Here’s some of the site’s better work over the years, with a focus on the categories of ‘Cycles’, ‘Sectors’ and ‘Companies’. The ‘Cycles’ category is big-picture, high-level analysis that aims to identify major inflection points in various global equity markets;…
The ratio of the DJ Apparel Retailer Index vs. SPX has declined 39% off its 2015 highs as of last week. In doing so the ratio has fallen to historical trend-line support formed off other major pivot lows from 1997,…...
This is a random FX post – which I don’t do often – but I think it’s high probability and big enough in its potential P&L impact that it’s worth posting. Below, note the AUDNZD pair is testing a break-out…...
Back in March-2015 we highlighted the chart below when the USD was approaching ~100 and noted that at this price level the currency was nearing major long-term resistance line (1) and that it had spent very little time above that resistance…...
In my last big picture update piece here we talked about the difficulty at this stage of the game of trying to prognosticate when or at what price level this US equity bull cycle will flame out. We have our…...
To the casual observer, Bitcoin (XBT) has been in crash mode over the past week or so, declining to ~$1,750 at its lows this morning from ~$2,500 at the start of the week, a 30% decline in a few days…....
Our highest conviction thematics within our big picture thinking remain the following: US equities: mid-cycle pause framework EU equities: major periphery rally underway, per N225 (2012) and SHCOMP (2014) set-ups EM equities: large cyclical rally underway up to 2007 highs…...
Per the break above line (1) in the chart below, airlines as a group (via the SPX Airlines Index) have now cleared a 26-year resistance line dating back to the early 1990s. We highlighted this developing set-up in early June…...
One of the better analytical pieces and frameworks published on this site since 2012 was this piece from 7/2/2013 that questioned the timeliness of Barron’s renewed calls for a Chinese credit crisis by pointing out that since the SHCOMP had…...
Haven’t done one of these posts in quite some time. However, I’m back to including my old charting software in my analytical process, so posts such as these become a little easier as that software allows me to group numerous…...