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Thursday, May 17, 2012
Morning Matters:
Weekly Charts Updated
by Geoff Garbacz
Each week we highlight charts below of the S&P500, Russell 2000, NASDAQ Composite, UUP, EEM, TLT, HYG and CFT. The charts use the 50 day moving average slope indicator. When it is green we like the instrument we are tracking and when it is red we avoid the name. The TLT,UUP and CFT are positive with all others having turned negative. It is make or break time here and looks like we are breaking.
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Market Matters:
Futures Falling After Positive Overnight (Groundhog Day)
by Staff Writers
US futures (S&P -3.80, DJI -23, NDX -9.75) Asia higher ex Hang Seng and Europe lower. Copper and gold higher with WTI Crude Futures higher. $ is higher vs euro, higher vs. pound and lower vs. yen. US ten-year Treasury Yield +.012.
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Today's Superstock Investor Stock Scorecard:
CTRIP.COM INTL LTD (CTRP)
by Superstock Investor
We note that CTRIP COM INTL (CTRP) got an upgrade to buy this morning. CTRP is a Chinese based tracel services company. Our price target is much higher. The stock has fallen to just under $20 from above $50. A move back above $20 would interest us as proof that buyers are emerging. Otherwise the next stop is $15.
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Articles That Matter:
JP Morgan Crisis Is Not About Money
by Geoff Garbacz
Forbes has a great article on the JP Morgan (JPM) Crisis this morning. The crux of the article is that it is an attack on CEO Jamie Dimon.
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Morning Briefing Archives 
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Superstock Investor Special Report
Gold and Energy Advisor Real Wealth
(#308: May 17, 2012, 1:06 PM EDT)
by Gold and Energy Advisor Editors
Why Oil could nose-dive in price... How YOU can survive and prosper financially -- in this worst case scenario!
Why Mitt Romney’s Economic Policies would likely set the stage for 10% + Unemployment and devastating U.S. Depression.
~more~
Mohan's Market Force Daily Directional Forecast
(#464: May 17, 2012, 4:40 AM EDT)
by Mohan
Market Force: Neutral/Bullish. Watch for slight weakness again today as the market prepares for reversal to the upside. Continue to buy early dips in the market.
~more~
Gold and Energy Advisor Update
Gold and Energy Advisor Update
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