Chart of the Day – Your Breadth Stinks

ChartOfTheDay

The chorus of cries of "weak breadth" and " weak internals" has intensified in the past couple of weeks.  The S&P 500 index has remained near all-time highs, but the Russell 2000 has severely … [Read more...]

The Week Ahead: $NKE, $MU, $BBBY

Events

The event calendar this week is much lighter than last week's headline-leaden media frenzy.  There are no major central bank meetings or decisions.  The largest expected IPO is Royal Bank of … [Read more...]

New Trade – $MA: Not Quite Priceless

Screen Shot 2014-09-19 at 10.49.04 AM

In a market that is currently known for its low volatility and complacency as it relates to risk taking, the chart in Mastercard (MA) is illustrative of a stock taking a breather after a huge run. In … [Read more...]

Name That Trade – $Zillow Talk

NameThatTrade

Sky-high valuation or not, Zillow has been a major winner in 2014, up 64% year-to-date, even after declining nearly 20% from its late July high.  That high was set after Zillow announced that it was … [Read more...]