What can We Learn From Rasheed Wallace?
For your viewing pleasure, we present a recent clip from an NBA game in which long-time league veteran Rasheed Wallace gets ejected for mouthing off to refs. The amount of market-applicable knowledge in the classic quote Wallace provides toward the…
Is Gold Playing Catch up to the Yen and is its Fair Value $1,200?
Here’s the original post on this subject matter. We noted that since the early 2000s the gold had tended to lead the Yen. Deviations resulted in the Yen rallying or selling hard to catch up with gold. We also alluded…...
This Stock Sits on Decade Long Support and Analysts Don’t Like It
What stock is this? The last time it hit the support line in the chart below rallies of 3.5x and 2.3x quickly ensued. We find the set-up similar to the one in HHS which we originally posted about here and…
This Industry is Down 50% on a Relative Basis Since 2010; Can the Trend Reverse?
The first chart is the ratio of the DJ Brewer Index vs. SPX. Look at the confluence of support lines that are currently meeting and the fact that the consolidation pattern they help to create around the ratio has tightened…...