Category Archives: Chart of the Day

Chart of the Day: Delcath Systems Inc.

Posted on November 17, 2018 by | Leave a comment

According to Yahoo!Finance, “Delcath Systems, Inc., an interventional oncology company, focuses on the treatment of primary and metastatic liver cancers. The company is developing melphalan hydrochloride for Injection for use with the Delcath hepatic delivery system to administer high-dose chemotherapy to the liver.”

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Worth noting is the point when Delcath Systems reached a decline of –99% from the peak by June 2014.  That means that for the last 4 years, the stock has been trading –99% below the peak.

The Study of Failure

"Investing is 'a business of making mistakes--the only difference between the winners and the losers is that the winners make small mistakes while the losers make disasterous mistakes. (Russell, Richard. Dow Theory Letters. February 6, 1991. page 2.)'"

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Posted in Chart of the Day, DCTH, The Study of Failure

Chart of the Day: Parker Drilling

Posted on November 16, 2018 by | Leave a comment

According to Yahoo!Finance, “Parker Drilling Company (PKD) provides contract drilling and drilling-related services, and rental tools and services to the energy industry. It operates through two business lines, Drilling Services and Rental Tools Services.”

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The Study of Failure

"Through many years of continuing mistakes, errors and blows to my ego, I’ve learned the truth of the market adage which states,'The market can do anything.' (Russell, Richard. Dow Theory Letters. September 30, 1977. Page 2.)."

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Posted in Chart of the Day, PKD, The Study of Failure

Chart of the Day: iFresh Inc.

Posted on November 15, 2018 by | Leave a comment

According to Yahoo!Finance, “iFresh Inc. operates a network of grocery supermarket chains in the north-eastern United States. The company's chains provide vegetables, seafood, meat, fruits, snacks, seasonings, and other products.”

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The Study of Failure

"The good things we do in this world take care of themselves; it’s the mistakes that we can potentially learn most from (Russell, Richard. Dow Theory Letters. January 16, 1976. Page 2.)."

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Posted in Chart of the Day, IFMK, The Study of Failure

Chart of the Day: Sanchez Energy

Posted on November 14, 2018 by | Leave a comment

According to Yahoo!Finance, “Sanchez Energy Corporation, an independent exploration and production company, focuses on the acquisition and development of U.S. onshore unconventional oil and natural gas resources.”

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The Study of Failure

"There never was a mistake made in the market that I couldn’t imagine making myself (Russell, Richard. Dow Theory Letters. January 16, 1976. Page 1.)."

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Posted in Chart of the Day, SN, The Study of Failure

Chart of the Day: Avinger Inc.

Posted on November 13, 2018 by | Leave a comment

According to Yahoo!Finance, “Avinger, Inc., a commercial-stage medical device company, designs, manufactures, and sells image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease (PAD) in the United States and Europe. It develops lumivascular platform that integrates optical coherence tomography visualization with interventional catheters to provide real-time intravascular imaging during the treatment portion of PAD procedures.”

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The Study of Failure

"I’ve often stated that I’ve learned more studying other advisors’ mistakes than I’ve learned from watching their successes (Russell, Richard. Dow Theory Letters. January 16, 1976. page 1.)."

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Posted in AVGR, Chart of the Day, The Study of Failure

Chart of the Day: Iconix Brand Group

Posted on November 12, 2018 by | Leave a comment

According to Yahoo!Finance, “Iconix Brand Group, Inc., a brand management company, owns, licenses, and markets a portfolio of consumer brands across the women's, men's, and home industries in the United States and internationally. The company's brand portfolio includes Candie's, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/ Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper, and Artful Dodger brands.”

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The Study of Failure

"Personally, I hate to make mistakes about the market, but I dislike even more the oft-practiced policy of making mistakes and then pretending they never happened (Russell, Richard. Dow Theory Letters. January 16, 1976. page 1.)."

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Posted in Chart of the Day, ICON, The Study of Failure

Chart of the Day: Molycorp Inc.

Posted on November 11, 2018 by | Leave a comment

According to Bloomberg.com, “Molycorp, Inc. produces and sells rare earths and rare metal materials in the United States and internationally.”

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The Study of Failure

“Mistakes are there for us to learn by (Russell, Richard. Dow Theory Letters. January 16, 1976. page 1.).”

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Posted in Chart of the Day, MCP, The Study of Failure

Chart of the Day: Westell Technologies

Posted on November 10, 2018 by | Leave a comment

According to Yahoo!Finance, “Westell Technologies (WSTL), Inc., through its subsidiary, Westell, Inc., designs and distributes telecommunications products to telephone companies in the United States. The company operates through three segments: In-Building Wireless (IBW), Intelligent Site Management and Services (ISMS), and Communications Network Solutions (CNS).”

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The Study of Failure

“The great destroyer of stock market analysts is their own pride of opinion. Pride has ruined more so-called market experts than has any other single character defect. The public, in its innocence, all too frequently mistakes the analyst’s pride for ‘intelligent confidence’ or 'steadfastness.’ So the public’s losses are often linked to the analyst’s defective prophecies (Russell, Richard. Dow Theory Letters. March 28, 1975. page 1.).”

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Posted in Chart of the Day, The Study of Failure, WSTL

Chart of the Day: DryShips Inc.

Posted on November 9, 2018 by | Leave a comment

According to Yahoo!Finance, “DryShips Inc. (DRYS) owns and operates ocean going cargo vessels worldwide. It operates through four segments: Drybulk Carrier, Tanker, Gas Carrier, and Offshore Support. The Drybulk Carrier segment offers drybulk commodities transportation services for the steel, electric utility, construction, and agri-food industries.”

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The Study of Failure

“I have found that I learn a great deal from both my own mistakes and from the mistakes that other men make. I like to learn why and how we make mistakes and hopefully to avoid those mistakes in the future (Russell, Richard. Dow Theory Letters. March 19, 1975. page 1.).”

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Posted in Chart of the Day, DRYS, The Study of Failure

Chart of the Day: Globus Maritime Limited

Posted on November 8, 2018 by | Leave a comment

According to Yahoo!Finance, “Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. The company owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes.”

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The Study of Failure

“If you make three trading mistakes and lose say 15% or 20% on each, you have lost half your capital (Russell, Richard. Dow Theory Letters. November 8, 1974. page 3.).”

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Posted in Chart of the Day, GLBS, The Study of Failure

Chart of the Day: Sequential Brands Group

Posted on November 7, 2018 by | Leave a comment

Yahoo!Finance describes Sequential Brands Group (SQBG) as, “…owns, promotes, markets, and licenses a portfolio of consumer brands in the United States and internationally. It offers products in the apparel, footwear, eyewear, fashion accessories, and home goods categories under the Jessica Simpson, AND1, Avia, GAIAM, Joe's Jeans, Ellen Tracy, Emeril Lagasse, William Rast, Heelys, Revo, Caribbean Joe, DVS, The Franklin Mint, Linens N Things, SPRI, Nevados, and FUL brand names; and food, wine, magazines, books, and other print and digital content categories under the Martha Stewart brand name.”

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The Study of Failure

“…don’t ever forget that when you make a mistake in a bear market you do not have the underlying primary trend to bail you out. When you make a mistake in a primary bull market, however, you are more often than not bailed out by the passage of time (Russell, Richard. Dow Theory Letters. August 8, 1973. page 4.)”

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Posted in Chart of the Day, SQBG, The Study of Failure

Chart of the Day: Vivus Inc.

Posted on November 6, 2018 by | Leave a comment

According to Yahoo!Finance, “VIVUS, Inc. (VVUS), a biopharmaceutical company, develops and commercializes novel therapeutic products to address unmet medical needs in human health in the United States and the European Union. The company offers Qsymia for the treatment of obesity as an adjunct to a reduced-calorie diet and increased physical activity for chronic weight management in adult patients with an initial body mass index of 30 or greater, or obese patients, or 27 or greater, or overweight patients in the presence of at least one weight-related comorbidity, such as hypertension, type 2 diabetes mellitus or high cholesterol; and STENDRA, an oral phosphodiesterase type 5 inhibitor for the treatment of erectile dysfunction.”

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The Study of Failure

“The stock market indicators are seldom wrong, it’s the people who interpret them who make the mistakes (Russell, Richard. Dow Theory Letters. September 8, 1972. page 1.).”

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Posted in Chart of the Day, The Study of Failure, VVUS

Chart of the Day: Inpixon

Posted on November 5, 2018 by | Leave a comment

According to Yahoo!Finance, “Inpixon (INPX), through its subsidiaries, provides big data analytics and location based products and related services for the cyber-security and Internet of things markets worldwide. The company operates in two segments, Indoor Positioning Analytics and Infrastructure.”

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The Study of Failure

“On the first night of that unfortunate play [Henry James's] Guy Domville, produced by George Alexander, it was soon evident from the attitude of the gallery that the play was not going to be a success, but the seal of failure was set on it when Sir George uttered the line, ‘I am the last of the Domvilles,’ Scarcely were the words out of his mouth than a voice came from the gallery, ‘Well at any rate, that’s a comfort to know.’ (Clifton Fadiman and André Bernard, general editors. ALEXANDER, Sir George (1858-1919), British Actor. Bartlett's Book of Anecdotes. Boston :Little, Brown, 2000. Print. page 9.)”

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Posted in Chart of the Day, The Study of Failure

Chart of the Day: Invesco Solar ETF

Posted on November 4, 2018 by | Leave a comment

According to Yahoo!Finance, The Invesco Solar ETF (TAN), “…seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the MAC Global Solar Energy Index. The fund will invest at least 90% of its total assets in common stock, ADRs and GDRs that comprise the index and depositary receipts representing common stocks included in the index.”

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The Study of Failure

“In the stock market, I classify all mistakes in one of two categories.  There are the “intelligent” mistakes, and there are the “stupid” mistakes (Russell, Richard.  Dow Theory Letters. February 6, 1976. page 3.).”

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Posted in Chart of the Day, TAN, The Study of Failure

Chart of the Day: Creative Realities

Posted on November 3, 2018 by | Leave a comment

Yahoo!Finance describes Creative Realities (CREX) as providing, “…digital marketing technology and solutions to retail companies, individual retail brands, enterprises, and other organizations in the United States and Canada. The company's technology and solutions include digital merchandising systems and omni-channel customer engagement systems; interactive digital shopping assistants; advisors and kiosks; and other interactive marketing technologies, such as mobile, social media, point-of-sale transactions, beaconing, and Web-based media that enables its customers to engage with their consumers.”

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Study of Failure

"When a stock starts at $5 and is $130 [+2,500%] nine years later, and it is bringing in heavy volume, you are probably buying into a distribution. When you are buying into a distribution during a primary bear market, you are compounding a financial mistake (Russell, Richard. Dow Theory Letters. January 16, 1970. page 6)."

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Posted in Chart of the Day, CREX, The Study of Failure