Expert technical analysis of financial markets by JC Parets
Here’s the latest Gold Report. In this 35-page PDF, you’ll find:
After a massive run in the Nifty Major Indices over the last three weeks, Wednesday we got our first sign of waning enthusiasm and a key inflection point to trade against. [Read more…]
From the desk of Steve Strazza @Sstrazza and Louis Sykes @haumicharts
At the beginning of each week, we publish performance tables for a variety of different asset classes and categories along with commentary on each.
Looking at the past helps put the future into context. In this post, we review the relative strength trends at play and preview some of the things we’re watching in order to profit in the weeks and months ahead.
Last week, we mentioned we were no longer in a split market, but rather in an environment supported by strong internals and an aggressive appetite for risk assets.
This week, we’re preaching much of the same.
From the desk of Steve Strazza @Sstrazza.
Welcome to our “Under The Hood” column for the week ending November 20, 2020.
What we do is analyze the most popular stocks during the week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.
We use a variety of sources to generate the list of most popular names. There are so many new data sources available that all we need to do is organize and curate them in a way that shows us exactly what we want: A list of stocks that are seeing an unusual increase in investor interest.
Whether we’re measuring increasing interest based on large institutional purchases, unusual options activity, or simply our proprietary lists of trending tickers… there is a lot of overlap.
The bottom line is there are a million ways to skin this cat. Relying on our entire arsenal of data makes us confident that we’re producing the best list each week and gives us more optionality in terms of finding the most favorable trade setups for our clients.
This week we’re looking at a long setup in the Chemicals space.
Remember when small and mid-Caps were the laggards?
Yea good times right?
Well, no mas my friends!
In this chart you can see the Large-cap growth stocks grouped to the upper left while the Small, Mids & Micro-caps are to the lower right.
[Read more…]
Last week we discussed our improving views on the Nifty FMCG, focusing on Dixon Technologies. We followed up on that discussion with more info during our Members-Only Conference Call.
Our friends over at Bloomberg reached out to us for some updated analysis, so we wanted to share what we told them here.
We hope this helps reiterate our views on the sector.
