THE PIG HAS QUITE A BIT OF INFO FOR ALL THE READERS TO DIGEST THIS WEEKEND. SO SIT BACK, CRACK A PORKWEISER, LIGHT YOUR FAVORITE CIGAR, PUT YOUR TIRED FEET UP, AND READ ON.
SOME CREATIVE CHANGES TO THIS WEEKENDS SCANNING METHODOLOGY. IN THE FIRST MARKET SCAN THE PIG HONED IN SHARPLY ON ACCUMULATION VARIABLES. THE SECOND SCAN INVOLVED MOMENTUM'S, THE THIRD INVOLVED A COMBINATION OF MOVING AVERAGES, AND CAPITAL INFLOWS RELATED TO VOLUME AVERAGES.
STOCKS UNDER ACCUMULATION UNDER THE RADAR
V.CHU..........JUST BROKE INTO THE LIMELIGHT ON FRIDAY. THE INTERESTING THING WAS THAT THIS THING SHOWED UP ON FOUR OF FIVE NIGHTLY SCANS THIS PAST WEEK BUT THE PIG NEVER PICKED UP ON IT. THAT'S GONNA CHANGE ! NO NEWS AND NOTHING BUT RUMOUR, THIS ONES BEING PICKED UP BY SOME SMART MONEY !
V.YAN......MENTIONED EARLIER THIS WEEK ON AN ODD BALL HIGH VOLUME DAY. IT APPEARS THIS ONES UNDER SOME ACCUMULATION. ACCORDING TO THE SCAN IT RATED 09.0961 WHICH IN OUR PIG STY LABORATORY IS EXTREMELY HIGH. CHECK THE CHART TOO...!!
V.NDR.....ANOTHER PREVIOUSLY MENTIONED PIG PORK CHOP. THBIS ONES BEEN UNDER ACCUMULATION FOR 3 MONTHS PEOPLE ! (THINK V.TYE) WHATS ALL THE HUBBUB ? SHOWS UP STRONG AGAIN IN THIS WEEKENDS HYBRID SCAN. TAKE A LOOK....
V.YLL JUST HAD NEWS OUT ON THE 6TH REGARDING A SILVER PROPERTY. UNDER A STEADY ACCUMULATION, SINCE MID DECEMBER. ITS GOT SOME PIG SIZED UPSIDE. THE SCANNER NAILED IT ON 9 OF 10 VECTORS. MORE TO COME FOR THIS PORKY CHOP.
STOCKS WITH MO-MO-MOMENTUM
V.NNA THE PIGS SCANNERS PICK THIS ONE AS THE NUMBER ONE MOMENTUM PLAY. THE PIGS VECTORS DREW THIS ONE FROM THE PILE BASED ON VOLUME, CAPITAL INFLOW, RSI ETC.THE CHARTS A GOOD ONE....
V.NCM THE SECOND OF THE PIGS MOMENTUM SCAN RESULTS. AGAIN THESE TWO WERE HEAD AND PORK SHOULDERS ABOVE THE REST OF THE COMPANIES IN THE MOMENTUM SCAN. LET US KNOW WHAT YOU THINK..
STOCKS WITH INCREASING MOVING AVERAGES/CAPITAL INFLOWS
V.KNP THE PIGS SCANNERS PICKED KNIGHT BEFORE ABOUT A MONTH AGO. THIS TIME THE SCAN SHOWS MORE STRENGTH IN SEVERAL AREAS. INCLUDING A LARGE NET CAPITAL INFLOW.
V.FTE THE SECOND IN THIS SERIES OF SCANS THAT EXHIBITED EXTRAORDINARY NUMBERS. NOT MUCH KNOWN ABOUT IT, SO SOME DD WILL HAVE TO BE COMPLETED. BUT THE COMPUTER SAYS ITS A BUY....
V.B (BCM RESOURCES) WOW ONLY ABOUT15 MILLION SHARES OUT ON THIS LITTLE GEM. ITS SEEN SIGNIFICANT VOLUME AND CAPITAL INFLOW AND RECENT RESULTS BASED NEWS. IS IT DEAD TILL NEXT DRILLING SEASON ? YOUR CALL....BUT NONETHELESS IT SHOWED UP ON THE PIUGS SCAN WITH SOME GREAT NUMBERS.....
THE PIGS LOTTERY TICKET OF THE WEEK
V.SPQ THE WORD ON THE STREET IS BUYOUT AND TAKEOVERS. AFTER THE NEWS OF THIS PAST WEEK IT COULD BE A MOVER. THE BAD PART IS THAT IT HAS 400 MILLION SHARES O/S.....YIKES ! BUT THE CHART SCREAMS AT THE PIG AND INCIDENTALLY IT SCANNED POSITIVE ON 7 OF 10 SECTORS. YOU TELL THE PIG.............
THE PIGS ECONOMIST OF THE WEEK...
RUBIN SAYS OIL TO HIT $100
Oil prices will top $100 a barrel again by the fourth quarter, pulling up the Canadian dollar and risking tipping the global economy back into recession, prominent economist Jeff Rubin says. Rubin, a former CIBC World Markets chief economist, argues that the root cause of the worst recession in more than 70 years was not the implosion of the banking system but the overreliance on oil. When energy costs soared, hitting a peak of more than $147 a barrel in July 2008, world economies began crumbling.
"Oil is already back above $80 a barrel, it will certainly be in the $100s by the fourth quarter and definitely higher than that thereafter," Rubin said in an interview. "It could go to $200 a barrel as long as the ascent doesn't blow up the global economies beforehand like it did two years ago."
Unless economies are restructured to reduce reliance on oil another crash is "immensely likely," he said. The oil price has been rising as the engines of global manufacturing rev up after the recession and on a spike in demand because of a cold snap across Europe, Asia and the U.S.
Surging oil prices pose a particular challenge for Canada. With its vast oil reserves, the west of the country stands to benefit as producers ramp up production to meet demand. However, higher oil prices are also likely to mean a stronger Canadian dollar and that will hurt manufacturers in other parts of the country. He predicts the loonie will be at parity with the U.S. dollar by the fourth quarter or before, in tandem with the rising oil price. In the longer term, he said, it could rise as high as $1.25 US. Rubin argues that to break the boom-and-bust cycles that have evolved from heavy dependence on oil, economies need to go local. Any savings gathered from manufacturing in a country where labour is cheaper are swallowed up by transportation costs, he says.
THE PIGS AWESOME AND ADDICTIVE GAMES DEPARTMENT
GOOGLE: CHART GAME
WARNING !!! ITS A HUGELY ADDICTIVE STOCK CHART TRADING GAME WITH A SIMPLE TO USE INTERFACE............SAVE ME !!!
THE PIGS JOKE OF THE WEEK...
There were 3 women robbing a bank and got caught so they are gunna get executed. The executioner decides to kill them by the ocean so when they die they could throw their body in the ocean. So the next day came and the black woman was up first, the commander ask if she had any last request before she die so she yelled out tornado while ery1 look away she ran away and the commander says oh well and call up the Mexican women. The commander ask the Mexican woman if she had any last request before she die and she yelled out tidal wave, then ery1 look away and she ran, so the commander said oh well again and call for the blonde woman. Before the blonde woman went up she was thinking to herself that the 2 woman before was using natural disaster to make the guard look away so they could run, so when the blonde one was up and the commander ask her if she had any last request and she said FIRE!!!
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