Expert technical analysis of financial markets by JC Parets
From the desk of Steve Strazza @Sstrazza
For the week ended Friday, July 10, 2020:
Every week we publish performance tables for a variety of different asset classes and categories along with commentary on each.
This week we’re going to highlight our US Index and Sector ETF tables, and focus on the laggards as they are giving us the most important information for the current market environment. Let’s dive into it.
by JC
I’m really enjoying these virtual Happy Hours I’ve been doing with my friends. You guys seem to enjoy them so I’m happy to keep recording these chats. I’m having the conversations anyway right?
Stay tuned, I have some fun videos coming up with Bart in San Diego and another one with Joe Fahmy & Brian Shannon.
You can catch up on Happy Hours w/ Traders here.
Today I want to share a video of a few beverages I had with my old pal Scott Redler. He’s a full time trader and Chief Strategist at T3Live. I encourage you to go back and listen to a podcast episode him and I did together in January 2018.
In this video we talk a little bit about wine, compare blind tasting to technical analysis, and Scott tells a few recent war stories from the trenches. Here’s our chat in full:
[Read more…]
The fine gentlemen at All Star Charts have released with latest Quarterly Playbook with themes to be aware of for the next three months, as well as trade ideas within sectors and individual stocks that are setting up. Head over here for a deep dive and great read.
One idea that stood out to me is an e-commerce company focused on pet supplies and medications. No…. not pets.com. LOL [Read more…]
by JC
Did you think it would be a historic stock market crash and a devastating global pandemic that would finally spark the rotation into emerging market stocks?
Yea me neither.
But here we are. 6 weeks of outperformance by Emerging Markets. Is this just another blip in the long-term downtrend for EM, particularly relative to US Equities?
We discussed this all in our NEW Q3 Playbook that was just published over the weekend.
Here’s some perspective on the whole thing: [Read more…]
by JC
This is our ASC Research Q3 Playbook.
The first section dives deep into the US Stock Market, and the second half covers International Stock Markets and FICC (Fixed Income, Commodities & Currencies).
You can skip right to the trade ideas here if you’d like, or give the full report a read!
[Read more…]
From the desk of Steve Strazza @Sstrazza
Responses to this week’s Mystery Chart were mixed. Some were betting on a breakout and buying while others wanted to fade this against the prior highs.
Others were waiting for more information, which is likely what we’d be doing. Thanks to everyone for participating.
But this chart is already packed with information. Let’s dive in and talk about what it is.
by JC
Over the past month I’ve shared a few happy hour videos with some of my friends. You can find the video with Kimmy & Fahmy here, and my happy hour with Russo & Thrasher here.
Today I sit down with Venture Capitalist and active trader Howard Lindzon. We talked about his favorite stocks, what he’s buying now and why. He’s very open to discuss what’s in his portfolio and is never shy about telling you what he thinks! We discuss $MELI $SFIX $SQ $BABA and $PAGS.
Conversations with Howard are always fun and I learn something every time. I hope you enjoy! [Read more…]
Quick update on our NKLA trade that we entered on Wednesday. [Read more…]
