This Former Retailing Heavyweight Headed for More Trouble?
Part 3 in the ongoing “Power of Technicals” series is BBY. Another higher probability set-up with large profit opportunities in compressed time and clear risk control parameters. Fundamentally speaking, is BBY really any different from Circuit City of days past or RIMM…...
Charting RIMM’s Recent 50% Drop / The Power of Technicals (Part 2)
Starting now, we’re going to begin a series that shows recurring technical set-ups that offer material profit opportunities in compressed periods of time. In other words, great reward/risk trades. We’ll present these opportunities to folks subscribing to the premium / password-protected content…
Is this Major Pharma Company About to Quickly Lose 30% of its Value ?
On June 25 we highlighted RGR and noted that despite a great fundamental backdrop for the company and its industry, the stock had just managed to lose ~40% of its value in a little over a month. The trade set-up…...
Why has A Stock with a Great Fundamental Backdrop Fallen 40% in a Month? / The Power of Technicals
The chart below is of RGR (Sturm Ruger), a well known firearms manufacturer. The fundamental backdrop for this stock and its industry is excellent – obviously driven largely by fears of Obama’s perceived anti-gun rights political leanings. So, why then is…...
AAPL’s Run Highly Similar to Silver’s Parabolic Move; $1,000/$1 Trillion Cap Next?
Have attached two items to look at – one is a daily analog chart that compares the % increase in AAPL from January 2012 to current vs. the % increase SLV experienced from September 2010 to April 2011. These starting…...
Spread Trade Opportunity within Homebuilders
The ratio of HOV vs. XHB has reached resistance on the weekly charts while HOV itself faces resistance as well. The ratio of HOV vs. XHB which currently stands at ~0.125, is up ~55% from its lows this May of…...
NOK Down 95% from All-Time Highs, Is the Bleeding Over?
Does anybody remember how cutting edge this company used to be? This beauty was featured in one of the Matrix movies. At its lows last week following disappointing EPS results, NOK was down an incredible 95% from its all-time highs…...