Ambev S.A. (NYSE: ABEV) Under $7 Stock Just Pennies Away From a Breakout

There are always themes underlying the stock market. Earlier in the year it was biotechnology. Then oil services offered nice gains.

When we can combine two themes, we can often multiply their benefits, and right now that is what I see with consumer staples stocks and Latin America.

At first glance, the consumer staples sector appears flat and is slightly lagging the broader market so far in 2015. But beneath the surface, the Consumer Staples Select Sector SPDR ETF (NYSE: XLP) is enjoying solid demand.  (more)

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The J.M. Smucker Co. (NYSE: SJM) This 'Recession-Proof' Stock Could Deliver 35% Gains

What kind of companies can you count on to generate value, even when the rest of the market is in a slump?
If history is any guide, then one class of stocks consistently enjoys solid demand from consumers. In fact, this sector is considered by many to be full of great "rainy day stocks."
The sector in question: consumer non-discretionaries, otherwise known as consumer staples.
Here's just one example of their resilience. Between January 1, 2007 and January 1, 2010, the S&P 500 plummeted, returning negative 21% over that period. In contrast, one of these stocks -- which I'll describe shortly -- went up 51%. (more)

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The Put/Call Ratio of Open Interest on S&P 100 (OEX) Options Has Never Been More Bearish

We have mentioned the put/call ratio of open interest on S&P 100 (OEX) options a handful of times over the past 6 months or so. The reason is that this historically “smart money” indicator has been flashing warning signs off and on during that period. On March 3, we posted our most recent update on the indicator as it was on an unprecedented string of bearish readings. The stock market peaked simultaneously and has drifted sideways in the 6 or 7 weeks since. The bearish OEX put/call readings have not relented, however. In fact, the bearishness has accelerated. Even so, we had not intended to dedicate another post to this indicator so as not to be redundant. However, the readings over the last few days warrant an update as they have become extreme. (more)

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Pengrowth Energy Corp (NYSE: PGH)

Pengrowth Energy Corporation engages in the acquisition, development, exploration, and production of oil and natural gas assets in the Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. It primarily explores for crude oil, bitumen, natural gas, and natural gas liquids. The company’s assets include Cardium light oil, Lindbergh thermal, and Swan Hills light oil projects. As of December 31, 2014, it had total proved plus probable reserves of 557.4 millions of barrels of oil equivalent. Pengrowth Energy Corporation was founded in 1988 and is headquartered in Calgary, Canada.
Take a look at the 1-year chart of Pengrowth (NYSE: PGH) below with added notations:

After a strong decline from July until December, PGH has been trading sideways over the last 4-5 months. During the 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.
PGH’s rectangle pattern has formed a resistance at $3.50 (red), which was also a prior support, and a $2.50 support (green). At some point the stock will have to break one of the two levels.

The Tale of the Tape: PGH is trading within a rectangle pattern. The possible long positions on the stock would be either on a pullback to $2.50 or on a breakout above $3.50. The ideal short opportunity would be on a break below $2.50.
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Blackstone Group (BX): A Safe 15.7% Dividend

If there's a better way to get the government on your side as an investor, I haven't seen it...

 

Longtime Stansberry Research readers know Dr. Steve Sjuggerud has guided his subscribers to massive gains by following his "Bernanke Asset Bubble" thesis. Following the 2008-2009 credit crisis, the Federal Reserve launched a huge effort to stimulate the economy with low interest rates and easy credit.

 

The Fed's goal was to boost stock and real estate prices while stimulating business- and consumer-loan growth. Steve saw this stimulus coming... and for the past six years, he has urged readers to own stocks and real estate. Steve has repeatedly said the Fed stimulus would create soaring stock prices and recovering housing prices. (more)

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Stocks To Watch : GOGO, AOL, RMBS, IMUC, ENZN

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Tuesday's high volume breakout could be the start of a nice squeeze higher for Gogo Inc (NASDAQ:GOGO) shares. Over 37% of float is short (14 days to cover). The stock had a large spread and volume today, successfully breaking several resistances lines. A lot of eyes are on this stock right now, so make sure this is on your radar screens. Patience is a virtue !! Squeeze seems eminent.

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Looking at the daily technical chart of AOL, Inc. (NYSE:AOL), the price is quickly approaching a breakout if the stock can manage to trade above $40.62. A strong volume move above that level, could set the stock up to retest its March highs of $42.42.

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I had Rambus Inc. (NASDAQ:RMBS) on my watchlist a few times this month and today it broke out in impressive fashion on volume expansion. I believe the stock can easily re-visit last year's highs of $14.82/share, if not higher.

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ImmunoCellular Therapeutics Ltd (NYSEMKT:IMUC) back over 50c. The stock displayed relative strength on Tuesday closing again above its 20-day moving average on solid volume. Short-term levels to watch tomorrow 54c and then 61c.

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Enzon Pharmaceuticals Inc (NASDAQ:ENZN) Could be a high flyer on breakout. The 52-week high is $1.83, but based on the current momentum and volume action this level is insignificant. Today could be CRAZY !!!

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Jarden Corp (NYSE: JAH)

Jarden Corporation manufactures, markets, and distributes consumer products worldwide. The company’s Outdoor Solutions segment offers camping and outdoor equipment. Its Consumer Solutions segment provides household kitchen appliances, such as blenders, coffeemakers, irons, mixers, slow cookers, teakettles, toasters, toaster ovens, and vacuum packaging machines. The company’s Branded Consumables segment offers fresh preserving jars and accessories. Its Process Solutions segment produces plastic products. The company was founded in 1991 and is headquartered in Boca Raton, Florida.
Take a look at the 1-year chart of Jarden (NYSE: JAH) below with added notations:

After rallying nicely from mid-October until the end of January, JAH has been trading mostly sideways over the last 3 months. During the 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.
JAH’s rectangle pattern has formed a resistance at $54 (red) and a $51 support (blue). At some point the stock will have to break one of the two levels, and the stock’s recent trendline (green) break of support might be foreshadowing an eventually break of rectangle support too.

The Tale of the Tape: JAH is trading within a rectangle pattern. The possible long positions on the stock would be either on a pullback to $51 or on a breakout above $54. The ideal short opportunity would be on a break below $51.
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