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AKS Published good earnings 2 days ago The stock made an intermediate high at $5.75 on this occasion Today the company is announcing a stock issuance at $4.90 The stock price is down some 8% in adjustment to this news Opportunity to SELL NOV 18 '16 $4.50 PUTS at c. $0.14/share If exercised, the reward/risk will be a very compelling 2.8x Adjusted for the risk...

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SPX having difficulty breaking above 2,160 to confirm its summer breakout Now also having difficulty remaining above previous historical high (2,134.71) All the while we are fast approaching US elections and rate hike Volatility has been extremely low and is bound to pick up - This is already taking place with VIX >17.00 Gold also supportive of upcoming potential...

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TECHNICAL SETUP Gold is stabilizing after last week's break. Currently sitting on MA200. Formed a hammer with follow-through. TRADING STRATEGY Buy here. Target = MA100. Stop-loss at the low of the hammer. Reward to Risk >2. RISK MANAGEMENT Please do not put more than 1% of capital at risk on any single trade.

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FUNDAMENTALLY: BAD SITUATION ALREADY - HOW MUCH WORSE CAN IT GET? Poor business and regulatory practices are being investigated at WFC. This bodes negatively for the bank, as there is already an admittance of wrongdoing. Such situations have taken a while to sort out in the past (see GS, Citi, DB, BNP, etc.) and have resulted in substantial settlement amounts. The...

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The main US Equities index is still awaiting its next catalyst. Consolidating in a wedge just below its recent historical high. Tight current trading range between MA100/50: 2136 - 2167. NASDAQ picture more positive, sitting >MA50 but in "waiting mode" as well. Market breadth trend negative --> Pls see Russell 2000 descending channel. Next catalyst for equities =...

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Google has been trending up nicely. If you missed it, what should you do? TRENDING UP, BUT PAUSING - Long and medium term trends: up. - Short-term: high flag consolidation ongoing (same as NASDAQ). - Short-term technical indicators: turning negative? - Would like to see a break/hold above $819 for a continuation of the uptrend. MANY UNCERTAINTIES - Toppish...

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POOR FUNDAMENTALS, BUT VALUATION COMPELLING? It took a BUY rating from BAC, ahead of the much anticipated Karma drone product launch (conference due today) to propel the shares significantly higher, even though the company has been suffering from decreasing topline growth rates and an unprofitable business model. Will this trend continue? TECHNICALLY STRONG After...

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Medium term outlook looks bullish for gold: Rounding bottom between Oct 2015 and Feb 2016, followed by a breakout, confirmed by a consolidation flag of roughly the same duration as the rounding bottom, followed by another breakout and a flag. Currently in consolidation mode in a tight 3% range (1305-1345). A break below 1300 would momentarily invalidate the...

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CONSOLIDATING AFTER THE RIDE - After multiple upside breakouts in the past 6 months, including breaking a previous historical high, the S&P500 currently seems to be in "waiting" mode but with a long bias, trading between its 50MA and 100MA ranges. FUNDAMENTALS ON HOLD - Last week was mostly about waiting for the Fed to speak (bear flag), until a rather dovish...

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FUNDAMENTALLY: COMPELLING GROWTH AND EARNINGS PROFILE LULU is a specialized sportswear company with superior growth (revenue CAGR +24%) and profitability (ROE >20%). The stock was recently hammered on earnings which were in line, probably due to a rich valuation. This provides an entry opportunity into the stock. TECHNICALLY: STILL SOLID AFTER THE DIP, AND...