One more potential “breakout” for the contrarian traders out there…   In yesterday’s edition, we noted how beaten-down transportation stocks staged an important multi-month price breakout this week (along with small banks, defense, and homebuilder stocks). We’re attracted to this… Read More

We’re seeing upside breakouts all over the place. That’s the biggest thing to take away from the week’s trading action…   Regular DailyWealth readers are familiar with the concept of a “breakout.” It’s simply a price at which an asset “breaks” into… Read More

As we expected, the euro is taking a swan dive right now…   Regular readers know one of our top trading ideas for 2011 was to short the pan-European currency, the euro. Europe has been heavily involved with socialism for… Read More

Just like pipelines… and just like transportation stocks… French stocks are starting the year with some good “price news.”   Over the past few weeks, we’ve noted the bullish action in pipeline stocks and transportation stocks. Both sectors started 2012… Read More

Today’s piece is the fourth in our year-end series on the dangers of a “super-concentrated” portfolio. It shows how the correlation bogeyman has even grabbed ahold of trees.   Owning productive timberland has traditionally been a great portfolio diversifier. Trees don’t care about a “flash crash” or the Nasdaq, they… Read More

Our chart of the week brings a bit of good “price news” for those bullish on America. It shows the transports are getting stronger… While most folks just pay attention to conventional stock averages like the Dow Industrials,… Read More

While we’ve highlighted the weakness in China’s benchmark stock index… and the weakness in one of its most popular companies (Baidu), we’d be negligent if we didn’t add that China isn’t the only one… Read More

Chinese stocks are so weak, even the mighty “Baidu” is ready to topple over…   Last week, we highlighted the bear market action in China’s benchmark Shanghai… Read More

Our chart of the week shows why many folks will remember 2011 as “the year of another resource stock wipeout.”   Regular DailyWealth readers know the resource sector – the business of exploring for and extracting natural resources, like oil, gold, copper, and uranium – is one of the… Read More

The slow-motion financial train wreck in Europe is finally taking its toll on the euro. The currency just staged a major downside breakout.   Most folks don’t realize it, but the collective economies of Europe represent a larger economic block… Read More