Think about how well everything is going this year! The S&P500 is up almost 20%. Bonds are up 22% and even Gold is up 17%! Heck Bitcoin has more than doubled! Can things get any better than this???

This is my Q4 2019 Playbook.

Geez... the calendar turned into October and traders are acting like Halloween is already here! The up-and-down trading action so far in the first three days of October can be downright frightening if you're chasing every whipsaw in this schizo tape.

Considering my portfolio is leaning a bit long at the moment, it feels prudent to put some downside exposure on.

The biotech space has been a laggard all year. If broader markets still have additional spook in them, it is likely biotechs will lead the way. So I'm positioning myself accordingly.

In our last Chart of The Week, we took a look at Pharmaceuticals to identify opportunities on the short side of that sector.

Today we're taking a step back and at the performance of Emerging Market equities as an asset class.

How are you liking the day to day swings in the market? Is it too much for you? Go through this checklist and make sure these questions are answered before moving forward.

Today, I thought it would add value to take a step back and see what's happening in the market bigger picture. They love distracting you with noisy headlines, but the way we approach it is: Whenever In Doubt, Zoom Out!

Here's how we see things in Stocks bigger picture:

We're all here for different reasons. Each of us have our own time horizons. My risk tolerance is different than yours.

There are 3 questions every investor should answer before ever entering into a new position:

1. Why am I here?
2. What is my time horizon?
3. How much am I willing to lose?

Let's address each of these one by one:

From the desk of Tom Bruni @BruniCharting

Tuesday's Mystery Chart is one of my favorite charts right now, so thank you all for your feedback and participation.

It seems almost everyone was on the same page here, getting involved in some way, shape, or form on the long side.

With that as our backdrop, let's get into it.

From the desk of Tom Bruni @BruniCharting

In late August we wrote about the weakness in Biotech and its coming breakdown on an absolute basis.

Now that we've gotten that breakdown, let's take a look at the entire Healthcare sector and identify what risks remain.

Hey guys I'm coming to Cleveland on Thursday October 24th. I will be a guest speaker at the Northern Ohio Chapter of the CMT Association. It should be a lot of fun. I hope you can make it!

Here are the details: 

Stocks are still trying to break out of this massive range since early 2018. After some selling early this week, the range is still intact. I think this chart of the Global 100 Index tells the story best:

From the desk of Tom Bruni @BruniCharting

Today we're taking a look at one of the most important Emerging Markets out there, Brazil, on an absolute and relative basis.

Let's see what's going on there.

Today we're looking at our updated Monthly Chartbooks to identify the structural trends in India's major indices, sectors, and stocks.