Revisiting this "pawn star" - long at 190.88FirstCash Holdings, Inc.BATS:FCFSredwingcoachWhen economic conditions are eroding (and despite 'Golden Age' claims, they are), it's time to find stocks that SHOULD thrive anyway. Yesterday, I used MU, with its ungodly earnings momentum as a long idea. Today, it's FCFS - a pawn shop operator. For more info, see my previous idea on this stock from back in November (the FAR left edge of this chart). You can see that since then, the escalator has continued upward for the most part and devoutly respected the regression channel it's in. Over that time, I have gotten 12 signals on this ticker, creating 16 long trades. All have been winners. They've collectively produced a return of +32.71% (non-compounded) in 45 total lot days invested over that span. That's a daily return per unit of invested capital of .73%, which is an annualized rate of return of just over +180%. Anyone want to reject that right now? I don't. FCFS isn't immune to drops, but in the early stages of recessions (which I personally believe we are already in), they do very well as people try by whatever means necessary to make ends meet. In this market environment, I want to buy short term weakness amidst long term strength and this one has that. Long at the closing price today of 190.88. Per usual with these types of trades, I will tactically add and subtract as indicated. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.