November Stocks Most Extended from 200 SMA: MNST, EW, YHOO, LUV, AVP, DNR, RIG, NBR

Which top trending stocks – both bullish and bearish – are most extended from their rising (or falling) 200 day Simple Moving Average?
Let’s use this simple yet effective stock scan to highlight eight trade-trending (or fading) candidates right now:

This scan was created from FinViz.com’s Screener Tool focusing on the stocks most over and under extended from the 200 day SMA.
The scan charts the stocks farthest away from the average in percentage terms.
Right now, Monster (MNST) is the most extended and trending stock, followed by Edwards Life Sciences (EW), Yahoo (YHOO), and Southwest Airlines (LUV).
The general strategy here is to highlight these as strong relative strength candidates and put these on watch-lists for future buy signals, usually on retracements.
The more aggressive strategy is to play a “Mean Reversion” strategy which calls for fading overextended stocks as they (ideally) move back toward rising averages (a counter-trend, short-term play).
Personally, I prefer pro-trend strategies but you can use this list however best fits your trading goals.
Our downtrending extending stocks include the following:

Avon  Products (AVP), Denbury (DNR), Transocean (RIG), and Nabors Industrials (NBR).

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The Case for Dividends

• Bond yields have been in a secular decline since the early 1980s. For example, the US 10-year Treasury yield peaked at roughly 16% in 1981 versus 2.3% today. With bond yields so low, investors have increasingly looked to equities to meet their income and cash flow needs. We believe there are a number of long-term supportive trends for dividend-paying stocks and therefore continue to view them as the cornerstone of any investor portfolio.
• History shows that dividends account for a significant portion of total stock returns. Since 1988, the S&P/TSX Composite Index (S&P/TSX) has returned a cumulative 370% on a price basis. However, on a total return basis (including reinvested dividends) the S&P/TSX has returned 823%. This equates to dividends accounting for roughly 50% of total returns over this period. (more)

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This Week in Money with Guests: David Morgan, Eric Coffin, Tim Wood – Nov. 22, 2014

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Avi Gilburt – What Is The Elliott Wave Theory Saying Now About Gold and Oil?

from Financial Survival Network
 Avi Gilburt went from playing professional hockey, to a career in a law and accounting, to becoming a master Elliott Wave interpreter. He tells us his story, sad in parts, inspiring in others. In the past three years, the cycle theorists have called these markets right far more often than anyone else. There’s a reason why and Avi explains it to us. He also tells us why he believes there’s big money to be made in the gold miners and the oil drillers, if you have the guts and the staying power. A new guest, you’ll be hearing from Avi a lot more in the future.
Click Here to Listen to the Audio
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US Weekly Economic Calendar

time (et)	report	period	ACTUAL	CONSENSUS forecast	previous
MONDAY, NOV. 24
8:30 am	Chicago Fed national activity index	Oct.		--	0.25 3-month
TUESDAY,  NOV. 25
8:30 am	GDP revision	Q3		3.3%	3.5%
9 am	Case-Shiller home prices	Sept.		--	5.1% y-o-y
9 am	FHFA home prices	Sept.		--	4.8% y-o-y
10 am	Consumer confidence index	Nov.		96.7	94.5
WEDNESDAY, NOV. 26
8:30 am	Weekly jobless claims	Nov. 22		288,000	291,000
8:30 am	Personal income	Oct.		0.4%	0.2%
8:30 am	Consumer spending	Oct.		0.4%	-0.2%
8:30 am	Core PCE price index	Oct.		0.2%	0.1%
8:30 am	Durable goods orders	Oct.		-0.8%	-1.1%
9:45 am	Chicago PMI	Nov.		--	66.2
9:55 am	Consumer sentiment index	Nov.		89.5	89.4
10 am	New home sales	Oct.		470,000	467,000
10 am	Pending home sales	Oct.		--	0.3%
THURSDAY, NOV. 27
	Thanksgiving Day None scheduled
FRIDAY, NOV. 28
	None scheduled

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Chen Lin Says Gold Miners Need to Produce at $1,000/oz or Less to Survive

The Gold Report: You've discussed in your newsletter Goldman Sachs' plan to "push gold [down] to $1,000/ounce" ($1,000/oz). How do you know such a plan exists?
Chen Lin: I am not a big fan of conspiracy theories, but Goldman published a report in early September calling for $1,000/oz gold by the end of 2014. As I saw it, this call was quite aggressive. Goldman will lead and probably has been leading a group shorting gold aggressively. (more)

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Man Who Telegraphed Dutch Repatriation Says U.S. Gold Gone

kingworldnews.com / November 21, 2014
The man who astonishingly telegraphed the Dutch gold repatriation nearly 30 days ago said today that the U.S. gold hoard, which countries believe is safely stored at the New York Fed, is gone.  A portion of his remarkably accurate dispatch on October 23rd is below as well as a link to the entire piece.  There is also a written piece from him below about today’s announcement and what the shocking ramifications of this announcement are.

First, here is just a small portion of how Egon von Greyerz telegraphed today’s stunning news to his subscriberson October 23rd, nearly one month before today’s public disclosure about the Dutch repatriation:

“We have heard from one very reliable source that repatriation of gold is secretly taking place at this moment from the USA to Europe. This is October 2014!

The information contains details about transported quantities by one of the global security firms being much higher than usual, as well as country of destination.

The mere fact that this repatriation of gold appears to be happening in secret confirms what wealth preservation investors have always known, namely that Gold should be held under direct control of the owner. That is the only proof that the gold actually exists.”

Below is today’s commentary from Egon von Greyerz, the man who knew about the Dutch gold repatriation ahead of the rest of the world:

READ MORE
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