From the Desk of Kimmy Sokoloff
It was a big two-day move in the indices. $SPY went from 392 up to 404 — now that’s some power.
I think we can use a rest under the SPY 405 level then potentially push through to 408.
[Read more…]
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
It was a big two-day move in the indices. $SPY went from 392 up to 404 — now that’s some power.
I think we can use a rest under the SPY 405 level then potentially push through to 408.
[Read more…]
by JC
She was always the one.
All along it was the US dollar that was the best indicator.
Old reliable.
So why should we abandon it now?
Look at the US Dollar Index overlaid with the short ETF for the S&P500.
In other words, when the blue line goes up, that means stock market shorts are making money (along with rising dollars). But when the blue line falls, that means the shorts are losing and people who own stocks are the ones making money (with dollars falling): [Read more…]
by Ian Culley
It’s the weekly commodity edition of What the FICC?
The wheat complex looks interesting at current levels, offering trading opportunities in either direction.
Check it out!
by JC
This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.
by Ian Culley
From the Desk of Ian Culley @IanCulley
Last week I covered the soybean complex and corn.
As promised, I’ll cover the wheat complex this week, rounding out our coverage of the grain markets.
Let’s dive in!
From the desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.
We’ve also sprinkled in some of the largest ADRs from countries that did not make the market cap cut.
These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.
It’s got all the big names and more–but only those that are based outside the US. You can find all the largest US stocks on our original Hall of Famers list.
The beauty of these scans is really in their simplicity.
We take the largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.
Based on the market environment, we can also flip the scan on its head and filter for weakness.
Let’s dive in and take a look at some of the most important stocks from around the world.
by David
From the Desk of Kimmy Sokoloff
That was a nice Friday with green on the screen!!
Happy to see the follow through from the bounce yesterday afternoon.
There’s a trade perking up from the most recent Hall of Famers report that is ready for us to get involved. We’re going to do it via a debit option spread with defined risk and a chart level that keeps risk manageable.