Video Game Industry’s Golden Years Long Gone
Chart below plots the ratio of the DJ Toys Index vs. SPX. Note that it sits toward the bottom of long-term channel support, which is supportive of the group out-performing moving forward, so long as that support remains in place…....
This Stock is Working on a Break-Out of 15 Year Resistance
RAD is presented on a weekly basis below. The stock is pressing 15 year resistance line (1) right now as well as its 23.6% Fib resistance formed off its 2007 highs and 2009 lows. I would emphasize that line (1)…...
Taking a Look at the Healthcare Industry
The chart below highlights the ratio of the DJ US Healthcare Providers Index vs. SPX. The ratio is caught in a long-term ascending triangle pattern b/t lines (1) and (2). Typically such patterns are bullish and result in strong break-outs…....