Interest Rates in the United States hit new 52-week lows last month. But from the looks of it, the commodities market and stock market are not in agreement with that direction. It's when we see divergences among asset classes that it gets my attention...
One of my good college buddies always busts my chops because he thinks it's ridiculous that look at charts all day. Today he calls me about some other stuff, but randomly asked what was my favorite chart. I'm like, "...of all time or right now?"...
Rotation into Energy stocks continues to pick up. While the reward/risk opportunities at the sector/subsector ETF level aren't great, there are several attractive setups within individual...
Interest rates all over the world made new lows last month and have since then tried to start a recovery. We're seeing this across the developed world in the U....
This week on the podcast we have the pleasure of chatting with Craig Johnson, Chief Market Technician at Piper Jaffray. I've known Craig for a long time and love the work that he puts out. During the day he speaks to buy side clients all over...
Most of the Commodities and Currencies we track continue to lack a long-term trend, but I want to outline a few charts in the space that are notable right now.
I'm in New York this week for the annual CMT Association Symposium. I always learn so much at this event, not just from the presentations, but from the attendees themselves. A lot of smart folks in one room is a win for all of us.
Palladium. For the last 3 years, nobody cared a lick as it nearly quadrupled in price. Over the last month however, I'd seen more mentions* as the price trend accelerated than I did for the...
Everyone these days is talking about yield curves inverting. It's the topic du jour, similar to things like golden crosses and 200 day moving averages. The difference is that this one is more intermarket oriented. "Well if this happens to bonds...
With a new month comes a fresh batch of Monthly Candlesticks. As you are all well aware, I find this exercise to be incredibly valuable. It forces us to identify the...
Chart Summit was a "Ski during the day and Chart at night" event held on February 22-23, 2019 in Breckenridge, CO. I co-hosted it with Brian Shannon and this is the video of my presentation:
If there is any group out there that is feeling the frustration, it's the gold bug community. Gold is at the same price today that it was a year ago, 5 years ago and 8 years ago. During that time frame, the S&P500 has more than doubled. The Dow...