JAMES TURK: This Always Ends the Same Way, HYPERINFLATION — $400 Silver & $8,000 Gold Between 2013 – 2015

James Turk, Founder of GoldMoney calls in from Spain to explain how the FED’s latest actions spell doom for the Dollar. James reminds us that what is happening in the United States RIGHT NOW, thanks to the privately owned Central Bank, always ends the same way: In a disaster for the currency. We’ve seen it before: Weimar Germany, Zimbabwe, Argentina, Serbia… and we’ll soon see it in America. James also revisits his decade long prediction of $400 silver and $8,000 gold by 2014 – 2016. And he corrects me, explaining that he sees it happening as early as 2013-2015, along with hyperinflation. The fuse has been lit and time is running out.

Veeco Instruments Inc. (NASDAQ: VECO)

Veeco Instruments Inc., together with its subsidiaries, designs, manufactures, and markets various equipments to make light emitting diodes (LEDs) and hard-disk drives worldwide. The company's LED and Solar segment designs and manufactures metal organic chemical vapor deposition and molecular beam epitaxy systems and components for the manufacturers of LEDs, wireless devices, power semiconductors, and concentrator photovoltaics, as well as to research and development applications. Its Data Storage segment designs and manufactures various technologies, including ion beam etch, ion beam deposition, diamond-like carbon, physical vapor deposition, chemical vapor deposition, and slicing, dicing, and lapping systems to create thin film magnetic heads that read and write data on hard disk drives. The company was founded in 1945 and is headquartered in Plainview, New York.

To review Veeco's stock, please take a look at the 1-year chart of VECO (Veeco Instruments, Inc.) below with my added notations:

VECO has created a couple of important price levels to watch. First, VECO has formed a clear resistance at $38 (red), which would also be a 52-week high breakout if the stock could manage to break above it. In addition, the stock is climbing a short term, up-trending support level (blue) over the last (3) months. These two levels combined have VECO stuck within a common chart pattern known as an Ascending Triangle. Eventually, the stock will have to break one of those two levels.

Crocs, Inc. (NASDAQ: CROX)

Crocs, Inc is a designer, manufacturer and distributor of footwear and accessories for men, women and children. At year-end 2011, Crocs sold its products in more than 90 countries through domestic and international retailers and distributors and directly to end-user consumers through its company-operated retail stores, outlets, kiosks and web stores. It also offers accessories and apparel, which generated approximately 3.7% of its total revenues during the year 2011. Its footwear products are divided into four product offerings: Core-Comfort, Active, Casual and Style. The Core product offering primarily includes molded products that are derivatives of the original Crocs Classic designs. The Active product offering includes sport inspired products and footwear suited for activities, such as boating, walking, hiking and even recovery after workouts. The Casual product offering includes sporty and relaxed styles. The Style product offering includes stylish products.

To analyze Croc's stock for potential trading opportunities, please take a look at the 1-year chart of CROX (Crocs, Inc.) below with my added notations:

CROX interests me because of the one simple price level at $18. Not only can you see the $18 support (green), but $18 has also been a common resistance (red) as well. So, the $18 price is key to this stock. If you are bearish, you might short CROX on any rallies up to $18. However, if you're bullish on the stock you would want to see the stock break through the $18 resistance.

4 Graham-Buffett style stocks

by J. Royden Ward, editor Cabot Benjamin Graham Value Letter

Benjamin Graham has been recognized for decades as the father of value investing. Warren Buffett was a student of Graham at Columbia University and later worked for Mr. Graham for several years.

For our latest special report, I combine Warren Buffett’s and Ben Graham’s criteria for choosing stocks; here, we look at four high-quality companies that fit our criteria.

To find these Graham-Buffett style investment opportunities, I looked for stocks with:

1. Free cash flow more than $20 million.
2. Net profit margin more than 15%.
3. Return on equity more than 15%.
4. Discounted cash flow value higher than current price.
5. Market capitalization more than $1 billion.
6. Standard & Poor’s rating of B+ or better.
7. Positive earnings growth during the past five years with no deficits.
8. Dividends currently paid.

These stocks sell at sensible prices, offer reasonable appreciation potential and provide solid dividends. I am confident these high-quality stocks will fare very well during the next six months.(more)

Vera Bradley, Inc. (NASDAQ: VRA)

Vera Bradley, Inc., through its subsidiary, Vera Bradley Designs, Inc., engages in the design, production, marketing, and retail of stylish and functional accessories for women under the Vera Bradley brand. Its products include a range of handbags, accessories, and travel and leisure items. The company sells its products to specialty retailers primarily in the United States, as well as to national retailers and third party e-commerce sites. As of January 28, 2012, it sold its products directly through 48 full-price stores and 8 outlet stores in the United States; 7 pop-up stores in Japan; Websites, including verabradley.com and verabradley.co.jp; and an annual outlet sale in Fort Wayne, Indiana. The company was founded in 1982 and is headquartered in Fort Wayne, Indiana.

To review Vera's stock for potential trading opportunities, please take a look at the 1-year chart of VRA (Vera Bradley, Inc.) below with my added notations:

VRA had been trending lower since October of last year and appears to have bottomed out in June. Over the last (4) months the stock has established two important price levels worth watching: The $20 support level (blue) and the common resistance level (red) at $25. The stock is currently sitting right below its resistance.

REIT’s Consolidation Supported by 3 Buy Signals

Home Properties (NYSE:HME) — This real estate investment trust (REIT) engages in the ownership, operation, acquisition, development and rehabilitation of apartment communities in the United States. The stock has been in a bull market since March 2009, progressing higher despite a ragged real estate market.
Currently, the stock is consolidating in a bull channel and is supported by three buy signals from our proprietary indicator, the Collins-Bollinger-Reversal (CBR). The recent consolidation is at $63. If that price is broken, look for support at the 200-day moving average at just above $60.
S&P and Wunderlich Securities reiterated their “buy” ratings on HME with a price target of $69 and $70, respectively. Technically the stock is trading on the support line of the bull channel with a target of $69, the top of the channel. HME has a dividend yield of 4%.

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New Moon Top Holding…Barely

A little chart potpourri tonight. 5 charts that stood out to me.

13653 is the high of the day on the New Moon last Friday. So far that top is holding but with a quiet consolidation during an options expiration week, the bulls may have a crack at that resistance tomorrow. Futures are mildly up as I type this and this week’s pullback looks textbook with the big money holding their positions. If we break through that level with force we could be in for a nice rally tomorrow or next week.

If I was bearish I’d point to this massive bearish ascending wedge on Nasdaq. But that was only if I was bearish. Pay no attention to the man behind the curtain…whose name is Benjamin.

Horrid action on the transports today…but like I said on twitter…this is so last century. Does anybody really pay attention to this index anymore?

Pick a bearish pattern, and then stick a fork in bonds.

• bearish head and shoulders with a break and a retest to the neckline – money favors lows
• down-trending channel which is a little less ominous, but $125 should be a top if that’s it.

As above, so below.