This is the video recording of our January 5th, 2021, Monthly Charts Live Strategy Session.

Here is the video in full:

Metals are soaring and we're tracking this space to see if the sector breaks above its resistance. We are currently working on the Quarterly Playbook for our Premium members but wanted to pause and share some interesting ideas with you guys here.

Did you see Crude Oil breaking out above all of those former lows from the past 4 years?

Wow, Crude Oil is back!

Take a look at this massive topping pattern that completed in the first quarter this year. Crude Oil prices are now back above that massive neckline.

From the desk of Louis Sykes @haumicharts

I hope you all had a great Christmas and enjoyed your New Year's celebrations.

It's around this time of the year everyone gets all excited to ramp up their New Year's Resolutions: start exercising more, lose some weight, drink less...

But if there's one resolution I'd like to see more of from technical analysts, it's to keep your charts clean!

This is the video recording of our January 4, 2021 Monthly Charts Live Strategy Session

From the desk of Steve Strazza @Sstrazza and Louis Sykes @haumicharts

At the beginning of each week, we publish performance tables for a variety of different asset classes and categories along with commentary on each.

Looking at the past helps put the future into context. In this post, we review the absolute and relative trends at play and preview some of the things we’re watching in order to profit in the weeks and months ahead.

After several months of consolidation, the major indexes have set the foundation for another leg upward in line with their primary trends. We've been seeing many of them resolve higher in recent weeks.

We continue to see rotation into economically sensitive and cyclical assets - supporting our view that there is a strong appetite, not aversion, for risk.

And the FICC markets continue to confirm this bullish environment for stocks and risk assets.

Let's jump right into this week's report with our US index table.

The defensive Dow Jones Utilities Average was...

Happy New Year! 2021 is here!

I don't know about you, but I'm super excited for this coming year. I'm expecting volatility in both directions. And volatility = opportunity for options traders.

That said, let's not rush into anything. I know... if you're like me you're itching to start firing off trades.

But as the opening 90 minutes of trading has showed us so far today, things can get slippery fast as people and institutions start putting money to work and rotating money around in often sloppy fashion. This is pretty typical in the first couple trading days of any new year.

This week we're looking at a long setup in the FMCG sector that is witnessing a good move. 

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.

This is that post, so let's jump into this week's edition.

Consumer Staples stocks are breaking out to new all-time highs. These are the stocks representing the companies whose services and products we as consumers would still buy regardless of how bad the economy might be. These stocks historically outperform by a lot when stocks in general are under pressure, which makes sense right?

I mean, no matter what, we're still going to brush our teeth and wash our dishes, drink beers and smoke cigarettes. Those are the "Consumer Staples": Procter & Gamble, Pepsi, Philip Morris, etc.

When stocks are doing well, you'll see Staples underperforming, because money is less willing to pay up for those defensive less growthy stocks. I wrote about this here and how this plays into our approach in the current market environment.

From the desk of Steve Strazza @Sstrazza

In a further effort to identify individual equities that fit within our larger more Macro thesis, we couldn't be happier to roll out and share our latest bottoms-up scan: "The Minor Leaguers."

We'll also be writing a post every other week where we outline some of our favorite setups from the watchlist. This is the first edition.

Moving forward, we'll be rotating this column with "Under The Hood" each week.

In order to make it onto our Minor League list, you must have a market cap between $1 and $2B. There are also price and liquidity filters.

Then, we simply sort the stocks by their percentage from new highs. Easy.

And what better time than now to launch a small-cap focused column!? We've seen very strong evidence of a structural rotation down the market cap scale, suggesting a new period of outperformance from small-caps in recent months/quarters.

This should be a great way to take advantage of that trend. Let's dive right in!

Here...

I'm incredibly fortunate to be able to have regular conversations with many of the top Traders, Analysts, PMs and Financial Advisors in the world.

So many of these friends of mine had their best year ever. Some of my friends absolutely crushed 2020, which is not surprising given their prior success and the increased level of opportunities sparked from spikes in volatility earlier in the year.

So what was the common denominator among the ones who succeeded the most? (because I asked them all)

They told me, each in their own ways, that they shut off the news and just listened to the market. You see, the "news" is designed to be a distraction. The better they are at distracting you from what's actually important, the more their precious sponsors will pay them. That's how that works.

The "news" people are not here to help you. In fact, in many cases,...