Oil, Summer Driving Not Likely Getting Cheaper
As an investment professional and especially as a technically oriented trader I have the right, or more accurately the obligation to review my investment/trading thesis on a daily basis. As such, since I last posted my vibes on the price of oil here ( http://investorplace.com/2013/03/oils-in-a-slippery-spot/) on March 1st, the commodity has acted as suspected, which […]
Tupperware (TUP) – Good Risk/Reward On The Short Side
Household products company Tupperware Brands Corp (TUP) has rallied big year to date and the price action over the past few days suggests a medium-term top may be in place. On the first chart below, note that on November 1st 2012 the stock broke out of a multi-month resistance line and longer-term consolidation phase. This […]