This is the video recording of the May 2020 Conference Call.
The Week In Review (05-15-2020)
From the desk of Steve Strazza @Sstrazza
For the week ended Friday, May 15, 2020:
Every weekend we publish performance tables for a variety of different asset classes and categories along with commentary on each.
This week’s main theme is that the strong continue to get stronger and vice versa, which we’ll highlight in our Industry and Sector ETF tables, below.
The Helsinki Indicator
Is the Helsinki 25 Index not on your radar? Well it probably should be. It’s hard to find a better gauge of risk appetite and risk aversion anywhere out there in the world.
Take a look at a chart of this rarely discussed index over the past half decade. Finland is where we want to be looking. In this case we’re comparing it to the Allstarcharts Global Top 10 Index where we are equally-weighting the 10 largest markets around the world. See any similarities? [Read more…]
[Options] Bonds Ready to Move?
In March, the up move and subsequent retracement in Bonds was breathtaking and had the world’s attention.
In April, Bonds spent most of the month “normalizing,” at a newer, higher level.
Here in May, we’re starting to see signs that another move to the upside is materializing. Here’s a quote from JC in a recent email to All Star Chart subscribers:
If you’re looking for an uptrend, it’s in the bond market, NOT the stock market.
…the technical setup in Treasuries looks much better than it does for Stocks right now, over both long and short-term timeframes. TLT is trading just a few percent off all-time highs as price just broke above a confluence of resistance.
And here’s the chart of relative strength between $TLT and $SPY that adds further evidence of a resumption of trend for TLT: [Read more…]
An Inflection Point For Both Stocks And Bonds
From the desk of Steve Strazza @Sstrazza
This week’s Mystery Chart was a simple yet pivotal one… it was a ratio chart of Stocks vs Treasury Bonds.
With stocks struggling at resistance this week and Treasuries meandering beneath all-time highs, both appear to be at key inflection points.
Making things even more interesting is that the S&P 500 (SPY) relative to 20+ Year Treasury Bonds (TLT) ratio is also at a key level of interest. It is make-or-break time for these two asset classes so let’s dive in and see what’s going on.
[Table Of The Week] Global Breadth Remains A Headwind For Stocks
From the desk of Steve Strazza @Sstrazza
Breadth divergences from earlier this year took a while to confirm, but once they did we saw considerable downside.
My Chart Summit Presentation was on how I use statistics and scans to visualize market internals for insight on breadth and relative strength. I used tables from our Weekly Momentum Reports in January and February to illustrate the clear deterioration in participation taking place at the time despite the major indexes grinding to new highs.
In this post, we’ll do a similar exercise and use stats to analyze whether breadth has been improving or deteriorating in Global Equity Markets over the past month.
Money Game Podcast: Go About Your Business (EP.15)
In this episode of the Money Game, Phil and I talk about how Technical Analysts have an advantage in the current global environment. The fact that we’re accustomed to focus on price behavior, and therefore tune out all the noise, we already have those good habits in place for a world filled with more noise than ever. I see people daily poisoning themselves with massive doses of news consumption, particularly horrible things happening all over the world. This conversation brings up some great points about taking care of your business, your family, your health and making sure that the things you can control are in order. If you don’t have your own house in order, you can’t help others. So if you really want to do right by the world, take care of yourself first, and then you will have the ability to help those in need.
This was a really cool comparison Phil is making about the advantages technicians have in the current world.
Here is the podcast episode in full:
[Read more…]
[Premium] Details For May 2020 Conference Call
These are the registration details for the monthly conference call for Premium Members of All Star Charts.
This month’s Conference Call will be held on Monday May 18th at 7PM ET. As always, if you cannot make the call live, the video and slides will be archived and published here along with all of the other calls since 2015.
Here are the details for Monday: [Read more…]
- « Previous Page
- 1
- …
- 566
- 567
- 568
- 569
- 570
- …
- 953
- Next Page »