With markets pointing higher (if you follow price and ignore the headlines, like a responsible trader), it makes sense to take good looks at stocks coming out of strong bases. One hospital stock recently caught our attention as it is...
This is not just a Stock Market, this is a "Market of Stocks". And not just Stocks from America, but Stocks all over the world. Stocks don't move up and down because of what is happening in New York or Washington DC. They move based on the...
Daily charts get a lot of love. I certainly preach the value of monthly charts every 30 days or so. But the weekly charts, ladies in gentlemen....the Weekly Charts, allow us to see through the day-to-day noise, but keeps us within an intermediate-term...
Imagine being in a business where you take a nearly risk-free slice of every transaction, world-wide. That would be a lot of money. Well, companies which do just that do exist, and they likely take up some real estate in your...
In this Episode of Allstarcharts Weekly, Steve and I talk about how important it is for Transports, Small-caps and Micro-caps to hold above their August lows. This is a major risk...
The headlines certainly haven't been kind to any stock whose company does business in China. You wouldn't be faulted for being cautious in this space. That said, there is one very familiar name that in spite of it all has continued to hang in there,...
Today we're taking a look at an index that often gets ignored. The Value Line Geometric Index is currently flirting with a multi-decade breakout. This is an equally weighted index using a geometric average, so the daily change is closest to the median...
It's my favorite exercise each month. There is nothing else I do throughout my entire process that provides as much value as my Monthly Chart Review. Here's what stood out to me this month:
Let's start with Papa Dow. The Dow Jones Industrial...
It's that time of the cycle where we begin to evaluate our open positions that are soon expiring. We had a number of September expiration trades that have already closed -- either because their profit target was achieved ($XLB $XLE) or their stop loss...
Retail ETF XRT is at an interesting level, so in this post we're gonna take a look at its chart and what the internals are suggesting for the sector in the weeks/months ahead.
Continuing a theme that we started the week with, we're still on the hunt for attractive long opportunities in the strongest sectors. When markets get choppy and uncertainty about market regime change looms, I seek relative safety in the corners of...
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...
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 any asset class on any timeframe on an absolute or...
In this Episode of Allstarcharts Weekly, Steve and I talk the relative performance of stocks. When assets are in strong uptrends, they not only perform on an absolute basis, but...
