For long time readers of All Star Charts, you guys pretty much know my deal. I put in more work that most people and I include markets in my studies that the majority of investors choose to ignore. In order to take a weight-of-the-evidence approach to the market, I need to, in fact, weigh all of the evidence. Therefore, I have to look at every single stock market in the world on both short-term and long-term time frames.
From Latin America, to Europe, to Asia Pacific, all developed economies and emerging markets are on my list. I include every U.S. Stock Market Index, from large-cap S&P500 and DJIA to Small-cap Russell2000 and everything in between. We look at every U.S. Sector and sub-sector, from Energy, to Financials, to Gold Miners and Technology. Then break it down to the individual stock level. On the commodity side, we review 16 commodity futures contracts from Energy to Metals and Agriculture. Then we turn to currency markets, for both informational purposes and trade ideas. Finally, we review a long list of intermarket relationships to help recognize where money is flowing and also again, for trade ideas. The list from where this process begins can be found here: https://allstarcharts.com/chartbook/ [Read more…]