From the desk of Tom Bruni @BruniCharting

About a month ago, I discussed the historic rally in Lumber during episode four of "What The FICC?"

One of the primary focuses was the historic rate of change since the March lows and the historical data that suggested forward returns are worse than average following these types of readings.

From the desk of Tom Bruni @BruniCharting

In June we outlined that the "Reflation Trade" indicators we track had picked up significantly after reaching levels of long-term support in March.

Since then that thesis has played out and we've been taking advantage of it in Metals, cyclical stock market sectors like Materials and Industrials, and even Agricultural Commodities which managed to break out.

But...after a nice run many of these assets and intermarket relationships have pulled back over the last month or so...begging the question "is the reflation thesis over?"

Luckily for us, we only need one chart to discuss what's happening and how we're approaching it.

From the desk of Steve Strazza @Sstrazza

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.

Our last RPP report took a deep look at the damage endured by the most important assets in the world during the recent selloff.

We held this report back a few days this week because the S&P just broke beneath our risk level and was in correction territory, down roughly 10% from its highs intraday on Monday. We wanted to see how things would shake out, and we're glad we did. Let's talk about it.

From the desk of Steve Strazza @Sstrazza

Thanks to everyone for responding to this week's Mystery Chart as always.

We had some great responses, most of which were mixed, with a slight majority wanting to "do nothing" and wait to see how price reacts at its former highs.

The chart was the Lithium ETF $LIT, which is breaking out to fresh highs along with a ton of other subsectors within the Materials space right now.

In this post, we will analyze almost every one of the key Materials industry groups to determine whether participation is broadening underneath the surface and supporting the recent strength and rotation into the sector, or vice versa.

Two things on our radar have been the Euro/Rupee pair and Natural Gas, and both are retesting key levels this week.

Here's a quick update of our risk management levels and broader thesis.

From the desk of Steve Strazza @Sstrazza.

Last night we held September's Monthly Conference Call which our Premium Members can access and rewatch here.

In this post, we'll provide a summary of the call by highlighting 5 of the most important charts we covered along with commentary on each.

Let's dive into it.

From the desk of Tom Bruni @BruniCharting

In yesterday's Members-Only Conference Call, we outlined our view on Precious Metals and provided several new trade ideas in the space.

All of the Miners we looked at were US-listed, so today I want to look to those listed on the TSX to outline which have the best reward/risk at current levels.

This is the video recording of the September 2020 Conference Call.

From the desk of Steve Strazza @Sstrazza

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.

Our last RPP report took a high-level look at the initial damage endured by the recent selloff.

This past week, we saw follow through on that weakness. That means we’ve got to take a deeper look at how the most important assets in the world have held up.

For the first time off the March lows, we’re starting to see a change in character in the way that the market corrects. Particularly Equity Markets, so that will be our focus this week.

From the desk of Tom Bruni @BruniCharting

The Fixed Income, Commodity, and Currency markets are near and dear to my heart. Ever since I began learning Technical Analysis, I've always loved analyzing things that are "off the beaten path." This included everything from Interest Rates to Soybeans to the Norwegian Krone. Equities are great and all, but this is the stuff that gets me up in the morning.

In addition to the blog posts we do on the site, I've wanted to explore new ways to share that passion with you all and show why even if you're not investing in these markets directly, they're worth paying attention to.

That brings us to my weekly show, "What The FICC?"

In this weekly video series, I'll be highlighting the most important chart or theme from these three asset classes while doing my best to tie that analysis back to Equities through an intermarket signal or a trade idea.

This week's episode is linked below, enjoy!

From the desk of Tom Bruni @BruniCharting

Thanks to everyone who participated in this week's Mystery Chart.

A lot of mixed responses from this one. Some of you were buyers at support, while others were erring in the direction of the recent downtrend and looking for a resolution to the downside.

With that as our backdrop, let's just right into it.

In public markets, we have the ability to wait for our pitch. There are always new opportunities popping up, so if we miss one, we know there are plenty more on their way.

That's why one of the most important concepts we discuss in our work is the need for patience and knowing what we're going to do before it happens. By having a plan in place we can execute our plan once the conditions we've been patiently waiting for come to fruition.

A great example of this has been Crude Oil over the last few months.