From the desk of Tom Bruni @BruniCharting

Last time we wrote about Canada, our primary focus was on the breakouts occurring in many of the Gold Miners.

This time, we're looking for stocks displaying long-term trends of absolute momentum and relative strength...and we're buying them.

Let's get into the charts.

Here's Canadian national Railway going out at all-time highs last week. From a structural perspective, this signals the continuation of the stock's long-term uptrend and indicates a target up towards 160. If you want to keep your risk management tight, then 128 is the level, but if you want to give it more room then this thesis remains intact if prices are above 120.

Click on chart to enlarge view.

In early May we outlined the "Five Bull Market Barometers" we're watching to identify the beginning of a new bull market in stocks.

If you haven't read our initial post linked above, we'd encourage you to check it out so you understand what the rationale behind these five indicators is.

Now, let's see where these indicators ended the week.

From the desk of Tom Bruni @BruniCharting

We haven't taken a look at the Marijuana sector in a while, so today I'm going to review where the sector stands on an absolute and relative basis...and which stocks we're buying (if any).

Normally I'd have a pun or two here, but I've decided to take the high road and focus solely on the charts this time.

First, let's start at the index level with the Alternative Harvest ETF (MJ). prices gapped below our price objective at 12.60 earlier in the year, consolidated for two months, and then gapped back above it...forming an "island reversal" bottom on the weekly chart.

Click on chart to enlarge view.

Since then, prices have successfully retested support multiple times, so it would appear the bias is higher towards 22 as long as we're above 12.60.

On this week's show, I walk Howard through how to order my favorite pizza online and we discuss the price action in $TSLA and what that means for both the stock and the company.

This was fun. Check it out:

From the desk of Steve Strazza @Sstrazza.

Welcome to our latest edition of "Under The Hood." Read more about it here.

In this column, we analyze the most popular Robinhood stocks over the trailing week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.

This week we have a handful of trade ideas on the long side in a number of names that continue to exhibit impressive relative strength.

Let's dive into it. Here is this week's list of most popular stocks, measured by net increases in Robinhood accounts that hold shares.

Click table to enlarge view.

This post is a follow-up to yesterday's "How We're Approaching New Long Setups" and our Q2 Playbook, so we'd highly recommend reading those two pieces first if you haven't already.

In this post we're going to dive into the stocks we want to be buying. 

From the desk of Tom Bruni @BruniCharting

Thanks to everyone who participated in this week's Mystery Chart.

Most were waiting for more information given prices were at a clear inflection point, so let's get into what it was and what our interpretation is.

Despite new recovery highs in the US and other international markets, India has been struggling in the short-term to maintain its upward momentum.

In this post, we're outlining some things that are important for Equities in the short-term and how we're approaching stocks on the long side.

From the desk of Tom Bruni @BruniCharting

Rotation is the lifeblood of any bull market, so what better way to use our "Chart of The Week" than highlighting the rotation into cyclical sectors that's currently taking place.

This week on Happy Hour w/ Traders, I chat with 2 of the best in the business: Brian Shannon and Joe Fahmy. We've all been friends for a decade and I still learn from both of them every single time we talk.

The way I see it, I'm having these conversations anyway, so may as well hit record so you guys can learn from them the same way that I do.

Check it out!

Jeff Macke is the guy I turn to whenever I have questions about the Consumer. Anything retail, restaurants, internet sales, he's the one we want to listen to. Jeff and I have known each other for many years and are friends with a lot of the same people. Here's an old clip I found of him and I talking about Gold & Silver back in January 4, 2012.

In this episode we talk about the restaurant stocks, pharmacies, which areas he wants to avoid and which ones he wants to own. He says the pair trade of the decade could very well be: Long Shaquille O'neil (Papa Johns $PZZA) and Short Kanye West (The Gap $GPS). This was a really fun conversation. I picked up some good ideas and had a few laughs.

I hope you enjoy!

Copper continues to rip to the upside, but one chart suggests that the entire Base Metals' space is making upward progress.

Today we're taking a look at that chart and what its implications are for Equities going forward.