It's that time of the month again. This is when we take a step back, reevaluate everything we just saw the past 4 weeks or so, and come back home to the longer-term charts. Life is easier when we're not fighting big trends. While it's important for us...
Last week in our note to Institutional Clients we highlighted the potential for mean-reversion in the relative performance of Small and Micro-Caps, driven by rotation into Financials and...
Excuse my play on words in the title, but I wanted to make the point that at 13% of the Nifty 500, the Fast Moving Consumer Goods Index is a big part of the bull case for Indian stocks.
While we wait to see whether or not this retest of all-time highs is a successful one, we want to define our risk on the long side in individual names that continue to lead the market higher...
Interest Rates in the United States hit new 52-week lows last month. But from the looks of it, the commodities market and stock market are not in agreement with that direction. It's when we see divergences among asset classes that it gets my attention...
A Doctor would never diagnose a patient without first seeing what's going on inside. A mechanic won't be able to tell you what's wrong with your car without lifting the hood. It's no different in the market. How can we possibly judge the S&P500...
Market Breadth means a lot of things to a lot of people. The way I see it, we're analyzing a market of stocks. There are a variety of tools to help us do that including the Advance-Decline Line, List of new highs & lows and the percentage of...
Many people are surprised that we are back to where things first fell apart for the S&P500 and Dow Jones Industrial Average last year. We had a severe correction in Q4...
One of my good college buddies always busts my chops because he thinks it's ridiculous that look at charts all day. Today he calls me about some other stuff, but randomly asked what was my favorite chart. I'm like, "...of all time or right now?"...
Rotation into Energy stocks continues to pick up. While the reward/risk opportunities at the sector/subsector ETF level aren't great, there are several attractive setups within individual...
Interest rates all over the world made new lows last month and have since then tried to start a recovery. We're seeing this across the developed world in the U....
A big theme for me this year has been the US Dollar and how it will impact stocks as an asset class. The thought process coming into 2019 was simple. The Dollar had rallied throughout 2018 to reach some...
This week on the podcast we have the pleasure of chatting with Craig Johnson, Chief Market Technician at Piper Jaffray. I've known Craig for a long time and love the work that he puts out. During the day he speaks to buy side clients all over...