Airlines Under-Perform by 10% on the Week…Are Silly Little Lines the Only Things That Matter?
There are plenty of people out there on the intra-webs (far more intelligent than us, no doubt) that spend their days opining on the virtues of why it’s essential for our financial-souls and well-being that we understand the inner workings…
GE May Provide Excellent Read-Throughs to Future Risk Appetite in the Broader Market
Present the Dow below with a large inset of the ratio of GE vs. the SPX. Note that the ratio of GE vs. SPX has tended to trade in a sideways, cyclical channel since the 1970s as defined by lines…...
Repeating Pattern in Silver
In the chart below I present silver, inverted, on a monthly basis. I inverted the chart to mess your head up. By doing so, you can’t look at it with the preconceived notions and biases you already had; it’s nearly…...
Up 43% in Eight Months, What Next for Bio-techs?
All the way back on July 16th we began building a strong bullish case for out-performance in bio-techs. The group is up 43% since then. Along with airlines, I would say bio-tech/healthcare was the group we focused the most amount…...
Philippine PSE Composite Portending Heightened Global Instability Again?
The Philippine PSE Composite faces material long-term resistance lines (1) and (2) in the chart below. It’s been at these lines where the Asian financial crisis of 1997 began, where the U.S. tech bubble explosion accelerated in 2000 and where…...
Mega-Cap Consumer Index Faces Significant Long-Term Resistance
The Morgan Stanley Consumer Index faces significant resistance in the chart below represented by line (1), which dates back 15 years, as well as 161.8% Fib expansion resistance formed off its 2007 highs and 2009 lows. This index is composed…
Chart Dump
Random chart dump today with a focus on consumer discretionary. Grey = not sure on outcome, but keep on radar as next move likely big; red = bearish; green = bullish. For those that are bullish-looking, focus longs on industries/cap-sizes…...
YHOO Up 50% in Six Months, Remains on Track to Hit $33
We’ve had a number of bullish posts on YHOO dating back to September 19th right here, where we explained that old-line late 90s tech super-stars were going to begin out-performing again. Back then, when YHOO was trading 50% lower below…
IBEX Faces Material Falling Resistance; Long-Term Bear Market to Resume?
In the chart below Spain’s IBEX faces long-term falling resistance line (1), after rallying ~30% off support line (2). If line (2) were ever to give way as support, line (3), which runs parallel to line (1) and forms a…
AAPL Analog Update
Our AAPL long, initiated in small size at ~$440 and in much larger size at $420, has begun to work very nicely. Assuming you split your position size 50/50 at ~$440 and ~$420, one should be up ~8% as of…...