At The Chart Report we pride ourselves on covering the most robust trends in asset classes around the globe. However, something we don’t discuss too often is trendless markets, like the ones major US and World Equity Indices have been stuck in for over 16-months. This rangebound action is illustrated well by the MSCI All-Country […]
Steve Strazza
As a Co-Founder of the Chart Report, Steve Strazza brings a unique perspective to the world of Technical Analysis due to his diverse background. Steve found an affinity for financial markets during his first job out of college as a big-4 CPA auditing some of Wall Street's largest broker-dealers, such as Interactive Brokers and Morgan Stanley. Steve then worked in the Asset Management industry in a variety of roles including Controller for a private equity start-up, Fund Accountant at two large hedge funds, and most notably a personal Accountant for Steve Cohen at SAC Capital and Point72. Steve has spent recent years writing as an Independent Research Analyst while working on a variety of Fintech projects for companies such as the TradeXchange and Deloitte & Touche. He also continues to practice part-time at his father’s CPA firm. Naturally, Steve began his research career using the financial statement analysis skills he gained as an accountant. After learning the flaws of fundamental analysis first hand (through his research career as well as his experience auditing public company’s financials) he transitioned his investing and research style to focus primarily on price action. Steve holds an MBA from Fairfield University and is currently pursuing his CMT designation as a level 2 candidate.
The Rally in Restaurants
Last week Real Vision reached out to see if I could fill in last minute for an opening they had. I gratefully accepted as I was happy to take on the challenge of preparing a Trade Ideas thesis in less than 24 hours. I wondered if people cancel their interviews during volatile environments like the […]
Chart of the Week: Mid-Cap Meltdown
Large-caps have been outperforming their small and mid-cap peers for some time now. But with the US dollar ($DXY) pressing on the upper end of its multi-year range and investors fretting over multi-national company exposure to trade-related risks, many are calling for more domestically focused small/mid-sized stocks to start showing some strength relative to the […]
Is this the Top for Tech?
Two renowned Technicians made television appearances last week and warned about the bearish signals they were observing in the Technology Sector. After just a few trading days they’ve been proven right as the Technology SPDR ETF, $XLK is down almost 4% in the past three sessions. This call is no longer immediately actionable due to […]
Chart of the Week: My Favorite World Equity Market ETF
Last week’s selling pressure hit all around the globe as only two countries on our watchlist of over 50 international ETFs were positive. Nigeria ($NGE +0.67%) and Denmark ($EDEN +0.32%) posted gains while New Zealand ($ENZL -0.10%) rounded out the top three, about flat on the week. Here’s the top 10. I like to look […]
