This is the most valuable analysis I do every month. When you sit there with some music on and just rip through monthly charts, it really gives you perspective. We're taking a step back and reanalyzing the trends. It's easy to get caught in the day-to...
I just got back from a week in New York City and here's what I see: The winners keep winning, the losers keep losing, things keep getting better and people think they're getting worse. I like that combination.
Silver has been consolidating in an ever tightening range and signs are showing that a big move away from this consolidation is setting up. And this week, the Silver iShares ETF ($SLV) may have tipped it's hand to which direction the next big move...
Every month I host a conference call for All Star Charts India Premium Members where we discuss ongoing themes throughout the India Share Market. We take a...
Every month I host a conference call for All Star Charts Premium Members where we discuss ongoing themes throughout the global marketplace as well as changes in...
Over 90% of the time, sentiment data is completely useless to me. I only care about it when we see it at or near extremes, which is not often. Some people dismiss sentiment data altogether in favor of tools that can be used more frequently. Not me. I'...
As homo sapiens we're hard wired to feel the need to gossip. This goes back hundreds of thousands of years throughout evolution. We still see it today and through the speed of communication technology, that gossip gets amplified. While some would...
Stocks in India are going up, on both an absolute and relative basis. Let's not forget that. So it's our job to isolate the ones with the most favorable risk vs reward scenarios. The idea is to risk the least amount in the case that we're wrong, but...
I look at facts. There are many people who choose a variety of other factors that aren't necessarily true. Market participants all over the world look at economic data (which are estimates), statements from CEOs of companies (do you trust them all? if...
As we enter the second quarter I would say there are mixed signals coming from different markets. My conclusion is that there are more positives than negatives. One in particular that stands out is the strength in Indian Banks. A few of them are...
You often hear people call it, "Dr. Copper". They say the metal has a Ph.D. in economics because of its ability to predict turning points in the global economy. I'm not sure about all that, but I do see a strong correlation between it and Emerging...
When I get asked about what I think the most important technical indicators are, I have to start with price. This is where it all begins and ends. Everything else is just a derivative of price. Let's not forget that. We can use all sorts of other...
It's funny, some friends of mine a few weeks ago were asking me about Island Reversals. Apparently they were arguing about whether a breakout in some stock was sparked by an island reversal or not. I came to the conclusion that they were both wrong,...
Here at Allstarcharts, none of us know what is going to happen in the market next week or next month or even next year. But the good news is that no one else does either. So it's an even playing field among all of us, whether you're Warren Buffett,...
When assets are in strong uptrends, they're not just going up in value on an absolute basis, they also outperform their alternatives. Two obvious alternatives to investing your money in Gold are Stocks and Bonds. With the price of Gold flirting with...
It's hard to ignore the strength we're seeing in some of these emerging markets. When stocks are selling off, I like to look around and see who is still holding up well. We call that "relative strength". Every day I get to speak with traders at the...
