Today’s Chart of the Day was shared in a blog post by Tom Bruni of All Star Charts (@BruniCharting). It is a daily candlestick chart of the Uranium ETF, $URA, going back to 2016. In the blog post, Tom points out that $URA is in a clear downtrend, and it broke down from a critical […]
The Power of Cash and Inaction
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 […]
Taking a Look at Global Market Relationships
As Q1 2019 comes to a close, there is a lot of chatter about the S&P 500 topping and a looming recession sparked by a yield curve inversion. That’s great and all but there is plenty more to analyze out there than just one US based index. Investors have other important decisions to factor in, […]
Rotation Into Cybersecurity Accelerates
Tom Bruni, Technical Analyst at AllStarCharts, provided a ‘Chart of the Week’ on Monday discussing the relative strength and recent breakout in Cybersecurity stocks relative to the S&P 500. This really is a great chart provided by Tom. For investors who follow the market daily, the strength in Technology, and specifically Cybersecurity, Software and Cloud […]
