Every month I host a conference call for All Star Charts Premium Members where we discuss ongoing themes throughout the global marketplace as well as changes in trends where new positions would be most appropriate. This includes U.S. Stocks & Sectors, International Stock Indexes, Commodities, Currencies and Interest Rate Markets.
The new volatility regime in 2018 has caused many to question the uptrend in stocks that we've seen the past couple of years. In this call we will go over all of the markets around the world including intermarket relationships that help us identify whether risk appetite overwhelms any risk aversion we're seeing from institutional investors. On Tuesday, we'll focus on the strongest sectors and strongest stocks that we believe will be leaders during the next leg higher throughout the rest of 2018.
This month's Conference Call will be held on Tuesday May 15th at 7PM ET. Here are the Registration Details:
When I go through charts of the most popular crypto currencies, it's hard to ignore the fact that we're seeing prices breaking out above downtrend lines from their respective highs. Go one by one, we're seeing it all over.
So what does that mean? Should we be buying all the crypto currencies right now?
Many have fixated their attention on the "triangle pattern" that's formed the NYSE Composite Index and other major US indices. This pattern is a visual representation of the indecision between buyers and sellers in the market, and its resolution typically leads to a significant move in the direction of its breakout. In times like this where the index itself has little directional conviction, a study of the components may offer some insight into which way the market resolves.
It's impossible for me to ignore. As someone who pays such close attention to Momentum, the fact that there are so few stocks showing bearish momentum characteristics is absurd. The overwhelming strength being shown here from stocks is spectacularly bullish in my opinion. Combine that with the fact that everyone thinks the world is coming to end, and boom, you've got a trade!
This is the most valuable analysis I do every month. When you sit there with some music on and just rip through monthly charts, it really gives you perspective. We're taking a step back and reanalyzing the trends. It's easy to get caught in the day-to-day noise. This exercise helps avoid getting whipped around. I encourage everyone to make their own list of Monthly Candles.
Every month I host a conference call for All Star Charts Premium Members where we discuss ongoing themes throughout the global marketplace as well as changes in trends where new positions would be most appropriate. This includes U.S. Stocks & Sectors, International Stock Indexes, Commodities, Currencies and Interest Rate Markets.
The new volatility regime in 2018 has caused many to question the uptrend in stocks that we've seen the past couple of years. In this call we will go over all of the markets around the world including intermarket relationships that help us identify whether risk appetite overwhelms any risk aversion we're seeing from institutional investors. On Thursday, we'll focus on a series of indicators that we look for to develop a list of stocks and commodities that we want to be buying throughout the 2nd quarter. I think there is more opportunity to profit today than we've seen in a long time.
This month's Conference Call will be held on Thursday April 19th at 7PM ET. Here are the Registration Details:
When I get asked about what I think the most important technical indicators are, I have to start with price. This is where it all begins and ends. Everything else is just a derivative of price. Let's not forget that. We can use all sorts of other things to help supplement that price analysis, but only if we understand that is all they are, supplements.
After price, for me it's momentum and relative strength that we're looking for. We want to be in stocks outperforming other stocks and showing positive momentum. Why mess around with stocks showing weakness and not showing bullish momentum? That makes little sense. Today we are going to focus on the areas showing the most relative strength and momentum, how to profit from it, and what that means for the overall market.
Here at Allstarcharts, none of us know what is going to happen in the market next week or next month or even next year. But the good news is that no one else does either. So it's an even playing field among all of us, whether you're Warren Buffett, Joey Home Gamer or anything in between. All we can do is take the data as it comes in, consistently reevaluate, and position ourselves in the direction with the highest probabilities.
Today we are taking a look at just the U.S. Stock Market Indexes to see where the risk lies and what we want to see to position ourselves aggressively on the long side.
Every month I host a conference call for All Star Charts Premium Members where we discuss ongoing themes throughout the global marketplace as well as changes in trends where new positions would be most appropriate. This includes U.S. Stocks & Sectors, International Stock Indexes, Commodities, Currencies and Interest Rate Markets.