In this Episode of Allstarcharts Weekly, Steve and I talk about the newest Sector in America: Communications. Back in 2018, the Index makers took out...
This long weekend we had more time to take a step back and think about the things that are currently going on in the market. A big theme that stuck with us was the strength in stocks in the Utilities sector. The question was/is whether this strength...
Looks like a stock that trades in sympathy with the Homebuilders sector (which we're bullish on) is finally breaking out and ready for us to spring to action....
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...
In late August we started to see some signs of a potential bottom forming in Commodities as they approached long-term support with momentum diverging and in...
You guys know that I just tell it like it is. I don't care what happens. The stock market can double or can get cut in half. Gold can go to zero tomorrow or to 10,000/oz and I won't care. I'm too old to worry about the economic or social implications...
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...
This week's talk of the town is how Financials, particularly Regional Banks, are rolling over relative to the rest of the market at a faster rate than the Yield Curve is rolling over.
In an environment where we want to be buying stocks, we primarily want to focus on areas of relative strength. With that being said, we also want to be aware of...
There's a household name setting up for a bullish breakout to all-time highs sporting the lowest implied volatility in options prices in nearly three years! How do I not play this one?
These are my favorite types of setups and I get to play...
Sometimes the greatest things in the world are right there in front of you.
Of all the charts I look at and indicators that we include in our process, Consumer Staples relative to the S&P500 has to be one of the most valuable. And for that...
