Chart to Watch - JMBA

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Jamba Inc. (JMBA).

I hope you are having a GREAT week!

This week let's take a look at a low priced stock that looks to have explosive upside potential.

All three MarketClub Trade Triangles Daily, Weekly, and Monthly are pointing up, which means all systems are GO for JMBA as of right now as far as the MarketClub Trade Triangles are concerned.

JMBA has been in a clear up trend and has hit a resistance area.

If JMBA breaks through resistance that will be extremely bullish price action, especially if the move through resistance happens on higher than normal volume, so please keep an eye on the volume, if JMBA continues higher. Continue reading "Chart to Watch - JMBA"

The 12 Rules to Follow for Buying Dividend Stocks

Many of you have probably filled out one of the "retirement planner" forms available online. Plenty of tax and accounting programs also have "Lifetime Planner" sections for folks to determine if they can afford to retire.

These sorts of programs plug certain assumptions into a formula, such as projected inflation rate, retirement income, anticipated spending levels, and portfolio growth rate. After you add your personal information, it projects how much money you'll be able to produce annually during retirement, and how long it will last.

The first time I ran these numbers, the program said I was good until 116 years of age. At the time, I believed that if we followed the plan as outlined, my wife and I would never have any real money worries. We'd be set for the rest of our lives and could proudly leave some to our children to help with their retirement. How naïve of me! Continue reading "The 12 Rules to Follow for Buying Dividend Stocks"

Ding, Ding, Ding?

Behold the beauty of this title: Investors Most Optimistic on Stocks in 3-1/2 Years in Poll

I was reviewing this morning’s news items the above headline stuck out like a sore thumb.

A little stroll down memory lane:

In May of 2012 NFTRH 188 used this graph among other indicators to get bullish on a risk vs. reward basis, stating “and then there is this beauty… the dumb money has lurched hard to ‘risk off’.

Smart/Dumb money confidence, May, 2012

I personally took some pretty good grief for writing Dumb Money Sold in May and Went Away over at Contrary Indicator Central – AKA the Seeking Alpha comments system – to the version of the article published at SA.  The most memorable of the responses by defensive bears was “Gary = Dumb Investor”.  I considered these comments to be of great value, because to be an effective contrary market player you must, almost by definition, appear dumb to most people a lot of the time. Continue reading "Ding, Ding, Ding?"

Gold Chart of The Week

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (January 21 through January 25)

As we begin this abbreviated week, U.S. markets continue to be the focal point as traders try to plan ahead for a continuation of reported earnings. Additionally, there is expectation that House Republicans are planning to punt the U.S. debt ceiling decision by three months if a few of their demands are also met as a compromise. Overall, I believe most traders (myself included) were delighted to see stability this morning as we won’t soon forget the MLK Day chaos from five years ago, when equities saw unwinding of a massive futures position held by a trader at SocGen. While we all welcome volatility, we also appreciate it in smaller doses!

The bulk of the earnings this week fall in the S&P 500 as just shy of one hundred companies in the index report earnings. Thus far, earnings have been decent as indicated by several closes last week above the prior September chart highs. Be sure to keep an eye on Apple as they report on Wednesday. Despite the fact that it has been on a recent slide, it still commands attention as it hovers the $500 mark. Continue reading "Gold Chart of The Week"

The Secret Word: Deflation - And the Next Five Years of Financial Turmoil

The following is a sample from Elliott Wave International's new 40-page report, The State of the Global Markets - 2013 Edition: The Most Important Investment Report

You'll Read This Year. This article was originally published in Robert Prechter's July 2012 Elliott Wave Theorist.

In the first five months of 2012, there were 20 times as many Google searches on "inflation" as there were on "deflation." This is down from a

ratio of 50 times in June 2008. If any theme has been overdone over the past six years, it is the theme of inevitable inflation if not hyperinflation.

Inflation reigned for 75 years, from 1933 to 2008. People are so used to it that they cannot imagine the opposite Continue reading "The Secret Word: Deflation - And the Next Five Years of Financial Turmoil"