YHOO Up 50% in Six Months, Remains on Track to Hit $33
We’ve had a number of bullish posts on YHOO dating back to September 19th right here, where we explained that old-line late 90s tech super-stars were going to begin out-performing again. Back then, when YHOO was trading 50% lower below…
AAPL Analog Update
Our AAPL long, initiated in small size at ~$440 and in much larger size at $420, has begun to work very nicely. Assuming you split your position size 50/50 at ~$440 and ~$420, one should be up ~8% as of…...
27-Year Resistance at Hand for this Stock
So, how will 27-year resistance line (1) impact the stock below? Historically, it’s not treated the name very well. What stock is it? What industry? Looks like a good short in what is otherwise a runaway bull market.
Solid Chance These Names Lose Half Their Value over the Coming Year?
The technical set-up in the charts below look very appealing from a short standpoint – both companies face long-term channel and/or falling resistance lines. Statistically, correlations suggest there’s a ~80% chance these names trade down over the coming year with…
HD to Mr. Bernanke: “Thank You Kind Sir”
Thanks to the re-ignition of animal spirits in the housing sector, stocks related to that area, such as HD, as well as various other building materials names, have benefited magnificently. HD is challenging its all-time highs right now in the chart below. Its P/E…
Industry About to Deliver a Dose of Pain or Gain?
Ratio of the DJ Drug Retailer Index vs. SPX below. Continue to believe this ascending triangle pattern is of the bullish variety (typically is) and that this group is about to break-out and sustainably out-perform the market. Individually, here are…...
Three Decade Perspective on Gold Miners
As you might have noticed over the past week or so, I’ve begun tempering my precious metals bearishness. My disposition has turned most noticeably on gold – not yet an outright pound the table bull, but have warmed up to…...
NAV & SRI Up 60%-70% in Less Than Six Months
All the way back on September 26th of last year we had a post titled “Likely Time to Warm Up to a Few Key Commercial Truck Players” which focused on two players in the space including NAV and SRI. In…
Decade+ Relative Strength Break-Out in This Industry
The first chart below highlights the ratio of the DJ Home Furnishings Index vs. SPX. Note the break-out above falling resistance this past week which had been in place for over a decade and had defined this industry’s inexorable under-performance…...
The Conundrum that is Gold (To Bubble or Not to Bubble?)
Let’s continue to beat a dead horse. Is gold a bubble? If so, did the bubble run end in September 2011 when gold peaked around ~$1,900? We know that thus far, if gold was a bubble and the run ended…...