SODA Up Nearly 20% In Less than Two Months
On December 20th in a password protected post we noted that SODA was working on a break-out from a bullish ascending triangle pattern. That post is now unlocked and can be viewed here. Regardless, in the original post we noted…
Fresh Thoughts on Gold
We’ve done a lot of work on gold on the site over the past six months in various posts trying to determine two important things: 1) Was/is gold a “bubble”? and 2) If the answer to #1 above is “yes”,…...
Long Gone from the Headlines, Be Prepared for This Country to Heat up Again
The chart below shows the Greece General Share Index. Note the well-behaved downward-sloping channel that it’s traded in since 2006. Large sell-offs occur at the top of the channel and large rallies at the bottom. The global equity bottom in…...
Up 18% in Less than Two Months, the Nikkei’s Ascent to 14K This Year Continues Unabated
On December 13th when the index was ~1,700 points lower, we noted in this post that the Nikkei was working on a rather important technical break-out. In that post we suggested the following: “…a break above line (1) would be…
Strong Linkage Between the Yen and Gold Breaking Down for First Time in Over a Decade
The Yen and gold have tended to broadly trade in lock-step fashion since the latter’s secular lows in the early 2000s. If deviations have appeared in that pattern the Yen has appreciated or depreciated rapidly to make up the difference…
Look to Under-Weight and/or Find Shorts in This Industry
I don’t like the Clothing & Accessories industry. I believe it and its constituents are prone to serious downside risks over the intermediate-term and should be under-weighted, avoided all together or shorted. The chart below shows the ratio of the…...
PMs, Especially Miners, at a Critical Crossroads
I’d say the juncture PMs find themselves at right now is as important as those from their secular bull market beginnings in the early 2000s as well as their global panic lows in late 2008. This is less my opinion…...
HHS Up Nearly 60% in Less than Two Months
On December 10th we put up a password-protected post with a title that alluded to a stock that was sitting on 20-year support and had a 6% dividend yield. In that post we highlighted HHS and the opportunity to “…rent,…