It’s the weekly commodity edition of What the FICC?
I want to share with you a trade idea I wouldn’t have considered a year ago…
Check it out!
Expert technical analysis of financial markets by JC Parets
by Ian Culley
It’s the weekly commodity edition of What the FICC?
I want to share with you a trade idea I wouldn’t have considered a year ago…
Check it out!
by JC
Remember last year when everyone was bearish?
And I mean everyone!
It was funny, there I was telling people it was a new bull market, because we actually do the work around here, but investors weren’t buying it.
In fact, we saw 44 consecutive weeks of more bears than bulls among individual investors. This was an even longer streak than we saw during the Financial crisis. Longer than COVID.
People were really angry.
You can see the AAII Bulls and Bears, along with their consecutive streaks plotted below: [Read more…]
by JC
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.
From the desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Our Hall of Famers list is composed of the 150 largest US-based stocks.
These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.
It has all the big names and more.
It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that which you can check out here.
The Hall of Famers is simple.
We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.
Let’s dive right in and check out what these big boys are up to.
by Ian Culley
From the Desk of Ian Culley @IanCulley
I want to share with you a trade idea I wouldn’t have considered a year ago.
I balked at first. This trade’s simply not in my wheelhouse. But I’ve learned so much here at All Star Charts over the past three years.
And “to be open-minded” has been one of the most impactful lessons.
Now, this setup has my full attention. Risk is well-defined, and the upside potential is heavily skewed in our favor.
I can see the spin on the pitch.
I’m talking about natural gas… [Read more…]
by Ian Culley
It’s the weekly bond edition of What the FICC?
I thought it was odd bonds didn’t react to last week’s rate hike. Regardless, the lack of volatility represents a positive development for risk assets, especially stocks.
Check it out!
I’ve been enjoying a (new to me) book recently. Today, I came across this passage that stopped me in my tracks:
Trading is a journey, not a destination. So you’re a trader. Now what? Trading is a constant process of intellectual and emotional growth, and people who trade for twenty years are still learning what to do and who to be when they finally hang it up.
From Street Freak, A Memoir of Money and Madness, by Jared Dillian.
It was almost like Jared was staring at me when he typed those words.
They hit home.
I’ve been in this game for over 20 years now. This coming summer will be the start of my 25th year! [Read more…]
by Ian Culley
From the Desk of Ian Culley
Markets don’t always trend higher or lower. In fact, traders often deal with churn – which sometimes is nothing more than a range-bound mess.
“Sideways” is a trend that’s all too easy to forget after last year’s historic volatility. Even bonds became risk assets in 2022!
I found it odd when bonds failed to react to last week’s rate hike along with other long-duration assets.
But the lack of bond market volatility might be exactly what risk assets, especially stocks, need right now.