Skip to main content

Displaying 1261 - 1272 of 12343

All Star Charts Premium

The Hall of Famers (05-31-2024)

June 1, 2024

From the desk of Steve Strazza @Sstrazza

Our Hall of Famers list is composed of the 150 largest US-based stocks.

These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.

It has all the big names and more.

It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that. Click here to check it out.

The Hall of Famers is simple.

We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.

Let’s dive right in and check out what these big boys are up to.

Here’s this week’s list:

*Click table to enlarge view

We filter out any laggards that are down -5% or more relative to the S&P 500 over the trailing month.

Then, we sort the remaining names by their proximity to new 52-week highs.

This leaves us...

All Star Charts Premium

Catch These Uranium Stocks Before They Split! 

May 31, 2024

From the Desk of Ian Culley @IanCulley

Metal and mining stocks are hanging tough.

Sure, miners aren’t flashing an overwhelming number of new highs, but they’re also not registering an alarming number of new lows.

That’s impressive, especially considering Copper’s epic false start.

While many precious and base metal stocks consolidate, let’s review the next group of mining names before they rip…

Check out the Junior Uranium Miners ETF $URNJ versus the Uranium Miners ETF $URNM:

Despite the significant overlap between these two ETFs, I view a breakout in the URNJ-to-URNM ratio as a clear risk-on signal (much like the relative strength displayed by junior gold miners). 

The top four URNJ holdings – accounting for approximately 60% of the ETF – also belong to URNM. In comparison, those same four stocks combine for just 28% of URNM.

URNM also includes the $24B uranium bellwether...

All Star Charts Gold Rush,
All Star Charts Premium

Catch These Uranium Stocks Before They Split!

May 31, 2024

From the Desk of Ian Culley @IanCulley

Metal and mining stocks are hanging tough.

Sure, miners aren’t flashing an overwhelming number of new highs, but they’re also not registering an alarming number of new lows.

That’s impressive, especially considering Copper’s epic false start.

While many precious and base metal stocks consolidate, let’s review the next group of mining names before they rip…

Check out the Junior Uranium Miners ETF $URNJ versus the Uranium Miners ETF $URNM:

 

Despite the significant overlap between these two ETFs, I view a breakout in the URNJ-to-URNM ratio as a clear risk-on signal (much like the relative strength displayed by junior gold miners). 

The top four URNJ holdings – accounting for approximately 60% of the ETF – also belong to URNM. In comparison, those same four stocks combine for just 28% of URNM.

URNM also includes the $24B uranium bellwether Cameco Corp. $CCJ (a 17% weighting) and the Sprott Physical Uranium Trust (...

All Star Options

[Options Premium] This Trade Fits the Bill

May 31, 2024

As I mentioned in yesterday's Options Jam Session, the stock market is currently sending mixed signals and it has me open to the idea of adding some short exposure to my portfolio to balance the risks to my open long positions.

So I'm on the hunt for weak stocks that are showing signs of losing significant support levels.

Today's trade fits the bill.

Options Paid to Play

[Options P2P] Daily Digest 5/31/24

May 31, 2024

In today’s Daily Digest, we’ll review the following:

  1. Added a new position in XHB.
  2. No adjustments are needed today.
  3. No exits since the last report.
  4. Current status of open campaigns.

Let’s dig in!

All Star Charts Crypto

Crypto Power Rankings for 5/31/2024

May 31, 2024

Every week, we create a Power Rankings table that lists the market-cap rank of the top 20 cryptocurrencies. This allows us to see the winners and losers as they climb the market-cap ladder.

All Star Charts Premium

The Bond Market Knives Come Out

May 30, 2024

From the Desk of Ian Culley @IanCulley

No matter how you slice it, bonds are stuck in a downtrend.

Perhaps bonds are carving out a tradeable low. If so, we have our levels to trade against. But price is falling away from our entry orders, heading in the opposite direction.    

You just can’t buy long-dated U.S. Treasuries right now…

Check out the U.S. T-Bond ETF $TLT:

TLT is trading beneath a downward-sloping long-term (forty-week) moving average and a yearlong downtrend line. Long-term averages and trendlines epitomize the Keep It Simple Stupid (KISS) approach to trend analysis because they work.

We can also add a well-defined bearish momentum regime on the 14-week RSI to our bearish data point list. The lackadaisical bid for bonds reminds us that it’s far easier for an asset to fall on weak demand than to rise on dwindling supply. 

During...

Brian Lund Has to Write

May 30, 2024

If there's one thing Brian Lund learned about himself over the past 30 years in the markets, he must write. Without a doubt, without even thinking about it, he knows that to express himself and to complete his thoughts into productive trading, he needs to sit down and start writing.

And this makes sense. We hear this a lot from our smart friends.

Barry Ritholtz once wrote: "I write to find out what I'm thinking."

In this conversation with Brian, we get into the importance of sleep hygiene and how it's so important for us to be at our best. Not just in trading, but in living.

We dig into challenges Brian has overcome along the way, including an ADHD diagnosis, and morphing from an always-on entrepreneur who constants has problems to solve to a trader who must sit on his hands and wait for things to happen.

We also cover his hacks like therapy, meditation, and a CPAP machine to help him maintain his sharpness.

Like all of us, Brian has suffered from the market honing in on his biggest weaknesses. He's got the battle scars to prove it. But learning from these mistakes and fighting the urge to revenge trade have been evolutions that...