A big theme for me this year has been the US Dollar and how it will impact stocks as an asset class. The thought process coming into 2019 was simple. The Dollar had rallied throughout 2018 to reach some pretty critical levels. The idea was that if the Dollar was going to rip right through there, it was more than likely happening in an environment where investors would be fleeing to safety. That's the type of market where stocks are selling off. The opposite of that argument was that if the Dollar was not breaking out, that stocks would likely be doing well, both in the U.S. and more importantly globally.

Fast forward to today, almost 1/3 of the way done with the year, and stock have performed very well. In fact, as Piper Jaffray's Craig Johnson mentioned in this week's podcast, stocks have had an incredible entire year already, just a few...

Most of the Commodities and Currencies we track continue to lack a long-term trend, but I want to outline a few charts in the space that are notable right now.

From the desk of Tom Bruni @BruniCharting

If the US Dollar is falling, International Equities trading via US listed ETFs should outperform US Stocks. When the US Dollar is rising, International Equities should underperform US Stocks.

Sounds like a logical relationship, but as usual, it's not that simple.

From the desk of Tom Bruni @BruniCharting

During last week's Conference Call we discussed a lot of the potential catalysts for a lower US Dollar, so I wrote a free post talking about whether a weaker US Dollar means US stocks have to underperform International stocks. If you haven't read that, please do that first, because in this post I'm going to quickly touch on a short-term theme that continues to build within our Global ETF Ratio universe.

From the desk of Tom Bruni @BruniCharting

In this post we're gonna check in on Canadian Equities and see what sectors and names we want to be involved in.

Chart Summit was a "Ski during the day and Chart at night" event held on February 22-23, 2019 in Breckenridge, CO. I co-hosted it with Brian Shannon and this is the video of my presentation:

The Top/Down Approach to Financial Markets using Technical Analysis

From the desk of Tom Bruni @BruniCharting

The US Dollar Index is approaching its Q4 highs once again, however, the real story lies underneath the surface in three unrepresented currency pairs that are offering a solid reward/risk opportunity at current levels.

John Roque is a Technical Analyst who I've looked up to since early in my career. From the bottom of my heart, it was guys like him who inspired me to analyze the behavior of markets and do it in a way that is unique to me. I've always enjoyed his comparisons between markets and sports. While on the sell side, John was consistently ranked among the top analysts before joining the buy side, including Soros Fund Management. In this conversation, we discuss everything from Ted Williams to Corn Futures. He gives us his thoughts on Gold, Crude Oil, Interest Rates and the combined market-caps of Financials & Technology sectors. This was a real honor for me to get to interview one of my favorite...

With every month comes a new set of monthly charts, so I want to use this post to step back and point out the major changes since the last time we looked at them in November.

From the desk of Tom Bruni @BruniCharting

Short-term strength in Precious Metals continues, so I want to do an in-depth analysis of the space like I did last August to see if we're now entering "The Golden Age of Precious Metals".

One chart that I think sums up how I feel about Precious Metals is an equally-weighted index of Gold, Silver, Platinum, and Palladium. While no longer in a long-term downtrend, it's not in an uptrend either. All that can be said is that it's testing the top of a multi-year range. Not all that exciting.

Click on chart to enlarge view.