That Apple to Natural Gas Ratio's Getting Awfully Stretched

You know my friend JC (All Star Charts)  is a wicked technician, but you might not have known that he’s also hilarious.

Today he told me that the all-important Apple-to-Nat-Gas Ratio was getting a bit toppy, here’s the chart he did:

And here’s the 20-year:

Nicely done.  Contrarians, go for it!

Tags: $AAPL $UNG

 

 

Tags: ,

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.