Bottom Fishing in AAPL Remains Ill-Advised

Bottom Fishing in AAPL Remains Ill-Advised

We’ve been bearish on this name since early October when it stood at $658 all the way back to this post. We noted at the time that if support were to give way it would likely fall ~20%-35% lower to…

20 Year Support + 6% Dividend Yield = Random Long Opportunity of the Day

20 Year Support + 6% Dividend Yield = Random Long Opportunity of the Day

This post is a combo fundamental / technical opportunity. The stock floated through a deep value / LBO screen I use on Bloomberg. It happens to yield 6%+ and is approaching a ~20 year support line in the chart below,…

Airlines Have Greatly Out-Performed the SPX Since late May; More Upside to Come?

Airlines Have Greatly Out-Performed the SPX Since late May; More Upside to Come?

Our first post on the airlines and their potential for out-performance moving forward dates back to May 30 in this post. Since that time, when global risk assets in general were near their corrective summer lows, the S&P 500 Airlines…