That was a nice push in the market today.
$SPY finally closed its gap to 387.89.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
That was a nice push in the market today.
$SPY finally closed its gap to 387.89.
From the Desk of Steve Strazza @Sstrazza
Welcome to our annual edition of Young Aristocrats.
Dividend Aristocrats are easily some of the most desirable investments on Wall Street.
These are the names that have increased dividends for at least 25 years, providing steadily increasing income to long-term-minded shareholders.
As you can imagine, the companies making up this prestigious list are some of the most recognizable brands in the world.
Coca-Cola, Walmart, and Johnson & Johnson are just a few of the household names making the cut.
Here at All Star Charts, we like to stay ahead of the curve. That’s why we’re turning our attention to the future aristocrats.
In an effort to seek out the next generation of the cream-of-the-crop dividend plays, we’re curating a list of stocks that have raised their payouts every year for five to nine years.
We call them the Young Aristocrats, and the idea is that these are “stocks that pay you to make money.”
Imagine if years of consistent dividend growth and high momentum and relative strength had a baby, leaving you with the best of the emerging dividend giants that are outperforming the averages.
By adding our technical analysis to the mix, the Young Aristocrat setups give you the opportunity to own the best of the market’s future blue-chip winners before they become must-own household names.
Often, the strongest performers in this universe — and even the Aristocrats themselves — pay relatively small dividends.
This is usually because the stock appreciation makes it tough to keep up with the payout — even for companies that consistently grow their yield in the double-digits!
For this reason, we don’t have a minimum threshold for the dividend. What we’re really doing here is creating a list of quality stocks based on their ability to persistently grow their shareholder return.
And maybe the best part?
This list is not just designed for long-term investors. Any kind of investor or trader can use this list as it helps generate ideas across all timeframes, even the short term.
Remember, some of the most important filters we use for this list are momentum, relative strength, and proximity to new highs.
by David
From the Desk of Kimmy Sokoloff
We’ve got big economic data coming out at 8:30 a.m. ET, the December nonfarm payrolls report.
So, whatever I write, it might be a moot point very soon.
by David
Where have all the insiders gone?
It’s been a slow start to the year for insider filings. However, we do have a few good ones on our list today.
by JC
It’s a new year with new leaders emerging in the market. So what better time to drop in and chat with our friends over on Fox Business about what’s going on.
Charles likes my Ratio charts so we took a look at some of those.
But I think the bigger point here is that Gold doesn’t have to be this ‘End of the world’ trade that some make it out to be.
History has proven time and time again that Gold prices can rise, even during bull markets for stocks. And to be clear, Gold prices can also fall along with stocks.
They are not mutually exclusive.
Check out the full clip and let me know what you think!
by Ian Culley
From the desk of Steve Strazza @Sstrazza
We held our January Monthly Strategy Session Tuesday night. Premium Members can access and rewatch 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 David
From the Desk of Kimmy Sokoloff
This market can’t seem to get out of its own way.
Just when you think it can head uphill, we have a rug-pull.
Today it was data out in the morning that pushed the indices lower.
by JC
Another Santa Claus Rally is officially in the books.
This year the S&P500 rallied 0.80% during the period, which is more than 3 times the historical returns for all the other 7 day periods throughout the year.
You can learn more about the SCR in this note from last month.
OK so great, Santa showed up. So what? [Read more…]