Why Today is Such a Special Day

JC Parets
January 31, 2024

When you wake up knowing that you have a fresh batch of Monthly Candlesticks waiting for you at the end of the day, it's a great feeling.

Enjoy it.

But I believe it also helps to be grateful.

I think you have to be.

Just think about all of the less fortunate investors around the world who don't get to appreciate such a feeling.

In some cases, it's just because they're lazy and don't feel like doing the work. It does take all of 15 minutes.

But in most cases, they don't even know.

They have no idea how much information and perspective their losing out on.

It's a great arbitrage that I'm happy to celebrate with all of you every month.

This is the cheat code!

The ability to take a step back, zoom out, and identify the direction of primary trends is a superpower.

And no one can take that away from you.

Think about it...

The news media's job is to distract you from your goals. It's their job to make you think that what happened today, and what is happening at this moment, is way more important than what's been happening over the past month, quarter and even over the past year.

That's their job.

Most investors are too mentally weak to overcome such forces.

I'll include myself in that list. It's not easy to keep things in perspective at all times.

And that's where the Monthly Candlesticks come into play.

We only get these 12 times per year. It's just one set of data points each month.

This exercise of reviewing all of the Monthly Candlesticks, not only helps us recognize primary trends, it gives us no choice!

This monthly ritual brings us back home.

Have you seen all these guys fighting the trend this entire bull market?

Monthly Candlestick Reviews are not part of their process, clearly.

They choose to avoid this Monthly celebration in favor of such haphazard distractions like earnings, or yield curves or fed speeches.

They fight trends because of things they call M2, and "Labor". They even blame housing for their disrespect of the Monthly Candlesticks.

All they had to do was ignore all that nonsense and celebrate with the rest of us.

Seems simple, I know.

But that's because it is.

We take the most important assets on the planet and zoom out with Monthly Candlesticks. We do this every month. 12 times per year.

That day is today.

We want to look at all the major indexes, both U.S. and around the world. All the major Sectors and Industry Groups. A basket of market bellwethers, at least 1 or 2 for each of the biggest sectors. All the major Commodities and Currencies. And I even like to zoom out on our Intermarket Relationships as well.

Email me and let me know what stood out from your review later today.

Also, I'll be sharing all of my conclusions and observations with Premium Members LIVE this coming Monday night Feb 5th @ 6PM ET.

REGISTER HERE.

Not only will we go through all the major indexes, sectors, commodities and forex, but we'll also generate new trade ideas and follow up on past and current positions.

This will all come from the perspective of the major underlying trends.

Monthly Candlesticks give us no choice.

We love that about them.

Enjoy this beautiful celebration with those you love.

Or, if you're like me, enjoy the moment as soon as those you love have gone to sleep. You see, those I love most are twin 1-year olds and a 3-year old.

So as soon as the kids and my wife go to bed, I hit those monthly charts. I may even pour myself a glass of wine.

Maybe 2 if I want to be naughty.

Cheers!

JC

 

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