COMING FINANCIAL COLLAPSE October Surprise Could Start Stock Market Crash Martin Armstrong

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Stocks to Watch: EYES, WIFI, VLTC

The daily technical chart of Second Sight Medical Products Inc (NASDAQ:EYES) suggests that the stock could be on the verge of breaking out from a three-month Cup with Handle formation. This is a bullish pattern and once price breaks out of the neckline, it would give a target of around $20. Technically speaking, the stock is showing some strength along with the momentum. Adding to my conviction is that the stock continues to trade above all the exp moving averages and specially the ever critical 200-EMA which is now located at 12.92. Long setup on watch.

Boingo Wireless Inc (NASDAQ:WIFI) had a nice surge a few weeks ago and has been in the process of consolidating. Breakout over $9.20 for a daytrade.

Voltari Corp (NASDAQ:VLTC) Ready for a big move. MACD indicator began showing signs of reversal, and a break above resistance at 7.50 would open the door for a rally to test the recent highs.

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Merrimack Pharmaceuticals Inc (NASDAQ: MACK)

Merrimack Pharmaceuticals, Inc., a biopharmaceutical company, engages in discovering, developing, and preparing to commercialize medicines paired with companion diagnostics for the treatment of cancer primarily in the United States. Its therapeutic oncology candidates in clinical development include MM-398, a nanotherapeutic encapsulation of the chemotherapy drug irinotecan, which is has completed Phase III clinical trials for the treatment of patients with metastatic pancreatic cancer whose cancer had progressed on treatment with the chemotherapy drug gemcitabine; in a Phase I clinical trial as a monotherapy in patients with glioma and in combination with cyclophosphamide in patients with pediatric solid tumors; and in a Phase 1 translational clinical trial designed to identify predictive biomarkers associated with MM-398.
Take a look at the 1-year chart of Merrimack (Nasdaq: MACK) below with my added notations:

Over the last 4 months MACK had created a key trendline of support (green), which was also a prior resistance, and that level was also the “neckline” support for the stock’s head and shoulders (H&S) reversal pattern. Above the neckline you will notice the H&S pattern itself (red).
Remember, patterns such as an H&S need to confirm to have the meaning that they imply. Confirmation of the H&S occurred when MACK broke below its trendline support.

The Tale of the Tape: MACK has confirmed a head & shoulders pattern. A short trade could be entered anywhere near the prior trendline with a stop placed above that level. A break back above that trendline could negate the forecast for a move lower, thus a long position could be considered instead.
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3 Stocks That Profit From ‘Disaster Capitalism’ : TTEK, FLR, ABB

Extreme weather events, terrorism, war, famine… Humanity confronts a host of calamities on a continual basis. Climate change only exacerbates the growing sense of global peril.
That’s why “disaster capitalism” is highly profitable these days. Three construction-related companies are leaders in helping beleaguered governmental and corporate managers on the front lines.
Today, global instability does not just benefit a small group of arms dealers; it generates huge profits for the high-tech-homeland-security sector, for heavy construction, for private health-care companies, for the oil and gas sectors — and, of course, for defense contractors. (more)

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