Skip to main content

Displaying 7093 - 7104 of 12387

Dollars & Rates: All Eyez On Me

October 2, 2021

To quote the great philosopher Tupac Shakur, "All Eyez On Me". 

Makaveli - The Don would agree, if he were here, that the focus needs to be on the US Dollar and Interest Rates.

The implications will most likely impact every single asset class you've ever heard of.

Here's the recent US Dollar strength as it runs into former resistance and key Fibonacci retracement:

All Star Charts Premium

Saturday Morning Chartoons: Who's Ready For Q4?

October 2, 2021

It's Saturday Morning Chartoons time. 

This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.

You can find the whole list of trades here.

Below you'll find the full PDF of this week's charts:

 

 

All Star Charts Premium

Commodities Weekly: Who’s Right -- Copper or Crude?

October 1, 2021

From the desk of Steve Strazza @Sstrazza and Ian Culley @Ianculley

Energy is the clear leader in the commodity markets right now. Our equally-weighted energy index is up 13.76% over the trailing month and 6.58% in the last five days.

The emerging strength from this group is supported by a rising rate environment that could be just getting started.

So, crude oil to 100 dollars and natural gas to 9?

Maybe! But before we get ahead of ourselves, there are still plenty of mixed signals and divergences that need to be resolved.

One that stands out is the lack of confirming price action between economically sensitive commodities. Let’s take a look!

Here’s a chart of Crude Oil futures, Copper futures, and Copper Miners $COPX:

All three are consolidating within an underlying uptrend. But there’s one major difference.

...

[PLUS] Weekly Observations & One Chart for the Weekend

October 1, 2021

From the desk of Willie Delwiche.

Index-level volatility picked up in September and by month-end the S&P 500 has experienced its first 5% drawdown in nearly a year. Beneath the surface, we’ve been seeing increasingly widespread and substantial pullbacks since early this year. More than 50% of NASDAQ stocks are more than 20% below their highs, and more than 20% are more than 50% below their highs. These percentages have been trending higher since February and reflect a market that has churned, corrected and seen a substantial amount of air come out of it since Q1. With the indexes themselves now catching down, Q4 could be when the average stock starts to get back in gear.

All Star Charts Premium

[Premium] Details For October 2021 Monthly Strategy Session

October 1, 2021

These are the registration details for our Live Monthly Candlestick Strategy Session for Premium Members of All Star Charts.

This month’s Video Conference Call will be held on Monday October 4th @ 6PM ET. As always, if you cannot make the call live, the video and slides will be archived and published here along with every other live call since 2015.

Here are the details for Monday evening:

All Star Charts Premium

International Hall Of Famers

September 30, 2021

From the desk of Steve Strazza @Sstrazza

Our International Hall Of Famers list is composed of the 50 largest US-listed international stocks, or ADRs.

These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.

It’s got all the big names and more--but only those that are based outside the US. You can find all the big US names on our original Hall Of Famers list.

The beauty of these scans is really in their simplicity.

We take the 50 largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.

Let’s dive in and take a look at what some of the largest stocks around the world are doing.

Here’s this week’s list:

And here’s how we arrived at it...

  • We filtered out any names...
All Star Charts Crypto

The Bitcoin Buy Wall

September 30, 2021

We've talked at length about the accumulation taking place on the part of larger trader cohorts.

To visualize these developments, we've primarily used all the on-chain metrics at our disposal. Another way to go about doing this is by going directly to the order book.

Using heatmaps of all the limit orders on crypto exchanges, we can get an idea of where traders are accumulating and where they're selling into strength. The more yellow the heatmap, the bigger the size of the orders.

All Star Charts Premium

Looking Under the Hood at Growth and Value

September 30, 2021

From the desk of Steve Strazza @Sstrazza and Grant Hawkridge @granthawkridge

Bond yields are breaking higher across the board. So, it’s essential to understand that some stocks do better amid rising rates, while others prosper in markets with low growth and low yields. 

For instance, cyclical and value stocks should outperform in a rising rate environment.

Meanwhile, growth, tech stocks, and any long-duration assets (bonds) typically lag. They become less attractive during periods where more economically sensitive areas offer more appealing opportunities.

And we’re already seeing this rotation into the rising rate beneficiaries, while growth stocks have come under pressure in recent weeks.

In today’s post, we’ll look at market internals of these groups to see what they suggest about recent price action.

We can compare growth to cyclicals by analyzing the ratio of Large-Cap Tech $XLK to Energy $XLE.

And we can further illustrate this growth-versus-value relationship through a variety of derivatives. They all tell similar stories.

...