Friday, July 25, 2014

Arch Crawford – Stock Market Peak Approaching

from Financial Survival Network
Arch Crawford, an FSN regular, uses a combination of technical and astrological charts to track the markets and the economy.
He believes the stock market is very close to a peak. From there, it won’t be pretty. But it will be good for gold and silver, so get ready now.
There’s lots of factors involved in this forecast so listen closely.
Click Here to Listen to the Audio
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Teradata Corporation (NYSE: TDC)

Teradata Corporation provides analytic data platforms, marketing and analytic applications, and related consulting services in the United States and internationally. Its analytic data platforms comprise software, hardware, and related business consulting and support services for data warehousing, active intelligence, big data analytics, and data discovery. The company’s products comprise Teradata Analytic Database Software that delivers near real-time intelligence; Teradata Workload-Specific Platforms; Teradata Aster Discovery Platform, which is pre-configured with Teradata Aster Database; and Teradata Logical Data Models that are blueprints for designing an integrated data warehouse.
Review the 1-year chart of Teradata (NYSE: TDC) below with my added notations:
1-year chart of Teradata (NYSE: TDC)
TDC has formed a key level of support at $40.00 (blue) over the last 8 months. In addition, the stock has created a down trending resistance starting from the beginning of April (red). These two lines combined have TDC stuck trading within a common chart pattern known as a descending triangle, and at some point, the stock has to break support or break its string of lower highs.

The Tale of the Tape: TDC has formed a descending triangle pattern. A short trade could be made on a break of the $40.00 support level. A break through $43.00 would break the down trending resistance and would set up a potential long trade. A long trade could also be made on a pullback to $40.
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Warren Buffett's "Best Indicator" Is Flashing Bubble Red

While Bob Shiller's CAPE has been flashing red warnings for a while, String Advisors Stephen Jones warns it is flawed because corporate events can affect a specific company’s earnings and the broader profit outlook differently. However, Warren Buffett's "best single measure of where valuations stand," comparing the market value of US companies to the gross national product before inflation, is flashing near record bubble red... Still we are sure, you'll be able to exit before everyone else when this ends...



Source: Bloomberg
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Breakdown Predicts Double-Digit Drop in Harley-Davidson (NYSE: HOG)

Harley-Davidson (NYSE: HOG) suffered its biggest loss in two years on Tuesday, falling 5.4% following its second-quarter earnings report. While the iconic American company reported better-than-expected earnings, it lowered its forecast for new motorcycle shipments for the full year. The sharp sell-off broke through some significant support, and as a result, the charts now favor the downside in the multi-month time frame.

HOG reported a 34% year-over-year hike in earnings per share to $1.62, which was better than the Street's estimates of $1.46. Revenue for the quarter increased 12% to $2 billion, also beating analysts' estimates for $1.84 billion. Motorcycles shipments in the quarter were up 9% from Q2 2013 to 92,217.  (more)

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King Dollar is 70! Is it now Out with the Old? McAlvany Weekly Commentary



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Thursday, July 24, 2014

Marin Katusa: Why Uranium Prices Will Go Much Higher

This week, resource expert and fund manager Marin Katusa joins S&A Investor Radio and explains why Russia holds the key to much higher uranium prices.
 
During the interview, he shares his two favorite uranium plays and talks about the upcoming PDAC Convention.
 
You'll hear him talk about several important rules he follows for buying any resource company. Plus he reveals several junior mining stocks that he is buying right now.
 
We're sure most listeners have never heard of these companies before. However, Marin says most resource investors will be talking about these names inside of 18 months.
 
If you want to be a successful spectator in the resource sector, then you won't want to miss what he has to say.
 
Something that Marin is really excited about is what he calls the "European Energy Renaissance"... and you can get all the details here.
 
This is your chance to get insight from one of the most connected experts in the mining industry.
 
Plus... Are you making a huge investing mistake?
 
Find out which select stocks Frank says you should NEVER ever short.
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CBS Outdoor America CBSO

I really meant to post this update over the weekend so obviously it’s not going to have the impact as this stock spiked over 4% today, but I think there’s more upside in this one to be had. Technically it has a very clear channel forming and it should have no problem getting back to the upper trendline. Low float of 22 million will surely add to the volatility but I think there’s a much better chance of this going over $37 then revisiting $32. The RSI has been behaving bullishly as it oscillates between 80-40.  20% of the float is short so as this moves higher many of those shorts could be forced to cover which again could add to the upside move. Keep your eye on this for follow through after today’s move as this thing could just be getting started.
cbsi
Annual EPS (BNRI)
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