The Small-cap stock indexes haven’t been able to make any progress all year.
But not every Small-cap Index is created equal.
Let’s take a look at the two most popular:
Russell2000 Small-cap Index & S&P600 Small-cap Index. [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
The Small-cap stock indexes haven’t been able to make any progress all year.
But not every Small-cap Index is created equal.
Let’s take a look at the two most popular:
Russell2000 Small-cap Index & S&P600 Small-cap Index. [Read more…]
by JC
These are the registration details for our LIVE Mid-month Conference Call for Premium Members of All Star Charts.
Our Live Call will be held on Monday March 18th @ 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 Friday afternoon: [Read more…]
by Ian Culley
From the Desk of Ian Culley @IanCulley
Gold is silencing all the haters – even me!
I’ll admit, I had my doubts.
But I also carried an unnerving suspicion buyers would strike as soon as I dropped my guard…
From the Desk of Steve Strazza @Sstrazza
Welcome to The Minor Leaguers.
We’ve had some great trades come out of this small-cap-focused column since we launched it back in 2020 and started rotating it with our flagship bottom-up scan, Under the Hood.
For the first year or so, we focused only on Russell 2000 stocks with a market cap between $1 and $2B.
That was fun, but we wanted to branch out a bit and allow some new stocks to find their way onto our list.
We expanded our universe to include some mid-caps.
To make the cut for our Minor Leaguers list now, a company must have a market cap between $1 and $4B.
And it doesn’t have to be a Russell component — it can be any US-listed equity. With participation expanding around the globe, we want all those ADRs in our universe.
The same price and liquidity filters are applied. Then, as always, we sort by proximity to new highs in order to focus on the best players.
The goal is to catch the strongest names while they’re small and have serious upside potential. If any of these stocks ever climb the ranks to the big leagues, the returns could be huge.
We’re looking at up to 10x moves just to break into large-cap land!
Let’s dive into this week’s report and see what’s happening in some of the hottest stocks in the Minor Leagues.
Steve Strazza and I hosted another Flow Show today on Stock Market TV and discussed opportunities in the Biotech space.
Starting at an index level, we see that biotechs are clearing a base and appear set on breaking out:
From there, we started diving into some individual biotech names to play the breakout, but many of the charts offered unique challenges that made it tricky to pick one to take the most advantage or the sector breakout.
So when that happens, sometimes the best move is simply to buy the index!
And that’s what we’re going to do here, using the sector ETF $XBI as a vehicle for expressing our bet.
Here’s the Play: [Read more…]
by JC
Stocks are down again to start the week.
All of this while Bitcoin is making new all-time highs this morning:
BTCUSD: $72,000
Get all our Crypto Trades Here – Bitcoin and Altcoins
Meanwhile, there’s a Dow Theory Divergence that continues to cast a huge cloud over the US Stock Market.
We saw the exact same divergence just before the Covid crash.
Notice how the Dow Jones Industrial Average is making new highs, but the Dow Jones Transportation Average is nowhere near new highs. [Read more…]
by JC
Did you see Gold break out to new all-time highs?
These are the highest prices ever for Gold, in all of human history.
But if you’re paying attention, you’ll notice how Gold prices move first, and then Bitcoin follows: [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.