Potential for Longer-Term Dollar Rally Could Cause Small Caps to Under-Perform
In the chart below the ratio of the R2K vs. SPX is presented in black. As the line increases small caps outperform large caps and vice versa. This ratio is plotted against the USD in red, which is inverted. Together,…...
Spread Trade Opportunity within Homebuilders
The ratio of HOV vs. XHB has reached resistance on the weekly charts while HOV itself faces resistance as well. The ratio of HOV vs. XHB which currently stands at ~0.125, is up ~55% from its lows this May of…...
NOK Down 95% from All-Time Highs, Is the Bleeding Over?
Does anybody remember how cutting edge this company used to be? This beauty was featured in one of the Matrix movies. At its lows last week following disappointing EPS results, NOK was down an incredible 95% from its all-time highs…...
Greek Equities Just Rallied 18%, Now What (How to Play a Euro Exit, if it Happens)?
Last week, Greek equities managed a single week, 18% rally off their lows from the previous week. NBG was even more impressive, up 50%. Who could have predicted such a massive rebound? Prices could have. As the chart below suggests,…...