Every weekend, I dive into our insider activity tracker looking for the most interesting and bullish buys — and this week, it was private equity shops and hedge funds leading the charge.
It's the end of the month so you know what that means: Brand new freshly completed monthly candlesticks for us to review. While I normally use weekly charts to get structural perspective on markets and then daily charts for tactical purposes, the...
Precious metals are in a downtrend. There is no question in my mind that prices have been heading lower, not higher. We had a beautiful counter-trend rally...
This is a global market environment. The S&P500 goes up and down based on the collective money flow from investors all over the world, not just within the borders of the United States. There are some people still fighting the civil war who simply...
It's hard being a gold bug. They rarely ever get to be right. But why don't they ever change their mind when the data changes? I don't get it. There is nothing wrong with being bullish gold, but there is something wrong with always...
This is one of my favorite exercises. We want to recognize that we as human beings are terrible investors. It's not our fault, it's just how we're built. So to overcome that we first to be aware of it. This alone puts you in the 1% and gives you a...
My weekly run through the S&P500 components is one of my favorite parts of the work week. I put on some music and go through all 1000+ charts. Remember we use the weekly charts to get structural perspective and then the daily timeframes to define ...
We live in a world of if/then statements. That's just the way it is. I don't know what's going to happen tomorrow, or next month or next year. But that's okay because no one else does either. That whole lie about "uncertainty" is just that: a lie....
When we talk about "stocks", it can be in reference to many things. Most people like using something like the S&P500 or Dow Jones Industrial Average as a gauge because those are the popular United States indexes which contain many of the world's...
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 trends where new positions...
Most of you who know me already know that I incorporate a top/down, weight-of-the-evidence approach. It's not just 1 chart or 1 indicator that says to be long or short the stock market. It doesn't work that way. For me, I put in the work, weigh ALL of...
Yesterday I kept a Diary throughout my entire process of reviewing the components of the S&P500. Many of you have written back with such nice things about that. I'm glad...
I get asked all the time about my process. A big question is usually around how did I find that chart in such a "random" country or asset, like an ETF on South Korea or a futures chart like Soybeans. To some people these might be assets that are not...
Next week I'll be flying into Chicago for a couple of days. I've been asked to speak at the University of Chicago School of Financial Mathematics as well as the Chicago Board of Trade (CBOT). The appetite for learning about Technical Analysis that I...
We've been able to avoid some short-term messy sort of action lately. We'll take it. The breadth internals of the market had been suggesting since early March that something was wrong....
The US Stock Market has been like watching grass grow. It's a hot mess and I'm all for it. We turned Neutral towards US Stocks in March so watching both the bulls and the bears get whipped around is great theater from our cash heavy seats. Nothing I'...
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 trends where new positions...
The bond market has been fascinating lately for sure. Sentiment has been in one direction while price has gone in the complete opposite. Everyone seems to expect rates to rise and therefore bonds to fall. Position data certainly suggests that - the...
