Three Stocks Coming Up Short

Stocks are decoupling, and this troika of equities appears to be headed lower Of the many changes that shook the stock market in 2022, perhaps the biggest was that it was allowed to become a market again. It happened when the Federal Reserve stepped away from “accommodation”—the policy of keeping interest rates low to spur … Continued

What Lies Ahead for Stocks

This column’s predictions for stock prices in 2022 have proven painfully correct. Now, the Technician is watching crypto for signals on how equities will perform in 2023. The S&P 500 index reached its highest point in history on Jan. 4, 2022, the same day Luckbox published an article called Dark Days Ahead. The story concluded … Continued

Markets and Midterm Elections

Stock prices used to surge after off-year voting, but the Fed’s adjustments to the economy may have changed that A lot of investors are convinced that a four-year U.S. presidential cycle governs some of the ups and downs of stock and options prices. They say it happens because presidents institute market-friendly policies in the third … Continued

The Bitcoin Standard

Luckbox’s Technician columnist reviews a crypto classic that explores bitcoin’s libertarian underpinnings My story begins in the summer of 1993. We were renting an office for my 1-year-old company, and one of the guys called me over to his desk to show me something. He fired up something on his screen called a “browser,” which … Continued

Technical Analysis Makes the Grade

Are you inclined to question the merits of technical stock analysis? Then consider this history lesson. Early in 2021, Luckbox examined the charts of public companies in the education sector in an article called Seven Smart Stocks. Let’s look at how those stocks have fared  in the intervening 18 months and see what lessons investors … Continued

Cramer’s Comeuppance

A famous stock picker got almost everything wrong with a set of predictions Nearly two years ago, stock prognosticator Jim Cramer created a seminal video called The Magnificent Seven to showcase stocks he considered the superstarsof the COVID-19 pandemic. All had achieved cult status despite weak earnings. “What if earnings just don’t matter anymore?” Cramer … Continued

Sunshine Securities

Only 0.014% of the solar energy reaching Earth is converted into usable power. That leaves plenty of room for improvement, and companies are rushing to meet the challenge. Let’s examine the securities of five of those firms from a charting perspective. Ranking charts requires subjective judgment, but we’re presenting them in what we consider descending … Continued

3D Printing: A Hype Cycle Case Study

The public’s interest in 3D printers has waned because the devices failed to live up to the hype. What can that teach us about trading technology trends?  Whatever happened to 3D printing?  It was supposed to be in every home in America by now, busily cranking out all the tools, human organs and automobiles anyone … Continued

Boom or Bust—What’s Next for Retailing?

Over the years, some retailing-sector equities have posted staggering gains Circumstances—like inflation or the fickle tastes of consumers—can whip valuations of retailers up or down by thousands of percentage points over the long haul. The wildest high-stakes sectors, such as biotechnology, can move more dramatically than retailing, but staid industries, such as equipment manufacturing or … Continued

Dark Days Ahead?

Technical analysis of stock prices indicates the markets’ “everything bubble” may burst in 2022 Unhelpful pundits often make technical analysis seem terribly complicated. But the basic tenets of good charting focus on supply, demand, support, resistance and trend lines. Using a limited palette of tools, a skilled chartist can glean great insight from long-term charts … Continued