The latest Young Aristocrats report is out, highlighting companies with steady and increasing dividends that are also displaying strong relative strength -- a powerful combination. These are some of my favorite stocks to get long when the conditions warrant.
Today's trade is in a sporting goods retailer that just broke out and looks like it's ready to start sprinting.
Welcome to our annual edition of Young Aristocrats.
Dividend Aristocrats are easily some of the most desirable investments on Wall Street.
These are the names that have increased dividends for at least 25 years, providing steadily increasing income to long-term-minded shareholders.
As you can imagine, the companies making up this prestigious list are some of the most recognizable brands in the world.
Coca-Cola, Walmart, and Johnson & Johnson are just a few of the household names making the cut.
Here at All Star Charts, we like to stay ahead of the curve. That's why we're turning our attention to the future aristocrats.
In an effort to seek out the next generation of the cream-of-the-crop dividend plays, we're curating a list of stocks that have raised their payouts every year for five to nine years.
We call them the Young Aristocrats, and the idea is that these are "stocks that pay you to make money."
It's a new year with new leaders emerging in the market. So what better time to drop in and chat with our friends over on Fox Business about what's going on.
Charles likes my Ratio charts so we took a look at some of those.
But I think the bigger point here is that Gold doesn't have to be this 'End of the world' trade that some make it out to be.
History has proven time and time again that Gold prices can rise, even during bull markets for stocks. And to be clear, Gold prices can also fall along with stocks.
They are not mutually exclusive.
Check out the full clip and let me know what you think!
We debuted a new scan which goes by the name- All Star Momentum.
All Star Momentum is a brand new scan that guides us toward the very best stocks in the market. We have incorporated our stock universe of Nifty 500 as the base this time around. Among the 500 stocks that we follow, this scan will pump out names that are most likely to outperform the market.
We held our January Monthly Strategy Session Tuesday night. Premium Members can access and rewatch it here.
Non-members can get a quick recap of the call simply by reading this post each month.
By focusing on long-term, monthly charts, the idea is to take a step back and put things into the context of their structural trends. This is easily one of our most valuable exercises as it forces us to put aside the day-to-day noise and simply examine markets from a “big-picture” point of view.
With that as our backdrop, let’s dive right in and discuss three of the most important charts and/or themes from this month’s call.
Benchmark rates in Germany, France, Spain, and Portugal hit fresh multi-year highs last week. Interestingly, the US 10-year yield did not. And neither did the two-, 5-, or 30-year yields.
I’m not claiming US yields have put in a lower high. It’s far too early to assume that. A downside resolution below last month’s pivot lows needs to materialize before making that claim.
Nevertheless, the lack of confirmation from US interest rates is intriguing, especially as European yields turn lower this week.
Check out the triple-pane chart of Developed European 10-year yields (Germany, France, and Spain):
The new year can bring the hope of a better market environment. While it can be tempting to draw conclusions about all of 2023 from how December closed and January has begun, we would counsel patience. One lesson from 2022 is that normally reliable indicators of strength can be distorted in elevated volatility environments. The evidence has not improved and caution remains warranted. The liquidity environment remains poor, last year’s pattern of lower lows and lower highs is intact and the trend in the net new high data has not improved. Across asset classes, and both in the US and around the world, uptrends are hard to find. Gold, though, is starting to shine.
Our Weight of the Evidence Dashboard fills in the details and includes a few charts that have our attention heading into 2023.
