Pictured below are some graphs of The Bubble Index ran on JCPenny’s stock, ticker JCP. As can be seen from the high levels of the index it appears that JCPenny’s stock price has been the result of massive bubble formation. However, looking at the stock price for the past few years, it seems to be the opposite of a bubble — herding behavior on the sell side.
The Bubble Index: Bitcoin – November 16, 2013
In this post I will respond to a request to publish an analysis on the Bitcoin/USD index (Mt. Gox). Based on these graphs, there is quantitative evidence to suggest that the recent increase in the Bitcoin/USD has been the start of a bubble. While The Bubble Index: Bitcoin has not reached its highest levels seen earlier this year, investors in the currency should be cautious.
The Bubble Index: Euro/Dollars – August 23, 2013
No sign of a bubble in the Euro.