Mike Turner posts

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Gilead Sciences (GILD): Defying Gravity

Gilead Sciences (GILD) logo"Gilead Sciences (GILD) is a top-rated stock on both our fundamental and technical screens; indeed, the biotech world tends to run on its own steam, and this stock seems to by capable of defying gravity;" says Mike Turner.

The editor of Trade of the Week explains, "The company, based in Foster City, California, has just about everything that I look for in a company and, by extension, its stock.

"True, the biotech sector cannot completely ignore the broader markets, but when a fundamentally and technically strong stock like this bubbles to the surface, I do not want to ignore it.

Continue reading Gilead Sciences (GILD): Defying Gravity

Mosaic (MOS): A 'Bull-Mode' Buy in Fertilizers

Mosaic logo"The agriculture-related stocks continue to move into my top tier of highest scoring stocks; add to this, BHP Billiton's hostile take-over bid for Potash Corp. and it is easy to see how investor interest in this segment of the market appears to be heating up," says Mike Turner.

The editor of Mastering the Markets explains, "One favorite in the sector is Mosaic (MOS). With a market capitalization of $25.2 billion, produces potash, one of the primary ingredients in fertilizer.

Continue reading Mosaic (MOS): A 'Bull-Mode' Buy in Fertilizers

Three Reasons to Buy SPDR Gold Trust (GLD)

"I do believe a lot of fundamentals and technicals and time-cycle indicators are now pointing to an up-trend in gold," says Mike Turner.

The editor of Mastering the Markets explains, "As such, my latest recommendation is to buy the SPDR Gold Trust (GLD), a gold ETF that tends to reflect one-tenth the actual price of gold.

"My proprietary forecasting software system indicates that GLD could stay relatively flat for the next three weeks before beginning a rather sharp upward trend. The uptick in my indicators suggests that this could be the start of the more significant uptrend for August.

Continue reading Three Reasons to Buy SPDR Gold Trust (GLD)

Starbucks (SBUX): Technical and Fundamental Trade

Starbucks BUX "I find it very interesting that seven of the top ten scoring stocks in my database of 6,000 stocks and ETFs are food-related companies," says trading specialist Mike Turner.

The editor of Mastering the Markets adds, "And one of the top-scoring stocks that has caught my eye out of this group is the Starbucks Corp. (SBUX).

"This is a fundamentally solid company, that has been in a technical buy mode since March of 2009. This is one of those stocks that looks to be firing on all cylinders, and could continue its pricing trend for as long as the general market does not implode -- a potential development I am concerned about.

Continue reading Starbucks (SBUX): Technical and Fundamental Trade

Brigham Exploration: 'Super-Charged' Oil Play

"I am a big fan of oil right now, as I believe it is significantly oversold. And one super-charged way to play a rise in oil is with Brigham Exploration (BEXP)," says Mike Turner.

The editor of Trade of the Week, explains, "My forecast charts -- based on time-cycle technology -- indicate that oil should move higher.

"While the overall market is down a little over -10% in this current correction, many oil companies are down -20%, -30% and some even more. Relative to the broader market, this means many of these oil companies are significantly oversold and underpriced.

Continue reading Brigham Exploration: 'Super-Charged' Oil Play

Technical Trader Targets Bank of America (BAC)

After reviewing the 79 different stocks in the Financial Select SPDR ETF, trading specialist Mike Turner says, "My top pick is Bank of America (BAC).

The editor of Double Digit Trading explains, "During the 2008-2009 financial crisis, BAC was one of the hardest hit banks. As customers fell behind on their loans and investments soured, BAC almost sank. But thanks to $45 billion in government bailout funds, this banking giant was able to stay afloat. Now, the tide seems to be turning for the better."

Continue reading Technical Trader Targets Bank of America (BAC)

GameStop (GME): A Technical Outperformer

"If a correction occurs, I expect it to be of the garden-variety type, perhaps -5% to -7%; and, of course, if you're going to stay long in this market, the better stocks to own are those that go up in a down market ," suggests trading specialist Mike Turner.

The editor of Mastering the Markets explains, 'As such, I had my proprietary systems focus on the best scoring stocks that were moving higher in price while the market fell on Friday. My top scoring stock for this test is GameStop (GME).

Continue reading GameStop (GME): A Technical Outperformer

Top Picks for 2010: Medifast (MED)

This post is part of a special report, Top Picks for 2010, the 27th annual survey in which TheStockAdvisors.com asks the nation's leading advisors for their single favorite stock for the new year. See all 80 stocks listed here.

"My number one stock pick to start 2010 is Medifast Inc. (MED), a weight and disease management company," says Mike Turner.

The editor of Mastering the Markets explains, "The stock has skyrocketed from the $5 area to over $30 in just the last nine months." Despite the gains, the advisor remains bullish on the stock's prospects.

Continue reading Top Picks for 2010: Medifast (MED)

Holly Corp. (HOC): A 'potential double'

"Holly Corp. (HOC), an independent petroleum refiner gave a solid 'Buy' signal a little over two months ago and appears poised to continue moving a lot higher," suggests Mike Turner, editor of the newly-launched advisory service, Mastering the Markets.

"Holly Corp. is my top-ranked 'Doubler' -- my list of stocks with the potential to double in price. With regard to HOC's fundamentals, I like the following:

"First, Holly has delivered impressive year-over-year earnings growth of +34.8%. I also look at multi-year (3 to 5 years) average earnings growth, as this tells me if a particular company has long-term staying power. In this case, HOC has delivered exceptional five-year average earnings growth of +25.7%.

Continue reading Holly Corp. (HOC): A 'potential double'

DIG this oil and gas ETF

"There is a very interesting situation developing in the oil and gas industry," says Mike Turner. In the Trade of the Week advisory, he looks at the Oil & Gas Ultra ProShares (NYSE: DIG).

"Even though global economies are not rapidly recovering (although they do seem to be on a positive upslope), and even though there seems to be a bit more supply than demand in the energy markets, oil and gas stocks continue to move higher. What's behind this move?

"Oil has become the inverse proxy to the U.S. dollar. As the dollar weakens, the price of oil is moving higher. With the burgeoning debt piling up in the U.S., the dollar looks to be under pressure to move lower for the foreseeable future.

Continue reading DIG this oil and gas ETF

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 27, 2012: 06:04 AM

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