What would you do with this asset given all of the lines in the chart below that are in play? What exactly is it that we’re displaying on the chart?
Is line (1) in the chart below relevant to the Nikkei per history? If so, what happens with a sustained break above it, if anything?
Updated the silver post-bubble collapse analog chart below. It reflects silver @ ~$30.70, it’s current trading price. I’ve also extended price out ~4 weeks into early February. This can be seen by the extension of the red line (dotted). This…...
Here is a link detailing all of our bullish posts on airlines dating back to May 30th of last year. In the past quarter alone, since mid October when we suggested more airline out-performance, the group (via FAA) is up…
On 12/4/12 we suggested it was time to be short gold miners in this post. Since then, the index has decline by ~370 bps. Decent, but not stellar, return on the short in a single month. In our view, given…...
The chart below plots the average path that U.S. secular bear markets (1901-1921; 1929-1942; 1966-1982) have taken through history and compares it to the path the current (presumed) secular bear of 2000-2012. The path of the current had plotted nearly…
The chart below is self-explanatory – silver finds itself sitting at some very important intermediate, swing support at ~$30. This is the level, along line (1), where nearly all of the metal’s big moves and price action have occurred since…...
In early October when coffee stood at ~160+ we had a rather detailed post explaining why we thought it would continue to disappoint longs over the intermediate-term, despite the fact that it had sold off materially already and commercial players had…...
The Nikkei’s run has been incredible over the past few months. In early June 2012 at the global equity bottom, futures were trading at ~8,225 vs. the current 10,880. That’s a 30% gain in six months. In the chart below…...
Both gold and silver find themselves caught in consolidation/flag patterns in the chart below, formed by their respective lines (1) and (2). Both currently sit on line (2) support. We aren’t suggesting which direction they’re apt to turn in next…