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…...
The SPX has rallied to 1,680 today, reaching our upside price target objective, which was the 61.8% retracement level formed b/t the 8/5 highs and 8/28 lows, respectively. Though it has crept above this level somewhat, this isn’t all that…...
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…...
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…...
Our framework for analyzing the Nikkei has largely revolved around the idea that it was in the early stages (read: 1st inning) of a new secular bull market, a topic we initially visited/suggested one year ago, well before the index…...
The USD’s 52 week RoC is consolidating into a triangle that looks very close to ending, per the image on the right. Last Aug the USD closed at ~81.2 and ~80 in Sep, which puts your current and prospective 52…...
SentimenTrader had an interesting analysis on the short and intermediate-term rally we’ve seen in oil this year and when it’s happened in the past, its implications for stocks. They looked at periods in the past when crude has jumped at…...
Is that all she wrote for the current U.S. equity bull? The case may be quite simple and compelling: DURATION – at 46 months now, the current bull is the third longest in history. Only 2003-2008, 1924-1929 and 1991-2000 lasted…...