I’ll preface by noting this is a higher-risk play. That said, its potential reward characteristics are vast and likely larger than any downside risk. Maybe the best way to think about it is as follows: If I told you a…...
Yesterday we took a look at the ratio of NYSE advancing vs. total issues. We suggested that ratio was getting oversold and potentially pointed to at least a near-term bounce in equities. Today we add some more color on market…...
In the chart below I plot Nat Gas on a monthly basis. I’ve been very silent on this for quite awhile – there’s simply been nothing to do with the product. Having said that, the recent sell-off makes for a…...
In the chart below the ratio of NYSE Advancing vs. Total Issues is plotted in the lower pane. The current print is highlighted in yellow. Note that since 2006 this level of depressed advancing issues vs. total issues has tended…...
CUI presented multiple ways below. Appears this stock is attempting a break-out from its decade+ flag pattern. Actually appears highly similar to the recent set-up in DATE/YOKU that preceded those massive runs. Stop should be a break-down out of the…...
EFII is presented on a daily basis below. There are two patterns in the chart worth noting. The first is the ascending triangle pattern b/t lines (2) and (3), or the red shaded area which has formed since 2000. Such…...
These guys are nearing the end of their cyclical runs. In July of last year we noted the group was working on a break-out. In that post we suggested the group was highly compelling. We went on to update the…...
In the chart below RT, ADSK and PLCM sit atop 30, 33 and 15 year support lines. These stocks’ ability to bounce along each’s key long-term support lines in the charts appears to be getting weaker and weaker. As such,…...
In the chart below there are seven long opportunities and two short opportunities. The last two are the short opportunities (CCO, SCCO) and are both mining related. Will let you pick/choose which longs you might find most appealing but all…...
We will continue to belabor this point over and over: You can choose to waste your time reading sententious bloggers/economists who drop wisdom manna-crumbs from on high about how money is created, blah, blah, blah, or, you can choose to…...