Palladium Coiling for a Large Run Higher?
On 3/5/14 I noted palladium had developed into what appeared to be a bullish looking pattern in the context of similar patterns that the metal had registered throughout history. At the time palladium stood at ~$770 and we suggested being…...
Signs Point to Additional Near-Term Downside in Riskier Assets
In the chart below I plot the R2K over the past few years along with the Dow from 1989-1991 as well as a plot of the recent price action of the VIX. At (A) the R2K put in a fairly…...
Time Spent Waiting
It’s been approximately five months since we became ardent supporters of the idea that the Nikkei, following its initial sprint rally from fall 2012 into its May 2013 peak at 16K (an initial rally which we foresaw well before anybody…...
Duration & Size Matter
As of right now the SPX has gone 652 days and has rallied 72% without witnessing at least a 10% correction. This move dates back to the summer/fall 2011 mini-crash lows. In terms of duration/magnitude those represent 96th/89th percentile events…...
Identical Patterns
I’ve been told by a user of the site I’m not allowed to pen any additional posts about TIVO as I’ve been far too bullish for far too long on a name that has yet to reflect any of what…...
Silver Breakdown?
On 2/19/14 we used some robust historical stats on gold to suggest a position in the PM space w/ related miner exposure. At the time gold stood at ~$1,320 and silver ~$21.50, resulting in ~3% and 12% losses, respectively if…...
Last Piece of Resistance In Way of More Upside for this Metal
Suggested buying Palladium on 3/5 due to what appeared to be a break-out from a flag/pennant pattern. At the same time, also suggested PAL which declined and force-stopped the position (as discussed in an email this was to be 1/4…...
Risk Unwind
I had a post earlier today suggesting exposure to risk assets has been in the process of being unwound, but one need look deeper than large macro indices such as the DJI/SPX to see evidence thereof. I present the ratio…...
Whistling Past the Graveyard?
I’ve shown an analog chart many times in the past ~month or so detailing historical examples of how the DJI has traded after it has managed to close a month at least 32% above its 48 month MA for the…...
Juicy Part of Growth Stock Decline?
Is likely beginning, +/- any near-term, last ditch attempts to head-fake them higher for better institutional exit points. Such is the suggested view to take based on the technical set-ups of the stocks below, all of which have been go-go…...