There is one simple reason why I am buying the 3x long biotech ETF $LABU into the stock market close today. There is a Presidential Debate tonight and biotech has been under pressure the last few trading days, afraid of what targeted attacks it would get from the candidates. Ultimately, there will be relief when it is over, not matter what is said. The fear of what may be said is always worse than the actual event, which means a sharp biotechnology rally tomorrow. This is literally a 1-3 day…
ContinueAdded by Verified Investing on September 27, 2016 at 9:07am — No Comments
Spot crude oil surged dramatically higher today after reports of a 14 million drop in inventories hit the wires. Spot crude oil is trading at $47.53, +2.03 (+4.46%). While a monster move, big money is talking about a major resistance level approaching at $47.75. Many pro investors and traders are looking for a potential short here based off the trend line connected between the recent highs (see the chart below). Also, institutional money is telling me that the up move in the last week…
ContinueAdded by Verified Investing on September 27, 2016 at 8:42am — No Comments
I am short Apple Inc. (NASDAQ:AAPL). For those that clicked *Get Alert* you are in with me. It is in my portfolio, a verified swing trade with a short entry of $110.14. The current price is $105.70. For those that do did not opt into this trade, you will see it when I close Apple out, on my verified track record. I shorted specifically at the $110.00 price level because that was a technical resistance point on the stock chart. There was a major gap fill on the chart, plus on the day I…
ContinueAdded by Verified Investing on September 27, 2016 at 8:09am — No Comments
Facebook Inc (NASDAQ:FB) will be under $100 by the end of the year. Analysts are beginning to buzz about some of the news that has hit the stock lately. Just today, it broke that Facebook had over estimated key video metrics for two years. The stock is sharply lower. This is just one more nail the the coffin. The biggest one came a month ago when Procter & Gamble Co (NYSE:PG), the biggest spender on advertising in the world said they were moving away from highly targeted Facebook ads.…
ContinueAdded by Verified Investing on September 24, 2016 at 8:57am — No Comments
I rarely get good information from my sources. I usually rely on studying the stock charts and doing research into companies myself. This time it is different. A well known Wall Street insider who I have looked at as an idol, showed me the chart trend line seen below. I immediately shorted the Russell 2000. The expectation is for the pull back to begin next Monday according to him, but it…
ContinueAdded by Verified Investing on September 23, 2016 at 8:44am — No Comments
Walt Disney Co (NYSE:DIS) will be the headline best performer in the Dow Jones Industrial Average over the next sixth months. I am looking to accumulate a large position based off technical and fundamental signals. This will be the staple of my account, with me trading around it with other positions.
1. The stock has fallen from its 2015 high of $122. This is a steep 25% discount. With a brand that will live forever and a relatively low P/E compared to the…
ContinueAdded by Verified Investing on September 23, 2016 at 8:38am — No Comments
Bristol-Myers Squibb Co (NYSE:BMY) is putting in a great bottom on the stock chart. My finger is on the buy trigger for a large block, but only when one specific thing happens. Notice the tight range Bristol-Myers Squibb is trading in as it makes the bottom? Smart investors such as myself are looking for it to break out to the upside. The second price moves above the current tight range, I will hit the offer with a big block. The odds are extremely high that when it breaks to the…
ContinueAdded by Verified Investing on September 23, 2016 at 8:36am — No Comments
Buying this ETF will literally turn out to be the best decision of your life. There is proof but the Federal Reserve is trying to plug the holes and keep it from you. There statements hide the fear of what is coming, as they know they can only delay it, not stop it. The crazy thing is, their actions are giving you an opportunity to buy it at a discount before it continually climbs for years to come. The ETF is ProShares UltraShort Lehman 20+ Yr (NYSEARCA:TBT). This is a short the 20 year…
ContinueAdded by Verified Investing on September 23, 2016 at 8:34am — No Comments
Chipotle Mexican Grill, Inc. (NYSE:CMG) just tagged a major technical support level that dicates it is a screaming buy to investors. You can see this trend line in the stock chart below. Chipotle has also put in a huge base over the five months, signaling a low risk trade to the buy side. Lastly, hedge fund king Bill Ackman loaded the boat just weeks ago at a higher price. This gives average investors not only a technical signal to buy but also a fundamental reason. Following one of the best…
ContinueAdded by Verified Investing on September 22, 2016 at 8:51am — No Comments
Valeant Pharmaceuticals Intl Inc (NYSE:VRX) likely broke out today. Recently, it has turned the corner, making higher lows and higher highs. This is extremely bullish price action The stock is flagging in one of the most perfect bull flags you will ever see. The low today (which tagged the daily 50 moving average) and reversal to the upside could be the start of the big breakout to a new higher high. Big investors have been accumulating for long periods as this turn around story takes hold.…
ContinueAdded by Verified Investing on September 22, 2016 at 8:33am — No Comments
Facebook Inc (NASDAQ:FB) will likely see as much as a $20 drop in its stock price based on both technical and fundamental factors. With earnings a month away, the stock is forming an extremely bearish flag pattern on the chart. The downside should begin playing out within days. The catalyst for major downside though, will occur when Facebook Inc reports earnings. Multiple companies have stated they are no longer seeing a profitable return on Facebook ad spend. With major companies pulling…
ContinueAdded by Verified Investing on September 21, 2016 at 9:03am — No Comments
Deutsche Bank AG (NYSE:DB) was nailed with a $14 billion fine from the DOJ last week because of shady actions during the financial crisis. While a fine was expected, the massive size of the fine was not. There is palpable fear that Deutsche Bank will not be able to pay the fine and may be insolvent. Even though it is expected that the fine will be reduced by more than 50%, it is still more than was expected. The stock is hammering on a triple bottom on the chart. While this is support,…
ContinueAdded by Verified Investing on September 21, 2016 at 8:49am — No Comments
Natural gas broke out on the daily chart today. This is a strong breakout with significant upside between 10-20%. The United States Natural Gas Fund, LP (NYSEARCA:UNG) can be seen in the stock chart below hammering on the trend line multiple times until it broke out today. Chatter is strong amongst institutions that a squeeze could hit in the next few days. Price action dictates natural gas is a strong buy here.…
ContinueAdded by Verified Investing on September 21, 2016 at 8:24am — No Comments
Oil fell again on Friday, closing at $43.23. Investors should be very worried as odds are now favoring a fall to $28 per barrel. The reason is a head and shoulder pattern on the spot crude oil chart. A head and shoulder pattern is a bearish pattern that triggers if the neck-line is breached. Pro traders and investors know that if price violates the neck-line a calculated target can be figured out. This would give the exact downside move on oil. The calculated target is $28/barrel. The…
ContinueAdded by Verified Investing on September 19, 2016 at 9:10am — No Comments
Most investors lack the basic knowledge of reading a chart. Knowing how to read a chart allows you to tell the future. In other words, reading it correctly lets you know if the stock will go up or down in the next day, week or month. The simple technique I am using is based off the NASDAQ 100 chart and is an indicator of whether the Federal Reserve will cause a stock market rally or hard sell off on Wednesday, when they give their much anticipated FOMC statement. The reason I am using this…
ContinueAdded by Verified Investing on September 19, 2016 at 9:09am — No Comments
Novavax, Inc. (NASDAQ:NVAX) collapsed over 85% today on the back of a failed drug trial. While investors who were long got smoked, I made 25% by buying the stock. I bought at the open and sold soon after. Below I reveal the 3 factors I look for on every biotechnology collapse.
This is a Verified trade you can clearly see on my Verified Investing track record. Get my next live trade by signing up to Verified…
ContinueAdded by Verified Investing on September 17, 2016 at 8:26am — No Comments
If you are an investor who is long Chevron Corporation (NYSE:CVX), you better pay close attention. If you are an investor looking to short Chevron, pay close attention as well. There is a head and shoulder technical chart pattern that has fully formed on the stock chart. When price breaks the neck line to the downside, the stock will drop to $89.50. This is over a 10% fall on the stock and could happen within weeks. Head and shoulder patterns are great setups if you spot them early and…
ContinueAdded by Verified Investing on September 16, 2016 at 8:22am — No Comments
Freeport-McMoRan Inc (NYSE:FCX) has two major signals telling investors a bounce is coming. As a smart investor, you always want at least two reasons why you are buying a stock. Basically, the first is great but the second reinforces it. The first triggered when Freeport-McMoRan hit the daily 200 moving average on the stock chart. The second triggered with the reversal off of it, putting in a bottoming tail. Bottoming tails are strong technical reversal signals. The combination of…
ContinueAdded by Verified Investing on September 16, 2016 at 8:05am — No Comments
The stock market has seen a return of volatility in September. Investors are scambling to figure out if the markets are going back to their all-time highs or collapsing lower. The simple answer? This is chop to take your hard earned money. It is mostly games by the institutions, being headed by top hedge fund managers that want to make money after coming back to work from vacation over the summer and an end to the 3rd quarter.
1. It Is Options Expiration…
ContinueAdded by Verified Investing on September 16, 2016 at 7:42am — No Comments
Whole Foods Market, Inc. (NASDAQ:WFM) has been a dog in the stock market for the last six months. Yet even in the massive stock market decline, it is showing signs of life. The life comes from a classic bull flag technical pattern on the intra-day chart. This likely signals upside for tomorrow as the bull flag plays out. Upside will take the stock within a day or two to a target of $29.25 then $30.60. Enjoy the ride of the bull flag technical analysis…
ContinueAdded by Verified Investing on September 14, 2016 at 8:41am — No Comments
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