Quick update on our NKLA trade that we entered on Wednesday. [Read more…]

Believe it or not, there’s a “tech” stock out there that is ripe for a short trade.

I know, I know…. shocking. I was surprised too.

And it’s offering a nice bounce to sell into today, so let’s get to it! [Read more…]

Well, since we’re all stuck at home for the foreseeable future, we might as well spend some money on making “home” the best we can make it. Those long dormant “some day” projects that have been rattling around our brains all seem to be taking on a smidge more importance these days.

Americans seem to be getting back to work — at home, ON the home. The chart of Home Depot $HD share price certainly bares this out as we’re currently hanging out at levels above the pre-coronavirus selloff: [Read more…]

In the most recent ASC Monthly Conference Call, JC was bullish on Slack Technologies, $WORK. So, it’s time to get to work on today’s pullback and take advantage of the opportunity to participate at better prices. [Read more…]

Bullish internet stocks continues to be a theme that interests me. Regardless of your political affiliation or taste for conspiracy theories, the effects of the pandemic are still being felt and life doesn’t appear to be getting back to “normal” any time soon.

This means many people still need ways to find ways to shop and entertain themselves at home.

In the latest monthly conference call for All Star Charts subscribers, JC highlighted some stocks in the internet sector that should continue to benefit in this tape. Does the story help? Sure, but more importantly the charts are telling the real story. [Read more…]

If you believe the longer-term uptrend is still in tact, then you have to love opportunities to buy on the dip during market pullbacks.

And the best place to look for these dips is in the strongest sectors that have been leading us higher since the depths of March. The software sector is in my sights today. [Read more…]

In a recent post on Chinese Internet stocks, the team laid out the bullish case for why many of these names look set up to run. Since publishing this post, many of the names discussed have indeed begun breaking out higher.

And one of the names with a pretty impressive base is looking like it’s about ready to join it’s friends. [Read more…]