Solid Chance These Names Lose Half Their Value over the Coming Year?

Solid Chance These Names Lose Half Their Value over the Coming Year?

The technical set-up in the charts below look very appealing from a short standpoint – both companies face long-term channel and/or falling resistance lines. Statistically, correlations suggest there’s a ~80% chance these names trade down over the coming year with…

HD to Mr. Bernanke: "Thank You Kind Sir"

HD to Mr. Bernanke: “Thank You Kind Sir”

Thanks to the re-ignition of animal spirits in the housing sector, stocks related to that area, such as HD, as well as various other building materials names, have benefited  magnificently. HD is challenging its all-time highs right now in the chart below. Its P/E…