Sector rotation is the lifeblood of a bull market.
I would encourage you to go back and study every bull market in history. Do you know what you’ll find?
Sectors rotating.
And this bull market is no different. [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
Sector rotation is the lifeblood of a bull market.
I would encourage you to go back and study every bull market in history. Do you know what you’ll find?
Sectors rotating.
And this bull market is no different. [Read more…]
by JC
This is the video recording of our December 4th Monthly Charts Live Strategy Session
From the Desk of Steve Strazza @sstrazza and Alfonso Depablos @Alfcharts
This is one of our favorite bottom-up scans: Follow the Flow.
In this note, we simply create a universe of stocks that experienced the most unusual options activity — either bullish or bearish, but not both.
We utilize options experts, both internally and through our partnership with The TradeXchange. Then, we dig through the level 2 details and do all the work upfront for our clients.
Our goal is to isolate only those options market splashes that represent levered and high-conviction, directional bets.
We also weed out hedging activity and ensure there are no offsetting trades that either neutralize or cap the risk on these unusual options trades.
What remains is a list of stocks that large financial institutions are putting big money behind.
And they’re doing so for one reason only: because they think the stock is about to move in their direction and make them a pretty penny.
Then we flip through our list of stocks flashing unusual activity and pick the best setups using many of the same technical filters we do for our other scans.
And, just like that, we’ll follow the money flow and fatten our own pockets along with some of the world’s most powerful financial institutions.
by Louis Sykes
From the Desk of Louis Sykes @haumicharts
We’ve been all over this one.
Two weeks ago, we couldn’t help but discuss the impressive move out of the silver/gold ratio, pointing to risk appetite in the precious metals space.
Now, gold’s crazy little cousin is pressing up against new 52-week highs.
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
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.
From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
It’s a bull market. November, being one of the best months in history, acts as a great reminder of that.
It’s time to be aggressive.
We want to press our winners.
We want to buy short-term continuation breakouts.
We want to buy fresh reversal patterns.
We want to buy new all-time highs.
That’s the market we’re in. Let’s act accordingly.
Here are some of our favorite hot corner setups right now:
by JC
Remember when they told you Black Monday was coming?
Remember how the yield curve was the greatest indicator of recessions and bear markets ever?
How about that time they told you a war was a bad thing for stocks?
The best one was how they told you that market breadth was weak. “It’s only 7 stocks, JC”, lol.
None of the people telling you these things actually took the time to count how many stocks were going up.
If they had, then they wouldn’t have to tell you fairytales about recessions and credit events.
As it turns out, November was one of the greatest months in stock market history: [Read more…]