Monday, June 22, 2015

Marin Katusa – Making Money in Junior Minors is All About Management and Patience

from Financial Survival Network
Marin Katusa now has his own website KatusaResearch.com where he shares his thoughts and research about the resource sector. Marin has been extremely successful investor. We discussed where we are in the cycle and what an investor needs to do to pick the winners in this depressed sector. The last time Marin and I spoke, he called the coming downturn. He thinks it’s going to continue for a while but there’s hope. As long as able managers such as Keith Neumeyer stick around, there’s potential for large gains ahead. * Contains sponsored material.
Click Here to Listen to the Audio
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Stocks To Watch: ISIL, CBAY, HDS, FB

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Intersil Corp (NASDAQ:ISIL) broke the downtrend line last week on decent volume and looks like it is taking a little breather here before moving back above the $13.70 zone which would be the next buy point. If momentum continues as I expect next week, I think there are lot of profits left on the table for traders to capitalize on. Options traders are buying calls. A quick look at the technical daily chart : 

1) MACD lines are going up 
2) RSI still above the neutral 50 level at 54, buyers strength still persists. 
3) CMF is positive 
4) The +DI crossed up through the -DI las week - Bullish. 
5) OBV still climbing. 
6) The accumulation/distribution indicator shows the stock is under strong accumulation 

Honestly speaking, there is some upside potential, which makes it worth watching for the next few days. Keep watching the stock.



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CymaBay Therapeutics Inc (NASDAQ:CBAY) formed a bullish candle on the daily technical chart and reversed higher on solid volume from the key long-term support level. The stock is on the cusp of a move higher that could take it to the 100-day EMA at 4.20 pretty easily.


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HD Supply Holdings Inc (NASDAQ:HDS) tagged a new 52-week high on Friday but closed poorly. Shareholders may remain invested with a stop-loss at $33.80 (20EMA).

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Facebook Inc (NASDAQ:FB) has been consolidating the past few days and just recently started inching above most of the consolidation zone. Volume is starting to pick up and there could be a decent short squeeze if it clears the 83.20 level. On watch.
 
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HPQ Stock Could be a Bottom Fisher’s Dream

Hewlett-Packard Company (HPQ) — This leading maker of computers, printers and servers has a large service and support network.
On May 21, Hewlett-Packard reported fiscal second-quarter earnings of $0.87 per share, beating the consensus estimate by a penny. However, revenue of $25.5 billion fell slightly short of expectations due mostly to foreign currency effects and weather-related issues. But analysts are confident that cost-cutting will bring positive returns.  (more)

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15 Stocks on the Verge of Signaling 'Buy'

As Chief Investment Strategist of Profitable Trading's Alpha Trader service, I've noticed a clear trend emerging over the past few weeks.
When I ran my algorithms to screen the market for our next big winners, two things leapt out at me -- and both are bullish signs.
First, the number of stocks I've been recommending to subscribers is running at twice its "normal" rate.   (more)

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US Weekly Economic Calendar

time (et) report period ACTUAL CONSENSUS
forecast
previous
MONDAY, JUNE 22
8:30 am Chicago Fed national activity index May -- -0.12 3-month
10 am Existing home sales May
5.25 mln 5.04 mln
TUESDAY,  JUNE 23
8:30 am Durable goods orders May -1.1% -1.0%
9 am FHFA home prices April -- 5.2% yoy
9:45 am Markit PMI flash June -- 54.0
10 am New home sales May 525,000 517,000
WEDNESDAY, JUNE 24
8:30 am GDP 1Q -0.2% -0.7%
THURSDAY, JUNE 25
8:30 am Weekly jobless claims June 20
271,000 267,000
8:30 am Personal income May 0.5% 0.4%
8:30 am Consumer spending May 0.8% 0.0%
8:30 am Core inflation May 0.1% 0.1%
FRIDAY, JUNE 26
10 am Consumer sentiment June
94.6 94.6
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