We've seen some bullish thrusts in sectors with ties to the medical and healthcare spaces, and if the broader market has designs on moving higher deeper into the summer, we think leaders will continue to emerge from this area.
On both an absolute and a relative basis, healthcare names continue to perform. I guess the need for quality healthcare is a stronger driver of stock prices than interest rates and global macro? At least for now, that appears to be the case.
Internally, we were talking yesterday about the energy space and the recent pullback in prices. While still the strongest sector in the market in 2022, this move off the highs has been notable.
There is probably a certain segment of the investing population that would look askance at me if I mentioned we're seeing "strength in China." They wouldn't believe that is possible. According to the news media they consume, China is "a mess." Perhaps...
Taking losses is never fun. But it's the most important thing we do.
I wish it were different. I wish smart risk management was an exciting endeavor that made us happy. The kind of thing that makes us want to high-five our friends and adoring...
Well helloooo again volatility! It's been an interesting week.
There are not a whole lot of charts out there that have me too excited to put any aggressive risk on here. But thanks to the jump in volatility, we do have an opportunity to sell...
It's been a minute since we've put some delta-neutral credit spreads on. And while VIX is off its highest levels of the year, there is still plenty of elevated premium in pockets.
The team here at All Star Charts has been monitoring the...
And until new information presents itself to get us looking elsewhere, the strongest names, best bases, and most impressive relative strength continue to be found in the energy space. Who am I to fight the facts...
Chemicals and Fertilizing stocks have been among the sectors that seem to be "benefiting" from supply shocks in the system stemming from the war in Ukraine, as well as just general inflation touching the price of everything (except tech stocks,...
We play with the cards we are dealt. There is nothing else we can do. We cannot employ willpower to create market conditions into being the way we'd prefer them to be. They are what they are, it is what it is. So we work with what we've got.
Back on February 2nd, we initiated a long-term bullish bet in Chevron $CVX January 2024 150-strike calls. You can read all about our thinking at the time here. In short, we were...
If you joined JC and the guys on our live twitter spaces session today, towards the end you heard me venting my current frustration in finding good opportunities to make directional bets in either direction right now. It's tough sticking our neck out...
From a directional standpoint, there currently aren't any stock ideas on the board that are getting me excited to get involved in either direction. Bear markets can do that.
However, from an options premium selling point of view, there are...
Ok, so the market is bouncing and its offering a nice reprieve to those who've been caught on the wrong side of the recent slide. Does this mean the bottom is in?
It's far too early to tell. And that's not the bet we're making just yet. In...