The title is purposely left vague for public viewing. With all due respect for my often-repeated refrain that targets are not stop signs, I thought it would be appropriate to highlight the EMs as a potential shorting opportunity because of the combo of EM at target and my current view that the US dollar will find support for a vigorous and extended bounce, at least. … Continue reading NFTRH+; Emerging Markets at Target…
This was once something of a value stock but today it is a well valued, multi-dimentional company with a crappy operating system, a game console that I guess people get into and some goofy folding iPad/laptop Franken-Device. Anyway, like so many other tech items in this market Softie only seems to know one way; up. But well past the ex-div date and with said dividend … Continue reading Goodbye Mr. Softie
I have been increasingly bearish on long-term Treasury bonds due to developing sentiment and Commitments of Traders issues implying a contrary bear play and also due to the fact that T bonds have popped to our original upside targets (when taking a contrarian trade in the opposite direction last December), which were roughly to the declining SMA 200. But this post is about the Financials… … Continue reading Financials Short Adventure Ends
