Thursday, June 11, 2015

LinkedIn (NASDAQ: LNKD): Chart Predicts 25% Rally

It's not often that a stock suffers technical destruction and repairs itself in just a few weeks. But that is what seems to be happening to professional social media site LinkedIn (NASDAQ: LNKD).
And the way it has performed recently suggests it has plenty of gas in the tank.
On April 30, the company issued a warning that Q2 revenue and earnings would fall short of expectations. The next day the stock cratered 19% to smash through its one-year trendline and 200-day moving average on huge volume, which is often the case when a stock purges.  (more)

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Martin Armstrong: Sovereign Debt Crisis Underway; Fuse Lit in Europe

Broadcast live streaming video on Ustream

Famed Forecaster and developer of the Economic Confidence Model Martin Armstrong @StrongEconomics and The Forecaster movie Director Marcus Vitter @BukeraPictures came to the FXStreet Live Analysis Room and shared ideas about the economic and political situation.
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The Trap: Borrow Lots and Buy Stocks! McAlvany Weekly Commentary

About this week’s show:
-Stock margin debt tops 500 billion: be very afraid
-Gold shares/physical silver outperforming gold: good sign
-Raise cash & gold positions to avoid the paper crash

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Uranium Energy Corporation (NYSE: UEC): One of My Top Uranium Plays

It’s no secret I’m a uranium bull.
Today I’d like to share with you a way to play it, called Uranium Energy Corporation (NYSE: UEC).
There are fewer than a dozen or so companies that produce uranium in the entire world. Several of those are state-owned entities like Rosatom and Kazatomprom.
Uranium Energy Corp. is producing uranium right here in Texas.
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