Expert technical analysis of financial markets by JC Parets
Finally the event is here!
This is week is Chart Summit 2019 in Breckenridge Colorado!
We’re skiing during the day and charting at night! We have skiers and snowboarders coming from all over the world to this unique event. We’ve even organized snow mobile tours for those who choose not to ride with us on the slopes. Everyone is welcome!
The full schedule has been released. Check it out!
Learn more about the event here. [Read more…]
We’re back with another episode of The Money Game with Phil Pearlman. Today’s conversation is about the internet troll. Phil gives us insight into the science of what is taking place when a person actually has the time, and interest, to go out of their way to consume someone’s content, take the time to think about it and then go even further to publish angry and hurtful words about it. There are psychological issues there that we discuss from both the perspective of the troll and the content producer who gets harassed. This is a good topic and just one of many that we’ll try and cover here on The Money Game. [Read more…]
Another name in the cybersecurity space we’ve had our eye on the past couple weeks has offered us the pullback we were looking for to get involved. And there is an earnings event on the horizon that can act as a positive catalyst to drive our gains. [Read more…]
From the desk of Tom Bruni @BruniCharting
Tuesday we posted a mystery chart and asked you all to let us know what you would do. Buy, sell, or do nothing?
As we expected there weren’t any bearish responses, instead most of you were buyers at current levels or on a pullback. We think the evidence is clearly pointing in that direction too, which is why we put the question out there in the first place. What, if anything could we be missing?
Now that we’re all on the same side of the boat, let’s get into the chart and why we feel it’s relevant.
From the desk of Tom Bruni @BruniCharting
This week’s Mystery Chart Reveal was focused on Japan’s breakdown to new lows versus the S&P 500. This one chart is part of a much larger theme, so in this post we’re going to discuss the best reward/risk pair trades present in this space.
Jon Bloom is the Head of Institutional Sales for us here at All Star Charts. He brings over 20 years of experience as a sell side trader. We’re thrilled to have him as part of the team and I invited him on the podcast to share his thoughts on the way the business has changed since the 80s and 90s. The old model is broken and dying a slow and depressing death. We’re fortunate to be positioned to take advantage of these changes and I think we’ve done a good job of filling that void. Buy side clients are simply not getting the service they need because of the conflicts of interest on wall street, so they’ve been coming to us for help.
As the Chief Strategist, I’m winning all day because I get to speak with some of the biggest and most powerful Portfolio Managers on earth, every day. I should be paying them!
Jon Bloom does a good job of explaining why that old business is over and why he decided to join us at All Star Charts specifically last year. We’ve had a lot of different perspectives on the podcast, but this is the first time that we are really able to dive into the actual business. I really enjoyed this one so I hope you find as much value from it as I did. [Read more…]
From the desk of Tom Bruni @BruniCharting
The US Dollar Index is approaching its Q4 highs once again, however, the real story lies underneath the surface in three unrepresented currency pairs that are offering a solid reward/risk opportunity at current levels.
From the desk of Tom Bruni @BruniCharting
New Mystery Chart!
For those new to the exercise, we take a chart of interest and eliminate the x and y-axes and and all labels eliminated to minimize bias. The chart can be any security in any asset class on any timeframe on an absolute or relative basis. It can even be inverted or a custom index.
The point here is to not guess what it is, but instead to think about what you would do right now. Buy, Sell, or Do Nothing?
