Monday, December 29, 2014

Gerald Celente - The Top economic Trends to expect in 2015



Please share this article

3 Best Bargain Stocks for 2015

With the stock market rallying continuing for the fifth year in a row and the major indexes hitting new highs almost daily, you might think that there's few stocks left that are truly a bargain.
Valuations trended higher throughout 2014 even as earnings rose. The S&P 500 is trading with a forward P/E of 18 which isn't exactly "cheap." In fact, many would consider it down right expensive.
But even in a hot market, there are always stocks that are left behind. Some are ignored by investors because there is business trouble brewing at that particular company so they stay away. Others are in an out of favor industry or sector. (more)

Please share this article

Novo Nordisk A/S (NYSE: NVO)

Novo Nordisk A/S engages in the discovery, development, manufacture, and marketing of pharmaceutical products primarily in Denmark. It operates in two segments, Diabetes Care and Biopharmaceuticals. The Diabetes Care segment covers insulins, GLP-1 analog, obesity, and oral antidiabetic drugs, as well as other protein related products comprising glucagon, protein related delivery systems, and needles. The Biopharmaceuticals segment offers products in the areas of haemophilia, growth hormone therapy, hormone replacement therapy, and inflammation.
Take a look at the 1-year chart of Novo (NYSE: NVO) with the added notations:
1-year chart of Novo (NYSE: NVO)
NVO has been trading sideways for almost all of 2014. In addition, since the beginning of April, the stock has found support at $42 (green) whenever that level has been approached. Now that the stock is there again, traders should be able to expect some sort of bounce. However, if the $42 support were to break, much lower prices should follow.

The Tale of the Tape: NVO has a key level of support at $42. A trader could enter a long position at $42 with a stop placed under the level. If the stock were to break below the support a short position could be entered instead.
Please share this article

David Stockman – This Will Trigger The Next Lehman Moment & Bank Bail-Ins


kingworldnews.com / by Eric King / December 28, 2014
With more people becoming increasingly fearful because of moves in the West to legalize bank bail-ins, today David Stockman spoke with King World News about what is going to trigger the next Lehman moment that will usher in the age of bail-ins.
Eric King:  “David, what is the biggest danger facing the world?”
David Stockman:  “The biggest danger is that we have a totally artificial, unstable monetary system.  We’ve created massive amounts of credit that can’t be supported or repaid.  All of this makes for instability.
READ MORE
Please share this article

US Weekly Economic Calendar

time (et) report period ACTUAL forecast previous
MONDAY, DEC. 29
  None scheduled        
TUESDAY,  DEC. 30
9 am Case-Shiller home price index Oct.   -- 4.8% y-o-y
10 am Consumer confidence index Dec.   93.8 88.7
WEDNESDAY, DEC. 31
8:30 am Weekly jobless claims Dec. 27   290,000 280,000 
9:45 am Chicago PMI Dec.   -- 60.8
10 am Pending home sales Nov.   -- -1.1%
THURSDAY, JAN. 1
  New Year's Day
None scheduled
       
FRIDAY, JAN. 2
9:45 am Markit PMI Dec.   -- 53.7
10 am ISM Dec.
57.0% 58.7%
10 am Construction spending Nov.   0.2% 1.1%
Please share this article