Sandy Hook Have the Gun Manufacturer Bull Market Coming to an End?
Both RGR and SWHC are in the process of, or have, broken down from bearish patterns recently. In the case of RGR, it sits atop support line (2) below which dates back to 2008 and has defined its bull market…
Time to Take Profits on Short AAPL / Long GOOG Spread Trade
On October 3rd, when it stood at ~0.88, we noted the ratio of AAPL vs. GOOG still had ~20% in additional downside (i.e., GOOG had the same amount of out-performance left vs. AAPL) until it hit noteworthy support. As of…
This Stock Has Doubled in Three Months; Time to Short?
UPDATE: This post was originally published on 12/12 behind the password protected firewall; given the material decline today (12/21), the bulk of profits from the trade have accrued, hence we are willing to release the post publicly now ******************************************************************************************************************************** Never…
Spread Trade Opportunity in Basic Materials
Long FCX against a copper short, but not yet. In the chart below I plot the ratio of FCX vs. copper. If the ratio is able to trade down to ~0.073 from its current ~0.088, or by ~17%, it will…...
Bottom Fishing in AAPL Remains Ill-Advised
We’ve been bearish on this name since early October when it stood at $658 all the way back to this post. We noted at the time that if support were to give way it would likely fall ~20%-35% lower to…
20 Year Support + 6% Dividend Yield = Random Long Opportunity of the Day
This post is a combo fundamental / technical opportunity. The stock floated through a deep value / LBO screen I use on Bloomberg. It happens to yield 6%+ and is approaching a ~20 year support line in the chart below,…
After Losing 98% of its Value, Is this Retailer Worth a Trade on the Long Side?
At just under $2.00, RSH finds itself down 98% from its all-time highs in the late 90s. We’ve talked a lot about old-line retail on this site and in emails, with these discussions largely centered around the likes of BBY,…...
Are YHOO’s Weaknesses Now Its Strengths?
We’ve mentioned YHOO bullishly on the site two times in recent months. Here, we noted YHOO was likely to grow closer with AAPL over time given the combination of the latter’s disdain for GOOG and flop in Maps on its…
How Far Might AAPL Fall from its Once Mighty Tree?
We’ve been bearish on this name for some time now and noted the following in our last post about it on October 6 when it stood at $658: “…we view the technical set-up in the stock as being as precarious…
Despair in Semi Space Creating Short-Term Opportunities
Have noted the potential upside in an AMD / INTC pair trade in the past right here. Initial thought was to put a 10% stop on that trade, long AMD and short INTC. Nearly immediately after putting it on we…...