Expert technical analysis of financial markets by JC Parets
by Louis Sykes
From the desk of Louis Sykes @haumicharts
Welcome to this week’s edition of Louis’ Look, where I walk you through what I’m learning every week as an intern at All Star Charts. Last week I discussed how information is most valuable when it remains hidden; you can read the post here. Today, I want to explore how the market continually reinforces the necessity of a game plan.
by Louis Sykes
From the desk of Louis Sykes @haumicharts
Welcome to this week’s edition of Louis’ Look, where I share the lessons I’m learning while interning at All Star Charts. You can read the previous post here. Today, I want to touch on how the small elements are the most powerful, particularly in markets.
This weekend, I managed to catch a clear night to go out with my telescope to hunt down the stunning Orion Nebula and Andromeda galaxy, located a mind-blowing two and a half million light-years away. When I found them, they were lying in an empty and devoid section of the night sky.
A tiny sliver of darkness was hiding a sea of beauty and information.
As intense as that may sound, the market is in no way different.
Looking at the financial industry from the outside as an intern, I see people concentrating a disproportionate amount of time on FANG headlines, the recent Nikola gossip, and SPAC drama at the expense of potentially missing what the market is actually doing.
If you want to gauge where the market is positioned, look no further than Microcaps, Smallcaps, and Midcaps.
People seem to have an allergy of talking about these smaller market capitalization stocks, even though they’ve led most sizable market corrections over the last decade.
A recent example of this was when the S&P 500 was making new highs into September, while Microcaps were bucking the trend and making new short term lows. As the guys have said here, this is important because we need to dance with the girl who brought us here. [Read more…]
by Louis Sykes
From the desk of Louis Sykes @haumicharts
Welcome to this week’s edition of Louis’ Look, where I write a brief note for the blog to document the lessons I’m learning every week. You can read the previous post here. Today, I’ll fill you in on some of the neat stuff we’re building over here and my realization that passion is the engine of creativity and uniqueness.
by Louis Sykes
From the desk of Louis Sykes @haumicharts
Welcome to this week’s edition of Louis’ Look, where I write a brief note for the blog to document the lessons I’m learning every week. You can read the previous post here. This week, I want to focus on how market leadership is always in flux, and the best way to identify these changes is through, you guessed it, price.
by Louis Sykes
From the desk of Louis Sykes @haumicharts
Welcome to this week’s edition of Louis’ Look, where I write a brief note for the blog to identify the key lessons I’m learning every week. You can catch up on the previous post here. Today, I want to share what I’ve been thinking about psychology and its relation to technical analysis.
Let’s jump right into it.
From the desk of Steve Strazza @Sstrazza
New Mystery Chart!
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 any asset class on any timeframe on an absolute or relative basis. Maybe it’s a custom index or inverted, who knows!
We do all this to put aside the biases we have associated with this specific security/the market and come to a conclusion based solely on price.
You can guess what it is if you must, but the real value comes from sharing what you would do right now. Buy, Sell, or Do Nothing?
by Louis Sykes
From the desk of Louis Sykes @haumicharts
Welcome to this week’s edition of the ‘Louis’ Look’ column.
Every week I write a piece documenting what I’m learning through my internship at All Star Charts. You can read the previous post here. This week’s edition is a shorter one to keep on today’s theme of simplicity, so let’s jump right into it.
by Louis Sykes
From the desk of Louis Sykes @haumicharts
Welcome to the third edition of “Louis’ Look,” where I walk through the lessons I’ve learned over the past week through interning at All Star Charts. You can read the previous post here.
In this post, I want to step back from the market and focus on people. I really enjoyed writing this one, so buckle in.
