This is the video recording of the February 2nd Weekly Town Hall w/ Willie Delwiche & JC Parets
02/03/22 2:00 PM ET [Read more…]
Expert technical analysis of financial markets by JC Parets
by Peter
This is the video recording of the February 2nd Weekly Town Hall w/ Willie Delwiche & JC Parets
02/03/22 2:00 PM ET [Read more…]
by Peter
From the desk of Willie Delwiche.
It’s difficult to stay on top of things if you don’t periodically pause for reflection.
What did you do yesterday that you want to do more of tomorrow? What do you want to do less of tomorrow? Rarely is any single day a make or break situation. But success over time is about leaning into the things that work and leaning away from the things that don’t work.
From an investing perspective, it’s about trusting prices and their trends. This involves tilting toward the parts of the market that are moving higher, while avoiding areas that are moving lower. It’s about avoiding “should” and dealing with “is”. The market is dealing with a negative reaction to disappointing data from several stocks that are in well-established downtrends as I type. That really shouldn’t be that big of a surprise. Stocks making new lows tend to be those in downtrends, while those making new highs tend to be those that are in uptrends. That’s the way the world works.
Last week I mentioned ordering seeds and starting to plan the summer garden. In addition to taking stock of what we had left from last year, we also had to ask ourselves questions about what worked and what didn’t, what we wanted more of, and what we could do without.
What did we figure out?
by JC
You guys know me by now. I’m not exactly “Mr. Seasonality” where we follow seasonal trends tick for tick.
That’s not how markets work.
BUT, I do think it’s important to put things into context. In fact, 2021 followed seasonal trends better than any year in recent memory.
Take a look at last year’s tracking of our Cycle Composite. That was right on point wasn’t it? [Read more…]
by JC
We’re buying the $CVX January 2024 150-strike call options. Yes LEAPS!
Check out our short video with the thought process behind this trade: [Read more…]
From the desk of Steve Strazza @Sstrazza
We held our February Monthly Strategy Session Tuesday night. Premium Members can access and re-watch it here.
Non-members can get a quick recap of the call simply by reading this post each month.
By focusing on long-term, monthly charts, the idea is to take a step back and put things into the context of their structural trends.
This is easily one of our most valuable exercises as it forces us to put aside the day-to-day noise and simply examine markets from a “big picture” point of view.
With that as our backdrop, let’s dive right in and discuss three of the most important charts and/or themes from this month’s call.
by Ian Culley
From the desk of Steven Strazza @Sstrazza and Ian Culley @IanCulley
The path of least resistance is higher for yields, as the market continues to punish investors for buying bonds.
As long as that’s the case, we want to look for short opportunities when approaching the bond market.
Since the shorter end of the curve has ripped higher, the moves in these contracts and ETFs are extended. They simply don’t offer favorable risk/reward trade setups at current levels.
We’re better off looking for ways to play rising yields further out on the curve in this environment.
We’re going to discuss how to do just that by covering a few charts that are setting up on the short side.
by Peter
From the desk of Willie Delwiche.
With the weight of the evidence turning neutral and our tactical risk management model arguing for more caution, we have reduced our equity exposure and raised some cash in our Cyclical and Tactical Opportunity Portfolios.
by Louis Sykes
If you’ve been involved with crypto, you’ve probably heard the term “whales” thrown around countless times. There’s an almost conspiracy-like aura surrounding this cohort of Bitcoin holders.
With an incredible amount of attention placed on this trader cohort, it’s important to understand their role in driving price action, macro trends, and more importantly, following their movements.
So, first things first, what even is a “whale”?