Superstars of the 2009 – 2014 bull market

Superstar

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…

One Final Push

Rocket

Following the Fed’s decision to carry on monetary stimulus the S&P 500 shot up to a new record high. This looks to be the final push up of the entire bull market rise from 1900-present. We can count 5 waves up of multiple degrees – down from Grand Supercycle degree all the way to Minuette…

  • Sep 19, 2013
  • SPX
  • Comments Off on One Final Push

The Coming Stock Market Crash

Trading floor after crash

There is an uncanny resemblance to the stock market today and in 1973, where the market proceeded to drop around 50% over the next 18 months. In the chart below we can see that both the Dow and the S&P 500 could be tracing out an A-B-C-D-E correction in the shape of an expanding triangle….