Skip to main content

Displaying 10537 - 10548 of 12411

All Star Charts Premium

[Premium] Members-Only Conference Call Wednesday December 13th at 7PM ET

December 7, 2017

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.

We've been bullish towards US and Global Stocks as they remain in strong uptrends on any sort of intermediate-term time horizon. I still think this is an environment where we need to be buying weakness in stocks, not selling strength. The weight of the evidence is still pointing to an increased amount of risk appetite, not risk aversion. We will go over a multi-timeframe approach on this conference call where we will start with the longer-term and then work our way down to more short-term to intermediate-term investing ideas. This will also include other assets like the US Dollar, Euro, Gold, Silver, Crude Oil and Interest Rates.

I'll do my best to lay out my weight of the evidence conclusions and walk you step by step with how I got there!...

All Star Charts Premium

[Premium] Dow Jones Transportation Stocks Are Breaking Out!

December 5, 2017

There is a lot to be said for taking the time to analyze all of the stocks in an index. I find that process to be much more rewarding than obsessing over every 50 basis point move in the index itself. I've written in the past about how I think the Dow Jones Industrial Average is underrated. You can go through all 500 stocks in the S&P500 or just 30 of them in the DJIA and you'll get a quick snapshot of the health of the market. If there are more good ones than bad ones, it's probably not a downtrend in the index. If there are more bad stocks than good ones, it's likely the index will follow them lower as well.

Today I want to go through this process, but with the Dow Jones Transportation Average. You can go through them all yourself here. I did a deep dive analysis on Transportation Stocks in general when they were near their lows in August. The Dow Jones...

Podcast Season 1 – Ep 13 – James Bianco, President and Macro Strategist at Bianco Research

December 4, 2017


James Bianco is someone who has definitely influenced my work throughout my career. If you've ever watched one of my presentations, you know I could rip through 150 charts in an hour without a problem. I'm pretty sure I got in this habit watching James Bianco. Also, his multiple timeframe approach to Interest Rates and Intermarket Analysis is something I have a lot of respect for. In this conversation we discuss Bitcoin, of course, Rates, Sentiment, old market indicators that are no longer useful and what the spread between Copper and Gold could be signaling for the market moving forward. This was a real treat for me to have someone I've looked up to for a long time and pick his brain about his process. I hope you...

All Star Charts Premium

[Premium] Sectors Are Rotating Before Our Very Eyes

December 2, 2017

Sector rotation is the lifeblood of every bull market. When one sector reaches a temporary peak, another one takes over the charge while the former leaders consolidate. We have seen this happen throughout the past 2 years in a very consistent way. Today we're taking a look at all of the individual sectors and the industry groups within them to find the areas of strength and weakness moving forward. 

 

 

 

All Star Charts Premium

[Premium] Fresh Monthly Candlesticks!

December 1, 2017

The best hour I spend each month is going over my Monthly Candlestick Charts. I can't understand how some people don't do it. Think about it: 12 hours of your life per year. Imagine all the things you do throughout the year that takes you 12 hours and probably does you more harm than good.

If you forget everything I ever tell you, please just remember not to ignore the monthly candlesticks. It doesn't matter if you're a short-term trader or longer-term investor or anything in between. Getting longer-term perspective and identifying the direction of the primary trend is the most important thing we do. Once that has been determined, then we can incorporate multiple timeframes to break it down to our time horizon of choice, whether it's more intermediate or short-term.

Since November is now in the books, it's that time of the month to rip through a ton of Monthly Candlestick charts. Here's what I'm seeing out there:

This Is How I Use Moving Averages

November 30, 2017

I get asked a lot about moving averages. Many people think they are this incredible indicator that will lead to riches. Unfortunately, they're the furthest thing from that. These are just invisible lines that people like to paint different colors to exaggerate their meaning. There are all different kinds of moving averages: some are shorter-term, some are longer-term, some give more weight to recent prices while others are equally weighted. I like to say that if you have enough moving averages on your screen, one of them will work!

Today I'd like to share with you in simple terms how I use them:

All Star Charts Premium

[Premium] What We're Seeing In The U.S. Stock Indexes

November 29, 2017

I look at a lot of charts. The best way to visualize the changes in equilibrium between supply and demand just so happens to be in chart form. If there was a better way to do it I would use that instead. So I'm stuck ripping through thousands and thousands of charts a week. I'm cool with it. It's something I enjoy doing because I know that the only way to properly weigh all of the evidence is to actually weigh it all.

One of the most valuable things I do is to go through every single U.S. Market Index. It really helps get perspective from all sorts of different angles, whether it is various market caps or weighting combinations. I've learned that it's not just about the S&P500 or Nasdaq100 or Dow Jones Industrial Average. It's how they are all getting along with one another that I'm most concerned with.

We'll go one by one discussing risk levels, targets and implications:

Podcast Season 1 – Ep 12 – Charlie Bilello, Director of Research at Pension Partners, LLC

November 28, 2017


This week on the podcast we have Charlie Bilello, Chartered Market Technician and Director of Research at Pension Partners, LLC. Charlie is someone many of us consider to be a deep thinker. The former Charles Dow Award winner is well known for busting stock market myths made popular by members of the media and other types of people who do not even participate in markets. In this episode we discuss why news consumption tends to do more harm than good, what some of the alternatives are and why it is a good idea to follow market behavior, instead of people's opinions. We get into the current market environment and discuss the current sentiment and price action in Gold, Bitcoin and US Equities. Charlie is one of the ones I knew I wanted to have on this podcast...

Bitcoin & Ethereum Charts To Show Friends And Family

November 28, 2017

It was Thanksgiving last week and the hot topic all over dinner tables throughout the world was about Bitcoin. Older relatives asking younger nieces and nephews to explain crypto-currencies was probably something pretty hilarious to watch by being a fly on the wall of many households.

In the spirit of the holidays, I thought I would post a couple of charts that I think are worth sharing with those family members and friends who are coming out of the woodwork asking about the not so new asset class. While I don't particularly care about the actual technology behind blockchain, I do think it's important to focus on the behavior of these markets. This is how we can responsibly calculate risk vs reward propositions. That's what this is about at the end of the day right? We're here to make money.

Podcast Season 1 – Ep 11 – Chris Kimble, Technical Analyst & Founder of Kimble Charting Solutions

November 22, 2017


Chris Kimble is one of those Technical Analysts that I started following a long time ago. He incorporates an intermarket approach and consistently uses multiple timeframes. Those are things that definitely get my attention. In this podcast, Chris shares with us some of his experiences with his mentor Sir John Templeton. While we talk about a lot of the lessons that we've learned over the years, this conversation dives into the short-term and longer-term outlook for Gold, the US Dollar, Crude Oil and Interest Rates. Sentiment is something that Chris and I both focus on so I think this conversation is well rounded in terms of having both an educational focus and actionable ideas for the current market environment.

[Chart of the Week] Stocks Break Out Relative to Bonds and Gold!

November 22, 2017

One thing that often gets forgotten is that we don't live in a vacuum. Life in the market is not just about absolute performance, but about how assets behave relative to their peers. The stock market isn't the biggest game in town, it's the bond market. But let's not forget about metals either. When stocks are in bull markets, they're not just going up as a group, they are also outperforming the alternatives.

Today we're taking a look at stocks, not just on their own, but relative to the other assets. We know that on their own stocks are making new all-time highs. This is happening all over the world. Stocks in the U.S. aren't up because of what's happening in New York or Washington DC. Stocks in the U.S. are up because stocks all over the world are going up, both in developed and emerging markets, despite of what is happening in New York and Washington DC.

Some people have this misconception that stocks are in the later innings of this uptrend. I've been arguing, almost religiously, that they are probably much closer to the beginning of the bull market than near the end. So no, this is not the 9th year of a bull market, I think we're probably early in...