Most Nifty Indexes' largest components have a very large weighting on their performance, and Nifty Pharma is no exception. Sun Pharmaceuticals represents roughly a quarter of the index, so today we're going to look at it's role as a potential leading...
Interest rates are on the move, with the Ten-Year Treasury Yield breaking 3% once again after working off its failed breakout attempt from May. One relationship that's highly correlated with...
It's the end of the month, which means we've got new monthly charts. Last month we discussed the strength in large-cap Financial Services, Consumer Goods, IT, and in certain areas of Pharma, while the weakest areas were mid and small-cap...
Based on the great feedback we receive every day, we know a lot of Allstarcharts India readers have an interest in the mid-cap and small-cap segments of the market. Typically we cover those areas in the...
When I thought of the title for this post I was hoping to make a Nascar analogy, but quickly realized I don't know anything about Nascar or racing. With that aside, what's clear from our...
This weekend all of the Chartbooks on the site were updated, so this is a quick post to highlight some of the significant developments since they were last updated.
The broad-based Financials ETF $XLF has gone basically sideways for the majority of the year, but under the surface there has been strength in individual names and sub-sectors like Broker-...
The Nasdaq Composite closed at another all-time high yesterday, but some are questioning this rally's sustainability due to the under-performance of the Semiconductor Index. Given we're open-...
This week I was in New York meeting with partners and old friends. On Tuesday I was down at the Bloomberg Headquarters chatting with Catherine Murray about what we're seeing from a technical perspective. We discuss Technology, Medical Equipment stocks...
Over the last week or so we've seen an upside reversal in many of the Public Sector Bank stocks across the large, mid, and small-cap segments of the market. This has many wondering whether or not this is "the bottom" in this sector or if it's simply "...
During our July Members Only Conference Call we discussed a lot of the big-picture trends from around the world and in India, but we wanted to do a long post discussing what...
During our July Members Only Conference Call we discussed a lot of the big-picture trends from around the world and in India, but we wanted to do a long post discussing what...
One of the most underrated tools we have as U.S. Stock Market participants is the Dow Jones Industrial Average. I often hear how because it's price weighted, or because it only has 30 stocks, it cannot be relied upon as a gauge of market health. In...
The relative weakness of the Nifty Free Float Smallcap 100 has been a theme all throughout 2018, so with today's chart of the week I want to take a look at what that potentially means for the broader market.
This past week I came across a potential trade setup in an Indian micro-cap stock that really got me thinking about the question, "Who am I as a market participant?". With all the noise created on a daily basis, it's easy to lose sight of your answer...
You have two options as an investor: you could listen to the media or you could listen to the market. They've been pushing the notion lately that only a handful of Tech stocks are leading the way for the market, suggesting a weakening breadth...
The Nasdaq 100 just hit another all-time high, as did the amount of people quoting the percentage of the index's gains that are from its top five components. While that makes for a good headline and soundbite, it's not really all that actionable. What...
It's been quite a few years since I did these youtube videos, but with the help of technology and a solid team, this is something we can start doing again on a regular basis.
Here is the first video with a throwback to the old days and then we...