State of the Markets and the Lindzon 5 click – weekend update

Posted by Howard
on August 12th, 2006

Lot’s of high growth stock breakdowns continue. The big moves have ALL been to the downside of late.

Starbucks, Tiffany’s, Whole Foods Markets, PF Changs and Cheescake Factory – key consumer “tells” have seen their shares break long-term trends in the last few weeks.

The Transportation index and Homebuilders are kaput. Internet stocks are mangled, save Google and business travellers are going to really start thinking twice about fringe trips if we can’t have our toys!

I still say with conviction that deflation is the big fear and Bernacke knows it, smells it and the pumps will be flowing “Gordo” with greenbacks and loose monetary policy again this fall.

My favorite reads this weekend:

The Chairman gives you the skinny on Whole Foods .

Michael Parekh pens a great post on the productivity costs problems for business air travellers .

Michael scores again on my favorite subject “Apple” with a tipping point post . Don’t ignore this coming trend as many winners and losers will be created!

The always informative week in review by Bill Cara .

More short ideas from ahot hand – Trader Tim .

On a closing note, I dug up my old high school basketball videos and put this together for you. Man I could sky.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.