This is the video recording of our September 17, 2021, All Star Charts Crypto Weekly Strategy Session.
[Options Premium] AI Support for Semis
Another 20 year base breakout? This is the second one we’re putting a trade on in this week! Maybe the market is trying to tell us something?
I have to be honest, when I first pulled this ticker up, I thought it was a Men’s suits maker. But when I learned it’s involved in the intersection of Artificial Intelligence and Semiconductors, the sex-factor went up for me.
Let’s get right to it… [Read more…]
RPP Report: Review. Preview. Profit. (09-16-2021)
From the desk of Steve Strazza @sstrazza
Welcome to our latest RPP Report, where we publish return tables for various asset classes and categories, along with commentary on each.
Looking at the past helps put the future into context. In this post, we review the absolute and relative trends at play and preview some of the things we’re watching to profit in the weeks and months ahead.
We consider this our weekly state of the union address, as we break down and reiterate both our tactical and structural outlook on various asset classes and discuss the most important themes and developments currently playing out in markets all around the world.
In our RPP Report from the end of August, we discussed how the weakest areas were registering failed breakdowns and digging in at support.
In our most recent report, we focused on how the strongest areas were making fresh record highs. Things were looking up for the bulls… but that changed once again.
We’ve talked about how it’s been a back and forth battle with neither buyers nor sellers making any material progress for months now. And that’s exactly what we’re continuing to see, as bears have regained control again, pushing the major indexes lower for five straight sessions coming into this week.
For this reason, we thought a mid-week edition of the RPP would be appropriate to give us time to see what kind of follow-through would occur following the recent selloff.
In this week’s report, we’re going to talk about this near-term weakness but also some positive developments, like the healthy expansion in participation for ex-US equities in recent weeks and months.
I’m working with a broken hand these days, so we’re also going to try and let the charts do most of the talking. Don’t worry, there are plenty out there that have something to say. Let’s look at some now.
[Options] Going After a 20-Bagger
This is not something we do often — usually because these types of opportunities don’t present themselves frequently. But we’ve identified an under-appreciated potential for a 20x gain on our invested capital if the markets cooperate.
Its the perfect storm of a megacap stock emerging from an long base, options flow showing people are starting to position for “something” and an ASC price target that doesn’t appear to be priced in by the crowd.
Of course, part of the reason for the elevated options activity is due to an “Investor Day” event happening today, but the action still has been raising some attention. [Read more…]
[PLUS] Weekly Market Notes & Breadth Trends
- If shopping in the Energy (or Consumer Discretionary) sectors, look in the mid-cap aisles. The Energy sector is near the bottom of the large-cap sector rankings, but at the top of the mid-cap rankings.
- Improving relative strength trends for large-cap Food & Staples Retailing and Utilities bear watching as index-level volatility picks up.
[Options Premium] Looking For Some Premium to Sell
As is often the case, the Labor Day Weekend has come and gone and some volatility has been reintroduced to the marketplace. And I say: “Welcome back!” with outstreched arms. Volatility = opportunity. Let’s get after it.
With the rising volatility, we’re seeing premiums start to pump up in options land. When this is the case, I always start hunting for some delta-neutral credit spread opportunities.
Today’s hunt has yielded an excellent candidate with clearly defined levels for us to lean against. [Read more…]
[Options Premium] Exchange Value
The big indexes offered us a little pullback this week which has been helping us identify the true standouts — the stocks that are holding up best in a down tape. We’re all about relative strength at All Star Charts as it is one of the most reliable indicators for us. And true leaders really identify themselves when they are swimming against the current while markets are sliding.
So on days and weeks like this, we’re paying very close attention to the strongest sectors and keying in on the strongest stocks to see how they react.
Today, one those names is in the Capital Markets space where we’re seen tremendous strength this year.
[Options] Getting Long a Leading Stock in a Leading Sector
…That’s how we’re supposed to do it, right?
JC & Strazza were riffing this morning on the strength in the Medical Equipment space and so we started brainstorming on some names to play since we expect the strength to continue.
There were a few names bandied about, but the chart and setup that most caught my attention was Boston Scientific Corp $BSX.
What I liked most was the recent consolidation which can act as a solid base of support for a move higher — which would be all-time highs breaking out of a nearly 20 year base! As JC likes to say: “The bigger the base, the higher in space!” Seems this opportunity has a good shot at that: [Read more…]
- « Previous Page
- 1
- …
- 44
- 45
- 46
- 47
- 48
- …
- 339
- Next Page »