The market continued to rally all day. It was nice to see.
Now, hopefully we do get follow through.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
The market continued to rally all day. It was nice to see.
Now, hopefully we do get follow through.
by JC
I thought last night’s call went well.
Sorry it went a little long and had 200 charts.
I get carried away sometimes 😉
But I tried to hit on the most important points.
ASC Premium Members can watch the replay here and download the slides.
And speaking of important points, isn’t this the exact point in time to be buying stocks?
From a seasonal perspective, the time is now: [Read more…]
by JC
From a seasonality standpoint, this is where you buy stocks.
Sentiment is near wash out levels. Who was left to sell?
Today on BNN Bloomberg I was asked about why we were buying stocks.
I think it adds some value to talk about the risk management procedures as well. And also which stocks we want to be buying.
Here’s the full clip:
by David
From the Desk of Kimmy Sokoloff
What a big bounce this morning. Unfortunately, I didn’t hold the $SPY overnight, which was a bad miss.
I’ve been looking for this 373 zone since last week, and we might just get there today. The exact level is 373.44.
by JC
This is the video recording of our October 3rd Monthly Charts Live Strategy Session
From the desk of Steve Strazza @Sstrazza.
Welcome back to Under the Hood, where we’re covering all the action for the week ended September 30, 2022. This report is published bi-weekly and rotated with The Minor Leaguers.
What we do here is analyze the most popular stocks during the week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.
We use a variety of sources to generate the list of most popular names.
There are so many new data sources available that all we need to do is organize and curate them in a way that shows us exactly what we want: a list of stocks that are seeing an unusual increase in investor interest.
Watch this video for a behind-the-scenes look at our process.
Whether we’re measuring increasing interest based on large institutional purchases, unusual options activity, or simply our proprietary lists of trending tickers, there’s a lot of overlap.
From the Desk of Steve Strazza @sstrazza and Alfonso Depablos @Alfcharts
This is one of our favorite bottom-up scans: Follow the Flow.
In this note, we simply create a universe of stocks that experienced the most unusual options activity — either bullish or bearish, but not both.
We utilize options experts, both internally and through our partnership with The TradeXchange. Then, we dig through the level 2 details and do all the work upfront for our clients.
Our goal is to isolate only those options market splashes that represent levered and high-conviction, directional bets.
We also weed out hedging activity and ensure there are no offsetting trades that either neutralize or cap the risk on these unusual options trades.
What remains is a list of stocks that large financial institutions are putting big money behind.
And they’re doing so for one reason only: because they think the stock is about to move in their direction and make them a pretty penny.
Then we flip through our list of stocks flashing unusual activity and pick the best setups using many of the same technical filters we do for our other scans.
And, just like that, we’ll follow the money flow and fatten our own pockets along with some of the world’s most powerful financial institutions.
by David
From the Desk of Kimmy Sokoloff
Today was the first “up” day since last Wednesday.
The question is whether we’ll follow through or not. I wish I had a crystal ball, but I do not.