HPQ stock has had quite the turnaround. Ever since its capitulation low in November, the stock has more than doubled, and is up more than 75% so far in 2013. The stock’s bottom and subsequent …
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So we’ve received a lot of questions about AAPL stock in the past week, as it’s come back down to the $400 level. First, my technical thoughts. Here’s the daily chart since August 2012: I’ve …
Continue readingSo I’m hearing a lot of chatter today about the new breakout in SMH, which is already up more than 20% so far in 2013. Here is the 1 year chart: A few things I …
Continue readingThe gold miners have had a miraculous fall from grace in the past 2 years. Here is the chart of the GDX ETF over the past 5 years, illustrating the speedy run-up and even more …
Continue readingThe precious metals have been getting smoked for the past 6 months. When Sunday night futures opened in silver, the price dropped almost 10%, as sell stops were hit when it made a new low. …
Continue readingTrade Update April 15th, 2013, 9:45 am: Gold and silver have made massive moves in the past 2 trading days, with all precious metal related assets moving lower.
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The FOMC minutes are released today at 2pm. While few expect much change in stance from the Fed, that has been the case for the past couple releases, but the market has still reacted. The …
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I laid out my thoughts on NEM and the precious metals in general in a Name That Trade Post 3 weeks ago, included below. In that post, I discussed how precious metals were at a …
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HPQ is another of the many left-for-dead stocks (NFLX and BBY among those that we’ve most discussed) that has quickly doubled over the past 6 months. But HPQ stands out because it is by far …
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Defensive sectors outperforming has been a theme for more than a month now, but what’s eye-opening is just how strong the runs in those sectors have been. This post is a quick run-through of the …
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