Skip to main content

Displaying 457 - 468 of 12283

All Star Charts Premium

It's Risk-On. Here's why...

December 1, 2024

[Action Needed]

Click here to get 40% off an annual membership to ASC Premium Research.

That's 40% off our twice-monthly conference calls, exclusive market scans & trade ideas, and RANGEFINDER APP to track all our trades in real-time.

Enter the offer code "blackfriday"

...

All Star Charts Premium

Saturday Morning Chartoons: So Many New Highs

November 30, 2024

*NOTE* Register here for the next All Star Charts Conference Call on Tuesday, December 3rd at 8:00 pm ET.

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.

 

All Star Charts Premium

Most Important Charts in America

November 30, 2024

The month of November is officially over.

A lot happened this month. 

And it would be foolish to ignore it. So we're doing the opposite. We're leaning in and pressing our bets.

Look at the Small-cap Indexes both making new all-time highs. The S&P600 Small-cap Index and Russell2000 Small-cap Index are completing multi-year bases and just beginning their next leg higher:

 

Another major base being completed right now is in the Dow Jones Transportation Average. 

We had seen the strength in Logistics stocks, Marine Shippers and even resiliency among Railroads and Truckers. It was really just the Airline stocks that needed to stop falling.

And that's precisely what happened.

Look at the new all-time highs in the Dow Transports:

 

Keep in mind that while we're continuing to see more and more of the most important indexes breaking out to new all-time highs, the usual suspects are also still doing their thing.

Look at the S&P500 and Nasdaq100 both hitting new all-time highs, again.

 

All of this strength in the S&P500 and Nasdaq100 is coming at a time where...

All Star Charts Premium

Reminder: It's a Bull Market

November 30, 2024

[Action Needed]

Click here to get 40% off an annual membership to ASC Premium Research.

That's 40% off our twice-monthly conference calls, exclusive market scans & trade ideas, and RANGEFINDER APP to track all our trades in real-time.

Enter the offer code "blackfriday"

...

All Star Charts Gold Rush,
All Star Charts Premium

(Commodities Weekly) Thankful For Higher Prices

November 29, 2024

My cousin wasn't asking me about crypto during this year's Thanksgiving feast. 

Instead, he wanted to know which commodity to buy after the historic cocoa trade.

Without hesitation, I told him, "coffee."

And I really believe that!

Let's talk about why.

Our Soft Commodity Index is testing a critical level of interest:

 

The index peaked and rolled over in 2011 and has carved out a massive basing pattern in the years since then. If and when the bulls resolve this pattern, we want to be long.

On a relative basis, soft commodities are printing fresh 52-week highs versus the broader commodity complex. This is precisely what we're looking for in a leadership group, and we expect this outperformance to continue for the foreseeable future.

Cocoa futures recently resolved a 45-year base and put the bears in a dirt nap, and we think coffee futures are up next:

 

As you can see, coffee is at its highest level since it peaked in 1977, following a face-ripping 600% rally in two years.

A close above 340 would mark the end of a nearly 50-year consolidation and the beginning of a new uptrend. 

And we suspect...

All Star Charts Premium

The Hall of Famers (11-29-2024)

November 29, 2024

From the desk of Steve Strazza @Sstrazza

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.

Here’s this week’s list:

 

*Click table to enlarge view

We filter out any laggards that are down -5% or more relative to the S&P 500 over the trailing month.

Then...

Options Paid to Play

[Options P2P] Daily Digest 11/29/24

November 29, 2024

In today’s Daily Digest, we’ll review the following:

  1. New position in IWM.
  2. No adjustments are needed today.
  3. No exits since the last report.
  4. Current status of open campaigns.
  5. Volatility Snapshot.

Let’s dig in!

All Star Charts Premium

Trump Is Good For China

November 29, 2024

How many people do you know have Chinese stocks as the biggest winner of the Trump landslide victory?

I don't anyone, and I talk to a lot of people.

Traders and Investors are simply NOT positioned for it.

They're all just assuming Trump is going to be bad for Chinese stocks, with tariffs and rocket beef and whatever else....

I think it's great. We're happy to take the other side of their (already priced in) pessimistic views.

Here is the CSI 300 Index, which is basically the S&P500 of China. Look at the double bottom, followed by the most violent momentum thrust in the history of Chinese equities, and now the consolidation post election.

It's time...

 

And the time is now.

There were 3 new trades dropped today for...

All Star Charts Premium

I'm Thankful for Good Data

November 29, 2024

Thanksgiving is my favorite holiday of the year. It's not even close.

So from the bottom of my heart, THANK YOU for all of your support over the years. You have no idea how much you mean to me and how appreciative we are for all the emails, comments, feedback and love that you gave us throughout 2024 and all of the years before that.

Seriously. Thank you. 

Thanksgiving to me means Family, Friends, Football, Red Burgundy and Good Eats.

I know there are a few unfortunate souls out there who don't like Turkey. So if you're one of those, I can tell you for a fact, that it's only because you haven't had my Turkey yet!

You're invited next year.

I love Thanksgiving so much that we celebrate it at least one or two more times throughout the year, once in the Spring and probably one more time in early September.

Don't come at me with "Turkey isn't good". Maybe your turkey might not be great, but for the rest of us who know how to prepare it properly, there are few meals throughout the year that are as good as this one! 

Facts only.

And so speaking of facts, the thing that I am most grateful this year, from an...