Home > General, Markets > Trophy Wife signals likely stock price rise

Trophy Wife signals likely stock price rise

February 16, 2009

burberry-plaidJim Cramer may have his “Trading Goddess.” But Rocky Humbert has his Trophy Wife. And when Trophy Wife speaks, Rocky Humbert always listens.

Trophy Wife (not to be confused with Entrophy Wife) is a Mistress of the Universe in her own right. She is also an astute observer of consumer behavior, fashion, and whether Rocky’s dirty socks inadvertently remain under their bed. Trophy Wife vehemently states that she cannot predict the stock market. Rocky believes otherwise.

Trophy Wife went shopping at a large Premium Outlet Mall on Sunday, and observed unusually high traffic and sales. In particular, Trophy Wife noted shoppers aggressively buying at Oscar de la Renta, Burberry, Coach, Gucci, Todds and Tory Burch. Trophy Wife said that even Starbucks was booming.

“I saw so many Gucci shopping bags that I thought they must be giving them away,” Trophy Wife reported.

Rocky carefully tracks Trophy Wife’s observations. In past reports of such high activity levels (this rates a “10,”) there has been nearly a 70% probability of higher US stock prices over the subsequent week.

Many factors contribute to stock price movements, but given the current, bearish macro-economic climate, Trophy Wife’s report is especially interesting.

[Disclosure: Rocky does not give investment advice, but he intends to nibble during stock market weakness on Tuesday, based entirely on Trophy Wife’s track record. Rating: Rocky III ]

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  1. Sam
    February 17, 2009 at 2:54 pm

    I have noticed this when my trophey wife drags me out. Some times I think maybe things aren’t as bad as everyone says. It seems like a lot of people are still doing ok despite all the bad news, but what do I know?

    Geuss you got to nibble quite a bit with the action today.

  2. February 17, 2009 at 3:58 pm

    Sam:
    Only 788 more points between here and S&P500=0.00 … hence the risk of the trade is well defined.

  3. Me
    February 17, 2009 at 4:12 pm

    ME is not too smart as far as market timing. Instead, ME relies on his mechanical systems as a money making tool. ME would like to report that his systems have yet to give a buy signal since his last discussion with Rocky about MSFT.

    So for now it looks like Rocky will have plenty of opportunities to nibble. The nibbling should turn more interesting if the markets continue to bleed ahead of the upcoming option expiration.

  4. February 17, 2009 at 4:44 pm

    Rocky thanks ME for his comments. He agrees that stocks have not behaved bullishly over both the past 12 months and 12 hours. However, whether that is predictive of the next 12 months and/or the next 12 hours is open to debate. Rocky has no clue whether the S&P will trade at 680 before it trades at 880. He does say, with mathematical certainty that the next 800 points are up, not down.

    Since Rocky has no crystal ball, (and ME evidently does), Rocky kindly requests that ME provide an update when his system generates a Buy signal, as he has the upmost respect for all readers of his blog. Especially the ones who challenge his viewpoint!

  5. Me
    February 18, 2009 at 10:01 am

    One clarification…ME has no crystal ball and ME did not challenge Rocky’s viewpoint. ME is not smart enough to predict markets, but ME is disciplined enough to take his mechanical buy/sell signals on a daily basis.

    ME was just reporting what he sees…

  6. masteroftheuniverse
    February 18, 2009 at 7:27 pm

    I don’t have a crystal ball, but my Magic 8 Ball is working wonders.

    Jeff

  7. allocator
    February 28, 2009 at 7:50 am

    And I have a soccer ball, courtesy of the Mighty Moms (my wife’s local soccer league and team), that all the guys laugh at when I take to my Monday night soccer games. No predictive value yet…

  8. allocator
    February 28, 2009 at 7:54 am

    I don’t know what’s the matter with you guys. Market timing is easy. After a lot of research, I’ve found that markets are generally open between 9:30AM and 4PM, and during these hours are the best times to buy and sell.

  1. February 21, 2009 at 10:54 am
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