Recent Decline in Rates to Continue Near-Term but Likely to Reverse over Time
Dating back to July of last year I’ve advocated the idea that bond yields were nearing the end days of their secular move lower. Beginning in May of this year we explicitly began to communicate the precise end of that…...
DRYS & Why I’d Rather Be a Knuckle-Dragger…
On June 27th we had a post that noted the Baltic Dry Index (BDI) was about to break out from a bullish looking technical pattern. Since then, the BDI is up 75%. Not bad. We also suggested that because shipping…...
Our Single Favorite Long Idea Could Be on the Cusp of a Major, Transformative Move
As I have belabored over and over – TIVO is my single favorite long idea. In the chart below I have inverted its price. We’ve looked at this one so many times now it pays to trick our brain by…...
Though a Double in a Year, This Stock Has Yet Another Double Left
We became bullish on food retail and wholesale in February and espoused why in this post. We highlighted SWY as a very attractive looking name within the group and have commented on it relentlessly in emails. At the time of…...
Chart Dump of Long Opportunities
Here is a list of 12 interesting long opportunities, all of which have compelling bullish looking patterns that are in the process of completing. I already own SD at $5.50 (via an email the other day) and continue to like…...
USD Breaking Below 30 Month Support
The USD bottomed in April 2011; silver peaked at the same time at its decade-long high of $50. Since then the USD has been in an uptrend defined by line (1) support; silver has been in a downtrend defined by…...
Silver’s Current Decline in the Context of Our Longer-Term Thesis
Amazingly, given all the commentary we’ve had on silver via email and phone conversations, there hasn’t been an official updated post on the PM since April. Most, if not all of the reason for this, is the fact that my…...
13 Year, TSLA-Looking Ascending Triangle Pattern about to End for This Company
We have been extolling the many virtues of TIVO’s chart since February of this year when we noted in a post that we found it: “…incredibly compelling…” Since that time the stock has done very little. Moreover, we haven’t posted…...
Arabica Update
Per the chart below, coffee remains caught in a bullish, descending wedge pattern b/t lines (1) and (2). It appears to be pressing the top of that pattern’s resistance at line (1), suggesting a break-out may be nigh. Additionally, the…...
Spread Trade Idea in Global Equities
As you know, I’ve gotten structurally bearish over the past two weeks. Even if I’m wrong, I’m of the opinion that any U.S. equity upside is going to be more limited from current levels, likely no higher than Dow 16,250…...