Stocks To Watch : GFI, IAG, SLW, ESPR, IBB

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Gold Fields Limited (NYSE:GFI) Watch this trend line for a upside break at 4.40 for short term direction. The MACD is also about to cross zero line, which will be bullish.

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IAMGOLD Corp (NYSE:IAG) Coiling up here. Over 2.25 for movement.

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Silver Wheaton Corp. (NYSE:SLW) Stock could see a nice pop over $20.51 a share for a gap-fill.

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Esperion Therapeutics Inc (NASDAQ:ESPR) The short-term trend has turned weak, as the stock closed below the 9 & 13 EMAs for the first time in the last weeks. Momentum indicators are slightly bearish, MACD has been dropping and the relative strength is now neutral. The stock is likely to slide to the $88-92 range.

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iShares NASDAQ Biotechnology Index (NASDAQ:IBB) index is showing signs of weakness. All technical indicators triggered a sell signal. I am expecting a pullback till the 330 levels.

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Quanta Services Inc (NYSE: PWR)

Quanta Services, Inc. provides specialty contracting services to the electric power, and oil and gas industries in North America and internationally. The company’s Electric Power Infrastructure Services segment provides network solutions comprising design, installation, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure, and substation facilities. The company’s Oil and Gas Infrastructure Services segment provides network solutions to customers involved in the development and transportation of natural gas, oil, and other pipeline products. The company’s Fiber Optic Licensing and Other segment designs, procures, constructs, maintains, and owns fiber optic telecommunications infrastructure, as well as licenses the right to use these point-to-point fiber optic telecommunications facilities to its customers.
Take a look at the 1-year chart of Quanta (NYSE: PWR) below with my added notations:

After PWR’s choppy ride lower, the stock started a 4-month rally in December. Over the course of the rally, PWR has been climbing a nice trendline of support (green). That, combined with the stock’s key level at $30 (purple), has PWR stuck within an ascending triangle. At some point the stock will have to break one of the two levels created by the pattern.

The Tale of the Tape: PWR is trading within an ascending triangle. A long trade could be entered on a break above $30. However, a break below the trendline could be an opportunity to get short the stock.
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Crash of the Banks - Lindsey Williams

Lindsey Williams has released new information! We are about to experience the greatest economic crash in our lifetimes. Stan plays part of his new DVD regarding the coming banking crash, timing, loss of deposits, interest rates and more.

Air date: 2015-03-04

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Canada’s Magnificent Housing Bubble Goes Nuts, Cracks Even “Second-Time Buyers” need help from mom & dad

A housing bubble is a huge party. Everyone gets drunk and has a good time. The economy booms because housing, particularly construction, is a very local business. It creates local jobs. People spend this money. Businesses get this money. Governments exact their pound of flesh. But there is a drawback to a housing bubble, beyond the fact that it will eventually crash with terrible consequences: New entrants into the market are getting locked out by soaring prices.

Canada’s housing bubble has been a sight to behold. Home prices only dipped 8% when the US housing market crashed. Then it re-soared. Now, across the country, home prices are 26% higher than they were at the already crazy peak in 2008. In Toronto, they’re 42% higher! Prices in the major urban centers where young people like to live have become a challenge for first-time buyers.  (more)

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Martin Armstrong Interview 2015-04-24 Germany TV Show ZDF Aspekte Aspects

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April/May Safe Haven Play - Sell In May and Go Away

Each year traders try to navigate their way through the financial market and turn a profit. But this is difficult.

The stock market provides market participants with several opportunities each. With all the holidays and climate changes the market as a whole along with specific sectors typically have seasonal rallies and sell off in price.

As May approaches many of us are starting to figure out how to play the “Sell in May and Go Away” potential move.

I cannot help think stocks will start to struggle as indexes test new highs and key resistance levels. The good news is that when money is flowing out of one investment it typically flows into another which provides us with an opportunity to make money.

Risk capital has been flowing into stocks recently but with the stock market over bought on a short term basis traders will start to protect their capital and move to specific sectors within the market to protect their capital.

Utilities have been underperforming all year and are not being talked about by anyone. This is a contrarian signal that it will likely become the sector of choice as fear creeps into the minds of market participants.

The chart below shows price of this sector is trading at the key 200 day moving average which should provide support. Also the bullish chart pattern is pointing to higher prices.

It Is The Season For Utilities!

The chart below clearly shows where price is trading today and what is likely to happen over the next 2-3 weeks as we enter May.

It Is That Time Again – Conclusion:

In short, US equities continue to be in a long term bull market. It is best to remain net long stocks as the odds of a trend continuing is more likely than not.

So I feel a great way to get involved in the market here is to get long the utility sector through the exchange traded fund XLU.

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My New Target for the Nasdaq The bullish "W" formation on the chart provides a fairly reliable target of 5,200

Stocks posted their second consecutive day of gains on Thursday, and the Nasdaq Composite stole the show by setting a new record closing high. It took more than 15 years, but the index finally exceeded its prior peak at 5,048.62, made on March 10, 2010, with a close of 5,056.06.
Several previous attempts at a new high in the Nasdaq failed. The latest run at a record was in March, when the index closed over 5,000, but then pulled back on profit-taking and fear of lower-than-expected Q1 earnings.  (more)

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