- Recent leaders have become near-term laggards, with Energy and Financials dropping to the bottom of the shorter-term relative strength rankings. Energy remains strong overall across the rankings and our industry group heat map. The cooling in Financials could be more significant.
- Materials is gaining strength from a sector ranking perspective and is seeing improving trends in our industry group work. We are also seeing pockets of strength within Industrials (Capital Goods and Transportation) and Tech (Semiconductors).
Follow The Flow (11-15-2021)
From the desk of Steve Strazza @sstrazza
This is one of our favorite bottom-up scans: Follow The Flow. In this note, we simply create a universe of stocks that experienced the most unusual options activity — either bullish or bearish… but NOT both.
We utilize options experts, both internally and through our partnership with The TradeXchange. Then, we dig through the level 2 details and do all the work upfront for our clients. Our goal is to isolate only those options market splashes that represent levered and high-conviction, directional bets.
We also weed out hedging activity and ensure there are no offsetting trades that either neutralize or cap the risk on these unusual options trades. What remains is a list of stocks that large financial institutions are putting big money behind… and they’re doing so for one reason only: because they think the stock is about to move in their direction and make them a pretty penny.
Then we flip through our list of stocks flashing unusual activity and pick the best setups using many of the same technical filters we do for our other scans. And just like that, we’ll follow the money flow and fatten our own pockets along with some of the world’s most powerful financial institutions.
[PLUS] Weekly Momentum Report & Takeaways
From the desk of Steve Strazza @Sstrazza
Check out this week’s Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.
By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the big picture context and provides insights regarding the structural trends at play.
Let’s jump right into it with some of the major takeaways from this week’s report:
* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.
[PLUS] Weekly Top 10 Report
From the desk of Steve Strazza @Sstrazza
Our Top 10 Charts Report was just published.
In this weekly note, we highlight 10 of the most important charts or themes we’re currently seeing in asset classes around the world.
The Bond Market Has the Answers
Another potential bearish development that is on our radar right now is continued pressure on the long end of the yield curve. While the short end has held up much better, we’ve seen long-duration rates crumble back toward their summer lows over the last month or so. While treasury spreads have contracted and the curve has flattened a bit since the summer, we don’t find these developments too concerning considering where yields have come from since last summer. It’s only normal for the short-end to play catch up a bit in a rising rate environment. Although, what bulls definitely do not want to see, is yields break down to new lows on an absolute basis. Since the long end is moving the fastest, the weakness will show up there first. As such, we’re watching the 30-Year US Yield very closely as it retests its key summer lows. It appears to have found support there for now. [Read more…]
Gold Miners don’t need Crypto Wallets
Saturday Morning Chartoons: Buy High & Sell Higher
This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.
[PLUS] Weekly Observations & One Chart for the Weekend
From the desk of Willie Delwiche.
I’m no crypto expert – I don’t even play one on TV. But every week seems to bring a new story about ways in which cryptocurrencies will not only stick around but see wider usage in the economy and as financial instruments. I have no idea if this will be the case, but new highs this week in Ethereum (and others) suggest the market is looking in that direction. Whether it is an investing fad, gold for a new generation of investors or an entirely new asset class remains to be seen. A survey published by Pew Research this week shows that while nearly half (43%) of males 18-29 have invested/traded/used cryptocurrencies, only about one-sixth of the overall US adult population has done so. So if it is sticking around, it could very well still be early days for this space. We’ve dipped our toes in this water, using ETHE to gain exposure in our Tactical Opportunity Portfolio. It’s been volatile this year, but the trend (which we are following) has been up and to the right. Regardless of asset class, new highs are hard to ignore.
International Hall of Famers (11-12-2021)
From the desk of Steve Strazza @Sstrazza
Our International Hall of Famers list is composed of the 50 largest US-listed international stocks, or ADRs. We’ve also sprinkled in some of the largest ADRs from countries that did not make the market cap cut.
These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.
It’s got all the big names and more — but only those that are based outside the US. You can find all the largest US stocks on our original Hall of Famers list.
The beauty of these scans is really in their simplicity.
We take the 50 largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.
Let’s dive in and take a look at some of the most important stocks from around the world.
- « Previous Page
- 1
- …
- 366
- 367
- 368
- 369
- 370
- …
- 622
- Next Page »