Skip to main content

Displaying 9649 - 9660 of 12367

The Perfectionism Crutch

May 28, 2019

From the desk of Tom Bruni @BruniCharting

Two weeks ago I was scheduled to film two segments for Real Vision and the experience brought up a good topic that I've been meaning to write about using my personal experience; Perfectionism.

The night before I was supposed to film the segments I didn't get much sleep, hadn't exercised in a few days, and just wasn't feeling 100%. Needless to say, these were not the conditions I'd prefer for important filming.*

Regardless, I'd agreed to do it and I needed to show up and do the work.

Now that I've had time to reflect, let's see what perfectionism, failure, and fear of "shipping" have got to do with that experience.

India Outperformance Reaccelerates

May 28, 2019

India's recent rally has reaccelerated its trend of outperformance relative to the rest of the Emerging Market space.

In this post, I want to outline two charts we use to track this trend and another that helps explain why it's happening.

All Star Options

[Options Premium] Long Play Short Leash

May 24, 2019

When you're bullish on a name and options prices -- in terms of volatility -- are the cheapest they've been all year, the prudent move is often the simplest move: buy longer-dated calls. And the decision is even simpler when you have a clearly defined level to show you where the trade idea is busted.

Cash Works If You Let It

May 23, 2019

From the desk of Tom Bruni @BruniCharting

One of the hardest things to do in life and in markets is admitting you don't know. But when you're only in the market to make money, and not to be right, saying I don't know can often be the best answer.

That's why I put out a post titled "Relatively...Confused" just two days ago because when I go through my chartbooks I see extended themes that are not offering great reward/risk opportunities right now.

Awaiting Election And Market Results

May 23, 2019

Elections, as with other major world events, introduce a lot of new information that market participants need to digest. This often causes increased volatility as expectations are adjusted and buyers and sellers battle to establish a trend.

So far this week we've seen an expansion in the intraday trading ranges, but not much resolution in terms of overall trend direction.

Here's what we're keeping an eye on.

The Trends We Indirectly Follow

May 22, 2019

From the desk of Tom Bruni @BruniCharting

There are trends people tend to pick up on indirectly, usually by looking at individual stock charts or ETFs on an absolute basis, seeing the relative strength/weakness, and connecting the dots.

See something in one chart; it may not be all that special. See it in a lot of charts from the same area of the market...you're usually onto something.

That's the indirect way, but if we look at a trend directly, we can get a better feel for the exact strength of that underlying trend/theme.

In this post, I want to highlight a few trends that I know people are aware of, but may not realize their severity.

All Star Charts Premium

[Premium] Making Cents Out Of US Dollars

May 22, 2019

From the desk of Tom Bruni @BruniCharting

The US Dollar has frustrated the majority of market participants this year, particularly if they're only looking at the US Dollar Index.

With that said, we've been focused on other US Dollar pairs that aren't getting much attention but are trending well and providing us with plenty of opportunities.

All Star Options

[Options Premium] Riding the Diagonal Track

May 22, 2019

In a recent report, the All Star Charts team highlighted some mixed signals and the lack of trend in many areas of the stock market right now. These are often frustrating situations for straight stocks players. Luckily for us options traders, we can craft strategies that best suit any market environment we may be in. For today's play, we're going to get a little creative, mixing a credit spread with a calendar spread to establish a unique risk profile in a name that we're cautiously bullish on.

All Star Charts Premium

Relatively...Confused

May 22, 2019

From the desk of Tom Bruni @BruniCharting

We've been writing about the lack of trend in the Major Indices and highlighting some relative strength in places like Software and Insurance, but overall signals remain mixed.

This morning I set out to write another post about areas showing relative strength, hoping to find a clean theme that the most actionable stock setups fit within.

What I found can be boiled down to the length of two tweets.

"Going through the S&P 1500 I see a number of actionable names on the long side, but they don't all fit a theme. They're all from different areas of the market. Where there are themes I see a lot of extended names and unattractive entries."

and

"I can see that the path of least resistance is higher in a lot of names, but that doesn't mean that current levels offer an attractive entry."

Great themes, but no great way of executing...

All Star Options

[Options Premium] Base Tractor

May 20, 2019

In a recent blog post, All Star Charts highlighted a stock retesting a breakout from a very large base. This was the money quote:

First off, big bases take time to form because they are caused by steady institutional accumulation. Mom and pop investors aren’t the ones creating this trend, so I know that there’s underlying demand that will support prices if they do move lower.

Because prices have memory and the base has taken a significant period of time to build, there’s likely been more trading at each price level along the way. As a result of this institutional support, the rate of change to the downside is likely to be less severe versus a name that’s advanced quickly to the upside with less trading activity at each level, and thus less memory among market participants to defend these levels on the way down.

Secondly, our risk is extremely well-defined when trading these patterns. In the event that we are buying a base breakout (or pullback), we know exactly where we are wrong and can generally minimize our risk relative to potential reward.

This is precisely the scenario we see...