The Nasdaq just went out last week at new 7-month highs.
Growth stocks are back.
But why?
Interest Rates are falling at a record pace.
And when you look at the intermarket relationships, it makes a lot of sense: [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
The Nasdaq just went out last week at new 7-month highs.
Growth stocks are back.
But why?
Interest Rates are falling at a record pace.
And when you look at the intermarket relationships, it makes a lot of sense: [Read more…]
by JC
US interest rates have fallen to their lowest levels since Q3 last year.
And with falling rates has come a consistent bid into Technology and growth all year so far.
That has driven the Nasdaq100 to its highest weekly close in 7 months: [Read more…]
by JC
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.
From the desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
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.
by Ian Culley
From the Desk of Ian Culley @IanCulley
I can’t think of a better time to review the major commodity indexes.
The rising rate environment is reversing, and it’s taking commodities with it.
Let’s dive in and see what’s going on in the space! We also need to check in with a key intermarket ratio, revealing where we want to position ourselves in the coming months and quarters.
From the desk of Steve Strazza @Sstrazza
Monday night we held our March Monthly Conference Call, which Premium Members can access and rewatch here.
In this post, we’ll do our best to summarize it by highlighting five of the most important charts and/or themes we covered, along with commentary on each
Let’s get right into it!
by JC
With Financials continuing to fall apart, we’re focused on the assets that are making new highs – Bitcoin and Gold being 2 of them.
I was on Fox Business yesterday talking about the importance of the 2007 highs in the Financials Index.
I mean, do I really know my risk?
Stocks and Futures traders like to talk about how they use stop-loss orders to define their risks, and that’s smart.
A lifetime ago I managed a small, independent hedge fund that traded commodities with a trend-following strategy. This strategy entered positions that I’d attempt to hold for weeks or months (if they were working).
Every position I had on had a resting stop-loss order working in the market, giving me comfort that I knew the most I could lose if I was wrong.
All that comfort I was enjoying changed one day after a trip to my clearing firm’s office in downtown Chicago.
I sat down with one of the firm’s risk managers for a simple “get-to-know-you” chat. He was curious about my trading and just wanted to get to know me a little better and see if there were any ways in which he could help me get to the next level.
We got into the weeds of my trading strategy and he was nodding along in agreement that he was in favor of what I was doing and he thought the returns I was earning were impressive and better than average for accounts of similar size with that firm.
When we got on to the topic of how much risk I was taking in each position, I had my riff on position sizing and trailing volatility stop-loss orders ready to rip.
But then, mid-speech, he interrupted with a show-stopper: [Read more…]