After 33 months of zero progress, the market is proving that it is finally time for Transportation stocks to move forward. We call these big bases. It was a well-deserved consolidation in prices after a historic run throughout 2016-2017.
Something we've been working on internally this year is using various bottoms-up tools and scans to complement our top-down approach. One way we’re doing...
The curious case of higher implied volatility in out-of-the-money calls than the correspondingly distant OTM puts continues in a lot of high flying names. This is neither good nor bad, rather a data point we can use to our advantage when...
In an environment where volatility has picked up at the index level and there are more mixed signals in the market, we want to be more selective in the longs and shorts we put on.
An important part of tightening up our risk management across...
For those new to the exercise, we take a chart of interest and remove the x/y-axes and any other labels that would help identify it. The chart can be any security in...
Welcome to this week’s edition of Louis’ Look, where I document the lessons I’ve learned in the last week through interning at All Star Charts. Last week, I touched on...
We retired our "Five Bull Market Barometers" in mid-July to make room for a new weekly post that's focused on the three most important charts for the week ahead...
In a recent report to ASC Institutional subscribers, the team laid out a case for strength in the Homebuilding sector as several components are approaching breakout levels from monster bases. Its relative strength vs. the S&P 500 over the past...
This week I chat with Howard about the things that he just doesn't think are going to happen. What can we check off? He mentions major moves in the Nasdaq and also Apple missing on a quarter or new product.
In the futures markets, commercial hedgers are considered the "smart money" because they deal in a business that the asset they're trading is related to. On the other hand, speculators are...
In this episode I get to chat with one of my all-time favorite journalists, Frances Horodelski. She was one of the first people to interview me on TV when I was still in my 20s and I don't forget that. She believed in me early on. That's really cool...
One of our favorite opportunities that was discussed in last week's Under the Hood segment finally triggered our entry today. And continued elevation of options premiums in out-of-the...
So far today, I’ve ignored what I can only assume are tens of thousands of posts and articles dissecting last night’s debate. I’ve said it before — As market participants, the election doesn’t interest us. It’s the change in seasonal strength this...
