Another market selloff, are you profiting?

Is the bull market about to perish? Are we setting up for a bearish year despite all of the jubilant expectations that investors brought into this New Year? It may be too early to tell, but here are the facts. A large correction is what traders and investors are fearing after the Dow Jones Industrial Average and S&P 500 Index dropped 3.5% and 2.6% respectively last week. Capped by Friday's rout, last week marked the Dow's worst trading week since November 2011 and the S&P's biggest weekly drop since June 2012. Last week certainly gave many investors reason to pause and restrategize, but one down week can easily be broken by positive earnings reports and economic data. Caterpillar's (CAT) announcement on 1/27/14 that its fourth-quarter profit rose 44% helped push the markets back into positive territory, but the market quickly turned south. This is not a good sign. The plain fact is that

Like Bitcoin?: WPCS International is a SCREAMING BUY for a trade. (NYSE:WPCS)

WPCS is a huge buy. Killer trade setting up. They have been a poor performer, but they are a game changer with their acquisition of a bitcoin trading platform. WPCS operates in two business segments including: (1) providing communications infrastructure contracting services to the public services, healthcare, energy and corporate enterprise markets worldwide; and (2) developing a Bitcoin trading platform. today reported continued progress with its rollout strategy for its BTX Trader ("BTX") Bitcoin trading platform (www.btxtrader.com). According to Interim CEO Sebastian Giordano, "Though the acquisition was only recently completed on December 17, 2013, we are formalizing our plans and undertaking several initiatives to launch and begin monetizing this exciting opportunity." Divya Thakur, BTX Chief Technology Officer stated that, "BTX is the first trading platform to enable Bitcoin traders and investors to access market data as well as execute orders for the top six (6) Bitcoin exchanges in a single application. What further differentiates BTX from any other product in the market is the opportunity to be the premier algorithmic trading platform for digital currencies, allowing traders to execute orders and trading strategies not available on other exchanges, such as 'stop limit'; which BTX already offers." Ilya Subkhankulov, BTX Chief Operating Officer, provided additional clarification on BTX's rollout plan, indicating that, "In addition to our core trading functionality, the current free beta version of our Windows-based desktop application provides users with the unique ability to: i. Trade with an institutional-grade user experience; ii. Access reliable and curated market data; and, iii. Utilize sophisticated market data visualization tools, such as tick charts. Over the coming weeks and months, we will be announcing a continuing stream of functionality enhancements for our beta users, including: i. Broader platform accessibility via web and mobile applications; ii. Integration with other exchanges and digital currencies; and, iii. Features, such as commission estimates and P&L tracking. While we will disclose our BTX revenue model at a future date, we are still projecting an official launch of the BTX platform in the 2nd Quarter of calendar 2014," Subkhankulov concluded. In other BTX developments, Giordano continued that, "While the BTX development team works diligently to prepare for launch, we are taking other measures to plant the seeds for future potential growth of this segment of our business. We have recently engaged the services of the New York City-based law firm of Merle, Brown & Nakamura, P.C., which has represented numerous money transmitters, check cashers and foreign exchange companies. We are very excited about forging this relationship to help guide us through the domestic and international regulatory requirements related to Bitcoin."

Now offering portfolio analysis and advice with a tangible written report.

This is something I recently began doing after being approached at Seeking Alpha by several followers. For those who need a second or third opinion on their holdings, I am now offering this service for a nominal donation (proceeds will go solely to my children's education accounts). For a fraction of the cost that a financial analyst who doesnt care will tell you, Ill provide written recommendations of my analysis on each holding. For details please message me at seeking alpha. http://seekingalpha.com/author/christopher-f-davis

Christopher F Davis now writing for a third investing website, the Wall Street Cheat Sheet!

Please be sure to follow my work at the Wall Street Cheat Sheet!

AAPL: Why $600 Will Soon Be In Apple's Rearview Mirror

I am one of the unfortunate souls who sold his shares in Apple (AAPL) back in the summer of 2011 for $383 and change. I kicked myself as I watched in blow through $400, then take out $500. Surely I thought that was the top. Nope, quickly we reached $600 and finally topped $700. I figured, well I had a nice gain, but I missed another 50% to 75%. When the major selloff from its highs of over $700 began I started to get intrigued about the possibility of getting back in. I chose to get back in at $600 on the button, with the idea that I would pyramid down into the shares if it further declined, and if not I would be happy with capital gains as well as a cushy little dividend. To my surprise it didn't take long to breach $550 when I added again, and once more at $475. I thought there was no way it could go lower, and I wasn't prepared to add another layer to my pyramid buys. After all, shares are pretty expensive on an absolute dollar basis. Shocked I watched it fall to the $400 level. I decided I would add one more layer if it breached $390. And it did. How ironic is it that I completed a new position at levels that were just a few bucks, or 2% above where I first bailed out. Why do I share this story? Because I still believe that AAPL is one of the great growth stocks of our time and I do not think the run is over. As my cost basis is now $444, I have missed out on about $60 in capital gains overall, as well as a few dividends (not considering if I held shares and rode them to $600-$700 range). But I didn't miss out, because the gains I had from my original AAPL sale were put to good use, allowing me to diversify my portfolio and scoop up some winners. This is important, because so many I speak to feel like "I missed the move." I am writing this article because I firmly believe..............READ MORE

Vista Gold (VGZ) should triple

The stock should triple this year. Several reasons why.

The New Year's Eve Gathering For New Clients Was A Huge Success

Just a big thank you to all the current and prospective clients that came to our New Years Eve gathering! A lot of great trade and investment ideas were shared and I learned a whole lot about sectors im unfamiliar with, most notably the entertainment sector. Who would have known WWE was investable? Also, I hope you all enjoy the party favors! They were left over toys from a failed promotion started last summer where new followers to the blog would be given a free gift. I only gave out a few! Oh well. Here is to 2014!!!! Happy trading everyone!

$GPL Great Panther Silver (GPL) a great buy right now as it is technically breaking out.

The plain fact is the GPL is breaking out. Check the charts The company has cut costs The company is producing record silver and gold The company is still exploring It could be chewed up by a larger miner. All good thinks. Recommend as STRONG BUY. Price target $1.62

Why I like Silver Wheaton (SLW) and Hecla Mining (HL)

In this article I want to discuss a the reasons I pulled the trigger today and why it may be time to consider doing the same. While my portfolio is wide and diverse even with in the metals sector, two companies are standing out in my opinion as buys which I will discuss in a moment. The last two years have given long-term silver investors in particular an excellent chance to buy on the way down as we've pulled back steadily since April 2011. On the way down I have been recommending to dollar cost average and/or pyramid down into silver and silver equities. Despite the pressure on the metals in 2012-2013, in many recent articles I have suggested that gold and silver prices have long-term tailwinds in the form of extensive inflationary pressures. At the moment these pressures are at bay. I cannot say with certainty that we will not possibly see some deflation first. However, I think that once inflation picks up, it could be severe. Time will tell this story. Most of us know that gold is a straightforward way to benefit from such inflation and is a safe haven in times of panic. However, I believe that........READ MORE

Sell Google (GOOG) buy Apple (AAPL)

Make no mistake folks, the next big wave for Apple will be wearable gadgets and medical devices. And if I am correct, the money to be made in the gadgets space (wearable or not) is even more than the revenue Apple takes in from the iPhone. In fact, the iWatch is just a fraction of the business. Imagine for example all the wearable gadgets that can work with either the iPhone or in conjunction with the iWatch. Just in the medical devices business alone, the possibilities are endless. Maybe that's why Apple has begun selling third party gadgets on their site lately. I am assuming they are kicking the wearable gadget tire to test the waters. And if Credit Suisse is correct, the wearable devices and personal accessories industry (in biomedical and fitness technologies) will balloon between $30 and $50 billion in the next 3-5 years from now. My opinion is that these numbers will be upgraded upwards several times once Apple starts rolling out these devices, because like I said, the possibilities (and the revenue from these devices) are mind boggling. Also if I am correct, the market will start to discount all these possibilities. Like I have said before, Apple is not an expensive stock. Currently it sells for about 12x forward earnings. However It can easily sell for 20 times earnings, if the market begins discounting all these possibilities. That means that the stock has the potential for an upward move, even in the absence of an earnings rise. Now if we combine the share repurchases (that by default act as a pillow under the stock), with the possibilities for Apple in the gadgets space, then not only is Apple a safe haven at the moment, but probably a two bag no brainer also.

Sorry but Vista Gold (VGZ) is a SCREAMING BUY!

In the present article, I highlight a company whose stock was just decimated in 2013, Vista Gold’s (NYSEMKT:VGZ). However, the stock has now doubled off of its lows and is heading much higher, as the value of its properties is worth more than the market cap of the stock. Further, it is taking necessary steps to raise cash and is a very likely takeover target. In this article, I will highlight reasons why I am adding to a position and expect the stock to triple (yes increase 3X in value, if not more) as gold returns to favor in light of 2014 being rocky for markets. Vista’s main holding, the Mount Todd Mining Site in Australia, is a premiere site that sits on massive reserves. I believe that this junior gold miner may be one of the best opportunities among all of the junior gold miners. The company has massive proven and probable reserves, is getting its debt under control, and has a large potential according the most bullish analyst. On top of it all, the company is ripe for a takeover. Being a junior miner, Vista Gold is a leveraged trade on the price of gold. When gold returns to investor favor, the stock of Vista Gold and other similar companies should outperform. Despite moving with its sector, I think Vista Gold offers multiple reasons to own its stock, but Mount Todd is reason enough to...READ MORE

American Capital Agency (AGNC): What The Heck Is Going On Here?

Wow. This morning American Capital Agency (AGNC) has hit another new 52-week low. As many of you know, I have defended the mREITs on the way down here in 2013. It has been a truly painful portion of my portfolio. For now, I plan to rest on my laurels and collect the dividends being paid in AGNC, as well as my other largest holding Annaly Capital (NLY). This article and the situation discussed is applicable to both names, though I will primarily focus on AGNC here in this article. While I have written many detailed pieces on American Capital Agency, in this piece I want to really want to hammer home just what the heck is going on. The Big Concern Has Been The Movements In Interest Rates. As most of us know, AGNC was doing incredibly well until the Q1 2013 report. When that report came out, it was one

Javelin Mortgage (JMI) ROCKS. Buy It. Here Is Why I Sold Annaly And American Capital To Purchase It

This article is being written in response to why I like shares of Javelin Mortgage (JMI) and why I am buying more on each dip. Yes there are macro level issues surrounding interest rates that need to be worked out. I believe that JMI is far more protected from the ill effects of rising interest rates versus the behemoths in the space, Annaly Capital (NLY) and American Capital Agency (AGNC). This is because JMI has a much more well-rounded portfolio compared to both NLY and AGNC, in my opinion. JMI is also

Addressing More Controversy Over Linn Energy's (LINE) Acquisitions

Let me be clear. This article will be much shorter than my average tome. But, it will be an important piece. You see, a lot of controversy has come up over the deal between Linn Energy (LINE), the main operation of Linn Co. (LNCO) and the huge merger with Berry Petroleum (BRY). In my last piece on LINE, LNCO and BRY, I wrote that the merger will indeed be a catalyst. Context Without a large repetition of what was in that article, I want to reiterate the highlights of the piece to provide context for the controversy I will address. We recently learned (see this press release) that the final Registration Statement on Form S-4 had been declared effective by the Securities and Exchange Commission and that LINE, LNCO and BRY have now filed definitive proxy materials with the Securities and Exchange Commission. The deal now has to move each company's respective unitholders for a vote on whether to bless the merger. LINE, LNCO and BRY will hold meetings on December 16, 2013 and ultimately the votes will be cast and tallied. I view the deal as

Yamana Gold (AUY) Is A Steal Under $9 And I'm Buying Again

After struggling for about a year straight, I think it is time for the gold mining stocks to be accumulated at current levels. Even the infamous George Soros is back in them. I think that at $1,250 gold, there are struggles that will be overcome in cost cutting measures, labor etc., but if gold comes back to the $1,400 level and above, I think these stocks will shine brightly. In an older article "time to pick up the gold miners," I outlined the various reasons why I believe the metals and mining stocks, particularly with gold and silver exposure were buys. At the time, QE was pushing gold and silver to the moon. It all changed in October 2012, the sector has been as unattractive as the black plague. After penning an article on one of the most efficient gold miners in the business, Alamos Gold (AGI), a number of readers have asked if it is a good time to enter the gold mining stocks. The short answer is