It's high time we checked in on the Marijuana stocks since our last update was in July.

Before we start, just want to give a big h/t to our intern @GrantHawkridge for helping out bigly with this research and post.

Some might even call this post a...JOINT venture.

We'll be here all week.

Now, let's get into the charts.

First, let us start at the industry level with the Alternative Harvest ETF (MJ). There is nothing bullish about this chart and made no progress in 2020. Prices have re-tested resistance multiple times, however, each time sellers came in and defended that level.

For now, the benefit of the doubt goes to the bears as this is a sideways trend at best, at least until prices can get above this 15-16 range.

Click on chart to enlarge view.

As we come into the week of Dhanteras and Diwali, and the celebrations that go with that, let us talk about some of the financial decisions we may consider at this time. I heard Swarup Mohanty at Mirae Asset Management say this a few weeks ago: "Dhanteras is the time for our Annual SIP into Gold." It's true and I'd never thought of it that way.

Buying Gold has been a traditional investment for many. But financial markets have developed to the point that we look at buying Gold as a financial decision - complete with its risks, rewards, and top-down analysis.

(I'm not sure if Mr. Mohanty came up with that expression or if I should have credited someone else. I heard it from him. Please forgive any mistakes in this.)

The market is telling us that Pharma stocks need more time to correct before they're ready for their next leg higher.

Below are a few charts explaining why and how we're approaching the sector going forward.

In today's chart, we're looking at the strongest sector of the market testing a key level.

Let's get into it.

This week we're looking at a long setup in the Fertiliser & Pesticide Industry.

We retired our "Five Bull Market Barometers" in mid-July to make room for a new weekly post that's focused on the three most important charts for the week ahead.

This is that post, so let's jump into this week's edition.

From the desk of Tom Bruni @BruniCharting

It's been a while since our last post specifically covering Canadian stocks, so today we're updating our list of TSX 60 names with the best reward/risk at current levels.

Let's jump right into it.

From the desk of Tom Bruni @BruniCharting

There was a lot of movement across asset classes over the last week, but more importantly, the market gave us some key inflection points to trade against.

In this post, we're going to look at Precious Metals and review how we should be approaching them.

We're winding down a long week across the globe and what's clear is that there's been a lot of movement.

The median weekly price range in the International Indexes we track on a local currency basis is 6.24%, with the highest being nearly 13%.

Click on table to enlarge view. 

And we're seeing similar volatility across asset classes.

But not all moves are created equal.

From the desk of Tom Bruni @BruniCharting

Last week we discussed how Yield Curves across a variety of countries affect certain sectors of the Equity market like Financials.

Today we want to discuss why this week's action could suggest that US Rates are getting ready to "catch down" to the rest of the world.

This is the video recording of our November 2nd, 2020, Monthly Charts Live Strategy Session.

Here is the video in full:

This week we're looking at a long setup in the Financial Services sector.