Saturday, February 25, 2017

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Check Out This Sleeper Stock With 50-100% Upside

Check Out This Sleeper Stock With 50-100% Upside

Shares of Fitbit Inc (NYSE:FIT) are still hovering near their all-time lows. Trading at $7.37, the stock is extremely attractive to a takeover from any bigger player looking to up their game in fitness tracking. This could be an Apple Inc or another big player. Fitbit Inc is profitable and trading at a P/E of […]

This Indicator Is Screaming “Buy This Now”

This Indicator Is Screaming “Buy This Now”

The Non Farm Payrolls Report was insanely strong, yet yields (interest rates) did not budge. Good economic news usually spikes yields because it means the Federal Reserve is more likely to raise interest rates. This was a perplexing disconnect. However, it appears as if it was a delayed reaction. Today yields are spiking. The 10 […]

This Signals The End Of Central Banks: Epic Warning Shot

This Signals The End Of Central Banks: Epic Warning Shot

Gold and silver have spiked dramatically higher in 2016. Just in the last week we have seen silver squeeze higher by 20%. It is extremely rare to see both gold and silver surging together. Why? The basics of it revolve around gold being a store of safety, while silver is mainly an industrial metal. The […]

Oil Drop: Just The Start To Reaching $40 Target

Oil Drop: Just The Start To Reaching $40 Target

The spot crude price action is playing out exactly how chart readers predicted. To understand this, you need to look at the chart and recent price action. Spot crude topped out around the $52 per barrel level. This was a psychological resistance point because it was a perfect 100% move from the $26/bbl lows in […]

Do Markets Care About Copper Anymore?

Do Markets Care About Copper Anymore?

Today, copper prices are plunging lower by more than 3.0 percent. Yet, the financial news media barely talks about it. Years ago copper prices were followed closely by all stock market participants. In fact, the legendary trader Jesse Livermore used to say that copper prices were one of the most important commodities that anyone could […]

S&P Approaching Key Trend Line: Markets To Meet Major Resistance

S&P Approaching Key Trend Line: Markets To Meet Major Resistance

The $SPY is quickly approaching a trend line shown in the chart below. Notice how it connects through all the highs extending back to the all-time high on the $SPY in May 2015. In other words, the markets are testing a level/trend line that began almost a year ago. Truly epic and should cause a […]

$AAPL Slams Into Moving Average, Signals Possible Market Top!

$AAPL Slams Into Moving Average, Signals Possible Market Top!

Apple Inc. (NASDAQ:AAPL) slammed into its daily 200 moving average today. The stock has jumped from $92.65 to a high today of $112.19. That is a gain of 21% in approximately six weeks. The 200 moving average should be significant resistance and could likely signal a near term market top. The reason why $AAPL has […]

Why Valeant Pharmaceuticals Intl Inc May Jump 50% Tomorrow

Why Valeant Pharmaceuticals Intl Inc May Jump 50% Tomorrow

Valeant Pharmaceuticals Intl Inc (NYSE:VRX) has had an ugly past 52 weeks. After trading as high as $260 per share, the stock hit a low today of $25.75. So why on earth could it potentially rally 50% in the next month? The answer is surprisingly simple… The last day of the quarter is today. Hedge […]

Restoration Hardware Holdings Inc (NYSE:RH) Major Breakout Level: See It Here

Restoration Hardware Holdings Inc (NYSE:RH) Major Breakout Level: See It Here

Restoration Hardware Holdings Inc (NYSE:RH) is jumping today by over 5%. The stock is trading near $39.00 per share. While today’s move is solid, institutional investors are watching the $40.00 break as a key technical level. Note the chart below with the trendline connecting the recent highs. Should that trendline get taken out to the […]

Head & Shoulders Pattern On $SPY: Read This Before You Trade It!

Head & Shoulders Pattern On $SPY: Read This Before You Trade It!

The S&P 500 is holding just slightly negative on the day, as volume is insanely light. Why negative? Oil prices are sharply lower, taking some steam out of the recent bull raid on Wall Street. CHART ALERT: The S&P tracking ETF the $SPY, has a nice pattern formation known as a Head & Shoulders on […]

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