The feeling of gratitude that I have this morning is overwhelming.
So I just wanted to take a moment to say Thank You. [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
The feeling of gratitude that I have this morning is overwhelming.
So I just wanted to take a moment to say Thank You. [Read more…]
by JC
In order to have a bear market, or a correction of any kind, the prices of stocks need to fall.
That’s just math.
But you know what hasn’t happened? We really haven’t seen the new lows list blowing up at all.
You would think that Monday would have seen a lot of new 52-week lows, considering the VIX practically tripled overnight, for the first time in the history of the stock market. [Read more…]
From the Desk of Steve Strazza @Sstrazza.
Welcome back to Under the Hood, where we’ll cover all the action for the two weeks ended August 2, 2024. This report is published bi-weekly, in rotation with The Minor Leaguers.
What we do here is analyze the most popular stocks during the week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.
We use a variety of sources to generate the list of most popular names.
There are so many new data sources available that all we need to do is organize and curate them in a way that shows us exactly what we want: a list of stocks that are seeing an unusual increase in investor interest.
Click here for a behind-the-scenes look at our process.
Whether we’re measuring increasing interest based on large institutional purchases, unusual options activity, or simply our proprietary lists of trending tickers, there’s a lot of overlap.
by Ian Culley
From the Desk of Ian Culley @IanCulley
Give the bears a pass.
Precious metals and the companies that mine the rocks are seeing red. The new lows list is expanding. And breakouts are failing.
I don’t want to step in front of that broadening weakness.
Instead, it’s time to protect profits and cut losers. Especially those losers printing multi-year lows…
by JC
3 Things to keep in mind during times likes this: [Read more…]
by JC
What’s driving stock prices?
Remember, over the short- to intermediate-term, stock prices don’t move based on the fundamentals. They move up and down based on positioning, or in many cases, a lack of positioning.
When no one wanted Tech and mega-cap growth at the end of 2022, that was when Tech and mega-cap growth really got going.
Before that, when everyone wanted high growth Tech, Cathy Wood was the next Warren Buffett, and that’s when Tech stopped working for a while – and is still not working in many of cases.
That’s sentiment driving those things. [Read more…]
This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.

by Ian Culley
From the Desk of Ian Culley @IanCulley
Aside from gold’s new all-time highs, commodities look rough.
Natty gas is falling below two bucks. Copper is retesting four. And corn is rolling to its lowest level since 2020.
But of all the vulnerable commodities contracts, only one area stands out as a viable short: cattle.