JC, Author at All Star Charts Page

Chart of the Day: Everyone is Making Money

January 13, 2023 by JC

It seems like everyone is making money in the market these days.

US Stock market investors are crushing it.

Investors in foreign stocks are doing even better!

Heck, even the Gold bugs are getting paid.

I mean, who isn’t? [Read more…]

[Premium] Details For January 2023 Mid-Month Conference Call

January 13, 2023 by JC

These are the registration details for our Live Mid-month Conference Call for Premium Members of All Star Charts.

Our next Live Call will be held on Tuesday January 17th at 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 Tuesday night: [Read more…]

Acknowledge Your Denominator

January 12, 2023 by JC

A question that keeps coming up to me is why Consumer Staples and Low Volatility stocks are outperforming.

These are normally the types of things you see when stocks in general are under pressure.

This is the kind of rotation you get in bear markets.

But the back half of 2022 was good for stocks. The 4th quarter was great.

Most stocks have been ripping for almost 7 months now. This is NOT the type of environment where Staples and Low Volatility stocks tend to outperform.

And while they might be making new multi-year highs relative to the S&P500, it’s pretty easy to outperform an index with so much exposure to growth stocks. So can we even call that ‘outperformance’? [Read more…]

Industrials Continue To Lead Stocks Higher

January 11, 2023 by JC

Historically, Industrial stocks are the ones with the highest positive correlation with the overall market, among all the S&P sectors.

Financials are obviously important. We don’t have bull markets around here without them.

Technology has also been important, considering it has the highest weighting among all the sectors in the U.S.

But when you run the numbers, it’s actually Industrials that comes out on top.

Industrials are officially the market’s most important sector.

And so when we take a look at how they’re behaving, I’m still not seeing the weakness that most investors keep telling me is coming.

In fact, look at Industrials breaking out to new multi-year highs relative to the rest of the market: [Read more…]

Stocks Start 2023 Very Strong

January 10, 2023 by JC

First Santa Claus showed up for his rally.

Now the “First 5 Days” of the year were up (+1.37%).

That’s 2 for 2 so far in the January Trifecta.

So now what’s next?

The January Barometer is the last leg of the early year triple crown.

“As January goes, so goes the rest of the year”. According to my handy Stock Trader’s Almanac, the S&P500 has an 83.3% hit rate for the full year when January is in the green.

So with more and more positive signs for stocks, it really shouldn’t be a surprise to anyone.

The trend for most stocks has been up and to the right. That was a strong back half of 2022 and a very strong 4th quarter.

And not just in the U.S., but we’re seeing breadth expansion internationally.

The weaker Dollar has certainly helped.

And while our Neutral approach for the S&P500 remains intact, underneath the surface things look so much better.

[Read more…]

[Video] Compound & Friends w/ Josh Brown, Michael Batnick, J.C. Parets & Steve Strazza

January 8, 2023 by JC

I was back on The Compound & Friends show this week.

But this time I brought ASC Director of Research Steve Strazza with me.

This show is always a lot of fun and this time was no different.

We don’t take ourselves too seriously and like to enjoy ourselves. So this is the perfect show for us to come on.

We discussed the Bull Market in stocks that continues to broaden out to new sectors and countries, the potential breakout in Gold prices to new all-time highs, how the US Dollar falling apart is impacting asset classes, and some of our favorite stocks to profit from the current environment.

We also discussed our Bitcoin trade, Chinese Internet and the ASC Hall of Famers.

Big shoutout to Josh and Michael for the invite.

I love being a guest on one of my favorite shows to watch! I know Steve Strazza feels the same way.

Enjoy! [Read more…]

Everything Is Up In This Bull Market

January 7, 2023 by JC

If you’re not making money in this environment, it’s not because it’s a “bear market”.

Don’t be one of those investors left holding the bag in the few remaining stocks that are not working, while almost everything else is.

On an equally-weighted basis, every single sector is up since the bear market ended last June.

Here’s the performance of each of the Sectors since the new lows list on the NYSE peaked in Q2. Notice how Consumer Discretionary is the best performer. How can consumer discretionary stocks doing so well possibly be a bad thing? [Read more…]

[Video] Fox Business w/ Charles Payne: Gold & Stocks Together?

January 6, 2023 by JC

It’s a new year with new leaders emerging in the market. So what better time to drop in and chat with our friends over on Fox Business about what’s going on.

Charles likes my Ratio charts so we took a look at some of those.

But I think the bigger point here is that Gold doesn’t have to be this ‘End of the world’ trade that some make it out to be.

History has proven time and time again that Gold prices can rise, even during bull markets for stocks. And to be clear, Gold prices can also fall along with stocks.

They are not mutually exclusive.

Check out the full clip and let me know what you think!