INTC’s Recent Decline Has Taken it To Trend-Line Support from its 2009 Lows
Self-explanatory chart below – INTC is now sitting on trend-line support from its 2009 and 2011 lows. Can we expect a bounce here for INTC and with it the semiconductor space in general – both have been beaten up badly…
AMZN Entering Critical Area of Resistance; A Break-Out Likely Sets it Up to Target $435
In the chart below AMZN’s rally of late has taken it into a key area of resistance in the ~$265-$272 region. $265 marks trend-line (1) resistance formed off the stock’s 1999 and 2011 highs. $272 marks 261.8% Fib extension resistance…
This European Bank Could Provide Clues to the Next Big Move in Broader Risk Appetite
The chart below reflects that shares of NBG are caught in a tight consolidation pattern between lines (1) and (2). And though NBG trades in the low single digits now, we still believe its shares carry a good deal of…...
GME’s Business Model and Stock Price Appear to be in Terminal Decline
We’ll limit the commentary in this post as our thoughts are clearly outlined in the chart below (which we produced yesterday – GME reported EPS this morning), but broadly speaking, we think the prospects for this company’s business model and…
Chart Dump of 16 Long Opportunities
Though this market is a crap show at the broad index level, it doesn’t mean there aren’t a ton of opportunities at the company specific level. The notable moves of the past two weeks have come as the out-performers (XLU,…
This Discount Retailer Looks Set to Run
Will reiterate once again – though the site is macro focused always be prepared to pepper in individual, company specific trading opportunities. SBUX, CMG, FOSL (God were we wrong on that one), RIMM, RGR, etc. In the end, we want to…...
Time Almost Up for This Consumer Discretionary Company?
The chart below compares the similarities b/t that of TPX and FOSL. The analysis in that chart is similar to the parallels we drew b/t CMG and SBUX to successfully short the latter into its EPS recently. TPX has now retraced…...
Did Technicals Offer One Edge Heading into CMG’s Recent EPS?
The chart that follows shows how similar the patterns in CMG and SBUX have been of late. If the patterns hold, SBUX could decline post EPS tonight like CMG did last week, touching its 38.2% Fib retracement support in the low…...
Updating the AAPL vs. Silver Analog & Interesting Technical Set-Ups in AAPL Pre-EPS Tonight
Prefacing this post with the caveat that this is NOT a long or short call on AAPL into EPS tonight. This said, wanted to update the AAPL vs. Silver analog we had pointed out before and that the technical set-up…...
Though in the Coffee Biz, SBUX Finds itself in a Technical Pickle
Though the site is largely dedicated toward the macro, we do like to highlight individual stocks as well, so long as they have a compelling “story” and some type of interesting risk/reward set-up is in play. This brings us to…...