Retailers Setting Up To The Short-Side Soon
Stocks of retailers had an amazing run off the 2009 lows and earlier this year the Retail HOLDRS Trust (ARCA: RTH) exchange traded fund (ETF) posted an all time high. For two years many investors argued the ‘rise of the retailers’ so to speak wasn’t’ justified. As the Retail HOLDRS Trust (ARCA: RTH) formed […]
Estee Lauder Upside Potential For The Patient
Estee Lauder (NYSE: EL) manufactures and markets skin care, makeup, hair care and other products. The company is also a significant player in the fragrances business and as such sells a variety of the more famous male and female colognes/perfumes. The cosmetics/personal care industry which Estee Lauder (NYSE: EL) belongs to is classified as […]
Monsanto Holding At Solid Support Level
Monsanto Co. (NYSE: MON) provides agricultural products such as seeds and herbicides to farmers. The products help improve farmers’ productivity and hopefully better quality foods for the end-consumer. Sector: Basic Materials. The sector doesn’t look very good, very similar to the broader market, i.e. broken charts. Industry: Chemicals (Agricultural). The industry charts look more constructive, […]
Linn Energy Holding Up Well Relatively Speaking
Linn Energy LLC (NASDAQ:LINE) is an independent oil and natural gas company development company. The Company’s properties are located in the United States where it is taking advantage of the longer term trend of increasing demand for natural gas. Looking at a three year weekly chart of the stock note the up-trend that started […]
Gold versus the Financial Stocks…Interesting Chart
notice a little divergence? mean reversion trade?
Long-Side Trade In Silver (SLV)
The case for buying silver has long been made; industrial use, ‘precious/rare’ metal, hedge against currency deflation and other bunker building theories …I get it and I own it. It is however a very volatile little nugget and as such also provides ample opportunities for trading. Silver as measured by the iShares Silver Trust […]
Research In Motion Chart – Resistance…if overcome looks good higher
critical point for RIMM here. aside fromthe takeover speculation talk note the resistance area here at the blue line and the 50 day moving average (yellow line). if it can hold above this $30 should come up soon and then we get into the gap fill area (gray zone)
Anemic Jobs Growth – Chart
note the anemic jobs recovery compared to the sharp drop-off in jobs during the 2008-2009 period.
Wynn Casinos Short-Side Opportunity
The stock of luxury casino operator Wynn Resorts Ltd. (NASDAQ: WYNN) has seen some volatile swings over the past two months. After staging an impressive rally into mid July the stock ran out of steam in a big way as it traded lower with the rest of the market. Looking beyond the financials of […]
Shorting the Technology Sector ETF
The technology sector as measured by the SPDR Technology ETF (ARCA:XLK) may have reached some meaningful resistance over the past few days. After rallying more than 100% off the early 2009 bottom to its recent highs in February this exchange traded fund proceeded to break that multiyear uptrend in early August. Year to date […]