Every month we get a fresh batch of Monthly Candlesticks. It only happens 12 times a year.
I promise you guys from the bottom of my heart that there is no other part of my entire process that provides as much value and information as my monthly chart review. Premium Members can access the Chartbook here.
In the meantime, my friend Josh Brown and I have been doing these short monthly videos since last summer.
On this latest episode we talk about how the market is behaving like it normally does in Year 2 of Bull Market cycles. Choppy, messy, and with a much different profile than the prior year. And, not only is that normal, but anything else would be historically abnormal.
Defensive areas like Consumer Staples, Gold, Bonds and Japanese Yen have been shining. We didn't see that in Year 1. It was the exact opposite.
We like shorting the Nasdaq here and being very picky when looking for Value stocks to buy.
This is always a fun chat.
Hope you enjoy it!