Saturday, January 30, 2016

First Mining Finance: FF.V is Ready for the Next Mining Stock Bull Market

from Financial Survival Network
Patrick Donnelly is a geologist and an MBA by training. He’s president of First Mining Finance. He’s helping the Company make sound acquisitions of promising gold mining properties. He believes in buying undervalued assets and is looking to buy gold at $10 per ounce in the ground. In the current environment, Patrick says he’s getting at least 1 call per day from interested sellers. But, the target company must meet a strict checklist of requirements before Patrick will even look at it. With this type of discipline, First Mining is getting ready for the next resource boom, which eventually must happen.
Click Here to Listen to the Audio

Friday, January 29, 2016

Cepheid (NASDAQ: CPHD)

Cepheid, a molecular diagnostics company, develops, manufactures, and markets integrated systems for testing in the clinical market and non-clinical markets. Its systems enable molecular testing for organisms and genetic-based diseases by automating manual laboratory procedures. The company primarily offers GeneXpert system that integrates sample preparation in addition to DNA amplification and detection. The GeneXpert system is designed for reference laboratories, hospital central laboratories, and satellite testing locations, such as emergency departments and intensive care units within hospitals, as well as physician offices and other alternate site laboratories.
Take a look at the 1-year chart of Cepheid (NASDAQ: CPHD) below with added notations:
1-year chart of Cepheid (NASDAQ: CPHD)
CPHD had been trading sideways for the first part of 2015, and then the summer drop came. After the decline, the stock started trading sideways over the most recent three months. While in that sideways move, the stock has formed a common pattern known as a rectangle. A minimum of (2) successful tests of the support and (2) successful tests of the resistance will give you the pattern.
The CPHD rectangle pattern has formed a resistance at $38 (red), and a $30 support (green). At some point the stock will have to break one of the two levels.

The Tale of the Tape: CPHD is trading within a rectangle pattern. The possible long positions on the stock would be either on a pullback to $30 or on a breakout above $38. The ideal short opportunity would be on a break below $30.

Martin Armstrong – World Heading Into Lockdown Mode

from Financial Survival Network
Martin Armstrong was back with us today. He says that the politicians are the problem. They will never admit a mistake. Why are they defending the Euro. That’s why we’re having so many outsider politicians getting elected around the globe. And it also explains the rise of Trump. The establishment is fighting this trend but they can’t do anything about it. As Einstein said, “You can’t solve a problem by using the same thinking that brought it on.” Martin says that the computer model is still foreseeing a large rise in the stock market as funds flow in from the distressed public debt. And now if you owe $50,000 or more in taxes, the IRS can revoke your passport.
Click Here to Listen to the Audio

Short Squeeze For 6 Stocks? : SWN, TSLA, CHK, VALE, WTW, SCTY


SunGard's Astec Analytics provides intra-day short-selling market data to its clients. The firm's top pick from a securities lending perspective this week was Southwestern Energy Company SWN .

Other stocks that that saw plenty of short-selling activity included the following:
  • Tesla Motors Inc TSLA
  • Chesapeake Energy Corporation CHK
  • Vale SA (ADR) VALE
  • Weight Watchers International, Inc. WTW
  • SolarCity Corp SCTY
Below is a look at Karl Loomes’ list of top stocks in the Americas from a security lending perspective.

Top Pick - Southwestern Energy

This week’s top pick for North America was an energy company. Depressed oil prices are having large effects on many firms, both within the sector and outside of it.
While a small recuperation in oil prices over the past week has provided the energy sector with some breathing air, for Southwestern, all that this brought was a small reduction in its losses (the stock had lost almost 80 percent in 12 months; now, the losses have been cut to about 66 percent).  (more)

Thursday, January 28, 2016

COSI: Cosi, Inc, In a Bullish Uptrend


WTW: Weight Watchers Intl, Ready For the Next Leg Up????


GPOR: Gulfport Energy Corp, Bullish Breakout


Daily Chart of Sugar: SELL

As you can see in the chart below sugar price formation has turned bearish. With price testing support once again we could very well see another bounce before a breakdown. Also, with Valentines just around the corner there could be some speculative buying in sugar in anticipation of an increase in demand.

We have seen some strong rallies the second half of February the last few years but not enough to call it any type of tradable trend if you ask me. And with REAL sugar not being used in anything anymore after being replaced with the fake chemical sweeteners it kind of voids the need for sugar during Valentines Day making it a wash.

sweet-stuff
Trading Conclusion:
In short, sugar looks poised and ready for a breakdown in price to test the $12.50 level over the next month.

Wednesday, January 27, 2016

Tuesday, January 26, 2016

SIEN: Sientra Slow and Steady Bullish Trend


CRAY: Cray Bullish Breakout


Agnico Eagle Mines Ltd (NYSE: AEM)

Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties. It primarily explores for gold, as well as for silver, copper, zinc, and lead. The company’s flagship property includes the LaRonde mine, which comprises a 100% owned LaRonde property that consists of 36 contiguous mining claims and 1 provincial mining lease covering 1,047.4 hectares; El Coco property, which includes 22 contiguous mining claims and 1 provincial mining lease comprising 356.7 hectares; and Terrex property that comprises 21 mining claims and 1 provincial mining lease covering 424.4 hectares, as well as 3 surface rights leases covering in total of approximately 303.6 hectares in northwestern Quebec. It has exploration activities in Canada, Europe, Latin America, and the United States.
Take a look at the 1-year chart of Agnico (NYSE: AEM) below with my added notations:
1-year chart of Agnico (NYSE: AEM)
Over the past 6 months AEM has hit the $30 level as resistance (red) on 3 separate occasions. In addition, the stock has been climbing a trend line of support (green) since mid-September. Eventually, the stock will have to break either the $30 resistance or the triangle support.

The Tale of the Tape: AEM is winding up between two key levels. A long trade could be made at the triangle support or on a break above $30. A break below the trendline would be an opportunity to enter a short trade.

Monday, January 25, 2016

GMLP: Golar LNG Partners Bullish Chart Patterns


AAPL: Apple Breaks Downtrend Lines, Buy


Short-Term Bottom is in place $SP500 SPX

RSI suggests a pullback is coming:
Chart 1
During the last 15 years, everytime the RSI on the weekly chart, came close to the oversold levels, I had seen a bounce; I do not believe this time it is going to be any different. I expect to see a strong sharp rally from the current levels, which will catch all the shorts off guard. The time to enter a short, has currently passed and it is now time to be positioned for a bear market bounce.
Respect the age old pattern ‘The Doji’
Chart 2
The Japanese candlestick style of trading has been in use for centuries. One of the most important and reliable patterns, is the “Doji”, which is a candlestick representing indecision. I have noted that going back to 2006, whenever the market made a doji pattern, at major support levels, it was consequently followed by a considerable bounce. The pattern displayed on January 20th, 2016, is one such pattern, which will take US Equities higher.

US Weekly Economic Calendar

time (et) report period ACTUAL forecast previous
MONDAY, JAN. 25
  None scheduled        
TUESDAY,  JAN. 26
9 am Case-Shiller home prices Nov.   -- 5.5%
10 am Consumer confidence Jan
96.3 96.5
WEDNESDAY, JAN. 27
10 am New home sales Dec.   503,000 490,000
2 pm FOMC announcement      
THURSDAY, JAN. 28
8:30 am Weekly jobless claims 1/23
285,000 293,000
8:30 am Durable goods orders Dec.   -1.2% 0.0%
10 am Pending home sales Dec.   1.0% -0.9%
FRIDAY, JAN. 29
8:30 am Gross domestic product 4Q   0.7% 2.0%
8:30 am Employment cost index 4Q
0.6% 0.6%
8:30 am Advance trade in goods Dec.   -$60.7 bln -$60.5 bln
10 am Consumer sentiment Jan.   92.5 92.6
 

Friday, January 22, 2016

SAVE: Spirit Airlines Possible Bullish Breakout


Equity Investor Sentiment: Are We There Yet?


Paycom Software Inc (NYSE: PAYC)

Paycom Software, Inc. offers cloud-based human capital management (HCM) software solutions delivered as Software-as-a-Service in the United States. It provides functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. Its HCM solution offers a suite of applications in the areas of talent acquisition including applicant tracking, candidate tracker, background checks, on-boarding, E-Verify, and tax credit service applications; time and labor management, such as time and attendance, scheduling/schedule exchange, time-off requests, labor allocation, and labor management reports/push reporting, payroll and tax management, Paycom Pay, expense management, and garnishment management applications.
Take a look at the 1-year chart of Paycom (NYSE: PAYC) with the added notations:
1-year chart of Paycom (NYSE: PAYC)
PAYC had been in a steady trend higher for most of the past year, but the stock started a significant decline in November. The stock has now fallen all the way back down to its $30 level. Over the past year, PAYC has found support at that same $30 support (green) on multiple occasions. Traders may be able to expect some sort of bounce if the stock reaches that support again. However, if the $30 support were to break, lower prices should follow.

The Tale of the Tape: PAYC has an important level of support at $30. A trader could enter a long position at $30 with a stop placed under the level. If the stock were to break below the support a short position could be entered instead.

Crude Oil and USDCAD - What's the next move?

Crude Oil Continuous Contract (CL.F)

The price of oil has continued to fall quite drastically in recent weeks as the worldwide supply glut of oil continues to build. Non-OPEC nations such as Russia continue to pump out record supply of oil and couple this this Iran’s intention to ramp up Oil exports will only add to the oversupply. Now, we are getting new data that not only may cause the oversupply situation to increase, there are concerns that demand will wane as well. The market is growing more concerned about the worsening economic news coming out of China which could cut into the country’s crude oil demand. This might only exasperate the oversupply situation in an already bearish oil market sentiment.
In looking at the chart of crude oil, we see that it has broken a major support level of $34.85 which we have not seen since the 2008-2009 Global recession. We are now in decade long lows not seen since the mid to late 90’s. There is minor support at $27.51. Otherwise, the next level of support is the $24.44 area which we reached back in 1996. The next major resistance level can now be found at the old support level of $34.85. With an SMAX Score of 0 out of 10, Oil is showing no strength whatsoever against other asset classes.

crude oil and usdcad 844_1_20160120_360173_0_0_22799

United States Dollar/Canadian Dollar (USD/CAD)

Let’s take a closer look at the USD vs. the CAD. In a surprising move Wednesday by the Bank of Canada choosing not to cut interest rates and keeping the rate at 0.5 per cent, one would think this might provide bit of reprieve to the Canadian dollar’s recent plunge against the US Dollar as there were some market expectations the rate would be lowered. Instead, Crude Oil continued to decline in trading that has put more pressure on the Canadian dollar. Looking at the comparison chart of the USD/CAD, we see that a new leg up has ensued in continued favor of the USD. It has broken its prior resistance level at 1.4058 and it approaching its next level of resistance at 1.5072. Above that, the next level of resistance is at 1.6159, a level not seen since the early 2000’s. With a VS. SMAX score 10 out of 10 favoring the USD this potentially indicates further strength for the USD.
With the US Fed’s intention of a ”gradual move” upwards in its interest rate policy and the continued weakness in Canada’s economy with drastically falling oil prices one must be aware that Canada’s interest rates may not be raised anytime soon. This may lend additional strength to the USD. Going forward into 2016, the central banks on either side of the border may have a large influence on direction based on respective interest rate policy.

844_1_20160119_370068_0_0_22802

Wednesday, January 20, 2016

Any 1 Of These 20 Stocks Could Be A 10-Bagger At Higher Gold & Silver Prices



…To obtain 10-bagger rewards you need one primary thing: increased free cash flow. Thus, the stocks below will require higher gold & silver prices to reach lofty returns, but of all the gold and silver mining stocks, these are perhaps the best positioned to take advantage of higher gold & silver prices.  (more)

VSAR: Versartis Possible Breakout


M Macy's Weekly Chart about to Breakout?


Wayfair Inc (NYSE: W)

Wayfair Inc. engages in the e-commerce business in the United States. It offers approximately seven million home products under various brands. The company’s brands include Wayfair.com that focuses on offering home furnishings and décor from low-to high-end and across various styles; Joss & Main, an online flash sales site; AllModern, an online destination for original design for modern home enthusiasts; DwellStudio, an online design studio for modern, fashion-forward home furnishings; and Birch Lane, a destination for classic style home designs. Wayfair Inc. also sells its products through retail partners.
Take a look at the 1-year chart of Wayfair (NYSE: W) below with my added notations:
1-year chart of Wayfair (NYSE: W)
Over the past year W has been trending consistently higher, while also forming a nice trend line of support (blue) the majority of the time. Always remember that any (2) points can start a trend line, but it’s the 3rd test and beyond that confirm its relevance. A pullback to that line will provide trading opportunities, one way or another.

The Tale of the Tape: W has a trend line support to monitor. A long position could be entered on a pullback to the trendline, with a stop placed below the level of entry. A short position could be entered if W were to break below its trendline.

Tuesday, January 19, 2016

Johnson & Johnson (NYSE: JNJ)

Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the healthcare field worldwide. It operates in three segments: Consumer, Pharmaceutical, and Medical Devices. The company distributes its products to general public, retail outlets and distributors, wholesalers, hospitals, and health care professionals for prescription use in the professional fields by physicians, nurses, hospitals, and clinics.
Take a look at the 1-year chart of J&J (NYSE: JNJ) below with the added notations:
1-year chart of J&J (NYSE: JNJ)
Through all of its ups and downs, JNJ is sitting right about where it was at this time last year. During that time, the $96 price level has become very important to the stock. Not only has the $96 level been a repeated support (green), but that level was also a brief resistance area (red) back in the fall. Now that JNJ is back above it, $96 is acting as support once again.

The Tale of the Tape: JNJ has a key level at $96. A trader could enter a long position on a pullback to $96 with a stop placed under the level. However, if traders are bearish on the stock, a short trade could be made instead on a break of the $96 support.

S&P500, MSFT Microsoft, TM Toyota, TSLA Tesla charts

Since mid-2014, the US stock market has been showing signs of the underlying market weakening. During the last quarter of 2015, the stock market had its first major bout of distribution selling, which confirmed our analysis that the bull market is nearly over.

If you have been following my articles for a while, then you may be tired of my warnings of the bear market, which is on the verge of starting. In fact, the TSX Toronto stock exchange, US Transportation index and the Russell 2000 small-cap index have all been in bull blown bear markets for six months already.

I won’t say we are in a full-fledged bear market until we see the large cap indexes breakdown. Until the S&P500, Dow Jones, and NASDAQ fall below critical support the US stock market is still in an uptrend. 
Instead of talking about the all the manufactured strong earning numbers created by share buyback programs, sales being way down for most companies, shipping companies struggling for products to ship, and products and service prices being reduced to help generate sales (deflation), let me share with you some monthly charts that I think paint a simple and clear picture of what is happing in the US stock market.

Monthly SP500 Index Trend Chart

The chart speaks for its self, but if you don’t know what you are looking at let me elaborate. Price action in 2015 shows increased volatility, heavy volume selling of shares, few stocks are trending higher each week and now this index is on the verge of breaking through critical support.
If the price falls any lower it will trigger an event that will take years to recover from. The event being a bear market that could make the 2001 and 2008 bear markets look not that bad.

What should an investor do?

You have three choices:
  • Do nothing and suffer the consequences
  • Move all your investment capital to cash and just sit on the sidelines for a year or two and let price drop so you can re-enter when prices are at bargain levels dividends are high.
  • Employ a strategy to profit from the falling market and possibly double your investment capital within a year or two with a few well-timed trades. This is what I do and share with subscribers of my newsletter.
spx monthly chart

Monthly Microsoft Chart:

I find it interesting that Microsoft shares have been on fire to make near all-time highs during a time with Apple loses its product creator and fails to come out with anything new and exciting.
A couple months ago I talked about Apple setting up for a big drop when the price was at $122.xx. Today it's trading at $97 a 21% drop and it looks like we could see another 20% drop from here.
monthly microsoft chart

Monthly Toyota Chart:

Toyota shares are just one of the hundreds of stocks setting up for a huge drop. I like this example as it’s a massive double top from 2007 high and has a bearish head & shoulders pattern testing its breakdown level.
toyota monthly chart

Monthly Tesla Chart:

This was and still is the best stock in the world to many traders, investors and those unique Tesla owners. I say that because I know two men who have Tesla’s and it’s like they are in a cult with their electric cars and think ICE cars are old school (ICE – Internal Combustion Engine). Maybe I am a little jealous because I just bought and ICE car off a Tesla owner in my town and I had the privilege to take it for a drive – WOW it’s weird but AWESOME!
tesla monthly chart

Trading the Stock Market Conclusion:

In short, I fell 2016 is going to be nasty for those holding stocks in their portfolios. There are many ways to take advantage and profit from falling prices and that is exactly what myself and those who follow my forecasts and trades will do.

Monday, January 18, 2016

National Retail Properties, Inc. (NYSE: NNN)

National Retail Properties, Inc. is a publicly owned equity real estate investment trust. The firm acquires, owns, manages, and develops retail properties in the United States. It provides complete turn-key and built-to-suit development services including market analysis, site selection and acquisition, entitlements, permitting, and construction management. The firm also focuses on purchasing and financing net-leased retail properties.
Take a look at the 1-year chart of National (NYSE: NNN) below with my added notations:
1-year chart of National (NYSE: NNN)
Over the several months NNN has been trending consistently higher, while also forming a nice trend line of support (green). Always remember that any (2) points can start a trend line, but it’s the 3rd test and beyond that confirm its relevance. As you can see, the market deems NNN’s trendline to be important. A pullback to that line will provide trading opportunities, one way or another.

The Tale of the Tape: NNN has a trend line support to monitor. A long position could be entered on a pullback to the trendline, with a stop placed below the level of entry. A short position could be entered if NNN were to break below its trendline.

LINC: Lincoln Educational Services Breakout


US Weekly Economic Calendar

time (et) report period ACTUAL forecast previous
MONDAY, JAN. 18
None scheduled
Martin Luther King Jr. holiday
TUESDAY,  JAN. 19
10 am Home builders' index Jan.
62 61
WEDNESDAY, JAN. 20
8:30 am Consumer price index Dec. 0.0% 0.0%
8:30 am Core CPI Dec. 0.1% 0.2%
8:30 am Housing starts Dec. 1.218 mln 1.173 mln
THURSDAY, JAN. 21
8:30 am Weekly jobless claims Jan. 16
280,000 284,000
8:30 am Philly Fed Jan -6.0 -10.2
FRIDAY, JAN. 22
9;45 am Markit PMI flash Jan. -- 51.2
10 am Existing home sales Dec.
5.16 mln 4.76 mln
10 am Leading economic indicators Dec. -- 0.4%

Friday, January 15, 2016

DRV: Direxion Daily Real Estate Bear 3X Shares, Broke Downtrend Line, Bullish Pattern


XON: Intrexon Corp, Possible Bottom


BNN Top Picks: Goldcorp GG, Premier Gold Mines PG, and Suncor Energy SU

The resource sector continues to suffer from surplus market conditions in most major commodities. We are encouraged by improving fundamentals with some key commodities such as gold, oil, and natural gas.
The gold industry is among few commodity sectors where production is falling, with mine production decreasing in 2015 for the first time since 2008. Despite a couple of false starts in 2015, gold has exhibited the lowest volatility and held its value more than any other major commodity. (more)

Tesla TSLA Rebounds From Trip Under $200, But Will It Hold?

Tesla Motors Inc TSLA shares are trading higher by $5.90 at $206.32 in Thursday's session. While the broad market attempts to stabilize above its Flash Crash low, the same cannot be said for Tesla.

On that chaotic day in August, the issue bottomed at $195 and rebounded to end the session at $218.87. By mid-September, it was back within striking distance of its all-time high ($291.42), but the rally stalled at $271.57.

In today's session, Tesla surpassed that low, reaching $193.38 before rebounding back to its current level.  (more)

The Scariest Chart On The Planet: CRB Index

The implications of this 60-year quarterly chart for the CRB index is staggering if it completes this impulse move down, which so far has been working out beautifully. Again on this massive time scale you can see an unbalanced Head&Shoulder top that measures out to just below the major support zone at the bottom of the chart.
Back to the Future Indeed.