Not sure if you got the memo, but this is still a Bull Market in stocks.
That hasn’t changed.
Just to be clear.
And this, I think, is where defining who you are and your time horizon is really important. [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
Not sure if you got the memo, but this is still a Bull Market in stocks.
That hasn’t changed.
Just to be clear.
And this, I think, is where defining who you are and your time horizon is really important. [Read more…]
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.
by Ian Culley
From the Desk of Ian Culley @IanCulley
US Treasuries are taking a back seat to risk assets.
Bond market volatility is declining. Credit spreads are tightening. And Emerging Market high-yield bonds ($EMHY) are breaking out.
Meanwhile, stocks are posting new all-time highs.
So, how high will interest rates climb over the near term?
My gut tells me not far — at least not in the coming weeks or months…
by Ian Culley
From the Desk of Ian Culley @IanCulley
What happened to those everyday commodity contracts the average investor follows?
I’m talking about crude oil, gold, and copper.
These days, it’s all about cattle futures, orange juice, or cocoa hitting an all-time high.
I’m sure everyone down at the NYMEX or the folks over at the CBOT in Chicago are having a ball. But what about the stock traders trying to get a piece of the action?
Sure, the energy trade is starting to work again. But gold has been a range-bound mess since the summer of 2020. And gold mining stocks have been an absolute dumpster fire.
It just doesn’t make sense amid a commodity bull run…
From the desk of Steve Strazza @Sstrazza
Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.
We’ve also sprinkled in some of the largest ADRs from countries that did not make the market cap cut.
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 largest US stocks on our original Hall of Famers list.
The beauty of these scans is really in their simplicity.
We take the largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.
Based on the market environment, we can also flip the scan on its head and filter for weakness.
Let’s dive in and take a look at some of the most important stocks from around the world.
by JC
What a month for investors!
My understanding is that due to higher inflation, February now has 29 days.
And so here we are: March 1st.
You know what that means?
New Monthly Charts are now available, and we’ll be going over it all together this Monday March 4th @ 6PM ET.
Premium Members can register for that here.
In the meantime, check out the monthly candlesticks for Crude Oil Futures. Look at this massive base above support: [Read more…]
by JC
One thing we’ve learned from well over 100 years of Tradfi, is that during bull markets the laggards catch up to the leaders.
We see the opposite during bear markets, where the remaining leaders end up catching down to the culprits that are already leading the way lower.
You see, with Bitcoin and Ethereum getting all the headlines with their new highs this month, Solana had been the largest crypto currency that was missing in action.
And well here you have it, Solana now joining the party, and being added to the new 52-week high list: [Read more…]
by JC
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 March 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: [Read more…]