![Where's the Next Great Bull Market?](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2013/03/2013-03-28-Mid-Cap-400-Value-vs.-SPX-2000-2002-Weekly.png?resize=150%2C150)
Where’s the Next Great Bull Market?
The first chart below plots the relative value of the Mid-Cap 400 Value Index vs. SPX from 2000-October 2002. This was the bear market coming off the heels of the tech bubble. As the chart suggests – the SPX was…
![Chart Dump](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2013/03/2013-03-28-Chart-Dump-1-Weekly1.png?resize=150%2C150)
Chart Dump
Random chart dump today with a focus on consumer discretionary. Grey = not sure on outcome, but keep on radar as next move likely big; red = bearish; green = bullish. For those that are bullish-looking, focus longs on industries/cap-sizes…...
![FX Drives Everything](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2013/03/2013-03-27-SWY-vs-USD-w-SWY-Op-Margins-Weekly.png?resize=150%2C150)
FX Drives Everything
Want to use this post to reiterate the following: Over-weight sectors/industries that under-performed over the past decade Under-weight sectors/industries/that out-performed over the past decade The latter is most applicable to those sectors/industries heavily impacted, one way or the other, by…...
![YHOO Up 50% in Six Months, Remains on Track to Hit $33](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2013/03/2013-03-27-YHOO-Weekly.png?resize=150%2C150)
YHOO Up 50% in Six Months, Remains on Track to Hit $33
We’ve had a number of bullish posts on YHOO dating back to September 19th right here, where we explained that old-line late 90s tech super-stars were going to begin out-performing again. Back then, when YHOO was trading 50% lower below…
![Equity Analog Update](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2013/03/2013-03-26-Dow-4th-5th-Consecutive-Annual-Gain-Analog-Daily.png?resize=150%2C150)
Equity Analog Update
Was reasonably confident, per the analog below, we’d get a quick, ~400 bps correction into ~14K on the Dow sometime in the past week or two. Increasingly, that appears unlikely. If it doesn’t happen, there’s a good chance the Dow…...
![IBEX Faces Material Falling Resistance; Long-Term Bear Market to Resume?](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2013/03/2013-03-25-IBEX-Weekly1.png?resize=150%2C150)
IBEX Faces Material Falling Resistance; Long-Term Bear Market to Resume?
In the chart below Spain’s IBEX faces long-term falling resistance line (1), after rallying ~30% off support line (2). If line (2) were ever to give way as support, line (3), which runs parallel to line (1) and forms a…
![AAPL Analog Update](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2013/03/2013-03-25-AAPL-Post-Bubble-Analog-Weekly.png?resize=150%2C150)
AAPL Analog Update
Our AAPL long, initiated in small size at ~$440 and in much larger size at $420, has begun to work very nicely. Assuming you split your position size 50/50 at ~$440 and ~$420, one should be up ~8% as of…...
![Big Trouble in Little Thailand?](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2013/03/2013-03-22-Thai-SET-vs.-SPX-Weekly1.png?resize=150%2C150)
Big Trouble in Little Thailand?
Filtered for a few items this morning on the Thai SET index in Thailand. Weekly close at least 700 bps < weekly high YoY >20% Looking for a massive reversal off a stretched bull cycle. Anybody find other instances interesting…...
![27-Year Resistance at Hand for this Stock](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2013/03/2013-03-21-Unknown-Stock-Weekly1.png?resize=150%2C150)
27-Year Resistance at Hand for this Stock
So, how will 27-year resistance line (1) impact the stock below? Historically, it’s not treated the name very well. What stock is it? What industry? Looks like a good short in what is otherwise a runaway bull market.