Relative strength is one of the most important parts of my technical toolkit. Basically, the idea is to lean into stocks that are working and lean away from stocks that are not working.
Bearish Trigger for Financials
Fibonacci Retracements and Bullish Gold
Improving New Highs Would Validate Further Upside
Looking for Strength? Look to Utilities!
Emerging Markets Overextended
Three Takes on the Presidential Cycle
This past Monday, I asked three experts on the Presidential Cycle - Bruce Fraser, Jeff Hirsch, and Tom McClellan - to share their take on market trends around the election season. They delivered in a big way, and the result was a masterclass in how to learn from market history.
Bearish Divergence for Consumer Discretionary
As I paged through the S&P 500 charts during my normal weekend review, I started to identify some consistent patterns in the leadership sectors of Consumer Discretionary and Technology. Today I’ll share with you how I bucket these charts by their patterns, and why the Consumer Discretionary Sector SPDR (XLY) is likely the most important chart to watch.
The Emergence of Small Caps
The Benefits of a Consistent Imperfect Routine
A consistent imperfect routine is way better than an inconsistent perfect routine.
When I've worked with investors that are new to technical analysis, I often find that they spend too much time trying to perfect their analytical approach on a particular chart, and way too little time determining which chart they should be looking at in the first place!