We've been able to avoid some short-term messy sort of action lately. We'll take it. The breadth internals of the market had been suggesting since early March that something was wrong....
The US Stock Market has been like watching grass grow. It's a hot mess and I'm all for it. We turned Neutral towards US Stocks in March so watching both the bulls and the bears get whipped around is great theater from our cash heavy seats. Nothing I'...
Every month I host a conference call for All Star Charts Premium Members where we discuss ongoing themes throughout the global marketplace as well as changes in trends where new positions...
The bond market has been fascinating lately for sure. Sentiment has been in one direction while price has gone in the complete opposite. Everyone seems to expect rates to rise and therefore bonds to fall. Position data certainly suggests that - the...
This morning I had a chance to sit down and chat with the good folks over at Benzinga. I've been doing interviews with Joel and Dennis for years. They've done a nice job of getting some really good guests on here consistently so it's great to be a...
We're in the market to make money. It should not matter whether that money is made in Energy stocks, Technology, U.S. Equities, European or Chinese. The point is to find opportunities as they come, wherever they come from. I think as we progress into...
I'm in New York City this week attending a couple of investing conferences so I went by the Nasdaq to chat with Business News Network about the current market environment. I've been consistently bullish since last year with an upside target in the S...
Last week the Nasdaq100 went out at new all-time weekly closing highs. While that might seem like a bullish characteristic on the surface, I think it's important to recognize what is happening within the actual index itself. Like I always try and...
One of the most important tools we have as technicians is the ability to measure momentum. Remember, buy side fund managers are obsessed with looking for stocks and assets showing momentum. They hate sitting in things that aren't doing anything....
I'm sure by now you've had the time to digest the never ending headlines about an 8-year anniversary of a bull market for the S&P500. The problem with all of them is that the S&P500 has NOT been in a bull market for 8 years. In fact, there is...
Emerging markets have been a real laggard. While developed markets around the world have been making new highs, it’s just now that emerging markets are catching up. This week the MSCI Emerging Markets Index Fund $EEM broke out to the highest level...
It's hard to ignore certain market moves that tend to be very rare. Bullish outside days that engulf the prior period are one of those. I think this is exactly what we saw this week in the AMEX Arline Index and it is something we want to respect. This...
Every month I host a conference call for All Star Charts Premium Members where we discuss ongoing themes throughout the global marketplace as well as changes in trends where new positions...
Remember, it's not about being right, it's about making money. Is it nice to be right? Of course. But it's even nicer to be profitable. In order to do so, we focus more attention on figuring out where we're wrong rather than allocating time and...
Intermarket Analysis is a fantastic tool that is available to us as technicians regardless of our time horizon. Certain gauges of risk appetite, or risk aversion, can be seen simultaneously throughout various asset classes. We use these correlations...
Technical Analysis is the study of the behavior of the market and market participants. We try and identify the direction of the primary trend and invest accordingly. As Technicians we can apply our price-focused approach to any market, whether it's...
For me it's not just about buying a group of stocks, but about buying the strongest members of that group. I am a firm believer that by erring on the long side of relative strength or erring on the short side of relative weakness, the odds of a...
