This week we’re looking at a long setup in the Realty space. With Realty showing growing strength, this was one sector we wanted to focus on.
Let’s take a look at this stock.
Expert technical analysis of financial markets by JC Parets
This week we’re looking at a long setup in the Realty space. With Realty showing growing strength, this was one sector we wanted to focus on.
Let’s take a look at this stock.
by JC
The weekend is a great time to take a step back and think about things.
Thinking is underrated.
I’m also bullish on breathing.
If I could buy a leveraged ETF on breathing I would.
Writing helps me do both of these things.
So today I’m just going to point out a few things that are on my mind, and maybe they’ll help you understand how I approach the world. [Read more…]
From the desk of Steve Strazza @Sstrazza
Our Hall of Famers list is composed of the 100 largest US-based stocks.
These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.
It has all the big names and more.
It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that which you can check out here.
The Hall of Famers is simple.
We take our list of 100 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.
Let’s take a look at some of them now.
by Ian Culley
From the desk of Steve Strazza @Sstrazza and Ian Culley @Ianculley
The outperformance from commodities this year has been hard to ignore.
Over the trailing 52 weeks, the CRB index is up over 56% and our equal-weight commodity index is up over 37%. The entire space has been participating — energy, base metals, grains, and softs.
And even though precious metals have been trending lower since last summer, we can’t forget that gold kicked off the commodities rally by hitting new all-time highs last year.
If we’re only looking at stocks and bonds we’re cutting ourselves off from what is currently the top-performing asset class. It doesn’t matter whether we trade the markets on a more tactical timeframe or if we have a long-term investing approach. There is alpha in commodities right now and we want to have exposure.
But how do we take advantage of this space if we don’t have the ability to buy December futures contracts of Crude Oil or the March ‘22 futures contracts of Corn?
That’s where our commodity ETF/ETN list comes into play.
From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge
Last week, we pointed out some mixed signals in our breadth indicators.
Despite the new highs from almost all the large-cap major averages, we had yet to see new highs in their corresponding advance-decline lines.
We also hadn’t experienced the kind of expansion in participation that we’d expect to accompany the indexes to new price highs.
Our new high indicators were still muted, even on shorter timeframes.
But that was last week. This week, mid-caps and small-caps have joined their large-cap peers at new record highs after making decisive upside resolutions from their year-to-date ranges.
And guess what? We’re finally getting that breadth confirmation we were missing.
Let’s talk about it.
From the desk of Steve Strazza @Sstrazza
When investing in the stock market, we always want to approach it as a market of stocks.
Regardless of the environment, there are always stocks showing leadership and trending higher.
We may have to look harder to identify them depending on current market conditions… but there are always stocks that are going up.
The same can be said for weak stocks. Regardless of the environment, there are always stocks that are going down, too.
We already have multiple scans focusing on stocks making all-time highs, such as Hall of Famers, Minor Leaguers, and the 2 to 100 Club. We filter these universes for stocks that are exhibiting the best momentum and relative strength characteristics.
Clearly, we spend a lot of time identifying and writing about leading stocks every week, via multiple reports. But we don’t highlight lagging stocks on a recurring basis.
Until now…
by JC
In Part 2 of our Fibonacci Series we dive into Frequencies with Jim Bartelloni.
If you’re already familiar with my others videos with Bart, you know this is all math. No fundamentals to see here!
In this video we look at the similarities between the shapes made by vibrating grains of sand and the ups and downs of the stock market, particularly the Small-cap Russell2000 ETF $IWM.
This was really cool. Hope you enjoy! [Read more…]
From the desk of Steve Strazza @Sstrazza
The January Effect posits that financial markets experience a seasonal anomaly in the beginning of each year whereby stock prices tend to rise more than in any other month.
But this bullish period extends beyond a single month. In fact, our data show that buyers come out in full force starting in the late fall/early winter.
According to historic seasonal trends, the best time of the year for the stock market is from November to January. Smaller stocks are known to outperform during this period.
And if we’re focusing on small-caps, November is by far the single best month. So it should come as no surprise that the Russell 2000 and S&P Mid-Cap 400 are breaking out to fresh all-time highs this week. They did the same thing last November. In fact, November of 2020 was the best month ever for these small- and mid-cap indexes.
Let’s dive in and discuss some of the seasonal tailwinds supporting these new highs from SMIDs.