Search Results for: "parets"

In 2016 I Learned That…

Dragging our bruised and battered psyches and souls across the finish line of 2016, and not a moment too soon. I should have known this year would be a trainwreck when it started with the death of David Bowie and a gruesome global market correction. It sort of got better from there, and then much, much…

The “I” Word

Today’s jobs report featured the fastest pace of wage growth we’ve seen so far in the recovery period, 2.8% year over year. Combine this with three other elements of the last week… First – Luke Kawa points out the explosion in buying and new unit creation for the largest TIPS (Treasury Inflation Protected Securities) ETF: Cumulative weekly…

Friends and Trends

Back in the day, this event was called Lindzonpalooza and Howard Lindzon presided over a few discussions among a crowd of maybe four dozen traders and fintech entrepreneurs. The group was small enough to fit onto the second floor terrace of the local Italian joint for dinner. Now it’s over 300 people at the welcome…

Chart o’ the Day: The Tech Breakout Nobody’s Talking About

My pal JC Parets at All Star Charts has a pair of worthwhile charts to check out concerning the recent strength in large cap tech. It’s not just tech on an absolute basis – it’s tech relative to the overall markets that is most interesting to him. After the March 2000 crash, the implications are…

In 2015 I Learned That…

Wait – 2015 is already over? How the hell did that happen?  It’s been quite a year, even though it feels like it flew by in an instant. Let’s hurry up and preserve the lessons learned lest we forget them all as 2016 gets underway.  You’ve already heard enough from me this year, so now,…

A False Breakdown in Crude Oil?

My pal JC Parets is nice with the charts. One of his favorite setups, from a trading perspective, is the false move. “From false moves come fast moves” is the applicable aphorism and it can work very well in both directions – false breakouts and false breakdowns. The mechanics behind this are simple – in…

Why Midcaps Broke Out

Lots of technicians I follow have been talking about the breakout to new all time highs this week in the S&P MidCap 400 index. It’s the first and only major average to make a new record high since the January correction that began the year. Some collected thoughts… JC Parets saw it coming and said…