It feels good to be back in the office listening to music and ripping through charts! This is something I love to do. The past few weeks were incredible. I met with a lot of...
A week ago we outlined two major breakouts in the largest components of the Nifty Infrastructure and Nifty Public Sector Bank Indexes, however, we also outlined the...
Late last week we discussed the structural breakout in Larsen & Toubro, so today we want to look into the entire sector to see what other opportunities there are...
We've been writing about the lack of trend in India and Equities around the globe for months and despite the breakout to new highs in the Nifty 50 and several Large-Cap stocks,...
While updating our Members-Only Chartbooks today we came across two major breakouts that need to be pointed out as they play key roles in the Infrastructure and Public Sector Bank...
Elections, as with other major world events, introduce a lot of new information that market participants need to digest. This often causes increased volatility as expectations are adjusted and buyers and sellers battle to establish a trend.
We've spoken about the lack of trend in the Major Indexes for a while now, but another theme that's becoming more and more pervasive is the weakness in Tech stocks.
There are trends people tend to pick up on indirectly, usually by looking at individual stock charts or ETFs on an absolute basis, seeing the relative strength/weakness, and connecting the...
Twice a year the Nifty Indexes are reconstituted on March 31 and September 30, replacing stocks that don't fit the criteria with those that do. This past weekend we adjusted our chartbooks to reflect the changes that occurred at the end of the first...
We hear this term a lot: "Overhead Supply". But what does that mean exactly?
Well, I'll tell you what it means to me. When I look at today's stock market, I see stocks rallying throughout 2017 and running into resistance, or more selling than...