For those new to the exercise, we take a chart of interest and eliminate the x and y-axes and and all labels eliminated to minimize bias. The chart can be any...
As long as Mr. Market wants to keep grinding volatility premiums in options lower, we'd be foolish not to be buyers of long calls with expirations 4-6 months out in individual names that are showing signs of upward momentum. Who are we to argue with...
What does it mean when you hear, "Overhead Supply"? How does that help anyone?
The market is a beautiful thing. It's driven by supply and demand dynamics, or buyers and sellers, based on reasons that we don't need to know. I've noticed that...
The "Gap and Go" pattern is popular with intraday and swing traders. It is a situation where a stock gaps higher out of a base (often earnings driven), then punishes the opportunistic faders who are playing for the stock to come back and "fill the gap...
In today's video I sit down with Phil Pearlman to discuss Phone Addiction. Many of us are unaware and even more people don't even care to be aware. Is it the power that we have in our phones? Or do the phones have the power over us? Phil offers some...
One of the most important parts of my process in selecting potential options trades is to assess the current volatility situation. Everything else being equal, I like to put on trades that position myself for volatility to revert to its mean. In other...
The market remains a “hot mess", so we’re looking under the surface at breadth and risk appetite measures to identify clues as to the potential direction that this 15-month range will resolve...
I've been talking markets with Liz Claman for the better part of the last decade. Whenever I'm in New York, I like to swing by the FOX studios to say hello. This week we discussed the relative strength in Semi's and how I think they will lead stocks...
I'm in New York this week for the annual CMT Association Symposium. I always learn so much at this event, not just from the presentations, but from the attendees themselves. A lot of smart folks in one room is a win for all of us.
Sean and I have known each other for over a decade but there are still things he's interested in learning about my experiences. In this video, Sean asks me how playing baseball made me a better trader or investor. The key takeaways here are:
The All Star Charts team is not wildly bullish on US stocks here, though the consensus is that eventually we resume higher out of some sideways action that might take a few...
We have to play the cards we're dealt. Like it or not, this is the environment we're forced to invest in, but only if you want to. You don't have to invest. Cash has been a viable...
Due to a scheduling conflict around the annual CMT Symposium in New York, JC and I will be doing our monthly conference call a little later in the cycle this month. But have no worries, I'll provide some updates below on positions we have open with...
We've been erring on the long side of stocks for the last 6 weeks, taking trades where the reward/risk is heavily skewed in our favor, but are still seeing mixed evidence regarding the market's ability to make new highs in the short-term.
