The cryptocurrency market has certainly seen a nice relief bounce over the last few weeks; the average coin is up a notable 60% off its lows.

With this short-term regime in bull territory, let's evaluate how we're approaching this tape from a tactical perspective.

The next new trade in our Paid-to-Play portfolio is:

Was this just a bear market rally?

Or did we just see the initial thrust off the lows before a more sustainable move progresses into the end of the year?

That's a good question to be asking.

And while we don't ever actually know until after the fact anyway, we've set these 2 levels as clear lines in the sand for arguably two of the most important assets on the planet: The S&P500 and Ethereum.

The bottom line is this: If the S&P500 is above 4200 and Ethereum is above 1800 - YOU CANNOT BE SHORT.

George L. Ball, the chief financial officer at Parsons Corporation $PSN, filed a Form 4 revealing a purchase of 35,000 shares of PSN.

That’s equivalent to $1,452,500 worth of his company's stock.

The market has brought up back to the point where we have to increase the headroom on the Adani Group charts again!

These updates have been such great reminders of riding the trend, don't you think? The way these stocks have taken off and continue to move higher is quite the story!

So without any further delay, let's take a look at the levels we're following next!

For starters, let's see where our custom equally weighted index is headed. Of course, we know it's moving higher, but it's important to note the trend.

Well, there we have it! Higher highs, higher lows. Held on to the support zone and bounced off of it. It's now got a little more room before it runs into resistance.

Let's go over the roster sheet now!

From the Desk of Ian Culley @IanCulley

How funny would it be if the US Dollar Index $DXY peaked with the expectations of a 100 basis point rate hike last month?

And what would that mean for risk assets and the stock market rally?

These are just a few questions that float across my mind as I look through currency charts.

To be clear, the DXY isn't showing any signs of a top. Momentum remains in a bullish regime, and the index is holding above the upper bounds of its former range. 

I’m not going out on a limb here and calling a top in the US dollar. Instead, this is all about execution and remaining receptive to all possibilities.

From the desk of Willie Delwiche.

We adjusted our international equity exposure to stay in harmony with global leadership and are putting some money to work domestically following the late-July breadth thrust.

From the desk of Willie Delwiche.

This All Star Charts +Plus Monthly Playbook breaks down the investment universe into a series of largely binary decisions and tactical calls. Paired with our Weight of the Evidence Dashboard and our Playbook Chartbook, this piece is designed to help active asset allocators follow trends, pursue opportunities, and manage risk.

In Focus for August: July brought some relief for investors in diversified portfolios but 2022 has still been a forgettable year in many regards. From an equity market perspective, it’s been a year heavy on volatility and light on strength (more like 2008 than 2017). Bonds haven’t fared much better. Yields are off their highs, but the trend continues to experience one of its most persistent increases in the past 4 decades. It is the persistence of these trends that might be most challenging for investors in the current environment. Bouts of market volatility in recent years, even when they have been severe (like during the COVID lockdowns), have...

Are you seeing Small-caps breaking out to new 4-month highs relative to Large-caps?

This underperformance in Small-caps began in Q1 2021 which, among other things, sparked the beginning of the bear market.

This week would mark the 18-month point, if a bear market is even something we're still in.

This kind of outperformance from Small-caps is not something we've seen over the past 18-months.

The next new trade in our Paid-to-Play portfolio is:

From the Desk of Louis Sykes @haumicharts

Last week, we briefly touched upon bringing the market breadth to cryptocurrencies and the considerations we were taking into account.

You can click here to read that post in full.

After some work and many days of cleaning data, we're happy to introduce some great new metrics we're working up to supplement our cryptocurrency research.

Before we dive in, we want to set a brief framework.

It’s important we lay down a foundation before analyzing this data; there’s little point dedicating the man hours to the research if we don’t know why and how to apply it.

Today’s most significant insider transaction report is another Form 4 filing by Warren Buffett’s Berkshire Hathaway $BRK.A.

Buffet continues to increase his position in Occidental Petroleum $OXY, as he just reported an additional purchase, this one worth roughly $390 million.