The Team published a bullish report on Broker-Dealers today and there are a number of names worthy of our consideration for options trades.

What does the market environment look like if stocks are under pressure, and loading up on stocks is probably a bad idea?

Well, I'd argue we'll probably stop seeing new highs in Aussie Dollar and US 10-yr Yields:

It's hard not to laugh a little when we say ridiculous things like,

Regional Bank Stocks continue to be the market leaders during this Global Pandemic...."

Especially in front of a group of investors who think they're smart.

This is like the "least smart" comment you can make, according to some circles...

Introspection is a great quality to have. While a lot of introspection goes into life in general, many market participants fail to identify their errors because they do not review their actions in the market. The one thing that needs to be clear is that no new money is being created in the market. The money is simply shifting hands.

From the desk of Steve Strazza @sstrazza and Louis Sykes @haumicharts

In a recent post discussing cyclicals, we posed the following question:

Are Energy and Financial stocks about to lead the market?

Cyclical groups are catching all the right tailwinds in this environment.

Crude Oil and Yields are pressing to new 52-week highs as investors continue to favor more economically-sensitive stocks and commodities in general. This is a bullish development and supports higher prices for some of the most beaten-down risk assets... even Financials and Energy.

As participation has expanded, we've been vocal about looking for the winners in each group without a sector bias based on relative strength.

The reason for this is simple... In a market where everything seems to be trending higher on an absolute basis, we want to put less emphasis on looking for leadership groups and...

From the desk of Steve Strazza 

Don't miss this weeks Momentum Report; our weekly summation of all the major indexes at a Macro, International, Sector and Industry Group level. As a reminder, we analyze this shorter-term data within the context of the structural trends at play.

This week we're looking at two long setups from the Energy space. Nifty Energy has performed well and its time to start observing its constituents more intently.

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.

When you really dive in and see what's going on, it becomes quite obvious that this will end in disaster for many investors.

Do you know why?

Because that's what always happens.

So what?

Why is that our problem?

What does that have to do with investing and helping my family?

If you take maybe just 30 seconds to study history, you’ll find that most uptrends were not bubbles. They were just uptrends.

There were things that happened this month and even last year that have never happened in the market before. There were even some events that only occurred a few times in history.

So what?

Every month and every year we see the market do things that it's never done before, or maybe has done very rarely.

From the desk of Willie Delwiche.

Constructing a narrative can be risky behavior if you end up trusting the story more than the incoming evidence. When you can remain objective, however, it allows you to position for an expected outcome and then test whether that outcome is being realized. Form a hypothesis and test it. Know your parameters beforehand, don’t seek to justify the action after the fact. If the facts change, change your mind. We’ve been discussing the prospects of a global coordinated rebound in growth. The evidence at hand suggests we are indeed seeing that. I see the chart below as the who, what, where, and how of this story. FCX is mining for Copper in EEM using CAT. If any of these start to falter, it will suggest the story is changing. Currently, that is not the case.

From the desk of Steve Strazza @sstrazza and Louis Sykes @haumicharts

Are we finally entering the long-awaited alt-season?

We're seeing incredibly healthy rotation within the Cryptocurrency space, which we can only interpret as support for higher prices for this group of digital assets moving forward.

We've been bullish on Bitcoin $BTC and crypto since last summer when BTC was near 10,000.

Here's a post in October where JC outlined that the path of least resistance was higher in BTC, and another in December where we outlined a target, which was hit in a matter of days. Our current target for the Crypto leader is 70,000.

The price action is clear: Crypto continues to benefit from a well-established uptrend.

Our main focus today is the broadening participation of many Altcoins (lingo for any Cryptocurrency not named Bitcoin).

Several Altcoins are now breaking...

When the world gets back to normal, you have to believe people will be itching to get back on the road and start traveling again. There are a number of industries that will benefit from this, of course.

And one stock from a beaten down sector in 2020 is making new all time highs right now! This is the kind of trade I want to get into.