For this Relic of the Past…Upside?
Dating back to February, when JCP stood at $20, we suggested it was a dangerous falling knife with plenty more downside to go. Nearly four months ago on 8/1 I then criticized both JCP and SHLD as being relics of retail’s glory…...
Lower-Risk/Higher-Reward Spread Trade Idea Useful for Those Looking to Deploy Excess Cash Balances
In the following chart we show the ratio of the Nikkei vs. gold. Into its 2012/2013 low of ~5, this ratio had fallen ~90% from its 2000-era high of ~70. However, upon hitting 12.38 last week, note the ratio has…...