Systematic Model Update
A Decade-Long Under-Performer, this Industry Could Soon See that Trend Reverse
TASR Up 20% in Three Weeks as Defense Industry Out-Performance Thesis Bears Fruit
On October 2nd we noted in a post that companies in the defense industry were likely to out-perform the broader market moving forward. In that post we stated the following: “…we would anticipate that defense stocks could out-perform for some…
Spread Trade Opportunity in Semis
BBY Down 22% Since our Bearish Post on 7/12 Despite 5% Rally in SPX Over Same Period; Much More Downside in BBY Likely
Though the post had been pass-word protected up until today, we had a rather bearish post on BBY all the way back on July 12th where we suggested the stock could trade much, much lower from its price at the…
Continue to Believe that China Can Remain a Source of Out-Performance
Crude May Continue to Under-Perform Other Risk Assets Such as Equities
The chart below plots the ratio of crude oil vs. the SPX. Earlier this year the ratio broke support line (1) which dated all the way back to 1998 – in effect, crude’s nearly 15 year trend of out-performance vs….
Although it Sits on 10-Year Support, Coffee Could Continue to Disappoint over the Intermediate-Term
Are Prices Really the Only Thing That Matter?
If so, what are the prices of the two asset classes below suggesting about the likely winner of the upcoming U.S. presidential election? Or, am I reading too much into the tea leaves here?