Tuesday, December 8, 2015

$TWOU 2U, Inc : Potential Breakout with MACD Bullish Crossover

Breakout Stocks: $DPZ, $EDZ break out to 40 day highs

ALERT: What Is Now Happening In The Gold Market Is Shocking!

kingworldnews.com / December 07, 2015
With paper claims in the gold market now at unfathomable levels, today King World News is pleased to share a shocking development in the war in gold.
The following charts are from Jason Goepfert at SentimenTrader.
King World News note:  Below you can see the commercial hedgers most recent position in the gold market.  Note that commercial hedgers have aggressively continued to cover their short positions on the recent decline in gold (see chart below).

Top 5 Losers When The Fed Raises Rates

The U.S. Federal Reserve is widely expected to raise interest rates at its upcoming December meeting next week.
The bank has been discussing the possibility of a rate hike for the past year, leaving markets to guess when and how much the bank will decide to increase. While predictions for when a rate hike will happen have changed several times over the course of 2015, the majority consensus is that an increase will happen in December.

Why December?

At the Fed's last meeting, the bank released a policy statement naming its December meeting as a likely option for a rate hike. That was the first time the Fed's policymakers were so open about their future plans, leading traders to believe that barring any extenuating circumstances, the Fed had already decided to raise rates in December.  (more)

TriNet Group Inc (NYSE: TNET)

TriNet Group, Inc. provides human resources solutions for small and medium-sized businesses in the United States and Canada. The company offers payroll processing, human capital consulting, and employment law compliance services, as well as health insurance, retirement plans, and workers compensation insurance services. It serves clients in various industries, including technology, life sciences, property management, professional services, banking and financial services, retail, manufacturing, and hospitality services, as well as non-profit entities. The company markets its solutions through its sales representatives, sales management, and sales operations and support personnel.
Take a look at the 1-year chart of TriNet (NYSE: TNET) below with my added notations:
1-year chart of TriNet (NYSE: TNET)
TNET had been declining insistently since its March peak, but more recently the stock has moved into in a sideways consolidation. In addition, over the past two months the stock has created a key resistance level to watch at $20 (red). As you can see, TNET has already tested that level twice. A break above that $20 level should lead to higher prices for the stock.

The Tale of the Tape: TNET has a key level of resistance at $20. A long trade could be entered on a break through that level. However, if you are bearish on the stock, a short trade could be made on any rallies up to $20.