Superstars of the 2009 – 2014 bull market

Consumer Borgwarner – BWA: Autoparts: Fuel economy standards and improved emission drives growth. P/E (12/14E) – 17.7x Footlocker – FL: Athletic Apparel: Fitness theme. P/E (12/14E) – 15.0x Fossil – FOSL: Watches & Lifestyle. Collection of different brands eg. A/X, Diesel, DKNY, Adidas. 44% of US Market. Growth of Fossil outstrips that of industry. P/E…

Global Financials

Here are some wave patterns of the Global Banks. Most seem to follow the pattern of the global financial ETF IXG and Banking Index BKX. For some banks 2007 marked a Supercycle Wave V Top. For other banks it marked a Grandsupercycle Wave (V) Top, and the ensuring correction was more severe. General it was…

Utilities

The Utility sector hit a Wave V Supercycle peak in 2008. 2014 is a Cycle B Wave that has topped. Cycle C Wave is to come. The Utilities weighting in the S&P500 at 2013 year-end is 2.9%. The Utility stocks themselves are quite mixed. There are many stocks that follow the pattern of the index…

Consumer Services

The Consumer Services Sector is reaching a Supercycle Wave V top in 2014. The Consumer Services weighting in the S&P500 at 2013 year-end is 12.5%. Many individual Consumer Services stocks are also hitting their Supercycle Wave V high in 2014. WMT ($257bn), AMZN ($140bn), DIS ($139bn), CMCSA ($134bn), MCD ($100bn), SBUX ($54bn), YUM($34bn)   For…