JC, Author at All Star Charts Page

[Premium] Monthly Charts Strategy Session November 2023

November 2, 2023 by JC

This is the video recording of our November 1st Monthly Charts Live Strategy Session

When Does Correction End?

October 27, 2023 by JC

We’re over 3 and half months into a stock market correction that I keep being told is just the beginning of a major crash.

I’m just not seeing it.

This continues to look like a regular seasonal correction that we’ve seen so many times around this time of the year.

In other words, if the market was NOT correcting like it has been, that would actually be very unusual.

Here’s what each of the sectors and major indexes have done since the new 52-week highs list peaked in July: [Read more…]

When The Time Comes To Buy

October 23, 2023 by JC

The old saying is that when the time comes to buy, you won’t want to.

Walter Deemer even wrote a book with that title.

So is that what this is?

Everyone knows that the best time to buy stocks is in October after a correction.

Everyone knows that the best 3 month period of the year, November through January, begins next week.

Everyone knows that Volatility historically peaks in October.

Everyone knows that every single dollar made in the Dow Jones Industrial Average since 1950 has come between November and April.

Everyone knows that stocks historically do very well entering an election year.

This is all just basic arithmetic.

It’s all public information and common knowledge at this point.

So when the time comes to buy, do you even want to?

Were you buying stocks last October when it was time to buy?

Are you buying stocks here?

Why?

Or why not?

I’m buying stocks.

I made a nice list of them on last week’s LIVE Conference Call.

Check that out here.

And then let me know what you think.

What are you buying?

When Year End Rally?

October 21, 2023 by JC

Aren’t we supposed to get a rally into the end of the year?

That’s what the seasonal trends throughout history would suggest.

I mean, we got the seasonal strength earlier this year, as the Nasdaq put up the greatest first half to the year ever.

And then the typical Q3 Pre-election year weakness came, which could not have been more normal.

Now this is about the time where stocks get going into year end. [Read more…]

So then NOT Transitory?

October 20, 2023 by JC

Did you think inflation was just going to come and go?

Just like that? And now we all move on?

I highly doubt that it’s that simple.

According to the bond market, inflationary pressures are likely just getting started.

This is a $120 Trillion asset class that’s so big there’s just no where to hide.

For instance, take a look at the Inflation-protected Treasury Securities, that we refer to as TIPs. And when you compare them to nominal yielding Treasury Bonds, you’ll notice the new 52-week highs this week in the ratio between the two.

This is what the bond market is pricing in for inflation. Not the angry economist on the internet. Not the pretty lady on basic cable.

This is the bond market. This is whose opinion actually matters: [Read more…]

[Premium] Mid-Month Conference Call Video Recording October 2023

October 17, 2023 by JC

This is the video recording of the October 2023 Mid-month Conference Call.

[Read more…]

Your Unlikely Hero

October 17, 2023 by JC

Have you noticed how everyone forgot about Healthcare stocks?

All it took was 2 years of no progress for everyone to lose track of just what a monster this trade has been for so long.

Just to put things in perspective, here’s what Healthcare as a sector has done over the past 20 years: [Read more…]

Happy Anniversary Bull Market

October 16, 2023 by JC

How come so many investors get mad that an index, which was designed to buy more of the best stocks and less or none of the worst stocks, owns more of the best stocks and less or none of the worst stocks?

The S&P500 is up over 21% since the October low last year. In fact, last week marked the 1 year anniversary of this bull market.

Meanwhile, the Nasdaq100 is up 40% over the past 12 months (because it’s a bear market?)

During this time, Technology is up 46%, Communications is up 42% and Industrials are up 22% – representing the 3 best performing groups of stocks. [Read more…]