Analyst @allstarcharts | Charts/Markets/Stocks/Trends | Views are my own
Toronto
Joined September 2009
- Tweets70.3K
- Following629
- Followers3.8K
- Likes331
We've seen days like this before. Every time it feels like the big one, like it's different this time. Maybe it is.
Everyone's freaking out, calling the AI trade dead. Feels like an overreaction, but it's no time to be a hero either.
I expected the market to act differently by now. It hasn't, so I'm on the sidelines until I see what I want.
👀
Imagine when this bull market eventually ends (I’m not predicting that it will happen soon) we return to a period in which value stocks outperform growth stocks.
According to Fama-French data, growth stocks outperformed in 8 of the 13 years from 1926 to 1939, before value stocks dominated for the majority of the next 70 years.
I can’t imagine value outperforming for the NEXT SEVEN DECADES of my career. But for market participants starting out in 1939, that was the exact environment they had to navigate.
One of the big drivers for a change like this is likely higher interest rates.
Dan Marchese retweeted
Anchors I am watching on the equally weighted S&P 500 $RSP
Earlier today @DChartLife and I were discussing what would happen if we lost semiconductors as a group.
My answer was I don't care if they correct as long as a bunch of other groups take their place.
Because that is bull market behavior.
Staples and other "boring" groups may not be as "important" as a group like semis but as long as people are buying stocks I think that provides you with a surprising amount of context about the environment.
Dan Marchese retweeted
Find yourself a community who will teach, challenge, and support you on your trading journey. Need a community? Let me share mine...
The crew at @StockMktTV. They go by a lot of names: colleagues, mentors, traders, CMTs, friends... but to me, they're family.
Next stop, Las Vegas!
I was fortunate to hear @daChartLife give a fantastic presentation at our portfolio accelerator event last week.
One of my favorite things he said was, “I’m a good stock picker, but I’m a great stock picker when more stocks are making new highs than lows.”
That’s the difference breadth makes.
Dan Marchese retweeted
Last week I attended the @StockMktTV Portfolio Accelerator event in NYC and heard from some of the sharpest minds in finance.
With hundreds of charts to choose from, here are 3 standouts from each presentation.
Check it out! ⬇️
thechartreport.com/10-03-26/…
Market analysis means looking around, the more time you spend and the deeper you dive, the more puzzle pieces you gather. 🧩
Bad breadth means more stocks have been moving lower than higher.
That’s been the case most recently, but no one said the bull market was ending because of it.
Dan Marchese retweeted
Another great couple of days with the @StockMktTV crew and friends. Great presentations and plenty of trade ideas.
Looking forward to doing it all again in Vegas!
There are many strategies for making money in the market, and I’m sure there’s a few standouts that can make more trading multiple timeframes in a messy environment. But don’t get it twisted, most strategies need stocks going up.
Find a clean process and repeat it. Their strategy isn’t better than yours; they’re just more disciplined.