We’ve had a few posts on the site about coffee since 2012. These posts have centered around: 1) Coffee’s April 2011 high was a major top, analogous to only a few other such tops in its history 2) Coffee would…...
At this point, the most helpful thing we can probably do is turn to our set of analogs to help us visually understand the world. A) 4th-5h Consecutive Annual Gain B) 4 Yr RoC > 100% for First time in…...
I continue to believe the Nikkei is likely in a new secular bull and I’ve backed this view with loads of work on this site dating back to 2012 as can be found in the “Nikkei” category. Our favored analogs…...
Lots of market weakness this week. Crash calls abound and everybody and their brother predicted this 200 bps sell-off last week, don’t ya know? My view on 2014 finally catalyzed recently, having become “unequivocally” bullish the other week. Apparently I…...
261.8% – the Fib expansion level formed off the DJ Biotech Index’s 2000/2002 high and low, respectively, that the index ascended past in late November at ~1,350-1,400. 423.6% – the Fib expansion level formed off the DJ Biotech Index’s 2000/2002…...
As we have highlighted innumerable times on this site over the past six months in the “cycles” category, the similarities b/t the current cycle and where we are in that cycle are incredibly similar to the late 20s and mid…...
In the chart below SIGA is caught b/t a very long-term triangle/flag pattern formed by lines (1) and (2). At the same time, it is being held up in the nearer-term by line (3) support. See the inset for technical…...
Presented below are 11 different long opportunities, all of which are part of the semiconductor sector. For background on our bullish view on this sector, please see this recent piece. If one has the available will and capital, I’d look…...
The beauty of the markets is that everything can be empirically tested against history and nothing need be left to subjectivity. And yet and still, everything (or nearly everything) one can ever find from the soothsayers on CNBC, in Barron’s, the…...
All the way back on May 28 last year I put up a post titled “Where Might U.S. Equities Finally Encounter a Material Pull-Back?“. The Dow stood at ~15,300 at the time, or ~700 bps below its closing high last…...