We’ve been bullish on this group for as long as we can remember going back a full four months to this post. We’ve talked recently about the possibility for the group to remain a sustainable out-performer here. As of late…
As noted recently, the stock’s big move over the past month saw it breaking out from a multi-year flag pattern formed by lines (1) and (2) in the chart below. In our last post on 10/26 when the stock stood…...
We’re updating our 4th and 5th consecutive annual gain analog in the charts below. First chart displays those years in history that have represented 4th consecutive annual gains. As we have often noted, including in our 10/24 analog update, if…...
The chart below plots the ratio of the Arca Gold Miners Index vs. Gold. As you can see, early in 2012 the ratio hit extremely over-sold territory which has typically led to strong bounces whereby miners out-perform the metal itself…....
On 8/20 we noted our systematic model had generated its first sell signal since March. We noted at the time the signal itself meant nothing until we started to see choppy price action and/or some big intra-day reversal(s). Clearly, into…...
First chart is the ratio of the DJ Specialized Consumer Services Index (DJUSCS) vs. SPX. This index is a hodgepodge of sorts but includes education & training companies, which are this post’s focal point as a source of potential out-performance…....
On October 2nd we noted in a post that companies in the defense industry were likely to out-perform the broader market moving forward. In that post we stated the following: “…we would anticipate that defense stocks could out-perform for some…
The chart below plots the ratio of AMD vs. INTC. With AMD’s dramatic decline of late the ratio sits on long-term support line (1). A potential spread trade here would be to go long AMD and short INTC. The trade…...
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…
Historically we’ve focused this thesis on the idea that such out-performance would come via the SPX. That said, with a little bit more digging, the ratio charts below also suggest that the SSEC can out-perform the companies that have historically…...