Today's trade is in a name that has caught the fancy of aggressive short-sellers. As of the latest update, approximately 25% of the outstanding shares in Chewy Inc $CHWY are held in short positions.
The bull market continues, and the broadening out of participation continues to widen. Today's trade is in a Chemicals company that is beginning to show some relative strength and has two upside targets that could potentially be met, if conditions...
It was remarked during our Analyst meeting this morning that "bullish Wells Fargo" is a phrase that hasn't been uttered within our digital walls in a long, long time.
But we're looking to get more exposure to the banking sector, and $WFC is...
One of the things we like to do repeatedly at All Star Charts is position ourselves in leading stocks in leading sectors. Just writing that out may sound completely obvious to some, but too often I see traders trying to get cute to find the "...
Short-term traders will classify today's trade as a "hard trade."
We're positioning in a stock that has already had a significant run over the past two months. But if we widen out our lens and look at weekly or monthly candles, we'll see that...
Spotify is trading in the spot where we can get paid on follow-thru back toward all-time highs. But we don't necessarily need it to get all the way there for us to earn profits on today's trade.
The speculative juices are returning to the cryptocurrency space, and the bulls are starting to reemerge from the shadows as Bitcoin, Ethereum, Solana, and many of the smaller (MOAR!) speculative names are starting some eye-popping gains....
Today's trade has me thinking of this classic corny joke from Pulp Fiction:
One of the strongest sectors out there right now is banking. Particularly regional banks. And as we head into year-end, the catch-up trade is real and money...
If a new leg of the bull market is just getting started, positioning in the leaders should pay off well. With this in mind, we're going to get involved in a name everyone knows and uses -- Amazon. The odds are good that Amazon will deliver profits to...
Today, a "darling" company in the media thanks to new obesity drugs and other good news hitting the media airwaves is selling off. In fact, its having its worst day relative to its sector peers in many years.
This is definitely a "hard" trade. Hard because it's already had a tremendous run this month. Hard because it's in a name that people often don't associate with big bull runs, in a sector that definitely isn't sexy.
Crypto is showing signs of a resurgence. With Bitcoin trading north of $35,000 this week, many of the old bulls are coming out of the woodwork calling for the next crypto run.
The market is speaking. It wants higher prices. The year-end, seasonality-driven rally may be taking hold. Or it may be something else? It doesn't really matter. We only follow price, and right now prices in certain stocks are pointing us to start...
The powerful rally in stocks shows where the "pain trade" is (higher), and now I'm on the hunt for strong, leading stocks that will continue to turn the screws on the bears.