This week on Happy Hour with Traders, I sit down with my old friend James Bartelloni. Some of you have seen him before, Chart Summit 2018 or on the podcast: Season 2 Episode 10. For those of you who are new to Bart and his ways of approaching markets, I encourage you to set aside some time to hear him out.

I first met Bart back in 2006 when I began studying for my CMT Exams. Back in the day they used to have this thing called CMTi, where CMT Charterholders would help candidates prepare for the various levels and teach classes online. They don't do that anymore, which is unfortunate, because there's no way I would have passed that CMT Level 2 exam without Bart's help.

Anyway, Bart likes to refer to himself as an "Intermarket Musician". He looks at musical notes and the earth's vibrations to help him make sense of market behavior. Don't dismiss it right away. Trust me. Give it a chance. He also dives into what he's...

In June we outlined a thesis for the Mid and Small-Cap segment of the market to begin outperforming in a meaningful way. In that post, we outlined a number of stocks we were buying to take advantage of that theme, but many are well on their way to their upside objectives already.

Today we want to follow up on that theme, show why it's still intact, and outline stocks with an attractive reward/risk at current levels.

We've written extensively about what the Large-Cap/Small-Cap ratio means and how we interpret it. If you haven't read them, I'd highly recommend checking them out before continuing with this post (June 9th post and June 19th post)

But, to sum it up the idea here is that Small-Cap outperformance is associated with a Bull Market in Indian Equities because it signifies risk appetite among market participants and a broad-based market rally that has sufficient participation from sectors/industry...

From the desk of Steve Strazza @Sstrazza

At the beginning of each week we publish performance tables for a variety of different asset classes and categories along with commentary on each.

Looking at the past helps put the future into context. In this post, we review the relative strength trends at play and give our outlook and some of the things we're watching for in the week ahead.

This week, we're going to highlight our US Index and Sector ETF tables and focus on the rotation we're seeing into more offensive areas of US Equities. We'll then tie this into what we're seeing across the FICC universe.

The stocks in the Dow Jones Transportation Average are getting the bid that they needed for this overall market to continue its march higher. Going back and doing the work, it's hard for stocks as a group to keep ripping without rotation into some of the underperforming areas. Transports were right near the top of our underperformer list for a long time.

This is no longer the case. We've already talked about how Transports were the best performermers in the world for the month of July. This weekend we also pointed to the change in trend relative to the S&P500.

Today, let's look deeper into the components of the Dow Jones Transportation Average. Remember there are 20 of them and consist of Airlines, Rails, Trucks, Logistics etc. This chart plots the drawdown from 52week highs on the x-axis and the y-axis represents the performance since June 5th, which was the former highest weekly close for the index:

Click on Chart to Zoom in

...

The team published a piece last week highlighting a bunch of setups in the Natural Gas space. A few of these stocks are already pretty extended due to recent moves, but I've found that one of them still has a lot of meat left on the bone and we can get into it with some cheap call options.

From the desk of Louis Sykes @haumicharts

Welcome to the second edition of “Louis’ Look”, where I share the key lessons I’ve learnt over the past week through interning at All Star Charts. You can read the first post here.

As with any week working with this bunch, plenty was learnt, so let’s jump right into it.

We retired our "Five Bull Market Barometers" in mid-July to make room for a new weekly post that's focused on the three most important charts for the week ahead.

This is that post, so let's jump into this week's edition.

Sector rotation continues, so this week we've got our eyes on a Consumer Goods' stock in the Small-Cap space.

Today we have a special episode of the podcast. I think it's important to take a step back from the markets and Technical Analysis sometimes, and talk about something that is universal to us all. For this episode I invited Morgan Housel to come and talk about the importance of writing. For those of you who have been following my work for a long time, you often hear me talk about the personal benefits of putting my ideas down on paper. Sure, people all over the world get insight into what our firm is thinking, they get steady idea flow from my blog, and in some lucky cases, people might even learn something. But the truth is, my writing is an incredibly selfish endeavor. It forces me to think through the important concepts. And as Morgan talks about in this episode, the inability to express my thoughts in written form probably means my idea is stupid to begin with. The easier it is to write about, the better it will usually be received by our audience.

Morgan Housel is definitely one of my favorite financial writers in...

I don't know if I've made myself clear enough. It's getting pretty obnoxious at this point isn't it?

We talk about this internally sometimes (ahem strazza), that we sound like a broken record.

My response is that we should be aware of our own behavior. The simple fact that we are recognizing, that yes, we are indeed being super annoying and just saying the same things over and over again, is information. It's really important to identify that.

Why? What does this mean? To me, it means that what's been working keeps working. And what needed to start working for those things to continue are working now too.

Exhibit A has to be the Dow Jones Transportation Average breaking out to new highs BEFORE the Dow Jones Industrial Average. Wait, What???? New phone who dis? 

From the desk of Steve Strazza @Sstrazza.

Welcome to this week's edition of "Under The Hood." You can read more about the column here.

What we do is analyze the most popular Robinhood stocks over the trailing week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.

This was another interesting week as the market continues to grind higher with zero regard for whatever bad news is thrown at it. With the S&P 500 knocking on the door of new all-time highs, let's take a look at what Robinhood investors were buying this week.

One thing I've learned very quickly through writing this column each week is that contrary to popular opinion, these Robinhood investors are more often than not on the right side of the trend.

Apple $AAPL has consistently been towards the top of our list since we started tracking it. This week it was #1 with almost 80,000 net new accounts. Not only is this a quality company and not some "hot stock," but it's also up ~20% in the trailing two weeks on the...

From the desk of Tom Bruni @BruniCharting

Precious Metals are getting all of the Commodity attention these days, but the truth is there is a lot more opportunity in the space than just Metals.

In this post, I want to outline why we think Natural Gas is in a new bull market and how we're taking advantage of it.

Here's the weekly chart of Natural Gas we've been using as a roadmap for the last few years. In March, prices approached long-term support near 1.60 and volatility began to pick up, signaling to us that a trend change was potentially underway. And on top of that, momentum failed to get oversold which suggested sellers were getting exhausted.

Click on chart to enlarge view.

After an initial bounce in the second quarter, prices briefly undercut support at 1.60 before reversing sharply. Since then they've stabilized above support...

Strength in Precious Metals has been a theme we've been taking advantage of since Gold's breakout in June 2019.

Now that prices have skyrocketed over the last few weeks, many are asking, what's next for these shiny assets?

In this post, we're going to walk through our past analysis, review our targets, and outline how we're approaching these Metals going forward.

Since we received great feedback on our Reliance post format, we're going to approach this the same way.

From the desk of Tom Bruni @BruniCharting

The Fixed Income, Commodity, and Currency markets are near and dear to my heart. Ever since I began learning Technical Analysis, I've always loved analyzing things that are "off the beaten path." This included everything from Interest Rates to Soybeans to the Norwegian Krone. Equities are great and all, but this is the stuff that gets me up in the morning.

In addition to the blog posts we do on the site, I've wanted to explore new ways to share that passion with you all and show why even if you're not investing in these markets directly, they're worth paying attention to.

That brings us to my new weekly show, "What The FICC?"

In this weekly video series, I'll be highlighting the most important chart or theme from these three asset classes while doing my best to tie that analysis back to Equities through an intermarket signal or a trade idea.

The first two pilot episodes are linked down below. I hope you enjoy them and look forward to seeing you all back here each week for a new episode!

Oh Deere & Co, you tempt me so.

I'm on vacation and trying to stay away from the screens as much as possible this week, but you broke out on Wednesday and today you're just hanging there, baiting me into getting involved.

From the desk of Steve Strazza @Sstrazza

Thanks to everyone who participated in this week's Mystery Chart. Most of you either wanted to buy or do nothing and wait for more information.

The chart was the iShares Global Silver Miners ETF $SLVP. We're bullish metals so we agree and want to be buying this over the long-term as well.

With that said, we want to be cautious at current levels for reasons we'll outline in this post. First, let's look at the updated chart.

There has been a lot of opportunity in Commodities lately, particularly in Precious Metals and Base Metals, after years of nothing.

Today we want to highlight the strength in Natural Gas, a theme we've been pointing to most of this year but that's now accelerating.

Let's take a look at what's happening and how we can take advantage of it.

Here's the chart we were using as our roadmap at the beginning of the year as prices approached long-term support near 115. Additionally, we were seeing momentum stay out of oversold territory, signaling that sellers were unable to stay aggressive and take prices to new lows.

Click on chart to enlarge view. 

This week we've seen an acceleration to the upside, pushing prices above former support to...