One area in the market that has been maintaining a pocket of strength is the Home Builders sector. And with the Federal Reserve cutting interest rates recently (with the possibility of more to come), it's likely mortgage originations will remain...
In a recent blog post on All Star Charts, we discussed the importance of big bases. In a nutshell, we like big bases because it reveals levels of "price memory" and indicates institutional support. You can read the post...
While we haven't raised the Bear Flag quite yet, we have noticed some outperformance in stocks that often are referred to as "defensive." And the recent outperformance of the Aerospace and Defense industries has been particularly noticeable.
When the market seas get choppy, options premiums tend to inflate everywhere you look. Investors get scared and Speculators smell opportunity, both putting a bid under calls and puts as each is willing to pay up for protection and good fortune,...
Believe it or not, there are still some stocks at or near all-time highs in this current market environment. And if we're of the mind that the recent selloff is just another "glitch" that repairs itself through price and time, then we'll want to...
I've made no secret about it. I've been bullish on Twitter -- the business -- since I first discovered the power of the platform in 2009. To say that Twitter has profoundly changed my life for the better would be a vast understatement. Sure, the...
Scanning through the plays that appear in the latest All Star Chart Quarterly Playbook, I see many that have pulled back into support levels and/or near levels that we...
With earnings season in full swing, unique opportunities with options often spring up.
It's pretty common for the prices paid for options to increase leading up to earnings announcements. It's a classic example of the battle of fear and greed...
I don't make it my primary business to go against the trend. Sure, it can be pretty satisfying and certainly pays well to nail a turn in a major trend. But it's a tricky business that has left behind a graveyard of wannabe Heroes.
The All Star Charts team has been drawing attention to financials and banks recently, putting forth the idea that the broader markets likely will not rally without banks participating:
There's an opportunity developing out on the farm -- everyone's favorite farming machinery (and apparel?) company is setting up for a big harvest. While investors should take notice, opportunistic trader hunters like us have spotted a way to get in/...
Remember when Outrage Twitter was running wild with conspiracy theories about Chipotle poisoning its customers and the business was doomed? That was fun. You know who had more fun? Long term investors who turned off the "news" and stayed the...
One of the most powerfully bullish patterns that I know involves an instrument which gaps higher on explosive volume, builds on those gains for a day or so, then spends the next week or two consolidating those gains on declining volume. This price...
One of the more compelling opportunities in the All Star Charts Q3 Playbook centered around the Rails sector. Several stocks there are setting up for big moves, and with...
Yesterday, the All Star Charts team published a bullish piece on the New York Times $NYT, suggesting the stock has the potential to leap as much as 50% from current...
I love getting involved in stocks breaking out to new all time highs. I love it even more when I can leverage into the play with long options when volatility is low. The bang for the buck if you get hold of a big mover is so much more powerful.
Stocks are set to rip higher at the open today, which makes it tough to buy into some bullish opportunities here as they all will be running away from us. However, there is one name setting up where today's enthusiasm should help us push through some...
If broader markets are going to continue higher, we've got to expect the banks to participate and even lead. If that's the case, we're limiting our risk and betting on one of the bluest of the Blue Chips breaking into blue skies.
The technical reasons for remaining bullish US Stocks continue to outnumber the bearish reasons. And there are some stocks already getting started on the next leg higher. Though we are in the bullish camp over here, some elevated caution is necessary...
Boeing got hit hard in recent months due to trouble with their planes and a grounding of their 737 Max fleet. But here's the real newsflash that we should be paying attention to: Airlines still need new airplanes because humans still want to fly...
Markets appear to want to move higher. Regardless of our opinions, regardless of our fears, the only thing worth paying attention to is Price. And prices look higher. Heading into summer, let's go on a trip.