Objective Forex: July 2016

Sunday, July 31, 2016

Trading Week 8/1/16

Another incredible week of returns, our previous pick RELV (Reliv International) gained a staggering 45% throughout the week after our alert at 0.64 up to 0.93 on Friday. This huge gain offset our slight dip in the USDJPY play. With these large gains in the last few weeks we want to reiterate how important taking profit is. You should generally have an idea of what percentage gain you are happy with before you even make a trade, depending on the asset. 

Forex Play


Technically strong buy indication. We continue to bet against the yen this time shifting over to the AUDJPY pair, although news has been bearish we see a short time bounce with the solid support at this level.

Stock Picks This Week

ETRM (EnteroMedics) An interesting medical device company which has recently been approved for VBLOC their own weight loss system which has showed great success in trials thus far, seeing huge volume last week popping up to near 0.28 on accumulation, before having a mild drop on friday down to 0.21, this seems to be solid support based on the orderbook around 0.21 as investors look at how valuable ETRM can be in the future with increasing revenues and VBLOC sales. 

Buy recommendation under $0.22


NXT continued upwards from our alert as investors want to take advantage of the Ardor token snapshot period which ends in October. We will continue to accumulate here.


Monday, July 25, 2016

AMD reached our price target ($6.00)

We're excited to mention AMD (Advanced Micro Devices) reaching our $6.00 price target, this was one of our first stock picks on our dedicated stock picks page, we alerted at $2.21 with a price target of $3.00, before re-evaluating and increasing our target to $6.00 due to the value of the company. AMD closed at $6.70 today, this represents a gain of 201% which is tremendous and goes to show how valuable finding small cap growth companies can be.

We are officially retiring this pick now, however we still see additional great gains in the long term outlook for AMD. 

Be sure to check up on our stock picks page to stay up to date on our plays, we will continue to update and add new undervalued opportunities we find.

Sunday, July 24, 2016

Trading Week 7/25/16

Another successful week completed, as we look back over our trades IFMI impressed, as demand picked up spiking share price almost 20% on friday, before closing up 8%. We will continue watching IFMI over the next weeks as we see such hidden value in this company. We also added it to our dedicated stock picks page. SGRP ended the week flat as we saw trading volume drop off. Our LONG USDCHF remained safe and slowly gained up to 0.99.

Forex Play


Technically strong buy indication. Trend continuation as US dollar continues strengthening against the JPY.

Stock Picks This Week

RELV (Reliv International) A developer, manufacturer, and marketer of nutrition supplements. Reliv offers over 20 different supplements and has a large tightly knit network of suppliers and distributors in the United States and internationally. We've seen an increase of volume in RELV over the past weeks as traders took advantage of the temporary drop in price to under $0.60, these levels are critical and if they remain strong we see significant upside. RELV currently trades at half of book value, and price to sales is at 0.17x, we believe this is unfairly low as the company balance sheet shows great ability to settle debts and continue operation in the future for a long time. Although earnings are down over the last twelve months EPS growth is impressive from the last quarter showing that this company remains strong and is not finished growing. The recent confidence in share price over the last week pushed the stock up to almost 0.85 in one day before returning to 0.65. This price appears to be the floor in the near term as investors discover this valuable company.

Buy recommendation under $0.66


Our LBC/BTC play ended up down at 0.00074 after an extremely volatile week, after alert at 0.0012 it dropped down to 0.00073 before popping over 40% up as high as 0.0016 before selling off again, we recommend waiting on the sidelines for price to stabilize before trying to trade this altcoin.

We are revisiting NXT again, with impressive increase in volume we see many big players wanting to secure a share of the ardor tokens by owning NXT.

Long NXT at 4000

Sunday, July 17, 2016

Trading Week 7/18/16

We had an excellent round of profits last week, ISNS didn't push on like we expected but still ended up 8% on Friday and positive for the week, LBIX was volatile but ultimately remained at the same price. PFMT was our star rushing steadily upwards over 15% for the week, this appears to be a very valuable company and we see continued upside here. Our AUDJPY Forex Play was powerful gaining 5% over the week.

For Cryptocurrencies we had one of our best gains ever. We have been eyeing NXT for a long time and finally found an extremely confident buying level, our alert at 3000 was spot on, as NXT popped sharply upwards after alert hitting 5380 as a high before profit taking moved NXT back to current 3500 levels, this was an increase of almost 70% and we hope many of our crypto traders could take advantage of this opportunity. 

We will start including Cryptocurrency plays more often at the bottom of each weekly trading article, check our longer term plays on the cryptocurrency page.

Forex Play

LONG USDCHF at 0.981

Technically strong buy indication. We see strength in the US Dollar throughout this next week and it should help lift the USDCHF pair.

Stock Picks This Week

IFMI (Institutional Financial Markets) We're excited to share this financial services company, they provide a range of capital markets and focus on three main branches of business: Asset management, Principal Investing, and Asset Markets. Specializing in finance and growing value we believe they are positioned well for short term growth and long term growth, they boast a 9.20% dividend and only 4.2% of shares are held by institutions showing IFMI is currently flying under the radar as price to book is extremely low at: 0.29x as well as price to sales: 0.23x. Recently establishing a trend upwards and a solid increase on volume we see investors picking IFMI up for the dividend as well as a swing upwards from these cheap price levels. The company started the year at $1.10 before sliding down to the current price of $0.87 from macroeconomic causes. As more and more traders discover this value play we see immediate growth.

Buy recommendation under $0.92

SGRP (SPAR Group) An interesting stock that appeared on our scanners, we took a closer look and this broad merchandising/marketing company has a wide reach of business relationships spanning from Canada, Japan, and Mexico as well as many others, SGRP posts an impressive profit in comparison to its peers with a P/E ratio of 30, we were intrigued by how stable the share price has been in recent history with a range of only $0.95-$1.15 since the start of 2016. This stability shows extreme confidence and signs of being undervalued as SGRP is behind the S&P500 for the year while making profit. Popping almost 30% with heavy volume on Friday before profit taking brought the price back down to $1.05 still closing up 7% for the day tells us Investors are anticipating growth in the very short term here and with such stability in price we are remaining confident in SGRP for the rest of the year.

Buy recommendation under $1.00


NXT was huge last week and the future looks bright however we are switching over to a more speculative play this week. LBC/BTC is a new altcoin that hit the market, LBRY credits are an interesting new credit/token that is based on a storage/hosting marketplace.

The price has been beaten down heavily as LBC was launched on several exchanges, however with a marketcap approaching billions and many large organizations becoming involved we see a lift as LBRY credits appear oversold right now.

LONG LBC/BTC at 0.00120000

Sunday, July 10, 2016

Trading Week 7/11/16

We had a rather uneventful last trading week with our plays staying flat, we see much more liquidity now with this longer trading week on Monday with investors eager to return. Our cryptocurrency play DGB continues to impress moving upwards. We also want to share a new way to mine the most profitable cryptocurrency, use your cpu/gpu power to mine coins and sell them for profit for free. Click here for Minergate.
  Forex Play

LONG AUDJPY at 75.99

Technically strong buy indication.

Stock Picks This Week

ISNS (Image Sensing Systems) An electronic components company focused on video/radar traffic systems. We found great value in ISNS due to a very discounted price to sales ratio of 0.85x, price to book also hovers slightly below industry average, we feel this recent pop will invite other investors to examine their financials and see growth potential as shares traded at 4.50 one year ago. current price is $2.56 before open.

Buy recommendation under $2.60

LBIX (Leading Brands) A fresh consumer staple company focused on beverages in canada, we see a ripe market here and a risk averse situation with LBIX trading under book value, the growth here could be significant in a quick swing trade. Volume and the action over the last few days indicate others are attempting to take advantage here of growth, there seems to be solid support at 1.50. 

Buy recommendation under $2.00 

PFMT (Performant Financial Corp) A commercial service/tech company which provides recovery analytics to recover assets for both government and private clients, PFMT trades substantially below book value of assets and sales, while also producing a profit daily, with 64% institutional ownership we see a strong bounce-back from the last earnings coming in the short term. 

Buy recommendation under $1.60


While DGB continues to impress we will focus back on NXT, at a critical 3000 level we are likely to see a return up to previous levels past 3500. 

Long Swing NXT at 3000

Sunday, July 3, 2016

Trading Week 7/3/16

A new trading week begins, although it will be shorter. Keep in mind trading does not open until Tuesday. For our last week VVUS impressed gaining 15% since alert, MDVX traded down to $1.3 while XXII remained flat. For our cryptocurrencies DGB had a nice pop up to 70 and had a quick fell off back to our alert near 50. If you took advantage of selling near the peak you stood to gain around 23%, we await further action.

Forex Play

Postponed until a longer trading week.

Stock Picks This Week

EAC (Erickson) Providing aerial/helicopter services, recently receiving a large contract for the Alaskan Coast Guard. We have featured this company before and have to again at such a value growth play, trading at 0.13x book value we see great upside in the future.

Buy recommendation under $0.60

ROKA (Roka Biosciences) Another biotech working on molecular assay technologies for detecting food born pathogens, riding on strong momentum from Sundays close we see additional movement on Tuesday as investors look at a very low price to book value at 0.31x and growing earnings over the year.

Buy recommendation under $0.60


We are still looking at DGB movement over the coming days as people notice last weeks pop and look into Digibytes, buy support is strong at 50.