Every month I host a conference call for All Star Charts 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 have been bullish towards both U.S. and International stocks since early July and are seeing money rotate into new sectors and countries showing leadership. We will be discussing this in detail Wednesday.
We will also be focusing particular attention on precious metals: gold and silver. I think we've seen enough evidence to suggest there is a major trend in place and will discuss ways to profit from it in the coming months.
This month's Conference Call will be held on Wednesday August 17, 2016 at 7PM ET. Here are the Registration Details:
The way I learned it, "The bigger the base, the higher in space". In other words, the longer prices consolidate in a narrow range, the more powerful the ultimate resolution. I think we have a good example of this type of behavior in the Industrial Sector. Today we're breaking down why I think there is a lot of room to the upside for these guys.
Every 2 weeks I sit down with the good folks at Benzinga to chat about the markets on their morning radio show. Today we discussed the rotation in stocks out of more interest rate sensitive sectors like Utilities and Staples and into things like Technology and Financials. This is all taking place as interest rates mean revert higher and bonds come off their highs. I think rates continue to spike and bonds are still a fade on any strength. We also go over Crude Oil, Apple and precious metals.
U.S. Treasury Bonds have been in a beautiful uptrend for 35 years. This is nothing new. But within uptrends, we often see severe corrections that have presented very favorable risk vs reward opportunities in the past. I think today is one of those scenarios. Here are the details:
One of the things that I take most pride in is my ability to keep an open mind and consider every outcome. This goes for all markets, not just stocks. But today I have a solid if/then scenario that I think every U.S. stock market bull should be watching. If this particular index is above certain levels, not only do I see no reason to be bearish, but I think having above average long exposure is warranted.
Every 2 weeks I sit down with the good folks at Benzinga to chat about the markets on their morning radio show. Today we discussed the recent breakouts in important sectors like Technology and Industrials. The fact that we're seeing expansion in breadth across other countries, particularly in Emerging Markets and Latin America, suggests there is real risk appetite out there for stocks. There are many favorable risk vs reward opportunities out there today and we went over several of them this morning.