Last night was my favorite thing that we do around here.
We had our LIVE Monthly Charts Strategy Session for Premium Members of ASC.
This hour-long, 150-chart Monthly ritual allows us to take a step back, zoom out, and identify the most important primary trends across markets.
There is nothing we do here that adds as much value to my process than preparing for this call.
Premium Members can watch the replay here and download all the slides.
If you’re not a Premium Member yet, you can fix that here quickly.
The bottom line is this:
Markets are a mess. They’ve been a mess. And this year is very different than last year.
Look at the Equally-weighted S&P500 and Nasdaq100.
While these are certainly good overall gauges for the health of the US Stock market, always, in this particular environment they are even more representative of what’s going on out there.
These indexes look an awful lot like many other stocks and indexes across the market. [Read more…]