Skip to main content

Displaying 3733 - 3744 of 11733

What Overhead Supply Looks Like

December 10, 2022

99% of all arguments about the market would end immediately if both parties just acknowledged that they have different time horizons.

You see it on twitter all the time - a short term swing trader fighting with a long term investor about the same stock.

You could both be right you know?

You could also both be wrong lol

But that's what this is all about, identifying your timeframe.

Take the Dow Jones Industrial Average, for instance. There's a reason why 34,500 was our upside target.

This is exactly where we were selling stocks in May of last year. These are key extension levels and a major pivot in market breadth.

And the market continues to recognize these prices as resistance:

All Star Charts Premium

Impending Weakness or Healthy Rotation?

December 9, 2022

From the Desk of Ian Culley @IanCulley

Not only are commodities losing their leaders, but the leaders are losing their former 2018 highs.

Heating oil futures just posted their lowest level since February. Meanwhile, gasoline and crude have printed fresh year-to-date lows, taking out their prior cycle highs.

Now what? 

Should we expect broad selling pressure to hit the commodity space?

Not so fast…

If you believe impending weakness awaits commodities in the coming weeks and months, this chart is for you: our energy index overlaid with our broad commodity index (both equal-weight):

All Star Charts Premium

International Hall of Famers (12-09-2022)

December 9, 2022

From the desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.

We’ve also sprinkled in some of the largest ADRs from countries that did not make the market cap cut. 

These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.

It’s got all the big names and more--but only those that are based outside the US. You can find all the largest US stocks on our original Hall of Famers list.

The beauty of these scans is really in their simplicity.

We take the largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.

Based on the market environment, we can also flip the scan on its head and filter for weakness.

Let’s dive in and take a look at some of the most important stocks from around the world.

Here’s this week’s list:

All Star Options

[Options Premium] Shorting The Brothers

December 9, 2022

The Brothers Warner can't seem to get out of their own way. At least, that's what the price of Warner Brothers Discovery stock $WBD is telling us.

Look at this dog:

And recently, we've seen some aggressive put buyers step into the fray, as was discussed in a recent Follow the Flow Report. Here's what Strazza had to say about it: