Long Mainframes
Want to be a buyer of UIS. This story is a little bit cloud computing, a little bit turnaround and a little bit beneficiary if rates rise due to a large pension obligation. It’s also a little bit acquisition target…...
Telecom Equipment to be a Source of Relative Outperformance in 2015
In the chart below I blot the ratio of the DJ Telecom Equipment Index vs. SPX. B/t lines (1) and (2) the ratio has been caught within a softly declining, bullish descending wedge pattern that appears set to break out…...
Closing PTRY Long
All the way back in May we suggested a purchase of PTRY based on two simple factors: 1) a bullish looking technical set-up that augured for a move to ~$37 2) a bullish fundamental backdrop suggesting the potential for the…...
Nikkei Beginning Phase #2?
Have been expecting some type of stepped up short-term Nikkei weakness/VOL for weeks now in and around this price level. It’s failed to materialize. In fact, based on the 60 min chart below, the Nikkei appears to have decisively broken…...