We retired our “Five Bull Market Barometers” in mid-July to make room for a new weekly post that’s focused on the three most important charts for the week ahead.
This is that post, so let’s jump into this week’s edition.
Expert technical analysis of financial markets by JC Parets
We retired our “Five Bull Market Barometers” in mid-July to make room for a new weekly post that’s focused on the three most important charts for the week ahead.
This is that post, so let’s jump into this week’s edition.
June 2021 is officially over. And what does that mean? For starters, it means that we have monthly closing prices (you know how much we love those). And what this also means is that 2021 has six months remaining.
Time is funny that way, it can feel like it’s going fast and slow at the same time. But we gotta do what we gotta do. So we will gladly look at the monthly charts and keep our long-term views in check while deciphering short-term moves.
This is a recap of what has happened over the past six months, in a nutshell. For more comprehensive insights, watch out for our Monthly conference call next week! [Read more…]
Earlier this week we shared a couple of trading ideas in the Commodities space. While Cotton as a commodity continues to shine through, we’re seeing some movement in the related stocks as well.
Today we’re here to connect the dots and see the impact of the rise in commodity prices on the related stocks.
So let’s dive in!
We debuted a new scan recently which goes by the name- All Star Momentum.
All Star Momentum is a brand new scan that pinpoints the very best stocks in the market. This time around, we have incorporated our stock universe of Nifty 500 as the base. Among the 500 stocks that we follow, this scan will pump out names that are most likely to generate great returns.
Honestly, very little is currently moving up in commodities. For quite some time now we’ve been updating our stance on the commodity cycle and what we think of it. But over the past few months, the market has been messy, to say the least. In this kind of a mess, I find myself questioning the move in the base metals and precious metals pretty often. And while we haven’t gotten any confirmation on that front, the confusion persists.
So then, what are we talking about here today? Let’s take a look inside!
This week we’re looking for a long setup in the Financial Services sector. Slowly, we’re seeing a resolution in trend in the names that we’ve been tracking. And this is one of them.
We retired our “Five Bull Market Barometers” in mid-July to make room for a new weekly post that’s focused on the three most important charts for the week ahead.
This is that post, so let’s jump into this week’s edition.
We held our June Monthly Conference Call on 22nd which our Premium Members can access and rewatch here.
In this post, we’ll share five of the most important charts along with JC’s commentary of them and a brief explanation for each.