I shared this tweet today which was a quote from author James Clear of the awesome book Atomic Habits:

How to achieve exceptional results:

1) Quantity: You take lots of shots.

2) Quality: You take thoughtful shots.

3) Consistency: You keep shooting for a long time.

4) Feedback. You take better shots over time.

5) Luck: You get a few favorable bounces.​"

-@JamesClear

— Sean McLaughlin, NLD 📈 (@chicagosean) August 13, 2020

... and it dovetails nicely with a discussion I had with one of my All Star Options clients recently.

Given many of the Equity indices in India are heavily concentrated, it can be difficult to identify what's really happening in a specific sector or industry group just by looking at the Nifty sector/thematic indexes.

The best example of this is Nifty Energy, where Reliance makes up a massive 37% of the weighting.

One way our process has adapted to overcome this issue is by using custom Equally-Weighted Indexes to identify the real trends occurring in these areas of the market.

Today, we're going to look at an Equally-Weighted Index to identify what's happening in the Energy sector and how we're taking advantage of it.

From the desk of Tom Bruni @BruniCharting

The Fixed Income, Commodity, and Currency markets are near and dear to my heart. Ever since I began learning Technical Analysis, I've always loved analyzing things that are "off the beaten path." This included everything from Interest Rates to Soybeans to the Norwegian Krone. Equities are great and all, but this is the stuff that gets me up in the morning.

In addition to the blog posts we do on the site, I've wanted to explore new ways to share that passion with you all and show why even if you're not investing in these markets directly, they're worth paying attention to.

That brings us to my new weekly show, "What The FICC?"

In this weekly video series, I'll be highlighting the most important chart or theme from these three asset classes while doing my best to tie that analysis back to Equities through an intermarket signal or a trade idea.

This week's episode is linked below, enjoy!

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 on Tuesday August 18th 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.

Here are the details for Tuesday:

There has been a lot of action in the Commodity, Currency, and Fixed Income space over the last few months and we've been taking advantage.

Yesterday we spoke about the intermarket signals we're deriving from Interest Rates and last week we spoke about what we were seeing in the Gold/Silver and Natural Gas Markets.

Today, we want to take a look at a key retest that's about to occur in Euro/Rupee and revisit a few setups we've spoken about in the past that are approaching actionable levels.

Here's the Euro/Rupee post that sparked the need for this post. Two weeks ago we wrote about the notable breakout here (and breakdown in Rupees), but the Euro was the only pair to see any follow-through. Now that prices are pulling back, we want to see if this coming breakout retest is successful.

Click on chart to enlarge view. 

...

JC published a piece on Monday highlighting the rotation we're seeing into Transportation stocks. A bunch of names on that list have already experienced some good moves. But one of the names is likely to start playing catch up and that has me interested.

From the desk of Tom Bruni @BruniCharting

When owning an ETF, it's important to understand how it's constructed. In other words, you need to know what you own.

When it comes to the Emerging Markets ETF $EEM, you're essentially betting on Asia as ~72% of its holdings are from China, Taiwan, South Korea, and India.

Some might say these are the most important charts in Emerging Markets...so let's take a look.

From the desk of Tom Bruni @BruniCharting

I wrote this post for our Indian subscribers, but given it's discussing Interest Rates and their effect on Equities as an asset class I thought it was worthwhile to share it with you all as well.

We've written about the rotation that's underway here, here, and a lot of other places, but this post helps tie it all together with the recent action in Bonds.

I hope you find it helpful.

Last week for US subscribers we discussed the potential breakout in US Treasury Bonds, but that move quickly failed. If we've learned anything over the years, it's that failed moves often lead to fast moves in the opposite direction...so this decline could just be getting started.

In this post, we want to analyze the near-term direction of Interest Rates and discuss why they're relevant to Equities as an asset class.

From the desk of Steve Strazza @Sstrazza

New Mystery Chart!

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?

This week on Happy Hour with Traders, I sit down with my old friend James Bartelloni. Some of you have seen him before, Chart Summit 2018 or on the podcast: Season 2 Episode 10. For those of you who are new to Bart and his ways of approaching markets, I encourage you to set aside some time to hear him out.

I first met Bart back in 2006 when I began studying for my CMT Exams. Back in the day they used to have this thing called CMTi, where CMT Charterholders would help candidates prepare for the various levels and teach classes online. They don't do that anymore, which is unfortunate, because there's no way I would have passed that CMT Level 2 exam without Bart's help.

Anyway, Bart likes to refer to himself as an "Intermarket Musician". He looks at musical notes and the earth's vibrations to help him make sense of market behavior. Don't dismiss it right away. Trust me. Give it a chance. He also dives into what he's...

In June we outlined a thesis for the Mid and Small-Cap segment of the market to begin outperforming in a meaningful way. In that post, we outlined a number of stocks we were buying to take advantage of that theme, but many are well on their way to their upside objectives already.

Today we want to follow up on that theme, show why it's still intact, and outline stocks with an attractive reward/risk at current levels.

We've written extensively about what the Large-Cap/Small-Cap ratio means and how we interpret it. If you haven't read them, I'd highly recommend checking them out before continuing with this post (June 9th post and June 19th post)

But, to sum it up the idea here is that Small-Cap outperformance is associated with a Bull Market in Indian Equities because it signifies risk appetite among market participants and a broad-based market rally that has sufficient participation from sectors/industry...