We saw some late week strength in US Stocks for two consecutive weeks. When buyers have had the opportunity to buy stocks on weakness, have they shown up to do so? I would argue yes.
That doesn't mean that we're not below overhead...
Here is the video from my BNN Bloomberg interview this week. They asked me if I thought the media was making too big of a deal out of an inversion of the yield curve and I agreed that of course they did. That's what the media does, irresponsibly...
What is the best chart in the world right now? I don't know. I guess that really depends on your time horizon, risk tolerance and overall market goals. These are different for all of us.
Today, I want to share what I think are collectively...
In a recent blog post on All Star Charts, we discussed the importance of big bases. In a nutshell, we like big bases because it reveals levels of "price memory" and indicates institutional support. You can read the post...
While we haven't raised the Bear Flag quite yet, we have noticed some outperformance in stocks that often are referred to as "defensive." And the recent outperformance of the Aerospace and Defense industries has been particularly noticeable.
For those new to the exercise, we take a chart of interest and remove the x/y-axes and any other labels that would help identify it. The chart can be any security in...
