While updating our Canadian Chartbooks this weekend, I noticed a few that stood out as offering well-defined opportunities where the reward/risk is skewed in our favor. This short post will...
Momentum and breadth diverged slightly in the major indices and many global markets, leading to a short-term bounce that's been sold into so far. Today I want to look at sector breadth to...
I learned a long time ago from one of my early mentors, "Don't Fight Papa Dow". In other words, this is the most important index in the world. When someone asks you what the market did today, they're wondering how the Dow Jones Industrial...
There are assets out there that have a lower or no correlation with the rest of the U.S. Stock Market. These investments are really helpful, but even more so when we're looking for stocks to buy in an environment where we think most...
There's something fishy going on in Interest Rates and the U.S. Bond market right now. We've been bearish bonds and constructive about higher interest rates for as long as I can remember. This has worked out well. It was a big part of the bullish...
The market is a beautiful thing. We have uptrends and we have downtrends. We weigh the evidence regularly to determine which one of these we’re in, or if it's a sideways trend. Our approach to the market has to depend on the market environment we have...
Over the weekend I ran the performance metrics of the Russell 3000's Sectors and Industries to get some perspective on where the leadership is since the S&P 500's high on October 3rd and...
The big question coming into this wasn't whether or not we wanted to be sellers of stocks, but how low could stocks go? The point I tried to make was that they could go a lot lower than any of us think. I've been around too long and have seen too much...
Marijuana stocks have never been that HIGH on our list of areas to look at given their smaller market-cap, average trading volume, and short price history often inhibits larger players from...
This is the monthly conference call for Premium Members of All Star Charts. In this call we will discuss the global market environment and how to profit from it. As always, this will include Stocks, Interest Rates, Commodities and Currencies. The...
Here is a list of stocks we want to be shorting to profit from the new bearish stock market environment we've been in this month. I believe this type of market is here to stay and here's how we can benefit:
The way I see it, we're either buying stocks at higher levels or we're buying them at lower ones. If this is just a shake out and we take off from here, that's fine. If we go lower, which is the higher probability, then it will take a series of...
Two weeks ago I laid out what it would take for us to start getting more defensive in this market and not just blindly buying any and all dips. The thesis was that if certain things...
The one thing we do know is that stocks are not in a downtrend. New all-time highs are consistent with a stock market environment where prices are rising. We saw new all-time monthly closing highs in most of the major U.S. Stock Indexes last...
There's always a tell. Before the most recent rally we've seen in U.S. stocks since August, Aerospace & Defense stocks were breaking out. It was hard to be bearish equities with this A&D group, an important part of the Industrials sector, and...