As we look for signs of a tradeable low in Equities, we’re not only looking at breadth and the stock market’s leaders, we’re also looking to the Commodity market for a signal of what’s to come.
Let’s get into why Copper needs to be on your radar.
Expert technical analysis of financial markets by JC Parets
by Tom Bruni
As we look for signs of a tradeable low in Equities, we’re not only looking at breadth and the stock market’s leaders, we’re also looking to the Commodity market for a signal of what’s to come.
Let’s get into why Copper needs to be on your radar.
by Tom Bruni
In our last post, we looked at the implications of the Nifty 500’s breadth and momentum divergences.
In this post, we’re outlining the three charts we’re watching this week to help determine risk appetite for stocks.
by Tom Bruni
Last week we started to see a few momentum and breadth divergences form in Indian stocks, however, they’ve not yet been confirmed by price.
In this post, we’re going to outline what price level in the Nifty 500 would confirm them, what confirmation would mean for our intermediate-term outlook, and how we’re managing risk in both scenarios. [Read more…]
by Tom Bruni
Warning signals were piling up throughout 2020, but weak breadth has been an underlying issue for Indian stocks since they made new highs in August 2016.
While we wait for breadth and momentum divergences to form and suggest getting aggressive on the long side, we’re going to look back at how the average Nifty 500 stock has performed over the last 3.5 years and why this data is relevant to today’s market.
by Tom Bruni
While we wait for the breadth and momentum divergences to develop in the equity markets, we’re taking advantage of other markets that offer uncorrelated trade opportunities.
Today, we’re looking at Jeera and Crude Palm Oil on the long side.
by Tom Bruni
In this type of environment, our focus has been on capital preservation as opposed to capital appreciation.
We’ve gotten a lot of questions about Metals during this time, so this post will review why we’ve been out and what would get us involved again.
by Tom Bruni
This is the recording from the live March 2020 Conference Call for Members of the Allstarcharts India! Before getting into individual stock ideas in India, we’re going to first start with the global macro perspective. Once we identify the direction of the underlying trends from a structural and broader view, then we’ll dive into the NIFTY Indexes on both longer-term and short-term timeframe. We want to look at Large-caps, Small-caps and everything in between before getting into the Sector and Industries themselves like Energy, Banks and Pharma.
This is when we finally break things down to the individual stock scenario with identified risk vs reward opportunities. That is what this is all about – aligning ourselves in the direction of the underlying trend while at the same time identifying where the risk is to make sure the potential reward is skewed exponentially in our favor. You will find that throughout this process we discuss Momentum, Fibonacci and Relative Strength. I encourage you to check out the Education Section so you know exactly where I’m coming from when you hear me mention these tools.
Here is the video in full:
by Tom Bruni
We got a lower low in equities, followed by continued weakness rather than stabilization. Heavy cash positions and a defensive posture remains best in this historically volatile environment.
Given how quickly things are moving, there are three charts on our screen that will help identify when a shift in the market is occuring.