This Stock Sure Does Look a Lot Like AAPL…right before it Fell 30%
We’re on bubble alert. In the chart below we plot AAPL on a non-log basis over the long-term to highlight its parabolic ramp higher at (A), which began in 2012, presumably what was its “end game” move higher into an…
Turkey’s Bellwether Stock Index Faces Resistance that Has Led to Recent Cyclical Bear Markets
Turkey’s ISE National-100 has had an amazing run, up 65% in a single year. More remarkable is the 42x (yes, 42x) return on the index since the first global risk/banking contagion of 1998 during LTCM’s blow-up. That said, the index…
Down 90%, Will This Stock’s Fortunes Improve Soon?
Anybody know what stock is in the chart below? Needless to say, down ~90% from its all-time high a few years ago, things haven’t been pretty. In fact, one could have tried to pick this name up on intermediate-term support…
AAPL Downside Could Accelerate
We suggested a few weeks back that bottom fishing in AAPL was likely a bad idea. This commentary came on the backs of our original post on the name back on October 5th, 2012 when the stock stood at nearly ~$660 and…
LULU’s Technicals Suggested Weakness into EPS
LULU reported EPS and issued forward guidance last night. Without getting into fundamental details, the stock disappointed and is indicated to open down ~6% this morning. In short, the technical set-up in the stock heading into EPS suggested the likelihood…
What Impact Might a Break-Down in this Currency Have on Precious Metals?
In the chart below we plot the Swiss Franc in the upper window and silver in the lower one. Note at the inset that the Franc appears to be breaking below support. If the break-down is real, the Franc could…...
New Industry Out-Performance Idea Presents Opportunity for Alpha
The first chart below shows the ratio of the DJ Medical Equipment Index vs. SPX. The ratio has traded sideways for a decade now, meaning medical equipment names have effectively been market-performers over that time. However, since 2006 the ratio…...
What Would You Do?
What would you do with this asset given all of the lines in the chart below that are in play? What exactly is it that we’re displaying on the chart?
Is This Line Relevant to the Nikkei?
Is line (1) in the chart below relevant to the Nikkei per history? If so, what happens with a sustained break above it, if anything?
Silver Update
Updated the silver post-bubble collapse analog chart below. It reflects silver @ ~$30.70, it’s current trading price. I’ve also extended price out ~4 weeks into early February. This can be seen by the extension of the red line (dotted). This…...