From the Desk of Kimmy Sokoloff
Futures are up this morning, go figure!
It’s like Groundhog Day.
We have another busy earnings week ahead.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
Futures are up this morning, go figure!
It’s like Groundhog Day.
We have another busy earnings week ahead.
Today’s trade is inspired by the latest Follow the Flow report. And it’s offering up a better than 4-to-1 reward to risk if we nail it.
We’re getting long Bausch Health.
Here’s the Play: [Read more…]
by JC
I still don’t think the second half of 2023 is going to look like the first half.
A lot of things could be different.
Let’s remember, in the back half of 2022 almost every stock and sector was already going up, EXCEPT for Mega-cap growth.
And then in early January, they got the rotation they were looking for, and it became Tech and Growth as the leaders of this Bull Market.
Now that we’re in Month #14 of this Bull Market regime, and we’ve seen several cycles of rotation already, I think it’s time for another one.
First of all, take a look at the Nasdaq100 $QQQ currently running into former resistance from late 2021, that preceded the failed breakout and ensuing collapse: [Read more…]
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
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 Wednesday August 2nd @ 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 Wednesday evening: [Read more…]
From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Our Hall of Famers list is composed of the 150 largest US-based stocks.
These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.
It has all the big names and more.
It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that. Click here to check it out.
The Hall of Famers is simple.
We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.
Let’s dive right in and check out what these big boys are up to.
by Ian Culley
From the Desk of Ian Culley @IanCulley
I started at the top last week, laying out my bullish energy thesis with five charts.
Energy commodities are reclaiming critical levels. They’re outperforming their alternatives. And buyers continue to support a healthy demand for crude oil distillates.
What’s not to like?
Today, I’m drilling down to individual stocks, highlighting five trade setups I didn’t cover in last Wednesday’s What the FICC episode…
And these stocks look ready to rip!
by David
From the Desk of Kimmy Sokoloff
It was a nice Friday overall.
It’s like yesterday never happened.