates again this year.
The currency fell against all but one of its major peers after Statistics Canada said gross domestic product fell at a 0.6 percent annualized pace, the most since the 2009 recession. The Bank of Canada forecast for flat growth in the quarter. The central bank cut rates in January as “insurance” against collapsing prices of crude oil, Canada’s largest export, while forecasting faster growth in the latter part of the year. (more)

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