Skip to main content

Displaying 5821 - 5832 of 12231

The Virtual Trading Pit

April 30, 2022

Twitter is on everyone’s mind these days. In light of Elon Musk’s takeover, there are a lot of people with mixed thoughts/feelings about the platform. But I for one am incredibly grateful for what Twitter has brought into my world.

During the depths of the financial crisis, I was trading (poorly) from home. I had left my office at the Chicago Board of Trade a couple years prior and I was having a hard time adjusting to being away from “my people.”

I missed the camaraderie of being around other traders. I missed the serendipitous strategy brainstorms. I was lacking the sounding boards to vent after a bad trading day, or to celebrate after a good one. And there was nobody else on Earth who understood the inside jokes and mannerisms that were second nature to those of us who attempt to pull money from the markets on a daily basis.

We are a different breed of human animal.

In March 2009 as the stock market was nearing the bottom of the Great Financial Crisis, I read an article in Barron’s that mentioned this “new online community called Twitter” and it highlighted people in finance who were using the platform to share trading ideas and network....

All Star Charts Premium

Passing the Torch to Grains

April 29, 2022

From the desk of Steven Strazza @Sstrazza and Ian Culley @Ianculley  

The rally in some commodities has been near-vertical this year.

And we’re seeing this strength across the entire complex -- from energy contracts like crude oil to base metals such as tin and even grain markets like wheat.

While these kinds of moves are bullish over longer time frames, when things get too hot (like they have), it’s often not sustainable on a tactical basis. 

This is the situation right now for a lot of commodities. We think a period of well-deserved digestion is underway for the broader asset class.

But this doesn’t mean there won’t be fresh up-legs taking place in some individual contracts.

As this new secular bull market matures, pockets of strength will rotate across the space. Our only job is to find the emerging leadership.

Today, energy and base metals are correcting after explosive rallies while strength emerges from the agricultural complex -- especially grains.

Not only are grains...

All Star Charts Premium

International Hall of Famers (04-29-2022)

April 29, 2022

From the desk of Steve Strazza @Sstrazza

Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.

We’ve also sprinkled in some of the largest ADRs from countries that did not make the market-cap cut. 

These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.

It’s got all the big names and more--but only those that are based outside the US. You can find all the largest US stocks on our original Hall of Famers list.

The beauty of these scans is really in their simplicity.

We take the largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.

Based on the market environment, we can also flip the scan on its head and filter for weakness.

Let’s dive in and take a look at some of the most important stocks from around the world.

Here’s this week’s list:

...

All Star Options

[Options Premium] Written Jam Session

April 29, 2022

Hey everybody. We aren't able to put up a video Jam Session this week as the whole team is off-site in Washington, D.C. attending the CMT Annual Symposium.

Need proof? Here's me, JC, Strazza, and friends in front of the White House at midnight last night! :)

But I still want to update you on action in our open trades this week, as it's been a busy one. So here goes:

Financial Stocks See Form 4s Flow

April 29, 2022

The big insider news from Thursday came in a Form 4 filing by RA Capital Management.

The firm reported a purchase of 2,200,000 shares of Nkarta Inc $NKTX, representing an ownership stake of 23%.

All Star Charts Crypto

The Unofficial Bitcoin ETF

April 28, 2022

Not everyone has the luxury of slinging cryptocurrencies in the world of DeFi protocols, exchanges, and wallets.

Others have to lean on traditional investment vehicles to gain crypto exposure.

There's a ton of potential candidates in the stock market to lean on to express a given crypto thesis, but it's all about choosing the right names.

We've been pointing out the dispersion of performance between crypto equities and the underlying cryptocurrencies themselves; the stocks have underperformed, while the coins have outperformed.

But it isn't that simple -- there's some level of nuance involved.

 

 

 

[PLUS] Weekly Sentiment Report

April 27, 2022

From the desk of Willie Delwiche.

Key Takeaway:  The lack of a meaningful rebound in price sustains a subdued atmosphere across the market. Sellers continue to drive prices lower and equity put/call ratios are on the rise. But due to the overwhelming decline in call volume this speaks more to a lack of risk appetite than outright fear. While pessimism is certainly present and has reached levels associated with opportunity, there is still plenty of room for sentiment to unwind. Current conditions carry significant risks with lackluster price action and  equity ETFs starting to experience net outflows (three weeks in a row and four of the past five weeks). Simply put: we have not seen significant evidence of capitulation. Just because the recent market environment has been tough doesn’t mean it can’t get worse.

Sentiment Report Chart of the Week:  Is “As Bad As It’s Been” Good Enough?

Recent selling pressure has pushed the NASDAQ 100 into negative territory on a year-over-year basis. That has been unfamiliar...

All Star Charts Premium,
2 to 100 Club

2 to 100 Club (04-27-2022)

April 27, 2022

From the desk of Steve Strazza @Sstrazza

Welcome to the 2 to 100 Club.

As many of you know, something we've been working on internally is using various bottom-up tools and scans to complement our top-down approach. It's really been working for us!

One way we're doing this is by identifying the strongest growth stocks as they climb the market-cap ladder from small- to mid- to large- and, ultimately, to mega-cap status (over $200B).

Once they graduate from small-cap to mid-cap status (over $2B), they come on our radar. Likewise, when they surpass the roughly $30B mark, they roll off our list.

But the scan doesn't just end there.

We only want to look at the strongest growth industries in the market, as that is typically where these potential 50-baggers come from.

Some of the best performers in recent decades – stocks like Priceline, Amazon, Netflix, Salesforce, and myriad others – would have been on this list at some point during...

The All Star Momentum Scan

April 27, 2022

We debuted a new scan recently which goes by the name- All Star Momentum.

All Star Momentum is a brand new scan that guides us towards the very best stocks in the market. This time around, we have incorporated our stock universe of Nifty 500 as the base. Among the 500 stocks that we follow, this scan will pump out names that are most likely to outperform the market.