I know it's a Technical Analysis no-no to be looking at weekly candlesticks before they're complete, but there's something happening in the Rupee that we need to be paying attention to.
The title of this trade plan is a modified take on a famous old floor traders saw. Basically, when experienced floor traders saw the entire pit screaming to hit the same bid or offer, the rule of thumb was to give 'em what they want. Take the other...
If you ask people what it would take for Small-Caps to begin outperforming you'll get a variety of answers. We need Financials to outperform. We need a weak US Dollar. We need a steeper yield...
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...
Last week we retired our "Five Bull Market Barometers" to make room for a new weekly post that's focused on the three most important charts for the week ahead....
I don't prefer getting long stocks that aren't breaking through to some kind of major new high or an all-time high. But every so often the stars align to play for the end of a major downtrend with some clearly defined levels of support to lean against...
Historically, new 52-week lows are not a characteristic of an uptrend. These are things we see when the asset in question is under pressure. With the Dollar Index continuing to sell-off, what are some of the broader implications?...
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)....
