Are you ready for Chart Summit this Saturday??? I've never been more excited to attend a financial conference in my life. And I don't even have to leave my house!!! And it's FREE. Are you kidding me?
We are constantly analyzing market breadth. We do this not just for insight into the strength of the current trend but also because it helps us identify key turning points. We outlined a...
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...
Do you see how stocks are making new lows? That's a characteristic of downtrends, not uptrends. We first want to identify what type of market environment we're in, and then...
Have you noticed how stocks keep making lower lows and lower highs? We call those downtrends.
There's an important reason why I bring this up. There is a much higher likelihood for markets to continue in the direction they're heading in, than...
Just as we focus on the strongest markets and stocks to find opportunities during equity bull markets, we look to identify the weakest areas during bear markets. We just want to be in the...
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...
We are not seeing any evidence of a bottom for stocks, yet. In these sorts of scenarios we want to see improvements in market breadth and/or bullish momentum divergences start to pile up. We're not seeing any of either.
Every month I host a Conference Call for members of All Star Charts Pro. From the feedback we get from our readers all over the world, this one feature of our...
These are the types of markets that are a statisticians dream come true. They get to run all sorts of scans and tests to see how long it's been since volatility did this or the rate of change in the S&P500 did that. To be honest, it's all a bunch...
The market goes through periods of volatility. We've seen it before and we'll see it again. For me, it's all about learning from this experience and coming out of it a better and wiser investor. Notice how you're behaving and acting during this period...