As Outlined in September, $1,000 Remains a High Probability Upside Target for GOOG
On September 12th we had a post titled “GOOG’s Day in the Sun is Likely Arriving with $1,000 in the Cards”. In that post we noted GOOG was in the process of breaking out from a bullish ascending triangle pattern…
Potential for Pound to Fall 20% Against the USD?
The Pound has traded in a very well defined and behaved downward sloping channel against the USD for nearly a quarter century b/t lines (1) and (2) below. The only time this was not the case was during the global…
Are Solar Stocks Intrinsically Cheap?
Very simple post here. The analog below shows the path the Guggenheim Solar ETF (TAN) has taken off its highs in 2008 and compares it to the path the average and worst bubbles have taken off their respective highs through…...
A Highly Favored Group of Ours Faces Near-Term Resistance
We’ve been very bullish on Airlines dating back to the genesis of this site in May of last year. Our original and ongoing thesis on the group can be seen by clicking right here. As of right now, the group, via the…