I've been following a name All Star Charts has been long from the Young Aristocrats column since late last year. Strazza and the team recently reiterated the bullish setup in this stock in a report on the Space Exploration industry.

I've been waiting for a pullback to get involved, and today feels like the pullback I've been waiting for.

From the desk of Steve Strazza @Sstrazza

In our continued effort to identify individual equities that fit within our larger Macro thesis, we recently rolled out our latest bottoms-up scan: "The Minor Leaguers."

We write a post every other week where we outline some of our favorite setups from this universe of stocks.

We've already had some great trades come out of this column and couldn't be happier about the early feedback.

Moving forward, we'll be rotating this column with "Under The Hood" each week.

Ultimately, to make the cut for our Minor Leagues list, you must have a market cap between $1 and $2B. There are also price and liquidity filters.

Then, we simply sort the stocks by their percentage from new highs. Easy done.

The idea is to catch the strongest names while they're still small and have serious upside potential. If any of these stocks ever climb up...

After some recent events over the weekend, I thought this would be as good of a time as any to remind everyone, once again, what Technical Analysis actually is....

Technical Analysis is the study of the behavior of the market, and therefore its participants, as opposed to the goods and the services in which a particular market deals. 

If you are recognizing that the trend for stocks is up, or maybe down, you are a Technician.

If you acknowledge, in any way, that the fed purchasing bonds impacts market prices, you are a Technician.

If you think volatility for stocks is low, or high, or that the Volatility Index $VIX is even a thing, you are analyzing a price derivative of the S&P500, and therefore, performing classic technical analysis.

Are you analyzing the behavior of the market and its...

As we progress into Q1 of Fiscal Year 2021-2022, this playbook outlines our thoughts on every asset class and our plan to profit.

This playbook will cover our macro view, touching on Equities, Commodities, Currencies, and Rates, as well as outline our views on the major nifty indices and the sector/thematic indices.

We also cover individual stocks we want to be buying to take advantage of the themes discussed in the playbook.

From the desk of Steve Strazza @Sstrazza

Our Top 10 report was just published. In this weekly note, we highlight 10 of the most important charts or themes we're currently seeing in asset classes around the world.

The Growth Vs Value Cheat Code

We’ve pounded the table about that 1.70 level being the line in the sand for the relative trend in Growth vs Value. If we’re below there - which we believe we’re likely to remain, then we want to continue to be overweight Value and cyclicals. If the ratio decisively reclaims this level then we’ll have to rethink our entire thesis, along with that of a new Commodities Supercycle. But, that’s not the bet we’re making at all.

The chart below shows Growth vs Value (IWF/IWD) overlaid with Tech vs Financials (XLK/XLF) as these are the main drivers of the two factors. We believe there is incredible information in the Tech vs Financials ratio. It was tested, and successfully defended in both April and June of last year, as well as again in early March of this year. Clearly, this area is a battleground for this relative ratio… And...

From the desk of Steve Strazza @Sstrazza and Ian Culley @IanCulley

Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.

By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the context of the big picture and provides insights regarding the structural trends at play.

Let's jump right into it with some of the major takeaways from this week's report:

* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.

Macro:

• Procyclical Commodities led this week, with Copper up over 4% and Lumber posting a solid 6% gain.
• With that said, the biggest loser of the week was Crude Oil (-1.57%), which is also cyclical in nature... This is a good example of how things are just messy right now.
• We had a single asset make a new low this week... The US...

This week I had a fun chat with Manish Khatta over at Potomac Funds.

He asked me a fun question, that if I could only take one chart with me, what would it be?

What do you think I said?

Give it a watch and see for yourself:

From the desk of Steve Strazza @Sstrazza

As many of you know, we run A LOT of scans here at All Star Charts. In fact, I gave a presentation about them this past weekend at Chart Summit which you can rewatch here.

In this post, we're going to share a free trade idea from our Young Aristocrats list which is one of my absolute favorites of all the various bottoms-up scans I regularly run.

The rationale behind the list and corresponding monthly column is to catch strong stocks when they are still in the early stages of their dividend growth phase* in hopes that by doing so, we'll be buying some of the future Dividend Aristocrats...

This week we're looking at a long setup in the Metal sector. There are a handful of sectors that are outperforming the market as Nifty 50 continues to move sideways, and Metal has been a consistent name there.

We retired our "Five Bull Market Barometers" in mid-July to make room for a new weekly post that's focused on the three most important charts for the week ahead.

This is that post, so let's jump into this week's edition.

I hope you all enjoyed attending Chart Summit as much as I enjoyed hosting it!

I must say, I'm still amazed that we were able to pull that off, and I couldn't be more proud of the team behind me and the presenters virtually alongside me, who helped make it all possible.

A lot of you have reached out wondering how you can view the replays of last weekend's presentations. And well, the wait is over!

All the presentations have been archived and posted at ChartSummit.com. As a heads up, you will be required to register to the site to access the replays, which is a quick and simple process. Don't worry.

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

Pockets of strength are once again emerging within the Commodity space.

We pointed out that both the CRB Index and the ASC EW33 Commodity Index were breaking above key resistance levels, pointing to a burgeoning upside move last week.

That upside move has now materialized!

We saw Industrial Metals -- including Copper, Steel, and Aluminum -- continue to follow-through as they grind higher. 

But this week’s biggest moves came from the Agricultural Commodities.

Let’s take a look at the recent strength in Ags using our custom ASC Equally-weighted Agriculture Index.

The next leg higher has started for the Ag sector as the index sliced through a six-week consolidation. We’re also seeing similar consolidations and upside resolutions in Corn and Soybeans. 

Meanwhile, Grain markets and Lumber continue to lead the rally....