In addition to the updates we’ve done about the broader market here, here, here, and here, a lot of you have been emailing us asking for more individual trade ideas. Given that we have to be a lot more selective in this environment, I’m going to use this post to outline a number of setups on the long side. The posts linked above explain why we have a long bias. [Read more…]
In July I looked at the trend and momentum readings of stock markets around the world and India’s Sectors to identify the overall risk appetite for Equities. Today’s update will perform the same exercise and compare the results to determine if breadth has improved, deteriorated, or stayed the same, as well as what the implications of these changes are.
Stocks, Commodities, Currencies, this long post will cover all of them as we discuss market conditions heading into year end.
Mid and small-caps have been hit hard over the last month, so I wanted to do a quick update post on how we should be approaching these indexes over the short-term.
In life we have the saying “Make hay while the sun shines”, suggesting that we take advantage of something while conditions are favorable because we don’t know when those conditions will end or when they will be favorable again. In markets it’s similar in that we want to be our most aggressive when the majority of the evidence is pointing in one direction or another.
During last week’s Members-Only Conference Call we discussed a lot of themes, including some potential improvements in the price action of Gold and other metals. However, in this quick post I want to highlight some opportunities that may potentially emerge in the Base Metal space over the next few weeks and months.
This is the recording from the live September 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 and SENSEX 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: