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The Inner Circle, Issue #467 - Obamacare still failing five years later
March 29, 2015
Hi <>,

Obamacare still failing five years later

FROM: Obamacare still failing five years later.

Stocks rise until they meet resistance then reverse until they find support.

Cisco Systems (CSCO):

MarketClub's Trade Triangle Technology algorithm currently ranks CSCO Primary (monthly) Trend 'UP'.

Week ending 3/27 CSCO closed 27.13 (Yield: 3.10%).

CSCO is not currently among the 10 highest yielding DJ-30 'Dow Dogs'.

CSCO is not currently among the 'Dow Small Dogs'.

Key primary support algo to watch: 2/2 low 25.92 (lowest low - last 3 mo).

CSCO recent resistance algo to watch: 3/9 high 29.45 (highest high - last 3 wks).

CSCO has found resistance at 3/23 high 28.69 on the daily charts (IMO).

CSCO 3/25 broke the 3/13 support low at 27.57 and is currently searching for new support (IMO).

CSCO currently below the 50 but above 200 sma on the daily chart (Mixed).

CSCO currently above both the 50 & 200 sma on the weekly chart (Favorable).

CSCO currently above the 50 but below the 200 sma on the monthly chart (Mixed).

Current downside target on weekly chart: 27.53.

Current upside target on monthly chart: 31.75.

NOTE: IF the 3/26 low 26.62 also turns out to be the pivot point low on the weekly chart, a reasonable (IMO) upside target would then be 31.01.

NOTE: IF the 3/2 high 30.31 also turns out to be the pivot point high on the monthly chart, a reasonable (IMO) downside target would then be 24.04. NOTE: The 26 area appears to be an important historical horizontal line.

Earnings: 5 yr avg EPS: 1.48. (ttm) EPS: 1.67. Current P/E: 16.25. Forward P/E: 12.56.

Est Avg Yr EPS: 2.16. Est Yr High EPS: 2.23. Est Yr Low EPS: 2.04 (per analysts).

Next Qtr Est Avg EPS: 0.53. Est High EPS: 0.54. Est Low EPS: 0.52. Prior Qtr EPS: 0.46.

Next earnings date: 5/13/15.

The combination of low price/high yield + support at the 50 & 200 sma (weekly charts) = opportunity in the intermediate term (IMO).

Whether you buy stock, protect with puts (& collect dividends) or buy calls, puts or do debit/credit spreads or "combo's" (whatever suits your style), a limited risk/high reward position can be constructed.

Each strategy has its own follow-up tactics, depending on how it plays out.

NOTE: CSCO is deeply involved in cyber security; we are constantly under attack.

Comments? Ideas? Feedback? Let me have it, right between the eyes! I'd love to hear from you. Just reply to this zine and tell me what you think!
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