This Works
On 6/17 I indicated I liked the publishing industry as a source of alpha/out-performance. Fundamentally, this post was prompted by the 6/13 announcement that GCI would acquire BLC for a 30% premium and that this deal likely portended additional consolidation…...
Analog Update
To repeat, 2013 is only the fourth example of a 5th consecutive annual gain in the Dow’s history dating back to the late 1800s – 1928, 1989 and 1995 are the other three examples. In light of this week’s downside…...
One of Eight
Have finally found something worth writing about… In this post I want to revisit the 4-Yr RoC framework we discussed a few times in spring of this year. We first presented that framework and its significance in this post and built…...
Analog Update
I apologize as I don’t have a ton of incremental, edgy ideas or content right now. As I hope you know, if there is relevant work to be posted, I do it, but only then. Certainly, there’s any number of…...
More Elaboration on the Potential for the Fireworks Dissipating
At the end of October we had two detailed posts (here’s #1 and here’s #2) that suggested 2014 could very well turn out to be a year that lacked fireworks, unlike every single year since the global equity/debt/real estate peak in…...
NBD
No big deal, but the Nikkei is currently pressing up against 24-year resistance line (1) in the chart below. I’ll merely point out that the index has not been above this resistance line since 1989, or coming off its all-time…...
For this Relic of the Past…Upside?
Dating back to February, when JCP stood at $20, we suggested it was a dangerous falling knife with plenty more downside to go. Nearly four months ago on 8/1 I then criticized both JCP and SHLD as being relics of retail’s glory…...
Though Down 30% in a Year, More Declines Likely in This Ratio
Since our 11/14 post highlighting the likelihood that the Nikkei would not experience another short-term, 20% decline and would instead begin to rally sustainably again into our long standing 45K-50K target, the index has rallied 450 bps. By comparison, the…...
Revisiting an Old Long Opportunity
On 2/20/13 we had a post on MWW. It was one that was available to the public so we removed the name/price info of the stock in question in that post and revealed it only via email. At the time…...
“Analysts Wary as Reform Euphoria Sweeps China Markets”
So goes the title of an article at the FT.com today regarding the massive overnight rally in Chinese equities that sent the SSEC and Shenzhen indices up ~287 and 218 bps, respectively. I absolutely love seeing items like this –…...