One of the most classic characteristics of markets that are not trending higher is when momentum is getting oversold. Markets in uptrends don't get oversold. They get overbought! Think about it: How can an overwhelming amount of buyers possibly be a...
The smartest people I know consume the most content by reading books and listening to podcasts. That's just what it is. The common denominator among some of the least successful people I know is that they don't read books or listen to podcasts. They...
It's important to not only have a broader perspective on the market, but to look underneath the surface to see what is actually taking place. Precious Metals haven't exactly been my favorite asset class lately. It's for good reason too. There have...
This week I invited everyone to a free webinar where I walked through my process to find only the most favorable risk vs reward opportunities. The point of this exercise was not just to make a list of hot stocks. Our purpose here is to do the homework...
You guys know how much I like my intermarket analysis. It's a tool that we have as market participants that simply cannot be ignored. If you're putting together a portfolio for a client, managing your own account or just looking for major trends,...
We're in the middle of Summer and markets are quiet, almost too quiet. It's easy to overthink things this time of the year and get lost in noise that is mostly made up to fill space. There isn't much going on right now for market participants, so it...
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...
Chemical stocks are breaking out to all-time highs. It's not just one or two of them either, they are doing this collectively as a unit. When we see broad-based participation out of a group, it's not something we want to ignore. Today I want to smooth...
With Chemical Stocks breaking out to all-time highs, I can't think of a better time than now to do a deep dive analysis on what is going on in the space. You guys know how much I've liked the Chemicals for a while now. This has been a monster since...
Today we're going to focus on what is taking place specifically in the Consumer Discretionary space. This is one of the largest sectors in the S&P500 with respects to the number of components, but the differences between all of the stocks in the...
For over a decade I lived in New York City and had the opportunity to eat and drink very well. It’s hard not to in that town. Throughout the years I had clients who invited me to great restaurants where we had amazing food and drank awesome wine. Many...
If you told the average market participant that momentum stocks outperformed this week and are in the process of breaking out relative to the overall market, they would say you're crazy. But for those of us who ignore the gossip columns and instead...
I've been out of town for the past week clearing my head and taking a break from markets. This is one of the most important parts of my entire process. I explained why in this post. While...
Taking time off regularly has been one of the most rewarding parts of my professional life. This is especially the case in recent years now that I've finally recognized its true value. Besides the obvious fun and relaxing parts about a vacation, it's...
This week was our monthly conference call for Premium Members. We discussed a lot of things, mostly surrounding the fact that stocks are in uptrends all over the...