Independent Sell Side Equity Research Analyst, ChartSmarter

Douglas Busch

Independent Sell Side Equity Research Analyst

ChartSmarter

ChartSmarter is a service dedicated to the art of technical analysis.

On a daily basis we write up actionable ideas on a specific, major S&P sector on both the long and short side, in an easy yet thorough way. In the notes we give precise entries and exits, while looking to capture the "meat" of a trend.

Technical Analysis.

Technical Analysis

Gold is a chemical element with the symbol Au (from Latin: aurum) and the atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements, and is solid under standard conditions. The metal therefore occurs often in free elemental (native) form, as nuggets or grains, in rocks, in veins and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides).

<ul>
<li>Gold MONTHLY chart records back-to-back bearish shooting stars in April and May.</li>
<li>Steel stocks possibly bottoming on incessant tariff talks creating opportunity.</li>
<li>Silver looks technically better than gold and likely to outshine precious metal into year-end.</li>
</ul>


Gold MONTHLY chart records back-to-back bearish shooting stars in April and May.
Steel stocks possibly bottoming on incessant tariff talks creating opportunity.
Silver looks technically better than gold and likely to outshine precious metal into year-end.


Gold Feels Heavy. Uptrend Intact but Better Cost Basis in near Term

The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities and serves as the foundation for a wide range of investment products. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.

<ul>
<li>S&amp;P 5700 year end target remains intact after MONTHLY breakout. </li>
<li>Copper and silver rally to resume with dollar potentially falling.</li>
<li>Semis continue to lead tech and look for software to join.</li>
</ul>


S&amp;P 5700 year end target remains intact after MONTHLY breakout. 
Copper and silver rally to resume with dollar potentially falling.
Semis continue to lead tech and look for software to join.


KraneShares CSI China Internet ETF / Technical Analysis

KraneShares CSI China Internet Fund is an exchange-traded fund incorporated in the USA. The fund tracks the CSI Overseas China Internet Index. It invests in a universe of publicly traded China-based companies whose primary business is in the Internet and Internet-related sectors. It attempts to offer exposure to companies that benefit from increasing consumption by China's growing middle class.

KraneShares CSI China Internet ETF (KWEB US)

<ul>
<li>China momentum continues with KWEB breaking out above WEEKLY double-bottom base</li>
<li>Stocks REPORTING this week that look technically sound include PDD BZ and EH</li>
<li>In-Depth look at individual leaders in Tencent Holdings, Futu Holdings, and Sony Group</li>
</ul>


China momentum continues with KWEB breaking out above WEEKLY double-bottom base
Stocks REPORTING this week that look technically sound include PDD BZ and EH
In-Depth look at individual leaders in Tencent Holdings, Futu Holdings, and Sony Group


JD.com Inc is an online direct sales company in China.  The Company offers a wide selection of products through its website and mobile applications.  JD.com sells appliances, computers, digital products, communication products, garments, books, and household items to consumers and vendors.

<ul>
<li>Spanning the globe for current best-in-breed auto players shows diverging action.</li>
<li>New pair suggestion: Long Tesla/Short Rivian. Bottom could be in on TSLA</li>
<li>Updated JD.com general status from last week's China/Japan Note encouraging.</li>
</ul>


Spanning the globe for current best-in-breed auto players shows diverging action.
New pair suggestion: Long Tesla/Short Rivian. Bottom could be in on TSLA
Updated JD.com general status from last week's China/Japan Note encouraging.


Silver is the metallic element with the atomic number 47. Its symbol is Ag, from the Latin argentum, derived from the Greek ὰργὀς (literally "shiny" or "white"), and ultimately from a Proto-Indo-European language root reconstructed as *h₂erǵ-, "grey" or "shining". A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc refining.

<ul>
<li>S&amp;P 500 looks vulnerable. Maintain large cash positions for forseeable future.</li>
<li>US Dollar bull flagging and may put pressure on equities in near term.</li>
<li>Nikkei at inflection point. Bulls must stand up here to defend.</li>
</ul>


S&amp;P 500 looks vulnerable. Maintain large cash positions for forseeable future.
US Dollar bull flagging and may put pressure on equities in near term.
Nikkei at inflection point. Bulls must stand up here to defend.


ChartSmarter
Technical Analysis.

Gold Feels Heavy. Uptrend Intact but Better Cost Basis in near Term

Gold and Silver are likely to resume uptrends in the second half and with strength in other areas of materials the group is poised for a year-end...

Douglas Busch

Commodity Comeback

S&P 5700 year-end target remains intact after breakout, copper and silver rally expected as dollar falls, semis leading tech with software to follow.

Douglas Busch

Red Dragon Awakening

Focusing on Chinese names that have already been leading, and these are the ones most likely to continue to do so going forward. Very specific...

Douglas Busch

International Automobile Analysis

China markets showing excellent resilience and could be a good sign for the global economy. Automobile plays that may benefit.

Douglas Busch

Silver Measured Move to 35.50

Gold looks a bit fatigued and silver likely to play catch up. Greenback could present headwinds for equities. Japan reverses big gains in 2024.

Douglas Busch

Gold Feels Heavy. Uptrend Intact but Better Cost Basis in near Term

​Gold and Silver are likely to resume uptrends in the second half and with strength in other areas of materials the group is poised for a year-end...

Douglas Busch

Commodity Comeback

​S&P 5700 year-end target remains intact after breakout, copper and silver rally expected as dollar falls, semis leading tech with software to follow.

Douglas Busch

Red Dragon Awakening

Focusing on Chinese names that have already been leading, and these are the ones most likely to continue to do so going forward. Very specific...

Douglas Busch

International Automobile Analysis

China markets showing excellent resilience and could be a good sign for the global economy. Automobile plays that may benefit.

Douglas Busch

Silver Measured Move to 35.50

Gold looks a bit fatigued and silver likely to play catch up. Greenback could present headwinds for equities. Japan reverses big gains in 2024.

Douglas Busch

Gold and Silver are likely to resume uptrends in the second half and with strength in other areas of materials the group is poised for a year-end...

S&P 5700 year-end target remains intact after breakout, copper and silver rally expected as dollar falls, semis leading tech with software to follow.