What is the best chart in the world right now? I don't know. I guess that really depends on your time horizon, risk tolerance and overall market goals. These are different for all of us.
Today, I want to share what I think are collectively the 120 best charts. The way I see, there is no ONE chart that can tell today's story. But as a unit, these 120 slides give us a good look at the current market environment.
Todd Sohn is one of my favorite guys to talk to about the markets. He often sends me charts that no one else is looking at and points out important data that most people aren't talking about. His unique perspective on the market definitely makes him stand out from the rest. Todd and his team at Strategas do great work and it's a real pleasure to have him on the podcast. In this conversation we discuss the current environment for US Stocks, Interest Rates, Precious Metals and the sentiment driving current trends. He offers good advice for both new technicians and seasoned veterans. If you're at all interested in the market, this is an episode you can't miss. Enjoy!
Copper is important for a variety of reasons, but it's often discussed within the context of global growth expectations.
Given we just hit 2-year lows it may be a good time to discuss Dr. Copper, why he may be headed into "critical condition", and what it could mean from an intermarket perspective.
In this Episode of Allstarcharts Weekly, Steve and I talk about the recent strength in Gold, even in the face of a Dollar that has yet to start falling. After Thursday and Friday's turn around, I think it's finally time for the Dollar to weaken. The way I see it, the relative strength we've seen in Gold was a heads up that the Dollar is set to fall. The correlation between Japanese Yen and Gold Miners on a relative basis is the intermarket relationship that stands out the most.
In this Episode of Allstarcharts Weekly, Steve and I discuss the Intermarket Relationships that help identify the next direction for US Interest Rates. These assets include Regional Bank Stocks, Utilities, Real Estate Investment Trusts, Copper, Gold and TIPS among others. Which way are Rates heading next?