We're always focused on positioning. Stocks don't go up because of some article written by a 26 year old journalist who has never made a trade in her life. Stocks move based on positioning from institutions. When the market is caught leaning the wrong...
The Island Reversal is a rare but important pattern that has shown up across many of India's Major Indexes this month. As a result, I want to use this post as an educational opportunity to highlight what this pattern is, as well as explain how we're...
A few weeks ago I took a look at the Precious Metals space from the top-down for Premium Members of Allstarcharts, concluding that despite stretched sentiment there's...
After a more than 40% year-to-date and 60% 2-year decline, we've been eyeing Tata Motors on the long side for some mean reversion. For the last two months the stock has been range-bound, but the recent breakout has shifted the reward/risk in favor of...
This week's "Chart of The Week" is exploring the potential 20% upside in Tata Motors, however, I want to use this post to explore the rest of the Automobile...
I think the overwhelming theme here is that there are a lot more stocks I want to buy than stocks I want to sell. Why do we need to over complicate this?
Another thing I'm seeing is the January highs as a reference point. The question is...
For us, the big question going into the weekend was whether or not the most recent leg higher in U.S. Stocks is the beginning of something bigger, a breakout of epic proportions, or just a major whipsaw that will lead to further selling into September...
For most of this year we've been writing about the overwhelming amount of bullish evidence for US Equities, however, as part of our "weight of the evidence" approach we're always questioning...
The Nifty Financial Services Index accounts for roughly a third of the Nifty 500's weighting. With the next largest components Consumer Goods (13.40%), Energy (12%), and IT (10.90%) ripping to the upside, we know that they'll eventually need to rest,...
August's monthly charts are out for Premium Members, but in this post I want to highlight some of the key changes to, or continuation of, the structural trends that...
This is easily the most valuable exercise I do each month. It takes me half an hour, just 12 times a year. It's the best 6 hours I'll spend in 2018. It helps eliminate the noise by forcing us to only look once a month. It brings us home, to the...
Over the last few months we've talked about the diminishing number of short setups as even the weakest sectors and individual names begin to stabilize, however, we're still open to short opportunities. So today I want to discuss what goes into our...
In our last India Chartbook Update post we discussed a continuation of the trends we've been seeing for most of 2018, as well as some new developments in the...
The Baseball-almanac calls the 7th Inning Stretch, "Perhaps the most mundane, yet physically rewarding moment of every baseball game". Over time, I've learned to respect this time of the stock market calendar year in a similar manner. The...
This week I had the chance to visit Toronto for the first time. I spent a couple of days meeting with investors, doing a TV spot and taking in some of the things Canada has to offer.
I was invited to speak at the Toronto CFA Society to talk...
Sector rotation. Sector rotation. Sector rotation. I probably sound like a broken record at this point, but today's theme is once again...sector rotation. This time it's Transports being...