From the desk of Willie Delwiche.

There is still one week to go before it ends, but Q1 2022 has been a remarkable quarter in many respects. If this year has taught us anything, it’s that a lot could change between now and when the closing bell rings next Thursday. But as it stands now, this will be the first down quarter for stocks since Q1 2020 and it will go down as the worst quarter for bonds in a very long time. Both stocks and bonds falling by more than just a marginal amount makes this a particularly forgettable quarter for investors in passive 60/40-type portfolios. There has been no place for them to hide. Not strength to offset weakness. Recent weak quarters for balanced portfolios saw strength in bonds offsetting weakness in stocks. Recent weak quarters for bonds have coincided with strength in stocks. The only somewhat similar experience in the past quarter century was Q3 2008 - bonds were down but only modestly. Two takeaways: First, this helps explain some of the dour mood among investors. Second, quarterly rebalancing this time around will have otherwise passive investors sell what has been weak (stocks) and buying what has been even weaker (bonds...

The ASC team, as always, threw out a bunch of actionable ideas in their most recent Mid-Monthly Conference Call. As you might expect, there's still a lot to like in the energy space. But it might have surprised you to see some bullish setups in some chinese and marijuana space names. I know it did me!

But one name in the Precious Metals sector piqued my interest and when I chatted with Steve Strazza about it this morning, he was pretty excited about it.

So what is this shiny new stock?

This is the video recording of our March 25, 2022, All Star Charts Crypto Weekly Strategy Session.

Revolution Medicines $RVMD director Thilo Schroeder is back on our list for the third time in just two weeks with another Form 4 filing.

Following last week’s $3.4 million buy, he revealed an additional $5.5 million purchase in his latest filing.

We do a lot of intermarket analysis here at Allstarcharts.

We include all asset classes and countries in our process.

How can we not?

I mean we have the time.

This is what we do.

And so, Australian dollar vs. Japanese yen has historically been a great indicator for me to measure risk appetite. That's not just in the currency markets but, more importantly, in stocks and commodities as well.

So, take a look at what Bitcoin has been doing when compared to aussie/yen, one of my favorite intermarket relationships...

This is the video recording of the March 24th Weekly Town Hall w/ Willie Delwiche & JC Parets

03/24/22 2:00 PM ET

For this week's trade, we're putting on a GrowGeneration $GRWG January 7.5/15 Bullish Risk Reversal for a small net credit.

This means we’ll be selling Jan 7.5-strike puts short and using those proceeds to purchase an equal amount of Jan 15 calls

Get the full details, risk management procedures and targets for this trade here:

From the desk of Willie Delwiche.

I had a chance to catch up with my friend Dave Keller this week. We talked about the overall market environment, touching specifically on market breadth and the implications of an accelerated tightening cycle by the Fed. You can check out a replay of the entire conversation here. 

At one point, Dave asked me about my perspective on one of the most important questions facing investors right now. It’s about labeling oneself as either a growth investor or a value investor, and how to operate within that framework in the current market environment.  

It’s important because it is pervasive. It’s important because it can be expensive. 

It’s important, but it’s also weird, leading investors to discount reality and operate within narratives. 

The question keeps coming up.

As it should.

"JC, do you think this bounce in Growth has legs?"

And the answer is that yes, I think it could. There are some nice trades in these beat up growth areas that have set up very nicely.

We discussed a few of these once again on Monday night.

But I believe this one really depends on your time horizon.

Can Growth outperform for a bit? Sure.

But do I think it can do that throughout the rest of the year?

No I don't.

Here's the Large-cap Growth vs Value in black, as well as the Small-cap Growth vs Value in Blue:

There’s a handful of large Form 4 purchases on today’s list.

Robert Gervis, director of Aspen Aerogels $ASPN, purchased $4.5 million of stock.

We can't help but notice that all the dinosaur coins are moving right now.

Those coins that got heavily pumped into 2017 and never recovered (think names like ZEC, DASH, XRP, XLM, ETC, etc.) have always gone through cycles of bleeding lower for months on end before getting aggressively pumped.

Just look at them over the last week or two.

When these bad boys move, they move.

There's one contrarian play we like from this rotation as a tactical long.

We debuted a new scan recently- The Outperformers.

The Outperformers is our newest scan that pinpoints the very best stocks in the market. It’s the fastest, easiest way to find quality names that are primed for major moves.

The goal is that as the market rally progresses, the sector rotation within the market will reflect in this scan. So while our Top/Down Analysis helps us with the broader view of the market, this Bottom/Up scan makes sure that we catch the slightest change in sentiment.