Overall, that was a nice move in the market today.
As the day went on, though, the indices did pull in.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
Overall, that was a nice move in the market today.
As the day went on, though, the indices did pull in.
by David
The largest insider transaction on today’s list comes in a Form 4 filing by CrowdStrike Holdings $CRWD director Roxanne Austin.
Austin revealed a $3.3 million purchase in $CRWD. Austin was also on our list with a similar Form 4 filing a few weeks ago.
by David
From the Desk of Kimmy Sokoloff
This morning, $SPY is above its 50-day moving average at 389.61. I’ll be watching this level closely.
If we can hold it, there’s potential to 396.
by JC
I was back on The Compound & Friends show this week.
But this time I brought ASC Director of Research Steve Strazza with me.
This show is always a lot of fun and this time was no different.
We don’t take ourselves too seriously and like to enjoy ourselves. So this is the perfect show for us to come on.
We discussed the Bull Market in stocks that continues to broaden out to new sectors and countries, the potential breakout in Gold prices to new all-time highs, how the US Dollar falling apart is impacting asset classes, and some of our favorite stocks to profit from the current environment.
We also discussed our Bitcoin trade, Chinese Internet and the ASC Hall of Famers.
Big shoutout to Josh and Michael for the invite.
I love being a guest on one of my favorite shows to watch! I know Steve Strazza feels the same way.
Enjoy! [Read more…]
by JC
If you’re not making money in this environment, it’s not because it’s a “bear market”.
Don’t be one of those investors left holding the bag in the few remaining stocks that are not working, while almost everything else is.
On an equally-weighted basis, every single sector is up since the bear market ended last June.
Here’s the performance of each of the Sectors since the new lows list on the NYSE peaked in Q2. Notice how Consumer Discretionary is the best performer. How can consumer discretionary stocks doing so well possibly be a bad thing? [Read more…]
From the desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.
We’ve also sprinkled in some of the largest ADRs from countries that did not make the market cap cut.
These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.
It’s got all the big names and more–but only those that are based outside the US. You can find all the largest US stocks on our original Hall of Famers list.
The beauty of these scans is really in their simplicity.
We take the largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.
Based on the market environment, we can also flip the scan on its head and filter for weakness.
Let’s dive in and take a look at some of the most important stocks from around the world.
by David
From the Desk of Kimmy Sokoloff
That was a nice push in the market today.
$SPY finally closed its gap to 387.89.
From the Desk of Steve Strazza @Sstrazza
Welcome to our annual edition of Young Aristocrats.
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 long-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 five to nine years.
We call them the Young Aristocrats, and the idea is that these are “stocks that pay you to make money.”
Imagine if years of consistent dividend growth and high momentum and 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.
Often, the strongest performers in this universe — and even the Aristocrats themselves — pay relatively small dividends.
This is usually because the stock appreciation makes it tough to keep up with the payout — even for companies that consistently grow their yield in the double-digits!
For this reason, we don’t have a minimum threshold for the dividend. What we’re really doing here is creating a list of quality stocks based on their ability to persistently grow their shareholder return.
And maybe the best part?
This list is not just designed for long-term investors. Any kind of investor or trader can use this list as it helps generate ideas across all timeframes, even the short term.
Remember, some of the most important filters we use for this list are momentum, relative strength, and proximity to new highs.