191
191
May 17, 2012
05/12
by
CNBC
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eye 191
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let's start with schlumberger, slb. the oil services titan is the best in the business. doesn't matter right now. nothing will save this one from the plummeting price of oil and the stock's hideous chart. schlumberger has everything they love to hate. it's been making a clear pattern of lower highs. and lower lows, which of course is a classic evidence of a true downturn. slob, as we call it on wall street, is now below its 50-day, and its 200 day moving average, kiss of death, because it has deteriorated on a short-term and long-term basis. worst of all, from brodin's perspective on the first day of may, schlumberger tried and failed to break through a key reisistance level, and then went right back down. what makes that level so important? brodin is a disciple of a medieval mathematician that discovered a series of ratios that repeat endlessly in nature, well documented. turns out, they exist in the stock market, too. stocks will repeat a previous move. those are the key fibonacci ratios. i can't explain it. it happens often enough for numerous technicians to make mone
let's start with schlumberger, slb. the oil services titan is the best in the business. doesn't matter right now. nothing will save this one from the plummeting price of oil and the stock's hideous chart. schlumberger has everything they love to hate. it's been making a clear pattern of lower highs. and lower lows, which of course is a classic evidence of a true downturn. slob, as we call it on wall street, is now below its 50-day, and its 200 day moving average, kiss of death, because it has...
127
127
May 17, 2012
05/12
by
WBAL
tv
eye 127
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quote 0
schlumberger, occidental, apache, joy global, freeport, they have a lot further to fall.y view, i say why bother with these commodity plays at all when the charts and the underlying commodity prices are against you? there are so many other easier non-battleground ways to make money, even in this difficult market, especially the companies that buy the raw commodities from these companies to make their products. the commodity plays, they're a slaughterhouse. and slaughterhouses stink. after the break, i'll try to save you even more money. >>> coming up, social studies. the facebook notifications keep rolling in. but don't get overwhelmed. cramer's got you covered. with this giant-sized social offering still expanding, jim stacks up the shares against the rest of its social circle. could his comments help you change your status? [ male announcer ] research suggests the health of our cells plays a key role throughout our entire lives. ♪ one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. ♪ it has more of seven antioxidants to support
schlumberger, occidental, apache, joy global, freeport, they have a lot further to fall.y view, i say why bother with these commodity plays at all when the charts and the underlying commodity prices are against you? there are so many other easier non-battleground ways to make money, even in this difficult market, especially the companies that buy the raw commodities from these companies to make their products. the commodity plays, they're a slaughterhouse. and slaughterhouses stink. after the...
237
237
May 1, 2012
05/12
by
CNBC
tv
eye 237
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gulf of mexico and internationally and with the drillers and oil support companies and best in schlumberger and that brings it down to a 12 p.e. it's very, very strong and you see significant growth there. health care space has largely been ignored. we're going to see people getting more comfortable with obamacare and we're going to see more application. >> dan, thank you. good to see you guys. let's get to kate kelly for what has to be news on the most controversial stocks. chesapeake earnings, kate kelly has the latest numbers. >> expectations were higher and earnings are 18 cents per share. so a miss on both fronts. there are management comments by aubrey mcclendon. he does not talk about what is going on with his two roles and the fact that he will step down as chairman as soon as they find a replacement for him. we're pouring through the results. a disappointing quarter and i'll be back to you as i get more. >> did the company at all address the trading that mr. mcclendon was doing? did it have a material impact in. >> you mean the source of controversy? >> right. >> no. as far as i ca
gulf of mexico and internationally and with the drillers and oil support companies and best in schlumberger and that brings it down to a 12 p.e. it's very, very strong and you see significant growth there. health care space has largely been ignored. we're going to see people getting more comfortable with obamacare and we're going to see more application. >> dan, thank you. good to see you guys. let's get to kate kelly for what has to be news on the most controversial stocks. chesapeake...
260
260
May 16, 2012
05/12
by
CNBC
tv
eye 260
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slls schlumberger can bounce back from where it failed before, then brodin sees it sinking ever further. based on her projection, she believes it could fall all the way do $47.72. you know what that is? that's a 26% decline from those levels. even though it's already been hammered and obliterated, brodin thinks it's a fallen knife that could go much lower. this is the butcher block that you would be in if you played along. can't have you be a butcher block. you can see the same thing in another great company. this is the chart of apache. it's another very well-run company, among the strongest explorers for gas. the envy of the industry, people. apache is like a good house in an awful neighborhood. brodin's read on the chart is just like slob, apache has made a pattern of lower highs, lower lows. you see that pattern? that is just a nightmare. again, it is below the 50-day and the two-hundred day averages. brodin thinks there's nothing stopping it from going a lot lower. 20 points of downside here, with it possibly dropping even further down to $51. 31-point decline for the best -- maybe
slls schlumberger can bounce back from where it failed before, then brodin sees it sinking ever further. based on her projection, she believes it could fall all the way do $47.72. you know what that is? that's a 26% decline from those levels. even though it's already been hammered and obliterated, brodin thinks it's a fallen knife that could go much lower. this is the butcher block that you would be in if you played along. can't have you be a butcher block. you can see the same thing in another...