This announcement is 15 years in the making. And I’m grateful to all of you that I’m able to make it.
Ladies and gentlemen, 2024 was my last year as Chief Market Strategist at All Star Charts Research.
Many of you were with me when I started writing a blog from my apartment in New York City in 2010. I was 28 years old then – just a kid trying to figure it out.
You were with me too when we turned the blog into a research company. We’ve added some of the top technicians in the game today to our team.
And All Star Charts is now one of the greatest technical analysis research companies in the history of the stock market.
I’m really proud of what we’ve built together. The team that I’ve assembled has helped me make decisions about what I do with my money for many years.
So I’m equally proud to share that Steve Strazza – my right-hand man and the Director of Research for the last five years – was named Chief Market Strategist at Allstarcharts earlier this year.
Steve has played an instrumental role in our success at All Star Charts. No single person on Earth is more qualified to take...
One of the most reliable signals of market stress isn’t in the headlines—it’s in swap spreads.
Swap spreads measure the difference between what banks pay to swap interest rates (SOFR) and what the U.S. government pays to borrow (Treasuries). When that spread collapses, like it just did, something’s breaking.
In 2008, swap spreads collapsed before Lehman.
In March 2020, they broke again when the Treasury market froze.
Both times, the Fed stepped in.
This week, the 30-year swap spread hit a record low last week. Translation? Dealers are under pressure. Liquidity is vanishing.
Pension funds use swaps to hedge rates while keeping cash free for private investments. Banks hedge those swaps by buying Treasuries—but capital requirements limit how...
Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.
We've also sprinkled in some of the largest ADRs from countries that did not make the market cap cut.
These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.
It's got all the big names and more–but only those that are based outside the US. You can find all the largest US stocks on our original Hall of Famers list.
The beauty of these scans is really in their simplicity.
We take the largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.
Based on the market environment, we can also flip the scan on its head and filter for weakness.
Let's dive in and take a look at some of the most important stocks from around the world.
I'll be back from a nice family vacation later today and will be LIVE on The Morning Show Friday morning.
Miami is fantastic this time of year. I highly recommend a good vacation, if that's something that you can afford to do.
There was a time in my life that I couldn't afford this kind of thing, so it makes me appreciate it so much more. Many of you already understand this. Some of you will one day.
I wanted to check in and share a few things I've been thinking about while I've been away this week.
One thing that certainly stands out is just how great it is to stay off twitter while you're way with your family.
If you want to make sure you're a bad father, one way to solidify that is to spend all your time tweeting during family vacations.
I kid. But this is definitely a luxury that I couldn't understand in my younger days.