From the desk of Tom Bruni @BruniCharting
Today we’re taking a look at one of the most important Emerging Markets out there, Brazil, on an absolute and relative basis.
Let’s see what’s going on there.
[Read more…]
Expert technical analysis of financial markets by JC Parets
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
Today we’re taking a look at one of the most important Emerging Markets out there, Brazil, on an absolute and relative basis.
Let’s see what’s going on there.
[Read more…]
by Tom Bruni
Today we’re looking at our updated Monthly Chartbooks to identify the structural trends in India’s major indices, sectors, and stocks.
[Read more…]
by JC
This is a question I get a lot from friends and family or someone I just met that knows what I do for work.
What’s funny is that they don’t ask it quite like that. They won’t ask, “JC how do I make money in the market?”, even though that’s what they really mean to say. It’s usually more like, “Which pot stock do I buy?” or “Which Crypto Currency should I buy?”, depending on where we are in the cycle. It’s rarely an IF, and more of a Which One?
The way I see it, you can add the same amount of money every month for decades and just let it compound. If you’re disciplined enough to do it (most of you aren’t), I can see a good case for that strategy. But if you’re looking to get into more specific trades or investments, I think a well-defined risk vs reward strategy is the only way to profit. If you can’t manage risk responsibly you’ll be gone soon.
Here’s my take: [Read more…]
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
The TSX Composite Index is attempting to hold above its 2018 highs after breaking out earlier this month.
In early August we wrote a Canada Update for Premium Members outlining ideas (and another post 2 weeks ago), many of which are working well, however, we’re following up on this post today with a stock on our watchlist that’s become actionable.
by JC
Nothing will frustrate stock market bears more than European Stocks breaking out to new all-time highs!
Do you know anyone who has anything positive to say about European Equities? Are conversations you’re having and articles you’re reading preaching strength and growth out of this area? I don’t.
Prices, however, are telling a different story! Let me point you to the WisdomTree Europe Hedged Equity Fund, which prices European stocks in local currency. This is similar to the $DXJ vs $EWJ Funds in Japan.
The way I see it, this looks like a consolidation within an ongoing uptrend and most likely the beginning of a NEW uptrend, and not near the end of an old one: [Read more…]
by JC
Stocks in the U.S. Financials Sector have been underperforming since the beginning of 2018. If you recall, that is precisely when the majority of stocks around the world stopped going up. It’s been a sideways grind for many stocks and sectors since then and a solid downtrend for many more, like small-caps, emerging markets and certainly financials, particularly on a relative basis.
A funny thing happened last week, however, while the gossip columns were filled with impeachment talk and upcoming recessions: Financials broke out to new multi-month highs relative to the S&P500. But not a whisper about it anywhere. I like that! [Read more…]
by JC
I’ve been following the work Willie Delwiche for years. As both a CFA and CMT Charterholder, I think it helps him really put things in perspective for the Advisors he works with at RW Baird. I really enjoyed the conversation we had about the markets and his process. Willie incorporates a number of breadth and sentiment measures that I’ve always been a fan of. He helps the Investment Advisors at the firm work with their clients and manages several portfolios as well. In this podcast episode we discuss a number of different things from Interest Rates to Gardening. It was fun to get to know Willie a bit more! [Read more…]
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
This post is a follow-up to today’s Chart of The Week, so if you’ve not read that I’d recommend doing so before continuing with this deep dive. [Read more…]