About a month ago we outlined the thesis that Reliance Industries had another 35% of upside ahead.
We’re well on our way to that target and have been getting a lot of questions about the stock, so let’s follow up and see what’s happening.
Expert technical analysis of financial markets by JC Parets
by Tom Bruni
About a month ago we outlined the thesis that Reliance Industries had another 35% of upside ahead.
We’re well on our way to that target and have been getting a lot of questions about the stock, so let’s follow up and see what’s happening.
From the desk of Steve Strazza @Sstrazza.
Welcome to this week’s edition of “Under The Hood.” You can read more about the column here.
What we do is analyze the most popular Robinhood stocks over the trailing week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.
This week we have a handful of trade ideas on the long side, many of which belong to the Health Care space and are working on Covid-19 vaccines.
We’ll also walk through a number of mega-cap bellwethers and get a feel for what’s going on in that space.
by Tom Bruni
We’ve been talking about Silver since its initial breakout in late May, but over the last few weeks, that breakout accelerated and took prices to their highest levels since 2012.
In this week’s “Chart Of The Week” we want to provide perspective on the recent move and discuss what’s next for Silver and Precious Metals.
by Tom Bruni
This is the video recording of the July 2020 Conference Call.
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
Last time we wrote about Canada, our primary focus was on the breakouts occurring in many of the Gold Miners.
This time, we’re looking for stocks displaying long-term trends of absolute momentum and relative strength…and we’re buying them.
Let’s get into the charts.
by Tom Bruni
In early May we outlined the “Five Bull Market Barometers” we’re watching to identify the beginning of a new bull market in stocks.
If you haven’t read our initial post linked above, we’d encourage you to check it out so you understand what the rationale behind these five indicators is.
Now, let’s see where these indicators ended the week.
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
We haven’t taken a look at the Marijuana sector in a while, so today I’m going to review where the sector stands on an absolute and relative basis…and which stocks we’re buying (if any).
Normally I’d have a pun or two here, but I’ve decided to take the high road and focus solely on the charts this time.
by JC
On this week’s show, I walk Howard through how to order my favorite pizza online and we discuss the price action in $TSLA and what that means for both the stock and the company.
This was fun. Check it out: [Read more…]