In this Episode of Allstarcharts Weekly, Steve and I talk about the newest Sector in America: Communications. Back in 2018, the Index makers took out...
This long weekend we had more time to take a step back and think about the things that are currently going on in the market. A big theme that stuck with us was the strength in stocks in the Utilities sector. The question was/is whether this strength...
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...
In late August we started to see some signs of a potential bottom forming in Commodities as they approached long-term support with momentum diverging and in...
You guys know that I just tell it like it is. I don't care what happens. The stock market can double or can get cut in half. Gold can go to zero tomorrow or to 10,000/oz and I won't care. I'm too old to worry about the economic or social implications...
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...
This week's talk of the town is how Financials, particularly Regional Banks, are rolling over relative to the rest of the market at a faster rate than the Yield Curve is rolling over.
Sometimes the greatest things in the world are right there in front of you.
Of all the charts I look at and indicators that we include in our process, Consumer Staples relative to the S&P500 has to be one of the most valuable. And for that...
I'm really fortunate that I get to interact with traders and investors from all over the world on a regular basis. I receive emails with great questions all the time. And while I'm happy to share my thoughts, it's these questions that really help...
Humans are incredible storytellers. We've convinced ourselves of all kinds of things that biologically don't exist, like state borders and even money. States aren't like mountains or rivers that we can see and touch. They're just stories that we all...
Let me take you back to simpler times back in 2006 when you used to hear things like, "Real Estate only goes up" and "God only made so much land". Heck, you may have even said those things...
Happy New Year! I don't know about you, but I couldn't be happier about kicking off 2020. Markets around the world are making new all time highs (including the US! -- I know, shocking for those of you fixated on War and Tariffs "news"), and...