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...
The debate that will always persist is the Stocks vs Gold question. Do we own gold? Do we own stocks? Do we own both? What percentage of our portfolio should be in precious metals? Do we own the physical or the ETF? Whether Gold is at new highs or new...
Today we are taking a look at the most important stock sector in the world: Financials. If Financials are leading the stock market higher, it's hard to be bearish equities as an asset class. The first thing we want to do is start from the top with...
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 new positions...
The Bond Market is a very misunderstood place. Usually all we hear are complaints. Fed this, Yellen that, something about her books being beige. I don't know. I can't keep up anymore. To me the Bond Market is place to find information that we can't...
Earlier in 2017, I mentioned this was going to be an exciting year filled with new additions to AllStarCharts.com. I’m excited to announce one of the many today with the launching of...
This concept of new 52-week highs can be somewhat confusing. I get it. How does it work? If we make new highs and the list of new highs doesn't confirm, do we short everything? How do we know if and when the internals of the market have confirmed...
It's the end of the month so you know what that means: Brand new freshly completed monthly candlesticks for us to review. While I normally use weekly charts to get structural perspective on markets and then daily charts for tactical purposes, the...
Precious metals are in a downtrend. There is no question in my mind that prices have been heading lower, not higher. We had a beautiful counter-trend rally...
This is a global market environment. The S&P500 goes up and down based on the collective money flow from investors all over the world, not just within the borders of the United States. There are some people still fighting the civil war who simply...
It's hard being a gold bug. They rarely ever get to be right. But why don't they ever change their mind when the data changes? I don't get it. There is nothing wrong with being bullish gold, but there is something wrong with always...
