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...
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....
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 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.
The Junior Gold Miners appear to be temporarily stuck in the rocks. And with juicy options premiums to sell, we will take advantage of the range with a delta-neutral credit spread.
I'm making the bet here the Bond Bears may have overshot here. And today's trading action feels to me like $TLT put in an actionable level to lean against for risk management purposes.
This is not a bet that the final bottom is in for bonds....
Well, every attempt I've made at wading back into the bull market pool has been swiftly met by a destabilizing splash made by a bear cannonballing off the diving board.
So, until further notice, I'm going to hang by the cabana sipping on my...
I don't like this market. It can't make up its mind. Things were starting to look promising last week, then Friday happened. And even today, intraday, we're seeing weird, indecisive trading action.
The utilities sector has been schmeissed (technical term) over the past couple of months. Its like all of a sudden investors all woke up en masse to finally decide the rising interest rates environment offers better alternatives for their...
Depending on who you ask, people might agree that consumers are feeling the pinch of inflation. The sentiment that I encounter on a nearly daily basis is: "I can't believe how much _____ costs now. It's insane!"
After slowly dipping my toes last week into the idea that it might be time to start getting into some new long exposure, the market's reaction to the latest Federal Reserve action tells me the direction is still sideways until further notice.
