OK so 2 quick charts for you.
The first one is Johnson & Johnson trying to break out of a 6-month base. [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
OK so 2 quick charts for you.
The first one is Johnson & Johnson trying to break out of a 6-month base. [Read more…]
by JC
It’s Saturday Morning Chartoons time.
This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.
by JC
Initial Public Offerings are exactly that, the initial offering of shares to the investing public. That’s the beginning of price history.
This is how it used to be in the old days anyway. Today, we regularly see companies going public so their investors can take profits on their early stage bets. There have usually been several rounds of money raising along the way.
The liquidity is to pay investors, and not necessarily just to raise cash to grow the company.
And that bothers some people. But not me. I don’t really care.
I’m only here to try to make a few bucks off the whole thing. [Read more…]
by JC
These are the registration details for our Live Monthly Candlestick Strategy Session for Premium Members of All Star Charts.
This month’s Video Conference Call will be held on Monday August 2nd @ 6PM ET. As always, if you cannot make the call live, the video and slides will be archived and published here along with every other live call since 2015.
Here are the details for Monday evening: [Read more…]
by JC
The question I keep seeing goes something like this: “Will all this weak breadth finally cause a correction in the market?”
But the right question to ask isn’t whether or not a correction is going to start.
It should be: “How much longer will this correction go on?” [Read more…]
by JC
The market has spoken.
If you’re not long Crypto in one form or another, that’s makes you short by default.
Do you want to make sure you underperform? Keep Crypto out of your portfolio.
These are the current circumstances and consequences.
Here we’re looking at the ratio between Bitcoin and the S&P500: [Read more…]
by JC
It’s Saturday Morning Chartoons time.
This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.
by JC
Some markets have been choppy for longer than others. Most of the Nasdaq has been a chop fest since February, and so have Emerging Markets. Now since about May a lot more of the cyclical and developed markets have taken a hit.
You can see that in the Equally-weighted S&P500 Index: [Read more…]