This week the Global Industry Classification Standard (GICS) expanded the Telecom Services sector to include Consumer Discretionary and Information Technology components, with it being renamed the Communications Services sector next Friday, September...
With markets having a big breakout on Thursday, our bullish US equities case continues to be confirmed. And with new all-time highs usually comes lower and lower volatility being priced into options.
Casual readers of All Star Charts will notice we've been warming up to the idea of being bullish Precious Metals and Miners for a turn. Check these recent posts to get up-to-date on our thoughts:
We're always focused on positioning. Stocks don't go up because of some article written by a 26 year old journalist who has never made a trade in her life. Stocks move based on positioning from institutions. When the market is caught leaning the wrong...
Continuing with a theme I discussed coming out of Labor Day Weekend, volatilities continue to remain low across major stock indices, within the majority...
The Island Reversal is a rare but important pattern that has shown up across many of India's Major Indexes this month. As a result, I want to use this post as an educational opportunity to highlight what this pattern is, as well as explain how we're...
There are tiny little irrelevant markets everywhere like Pot stocks and Crypto Currency. These could disappear tomorrow and it won't matter. The sovereign wealth funds, hedge funds and other monster institutions that make markets move have to be in...
I started taking wine a little more seriously over the past couple of years. It's been fun to learn about different varietals and the countries that grow them best. The geography is really interesting and it's fun to go visit places like Tuscany and...
This is the monthly conference call for Premium Members of All Star Charts. In this call we will discuss the global market environment and how to profit from it. As always, this will include Stocks, Interest Rates, Commodities and Currencies. The...
If you've been paying attention, we've been bullish and long Nike $NKE for a little while now. Here's our trade from July 2 where we got long calls (still holding),...
It feels good to be back in California. I just spent the past week in Texas, and before that I was in Toronto and Philly. I won't be leaving the west coast for a few months and I couldn't be more thrilled about it. I like it here.
A few weeks ago I took a look at the Precious Metals space from the top-down for Premium Members of Allstarcharts, concluding that despite stretched sentiment there's...
Consumer Staples have been going up. Stocks like Costco, McCormick and Clorox have been ripping to new all-time highs. The Sysco in the Staples sector has even embarrassed Cisco in Technology. It's been a nice run. The question here, however, is...
Fine. I get it. Businesses making political stances -- whether you agree with the stance or not -- rubs you the wrong way. And sure, aligning with a professional athlete at the center of a hot-button controversy only makes it more cringe-worthy for...
After a more than 40% year-to-date and 60% 2-year decline, we've been eyeing Tata Motors on the long side for some mean reversion. For the last two months the stock has been range-bound, but the recent breakout has shifted the reward/risk in favor of...
This week's "Chart of The Week" is exploring the potential 20% upside in Tata Motors, however, I want to use this post to explore the rest of the Automobile...
I think the overwhelming theme here is that there are a lot more stocks I want to buy than stocks I want to sell. Why do we need to over complicate this?
Another thing I'm seeing is the January highs as a reference point. The question is...
For us, the big question going into the weekend was whether or not the most recent leg higher in U.S. Stocks is the beginning of something bigger, a breakout of epic proportions, or just a major whipsaw that will lead to further selling into September...
From time to time, a slowly developing opportunity presents itself and in doing so gives you multiple ways to profit -- while also incrementally reducing your risk as time goes along. This type of situation is presenting itself currently in Marathon...
Continental Resources $CLR has been consolidating in a range just below 4-year highs, and recent price action has brought it to a level where I like our odds for an income trade.
