Random Long Opportunity of the Day
In the chart below SIGA is caught b/t a very long-term triangle/flag pattern formed by lines (1) and (2). At the same time, it is being held up in the nearer-term by line (3) support. See the inset for technical…...
Chart Dump of 11 Long Opportunities
Presented below are 11 different long opportunities, all of which are part of the semiconductor sector. For background on our bullish view on this sector, please see this recent piece. If one has the available will and capital, I’d look…...
Greater Than 90% Probability SPX Higher in 2014 with a Median Expected Gain of ~20%, Reaching at Least 2,100
The beauty of the markets is that everything can be empirically tested against history and nothing need be left to subjectivity. And yet and still, everything (or nearly everything) one can ever find from the soothsayers on CNBC, in Barron’s, the…...
Reflections on Lines in the Sand
All the way back on May 28 last year I put up a post titled “Where Might U.S. Equities Finally Encounter a Material Pull-Back?“. The Dow stood at ~15,300 at the time, or ~700 bps below its closing high last…...
The Best is Yet to Come
I’ve become incredibly bullish in terms of my disposition to one’s macro market exposure. I have put up post after post after post on this site over the past six months, and increasingly so as of late, detailing why the…...
Past Six Years of Chinese Malaise Nearly Unprecedented
We made a highly out of consensus call on 7/2/13 suggesting Chinese equities were at a major low. This call was concurrent with Barron’s front page story calling for a renewed credit crisis in the country. That call proved incredibly…...
The Trigger to an Already Stretched Rubber Band?
In early March of this year as the SPX laps its early March 2009 weekly closing low of ~666, it will be up ~175% on a five-year basis. In the past, we’ve only looked at this cycle on a four-year…...
The Next Craze in Alternative Energy?
Fuel cell stocks have done nothing for the better part of two decades, save for the massive run they had in the latter stages of the 90s-era tech boom, perceived as a similar bastion of innovation that was imminently to…...