Gold Approaches Major BUY Zone (Chart of the Day 12)

Will This Time Be Different? Precious metals have disappointed their fans and enthusiasts for YEARS.  After peaking at about $1900 per ounce in 2011, Gold is still 1/3 lower 8 years later. The 2011 runup was the result of inflation fears from Quantitative Easing (QE) by the Federal Reserve.  QE was the program of massive […]

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Are Pot Stocks Too “High”? (Chart of the Day 11)

Restrictions Fall Everywhere The Cannabis Industry is grabbing the attention of investors, but it remains very misunderstood.  For one thing, the legality of Cannabis use completely differs by location and is often contradictory. Federally, possession or sale of Cannabis is illegal.  Each State and Territory has its own set of laws. California was the first […]

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Netflix: Growth At All Costs (Chart Of The Day 10)

Subscriber and Revenue Growth Stay Strong Netflix(NFLX) is an excellent gauge for how much investors are willing to pay for growth.   So far, NFLX has delivered.  The two charts of subscriber growth show the exponential increase in customers.   (https://ir.netflix.com/financials/quarterly-earnings/default.aspx). Several days ago, NFLX raised prices for streaming content by 13% to 18%, signaling […]

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Tesla Driving Off The Cliff? (Chart of the Day 9)

Reality At Odds With Tesla Hype Investors in Tesla (TSLA) have bought into the growth story and “vision” of founder Elon Musk.   So have drivers.  There is no shortage of glowing reviews of Tesla’s models: The luxury model S (https://www.consumerreports.org/cars/tesla/model-s/2018/road-test) and the SUV model X. (https://www.caranddriver.com/tesla/model-x). Both have starting prices near $80,000 which can […]

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Berkshire Hathaway: Buffett’s Portfolio Put To The Test (Chart of the Day 6).

Berkshire’s Portfolio is Heavily Concentrated In Banks Every quarter, investors pour through Berkshire Hathaway’s (BRKA) investment portfolio to know what the “Oracle of Omaha”, Warren Buffett bought or sold.  For more than a half century, Buffett has delivered a compound return EXCEEDING 20%.   Buffett is considered the greatest investor of all time. Berkshire Hathaway reports […]

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The BEAR MARKET For Equities Shifts Into High Gear (Charts of the Day 5)

Equity Indexes All Make New 52 Week Lows Following the expected interest rate hike yesterday, EVERY MAJOR STOCK MARKET INDEX MADE NEW 52 WEEK LOWS.   The anticipated BEAR MARKET is asserting itself with a vengeance.  Nearly 1000 stocks made new lows as well.  This is NOT a “Correction”. Many observers continue to fail to […]

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Chart of the Day (4): Are Transportation Stocks Forecasting An Economic Train Wreck?

Transportations Trigger Dow Theory Sell Signal Originally called the “Rails”, the Dow Jones Transportation Index is a companion index to the 30 Industrials. Charles Dow and Edward Jones founded  Dow, Jones and Company in 1901.  They created the Dow Jones Industrials, Rails and went on to co- found the Wall St. Journal. Dow constructed the […]

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Chart of the Day (3): Is Walmart Signaling Retail Slump?

Walmart IS Retail.  What is Their CHART saying? Walmart (WMT) is the nation’s largest and dominant retailer in terms of annual revenues with about $500 Billion. Costco (COST), number 2, has roughly 30% of WMT’s sales.  (https://www.investopedia.com/articles/markets/122415/worlds-top-10-retailers-wmt-cost.asp) Walmart’s chart screams TROUBLE even more than one of the famous “Black Friday Brawls”. Walmart has traced out […]

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