Clubber Lang May Finally Be Ready to Fight
On 7/29/14 we highlighted Mr. T as an increasingly attractive long. At the time we didn’t openly advocate an immediate position in the name, but said the following: “Would look to purchase T on a break-out this week assuming it…...
Continue to Favor Telco Equipment & With It a New Long Idea in the Industry
Late last year on 12/23 we had a post that suggested the DJ Telco Equipment Index would be a source of relative out-performance vs. the SPX in 2015. Our proxy for that call, the IGN ETF, has delivered +725 bps…...
Angelic
In the chart below HALO is caught in an interesting looking ascending triangle pattern of sorts b/t lines (1) and (2). This pattern has been developing for a decade and reminds me an awful lot of the same patterns that…...
An Enduring Love Affair
My historical penchant for an undying love toward TIVO, both its chart pattern and fundamentals, has been well documented on this site. However, having first identified it on the site almost two years ago with nothing but a torpid, relentlessly weak stock…...
As Self-Explanatory as Any Chart Pattern Could Be
I apologize for the lag time on posting this ascending triangle break-out because I identified IPGP in early February and put it on my radar at that point in time as a major buy per it’s very bullish chart pattern…...
Aesthetics May Improve Here
You’d think a global leader in cosmetics would be able to procure a chart with far prettier aesthetics. Instead, all that recent ugliness landed AVP on my radar as it resulted in the chart below whereby the stock began to quickly approach major long-term…...
Long Two Healthcare-Related Names
Purchasing AFFX and DGX per the long-term break-outs in the chart below. Specifically, AFFX is breaking above long-term resistance lines (1) and (2). With its initial rally beginning along line (3) support, parallel resistance line (4) would seemingly offer a…...
Long Mainframes
Want to be a buyer of UIS. This story is a little bit cloud computing, a little bit turnaround and a little bit beneficiary if rates rise due to a large pension obligation. It’s also a little bit acquisition target…...
Telecom Equipment to be a Source of Relative Outperformance in 2015
In the chart below I blot the ratio of the DJ Telecom Equipment Index vs. SPX. B/t lines (1) and (2) the ratio has been caught within a softly declining, bullish descending wedge pattern that appears set to break out…...
Closing PTRY Long
All the way back in May we suggested a purchase of PTRY based on two simple factors: 1) a bullish looking technical set-up that augured for a move to ~$37 2) a bullish fundamental backdrop suggesting the potential for the…...