Turkish Equities Are Very Attractive
Below I graph the Istanbul 100 in local currency terms. Note the 2013-2016 consolidation at new all-time highs, the break-out and rally through 2017 and then 2018’s big sell-off to retest the break-out zone as new support. Atop this new…...
A Rare and Compelling EM Equity Long Amid Widespread Global Asset Class Carnage
In the first chart below I plot the ratio of the Bovespa Total Return Index (IBOV) vs. the SPX Total Return Index. The ratio appears to be staging a clean, noteworthy break above falling resistance that’s been in place since…...
RUBEUR Looks Very Bullish
If you’ve looked at enough charts you tend to, based on past experience, immediately know a good or bad chart when you see it. That was the case when I looked at RUBEUR last evening – the chart looks great,…...
Revisiting the Defense Industry as the First-Ever Audit of the DoD Commences
All the way back in this Oct-12 post I highlighted the defense industry and a few of its individual components, noting what I thought were theire overall bullish positioning vs. the broader market after a decent stretch of under-performance. Below I…...
1976’s “Network” Accurately Foreshadowed the Leftist-Statist America of 2016
Where can one find Howard Beale at this moment?
Yard Signs Tell the Story & Why Google Has Grown Lazy Censoring the Web
Not sure why Google hasn’t doctored these results yet (probably because nobody is looking at them), but Google Trends indicate a Trump landslide so far as search interest in ‘yard signs’ is concerned. To wit, the last three presidential elections…