It’s too late to freak out
After we warned people for several months that a breakdown in risk assets (and rally in Treasuries/bonds) is likely, is now time to freak out? NO, the time to freak out was during the January/February low volatility chart chase insanity. The S&P 500 from February highs to now is approaching -20%. So what to do […]
The correlation between gold and stocks
Gold goes up when stocks go down, right? Unfortunately it’s not that simple. But I did find a way to better ‘time’ the price of gold. Watch the video now.
A word on AMZN stock…
Shares of Amazon.com, Inc are one frisky puppy and are currently trading about 17% above their 50 day simple moving average. While this does not mean much for the company’s growth prospects, it does speak to short term extreme bullish sentiment where the reward to risk is not favorable to buy the stock from a […]
The healthcare sector’s bullish breakout
There’s always a true bull market somewhere, regardless of broader market and economic environment. While we have our concerns about the broader US equity market as to how much more upside is left, the healthcare sector (XLV etf) is showing a much more reasonable bull market that we want to respect and buy.
Fourth quarter 2020 playbook for stocks
[et_pb_section fb_built=”1″ _builder_version=”4.6.1″ _module_preset=”default”][et_pb_row _builder_version=”4.6.1″ _module_preset=”default”][et_pb_column type=”4_4″ _builder_version=”4.6.1″ _module_preset=”default”][et_pb_video src=”https://youtu.be/dsI8tDInlFw” _builder_version=”4.6.5″ _module_preset=”default”][/et_pb_video][et_pb_text _builder_version=”4.6.5″ _module_preset=”default” text_font=”Roboto||||||||”] Given the upcoming US election and uncertainty around the global pandemic and global economic activity, we see more near to intermediate term choppiness in equities, ultimately to be followed by a sizeable relief rally. [/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”4.6.1″ _module_preset=”default”][et_pb_column type=”4_4″ _builder_version=”4.6.1″ _module_preset=”default”][et_pb_divider […]
The S&P 500 could remain range-bound for a long time
The whipsaws in the S&P 500 year-to-date are historic by any measure. But this now also sets up this index to remain largely range-bound. I have mapped out two specific ranges that I think the index could remain within and that I am using to trade around.
Don’t trust the bear market rally
After a sharp so far 10-day rally in risk assets I am once again hearing people get excited about buying stocks. I would offer that this is a classic bear market rally that should not be trusted and thus not be chased.
Serge’s top 5 charts for the new year
? At the end of December Serge discussed his top five charts for heading into the new year with IG TV. Lots of parabolic charts to notice. Watch the video now.
Is gold still a buy?
While we remain very bullish gold and gold related assets here from a longer term perspective, in the near-term warning signals are everywhere that this rally is getting long in the tooth. Watch the video now.
The MUST USE indicator for these volatile markets
Not all market environments are created equal. When volatility spikes, things are different and thus require you to adjust your trading risk parameters. Not doing so almost always leads to unnecessarily deep losses.