Wednesday, June 10, 2015

Marriott International Inc (NASDAQ: MAR)

Marriott International, Inc. operates, franchises, and licenses hotels and timeshare properties worldwide. It operates through three segments: North American Full-Service, North American Limited-Service, and International. The company also licenses the development, operation, marketing, sale, and management of vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, The Ritz-Carlton Destination Club, and The Ritz-Carlton Residences brands to the Marriott Vacations Worldwide Corporation. In addition, it operates, markets, and develops residential properties, as well as operates and franchises hotels and resorts; and provides services to home/condominium owner associations.
Take a look at the 1-year chart of Marriott (NASDAQ: MAR) below with my added notations:
1-year chart of Marriott (NASDAQ: MAR)
MAR has formed a support level near $77.50 (green). In addition, the stock is declining against a short-term, down trending resistance level (red) over the past several of weeks. These two levels combined have MAR stuck within a common chart pattern known as a descending triangle. Eventually, the stock will have to break one of those levels.

The Tale of the Tape: MAR has a down trending resistance and a $77.50 support level to watch. A long trade could be made on a breakout through the resistance or on a pullback to $77.50. A break below the $77.50 support would be an opportunity to enter a short trade.
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Is Silver Ready For A Reversal?

We have recommended that you buy silver at the current low levels for months now…

Not necessarily because silver’s due for a huge spike — although that case was made in our 2015 silver price forecast — but because if you buy silver in small allocations, it can act as insurance for your broader portfolio in case markets go south. (more)

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Cardiff Energy CRS.V - Oil Junior Resource Stock

There are times during market cycles when I like to own shares of some junior companies. When a major shift looks imminent within a market or sector just like we saw in 2000 and again in 2008 I like to hold shares in companies which have the potential to rally several hundred percent.

The story behind Cardiff Energy stock is real and the horizontal well which they will start drilling mid-June 2015 has the potential to generate 5-7 times of a vertical well. Below is the chart with my short term targets.

The low priced crude oil is wreaking havoc with oil companies and share prices. The best plays are those who have the lowest cost of production per barrel and I heard this well could produce profits even if oil was trading at $25 per barrel and sold at WTI pricing with no discount.

The energy behind this share price is very impressive and shows that investors are confident in the horizontal well. If they strike oil who knows where the share price could rally to.

crs2


Cardiff is currently doing a private placement to raise capital and if I’m correct investors can get shares at 25% discount from the current market value. And from what I understand they have room for a few more small investors.Please share this article

Mark Hulbert: Still to many bulls in this Gold market

There are still too many gold bulls, and that means it will continue to frustrate those who think bullion has begun a new bull market.
It was one month ago, you may recall, I concluded that the gold market rests “on a shaky sentiment foundation.” Gold bullion today is trading for about $15 an ounce less.
Unfortunately, contrarian analysis doesn’t reach any more bullish a conclusion today than then, despite breathless excitement about a new bull market that is imminent.
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European Stocks Plunge To 4 Month Lows, Suffers Worst Losing Streak Since 2014

European stocks (Euro Stoxx 600) are down 8.45% from their April highs, down 6.15% in the last 9 days and are down 6 days in a row for the first time since December... In other words, either a) Q€ is not working as Draghi et al. say it is; b) Grexit contagion risks are anything but contained; or c) The European economy is not recovering as per the talking heads and investors are being slapped into that realization.


Q€ gains gone.
And don't try and claim that Bund yields are surging because investors think the recovery is here (or inflation is picking up).

Charts: bloomberg
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