The major indices in India are stuck in “no man’s land” right now, making it a tough trading environment for many.
In this post, we’re going to take a quick look at what that means and how we’re approaching it.
Expert technical analysis of financial markets by JC Parets
by Tom Bruni
The major indices in India are stuck in “no man’s land” right now, making it a tough trading environment for many.
In this post, we’re going to take a quick look at what that means and how we’re approaching it.
by JC
Here is the video from my BNN Bloomberg interview this week. They asked me if I thought the media was making too big of a deal out of an inversion of the yield curve and I agreed that of course they did. That’s what the media does, irresponsibly exaggerate things that don’t need to be exaggerated at the expense of their audience. I’m happy to come on TV to bring some sense of reality to the conversation. Someone has to. In this video we discuss the ongoing Cyclical Bear Market in stocks and what we’re waiting for to confirm that a new Cyclical Bull is getting started. [Read more…]
by JC
Todd Sohn is one of my favorite guys to talk to about the markets. He often sends me charts that no one else is looking at and points out important data that most people aren’t talking about. His unique perspective on the market definitely makes him stand out from the rest. Todd and his team at Strategas do great work and it’s a real pleasure to have him on the podcast. In this conversation we discuss the current environment for US Stocks, Interest Rates, Precious Metals and the sentiment driving current trends. He offers good advice for both new technicians and seasoned veterans. If you’re at all interested in the market, this is an episode you can’t miss. Enjoy! [Read more…]
by JC
This is the video recording of the August 2019 Conference Call.
by Tom Bruni
Tuesday’s Mystery Chart received mixed responses, with some people buying this dip and others waiting to short a breakdown.
Now, let’s look at the chart and its related theme. [Read more…]
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
Wednesday morning I outlined the charts we were watching ahead of the Fed Decision and what we would need to see before getting out of the way and reevaluating our bullish Equities and US Interest Rates thesis.
Today I want to look at those same charts and note what’s changed and how we’re moving forward.
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
Today will be a “big” day for markets as the Federal Reserve will announce their decision on the new target Federal Funds Rate.
Currently, markets are pricing in a roughly 80% chance of a 25bp cut and a 20% chance of a 50bp cut. This means market participants have assigned 0% odds to rates remaining where they are after today’s meeting.
We’ve been pretty clear over the last few months about where we stand regarding the different asset classes, so there’s not much left to do other than wait and see how prices settle by the end of the week.
With that said, here are a few charts we’re watching through Friday’s close.
by Tom Bruni
Today we’re updating our outlook for global markets and providing ideas to profit in the second half of 2019.
Part 1 of this playbook will provide our perspective on all four asset classes and update our views on the major themes within India that we’re paying attention to.
Part 2 of this playbook will consist of our top individual stock trade ideas.