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Jason Cimpl

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Jason Cimpl

ChartWatch: Energy Stocks Should Stabilize

A quick look at the chart below reveals that XLE is less than 2% above a strong support zone (blue line in chart) near $63 that proved to be sturdy in August, September, November and December. 

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Jason Cimpl

Chipotle Stock Not Looking Too Tasty

Chipotle needs to take out $406.90 this week to have any chance of rallying higher in June. 

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Jason Cimpl

Forget Facebook

Much like FB, the current price of GRPN is below its IPO filing price. While Facebook could decline further, Groupon shares may have bottomed near $10 two weeks ago.

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Jason Cimpl

Time to Buy Apple

Now may be a golden opportunity to buy Apple (Nasdaq: AAPL) at a huge discount. The shares trade 10% below their first quarter earnings pop. 

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Jason Cimpl

Regulate the Regulators … Now

Bankers from J.P. Morgan (NYSE: JPM) were able to skirt trading regulations. The result was a $3 billion blunder.

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Jason Cimpl

ChartWatch: LinkedIn Is Better Than Facebook

And while Facebook’s IPO will receive the bulk of media attention today, networking cousin LinkedIn (Nasdaq: LNKD) shares could be more profitable over the next few months.

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Jason Cimpl

Berkshire Boosts GM Stake

GM shares could really use the help. The stock has fallen from $27.50 to $21.50 during the past 50 days.

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Jason Cimpl

ConocoPhillips Looking Bullish

There could be a change of trend on the way for integrated oil, too. If that’s the case, shares of ConocoPhillips (NYSE: COP) could be ready to bounce.

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Jason Cimpl

Caterpillar (CAT) Stock Ready to Turn

There could be a change of trend on the way for agriculture stocks. If so, shares of Mosaic (NYSE: MOS), Monsanto (NYSE: MON) and Caterpillar (NYSE: CAT) should rally.

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Jason Cimpl

Profit as Greece Defaults

Greek debt is too high and the population will be unable to bring it down. The likely outcome is a departure from the EU, which will remove Greece from the euro system and bring about the formation of a currency that will likely be 50% lower than current levels.

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