![This Stock Has Doubled in Three Months; Time to Short?](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2012/12/2012-12-12-rimm-weekly1.png?resize=150%2C150)
This Stock Has Doubled in Three Months; Time to Short?
UPDATE: This post was originally published on 12/12 behind the password protected firewall; given the material decline today (12/21), the bulk of profits from the trade have accrued, hence we are willing to release the post publicly now ******************************************************************************************************************************** Never…
![Spread Trade Opportunity in Basic Materials](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2012/12/2012-12-12-ratio-fcx-vs-copper-daily.png?resize=150%2C150)
Spread Trade Opportunity in Basic Materials
Long FCX against a copper short, but not yet. In the chart below I plot the ratio of FCX vs. copper. If the ratio is able to trade down to ~0.073 from its current ~0.088, or by ~17%, it will…...
![Big Break-Out in the SPX](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2012/12/2012-12-12-spy-60-min1.png?resize=150%2C150)
Big Break-Out in the SPX
Self-explanatory below – big break-out in SPX on the Fed news today taking out resistance that’s been in place since mid September per line (1). So long as these gains hold through today/end of week, we’d believe this break-out portends…
![Technical Break-Outs in Airlines Occurring](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2012/12/2012-12-12-airlines-weekly.png?resize=150%2C150)
Technical Break-Outs in Airlines Occurring
The chart below is self-explanatory – various airline indices are clearing some noteworthy resistance with their push higher this week. We discussed the potential for this just a few days ago right here. Depending on which index you’re looking at,…