With the stocks in the U.S. and all over the world breaking out to new all-time highs, how do you think people are reacting to it?
Do you see excess optimism out there?
I don’t. [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
With the stocks in the U.S. and all over the world breaking out to new all-time highs, how do you think people are reacting to it?
Do you see excess optimism out there?
I don’t. [Read more…]
by JC
It’s a new year and I’m back on the TV to chat with Catherine Murray at BNN Bloomberg. I wish I was in Toronto to shoot this live so I could get some Thai food or something afterwards, but we’ll settle for a Skype call in this one! Man I love visiting Toronto.
Anyway, I don’t think there’s been anyone on her show who has been as bullish stocks as we have over the past 6-8 months. I even asked her, but she just laughed. Remember Just Buy Them Baby! from July?
What’s changed since then? Only additional sector rotation, further breadth expansion and unparalleled participation (and new leadership) from global markets. Are you not entertained?
Check out the interview in full. We touch on some important points: [Read more…]
by JC
This week Howard and I talk about the evolution of markets. There are new ways for investors to allocate money almost every day. SPACs are back! More IPOs this year, and many of them going up. New tickers every day.
What do we do about it? How can we get involved? We discuss all of that in this video!
As we enter 2021, what are the areas we need to be watching? Howard thinks there are 3 major themes to be long for the next decade:
Fintech, Healthcare & Education.
It’s hard for me to disagree, especially from a Technical perspective.
Here’s the video in full:
by JC
Now that the official period of the Santa Claus rally is over, we can look back and see if Santa actually showed up or not.
As we discussed last month before it got started, the Santa Claus rally lasts for 7 trading days: the last 5 of 2020 and the first 2 of 2021. Based on the way the calendar worked out, this year’s festivities began on December 24th and lasted through yesterday, January 5th.
The S&P500 rallied about 1% during this period, which is perfectly normal market behavior for this time of year: [Read more…]
JC and I were chatting this morning about things we’re seeing in the markets. The big thing we’re observing is the breakout in financials. And a breakout in financials is rarely something one observes in a bear market, or a bull market that is in the process of “topping.”
While it might be wise to wait for pullbacks in the financials space before entering any new trades there, we were able to take some risk off in a bullish calls trade in Morgan Stanley $MS we’ve been in since December 11.
But one stock that has JC’s attention has been lulling investors to sleep over the past six months. And this is kind of ironic since one of their main product lines is Trojan — which promotes anything but sleep 😉 [Read more…]
From the desk of Steve Strazza @Sstrazza
Dividend aristocrats are easily some of the most desirable investments on Wall Street. These are the names that have increased dividends for at least 25 years, providing steadily increasing income to longer-term minded shareholders.
As you can imagine, the companies making up this prestigious list are some of the most recognizable brands in the world. Coca-Cola, Walmart, and Johnson & Johnson are just a few of the household names making the cut.
Here at All Star Charts, we like to stay ahead of the curve. That’s why we’re turning our attention to the future aristocrats. In an effort to seek out the next generation of the cream-of-the-crop dividend plays, we’re curating a list of stocks that have raised their payouts every year for 5-9 years.
Introducing the Young Aristocrats. We like to say these are “stocks that pay you to make money”. Imagine if years of consistent dividend growth and high momentum & relative strength had a baby, leaving you with the best of the emerging dividend giants that are outperforming the averages.
By adding our technical analysis to the mix, the Young Aristocrat setups give you the opportunity to own the best of the market’s future blue-chip winners before they become must-own household names.
And maybe the best part? This list is not just designed for long-term investors. Traders of all time frames can use this list to help generate ideas even in the shorter-term. Remember, some of the most important filters we use for this list are momentum, relative strength, and proximity to new highs. So let’s keep it real, these stocks are going up across all time horizons.
With that said, Let’s dive right in… [Read more…]
by JC
Did you see Crude Oil breaking out above all of those former lows from the past 4 years?
Wow, Crude Oil is back!
Take a look at this massive topping pattern that completed in the first quarter this year. Crude Oil prices are now back above that massive neckline. [Read more…]
by Louis Sykes
From the desk of Louis Sykes @haumicharts
I hope you all had a great Christmas and enjoyed your New Year’s celebrations.
It’s around this time of the year everyone gets all excited to ramp up their New Year’s Resolutions: start exercising more, lose some weight, drink less…
But if there’s one resolution I’d like to see more of from technical analysts, it’s to keep your charts clean!