This is the video recording of the February 25th Town Hall Meeting w/ Willie Delwiche & JC Parets.
02/25/21 2PM ET [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
This is the video recording of the February 25th Town Hall Meeting w/ Willie Delwiche & JC Parets.
02/25/21 2PM ET [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 March 1st @ 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
I’ve been incredibly fortunate to travel and learn from other cultures over the years. The tools and strategies I’ve picked up during my experiences in Singapore, Hong Kong, London, Tokyo, Taipei, Dublin and many other cities around the world have really helped shape the way I approach markets.
After so many conversations with smart folks, from all kinds of different backgrounds, for so many years, it makes it almost impossible not to learn a few tricks along the way.
Today I want to share on of my favorite gauges of risk appetite:
This is the one we want to watch, more specifically the NIFTY Smallcap 100 Index relative to the NIFTY 50 index. The latter represents 50 of the largest Indian companies on the National Stock Exchange.
It’s the ratio between the two that we want to focus on: [Read more…]
by JC
These are the registration details for our Weekly Town Hall. [Read more…]
by JC
It’s not about a virus or any economic reports. It’s about Credit.
We’ve said it before and we’ll say it again.
Look at last year, for example. By the time the S&P500 finally put in its high in February, everything else had already been falling apart. Small-caps, Mid-caps, Micro-caps, Financials, Transportation, Emerging Markets, New Highs list, Advance-Decline Line, the Value Line Index and S&Ps relative to its alternatives had all been pointing to stocks falling.
There was more data early last year suggesting to be completely out of stocks, and in bonds instead, than before any other crash in stock market history. We discussed this last week.
But even if you ignored all of those factors. And you just looked credit, you would have seen Treasuries significantly outperforming the rest of the bond market. Credit told you: [Read more…]
by JC
Last Summer when Gold ran into those former highs from 2011, it only made sense for price to recognize that overhead supply that had been in place for close to a decade prior. Even if only temporarily, that was big time resistance way back when, sending precious metals tumbling. So to ignore that seemed irresponsible (see Sept 3rd Conference Call).
Now, at the time we did not know how long this process would take, or if it was even necessary. No one knew. My suspicion, at the time, was that it could take months, maybe even quarters. But maybe longer, or perhaps would never even break out at all. I didn’t know. No one did.
So we sat back and waited while basically every other asset class on earth ripped higher, except bonds. So you could have owned pretty much anything but gold and treasury bonds and done great since Labor Day.
Now, while the market has punished owners of gold, it’s treated Platinum and Silver investors much better, especially in 2021. This makes the Equally-weighted version of Precious Metals MUCH more attractive than Gold on its own: [Read more…]
by JC
What does the market environment look like if stocks are under pressure, and loading up on stocks is probably a bad idea?
Well, I’d argue we’ll probably stop seeing new highs in Aussie Dollar and US 10-yr Yields: [Read more…]
by JC
It’s hard not to laugh a little when we say ridiculous things like,
Regional Bank Stocks continue to be the market leaders during this Global Pandemic….”
Especially in front of a group of investors who think they’re smart.
This is like the “least smart” comment you can make, according to some circles… [Read more…]