One of the things that stuck out to me during this weekend’s chart review was the Nifty Private Index, particularly on a relative basis.
Let’s take a look at the chart and what’s happening with it.
Expert technical analysis of financial markets by JC Parets
by Tom Bruni
One of the things that stuck out to me during this weekend’s chart review was the Nifty Private Index, particularly on a relative basis.
Let’s take a look at the chart and what’s happening with it.
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
Thank you to everyone who responded to this week’s mystery chart.
Most people were buyers of this one…and most thought it was a stock-related chart, but it wasn’t. Try again next week.
Anyway, let’s take a look. [Read more…]
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
As we head into year end there’s a lot going on in markets, particularly on the macro and intermarket front.
With that being said, I gotta give the people what they want so today’s Chart of The Week is going to focus on a trade setting up in one of 2019’s most controversial stocks…Beyond Meat.
by Tom Bruni
When we talk about Equities, we need to think about them holistically as an asset class as opposed to simply focusing on the individual stock or sector or index we’re looking at. [Read more…]
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
New Mystery Chart!
For those new to the exercise, we take a chart of interest and remove the x/y-axes and any other labels that would help identify it. The chart can be any security in any asset class on any timeframe on an absolute or relative basis. Maybe it’s a custom index or inverted, who knows!
We do all this to put aside the biases we have associated with this specific security/the market and come to a conclusion based solely on price.
You can guess what it is if you must, but the real value comes from sharing what you would do right now. Buy, Sell, or Do Nothing?
by Tom Bruni
Over the last few weeks, Equities in India have been dealing with a near-term “oops” that led to the corrective period prices are currently in.
With that in mind, there are stocks that have handled this correction with ease and look ready to head higher.
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
Mobile Payment stocks have been a key part of our focus on the Technology theme taking place across various sectors of the market.
Since the summer the space has cooled off a bit but is back at levels where it would make sense for the trend to reaccelerate to the upside.
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
Thank you to everyone who responded to this week’s mystery chart.
Everyone was a seller of this one…and most thought it was an inverted chart, but it wasn’t. Try again next week.
Anyway, let’s take a look. [Read more…]