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 would be most appropriate. This includes U.S. Stocks & Sectors, International Stock Indexes, Commodities, Currencies and Interest Rate Markets.

We've been extremely bullish towards US and Global Stocks as they remain in strong uptrends on any sort of intermediate-term time horizon. I still think this is an environment where we need to be buying weakness in stocks, not selling strength. The weight of the evidence is still pointing to an increased amount of risk appetite, not risk aversion. We will go over a multi-timeframe approach on this conference call where we will start with the longer-term and then work our way down to more short-term to intermediate-term investing ideas. This will also include other assets like the US Dollar, Euro, Gold, Silver, Crude Oil and Interest Rates.

It's a new year and we're already starting to see brand new trends emerging. One area that I've preferred to stay away from for a long time has been the energy and natural resource space, which just so happen to be 2 of my favorite areas to be long heading into 2018. Today I want to point out the major reversal in Natural Gas stocks that I believe will catch many by surprise as we progress into the first quarter and likely beyond.

Natural Gas stocks? When was the last time you heard me talk about those?? There is a time and a place for everything. We've discussed the relative strength in Energy stocks as a group lately and have pointed out some interesting opportunities, particularly in the Oil Refinery space, Valero especially. That has worked very well in our favor the past few months.

But moving forward I think there are some extremely favorable risk vs reward scenarios within the Natural Gas stocks as well as all of them as a group.

We're finally here! Allstarcharts India is now available to everyone and anyone interested in the share market of India. This has been one of the most incredible experiences of my life - learning about Indian markets, the people and the culture. I am currently here in Delhi and will also be traveling to Mumbai to both celebrate the new launch and to continue my pursuit of knowledge and experience. I will be giving a live presentation at Bloomberg in Mumbai Thursday January 11th and you can register for that here if it's not already filled up.

We're finally here! Allstarcharts India is now available to everyone and anyone interested in the share market of India. This has been one of the most incredible experiences of my life - learning about Indian markets, the people and the culture. I am currently here in Delhi and will also be traveling to Mumbai to both celebrate the new launch and to continue my pursuit of knowledge and experience. I will be giving a live presentation at Bloomberg in Mumbai Thursday January 11th and you can register for that here if it's not already filled up.

I finally made it to India! I've been working on coming out here for a long time, but you know, life gets in the way. I've made an effort in the past year to travel, particularly to Asia to learn more about the culture, the people and the financial markets. Since last February I've traveled to Hong Kong, Singapore, Kuala Lumpur, Tokyo, Taipei and Philippines. It's easy for me to give a presentation and talk about what I'm seeing in the market. I've done that pretty much every day for as long as I can remember. Where I win is in the conversations I have prior to my events, and more importantly afterwards over cocktails and delicious food.

To be honest, what inspired me to travel and learn from other markets was India. Long story, but India was the first place I wanted to go to and learn and talk about markets. But as it turned out, it took me longer to get here than I would have wanted. But hey, I'm here now and that's what matters.

I finally made it to India! I've been working on coming out here for a long time, but you know, life gets in the way. I've made an effort in the past year to travel, particularly to Asia to learn more about the culture, the people and the financial markets. Since last February I've traveled to Hong Kong, Singapore, Kuala Lumpur, Tokyo, Taipei and Philippines. It's easy for me to give a presentation and talk about what I'm seeing in the market. I've done that pretty much every day for as long as I can remember. Where I win is in the conversations I have prior to my events, and more importantly afterwards over cocktails and delicious food.

To be honest, what inspired me to travel and learn from other markets was India. Long story, but India was the first place I wanted to go to and learn and talk about markets. But as it turned out, it took me longer to get here than I would have wanted. But hey, I'm here now and that's what matters.

While we always incorporate a top/down approach to markets, we ultimately end up with individual stocks ideas with favorable risk vs reward propositions skewed in our favor. That's the point of all this. As you can see here, we first start with the major Indexes, then work our way down to individual sectors and industry groups, and finally to the strongest stocks within the strongest sectors to find buying opportunities.

Today we are looking specifically at the Bank stocks within the NIFTY50 Index. Not all of them are good buying opportunities but there are a handful of them that I think we need to be buying on weakness.

We don't just want to look at one index when we make decisions about the risk appetite for stocks in the current market environment. The idea is to look at all of them collectively. All of the Indexes in India can be found in the Chartbook updated on a regular basis with comments and annotations.

Today I wanted to point out the strength that we're seeing in one Index that stands out compared to what we're seeing in another. The focus of this post is in the value of the NIFTY NEXT 50 compared to just looking at the NIFTY 50 in isolation.

This is a new year with fresh opportunities to buy some things and short others. It's a two way market. Anyone who has been sitting in Gold over the past 4 years is frustrated. If you've been in Gold the past 18 months, it must feel even worse. You could have pretty much bought anything else and done well: Stocks, Energy, Crypto. There is a lot of pent up pressure in the Gold market.

I've been in the camp that Gold has either been a stay away or a short. This has gone on for the past 18 months since our upside targets were hit. It's worked out relatively well for a long time, particularly the stay away from piece of that. The opportunity costs of being involved in this space has been off the charts.

We want to go into 2018 forgetting everything we thought we once knew. The process of approaching every market with an open mind is something that I think is very important. Our goals of profitability need to outweigh any emotions driven by ego.

I've been very critical of Gold, Silver and Precious Metals stocks since the Summer of 2016 when they hit the upside objectives we gave them earlier that year. Since then, it's been a sideways mess, with fast moves lower and abrupt mean reversions higher. These are characteristics of messy markets, not trending ones like U.S. Stocks were for example since, coincidentally (I doubt it) that Summer of 2016.

Today we're going to go over the best risk vs reward propositions in the Gold market as we enter 2018: