Trading Week 9/12/16

Last week market tensions increased as the fed meeting addressed interest rates, investors became increasingly skittish and we had a sharp sell off across the markets which dragged our VSR play down slightly. We are continuing our VSR play and our EURUSD long at 1.12.

Forex Play

LONG EURUSD at 1.12

Technically strong buy indication. EURUSD reached up past 1.13 during the last week and we will continue this play here based on the solid support and slight upwards trend.

Stock Picks This Week

ATEC (Alphatec Holdings) Another high value strongly trending smallcap, after braving a reverse split in August we see significant upside here. Alphatec is a medical technology company which designs, develops, and markets products used for spine related surgeries. With price to sales ration hovering around 0.20x (compared to 8.58x from related competitors) we see the stock not being fairly valued right now and could see further growth, with continued long term planning (such as the newly secured 5-year credit facility) management should be able to grow this $36.4 million market cap even further with continued deals, R&D, and as short term investments begin to pay off for Alphatec. 

Buy recommendation under $4.20




VSR (Versar) We are continuing the play from last week on this high value stock, click here to read last weeks article on Versar.

Buy recommendation under $1.50


Cryptocurrencies

Giant action on GRC, which we recently added to our cryptocurrency plays, we noticed increased volume and accumulation during the days leading up to the over 300% rise on GRC, congratulations to those who invested here and keep your eyes on our crypto page.

We continue to see good buying opportunities with DGB and NXT as price fluctuates.

Long DGB 55
Long NXT 3300