This is my favorite time of the month - preparing for our Live Monthly Conference Call. It really gives me an opportunity to gather all of the evidence, put my thoughts and ideas down on...
In this Episode of Allstarcharts Weekly, Steve and I are focused on expansion of global breadth. We're seeing more and more countries around the world breaking out to new 52-week highs. This week the Global 100 Index is making new highs and now Taiwan...
The trend for NIFTY stocks is up. That has not changed. Like many stocks and indexes around the world, NIFTY been mostly stagnant since early 2018. Unlike most stocks and indexes, however, NIFTY has managed to put in higher lows and higher highs along...
One week it's the Dow Jones Utility Average pulling the weight. This week it was the Dow Jones Transportation Average up over 2% while the Dow Jones Industrial Average was basically flat. It's always one of them, which is why the Dow Jones Composite...
It's been a while since we talked about the Dollar. The truth is, this trade has really been a Nothing-Burger all year. G-10 currencies have been a snooze-fest until just recently. I have good friends who specialize in this space and they're bored....
I want to make something perfectly clear: Semiconductors breaking out of a 6 month base to new all-time highs is historically not a characteristic of a downtrend for semi's, tech, or US Stocks as an asset class. These are facts. As go Chip stocks, so...
In this Episode of Allstarcharts Weekly, Steve and I talk about the underperformance of the S&P500 relative to both Gold and US Treasury Bonds. The big question I think worth asking is whether these are massive distribution patterns in US Stocks...
Think about how well everything is going this year! The S&P500 is up almost 20%. Bonds are up 22% and even Gold is up 17%! Heck Bitcoin has more than doubled! Can things get any better than this???
How are you liking the day to day swings in the market? Is it too much for you? Go through this checklist and make sure these questions are answered before moving...
Stocks are still trying to break out of this massive range since early 2018. After some selling early this week, the range is still intact. I think this chart of the Global 100 Index tells the story best:
Stocks in the U.S. Financials Sector have been underperforming since the beginning of 2018. If you recall, that is precisely when the majority of stocks around the world stopped going up. It's been a sideways grind for many stocks and sectors since...