Expert technical analysis of financial markets by JC Parets
by JC
We’re all here for different reasons. Each of us have our own time horizons. My risk tolerance is different than yours.
There are 3 questions every investor should answer before ever entering into a new position:
Let’s address each of these one by one: [Read more…]
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
Tuesday’s Mystery Chart is one of my favorite charts right now, so thank you all for your feedback and participation.
It seems almost everyone was on the same page here, getting involved in some way, shape, or form on the long side.
With that as our backdrop, let’s get into it.
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
In late August we wrote about the weakness in Biotech and its coming breakdown on an absolute basis.
Now that we’ve gotten that breakdown, let’s take a look at the entire Healthcare sector and identify what risks remain.
by JC
Stocks are still trying to break out of this massive range since early 2018. After some selling early this week, the range is still intact. I think this chart of the Global 100 Index tells the story best: [Read more…]
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
Today we’re taking a look at one of the most important Emerging Markets out there, Brazil, on an absolute and relative basis.
Let’s see what’s going on there.
[Read more…]
by JC
This is a question I get a lot from friends and family or someone I just met that knows what I do for work.
What’s funny is that they don’t ask it quite like that. They won’t ask, “JC how do I make money in the market?”, even though that’s what they really mean to say. It’s usually more like, “Which pot stock do I buy?” or “Which Crypto Currency should I buy?”, depending on where we are in the cycle. It’s rarely an IF, and more of a Which One?
The way I see it, you can add the same amount of money every month for decades and just let it compound. If you’re disciplined enough to do it (most of you aren’t), I can see a good case for that strategy. But if you’re looking to get into more specific trades or investments, I think a well-defined risk vs reward strategy is the only way to profit. If you can’t manage risk responsibly you’ll be gone soon.
Here’s my take: [Read more…]
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
New Mystery Chart!
For those new to the exercise, we take a chart of interest and remove the x/y-axes and any other labels that would help identify it. The chart can be any security in any asset class on any timeframe on an absolute or relative basis. Maybe it’s a custom index or inverted, who knows!
We do all this to put aside the biases we have associated with this specific security/the market and come to a conclusion based solely on price.
You can guess what it is if you must, but the real value comes from sharing what you would do right now. Buy, Sell, or Do Nothing?
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
The TSX Composite Index is attempting to hold above its 2018 highs after breaking out earlier this month.
In early August we wrote a Canada Update for Premium Members outlining ideas (and another post 2 weeks ago), many of which are working well, however, we’re following up on this post today with a stock on our watchlist that’s become actionable.
