Commodities and Currencies are telling an interesting story. When you go through each of them one by one, you start to recognize ongoing themes, whether in energy, metals or agriculture. In addition, based on specific strength and weakness in...
One of the big themes that I see globally right now is the inordinate amount of bullish momentum divergences across the board. You can see these even more pronounced in the emerging market countries, although to be fair, they can be found in the...
This week I was driving home and flipping through radio stations on Satellite and I stopped to listen in on what was happening on the financial tv networks. I just learned this week that financial tv networks air their tv stuff on the radio too. Fun...
On Monday afternoon I was over at the Bloomberg West headquarters as a guest on their 4PM show "What'd You miss?". This is a show that I've appeared on a few times from New York, so it was cool to see their San Francisco studios. My take is that the...
After doing my U.S. Sector and Sub-sector review, there is a common theme that I think is worth pointing out. Structurally speaking, things now look worse. The best sectors that had been leading are now breaking uptrend lines and key support....
Going country by country all over the world is one of the best tools that we have as market participants. The value that I’ve gotten over the years from looking at the behavior of all of the countries, instead of just the U.S. is a huge factor in why...
Momentum is a word that is used an awful lot when referring to public markets. You hear people talk about "momentum stocks" or how they're seeing a "momentum shift". Unfortunately most of these references are just off-the-cuff sort of statements that...
The big level that I've been watching in S&Ps has been that 1880-1890 area representing support in August and September, which was also resistance back in early...
When we talk about leadership in the market, I think it's important to go sector by sector to see where the leaders are and where the laggards might be. To help with this study, we take a look at each of the 10 S&P Sectors and compare them to the...
A big reason why I've been bearish towards the U.S. Stock Market is because I'm in the weight-of-the-evidence business and globally stocks have been getting crushed. It was only a matter of time before the selling came to the United States Index. A...
That was fun wasn't it? S&Ps lost a cool 13% since the last week of 2015. You think that's a lot? Emerging Markets lost 16% during that period. The Russell 2000 Small-cap Index lost over 17%. Micro-caps lost over 18%. 13 is nothing. And get used...
While everyone is making a big fuss about S&Ps making new lows, or Oil hitting new lows, or the amount of stocks in the NYSE hitting new lows, believe it or not, there are plenty of things making new highs. So although we've been bearish towards...
The Head and Shoulders experts are popping up everywhere these days. Never has there been a price pattern searched for or imagined in people's minds more than the infamous Head & Shoulders Pattern. Funny, as much as they love to talk about it and...
We held a free webinar this week to show off our new ChartBook and discuss how to best invest for 2016 using intermarket analysis. At All Star Charts, we use a global...
As you guys know very well, we have wanted to be short the majority of the U.S. Sectors and Sub-sectors coming into the new year. While we still have much lower downside targets from a structural perspective, tactically speaking, many of our targets were...
Here's a very simple shorting opportunity in a name that we all know well. This is a bear market, I've been very clear about that for months. The majority of stocks have already fallen more than 10-15% from their recent highs, and in some cases a lot...
Today I want to point to a chart that a really smart friend of mine has been sending me for months. He prefers to remain nameless, you know how these sell side guys roll, so we'll just call him Mr. T. In this Chart, Mr. T has been telling me since the...
