We often hear about Japanese Candlesticks? But what’s the difference between a hollow candle and a filled one? What do these colors represent?
This explanation is taken directly from Lesson 1 from the Allstarcharts Charting School: [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
We often hear about Japanese Candlesticks? But what’s the difference between a hollow candle and a filled one? What do these colors represent?
This explanation is taken directly from Lesson 1 from the Allstarcharts Charting School: [Read more…]
by JC
We’re all stuck at home these days and Zoom is how we get to hang out with friends and family.
This week I was chatting with my pal Jeremy over in Laguna Beach about Gold, Silver and Gold Mining Stocks.
I think there are some good opportunities in the space and I think there are areas in which to be patient.
Here’s a short video of our discussion: [Read more…]
by JC
Wow what a weekend! Thank you all so much for your support.
We had 10,000 people register for Chart Summit, our Live Virtual Technical Analysis Conference. There were over 30 presentations and we raised over $50,000, just on the first day, to help fight COVID-19. You can still donate here.
We made it really easy to access the videos and organized them so you can go back and watch whenever you want. Just go to Chartsummit.com and click Watch The Videos and you’re on your way! [Read more…]
by JC
There has been a lot of risk in the stock market over the past 2 months and that still has not changed. Things are getting worse, not better. I tried to emphasize in this week’s Live Call that we have NOT seen any evidence to suggest that the worst of the selling is behind us.
We’ve been inundated with emails from Financial Advisors and traders all over the world. From New York to London, South Africa, Malaysia, Laguna Beach they keep coming in. We work really hard and it is so nice to see how much we’ve been able to help people, both pros and every day hard working individuals. Thank you from all of us at Allstarcharts! We don’t take these notes for granted even for a second.
We know times are tough for some people right now. I have friends and family that lost their jobs today. I’m seeing it outside of markets.
To lighten things up a bit, I asked Twitter if I should do the live TV hit from my house in a suit or my hoodie? The feedback was overwhelmingly to keep it real!
i’m doing live tv from my house later. should I put on a full suit and pretend we’re all not at home? or should I just rock my Adidas hoodie and keep it real?
— J.C. Parets (@allstarcharts) March 20, 2020
Here is my conversation with the legend Francis Horodelski! We talked about some really important concepts that I think will help investors navigate the market moving forward. Markets move in trends. We pride ourselves in understanding the internals that precede changes in these trends. That’s what we talked about this afternoon.
I hope this adds some value to your process: [Read more…]
by JC
This is the video recording of the March 2020 Conference Call.
by JC
As you guys know, we’ve had a much more defensive approach to the stock market over the past few weeks, especially compared to how bullish we had been for so long. There is a time to be big and aggressive and a time to be small and cash heavy. I believe we’re currently in the latter of those two categories.
Here’s the clip in full: [Read more…]
by JC
There is a lot going on in the market right now, not just in the U.S. but globally. The intermarket relationships between Bonds, Gold and the US Dollar are having a major impact on equities.
January is a month that gives us a lot more information than most other months throughout the year. We have the data now that we can use to help us identify primary trends.
Volatility is picking up. Daily swings are getting larger. I’ve seen this story before.
We discuss all of this and a lot more.
This is the video recording of the February 2020 Conference Call.
*NOTE: This Post and Video was originally intended for Premium Members of Allstarcharts Only. But due to the circumstances, we have unlocked it for everyone to watch and download the slides. We feel this can be used for educational purposes moving forward. Thank you for understanding.
by JC
In this Episode of Allstarcharts Weekly, Steve and I discuss all the reasons why we’re buying bonds right now instead of stocks and commodities. The big point here for me is that it’s not just one chart. There is no single holy grail suggesting we buy bonds. This is a weight of the evidence conclusion. It’s not one chart, it’s hundreds of them all pointing to the exact same thing: Sell stocks and Buy bonds!
[Read more…]