It’s day three of the ASC Research Team covering for me while I’m away.
You've already heard from Sam and Louis. Today, you’re meeting one of our newest team members with a great trade idea for you…
Show him some love.
JC
Can't Miss This Trade
Hi, I’m Jason, one of the newest traders to join the All Star Charts team, and I’m pumped to be here.
Who in their right mind hires a guy who used to get paid to do backflips for a living?
Oh, right… JC would. Because, let’s face it, everyone needs a gunslinging CTA (Futures Trader) in their life.
My story? Not exactly what you’d call “traditional.” I started as a professional athlete and my great great uncle taught me more about trading and economics than he probably realized.
But life doesn’t always play fair. I took some hits, like rupturing my spleen, battling a bone infection, and going through not one, not two, but FIVE knee surgeries.
Our series of guest posts written by members of the All Star Charts research team continues...
Today's note is from our Senior Crypto Analyst. If you're not following what's been going on in crypto, you're missing out...
-JC
The Goalposts Are in Another Dimension
Kia ora!
I'm Louis Sykes, the Senior Crypto Analyst here at All Star Charts.
When JC casually dropped that he was escaping to Disney World for an entire week, I thought he was pulling my leg.
An entire week?
At Disney World?
As a humble Kiwi where our idea of a theme park is basically a few rides and a half-day commitment, this sounded like some parallel universe of leisure.
President-elect Donald Trump rang the bell at the New York Stock Exchange this week, and it was reminiscent of the times when Ronald Reagan and George W. Bush went to the NYSE years ago.
The infamous Reagan quote, "We're going to turn the bull loose," immediately came to mind.
Considering that, it seems appropriate to talk about bulls today because of their positive correlation to economic growth.
Live cattle futures and bond yields have danced together for decades:
You guys in the chat room have been on fire lately!
I love the camaraderie that has been built among you guys and gals. The ideas, the mutual support, the multiple sets of eyes when a position needs our attention. So great.
You're all ONE! OF! US!
With this in mind, today's trade is in a name that has been discussed a few times of late in the chat. I've been waiting for a tradable support level to reveal itself, and we may be getting it right now, so let's get to it....
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.
We'll be streaming LIVE today on Stock Market TV with The Best Morning Show in Finance. This is where we talk about which stocks are moving, the major themes in the market, and what we're doing about it.
Today's guest is our in-house Quantitative Strategist Grant Hawkridge.
Grant joins us from the other side of the world in Australia. So let's all give him a warm U.S. welcome!