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...
I'm extremely fortunate to have a front row seat to the most incredible display of human emotions in the history of mankind. Every day I get to watch markets move up and down based on fear and greed competing with one another at all times. One of the...
US Treasury Bonds have been a market that we've been watching very closely over the past couple of months. Remember this had been a favorite short of mine since the Summer, but all of our downside targets were hit in the 4th quarter. Since then, it...
Here is a list of trade ideas organized by date, ticker symbol and directional bias. Please make sure you have clicked on the link and read the details surrounding the trade before acting upon any of them. Also, make sure you have checked with your...
The year 2016 is now in the books. As market participants, it is our job to prepare for the coming quarter. We don't care much for year end targets. Those are just a marketing gimmick for wall street sell side firms. The media irresponsibly parades...
I like buying stocks that are going up. If there is anything that the market has taught us over the past hundred years is that market prices trend. The major averages, individual sectors, stocks, commodities, currencies, interest rates, they all trend...
I've been a full time technician for well over a decade. During this time, I've been lucky enough to meet and become close friends with some of the best and brightest technicians in the world. I regularly discuss the markets with them over email as...
I love technical analysis. I really do. There's no question that finding a nice chart brings a great amount of joy to my life. Today I want to share with you what I think is one of the most important developments to occur over the past couple of...
One of the more impressive moves that we've seen in 2016 is in the Industrial space. While we came into the year near multi-year lows on a relative basis (XLI/SPY), we entered December hitting new all-time highs relative to the S&P500. You want to...
Most of us are here to try and make money in the market. Some others are just here to make noise and create content they think will help them drive traffic to sell ads. The importance of the Dow Jones Industrial Average hitting 20,000 is one of the...
Every month I host a conference call for All Star Charts Members where we discuss ongoing themes throughout the global marketplace as well as changes in trends where new positions would be...
For someone who uses Dow Theory every single day, it's not something that I write about much. I may indirectly reference certain tenets all the time, but rarely do I write specifically about the 130 year old Dow Theory. I think I pretty much laid it...
I could not be happier to see this rally in stocks all over the world. The Transportation stocks in particular have been especially impressive (See here...
One of the more interesting scenarios across the global market place is what is happening in the US Dollar, and the Euro component more specifically. Remember, the Euro represents a majority in the entire US Dollar Index. On Monday, the Euro engulfed...
I like to keep an open mind. The one thing I'm certain of is that I'm not certain of anything. So I weigh all of the evidence and then try to find the best risk vs reward opportunities based on the cards that we've been dealt. We can't let our...
One of the characteristics of bull markets and strong uptrends is sector rotation. While Technology was the first to start leading the market higher in July, Financials and Transportation stocks have recently held the leadership duties. You can start...
When we talk about asset allocation, similar questions often come up: More International stocks? More Emerging Markets? More US Investments? Where do we rotate as we head into next year? These are all common themes normally brought up in this type of...
Last week I shared with you guys a "Mystery Chart" without any labels on it. The point of this exercise is to eliminate any biases and focus only on facts...