Jeff Macke’s “You Will Never See Those 5-Year Highs Again” Update
On 7/22 we had a post on MSFT that attempted to poke some fun at Yahoo Finance writer and glib, hyperbole-prone CNBC personality, Jeff Macke. The Friday before, on 7/19, on the heels of MSFT’s poorly received EPS and 10%…...
Where to “Search”?
Anybody remember Looksmart? This was once an internet search darling from the late 90s tech craze that once traded at a split adjusted ~$300. Today it’s a penny stock and though I’m somewhat embarrassed to be putting a post about…...
Obscure Measure of Market Internals Pointing to a “Bull Treat”?
I’d like to think nobody has ever considered using the RSI of the ratio of XLP vs. SPX to gauge market internals and overall macro risk before. As far as I know, I’ve never seen anybody use or write about…...
More Thoughts on Global Equity Allocations
Over the past two months or so we have become increasingly bearish / less bullish on the U.S. from an intermediate-term cyclical standpoint. We first began questioning the remaining intermediate-term upside of this 46 month cyclical rally in the U.S. in…...
Rising 60% in 13 Months, GOOG Hits Our $1,000 Price Target
13 months ago, on 9/12/12, when the stock was trading at $692, we had a post on GOOG with the following title: “GOOG’s Day in the Sun is Likely Arriving with $1,000 in the Cards” At the time we said…
China Single-Stock Long Opportunities Update
CJJD, one of the 12 names from our chart dump 10 days ago, is now in the +90% club with today’s gains. Just wanted to show those who care a quick snapshot of what all 12 stocks from that chart…...
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…...
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…...
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…...
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…...