For those new to the exercise, we take a chart of interest and eliminate the x and y-axes and and all labels eliminated to minimize bias. The chart can be any security in any asset class on any timeframe on an absolute or relative basis. It can even be inverted or a custom index.
The point here is to not guess what it is, but instead to think about what you would do right now.Buy,Sell, or Do Nothing?
For those new to the exercise, we take a chart of interest and eliminate the x and y-axes and and all labels eliminated to minimize bias. The chart can be any security in any asset class on any timeframe on an absolute or relative basis. It can even be inverted or a custom index.
The point here is to not guess what it is, but instead to think about what you would do right now.Buy,Sell, or Do Nothing?
In today's Chart of The Week we've outlined a name that's breaking out to new highs, offering a great entry on the long side. In this post, I'll outline a few more names that we need to be buying as they break out as well.
For the last few weeks I've been writing in our notes to Institutional clients and internally to our team about the slow rotation into Cyber, and last week we saw that trend accelerate to the upside.
Today's chart of the week outlines a breakout in the Cybersecurity ETF HACK relative to the S&P 500. In this post we'll discuss which indiivudal names are offering the best reward/risk opportunity.
The iShares Real Estate ETF IYR is up more than 17% from its Christmas Eve lows and sitting just off all-time highs. Can this rally continue and if so, what are the names we want to be buying to take advantage of this theme?
We'll provide our perspective on those questions in this post.
With every month comes a new set of monthly charts, so I want to use this post to step back and point out the major changes since the last time we looked at them in November.
As I was updating our Monthly Chartbook today for members, one theme that stuck out clear as day is that there are really two separate markets in Indian Stocks right now.
Tuesday I posted a mystery chart and asked you all to let me know what you would do. Buy, sell, or do nothing. Most of you agreed with me it looked like a structural breakdown that we should be selling as long as prices are below support.
So today I want to reveal the full chart and share why I feel it's relevant.
Short-term strength in Precious Metals continues, so I want to do an in-depth analysis of the space like I did last August to see if we're now entering "The Golden Age of Precious Metals".
One chart that I think sums up how I feel about Precious Metals is an equally-weighted index of Gold, Silver, Platinum, and Palladium. While no longer in a long-term downtrend, it's not in an uptrend either. All that can be said is that it's testing the top of a multi-year range. Not all that exciting.
Sticking with a theme we started the week with, if the market is poised for higher prices, they will likely be led by the Medical Devices space. Putting our money where our mouths are, we're taking a shot that will be a home run if it plays out, while offering us room to be wrong without losing too much.