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
Please share this article
Monday, June 22, 2015
Stocks To Watch: ISIL, CBAY, HDS, FB
( click to enlarge )
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.
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.
( click to enlarge )
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.
( click to enlarge )
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).
( click to enlarge )
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.
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)
Please share this article
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)
Please share this article
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)
Please share this article
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)
Please share this article
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 | |
Subscribe to:
Posts (Atom)