This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.

I'm old enough to remember when stocks would go up for multiple weeks at a time.

They used to call those uptrends where I'm from.

So how about a 3rd straight week of gains for the Dow Jones Industrial Average?

That's something you don't see every day:

Wednesday night we held our October Mid-Month Conference Call, which Premium Members can access and rewatch here.

In this post, we’ll do our best to summarize it by highlighting five of the most important charts and/or themes we covered, along with commentary on each

Let’s get right into it!

From the Desk of Ian Culley @IanCulley

It’s easy to lose sight of how impressive energy has been this year. 

We get it. Sideways action is boring.

But while the rest of the market has been selling off, energy has shown incredible resilience, digesting gains in a continuation pattern since early summer.

After an explosive rally for energy stocks off the 2020 lows, it’s normal to experience an extended period of corrective action. In fact, it’s healthy. 

Now get this...

Many of these stocks haven’t even broken out yet!

We know it sounds crazy, especially when some of these industry groups have more than tripled during the trailing 24 months.

But the charts don’t lie. They’re telling us some of these trends might just be getting started. Let’s take a look.

We can break down oil and gas companies into three main categories: upstream, midstream, and downstream. 

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

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 Airbnb, Uber, and Paypal.

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 which you can check out here.

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.

Here’s this week’s list:

From the Desk of Kimmy Sokoloff

Stick save, as they like to say, "and a beauty," as J.C. would add.

The market held where needed.

From the Desk of Willie Delwiche.

2022 Sovereign Stress > 2008 Corporate Stress

The Chart: 

The long-term Treasury Bond ETF (TLT) is currently in a drawdown of more than 40%. This exceeds the 35% drawdown that high yield bonds (HYG) experienced in 2008 during the financial crisis.

Why It Matters: 

We've adjusted a position in the Paid-to-Play portfolio today:

This is the video recording of our October 21, 2022, All Star Charts Crypto Weekly Strategy Session.

If there's anything that this market has taught me, in almost 20 years of doing this, it's that expecting the unexpected should be a way of life.

I've had a front row seat to watch legendary Wall Street firms disappear practically overnight.

I saw Crude Oil Futures trading below Zero.

Flash Crashes.

Growth stocks going up 100x in price with little or not business activity.

Anything can happen.

Today, we have a Form 4 filing by RA Capital Management for new purchases in 89bio Inc $ETNB.

After its latest purchase worth roughly $8.9 million, RA Capital now owns almost half of the public float.

From the Desk of Kimmy Sokoloff

We saw a bearish reversal yesterday afternoon in the indices.

For today, I'm watching to see if the SPX can hold 3,638, then 3600. We'd need to get back above 3,689, then 3,700, to head back uphill. The $SPY has support at 363, then 360.