Last week we retired our “Five Bull Market Barometers” to make room for a new weekly post that’s focused on the three most important charts for the week ahead.
This is our first edition, so let’s jump right into it.
Expert technical analysis of financial markets by JC Parets
by Tom Bruni
Last week we retired our “Five Bull Market Barometers” to make room for a new weekly post that’s focused on the three most important charts for the week ahead.
This is our first edition, so let’s jump right into it.
by Tom Bruni
About a month ago we outlined the thesis that Reliance Industries had another 35% of upside ahead.
We’re well on our way to that target and have been getting a lot of questions about the stock, so let’s follow up and see what’s happening.
by Tom Bruni
We’ve been talking about Silver since its initial breakout in late May, but over the last few weeks, that breakout accelerated and took prices to their highest levels since 2012.
In this week’s “Chart Of The Week” we want to provide perspective on the recent move and discuss what’s next for Silver and Precious Metals.
by Tom Bruni
This is the recording from the live July 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
In early May we outlined the “Five Bull Market Barometers” we’re watching to identify the beginning of a new bull market in stocks.
If you haven’t read our initial post linked above, we’d encourage you to check it out so you understand what the rationale behind these five indicators is.
Now, let’s see where these indicators ended the week.
by Tom Bruni
This post is a follow-up to yesterday’s “How We’re Approaching New Long Setups” and our Q2 Playbook, so we’d highly recommend reading those two pieces first if you haven’t already.
In this post we’re going to dive into the stocks we want to be buying. [Read more…]
by Tom Bruni
Despite new recovery highs in the US and other international markets, India has been struggling in the short-term to maintain its upward momentum.
In this post, we’re outlining some things that are important for Equities in the short-term and how we’re approaching stocks on the long side.
by Tom Bruni
Copper continues to rip to the upside, but one chart suggests that the entire Base Metals’ space is making upward progress.
Today we’re taking a look at that chart and what its implications are for Equities going forward.
[Read more…]