From the desk of Steve Strazza @Sstrazza and Louis Sykes @haumicharts
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 absolute and relative trends at play and preview some of the things we’re watching in order to profit in the weeks and months ahead.
The major indexes continue to hold important levels and many large-cap sectors have laid the foundation for upside resolutions and another leg higher in their relative leadership.
SMIDs and Micro-Caps have had every chance to digest their recent gains, but we're yet to see that play out. Seeing such strong upward momentum from these stocks speaks to the healthy risk appetite we continue to point out.
From the desk of Steve Strazza @Sstrazza and Louis Sykes @haumicharts
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 absolute and relative trends at play and preview some of the things we’re watching in order to profit in the weeks and months ahead.
We continue to pound the table on leadership down the market-cap scale. There's been strong evidence over the past few weeks/months suggesting this is a structural trend reversal in the large vs small-cap ratio.
It's one thing stacking up all the topics you need to learn for the test, but it's another to take on lasting knowledge that'll carry you for the years ahead.
Shooting through the textbooks and lectures reinforced that despite all the charts I go through, the process I use represents only a very small proportion of the way people interpret technical data. Seriously, there were dozens of indicators, ways to plot price, and even basic assumptions on why we do technical analysis that I had never come across.
This was all so great to learn.
While I might not use these tools on a day-to-day basis, understanding how people look at markets differently and expanding my knowledge and skills can only be a strength.
From the desk of Steve Strazza @Sstrazza and Louis Sykes @haumicharts
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 absolute and relative trends at play and preview some of the things we’re watching in order to profit in the weeks and months ahead.
In last week's report, we discussed the continued rotation into SMIDS, international markets, and risk assets. Our conclusion is and continues to be that the market remains in a very healthy state of order.
FICC markets are also confirming the move higher in equities.
From a short-term perspective, SMIDS digesting their recent gains would be a healthy development.
It's always hard for us market nerds to level with others who don't share our obsession for Finance.
And that's important because, with all the noise of today, I think there's a very real barrier to finding sound information. While I'm by no means an authority on this subject (in fact quite the opposite), whenever I talk to people about Finance, I always hear two complaints.
From the desk of Steve Strazza @Sstrazza and Louis Sykes @haumicharts
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.
In last week's report, we outlined how the market was in an incredibly healthy state of order. We've been seeing rotation into SMIDS and Micro-Caps, strong breadth, and a sustained bid for Growth, particularly down the market-cap scale.
This week, we're harping on a similar theme.
The weight of the evidence, particularly from an intermediate and long-term time horizon, looks excellent.
I'm back with a brand new edition of the Louis' Look column to share some lessons I'm learning as an intern. You can find my last post here, where I share a handful of obscure charts most people have never seen.
Let's crack straight into it.
My first year of University is now officially over! Woop Woop!
While celebrations would normally be in order, it's a bitter-sweet ending to my freshman year.
This whole virus situation meant that I only spent a few weeks of the year on campus and in the 'University scene' - a time where you're supposed to leave home, grow out, and meet new and interesting people.
Welcome to this week's edition of Louis' Look where I give you the inside scoop on what I'm learning as an intern at All Star Charts. Last week I wrote about having a sense of humor in the financial world with a reference to the infamous John Cena pattern in stock of Worldwide Wrestling Entertainment.
Today I thought it'd be entertaining to step back from the lessons and bring five charts you have probably never seen, thought of, or come across.
I had a lot of fun writing this one, so let's get into it.
Welcome to this week's edition of Louis' Look, where I walk you through what I'm learning every week as an intern at All Star Charts. Last week I discussed how information is most valuable when it remains hidden; you can read the post here. Today, I want to explore how the market continually reinforces the necessity of a game plan.