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
The chart below plots the ratio of AMD vs. INTC. With AMD’s dramatic decline of late the ratio sits on long-term support line (1). A potential spread trade here would be to go long AMD and short INTC. The trade…...
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…