BBY Down 22% Since our Bearish Post on 7/12 Despite 5% Rally in SPX Over Same Period; Much More Downside in BBY Likely
Though the post had been pass-word protected up until today, we had a rather bearish post on BBY all the way back on July 12th where we suggested the stock could trade much, much lower from its price at the…
This Discount Retailer Looks Set to Run
Will reiterate once again – though the site is macro focused always be prepared to pepper in individual, company specific trading opportunities. SBUX, CMG, FOSL (God were we wrong on that one), RIMM, RGR, etc. In the end, we want to…...
Time Almost Up for This Consumer Discretionary Company?
The chart below compares the similarities b/t that of TPX and FOSL. The analysis in that chart is similar to the parallels we drew b/t CMG and SBUX to successfully short the latter into its EPS recently. TPX has now retraced…...
This Former Retailing Heavyweight Headed for More Trouble?
Part 3 in the ongoing “Power of Technicals” series is BBY. Another higher probability set-up with large profit opportunities in compressed time and clear risk control parameters. Fundamentally speaking, is BBY really any different from Circuit City of days past or RIMM…...
Charting RIMM’s Recent 50% Drop / The Power of Technicals (Part 2)
Starting now, we’re going to begin a series that shows recurring technical set-ups that offer material profit opportunities in compressed periods of time. In other words, great reward/risk trades. We’ll present these opportunities to folks subscribing to the premium / password-protected content…
Why has A Stock with a Great Fundamental Backdrop Fallen 40% in a Month? / The Power of Technicals
The chart below is of RGR (Sturm Ruger), a well known firearms manufacturer. The fundamental backdrop for this stock and its industry is excellent – obviously driven largely by fears of Obama’s perceived anti-gun rights political leanings. So, why then is…...