Oil will be headed to 66.40 after escalation with Iran. Look for $70 if Iran retaliates.
Look for AT&T to breakout of the ascending triangle as sellers are being pushed out. You have a 6.62% dividend yield as a safety net.
Facebook is a money making machine with the huge monetization potential of Instagram. It's a great company that is finally at a price point that is attractive. Here is my buying strategy coming into the earnings report later in the day. Goal: get $10,000 of FB exposure 1st buy: 37 shares @ 133.50 2nd buy: 44 shares @ 114.80 Total 81 shares @ average cost of...
This is a huge overreaction by the market. FB had a very modest miss on estimates. FB management is always conservative with their guidance. Watch the gap fill to 193.13 for a 10%+ return over the next few weeks. I would recommend following this money management strategy that worked extremely well when FB was previously at this level.
$STX looks like it's broken major resistance and is sporting a dividend of 4.48%. It will have no trouble getting to 62.76. When it breaks 62.76 it will be clear sailing to 69. That's around a 24% gain from 56.05.
With the market taking a downturn as a whole, it creates some buying opportunities for some very profitable companies like Facebook. Strategy: Take whatever amount you want to invest in FB and divide it into 4 equal parts. 1. Buy at each level I've indicated. 2. Sell at target price I've indicated. I believe FB will go down in the short term and then...
The chart signals clear sailing for $HP to 64. Look for it to hit $70 in the next 3-6 months.
HP is a well-managed company that lost about 45% of its stock value during the once in a lifetime epic oil downturn. Its prospects look bright as the oil market starts to rebound. The charts also indicate it's about to spring up with a triangle pattern showing seller being edged out. Throw in a 4% dividend right now and it looks like you've got yourself a winner.
This thing will eventually go higher, but it's going to gap down today before going up again.
VIPS is in the internet services space, the same as Alibaba, that is seeing solid earnings estimate revision activity. When a group starts to move, it raises the level of all the stocks in the group. VIPS is also doing well on it's own and is a top stock within the group. The current quarter estimates have risen from 55 cents a share to 60 cents a share, while...
Linear regression is showing CLDT at the bottom of it's trend channel. Expect a nice upswing over the next month and a half for a gain of around 15%-30%. Dividend ex date: 7/29/14 (date by which you have to buy to get the dividend)
Stochastic is indicating an oversold condition. Also the %K is crossing the %D indicating that momentum is about to turn bullish. Now is an excellent time to buy.
A 12 month price target of $131 seems very realistic. Add the dividend and you have yourself a very nice low risk return.
I believe this to be the last bounce off the bottom support of the triangle before breaking through upper resistance (red on chart). I expect a 15% gain from the bottom of the triangle to the target (see chart).
MACD has crossed the signal line indicating bullish action coming off the 52 week low of $3.10.
Here's a nice little trend line happening here. I expect this pattern to continue up to around $4.11 before meeting some meaningful resistance.
ANR About to Break Resistance Up. Sellers are getting pushed out as can be seen by the wedge pattern on the chart.
Toyota (TM) is getting close to the intermittent high I predicted 17 days ago. See for details. After it hits the predicted high, look for a small pull back for an opportunity to buy at a more attractive price or add to your position for all those who have been following my commentary since $103.