I’m not sure what everyone is so angry about, but I like it.
The pessimism out there is off the charts.
Investors are scared.
Risk aversion is dominating. Risk appetite is non-existent. [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
I’m not sure what everyone is so angry about, but I like it.
The pessimism out there is off the charts.
Investors are scared.
Risk aversion is dominating. Risk appetite is non-existent. [Read more…]
by JC
This is the best time to buy stocks during the entire 4-year Presidential Cycle.
And guess what investors are doing?
They’ve been buying stocks… [Read more…]
by JC
I continue to wonder what people are so angry about.
More and more stocks keep going up.
Fewer and fewer are going down.
More sectors are participating.
More countries are acting strong.
What’s the problem? [Read more…]
by JC
These are the registration details for our Live Monthly Candlestick Strategy Session for Premium Members of All Star Charts.
This month’s Video Conference Call will be held on Monday December 5th @ 6PM ET. As always, if you cannot make the call live, the video and slides will be archived and published here along with every other live call since 2015.
Here are the details for Monday evening: [Read more…]
by JC
Are you noticing?
More stocks are working to the upside.
More of our upside objectives are getting achieved.
Many of our shorts never even get triggered.
A lot of breakouts are holding.
What type of market environment would you describe that as?
Well, we’re seeing the most stocks on the NYSE above their 200 day moving average since March.
The Dow Jones Industrial Average just went out at new 6-month highs.
So did the S&P Financials Index.
None of these strike me as characteristics of downtrends. [Read more…]
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 JC
Bull Markets are a way to describe the environment.
Individual stocks do not enter “bull markets”. That’s not a thing.
In a bull market, more stocks are going up than going down. In bear markets you see the exact opposite. [Read more…]
by JC
This doesn’t have to be complicated.
Is the list of stocks and sectors in uptrends getting longer or is it getting shorter?
Are we seeing more stocks breaking down to new lows, or fewer?
If you can count, then you know the answer.
The question is, are you even willing to count? [Read more…]