JC Parets, who holds a Chartered Market Technician (CMT) designation, is the founder of All Star Charts and is one of the most widely followed Technical Analysts in the world. All Star Charts is a research platform for both professional and retail investors covering US and International stocks, interest rates, commodities and forex markets.
JC’s work has been featured regularly on Bloomberg, CNBC, Fox Business, ABC, CNN, Wall Street Journal and many other financial media outlets around the world. You will often see JC as a speaker at some of the top investing conferences; he has also been invited to speak at Harvard, Duke, NYU, University of Chicago and Hong Kong Baptist University, among other institutions, about Technical Analysis and Behavioral Finance. JC specializes in finding the most opportunistic risk vs reward propositions while at the same time bringing a top/down approach to the marketplace whose wide spectrum is rivaled by few.
In 2017, JC launched Technical Analysis Radio, a podcast dedicated to Technical Analysis and the Technicians who practice it.
When he is not looking at charts, JC enjoys playing and watching sports, good food and good wine. He splits time between New York City, Miami and Sonoma Valley but also does his best to travel the world speaking to investors from different cultures always striving to become a wiser investor.
These are historic returns being put up in 2025, so investors should be very pleased right?
Nope.
We have some of the most historically bearish sentiment on record. And it's mostly because Large-cap U.S. growth has been such a massive underperformer in 2025.
Look at these epic returns across Asia, Europe and Latin America. And compare them to the negative performance in the United States.
Listen, I understand that many Americans have an irresponsible amount of U.S. Large-cap Growth in their portfolio.
I get that.
And those kinds of people are getting smoked in this environment.
The U.S. is the last place you want to be invested this year. And the data shows.
What's hilarious is that in Q4 last year, the journalists parading around as economists suggested on the cover of their print magazine that the United States was the envy of the world.
During bull markets you regularly see the laggards catch up to the leaders. That sort of rotation is perfectly consistent with bull markets throughout history.
During bear markets, it's often the remaining leaders that ultimately catch down to the original losers leading the market lower.
And that's the big question right now. Is the fact that the U.S. is lagging lately just the beginning of more selling coming for stocks?
Or does the lagging U.S. catch up to the leaders all over the world.
Look at the expansion in participation across continents:
I think about it like this.
There have been and continue to be opportunities in stocks with exposure to these types of markets.
Remember that they are very different to the mega-cap Tech-heavy U.S. indexes. Foreign markets generally have a lot more exposure to Industrials, Financials and Natural Resources than American indexes.
As you can see, we continue to focus on the things that are working, and rotation is working. It often does during bull markets.
While all this is happening, we've already started to see relative strength from...
