Delta Airlines Could Soar For A While
US Airways (NYSE:LCC) led an industry-wide rally on Tuesday after industry executives said they have not yet seen any signs of a contracting economy in their September bookings and stated plans to reduce their seat capacity. Shares of airlines have been under severe pressure so far in 2011 and the Guggenheim Airline ETF (NAR:FAA) […]
Potential Bullish Pattern in Texas Instruments
Semiconductors are Texas Instruments Inc.’s (NYSE:TXN) biggest business as a percentage of revenue (roughly 90%). While the major semiconductor indices display weak looking weekly charts, the daily charts show some potential for upside. The same as it so happens goes for Texas Instruments Inc. (NYSE:TXN). After a big rally off the 2009 lows […]
Coventry Health Care Attractive Longer-Term Play
Coventry Health Care Inc. (NYSE:CVH) is a managed healthcare company with health plans, insurance companies, network rental and workers’ compensation services companies. As a general theme, health-care remains an attractive play due to the aging U.S. population, specifically targeting the baby boomer generation. Given where we are in the broader market and economic cycle […]
Perseverance
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 […]