Stage analysis was popularized by Stan Weinstein in his book Secrets for Profiting in Bull and Bear Markets. This is the first book I recommend to all traders. In fact, it’s so good, I recommend it as the second book too because reading it a second time is more valuable than reading a different book […]
Category: Charts/Essays/Reports
Signs Inflation is Subsiding
Let’s talk commodities. We know inflation is high. Gas and food prices are front and center and are taking a bite out of most people’s disposable income. Below I’ll flip through many charts. First agriculture and ag-related. The building materials. Then precious metals. And finally energy. Then I’ll sum everything up. RJI is a commodities […]
Oil Will Tells Us When the Market Crash is Coming
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 […]
Thoughts on Housing
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 […]
Spectacular Round Trips are Everywhere
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 […]
Comparing Market Tops: The Dot Com vs The Financial Crisis vs Today
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. […]
Will China Lead the Next Leg of the Market’s Uptrend?
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 […]
The Top 25 NDX Stocks Will Tell Us Everything We Need to Know
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.
The Anatomy of Leaders and Laggards During the Year
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 Great Trading Environment – Here are Some of our Trades
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 […]