Silver has been consolidating in an ever tightening range and signs are showing that a big move away from this consolidation is setting up. And this week, the Silver iShares ETF ($SLV) may have tipped it's hand to which direction the next big move...
Over 90% of the time, sentiment data is completely useless to me. I only care about it when we see it at or near extremes, which is not often. Some people dismiss sentiment data altogether in favor of tools that can be used more frequently. Not me. I'...
When I get asked about what I think the most important technical indicators are, I have to start with price. This is where it all begins and ends. Everything else is just a derivative of price. Let's not forget that. We can use all sorts of other...
It's funny, some friends of mine a few weeks ago were asking me about Island Reversals. Apparently they were arguing about whether a breakout in some stock was sparked by an island reversal or not. I came to the conclusion that they were both wrong,...
Every month I host a conference call for All Star Charts Premium Members where we discuss ongoing themes throughout the global marketplace as well as changes in...
There is no denying that Technology has been a leader over the past 18 months. It's amazing how much this historic breakout in Tech was completely ignored in 2016 since U.S. elections are much sexier and help news people sell ads. "Forget the...
Chart Summit 2018 is in the books. What another great day of thought out presentations filled with both educational and timely actionable material. We try to make it a point here not to live life in theory, but in reality. I go to too many conferences...
This weekend I hosted the 2nd annual Chart Summit, a virtual technical analysis conference that is free for everyone and anyone to attend. It all started a year ago when I got a bunch of really...
Chart Summit 2018 is finally here. We could not be more excited for this event after the unbelievable experience we had last year! In January of 2017, I called up a bunch of my smartest friends and put on the first ever 100% virtual conference on...
We're finally here! Allstarcharts India is now available to everyone and anyone interested in the share market of India. This has been one of the most incredible experiences of my life - learning...
We want to go into 2018 forgetting everything we thought we once knew. The process of approaching every market with an open mind is something that I think is very important. Our goals of profitability need to outweigh any emotions driven by ego....
It's hard not to reflect on the past 12 months as we celebrate the New Year with our friends and family. For me it's both a blessing and a curse. While it's exciting to begin 2018 on a fresh note, I really didn't want 2017 to end. It's been an amazing...
The best hour I spend each month is going over my Monthly Candlestick Charts. I can't understand how some people don't do it. Think about it: 12 hours of your life per year. Imagine all the things you do throughout the year that takes you 12 hours and...
It was Thanksgiving last week and the hot topic all over dinner tables throughout the world was about Bitcoin. Older relatives asking younger nieces and nephews to explain crypto-currencies was probably something pretty hilarious to watch by being a...
We're here to make money in the market aren't we? Some people want to gossip about tax cuts or who the next fed chair might be. I personally see no absolutely value in this sort of data. In fact, I believe it does more harm than good.
The Nasdaq 30 is an equally-weighted index that I created which consists of the 30 largest stocks in the Nasdaq. Collectively these 30 companies represent over half of the entire market capitalization of the Nasdaq Composite. So just like the Dow...
Every Fall for the past 7 years I've gone to beautiful Coronado, CA for the annual Stocktoberfest conference put on by Stocktwits. Sometimes they even let me get up and show off some of my favorite charts. They know that I rip through thousands of...
We don't have to complicate things. It's very simple. If there is actual risk appetite for precious metals, then Silver would be outperforming Gold, not the other way around. The Gold Bugs have little to say at this point, so some of them...
I'm not sure if you guys noticed what's been going on in Small-caps over the past couple of weeks, but I think it's worth pointing out. First of all, remember this has been a tremendous leading indicator for a long time. I was pounding the table in...
Consumer Discretionary has to be one of the most important sectors in the U.S. With Consumer Staples taking a nose dive recently, especially relative to the S&P500, the approach has certainly been "risk on". Severe underperformance out of the...