The battle over Herbalife between Ackman and Icahn continues. Here is an updated chart of HLF, showing key support and resistance levels. Green arrows represent what I believe to be places where hedge funds are buying shares. Look for a break of the downsloping support trendline and a small sized short squeeze to the [...]
International restaurant companies are rapidly expanding into untapped markets all over the world. For US based companies, McDonalds (NYSE:MCD) and Yum! Brands (NYSE: YUM) foreign markets represent a fresh place to grow. Lower taxes, labors rates and regulations make expansion into heavily populated countries like China and India imperative.
NovaGold Resources, Inc. (AMEX:NG), Silvercorp Metals (NYSE:SVM) and Endeavor Silver Corp(AMEX:EXK) are three mining stocks climbing the wall of worry. Even with the massive run in precious metals prices, these three stocks could double yet again before the next presidential election.
NovaGold owns 50% interest in two of the worlds largest underdeveloped copper-gold properties. With proven reserves of over 17 million ounces of gold and another 12.5 million ounces of measured and inferred reserves, NovaGold is extremely levered to the price of gold.
After a strong first quarter earnings report in 2009 McDonald’s future looks promising. A weakening US Dollar coupled with overseas growth will make the company a winner going forward. A consistent dividend of 3.30% also rewards shareholders in it for the long haul.
@zerohedge LMAO - FK CNBC & all those frontrunning pigs.
Like I said, the $BKS announcement was nice, but it was a sell the news type PR. You should have dumped at the open.
$AFFY will short @ 2.30 as it fills the gap. Still a POS.
CLF longer term chart. Breaking back into the channel. http://t.co/cPCFRrJC7h
Sorry. No data so far.