Framework for Assessing Progress of Late June's Pivot Low in Chinese Equities

Framework for Assessing Progress of Late June’s Pivot Low in Chinese Equities

On 7/2 we had a post suggesting Chinese equities, in contrast to Barron’s call for a renewed crash/credit crisis, were likely nearing a major low. That call was based on a very simple (and thus elegant) analysis that showed the…...

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Down 75% in a Year, This Stock Could Find Support in the Near-Term

Down 75% in a Year, This Stock Could Find Support in the Near-Term

A few months ago we suggested a short in JCP around ~$15.  We also suggested being short or remaining clear of SHLD, which has been the wrong call. Thankfully, the only name I traded was JCP.  So far, so good…...

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Is an 85%, Single-Week Gain Good Enough?

Is an 85%, Single-Week Gain Good Enough?

We originally laid out on 7/2, or immediately after Barron’s 6/24 front page article calling for a crash/renewed credit crisis in the country, a bullish post on China. In that post we highlighted the fact that the SSEC’s price action over…...

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This Solar Stock Poised for a Rally?

This Solar Stock Poised for a Rally?

In the chart below I plot LDK. It’s both solar and China-based, two groups we’ve favored for quite awhile now. It’s been trapped in a consolidation pattern formed b/t lines (1) and (2) for the past three years.  At the…...

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Random Long Opportunity of the Day

Random Long Opportunity of the Day

In the chart below IG is plotted on a weekly basis. This chart is quite compelling as the stock has wound up in a very well-behaved manner b/t the flag pattern formed by lines (1) and (2) dating all the…...

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Analog Update

Analog Update

Toward the end of last year and for the entirety of this year, our framework for thinking about 2013 has been as follows: 2012 marked a 4th consecutive annual gain for the market (Dow); historically that had happened only six previous times…...

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Government Officials in this Foreign Industry Pressing for Consolidation Following Scares in Recent Years; Related Stocks Could Benefit

Government Officials in this Foreign Industry Pressing for Consolidation Following Scares in Recent Years; Related Stocks Could Benefit

Remember the scare over contaminated Chinese dairy from 2008? Lots of children falling ill, some actually dying. Regardless, all bad news. Stocks like SYUT, a U.S.-listed, Chinese dairy producer highlight this bad news: peak to trough it declined by ~90%…

Shenzhen +22% and Shanghai +12% Since Barron's 6/24 Call for a Chinese Credit Crisis; Why Won't China Just Crash on Cue?

Shenzhen +22% and Shanghai +12% Since Barron’s 6/24 Call for a Chinese Credit Crisis; Why Won’t China Just Crash on Cue?

A-shares traded on the Shenzhen Stock Exhange and the SSEC are up 22% and 12%, respectively, since Barron’s penned a cover story on 6/24 calling for a renewed credit crisis. Hmm.  Something seems amiss here. If you recall, we wrote…...

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Time to Take Profits on this Short, Look for Long Entry Point?

Time to Take Profits on this Short, Look for Long Entry Point?

On 8/1 we suggested JCP and SHLD had much more downside and were relics of the past. Specifically, we shorted JCP.  While nothing was done on SHLD, we nonetheless have gotten that call wrong so far as the stock is…...

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Additional Update to Favored Single-Stock Long Idea

Additional Update to Favored Single-Stock Long Idea

TIVO has moved up nicely today to ~$12.72. As it has done so, it has begun to push the final boundaries of all the long-term resistance that’s in play which has needed to be cleared to help catalyze the material…...

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