JC, Author at All Star Charts Page

Natural Gas: Catching A Falling Knife

February 3, 2023 by JC

The Natural Gas ETF saw its highest volume of all time on Wednesday – by a long shot.

I mean, it wasn’t even close.

When I see something like that, I think “Capitulation”.

There’s something going on here and I want to take a closer look.

So here’s that look.

You can see the $UNG Natural Gas ETF back down to those 2020 levels.

This ETF rallied over 300% last time it was down here: [Read more…]

Chart of the Day: Taking Peloton For A Ride

February 2, 2023 by JC

If you’re short Peloton with the price above those former highs from the back half of last year, I think you’re insane.

The squeeze is on here folks.

At last glance we saw 15% of the float was still short.

Look at this beautiful bottom and breakout: [Read more…]

[Premium] Three Charts For The Week Ahead

February 2, 2023 by JC

We retired our “Five Bull Market Barometers” in 2020 to make room for a new weekly post that’s focused on the three most important charts for the week ahead.

This is that post, so let’s jump into this week’s edition.

[Read more…]

[Premium] Trade Of The Week

February 2, 2023 by JC

This week we’re looking into Capital Goods sector stocks.

[Read more…]

New 10-Month Highs for Small-caps

February 1, 2023 by JC

Where I come from do you know what we call higher lows and higher highs?

Uptrends.

Do you know what stocks do in bull markets?

They go up.

And speaking of going up, we just watched the Small-cap Russell2000 Index go out at new 10-month highs.

Do you know what’s not evidence of a downtrend?

New 10-month highs. [Read more…]

[Premium] Details For February 2023 Monthly Strategy Session

February 1, 2023 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 February 6th @ 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…]