Every morning I get to wake up and do what I want to do, not what I have to do. Life doesn't always work out that way, so I promise not a day goes by that I'm not incredibly thankful for the opportunities that I have. With a tremendous amount of luck...
I'm back in the United States and I must say, it was truly a pleasure attending this year's Traders Carnival in Mumbai. The interest in Techncial Analysis was off the charts! (see what I did there?) The people were amazing and the food was outstanding...
It’s very easy to get caught up in the day to day noise of the market, especially if you’re allowing toxic media content into your life. It’s virtually impossible for us to completely ignore it all, although I do try my best. So, at the very least, we...
Equal-weight indexes are one of the most valuable tools we use here at Allstarcharts. They provide a perspective on the overall strength or weakness of an index's components that's not otherwise seen in the cap-weighted version. The confirmation or...
I'm having a great time here in Mumbai at the 7th annual Traders Carnival. I had the opportunity to sit down with Navneet SalujaDsouza from Bloomberg Quint to discuss my process and approach to markets.
I'm having a great time here in Mumbai at the 7th annual Traders Carnival. I had the opportunity to sit down with Navneet SalujaDsouza from Bloomberg Quint to discuss my process and approach to markets.
Everyone always wants to talk about how high the stock they just bought is going, or how much money they're going to make on a new position. "JC I think Apple goes to a Trillion Dollar Market Cap!" or "JC Bitcoin is going to $100,000...
The Financial Services, Energy, IT, and Consumer Goods sectors remain the leaders, while smaller sectors like Pharma and Media continue to lag the broader market. Our chart of the week is sticking with that theme by looking at the Nifty Metals and...
As Technicians we like to use the phrase “the bigger the base, the higher in space” when talking about breakouts from consolidations. Long periods of indecisive price action build a lot of potential energy that is then released once a stock breaks out...
As Technicians we like to use the phrase “the bigger the base, the higher in space” when talking about breakouts from consolidations. Long periods of indecisive price action build a lot of potential energy that is then released once a stock breaks out...
As Technicians we like to use the phrase "the bigger the base, the higher in space" when talking about breakouts from consolidations. Long periods of indecisive price action build a lot of potential energy that is then released once a stock breaks out...
The Indian Financial Services sector is broken down into three formal sector indices: The Nifty Financial Services index, the Nifty Bank index, and the Nifty Public Sector (PSU) Bank index. Both the Nifty Financial Services and Nifty Bank index have...
I think our messaging has been clear that we want to be buying equities, and buying those showing relative strength. The Nifty Financial Services index and the Nifty Bank index are sitting just off all-time highs relative to the Nifty 500, so I've...
In my last post I outlined the evidence from India and around the globe that suggests equities as an asset class are headed higher. I pointed out the failed head and shoulders topping...
After a strong 2017 for equities as an asset class, 2018 has started off with a bit of a change of character. Volatility is back and frustrating stock market participants, with the median of 43 global stock market indices correcting 11% peak to trough...
Brazil just closed at an all-time daily and weekly closing high. These are not things we normally see in downtrends. Russia's MICEX also closed at new all-time highs. There is some serious strength coming from Emerging Market stocks and the data is...
One of the most recent developments that stands out among the sector rotation that we're seeing is the strength in IT Stocks. We're seeing a breakout on the NIFTY IT Sector Index and we're seeing that IT Sector Index breaking out relative to the...
If you look through all of the commodities on the Multi Commodity Exchange of India I think you'll find more opportunities today than at any point in the past year. I'm finding the best risk vs reward propositions in the metals and energy space...