Every 2 weeks I sit down with the good folks at Benzinga to chat about the markets on their morning radio show. Today we went over specific trades that have zero correlation with the S&P500 and Nasdaq100, which are both stuck in a short-term...
On April 5th 2016, I finally got on board and initiated coverage of Bitcoin. For years, readers had been pressing me to analyze the price behavior of Bitcoin, but I never felt it was a big enough/liquid enough market. After a healthy consolidation...
Both American Express and Goldman Sachs have been serious under-performers off both the August 2015 and January 2016 lows when the broader market put in major bottoms. While there...
Last week I shared with you guys what I thought was an interesting breakout. Like I try and do every now and then, I deleted the labels and the y-axis so you guys wouldn't have any biases towards the charts, knowing what it was. Everyone pretty much...
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...
When we talk about "the stock market", some people are referring to the S&P500 or maybe the Dow Jones Industrial Average. But these are just 2 large-cap indexes in one country in the entire world. Cliché or not, this isn't a stock market...
We all have the freedom and ability to focus on any part of the financial markets that we want. Some people get paid to gossip about the federal reserve and others get paid to make money in the market. We all have different objectives. If you're...
It's that time again. I have a mystery chart that I think is worth paying attention to. As always with these, I took out the y-axis and all labels to eliminate any biases. Remember, the idea is not to guess what this actually is (although most of you...
I analyze the behavior of the market and market participants. I do this every day and have been doing this professionally for well over a decade. In 2008 I earned my Chartered Market Technician (CMT)...
When you talk about the "stock market", there is so much more to it than the S&P500 or what the Dow did on a given day, week or month. These are just 2 popular indexes in the most popular country in the world. But in reality, that's all they...
This weekend I took advantage of some time off to go over every single chart that I follow from all over the world. These include U.S. Stocks, Sectors and Indexes, International Indexes, Commodities, Currencies and Interest Rate Markets. There are...
Back in January, Energy Stocks put in their lows on both an absolute and relative basis. Whether you're looking at the big Integrated Names like Exxon and Chevron, or the Services Companies like Schlumberger or Halliburton, or even the Explorers and...
For newer members I want to give a little bit of background on the 2016 Crude Oil Trade. Back in February our line in the sand was $29.60 based on multiple key Fibonacci extensions clustering together near that level. We wanted to be aggressively long...
Relative Strength is something that I take very seriously. When markets are falling, we want to look for stocks holding up the best. That is what we call relative strength and tends to lead us towards the future leaders for ensuing rallies. It's the...
One of the most valuable exercises throughout my process is going through every single country around the world looking at both weekly and daily charts. One by one I make my annotations and take my notes. This is certainly time consuming, but the...
Last week I shared a chart with you guys where I purposely left out the ticker symbol and y axis. The reason I post these mystery charts every now and then is to eliminate...
One of the most valuable tools we have as technicians is the ability to go through every single stock in the Dow Jones Industrial Average and every sector and sub-sector in the S&P500 so that we can weigh all of the evidence. It might take some...
