Expert technical analysis of financial markets by JC Parets
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
We’ve been waiting patiently for Treasuries and other Sovereign Debt to make a move after flatlining since April.
Yesterday JC pointed out that US Rates made new all-time monthly closing lows, so let’s take a look and identify how we need to be responding.
by JC
This is the video recording of our August 4th 2020 Monthly Charts Live Strategy Session
by Louis Sykes
From the desk of Louis Sykes @haumicharts
I’ve been incredibly fortunate to become the latest intern here at All Star Charts and as a part of the role, I’ll be writing a weekly note for the blog – documenting what I’m learning about technical analysis from the perspective of an intern.
Without further adieu, let’s jump into what stuck out to me this week.
by JC
Welcome to my new Monthly show that I’m doing with my friend Josh Brown. He is one of the most widely followed Financial Advisors in the country, and someone who I’ve been arguing with about markets for the better part of 2 decades.
Every month I’ll bring a handful of the the most important Monthly charts that stood out during my review. In our first episode, I wanted to discuss the S&P500 making new all-time highs, Transports leading the way in July, Rates hitting new all-time lows and Bitcoin starting a new breakout.
This is the chart that I think tells the July story best. The further to the left the asset is, the closer it is to a new a 52 week high. The higher up the asset, the better its performance in July. Notice Transports in the upper right: Relative weakness overall, BUT the best performer this month, followed by Emerging Markets, Gold and base metals. The lonely US Dollar down below stands out doesn’t it? [Read more…]
by JC
This weekend we got a fresh batch of new Monthly Candlesticks. If you’re not using these charts to help you identify primary trends, I think you’re doing yourself a disservice. I rarely push a particular strategy or process. I usually just like to present the data, give you my conclusions, and then let you decide how, or if, you want to use it.
But for this, I don’t care who you are, Monthly Charts are an invaluable tool. Even if you’re a short-term trader or swing trader, we want to put all of that work into context, recognizing the major trends that are in place. Trust me, go build your own list of the most important charts and flip through them just once at the end of each month. I challenge you to start doing that every month and then come and tell me that it’s not helpful. I dare you!
Anyway, every time I go through this exercise, there are always a few things that stand out. This time around, I’d be remiss if I didn’t point out the new All-time lows in US Interest Rates. Whether you’re looking at 10s or 30s, we saw new All-time monthly closing lows across the board.
But why is this happening? Stocks are making new highs! Why are rates still crashing? [Read more…]
by JC
This week on the show I ask Howard about what Trading is going to be like in the Future. What are the hours like? How will we execute orders and on what kind of exchanges? This was really fun and something I rarely get to chat about in Public. I hope you enjoy this conversation as much as I did.
Check it out:
From the desk of Steve Strazza @Sstrazza
Every week we publish performance tables for a variety of different asset classes and categories, along with commentary on each.
Looking at the past helps put the future into context. In this post, we review the relative strength trends at play and give our outlook, as well as some of the things we’re watching for in the month ahead.
With July just coming to a close, we’re going to focus on that month’s returns for insight into the near-term and analyze a variety of monthly charts in order to view the recent performance within the context of the underlying trends.
This week, we’ll highlight the broad-based bullish performance across just about every asset class in July, as well as one of the tailwinds for this which was the weak US Dollar.
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
Friday afternoon we discussed some of the potential headwinds for Crude Oil, Copper, and other risk assets.
After doing my International Chartbook review over the weekend, I wanted to share some of the things we’re seeing and what it means for Equities as an asset class.
