Expert technical analysis of financial markets by JC Parets
From the desk of Tom Bruni @BruniCharting
Today there is no shortage of information: Social Media, Blogs, Newspapers, Television, Water-Cooler Gossip, etc., but we still have the same amount of time in a day. We all have to make a decision what we’re going to pay attention to and what we’re not.
In this episode of The Money Game, Phil answers my questions about the work/life balance with: “There is no such thing”. He says life is all about decisions. I tried to push back a bit and point out the extremes, both in my life and in those around me, but he says I’m overthinking things. I thought this was a really helpful conversation, selfishly, so I hope it adds value to your process as well.
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The Money Game Podcast Episodes
Here’s the video from a live interview I did on ET NOW, India’s leading business news channel. It’s amazing that I could not live further away than I currently do, yet we can still do this sort of thing. Their morning TV is my evening, but it works.
In this interview we discuss the ongoing rangebound market in US Stocks and then we shift gears to India’s stock market. We talk about the rotation into small & mid-caps, key levels for both the NIFTY50 and Bank NIFTY as well as the relative strength we’re seeing in the bank stocks, particularly ICICI and AXIS Bank.
Here is the video in full: [Read more…]
Greg Harmon is one of the OGs of the Financial Blogosphere. He has been consistently contributing to the community for over a decade. For you new comers, this is how it’s done. Greg is the founder of Dragonfly Capital, where he is the portfolio manager and I encourage you to follow him on Twitter @harmongreg. He paid his dues early in his career traveling around the world and holding senior positions including Head of Global Trading, Head of Product Development, Head of Strategy and Director of Equity at JP Morgan, State Street and BNP Paribas. It was not until after all of this experience that he started his blog and joined our FinTwit community. In this conversation we discuss how although he is both a CFA Charterholder and CMT, he chooses to incorporate more of a technical approach to markets. He then takes it one step further by using options to both maximize returns and, more importantly, manage risk. He is the author of Trading Options and I recommend getting a copy as soon as possible. This was a good conversation with one of the smart guys in the room. [Read more…]
Tuesday’s Mystery Chart received some interesting responses, with some of you stating that the bottom is in, while others said it’s still too early to tell.
So let’s get into what that chart is and why it’s relevant.
From the desk of Tom Bruni @BruniCharting
Tuesday I posted a Mystery Chart that got a lot of replies.
Most said you’d be buyers at current levels or on a pullback, but a number of you were skeptical of the recent move and would be avoiding or fading it.
The feedback I got was interesting, so let’s get right into the actual chart.
From the desk of Tom Bruni @BruniCharting
The Research and/or Trading business can be a very lonely endeavor for many, so I wanted to use this post to outline the role that collaboration plays in my process and why I feel it’s so important.
Some people actually think this world is just filled with rainbows and butterflies and stocks are always supposed to go up. I never understood that ignorance. Sometimes stocks go up, sometimes they go down and sometimes they go sideways for a while. It will take you less than 5 minutes of market history research to understand this very simple fact.
Of those 3, I would argue we are in the ‘sideways for a while’ category in U.S. Stocks, particularly the S&P500. [Read more…]
