This has to be it right?
How is this one not the world’s most important chart?
With the US 10-year Yield hitting the highest levels in 15 years, Crude Oil has caught a bid lately hitting the highest levels all year. [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
This has to be it right?
How is this one not the world’s most important chart?
With the US 10-year Yield hitting the highest levels in 15 years, Crude Oil has caught a bid lately hitting the highest levels all year. [Read more…]
From the Desk of Steve Strazza @Sstrazza
Monday night we held our September Monthly Conference Call, which Premium Members can access and rewatch here.
In this post, we’ll do our best to summarize it by highlighting five of the most important charts and/or themes we covered, along with commentary on each.
Let’s get right into it!
by JC
This is the video recording of the September 2023 Mid-month Conference Call.
by JC
How was your summer?
Ready to make some money this Fall?
Last night was our LIVE Monthly Charts Strategy Session for Premium Members of Allstarcharts.
This is where we go over everything happening in the current markets.
The chart of the S&P500 is a great representation of the circumstances right now.
Stocks are correcting and stuck in a range during a perfectly normal time to be digesting their historic gains. [Read more…]
by JC
This is the video recording of our September 5th Monthly Charts Live Strategy Session
by JC
Oil prices just went out at their highest monthly close since last October. That was almost a year ago.
The trend for Crude Oil has turned up.
Here’s all that former resistance from 2018 turning into support more recently: [Read more…]
by JC
With stocks selling off this quarter, the bears are back.
Could you imagine still telling yourself that the rally we got in equities over the past year was a bear market?
What kind of serial killer thinks like that?
A 3-5% correction in some of the major Indexes can cause people to lose their minds.
Heck, you may be wondering yourself if this is the beginning of a huge move lower for stock prices. I certainly am.
Remember, every big move starts with a small one. But not every small move turns into a big one.
That’s where Credit Spreads come in. If there is real stress in the market, you’re going to see it in credit.
But as stock prices corrected this month, Credit Spreads only got more narrow.
Here’s an easy way to view that, comparing the prices of High Yield Bonds vs US Treasury Bonds: [Read more…]
by JC
This is the video recording of the August 2023 Mid-month Conference Call.