Category: Charts/Essays/Reports

The market is in terrible shape. On the index level, tops have formed and confirmed downtrends are in place. Among individual stocks, 80-90% of tech is in a bear market. The internals have been weak for at least six months. But while most of the market is off limits to investors, oil has offered a […]

Let’s talk housing. 30-year mortgage rates are now 5.2% (or thereabouts). This is a double off the low. Coupled with significantly higher prices, this has caused mortgage payments to shoot up. From Charlie Bilello… In Jan 2021, the 30-yr mortgage rate was 2.65% and average new home price in the US was $401,700. Today, the […]

There have been some spectacular round trips the last year. That’s when a stock goes on a huge run…only to give it all back. And these are not low-quality stocks – many are established companies that have been in business for 15+ years. This is a small sampling; there are well over 1000 of these […]

The market is topping. These are long, drawn-out processes that often take upwards of two years to complete. Let’s compare the current topping process to the Dot Com top and Financial Crisis top. Here’s S&P 500 from 1999-2002. Even though ’99 was a great year, in hindsight, it was the start of the topping process. […]

China stocks have been in the dumps since topping in February 2021. A combination of increased regulation and outright confiscation of assets from the Chinese government have dissuaded investors from accumulating shares, and in some cases, outright holding them in the first place. But this seems to be changing. As noted at Leavitt Brothers this […]

This writeup will be short on words but long on charts. The Nas 100 is leading the market. As long as the index does well, the entire market will at least hold up, so an analysis of the stocks will reveal a lot of valuable information.

Rotation this year has been extreme – it has seemed like groups have alternated between doing great or very poorly. The net has groups that have out-performed and under-performed (duh) the last 12 months.

It’s been a fantastic couple weeks of trading. At Leavitt Brothers, we noticed the charts starting to turn and profiled many great setups that ultimately posted big gains. Here’s a summary – not an inclusive list. A key to making it in this industry is: take advantage of opportunities. We definitely did this at LB […]

On May 3 Leavitt Brothers profiled a handful of gold and silver charts. Why? Because they were acting well and were likely to outperform going forward. Trading is hard when you dig your feet in and defend every opinion. It’s easier if you can lose the biases and just play the leaders, regardless of where […]

Software stocks, which mostly posted massive gains last year because they were growing and were unaffected by the virus, have been in downtrends for several months. Now, many of them are taking out lows and well on their ways to doing complete round trips. For trading purposes, these stocks are off limits. This list also […]