Thursday, January 14, 2016
Global Debt Crisis To Increase Worldwide Panic As Historic Super-Bubbles Begin To Burst
kingworldnews.com / January 13, 2016
With the Dow plunging more than 350 points, today a 50-year market veteran warned King World News that the global debt crisis will increase worldwide panic as historic super-bubbles begin to burst.
John Embry: “It was certainly an interesting opening week of 2016. That was probably as bad a week as the U.S. stock market has ever experienced. And that doesn’t portend good things for the rest of the year because historically the market has tended to follow the trend established in the first week…
Continue reading the John Embry interview below…
READ MORE
With the Dow plunging more than 350 points, today a 50-year market veteran warned King World News that the global debt crisis will increase worldwide panic as historic super-bubbles begin to burst.
John Embry: “It was certainly an interesting opening week of 2016. That was probably as bad a week as the U.S. stock market has ever experienced. And that doesn’t portend good things for the rest of the year because historically the market has tended to follow the trend established in the first week…
Continue reading the John Embry interview below…
READ MORE
$1 trillion erased from stocks so far in 2016
The eye-popping losses highlight the deep fears that has gripped financial markets over China's economic slowdown and crashing oil prices.
That one-two punch caused the Dow and S&P 500 to suffer their worst start to a trading year on record last week.
The S&P 500's market valuation has plunged by $1.04 trillion since the end of 2015, according to S&P Dow Jones Indices.
To put that stunning figure in context, it's like wiping out the combined value of the following tech giants: Google (GOOGL, Tech30) ($508 billion), Facebook (FB, Tech30) ($281 billion), Intel (INTC, Tech30) ($154 billion), Netflix (NFLX, Tech30) ($50 billion) and Yahoo (YHOO, Tech30) ($29 billion). (more)
That one-two punch caused the Dow and S&P 500 to suffer their worst start to a trading year on record last week.
The S&P 500's market valuation has plunged by $1.04 trillion since the end of 2015, according to S&P Dow Jones Indices.
To put that stunning figure in context, it's like wiping out the combined value of the following tech giants: Google (GOOGL, Tech30) ($508 billion), Facebook (FB, Tech30) ($281 billion), Intel (INTC, Tech30) ($154 billion), Netflix (NFLX, Tech30) ($50 billion) and Yahoo (YHOO, Tech30) ($29 billion). (more)
Wednesday, January 13, 2016
After a 20% Fall Dollarama Inc. DOL.TO Shares Are a Bargain
There was still plenty to get excited about. Canada’s slowing economy is still a good thing for the company. Consumers tend to shop at lower-priced chains when times get rough, seeking the same goods at a better price. What’s priced lower than the dollar store?
Other retailers are getting hammered by the low Canadian dollar. Since Dollarama has much healthier margins than most, it’s been able to absorb some of this increase in costs. Expanding the company’s maximum price to $3 was a stroke of genius as well. Customers are willing to stomach a $0.50 increase in the price of an item, even if it is a 50% increase. In fact, most will barely notice. (more)
Tuesday Morning Corporation (NASDAQ: TUES)
Tuesday Morning Corporation operates as a retailer of upscale
decorative home accessories, housewares, seasonal goods, and gifts in
the United States. The company offers various products, such as home
décor, furniture, bed and bath, kitchen, toys, crafts, pets, and
seasonal goods. It also provides a range of branded merchandise,
including Peacock Alley, Sferra, Lenox, Waterford, and Hartmann. As of
June 30, 2015, the company operated 769 discount retail stores in 41
states.
Take a look at the 1-year chart of Tuesday (NASDAQ: TUES) with the added notations:
After declining steadily for most of 2015, TUES started bouncing on top of a clear $5 support (green) during the most recent 5 months. Now that the stock appears to be testing that support level again, traders should be able to expect some sort of bounce. However, if the $5 support were to break, lower prices should follow.
The Tale of the Tape: TUES has a key level of support at $5. A trader could enter a long position at $5 with a stop placed under the level. If the stock were to break below the support a short position could be entered instead.
Take a look at the 1-year chart of Tuesday (NASDAQ: TUES) with the added notations:
After declining steadily for most of 2015, TUES started bouncing on top of a clear $5 support (green) during the most recent 5 months. Now that the stock appears to be testing that support level again, traders should be able to expect some sort of bounce. However, if the $5 support were to break, lower prices should follow.
The Tale of the Tape: TUES has a key level of support at $5. A trader could enter a long position at $5 with a stop placed under the level. If the stock were to break below the support a short position could be entered instead.
Tuesday, January 12, 2016
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