As we progress into Q3 of Fiscal Year 2020-2021, this playbook outlines our thoughts on every asset class and our plan to profit.
Part 1 of this playbook will cover our macro view, touching on Equities, Commodities, Currencies, and Rates, as well as outline our views on the major nifty indices and the sector/thematic indices.
Part 2 of this playbook will be out in the next few days and cover individual stocks we want to be buying and selling to take advantage of the themes discussed in part 1.
When we posted the chart earlier this week, price was pressing up against its most recent objective near the 423.6% extension.
We posed the following question: will price correct lower and confirm the potential bearish momentum divergence, or would momentum catch up with price and confirm it's latest all-time highs.
Your responses were overwhelmingly bullish due to the strong uptrend and momentum characteristics... and we would agree.
It isn't just the sexy high-tech names that are offering great opportunities. Sometimes, the best ideas can be the simplest ones.
After brushing my teeth this morning, I happened to be reviewing the list of stocks the ASC research team is watching. Call it kizmet, but the fresh tingle of clean teeth was still making itself known when I came across this chart:
As we progress into Q3 of Fiscal Year 2020-2021, this playbook outlines our thoughts on every asset class and our plan to profit.
Part 1 of this playbook will cover our macro view, touching on Equities, Commodities, Currencies, and Rates, as well as outline our views on the major nifty indices and the sector/thematic indices.
Part 2 of this playbook will be out in the next few days and cover individual stocks we want to be buying and selling to take advantage of the themes discussed in part 1.
These are the registration details for the live monthly conference call for Premium Members of All Star Charts.
This month’s Conference Call will be held onMonday October 19th at 6PM ET. As always, if you cannot make the call live, the video and slides will be archived and published here along with every other live call since 2015.
The All Star Charts research team recently published our Quarterly Playbook for Q4. ASC subscribers can check it out here. And one of the highlighted semiconductor names has caught my attention for an opportunistic options trade.
Last week I was a guest on The Final Bar with my pal David Keller. Him and I always like to chat because we see the markets through a similar lens. We also have a lot of the same friends and we understand their perspectives as well.
In this video we kick it old school talking Dow Theory and Trend Identification. While things always seem to be changing and evolving in the market, the one constant is human behavior, fear and greed. That will never change. And therefore, the principles behind the study of those supply and demand dynamics don't change either.
We dive in around at the 12:41 mark. Check it out:
For those new to the exercise, we take a chart of interest and remove the x/y-axes and any other labels that would help identify it. The chart can be any security in any asset class on any timeframe on an absolute or relative basis. Maybe it’s a custom index or inverted, who knows!
We do all this to put aside the biases we have associated with this specific security/the market and come to a conclusion based solely on price.
You can guess what it is if you must, but the real value comes from sharing what you would do right now. Buy, Sell, or Do Nothing?
The first section dives deep into the US Stock Market, and the second half covers International Stock Markets and FICC (Fixed Income, Commodities & Currencies).
You can skip right to the trade ideas here if you'd like, or give the full report a read!
From the desk of Steve Strazza @Sstrazza and Louis Sykes @Haumicharts
At the beginning of each week, we publish performance tables for a variety of different asset classes and categories along with commentary on each.
Looking at the past helps put the future into context. In this post, we review the relative strength trends at play and preview some of the things we’re watching in order to profit in the weeks and months ahead.
In recent week's RPP Reports, we've discussed how Equity Markets had become more of a mixed bag with many key assets trading right at or near critical levels.
This week, we'll follow up on some of these areas we've been pointing out in recent reports and see how they look now.