The Next China Play
Remember this post from September 2012? In it we suggested commodities were not the best way to play a resurgence in Chinese economic or financial market prosperity. Instead, we suggested the following: “…we have higher conviction that global, U.S.-based consumer…...
Break-out of Small Cap Tech Security Player
VDSI is breaking out from an ascending triangle pattern b/t lines (1) and (2) in the lines below. The height of the pattern is ~$15 implying the potential measured move higher, or price target, is ~$30 given the break-out occurred…...
Adding to Profitable C-Store Position
On May 28 we suggested buying PTRY when it stood at ~$16 based on its technical and potential fundamental set-up. Since then it is +25% to nearly ~$20. The SPX is +1.4% over the same period. In our original post we…...
Pity the Fool?
Pity the fool that doesn’t buy Mr. T, as in AT&T? In the charts below with T pressing a break-out of ~15-yr resistance line (1a) this morning in the left pane on the heels of WIN’s decision to spin out…...
Semi Out-Performance Thesis Has Reached a Critical Juncture
We’ve been vocal proponents of over-weighting semis vs. the broader market this year and thus far, that trade has paid off handsomely. For instance, INTC, the group bellwether, has outperformed both the SPX and Nasdaq by 26% YTD. Having said…...
Additional Mega-Cap Break-Out
EMC breaking above and out of a long-term flag/consolidation pattern this week b/t lines (1) and (2) on heels of a push by a large activist fund to break company up and spin off VMW. Similar to all the other…...
6 Tuners & 6 Consecutive Weeks of Gains
TIVO’s most recent DVR, the Roamio, has been lauded over and over by important consumer electronics critics. One of its many features is that it has a total of six tuners, meaning a viewer can record six different shows simultaneously…....
Buying this Mega-Cap Tech Stock
Very much in-line with our ongoing semi and MSFT thesis, be a buyer of CSCO. In the chart below the stock is breaking above ~13-yr resistance line (1) dating back to the early 00s. The height of the pattern formed…...
BKS Update
On 5/28 we advocated long positions in BKS based on both a favorable fundamental and technical backdrop. With today’s news re: the planned split of the NOOK media and book retail businesses, the stock is up an impressive ~10%, putting…...
INTC Breaking ~14 Yr Resistance, to Accelerate Outperformance of Semis
In the chart below INTC is breaking above ~14 year resistance line (1). Assuming the week’s gains hold this likely implies that the semi group outperforms on an absolute and relative basis vs. the broader market in accelerated fashion over…...