Why are you an investor?
Have you asked yourself that recently?
Why do you take time out of your life to enter into the arena that we call markets?
Are you here to make money?
Or would you rather gossip about fed?? [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
Why are you an investor?
Have you asked yourself that recently?
Why do you take time out of your life to enter into the arena that we call markets?
Are you here to make money?
Or would you rather gossip about fed?? [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
I’m old enough to remember when stocks would go up for multiple weeks at a time.
They used to call those uptrends where I’m from.
So how about a 3rd straight week of gains for the Dow Jones Industrial Average?
That’s something you don’t see every day: [Read more…]
by JC
If there’s anything that this market has taught me, in almost 20 years of doing this, it’s that expecting the unexpected should be a way of life.
I’ve had a front row seat to watch legendary Wall Street firms disappear practically overnight.
I saw Crude Oil Futures trading below Zero.
Flash Crashes.
Growth stocks going up 100x in price with little or not business activity.
Anything can happen. [Read more…]
by JC
I interrupt this bear market to bring you stocks that are going up.
While people are crying about their stocks going down, we’re focused on the winners.
You know why? Because winners tend to keep on winning.
And losers? Well, we don’t care so much for you. By definition, few people do.
Here’s a stock making new 6-month highs this week.
You may have heard of it: [Read more…]
by JC
One of the things that continues to really stand out to me is the relentless outperformance in Energy stocks, even in the midst of a major correction in Crude Oil.
You can see it perfectly in this chart. Energy stocks today are making new 52-week highs relative to Crude: [Read more…]
by JC
The bond market is the biggest and baddest market of them all.
All these crypto currencies can go to zero and no one who matters will care.
The entire pot industry can disappear tomorrow and it won’t matter.
Small-cap stocks aren’t relevant, from a systemic perspective.
Do you know what matters? The bond market.
And if there’s real stress out there in financial markets, you are going to see it show up in bonds.
It’s just math.
But a funny thing happened in Q2 this year. High Yield Credit spreads began to tighten.
If there was real stress, you would be seeing them widening.
In this chart below we’re looking at lower lows in the S&P500 but higher lows in the ratio between Junk Bonds and US Treasury Bonds: [Read more…]
by JC
This is the video recording of the October 2022 Mid-month Conference Call.
We discussed: