Clandestine Indian Bull Market
I’m embarrassed and quite disappointed in myself to have admit this, but I completely dropped the ball on India this year. Indian stocks have experienced a clandestine bull market this year, with the Sensex up an incredible +17% vs. ~+3.5%…...
Palladium Coiling for a Large Run Higher?
On 3/5/14 I noted palladium had developed into what appeared to be a bullish looking pattern in the context of similar patterns that the metal had registered throughout history. At the time palladium stood at ~$770 and we suggested being…...
Signs Point to Additional Near-Term Downside in Riskier Assets
In the chart below I plot the R2K over the past few years along with the Dow from 1989-1991 as well as a plot of the recent price action of the VIX. At (A) the R2K put in a fairly…...
Identical Patterns
I’ve been told by a user of the site I’m not allowed to pen any additional posts about TIVO as I’ve been far too bullish for far too long on a name that has yet to reflect any of what…...
Silver Breakdown?
On 2/19/14 we used some robust historical stats on gold to suggest a position in the PM space w/ related miner exposure. At the time gold stood at ~$1,320 and silver ~$21.50, resulting in ~3% and 12% losses, respectively if…...
Last Piece of Resistance In Way of More Upside for this Metal
Suggested buying Palladium on 3/5 due to what appeared to be a break-out from a flag/pennant pattern. At the same time, also suggested PAL which declined and force-stopped the position (as discussed in an email this was to be 1/4…...
Risk Unwind
I had a post earlier today suggesting exposure to risk assets has been in the process of being unwound, but one need look deeper than large macro indices such as the DJI/SPX to see evidence thereof. I present the ratio…...
Juicy Part of Growth Stock Decline?
Is likely beginning, +/- any near-term, last ditch attempts to head-fake them higher for better institutional exit points. Such is the suggested view to take based on the technical set-ups of the stocks below, all of which have been go-go…...
Caveat Emptor
One can spend their time doing more value-added things than plotting the technicals of major-market indices given how prone to failure I believe them to be. That being said, when such technicals accord with more value-additive analog work, their corroborating…...
Random Short Opportunity of the Day
In the chart below CALD is breaking below line (1) support at the inset. The support line (1) in question that has broken has acted as a rising, multi-month shelf of sorts. Break-downs from similar technical set-ups have occurred regularly…...