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Despite the best efforts of its executive committee, Michael Kors (KORS) has stepped up into the ranks of the market's best stocks. Michael Kors strikes a great niche: affordable luxury. Kors' clothing and accessories, designed by the man whose name hangs on the door of the company's stores, offer a jet-set sort of style and luxury. Prices are far higher than most of the items offered at Macy's, but not so absurdly high as those on the Paris or New York "catwalk" shows.

The company is based in Hong Kong, but the U.S. and Canada account for 91% of revenue. By segment, 48% of revenue comes from retail, 47% from wholesale and 5% from licensing. Michael Kors' last four quarterly reports showed earnings gains of 96%, 129%, 138% and 79%. Sales growth has also been strong. Its return on equity, a measure of financial efficiency, is a remarkable 53%. So, a great designer builds a great business and strikes the right chord with consumers. What could go wrong? The executive board has executed three secondary public offerings in the past 19 months, and there's perhaps no better way to squelch a rally than by throwing new supply at the market. Michael Kors came public in December 2011 at $20 per share. The stock soared 153% in 13 weeks. That last week of this run, which ended March 9, 2012, coincided with the announcement of a secondary public offering. The company filed to offer 25 million shares. The stock's rally stalled, and a new base (its first) began. That base proved to be a 22-week consolidation. It ran 30% deep and showed lots of sloppy action. Michael Kors broke out in the week ended Aug. 17, 2012. The right side was too sharp, but volume was great. Three weeks after the breakout, MK announced a second secondary offering, this time for 20 million shares. The stock went nowhere fast and fell into another base-building period. This would prove to be a 12-week base running just 20% deep, without the choppy action seen in the first base. Shorter, shallower, neater. This second base, part of a base-on-base structure, was a big improvement over the first. MK broke out Feb. 1, climbed 11%, and then fell into a third base-building effort. On Feb. 19, a third secondary offering was announced, for 25 million shares. Through all these offerings, MK stalled but didn't break down. The last base, a cup with handle, staged its breakout July 31 and shot up 21% before settling back. This base is still part of the base-on-base series, and is a first-stage structure. The stock is now flirting with its 10-week moving average, thus creating a new entry.

Magical Stone Tarot Kit

About Gemstones?/span>


The love of stones is deeply implanted in the human heart.  They are earth’s treasures that last forever. They are beautiful, sought after, and some are quite rare and valuable.  Early sages taught that the proper talisman gemstone could help a person succeed and be protected through their lives.  January had the Garnet, February the Amethyst, and so on. Over the years, these associations have changed to include many more semi-precious (and less expensive) stones, such as the Carnelian and the Agate.  All stones have energies that are particular to them, such as qualities of protection, love, courage, peace, knowledge, and just about anything else you can think of.

About Stone Divination... 


Divination is a process by which we use tools to provide answers to questions.  There are many methods of divination from watching the behaviour and appearance of animals, to dreams and crystal balls, Tarot cards are an extremely popular method of divination, used since antiquity and always mysterious.  Most divinatory systems contain some element of chance.  Chance is the universe’s way of speaking up.  Here, we have created a special kind of tarot deck.  Instead of cards, we use wonderful and powerful crystals and stones to divine the future and the unknown.  Stones are sort of like batteries, which contain and are charged by the Earth’s energies.  Each stone has special properties and meaning.

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