The Red Roadmaster’s Technical Report on the US Major Market Indices + ™ Featuring Crude Oil, Gold, and Forex Technical Up-date s
Vol. 061410 # 1 Copyright 14 June 2010
Date Line Hong Kong (SAR) China
The Red Roadmaster™ Paul A. Ebeling, Jnr. Editor/Compiler/Analyst/Commentator You can now follow us on Twitter please go to http//twitter.com/EbelingHefferna and join in.
Spring Edition # 14 June 14, 2010 600 am US EDT Dear Reader, You can read my timely Market Reports, and Up to Date International News daily and weekly on www.livetradingnews.com , www.paulebeling.com , www.aseanaffairs.com and www.pinnacledigest.com as I round up relevant global market news and technical analysis up-dated daily. + You can see many of my articles and commentary on Google News http//news.google.com/news/search? aq=f&pz=1&cf=all&ned=us&hl=en&q=paul+ebeling + now on Now Up and Running www.paulebeling.com have a look please. Also seen on ASEAN Affairs www.aseanaffairs.com
Today’s Stock Talk Features Crocs, Inc (CROX) See Below See them all at www.livetradingnews.com , www.paulebeling.com, www.aseanaffairs.com and coming soon www.redroadmaster.com
Listen to "The Red Roadmaster" AKA Paul A. Ebeling, Jnr., on the Big Biz Show with Bob "Sully" Sullivan every Thursday at 140p PST on the CBS/Business Talk Radio Network. Go to www.bigbizshow.com for your local listing and or go to www.livetradingnews.com to tune in Live.
Re-cap of the US Stock Market Action for the Week ending 11 June 2010 W all St climbs in late advance, chip makers lead US stocks rose in a late rally Friday as a strong forecast from a chip maker lifted tech shares, and helped alleviate concerns about the economy's health after a drop in retail sales. National Semiconductor Corp rose 5% to US$14.21/shr a day after it forecast margins and revenues above estimates after a weak 2009. The Philadelphia Semiconductor index rose 1.4%. On the Day: The DJIA gained 38.54 pts, or 0.38%, to close the week at 10,211.07, the S&P 500 rose 4.76 pts, or 0.44%, to close at 1,091.60, and the leading NAS tallied up a + 24.89 pts, or 1.12%, to end the week at 2,243.60. On the W eek: the DJIA rose 2.8%, the S&P gained 2.5% and the NAS was + 1.1%. US retail sales were off in May for the 1st time in 8 months, the US Commerce Department reported. But a rise in a consumer sentiment index to a near 2-1/2-year high in a preliminary reading for June tempered fears of a slowing economic recovery. The consumer sentiment reading came from the Thomson Reuters/ University of Michigan Surveys of Consumers. In another Bullish sign, the S&P 500 found technical support around the 1,077 level that marks its 14-day simple moving average. The benchmark index posted its 1st back-to-back close above its 14-day SMA since late April. Commodity related companies gave support to stocks, with the S&P materials sector .GSPM up 1.2%. US Steel Corp rose 3.8% to US$44.82/shr. Are you watching the VIX? The CBOE Volatility Index .VIX, a gauge of investor anxiety, fell 5.8% to settle at 28.79, its lowest level since May 13. Big-cap pharma companies' shares advanced after Barclays Capital upgraded the sector to "positive" from "neutral," citing the revenue potential of new products. Pfizer Inc was the DJIA's top percentage gainer, + 3.7% at US$15.46/shr. The US-listed shares of BP Plc rose 3.6% to US$33.97 as UK officials made supportive comments about the company, even as scientists doubled estimates of the Gulf of Mexico's oil spill. Soft commodities (+2.1%) led the CRB Commodities Index higher today. Coffee futures were the largest contributor to that move; they closed 5.3% higher. Energy futures finished lower by 0.2%, as a Group. Individually, July Crude Oil fell 2.2% to US$73.78 bbl. July Nat Bas prices gained 2.2% to close at US$4.78 per MMBtu. Reports cited forecasts for warm weather across the Midwest and East as sources of strength. This was the 1st session in 4 that natural gas gained. Precious metals: Gold prices closed higher by 0.6% to US$1230.20 oz. and July Silver lost 0.6% to finish the week at US$18.23 oz. Advancing Sectors: Materials (+1.2%), Tech (+1.1%), Health Care (+0.8%), Industrials (+0.5%), Energy (+0.4%), Financials (+0.4%), Telecom (+0.2%), Consumer Discretionary (+0.2%) Declining Sectors: Consumer Staples (-0.8%) Unchanged : Utilities 2
Volume and Breadth: About 7.31B/shrs traded on the NYSE, the AMEX and NAS, the lowest volume in more than 2 months and sharply below last year's estimated daily average of 9.65b/shrs. Advancing stocks beat declining ones on the NYSE by 11 to 4, and on the NAS, about 5 stocks rose for each 2 that fell.
US Market Indexes Technical Analysis Date
Today’s Stock Talk Features Crocs, Inc (CROX) Last Look: April 15, 2010 This is Crocs, Inc. (CROX), the company that is bringing you colorful slip-on shoes have gained popularity in the water sports arena and in mainstream fashion. Its shoes, branded as Crocs, are made of proprietary closed-cell resin and designed for men, women, and children; Jibbitz are their decorative addon charms. The firm operates manufacturing facilities in Mexico and China and boasts distribution centers worldwide. Crocs sells through retailers such as Dillard's, Nordstrom, and The Sports Authority, as well as through about 280 of its own stores and kiosks worldwide. Crocs has expanded on both domestic and international fronts and through acquisitions.
Last Trade 10.86
Overall Bullish (0.26)
Short Neutral (0.13)
Intermediate Bullish (0.31)
Long Bullish (0.34)
Recent CandleStick Analysis Neutral
Direction Date range Date Candle
up Mar232010 8.01 to 8.05
Jun082010 Bullish Harami
up Jan142010 6.31 to 6.67
This Week on the Economic Front June 15 th Tuesday Export Prices ex-ag., May (08:30): 1.4% past Import Prices ex-oil, May (08:30): 0.5% past Empire Manufacturing, June (08:30): 20.0 expected, 19.11 past Net Long-Term TIC Fl, April (09:00): $140.5B past June 16 th W ednesday Housing Starts, May (08:30): 653K expected, 672K past Building Permits, May (08:30): 631K expected, 610K past PPI, May (08:30): -0.5% expected, -0.1% past Core PPI, May (08:30): 0.1% expected, 0.2% past Capacity Utilization, May (09:15): 74.4% expected, 73.7% past
Industrial Production, May (09:15): 0.8% expected, 0.8% past Crude Oil Inventories, 06/12 (10:30): -1.83M past June 17 th Thursday Initial Claims, 06/12 (08:30): 450K expected, 452K past Continuing Claims, 06/5 (08:30): 4475K expected, 4462K past CPI, May (08:30): -0.2% expected, -0.1% past Core CPI, May (08:30): 0.1% expected, 0.0% past Current Account Bala, Q1 (08:30): -$123.0B expected, -$115.6B past Leading Indicators, May (10:00): 0.4% expected, -0.1% past Philadelphia Fed, June (10:00): 18.8 expected, 21.4 past
This Week on the Earnings Front Once again there are no company earningâ€™s reports that can move the markets this week. The complete list for this week: http://biz.yahoo.com/research/earncal/20100614.html
The Most Asked Question Last W eek: The Big Q: Red, Are we in a Bear market? The Big A: No, not the way I read the charts. Investopedia explains Bear Market A Bear Market should not be confused with a correction, which is a short-term trend that has a duration of less than 2 months. While corrections are often a great place for a value investor to find an entry point, Bear Markets rarely provide great entry points, as timing the bottom is very difficult to do. Fighting back can be extremely dangerous because it is quite difficult for an investor to make stellar gains during a Bear Market unless he or she is a Short Seller.
A market condition in which the prices of securities are falling, and widespread pessimism causes the negative sentiment to be self-sustaining. As investors anticipate losses in a bear market and selling continues, pessimism only grows. Although figures can vary, for many analysts a downturn of 20% or more in multiple broad market indexes, such as the DJIA or S&P 500, over at least a 2 month period, is considered an entry into a Bear Market.
Red’s Edge and in the Trenches When the US markets are uncertain, do not buy them; there are opportunities outside the USA. We are in a Global market now. Knowledge is Power! Again, there are many ways to make and lose money in the markets. It is clearly worthwhile to learn how to make money and how to reduce or avoid losses if one is going to venture into this game. For if you are not armed with Knowledge it is better to forget the possibility of financial gain in the markets and simply live life on the sidelines. The risks for the ignorant are huge, and in this action, Ignorance is not bliss.
Safety Safety is an illusion. You have all heard and experienced that, ask yourself, Is it safe to walk down steps, take a walk, cross the street, drive your car, sail your boat, swim in the ocean, fly your plane, ski and scuba dive, etc, etc, etc. So it is fair to say that it is not likely to have complete safety in life. In the investment world, highly rated bonds were considered safe in the past, but that has been proved not necessarily so. In the world of stock trading safety is established with the exit strategy, and like most safety it is imperfect, at best, but it does work pretty well if you have established a good plan. And as a player/trader you must begin with a clear understanding what is adequate safety for you. This column talks about the “Plan” throughout the year, Plan your work and work your Plan is a reoccurring theme here. It is your money so for sure it is your responsibility. Knowledge of Yourself -Your Plan is very helpful, and is used by professional traders to help them Win in a game where most lose. Knowledge is Power! Again the Reminder on Risk Risk is everywhere including trading the markets; you must learn to manage risk. When you seek profits in trading markets there is a certain factor that creeps; it is the "Greed" factor; then comes the Risk factor that gives rise to the Fear factor in trading. Likely, many bad trades are the results of a misunderstanding of/or an initial failure to pay attention to risk.
Once that risk becomes real for many folks, it can turn into fear and panic. Risk means we can lose something we have, and often traders fail to realize just how much is at risk until it is too late for them One of the most compelling facts regarding risk of loss in the market is that if a position loses 50%, it must then double, i.e. move up 100% to get back to even. It is important to note that risk in the buying of stock in the market is one of the riskiest things on the planet. When buying a stock, the total investment is at risk. And as we have seen recently, formerly great companies can fall to Zero. You ask, Red Are there ways to reduce the risk of losing my entire investment when buying stocks? Sure, we have discussed them in previous articles. One is employ stop loss orders in place or trailing stop loss orders. In most situations, these orders can work to prevent losing everything. It is unlikely that a stock will drop from USUS$50 to US$ Zero overnight, and most stocks that fail often post warning signs; and while they often fall fast, they usually take a bit of time to hit Zero bottom. In such circumstances, the stop loss may work to preserve capital. Here is another way to protect an asset (some of us call it Insurance) That is to buy a protective Put. A Put option is a contract whereby the buyer of the Put has the right, but not the obligation, to force someone to buy his stock at a pre-determined price called the strike price any time before the option expires. To obtain that right, the buyer of a Put pays a premium. The situation is at least analogous to an insurance policy where the insured (stock owner) pays a premium in order to assure that a loss is limited to the premium, plus any deductible. You can learn about managing risk with options but the major risk in options strategies is that options expire, so your puts and calls only have value until expiration; and assuming no change in the price of the stock, the call becomes less and less valuable as time passes, until there is no time left. Insuranceâ€Ś Another thought that is often espoused is to diversify. There are differing schools of thought regarding diversification and there are many ways to diversify. The above discussion lists some of the ways traders reduce and manage risk in a stock purchase transaction. All of the above is intended to motivate you to seek a greater understanding of Risk and in doing so help you Win. Again, think Education First. For news and information please go to www.livetradingnews.com, www.paulebeling.com and www.aseanaffairs.com sign up for RSS feeds on the latest US Market News, ASEAN and World News, Twitter, and the Hot List, itâ€™s Free
Some ask, Red what is the reason for writing Red's Edge? 8
Simple; I wish to help people succeed in the business of trading markets. And the proof is that I do not sell books or subscriptions to my markets reports or newsletters; it is all Free. This business is fun, challenging and rewarding in more ways than making money. My mates know that I do "my thing" to keep be sharp in my own endeavors. The Key is that a person can choose to believe or not believe, trust or not. The fact is that it is all just common sense and when applied diligently the risk is managed and lessened. The rest is up to you!
Download “Knowledge is Power ,” Red’s Road to Riches , It is Free. The difference between winners and losers is that the winners take it seriously and they always add to their knowledge. They read, study, learn nuances, attend seminars, and sometimes use a coach or a mentor. Successful traders are not those who say coaching or seminars are too expensive. They understand that they can recoup such costs in a single trade. The unsuccessful folks have the opposite POV, shying away from and ignoring the benefits of a trading education because of the minimal cost. Remember, Knowledge is Power; it will change your life for the better. Red
My pal W ally Stein’s W ords of W isdom Buy Low, Sell High or at least in the Middle, W ally’s Lullaby Sooner or later, those who win are those who believe they can!
Red’s Quote of the Week:: Dare to risk, to try is to risk failure. Risk must be taken because the greatest hazard of life is to take no risk. The person who risks nothing does nothing, has nothing, is nothing. He may avoid suffering and sorrow, but he cannot learn, feel, change, grow, live, and love. Dare to Risk. Paul A. Ebeling, Jnr. (aka The RedRoadmaster)
_________________________________________________________ This Week’s In View Scapegoating the Chinese Yuan for political gain is unhealthy It appears clear the some members of the US Congress are playing a dicey game by scapegoating the Chinese Yuan for political gains.
These Congressmen, prompted by a need to appease American worker/voters frustrated by the loss of millions of jobs in the global financial crisis and to woo constituencies in elections to be held later this year, are resorting to the tactic of blaming everything that's bad in the USA on China. They are claiming that China's foreign exchange policy is costing America jobs and threaten to impose tough trade sanctions against Chinese imports. However, conveniently, these same congressmen and women ignore the fact that an appreciating Yuan cannot re-balance trade issues or help create jobs for American workers. The trade imbalance and high unemployment are deep economic problems that can only be addressed when the United States implements necessary structural reforms. These congressional folk claim they are the Champions defending the interest of the American people when in fact; they are politicians trying to swing voters by manipulating the Chinese Yuan debate. In doing so they divert the public attention from the USA's serious domestic economic problems, which are caused in part by them and their quest for the seats in the US Senate and Congress. Their continuing irresponsible remarks, showcased and hi-lighted by the US media, are perhaps meant to mislead the American public, and cloud the atmosphere of Chinese-USA economic cooperation. China is the 3rd largest export market for America's goods, and it will likely become Number 1 sooner rather than later. A growing Chinese economy has really delivered substantial benefits to the American workers. By "gaming" the national Chinese Yuan debate, some American politicians may make short term political gains, but on the other side of that coin the chance putting the long-term super powers bilateral relations in question. The US politicians that come out as anti-China by claiming the role the strong defender of American interest, are pressing the US government to take a radical stance on the issue of the Yuan's exchange rate, and by doing this they are constricting the Obama administration's policy options. At a recent Senate hearing (did you see it?), US Treasury Secretary Timothy Geithner was questioned by a group of politicians, some of whom did not even refer to the Strategic/Economic Dialogue forum on major strategic and economic issues concerning the two world economic powers. They approached the hearing as if this Key dialogue did not exist. In the past the US government leaders said that they respect China's sovereignty when it comes to its foreign exchange policy, and they will seek to resolve the issue through dialogue and cooperation. It is interesting that now in a mid-term election year that some congressional leaders are gearing up for confrontation with China as perhaps the economic "enemy' of the USA based on a claim they are the real protectors of US interest, and preach it as "high moral" ground. We at LTN believe that China and the United States are committed to building an overall positive and cooperative relationship in this 21st century. This relationship is of Global significance requiring cooperation on wide-ranging economic issues. I have been watching this currency issue for the past several years, and it is only part of an important and complex relationship. So, I believe that it is the responsibility of the both powerful governments to offer their citizens the facts, and in the case of the those US Congresspersons who insist on playing a dicey blame all ills on China 10
game for short term personal political gains and chance derailing this generally constructive relationship, I say find an honest way to get the votes of your constituents, America needs China as its "friend", work on it! ---Paul A. Ebeling, Jnr. www.livetradingnews.com
____________________________________________________ ________ Chartists Plot Your Points US Key Indices Support and Resistance
DJIA: Close at 10,211.07 Resistance: 10,285 is the late December consolidation high The 200 day SMA: 10,313 10,365 the late September 2008 low The 50 day EMA: 10,447 10,496 the November 2009 high 10,609 the Mid-September 2008 interim low 10,730 the January 2010 high 10,920 the May 2010 high 10,963 the July 2008 low 11,100 from the July 2008 low 11,205 the April closing high 11,734 from November 1998 high Support: 10,120 the October 2009 high 9829 the September 2008 closing high 9918 the September 2008 high 11
9855a early September 2009 high 9835 the late September 2009 high & the February 2010 low 9774 the May 2010 intra-day low
S&P 500: Close 1091.60 Resistance: 1101 the October 2009 high 1106 the September 2008 low The 200 day SMA: 1108 1114 the November 2009 high 1119 the early December 2009 intra-day high The 50 day EMA: 1121 1131 the bottom of the January 2010 consolidation 1133 a September 2008 intra-day low 1151 the January 2010 high 1156 the Sept 2008 low 1170 the past March 2010 high 1174 the May 2010 high 1181 the April 2010 selloff low 1185 late September 2008 Support: 1084 the September 2009 high 1078 the October range low 1070 the late September 2009 high 1044 the October 2008 intra-day high & the February 2010 low
1040 the May 2010 low 1020 the bottom of the late summer 2009 consolidation 946 from June 2009
NAS: Close 2243.60 Resistance: 2245 from July 2008 2278 the April 2008 lows 2273/2282 the bottom of January 2010 lateral high 2292 a low from January 2008 The 50 day EMA: 2311 2319 the September 2008 high 2326 the January 2010 high 2324 resistance from early 2008 2382 resistance from 2008 2412 a high in 2007 2434 the May 2010 high 2453 the August 2008 high Support: The 200 day SMA: 2239 2205 the November 2009 high 2185 to 2195 a support level in years: 2004, 2005â€™a consolidation, the January, March and July 2008 lows, and October 2009 high. 2177 low from March 2008 2169 the March 2008 closing low: Double Bottom 2168 the September 2009 intra-day high
2167 from the July 2008 intra-day low 2155 the March 2008 intra-day low 2100 the February 2010 low
_________________________________________________________ Hot Topics for this Week Warren Buffett lunch price tops US$2 million W inning bid for lunch with W arren Buffett is US$2.6M, breaks online charity item record The price of lunch with billionaire investor Warren Buffett has topped US$2 million once again, breaking a previous record for the most expensive charity item ever sold on eBay. The final price of US$2.6M was announced Friday night after this year's online charity auction wrapped up at 10:30 p.m. EDT. The amount is even pricier than the US$2.11M bid in 2008's Buffett lunch auction. Robert Chatwani, director of global citizenship for eBay, said it's the "largest ever single auction for charity that's been sold on eBay" in its 15 yr history. "I tell you, some people really want to have lunch with Warren Buffett, huh?" Chatwani said. "It's really exciting." The lunch auction benefits the Glide Foundation, which provides social services to the poor and homeless in San Francisco. A Glide spokeswoman said Friday's winning bidder wants to remain anonymous. "It means a lot for Glide. They have about a US$17M annual budget, and this is a huge part of that," spokeswoman Denise Lamott said. "We've been hurting from the economic crisis. This will help, and we're grateful." The bidding started at US$25,000 last Sunday. Last year, a Canadian investment firm paid US$1.68M to dine with Buffett at New York's Smith and Wollensky steak house. In Y 2008, a Chinese investment fund manager paid the US$2.11M. Buffett is chairman and CEO of Berkshire Hathaway Inc., and one of the world's most famous investors. His investment success and folksy wisdom have earned him a devoted following. He has supported Glide ever since his late first wife, Susan, introduced him to Glide's founder, the Rev. Cecil Williams. Buffett has said the organization and Williams, who has led the nonprofit for more than 45 yrs, do a remarkable job of helping people recover after they hit rock bottom. The date of the lunch will be determined later, once the winning bidder and Buffett agree on a time. ---Paul A. Ebeling, Jnr. www.livetradingnews.com
USA inventories rise for 4th month running Inventories held by United States businesses rose for a 4th consecutive month in April while total business sales increased for a 13th month running.
The US Commerce Department said yesterday that inventories were up 0.4% in April after an upwardly revised estimate of a 0.7% gain in March. Total business sales rose 0.6% in April. Analysts said the 1.2% May drop in retail sales, the largest in 8 months, will be worrisome if it is followed by further declines since consumer spending is 70% of total economic activity. The April increase in inventories reflected gains of 0.5% in stockpiles held by manufacturers, increases of 0.4% in inventories at the wholesale level, and 0.2% in the retail level. Total inventories had fallen for 13 consecutive months starting in September 2008. Businesses engaged in a massive liquidation of their stockpiles in an effort to trim costs during a severe recession. The move away from slashing inventories to restocking has played an important role in supporting growth in the past two quarters.---Paul A. Ebeling, Jnr. www.livetradingnews.com
Moody’s calms EU bank debt fears European banks would be able to absorb “severe” losses on their exposure to Greek, Portuguese, Spanish and Irish assets without having to raise additional capital, according to a new study from Moody’s, the credit rating agency. The analysis, based on Moody’s own “stress test” of more than 30 European banks from 10 countries, may ease fears about the financial sector’s exposure to embattled EuroZone economies amid the specter of the Greek default. “Based on our stress test, we believe that these banks would be able to absorb the losses that could arise from such exposures without requiring capital increases – even under worse-than-expected conditions,” said Jean-François Tremblay, one of the authors of the report. European bank stocks have fallen sharply in recent weeks amid investor concern over the possible contagion effects of a worsening debt crisis in Greece as well as the credibility of the austerity programs being put in place across the region. A US$1,000B (T) rescue package agreed by European finance ministers and the International Monetary Fund last month has failed to steady markets amid doubts as to whether governments in Greece, Spain and other countries would actually be able to enforce swinging cuts in public sector spending. The Moody’s report does not disclose which European banks participated in its study. But it concludes that while those institutions surveyed are not “immune” against a wider systemic crisis, they already have adequate capital cushions to absorb losses even under “harsh” economic conditions. The research also found that private sector debt was a more significant exposure for most banks than sovereign or public sector debt. ---Paul A. Ebeling, Jnr. www.livetradingnews.com
The EUR fell vs. the USD in New York markets Friday The Euro fell against the Greenback Friday despite a weak report on US retail sales.
According to the US Commerce Department, retail sales tumbled 1.2%, the biggest and 1st drop since September, as consumers pulled back their spending from cars to clothing, analysts expected a moderate rise. The Thomson Reuters/University of Michigan preliminary index of consumer sentiment increased to 75.5, the highest since January 2008, from 73.6 in the previous month. The Euro dropped to US$1.2077 in late trading from US$1.2095 late Thursday. The GBP fell to US$1.4514 from US$1.4702, and the USD rose to 91.60 Japanese Yen from 91.20 Yen. In other late trading Friday, the USD rose to 1.0370 Canadian dollars from 1.0317 Canadian dollars, and gained to 1. 1505 Swiss francs from 1.1450 francs.---Paul A. Ebeling, Jnr. www.livetradingnews.com
BRIC: Brazilian Central bank governor says, stability essential to growth Governor of the Brazilian Central Bank Henrique Meirelles stressed Friday that the economic stability is essential to the country's growth. Meirelles said that the stability allows the planning to be expanded and enables the return of investments in the country's economy, which will lead to a higher productivity. According to him, until 2003, when Brazilian President Luiz Inacio Lula da Silva took office, the productivity growth was low in Brazil, and from Y's 1995 to 2003, only 23% of the GDP growth in Brazil originated from the productive sector. However, he added, from Y's 2003 to 2007 those figures jumped to 63% of the GDP growth due to the rise in the productivity. Meirelles said maintaining economic stability is essential for the country to keep growing and defended the strengthening of the Central Bank to contribute in this process. He also stressed the importance of maintaining the inflation rate target system, adding that investing in education, technology and innovation will contribute to Brazil's sustainable development. ----Paul A. Ebeling, Jnr. www.livetradingnews.com
At the Movies with The Hollywood Reporter (aka THR)
'Karate Kid' wins weekend with US$56M Remake overwhelms, boosts weak b.o.; 'A-Team' is No. 2
Sony's remake of "The Karate Kid" kicked some life into a previously listless domestic boxoffice with a surprisingly powerful opening weekend estimated at $56 million. Completing a notable one-two combo, Fox's bigscreen adaptation of "The A-Team" debuted in second 16
place with $26 million -- even if "Kid" did seem to pocket some of the rival actioner's coin. And displaying how a hit movie can spread boxoffice wealth to others, three holdovers marked solid sophomore sessions: Universal's Russell Brand comedy "Get Him to the Greek" dipped just 43% to ring up $10.1 million in fourth place for $36.5 million in cumulative coin. Lionsgate's action comedy "Killers" fell a relatively modest 48% to $8.2 million in fifth place, with cume of $30.7 million. Fox's family laugher "Marmaduke" dropped 48% to $6 million in seventh with a $22.3 million cume. Only Warner Bros.-distributed "Splice" failed to find second-week traction. The scifi thriller tumbled a big 61% in piecing together just $2.9 million in 10th place for a $13.1 million cume. Collectively, the weekend top 10 fetched $141.6 million, or 10% more than top performers in the same frame last year, Rentrak said. Among limited bows, two documentaries rung up impressive sums: "IFC's "Joan Rivers: A Piece of Work" registered $170,580 from solo runs in three markets, or $24,368 per site, and Variance's charter school film "The Lottery" grossed $17,200 from a single New York screen. Elsewhere in the newly roused artfilm niche, Roadside Attractions drama "Winter's Bone" fetched $75,442 from two New York locations and a pair in L.A. for an auspicious screen average of $21,360. And Sony Classics' period drama "Igor Stravinsky and Coco Chanel" grossed $48,892 from two New York theaters and one in L.A. for a fashionable $16,297 per venue with cume of $153,664 including Canadian coin from past sessions. Starring Jaden Smith and Jackie Chan, "Kid" was directed by Harald Zwart ("Pink Panther 2") and remakes a 1984 original that paired Ralph Macchio and Pat Morita in well-known roles of an undisciplined-but-gifted karate student and his insistent teacher. Production costs totaled just $40 million. "It played so broadly," Sony distribution president Rory Bruer enthused. "We took a beloved title and made it fresh and relevant." PG-rated "Kid" drew audiences comprised 53% of females, with 45% of patrons family moviegoers. The movie's opening exceeded prerelease projections by at least $20 million, underscoring the difficulty of forecasting family films. Joe Carnahan ("Smokin' Aces") directed "A-Team" cast including Liam Neeson and Bradley Cooper, with production costs totaling at least $95 million. Like its small-screen predecessor from the 1980s, the movie follows special-ops exploits of a team of military vets seeking to clear their tarnished records. Rated PG-13, "A-Team" audiences skewed 59% male, with 61% of patrons aged 25 or older. "We have room for a lot of growth, and we're optimistic that word of mouth will spread among young people who were not familiar with the source material," Fox senior vp Chris Aronson said. Looking ahead, two pics open wide on Friday: Disney/Pixar's 3D three-quel "Toy Story 3" and Warners comic book-inspired actioner "Jonah Hex." The former targets similar demos as "Kid," but Bruer said he views the Disney pic as an "enhancement to the market" that will help sustain robust theatrical business for other pics. ____________________________________________________________________________________
Current US Stock Market Sentiment + Bulls vs. Bears MARKET SENTIMENT Are you watching the VIX? Volatility Friday moved smartly to the Southside, coming down to the 50 day EMA and undercutting the lows over the past 3 weeks. Rallies often start a few weeks after volatility hits a high, and it looks like volatility has hit its high in here. Volatility usually does not follow the patterns as stocks do. From the looks of the chart it appears as if the market is trying to make a case for a rally in here. The VIX has broken the pattern of higher highs and higher lows, so the oversold bounce is likely to have some better traction. 1. VIX: 28.79; -1.78 2. VXN: 28.8; -2.5 3. VXO: 27.9; -1.78 4. Put/Call Ratio (CBOE): 1.08; +0.08. this reading indicates that there is lots of skepticism about any upside action in here. We all can see that there are extreme negative views about this market being broadcast and talked about everywhere. NB: Are you watching the VIX? It always tells us when we are moving back to a more rational market. *The Market Volatility Index (VIX) measures the volatility of the market. A recent news story described it as "the options market's gauge of investor fear." Traders use VIX as a general inverse indicator of market volatility and sentiment. High numbers mean that there's excess bearishness, and low numbers indicate excess bullishness. The VIX is updated intra-day by the Chicago Board Options Exchange (CBOE), using Standard & Poorâ€™s 500 Index (SPX) bid/ask quotes. It was created in 1993. **The CBOE NAS Volatility Index (VXN) employs the same formula used to calculate US$VIX, which is based on the implied volatility of S&P 500 index options. This formula is derived from a basket of put and call options. Some are out of the money, some in the money, and some at the money. The resulting US$VXN represents the implied volatility of a hypothetical 30-day option that is at the money. ***The VXO is the ticker created to track the "original VIX" that was calculated using the prices of S&P 100 options. The new VIX uses the ticker US$VIX and is calculated using the prices of S&P 500 options. The fundamental nature of the VXO is the same as the VIX, but it is less robust and not as simple as the VIX. Bulls vs. Bears This is a reading of the number of Bullish investment advisors vs. Bearish advisors. This indicator gives us a look at Bullish investors too bullish then everyone is in, and a Top is shaping up and visa-a-versa. Bulls are at 38.5%. Falling on the last failed rally attempt and down from 39.8% the week before, and really down from 43.8%, 47.2%, and 56.0% past. This move started at a low of 35.6% in February, the lowest it has been since July 2009. 35% is the threshold level suggesting Bullishness. For your reference The Bulls are over the 35% level that is the Key level for a Bullish climate. Bears are at 39.9% and that is a big spike from 28.4% that indicates a rare crossover as Bears top Bulls. The Bears continues their rise from 24.7% the week before where it was holding steady for a few weeks. They fell to 18.7%, the low on this run. Over 35% is considered Bullish for the market. For you reference a break through the 35% threshold is considered Bullish, and the Bears hit a high on this run of 47.2%. Bearishness hit a 5 yr high at 54.4% the last week of October 2008.
What to expect this week and down the line… This week is filled with a lot of economic data, i.e. regional manufacturing with New York on Monday, and then industrial production/capacity on Wednesday, then housing starts, building permits, initial jobless claims, and the CPI, leading indicators and the Philly Fed on Thursday. Perhaps we will get another surprise out of the EU like we did on Friday. There is not much anyone can do about it, it is “in the News”, but on Friday the market looked like it had priced the EU “problems” in as stocks posted another gainer to close out the week on a high. The consensus of the analysts that I read and respect is that they (read, we) look for this move to continue, but it may not continue daily this is options expiration week and usually there is a down day in the mix, it could be Monday. If it does happen today, it is an opportunity, IMO. This market looks strong to me as more and more of the “good stocks” are setting up to make Northside moves as the markets move up to test the January highs in here. So from my POV I look for the rally to continue with the targets the January 19 high of 1150.23 on the S&P 500. The Rule: always take what the market gives. Have a great week! All the best,
Crude Oil and Gold Focus Report w/Technical Outlooks Gold rebounds, Crude Oil prices falls on weak retail sales in the USA
Gold rebounds... Gold futures on the COMEX Division of the New York Merc bounced Friday, as a decline in US May retail sales raised new concerns about the durability of the US economic recovery. Silver and Platinum softened too. The most active Gold contract for August delivery climbed US$8.00, or 0.7%, to finish at US$1,230.20 oz. The US Commerce Department said on Friday that retail sales fell 1.2% in May, which was the 1st drop in 8 months, and below expectations which called for a slight gain. The unexpected drop in retail sales dampened investor's optimism about US economic recovery, as consumer spending on goods accounts for 70% of U.S. economic activity.
The Euro touched its 1-week high vs. the USD early Friday, and fell against the USD after the government released the disappointing retail sales report. Gold surged to a record high Tuesday and fell 1.9% in the following 2 days. The lower price and fears of a double dip recession both drove investors to purchase Gold as a hedge against economic uncertainty and volatile currencies. July silver was down 12c, or 0.7%, to settle at US$18.231 oz, and July Platinum dipped US$1.2, or 0.1%, to settle at US$1,535.0 oz. The Overall Technical Outlook Comex Gold (GC) A temporary top is in place at 1254.5 and intra-day bias is turned Neutral. A deeper retreat might be seen but the short term outlook remains Bullish as long as the 1198.1 support level holds, and recent up-trend is favored to continue. A break above 1254.5 will target 1300, the next Key level. But a break of the 1198.1 support will be the 1st sign of topping, and will turn focus to 1166 support for confirmation. The Big Picture: right now Gold's up-trend is favored to continue towards 100% projection of 931.3 to 1227.5 from 1044.5 at 1340 next. Note: a decisive break of the 1166 support will tell me that the rise from 1044.5 has completed, and will turn outlook Bearish for retesting this Key support instead. Crude Oil prices fall... Crude Oil prices fell Friday due to a report on an unexpected fall in May retail sales in the USA. The US Commerce Department reported that total retail sales fell 1.2% in May after April's upwardly revised 0.6% rise. It was the 1st decline since September. The consumer sentiment report helped the "Greenback" strengthen against the Yen and Euro, while putting pressure on the energy prices. A report released Friday showed China's industrial output slowed in May from April, fueled concerns that economic growth in the 2nd largest energy consumer may slow. Light, Sweet Crude for July delivery fell US$1.70, or 2.25%, to settle at US$73.78 bbl on the New York Merc. In London, ICE Brent fell 94c to settle at US$74.35 bbl. The Overall Technical Outlook Nymex Crude Oil (CL) Crude Oil's rebound from 64.24 may be still in progress, and further rise might be seen. Nevertheless, I am expecting strong resistance at 61.8% retracement of 87.15 to 64.23 at 78.39 to limit any upside move and to close the correction.
On the Downside: a break below 69.51, the minor support, will augur that the recovery is complete, and will flip intra-day bias back to the Southside for retesting 64.24 low 1st. The Big Picture: the prior break of the 68.59/69.50 support zone affirms my POV that the medium term rebound from 33.2 has completed at 87.15 already, just ahead of 50% retracement of 147.27 to 33.2 at 90.24. Hence, a further decline should be seen to 50% retracement of 33.2 to 87.15 at 60.18 at least. Further, the rebound from 33.2 is viewed as a correction to the whole correction that started in Y 2008 at 147.27, I still anticipate a break of 33.2 low in the longer term. On the Upside: a break of resistance at the 78 level is needed to indicate that fall from 87.15 is completed, else I will stay Bearish in here. Stay tuned....Paul A. Ebeling, Jnr. www.livetradingnews.com
FOREX Currency Trading Today's Overall Technical Analysis: EUR/USD EURUSD: Recovering with strength towards 1.2353/1.2451 EURUSD: Having triggered a corrective recovery following its recent weakness to a low of 1.1875, a look to further strength continues to build towards its June 1, 2010 high at 1.2353. A decisive break North through there will clear the way for a run at the 1.2451 level, its May 28, 2010 high where strong resistance may be seen. Further out, its May 21, 2010 high at 1.2671 comes as the next upside target. This POV remains valid while EUR continues to trade above the 1.2000/1.1875 zone. The EUR looks to have moved out of a oversold zone and indicators are now pointing higher. However, a break and hold below the 1.1875 level, its 2010 low will have to happen in order to derail its corrective recovery, and bring further weakness towards its January 2006 low at 1.1801. A violation of there will augur further weakness towards its major support at 1.1640 established in Y 2005. But, having triggered a corrective recovery, the pair now looks likely to build on those gains. Stay tunedâ€Ś
Disclaimer This report is prepared solely for information and data purposes. Opinions, estimates and projections contained herein are the author's own as of the date hereof and are subject to change without notice. The information and opinions contained herein have been compiled or arrived at from sources believed to be reliable but no representation or warranty, express or implied, is made as to their accuracy or completeness and neither the information nor the forecast shall be taken as a representation for which the author incur any responsibility. The does not accept any liability whatsoever for any loss arising from any use of this report or its contents. This report is not construed as an offer to sell or solicitation of any offer to buy any of the currencies referred to in this report.
Small Cap Stocks to Watch Alert: Shares of healthcare services company Hythiam, Inc. broke North from GroundZero several sessions ago and broke out Friday, rallying 63% on 12 + times average volume, strong action. T. Shares of HYTM closed at $0.30, up 13 cents on the week.
Hythiam, Inc. (HYTM) This Company is doing good work and closing in on the answer to addiction of drugs and alcohol through its patented Prometa® therapy, a protocol that is designed to reset dysfunctional receptors in the brain to a pre-substance abuse state while integrating medical, behavioral, and nutritional components. Hythiam has 21 patents issued or allowed and 95 applications pending. Q-1 Y 2008 revenues grew to USUS$11.3 million, with 60% increase in contributions from anti-addiction services. Hythiam recently signed an Agreement with Ford Motor Corp. to offer its services to Ford’s employees worldwide. Hythiam provides comprehensive behavioral health management services to health plans, employers, and criminal justice and government agencies. In May 2008, Hythiam announced reimbursement agreement with CIGNA HealthCare for Prometa based treatment program. Its CATASYS™ Integrated Substance Dependence Solution is the only program of its kind dedicated exclusively to chemical dependence. The company also researches, develops, licenses and commercializes innovative and proprietary physiological, nutritional, and behavioral treatment programs. This market represents 180 million lives, and over 22 million Americans suffer from dependence on illicit drugs or alcohol, with only 18% seeking treatment. Direct medical costs in the US are over USUS$42B. Cocaine/stimulant addiction therapy is a multi-billion dollar market opportunity that was previously without effective treatment. www.hythiam.com Volume Alert: Shares of healthcare services company Hythiam, Inc. broke North from GroundZero several sessions ago and broke out Friday, rallying 63% on 12 + times average volume, strong action. T. Shares of HYTM closed at $0.30, up 13 cents on the week. Currently trading at .26/shr -.04 on the week. Support .24 Resistance .27 The 50-Day EMA is .22. There is Bearish Harami on June 11 Technicals are overall Neutral to Bullish. The recent Candle Stick analysis is Bearish Latest News and Opinion: Skymark Research Initiates Independent Research Coverage on Hythiam, Inc. http://finance.yahoo.com/news/Skymark-Research-Initiates-pz-2442017470.html? x=0&.v=
Archer Entertainment Media Corporation (AEMC) Archer Entertainment co-presented the Miss Thailand World Pageant in Bangkok, Thailand, in October, where it announced at a press conference it was outlining plans for construction of a US$250 million USD state-of-the-art film studio-theme park 30 minutes from Bangkok, with hotels, restaurants and its own airstrip. Archer is building a strong brand emanating from Asia to Worldwide. Beginning as a builder of digital cinemas converted from analog, in china, it is emerging as an internet-focused entertainment-media hub, with the unusual addition of its own production and distribution activities. Several Asian and European film funds are being raised, aimed at a total of USUS$500M to begin filming its slate. Archer co-sponsored the 1st Worldwide Comedy Film Festival, in Phuket, Thailand, this past June. The company has 9 feature films in development, as well as a number of TV series, to be cast with American, Canadian, British, Australian and Asian stars and other support actors, international directors, and below-the-line staff. It is introducing getonline.com, a global database of actors, writers, directors, designers, and other personnel, initially from Asia, introducing thousands of new talent to the worldwide employment market. Preparations are well advanced for a large-budget motion picture, “Kings of the Seas,” a high-adventure comedy- drama about the 16th century meeting of East and West in the China Seas, to star actors like Hugh Jackman and Jet Li, The global entertainment market is set to explode with the growing wealth of countries like China and India, whose own films and television projects are becoming more international, if not westernized. The success of recent Chinese films, like “Crouching 22
Tiger,” “Hero,” and others, and the huge recent hit from Danny Boyle set in Mumbai, India, “Slum Dog Millionaire,” presage success for Archer Entertainment Worldwide. Trading at US$0.12/shr. +.02 Support .10. Resistance .18 The 50 Day EMA is .24 Technicals are overall Bearish. The recent Candle Stick analysis is Bearish There is a Bearish Engulfing Candle on June 11, and a Gap open up between .10 and .20 on June 10, 2010. Latest News and Opinion: Arjuna Media is Formed and Announces That John Deere Scion Leads Consortium in Bid to Take over Archer Entertainment Media Communications http://finance.yahoo.com/news/Arjuna-Media-is-Formed-and-bw-2993954546.html?x=0&.v=1
Neah Power Systems, Inc. (NPW Z) NEAH has developed and successfully tested a patented, silicon-based, micro fuel cell, which recently passed 2000 hours of continuous energy production. The Company claims it will eventually replace batteries. It recently successfully completed a second round of tests for U.S. Navy Office of Naval Research, which has invested US$3 million into the Company, which expects to offer its products to the entire range of the US and global military. The self-contained fuel cell also has a large market in police, and fire departments, and other first responders, including ambulance, paramedic and emergency room personnel, as well as power solutions for notebook PCs PDAs, mobile phones, camcorders, digital cameras and other portable electronic devices. NEAH’s fuel cell fits within a notebook PC’s internal battery cavity instead of outside the computer, and uses methanol, a renewable resource, which delivers continuous untethered power. NEAH recently received a cash infusion from Agile Opportunity Fund, and also acquired SolCool One, LLC, and a leader in the solar air conditioning industry. NEAH recently announced a joint venture with Hobie Cat boats to develop a fuel cell propelled craft, and also revealed another with EKO Vehicles of Bangalore, India, to develop a fuel cell charger for their line of motorcycles and scooters sold around the world. http//www.neahpower.com The iHubbers are also talking about Neah. Currently trading at .07 -.02 Support NIL. Resistance .09 The 50 Day EMA is .19. There is a Bearish Harami on June 8, Technicals overall are Bearish. The recent Candle Stick analysis is: Neutral Latest News and Opinion: Neah Power Systems Financials http://finance.yahoo.com/news/Arjuna-Media-is-Formed-and-bw-2993954546.html?x=0&.v=1
TOMI Environmental Solutions, Inc. (TOMZ). “TOMI” is an infectious disease control company, which uses one of the most powerful disinfectants known to man ozone. The Ministry of Health, in Thailand, has invited TOMI to demonstrate its prowess in eliminating pathogens in a military hospital, similar to its success in September, in a Baltimore hospital operating room, in which it killed 99.999% of all viruses, bacteria, mold spores, and pathogens. TOMI’s technology can be used against all forms of pathogens, including Swine Flu. Hospitals can be a significant hazard to sick people, and TOMI may come to be the only answer to a real problem in healthcare. TOMI remediated a high school in Brooklyn, NY after a flu outbreak, and outperformed any other known treatment method, killing 99.999 percent of all bacteria, viruses, and mold spores, using TOMI’s Ultraviolet Ozone Generators. The EPA reports that indoor air pollution is in the top five risks to public health. The American Medical Association (AMA) says that indoor levels of pollutants are between 25 and 200 times higher than outdoors. TOMI-ES has an exclusive distribution agreement with Advanced Disinfection Technologies, LLC to market their MRA Technology to over 300 Hospitals with its alliance partners. Magnetic Resolution Activation (MRA™) is a 23
revolutionary breakthrough disinfection process that effectively kill microorganisms, is not harmful to people or animals, is non-allergic, inexpensive and convenient to use. 2.4 million people each year require additional hospital care. Hospital-acquired infections (HAIs) account for more than 120,000 deaths annually in the US. ADTec's research and development company and TOMI’s complete air remediation for all forms of disinfection for many industries, solves this problem with the ability to kill 99.99% of harmful bacteria, viruses and spores in a hospital room in 15 minutes at a very economic price. Unlike harmful chemicals, the Reactive Oxygen Species fog (ROS) does no damage to any known material. www.tomiesinc.com Currently trading at .18 -.21 Support NIL Resistance .36. The 50-Day EMA is .47. The overall technical indicators are Bearish. The recent Candle Stick analysis is: Neutral Latest News and Opinion: TOMI Environmental Solutions along with Rolyn Companies completes successfully the First Ever Application for the Eradication of Mold Spores in a Residential Setting using the Ultra D-Fogger. http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_T/threadview? m=tm&bn=80228&tid=22&mid=22&tof=1&frt=2
“On the W atch List” contains potential investment opportunities suitable small, mini and micro cap portf olios.
On The Watch List Pulmo BioTech Inc. (OTCBB: PLMO) (FRANKFURT: PBO) Pulmo BioTech Inc. (www.pulmobiotech.com) is a venture capital company focused solely in medical research, development and marketing. We have acquired, and shall continue to seek investment in and acquisition of new technologies. We shall further develop effective methodologies for the prevention and detection of cardiovascular related disease. The experience and reputation of our principals and staff, particularly for their innovation and entrepreneurial drive, is the key force behind Pulmo BioTech, where ideas become reality. Combining business experience and the highest academic and medical credentials, our staff are proven performers in small and large firms and have worked with a broad range of investment institutions. Our latest investment has been made through a recently formed Canadian Company, PulmoScience. PulmoScience is developing a range of new diagnostic procedures for the imaging of the circulatory system of the lungs. These products have the brand name PulmoBind. PulmoBind will almost totally eliminate any physical damage to patients during a lung scan (current scans involving nuclear medicine based diagnosis of Pulmonary Embolism are known to cause tissue damage), while at the same time giving the medical community sharper images and enhanced information, ultimately enabling better diagnostic judgments.
PulmoScience is partly owned by the prestigious Montreal Heart Institute (www.icm-mhi.org) which funded the early stage work for this exciting new diagnostic technique. Dr Jocelyn Dupuis, the originator of this new technology, also has a stake in the Company. By bringing together the experience, imagination and drive of the inventor, the experience and facilities of the Montreal Heart Institute, and the managerial and financial capabilities of Pulmo BioTech, a product has been created to capture a dominant position within its’ marketplace. Pulmo BioTech Inc is a venture capital company focused solely in medical research, development and marketing. We have acquired, and shall continue to seek investment in and acquisition of new technologies. We shall further develop effective methodologies for the prevention and detection of cardiovascular related disease. Read the whole Story at: http://www.livetradingnews.com/pulmo-biotech-inc-on-the-hot-list-otcbbplmo-frankfurt-pbo-13552.htm
Ronn Motor Company (RNNM.PK) Ronn Motor Company (PINKSHEETS: RNNM) (www.ronnmotors.com) announced that the renovation on their new Green manufacturing facility and corporate headquarters is nearing completion. In keeping with their “green” theme, Ronn Motors was able to locate, hire and utilize independent, green, certified, local contractors that have made extensive use of green materials in the construction process wherever possible. It is expected that the manufacturing facility will be available for limited access within the next couple of weeks. This will provide the company an opportunity to move in and start setting up production in the mid May time frame. Full access to the facility is projected for the end of May. Ronn Maxwell, CEO of Ronn Motors, commented, “We’re thrilled. After a few construction delays, we can finally see the end, or should I say the beginning of a new phase. Our planning is completed. We are geared up and ready to quickly move towards full production of the Scorpion HX and H2GO real-time hydrogen injection system and, more importantly, start delivering on our commitments in the 3rd Quarter of this year.” While waiting for the completion of the renovation of the new Marble Falls manufacturing facility, Ronn Motors has been working on the initial plans and design of a new midrange sports hybrid sedan, based on electric/diesel hybrid technologies. The board has now given the go-ahead to move forward and put those plans on the drawing board. During the last two years Ronn Motors has met with many electric, diesel and hybrid drive-train manufacturers, as well as other automotive designers. The new Marble Falls facility will provide adequate additional space to develop this car in the future. Ronn Maxwell, CEO of Ronn Motor Company, stated that, “Consolidating our manpower and leveraging the skills and lessons learned from the creation of Scorpion HX should help to provide us a competitive edge in this new developing market. We are genuinely excited about the future new addition to our fine family of eco-friendly products.” It is interesting to note that the Japanese automaker and Tesla Motors will be teaming up to develop electric motor vehicles in California. Toyota will not only be investing US$50M of capital into Tesla but will also provide engineering and production systems for the development of electric vehicles.
Production of Tesla model S sedan According to the deal, both the automakers will be working together to manufacture Tesla model S sedan, which is a high performance electric sedan, competing with cars like the BMW 5-series. The cars will be manufactured in a plant in California in 2012. Initially, the automakers are expected to produce 20,000 vehicles. The unit will employ 1,000 workers, which are expected to grow to 10,000 over the years. Read the whole Story at: http://www.livetradingnews.com/electric-car-news-tesla-toyota-and-ronnmotors-13805.htm
HEALTHY COFFEE INTERNATIONAL, INC. (HCEI.PK) HEALTHY COFFEE USA (www.hcei.biz) is focused on bringing health to the world’s most popular and widely distributed drink, coffee. The company’s proprietary formulas combine the health benefits of Ginseng, Reishi Mushroom, and other top quality ingredients with the world’s finest coffee beans to create a line of deliciously healthy instant gourmet coffee drinks. Healthy Coffee’s products are sold exclusively through its subsidiary, Healthy Coffee USA, Inc., which uses a simple and unique Internet-driven international business model that allows the average person to own and operate a local, national, or international coffee distribution or coffee house business with very little capital investment or overhead. Healthy Coffee is well positioned in the market place at the intersection of three mega-billion dollar industries: coffee, wellness and energy drinks, and has quickly moved into international markets by establishing preliminary marketing offices in more than a dozen countries. Network marketing is the fastest distribution model to bring a product to market, and Healthy Coffee USA’s initial goal is to open 20 countries with a minimum of 50,000 independent distributors in each country within five years, for a total of one million independent distributors. The company’s vision is to bring health to the world’s largest and most popular drink, coffee and to be recognized globally as The World’s Healthy Coffee Company®!. In pursuit of our vision, we will: Provide the highest quality Healthy Coffee drinks and wellness products. Provide an opportunity for the average person to own a coffee distribution or coffee house business without the big capital and overhead, and market globally via the internet. Provide our independent distributors with a sense of “belonging” by being able to own stock in our public company and know they will be part of the company’s projected growth. Build a legacy company that holds integrity as its foundation, because we believe that “integrity is honoring your word”, and make a difference in the industry by offering a real home to its distributors. Build our shareholders’ value in the company by maintaining stability and improving financial performance. Give back to the community by helping the orphans and poor children of the world. Read the whole Story at: http://www.livetradingnews.com/healthy-coffee-hcei-on-global-mlmexpansion-13716.htm 26
“On the W atch List” contains potential investment opportunities for suitable small, mini and micro cap portfolios.
____________________________________________________ _______ Red’s Rules to Always Play by… Do what they do on W all St. and not what they say; that means tune out the “Noise”. Some folks like to buy stocks because they are upgraded, or sell stocks because they are downgraded; that’s the wrong approach. Learn how to evaluate stocks for yourself. It is not a difficult process; the steps are 1) check the volume for a buying or selling patterns, 2) recognize support and resistance levels and utilizing key charting patterns. I use www.stockta.com for my data. Knowledge is Power (and Money) Over my 30+ yrs playing the stock market in earnest, I have learned that there are winning stocks that most traders and investors completely ignore and abhor. And when played right, these overly unappreciated issues often lead to huge gains, but it is all about timing. There is no mystery here; you all know and/or have heard about “penny stocks” i.e. those that trade under USUS$5.00/shr on US markets (10’s of thousands of stocks trade on other world markets under USUS$5.00/shr and are not referred to in the same pejorative manner). This is just a label (designed to diminish their value and keep you away, IMO). The fact is that there are many, many studies made over the years that prove that these stocks outperform the overall market, and when there is a steady new Bull Market, the little stocks (small caps, micro and mini caps) lead the Charge. As a class, they are the most undiscovered and underappreciated sector of stocks and the sector where the biggest chance ends up big winners on a consistent basis. I call them Little Gems; they are indeed Wall Street's buried treasure for those who wish to go treasure hunting. Here, in the RedRoadmaster, I work to uncover solid, moneymaking companies whose shares are grossly undervalued and virtually undiscovered, and they sell for USUS$5 or less a share. And do not forget to always include some small, mini and micro cap (pennies and juniors) sues in your sights; they can give you explosive percentage returns like no others. Savvy traders do not wait for the stock market to hit bottom, recover or get toppy; they do not double down or resort to tricky, desperation moves. They make simple moves on good data and bank some gains. Do not think get rich - think get rich slowly; it works. Even if you know absolutely nothing about how to start making a living in the stock market, and want to learn how to do it, the first step is to learn from someone who knows how to do it successfully. The stock market is about success, and the lifestyle that comes with it, but it must be done carefully, both by picking the issues and in the trading of them, because one wants to make money doing it independently and without stress.
You can’t reverse your “bad plays”. Breathe through your nose, count to 10 and move ahead. Go forward, and only focus on what the opportunities are in front of you to win in the stock market game. You do not live in the scrapbook, and always take what the market gives. A journey of a thousand miles begins with the first step (Confucius); Download and read and study “Knowledge is Power,” my e-Book, its Free. Always remember that we look at the risk first and decide how to manage it before ever entering a position. Yes, losses will be incurred; it is part of this and any business, and not a bad thing if they are controlled. Again, think “get rich steady" and not "get rich quick" and think Education! The Bull is charging, and this perhaps this the best investing scenario since the early 80's. It is happening now and savvy traders and investors are positioned and in the action. Remember to always be nimble and take what the market gives. Have a great week, and stay tuned. All the best as the leaves turn…
Red PS Some of you know that I am the founder and non-Executive Chairman of Archer Entertainment Media Communications, Inc., www.archeremc.com, also that I am the Co-Founder of www.livetradingnews.com also check out www.paulebeling.com and follow me on Google News Paul Ebeling. Check it out please, let me know your thoughts. Please reply to Redroadmaster@aol.com
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Published on Jun 14, 2010