The way I see it, we're either buying stocks at higher levels or we're buying them at lower ones. If this is just a shake out and we take off from here, that's fine. If we go lower, which is the higher probability, then it will take a series of...
It's not just the U.S. that is breaking our important levels, stock market indexes all over the world are reacting to the volatility. Europe is flirting with dangerous areas but Brazil and Russia have bucked the trend, likely due to their exposure to...
Two weeks ago I laid out what it would take for us to start getting more defensive in this market and not just blindly buying any and all dips. The thesis was that if certain things...
There are a lot of interesting developments working through the markets these days. Whether it's the relentless sector rotation underneath the surface or the divergences between small and large-cap stocks, there is no shortage of topics to discuss...
There is a lot of noise being made this week about potential divergences in U.S. Stock markets. The one thing that gets lost in the shuffle is that just because asset A is rising and asset B is not keeping up, that asset A needs to correct and come...
Small and mid-caps have been hit hard since late August, so rather than look for short opportunities after a large move, we're looking for potential counter-trend trades on the long side. Today's candidate is PTC India.
I have to give credit to our Intermarket Analysis work for a lot of our success over the years. This "Cross-Asset" perspective is incredibly valuable, particularly when it comes to identifying and staying with important trends. As a supplement to our...
The one thing we do know is that stocks are not in a downtrend. New all-time highs are consistent with a stock market environment where prices are rising. We saw new all-time monthly closing highs in most of the major U.S. Stock Indexes last...
Mid and small-caps have been hit hard over the last month, so I wanted to do a quick update post on how we should be approaching these indexes over the short-term.
September has been a month where the market's experienced some sharp moves to the downside, so I want to use this post to review what we spoke about last month and provides...
There's always a tell. Before the most recent rally we've seen in U.S. stocks since August, Aerospace & Defense stocks were breaking out. It was hard to be bearish equities with this A&D group, an important part of the Industrials sector, and...
We have been pounding the table to be buying U.S. stocks and ignoring the bearish rhetoric coming from almost everyone these days. I have never seen a stock market crash where people have been this prepared for it. I get an email a day warning me...
This week the Global Industry Classification Standard (GICS) expanded the Telecom Services sector to include Consumer Discretionary and Information Technology components, with it being renamed the Communications Services sector next Friday, September...
We're always focused on positioning. Stocks don't go up because of some article written by a 26 year old journalist who has never made a trade in her life. Stocks move based on positioning from institutions. When the market is caught leaning the wrong...
The Island Reversal is a rare but important pattern that has shown up across many of India's Major Indexes this month. As a result, I want to use this post as an educational opportunity to highlight what this pattern is, as well as explain how we're...
A few weeks ago I took a look at the Precious Metals space from the top-down for Premium Members of Allstarcharts, concluding that despite stretched sentiment there's...
After a more than 40% year-to-date and 60% 2-year decline, we've been eyeing Tata Motors on the long side for some mean reversion. For the last two months the stock has been range-bound, but the recent breakout has shifted the reward/risk in favor of...
This week's "Chart of The Week" is exploring the potential 20% upside in Tata Motors, however, I want to use this post to explore the rest of the Automobile...
I think the overwhelming theme here is that there are a lot more stocks I want to buy than stocks I want to sell. Why do we need to over complicate this?
Another thing I'm seeing is the January highs as a reference point. The question is...