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This is the video recording of our February 5th Monthly Charts Live Strategy Session

 

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From the Desk of Steve Strazza @Sstrazza.

Welcome back to Under the Hood, where we'll cover all the action for the week ended February 2, 2024. This report is published bi-...

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From the Desk of Ian Culley @IanCulley

If silver doesn’t come to play, precious metals won’t win the day.

Gold’s resilience has been impressive lately, especially as its two main headwinds – the US dollar and real yields...

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The market wasted no time starting to sell off in the month of February.

Remember, this is historically one of the worst months of the year to own stocks.

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From the desk of Steve Strazza @Sstrazza

Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.

We've also sprinkled in some of the largest ADRs from countries that did not...

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From the Desk of Ian Culley @IanCulley

Holy reversals, Batman!

The tactical direction flipped for the dollar and...

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There's nothing like a good rug pull.

Especially when I'm able to make money from it.

This is the type of environment where...

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February is one of the worst months of the year to own stocks.

Is that why we've been seeing all this rotation into defensive sectors?

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From the Desk of Ian Culley @IanCulley

The FOMC stuck to its script this week, kicking the can and keeping rates steady.

Everyone was expecting the news. But the market wasn’t expecting Fed Chairman Jerome Powell (the man...

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From the Desk of Steve Strazza @Sstrazza

We love our bottoms-up scans here at All Star Charts. We tend to get really creative when making new universes as we want to be sure they will deliver us the best opportunities the market has to...

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Let me remind everyone what a bad idea it is to sell naked calls.

We don't do it.

I often ...

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From the Desk of Steve Strazza @Sstrazza

Welcome to The 2 to 100 Club.

As many of you know, something we've been working on internally is using various bottom-up tools and...

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I really like the risk vs reward from the short side here.

The divergences and rotation into defensives are finally there.

The Dollar has been strong throughout all of January.

That was the first heads up.

The new highs...

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When you wake up knowing that you have a fresh batch of Monthly Candlesticks waiting for you at the end of the day, it's a great feeling.

Enjoy it.

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From the Desk of Ian Culley @IanCulley

The entire marketplace is fixated on tomorrow’s FOMC meeting.

Will the Fed make its first rate cut in March, or will it be in June?

Who knows.

I enjoy speculating as much as...

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I understand that some people are lazy and don't like to count.

I get that.

Also, journalists are NOT in the business of telling...

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From the Desk of Steve Strazza @Sstrazza

Welcome to The Minor Leaguers.

We've had some great trades come out of this small-cap-focused column since we launched it back in 2020 and...

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From the Desk of Ian Culley @IanCulley

Precious metal charts aren't painting a bullish picture for investors.

Silver is underperforming...

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We got stopped out of a Wells Fargo trade a couple of weeks ago, and it looks like that was the whipsaw it needed to shake weak hands out. And since I was shaken out, I consider myself among the weak hands squad. I'm ok with that.

But given...

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The S&P500, Dow Jones Industrial Average and Nasdaq100 all went out last week at new all-time highs. Again.

We're now officially in Month #20 of this bull market that ...

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