We put out a post highlighting the negative divergence in Nifty50 on the daily chart this week.

While short-term investors have something to look into, should long-term investors re-evaluate as well?

Read on to learn more...

Nifty 50 has gone ahead and given us a signal of caution after a relentless rally. While we have seen days of a pause in short-term momentum in the past, this time around there's a slight difference.

Let's take a look at the daily chart to see what we've got here.

Software names have been leading the charge in this bull market. And if stocks are setting up for another extension of this bull run, I expect a lot of the leading stocks will come from the software space.

With this in mind, a software name mentioned in the latest All Star Charts Monthly Conference call is triggering an entry today.

Let's get to work!

The market has been gaining from strength to strength and if anything, we see greater participation across the globe as this rally matures into what looks like a long-term bull market.

One phrase we hear pretty often during such bull markets is the "Risk-on environment". So what is a Risk-on environment and what are the indicators that allude to such a set-up?

Let's take a look at some charts!

What would it take to finally end the long-term bear market in commodities?

How about Crude Oil Futures trading below zero?

Yes, remember when Oil traded in the negatives last year?

This is something most of us never thought was possible. If you had this on your list of possibilities, kudos to you I guess.

I didn't.

It's not a new chart - in fact it makes the rounds on a fairly regular basis.

The iteration I saw this week showed the relationship between global money supply, stocks and high yield bonds over the past five years. The trend for all three was the same - up and to the right, with early 2021 bring a fresh round of new highs.

For whatever reason, my first thought on seeing this version was that Wu-Tang Clan had it right all along.

Chatting with the team this morning, something that stuck out and we all agreed on is that the Megacaps are starting to show signs of re-asserting their dominance. And that it won't be a one-day event. Just look at NFLX, MSFT, AAPL, and the like and you'll likely see what we're seeing.

And the stock that stands out the most to us right now is Google $GOOG.

Check out this chart:

We held our January Monthly Conference Call on 19th which our Premium Members can access and rewatch here.

In this post, we'll share five of the most important charts along with JC's commentary of them and a brief explanation for each.

This is the video recording of the January 2021 Conference Call.

From the desk of Louis Sykes @haumicharts

This is an issue that pretty much everyone encounters at some time or another...

Overcomplicating correlations.

I'm going to share a few recent examples, and then discuss how overthinking these relationships could potentially end in a world of hurt.

It's NOT about what's happened over the past year.

Zoom out.

This is about what's been happening throughout the cycle, which appears to have ended.