Stocks are set to rip higher at the open today, which makes it tough to buy into some bullish opportunities here as they all will be running away from us. However, there is one name setting up where today's enthusiasm should help us push through some minor resistance and get us targeting new all-time highs that were last seen back in September.

Today we're exploring opportunities in two beaten-down sectors that look ripe for a squeeze.

From the desk of Tom Bruni @BruniCharting

We've been bearish the Micro/Small/Mid-Caps relative to Large and Mega-Caps from a structural perspective for most of the last year, however, last week's rally confirmed the conditions we look to indicate potential outperformance in the coming weeks and months.

Monthly charts force us to take a step back and identify the direction of the primary trend. By erring in the direction of these trends, we are increasing our probabilities of success. Markets trend. That's why Technical Analysis works. This process at the end of each month is arguably the most valuable part of all the work I do. I can tell you that from the bottom of my heart.

One that definitely stands out here is the Dow Jones Industrial Average going out at new all-time monthly closing highs. This is the highest monthly close in the history of the stock market:

Another interesting one is Gold going out at new 6-year highs:

Here are Gold Miners doing something we haven't seen in a long long time:

The Broker Dealers & Exchanges Index has had every...

One question that I get a lot comes from new investors, "Hey JC, I'm starting to get into the market for the first time, any advice?"

For me, I'm convinced you have to get kicked in the stomach, at least once, but likely even more than that, to finally understand the importance of Risk Management. But if you can somehow figure out a way to just take my word for it, and eliminate your emotionally driven decisions completely, I believe it puts you way ahead of 99% of market participants around the world.

If broader markets are going to continue higher, we've got to expect the banks to participate and even lead. If that's the case, we're limiting our risk and betting on one of the bluest of the Blue Chips breaking into blue skies.

The Nifty Metal Index has been dead money for a while, but we are finally starting to see signs of stabilization within the space.

While there aren't a lot of actionable trades right now, we think that rotation into this area is a positive for the broader market and will offer some great setups on the long side in the second half of this year.

For over a decade I've been following the annual Technical Analyst Awards each year when they come out. I get excited when my friends are finalists and even award winners.

I am incredibly proud to announce that Allstarcharts Research is the 2019 Winner for Best Fixed Income Research!

Our work was also chosen as a Finalist in 3 other categories:

• Best Equity Research
• Best Multi-Asset Research
• Technical Analyst of the Year

From the desk of Tom Bruni @BruniCharting

We just sent out the Top 10 Charts of The Week Report that goes out to our Institutional Clients every Wednesday morning, and while I may be biased, I really enjoyed putting together week's edition.

We discussed a few market themes as we typically do and then identified several actionable trade ideas on both the weekly and daily timeframes.

With that said, I wanted to share one chart and its caption because I think they sum up the current market environment pretty well.

The technical reasons for remaining bullish US Stocks continue to outnumber the bearish reasons. And there are some stocks already getting started on the next leg higher. Though we are in the bullish camp over here, some elevated caution is necessary.

Today's play is one that takes advantage of a well established trend, yet reduces our cost and has an exit in case an inflection point sending stocks the other way develops.

I was lucky to spend a few weeks in Europe earlier this month meeting with customers, colleagues and old friends. For me it's easy to get up in front of a crowd and talk about the charts that I've been staring at every day for over a decade. I can practically draw them for you at this point. Where I really win is in meeting with investors and traders from completely different cultures both before and after my events. I just got back from a trip to Athens, London, Paris, Amsterdam and Dublin. Between meetings, interviews and presentations, I was able to learn a lot from other investors and gain new perspective on things. That's the point of all this. If we're not going out of our way to learn, then what are we doing?

In this conversation, I sit down with our very own Sean McLaughlin to talk about some of my experiences on the road.