From the Desk of Ian Culley @Ianculley

Bonds have endured quite the year.

Perhaps 2022 marks the worst on record, or at least the past 100 years. Nevertheless, we’ve all witnessed extraordinary selling pressure in what has historically acted as a safe-haven asset. 

Despite the dismal returns and destruction of the traditional 60/40 portfolio, the bond market continues to instill valuable lessons in those willing to listen and learn.

Check out these three poignant reminders courtesy of the bond market…

Trends Persist

It’s an oldie but a goodie. And interest rates have refused to let us forget that trends persist.

The chart below highlights the five-, 10-, and 30-year US Treasury yields finding support at their respective year-to-date trendlines and pivot highs from the spring.

I thought rates might follow the...

From the Desk of Ian Culley @IanCulley

So long, 2022. It’s been real.

With only a few trading hours left in the year, I’m ready to turn the page. I’m sure plenty of you can relate.

In the spirit of looking ahead to a bright and beautiful 2023, I want to share seven of my favorite commodity charts for January.

No grand thesis, just seven potential setups that have my attention heading into the new year.

1. Sugar

Sugar futures print a potential failed breakout after coiling within a tight range since the summer of 2021: The lack of upside follow-through accompanied by a bearish momentum divergence warrants caution.

We have no business trading sugar from the long side if it chops within its prior range.

But I want to keep a close eye on this one.

Momentum divergences have a way of working themselves out on daily time frames, as I give far more...

This is the video recording of our December 30, 2022, All Star Charts Crypto Weekly Strategy Session.

From the Desk of Ian Culley @IanCulley

Have you checked out our new Gold Report?

We run through nearly 4o charts, breaking down the key levels and intermarket relationships, suggesting Gold could hit 5,000.

In this update, I’m going to share two of my favorite charts. 

Plus, I’ll reveal one mining stock setting up for a buy signal.

First, Gold outside the US presents a very different picture.

Yes, the USD dominates global trade. And yes, we want to witness a break to fresh all-time highs priced in US dollars. But when we look around the world at other major currencies, Gold has already broken out!

This is what Gold looks like when we remove the US dollar bias:

It’s the same story no matter where we look – from the lower left to the upper right. Uptrends, folks… 

Gold priced in...

The next new position in our Paid-to-Play portfolio is:

The largest insider transaction on today’s list comes in a Form 4 filing by director Roxanne Austin, who revealed a $2 million purchase in CrowdStrike Holdings $CRWD.

CRWD is trading at its lowest level in years as it looks to find support at its key former highs from 2019.

From the Desk of Kimmy Sokoloff

First and foremost, a very happy and healthy New Year to all! Wishing you and your family a year of happiness, health, and prosperity.

That was a nice bounce overall in the market. Hopefully it holds.

We're officially half the way through this year's Santa Claus Rally.

I like to check in on this one as it goes on because of the impact it's had on past markets.

The next new position in our Paid-to-Play portfolio is:

It's a week full of trades!.

There are so many opportunities out there in this stock market that keeps on grinding higher.

The bulls continue to get rewarded throughout the back half of the year and we see no evidence of that slowing down.

Yesterday's Long Tesla Call is setting up nicely.

Over in our Trading Room, we traded $TSLA from the long side both yesterday and already this morning, successfully both times.

The ...

Durable Capital Partners makes another appearance on our list, as the hedge fund continues to increase its position in Duolingo $DUOL.

This time, Durable Capital bought a total of $2.4 million worth of DUOL.

These are the registration details for our Live Monthly Candlestick Strategy Session for Premium Members of All Star Charts.

This month’s Video Conference Call will be held on Tuesday January 3rd @ 6PM ET. As always, if you cannot make the call live, the video and slides will be archived and published here along with every other live call since 2015.

Here are the details for Tuesday evening:

From the Desk of Kimmy Sokoloff

I've said many times that this market is not for the faint of heart.

The $SPX broke 3,800. Next support is at 3,780, then 3,764. Resistance is at 3,840.

They say never to short a dull market.

It's sure got dull, right?

Bitcoin's volume and volatility have taken a summer holiday, with the biggest cryptocurrency's monthly Bollinger bandwidth contracting to its third-lowest level in the last five years.

We've referenced this chart many times this year, giving us a great heads-up on when to anticipate volatility.

Just take a look at this volatility contraction...

From the Desk of Steve Strazza @Sstrazza

When investing in the stock market, we always want to approach it as "a market of stocks."

Regardless of the environment, there are always stocks showing leadership and trending higher.

We may have to look harder to identify them depending on current market conditions. But there are always stocks that are going up.

The same can be said for weak stocks. Regardless of the environment, there are always stocks that are going down, too. 

We already have multiple scans focusing on stocks making all-time highs, such as Hall of Famers, Minor Leaguers, and the 2 to 100 Club.

We filter these universes for the stocks showing the best momentum and relative strength characteristics. 

Clearly, we spend a lot of time identifying and writing about leading stocks every week, via multiple reports.

Now, we're also highlighting lagging stocks on a recurring basis.

Welcome to the Short Report.

We publish this...

From the Desk of Ian Culley @IanCulley

What a year for currency markets!

The USD/JPY tested its 1998 highs marked by the Asian Financial Crisis. The British pound revisited its all-time lows. And the euro fell below parity versus the US dollar for the first time in twenty years.

But where does that leave the King Dollar heading into Q1 2023 now that it has fallen almost 10% off its September peak and many global currencies have reclaimed key levels?

Let’s turn to the charts for some answers…

First, take a look at the US dollar index $DXY:

The dollar index is reaching a crucial level marked by the 2016 and 2020 highs – a logical spot for it to bounce. Honestly, I’d be surprised if it doesn’t! 

Yet, the DXY seems stuck in the mud. That’s information.

Here’s a look at the daily chart:

...

From the Desk of Kimmy Sokoloff

The indices dropped all morning long.

Santa has not come to town just yet.

This is the video recording of our December 28, 2022, Inside Scoop Weekly Strategy Session.