Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

Nasdaq-100 Stock Index / Technical Analysis

NDX is showing underlying weakness as the DJI and financials display perform/pair strength into late August. SPX rise shows increasing exhaustive characteristics as the RSI reaches our sell target. This week we continue to expect rotation undercurrents to support the US cycle this week.SPX dip and rally in line with strength into later this week where the cycle is expected to shift to weakness but the primary cycle window for a more negative period is near August 26 and then we face September seasonality. Markets are ripe for a correction given near term overbought readings.Short focus in RTY and NDX as pairs while layering out of the SPX and DJI long.

NDX is showing underlying weakness as the DJI and financials display perform/pair strength into late August. SPX rise shows increasing exhaustive characteristics as the RSI reaches our sell target. This week we continue to expect rotation undercurrents to support the US cycle this week.SPX dip and rally in line with strength into later this week where the cycle is expected to shift to weakness but the primary cycle window for a more negative period is near August 26 and then we face September seasonality. Markets are ripe for a correction given near term overbought readings.Short focus in RTY and NDX as pairs while layering out of the SPX and DJI long.

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Stocks Highlighted: WFC, COF, DFS, GS, JEF, RJF, LIN, ALB, AKZOY, OLN, CC, CDAY, RHI, MAN, TNET, ASGN, NSP, TBI, KELYA, BBSI, DHX, BGSF, AMN, and CCRN.Cyclical value areas are starting to play catch-up as interest rates show signs of bottoming -- all kickstarted by Friday's better-than-expected employment report. We see many actionable opportunities, particularly within the Financial and Materials Sectors, and also several retail stocks within Consumer Discretionary. As we noted last week, despite mixed signals from the market, there continues to be an absence of breakdowns at the index and Sector level which supports our overall constructive outlook.

Stocks Highlighted: WFC, COF, DFS, GS, JEF, RJF, LIN, ALB, AKZOY, OLN, CC, CDAY, RHI, MAN, TNET, ASGN, NSP, TBI, KELYA, BBSI, DHX, BGSF, AMN, and CCRN.Cyclical value areas are starting to play catch-up as interest rates show signs of bottoming -- all kickstarted by Friday's better-than-expected employment report. We see many actionable opportunities, particularly within the Financial and Materials Sectors, and also several retail stocks within Consumer Discretionary. As we noted last week, despite mixed signals from the market, there continues to be an absence of breakdowns at the index and Sector level which supports our overall constructive outlook.

Cyclical Value Areas Improving -- Add Exposure To Financials, Materials

Founder & CEO Bond Angle, LLC, Bond Angle, LLC

Vicki Bryan

Founder & CEO Bond Angle, LLC

Bond Angle, LLC

Insightful commentary and analysis on bond markets and market movers, including financial, economic, and industry catalysts and management shenanigans. 

High yield market investment research

Credit

<a href="https://www.smartkarma.com/entities/tesla-motors-inc" target="_blank" data-smartkarma-citation="entities:20279:1" rel="noopener">Tesla Motors (TSLA US)</a> wowed investors last week by beating market estimates with record revenue and it’s first ever legitimate profit generated mostly from its actual operations for the second quarter.Is this sustainable? Unclear. Tesla remained foggy about guidance and CEO Elon Musk warned that the critical chip shortage was a “serious problem” that could impair forward results. Musk also volunteered that Tesla’s pricey FSD option was not a “compelling value” until they “make it work” at some point, so he could justify its current $10,000 price or $199 monthly subscription.In the meantime, however, Tesla’s credit metrics are better than ever now that it’s operations prove they actually can make money.So Tesla may be planning a large bond deal to refinance its expensive 5.3% notes.

Tesla Motors (TSLA US) wowed investors last week by beating market estimates with record revenue and it’s first ever legitimate profit generated mostly from its actual operations for the second quarter.Is this sustainable? Unclear. Tesla remained foggy about guidance and CEO Elon Musk warned that the critical chip shortage was a “serious problem” that could impair forward results. Musk also volunteered that Tesla’s pricey FSD option was not a “compelling value” until they “make it work” at some point, so he could justify its current $10,000 price or $199 monthly subscription.In the meantime, however, Tesla’s credit metrics are better than ever now that it’s operations prove they actually can make money.So Tesla may be planning a large bond deal to refinance its expensive 5.3% notes.

Tesla's Car Business Finally Turned A Profit. Really. Time For A Big Bond Deal

Well defined flat range breakout points in the SPX and DJI call for an exhaustive push to register a minor new SPX high before the next pullback cycle. Trendline support at 4,370 is the risk inflection support.SPX daily RSI has room to push to the 70 sell zone that sets up a top. The intraday chart pattern shows breakout points at 4,370 and 4,420. Flat ranges typically break to the upside.SPX rise toward 4,430-50 at the top end of the range where risk to reward turns less favorable in August when seasonality bends to bearish.

Well defined flat range breakout points in the SPX and DJI call for an exhaustive push to register a minor new SPX high before the next pullback cycle. Trendline support at 4,370 is the risk inflection support.SPX daily RSI has room to push to the 70 sell zone that sets up a top. The intraday chart pattern shows breakout points at 4,370 and 4,420. Flat ranges typically break to the upside.SPX rise toward 4,430-50 at the top end of the range where risk to reward turns less favorable in August when seasonality bends to bearish.

SPX Flat Range Push and Risk Break Points

Advanced Micro Devices / Technical Analysis

The market continues to send mixed signals and we remain cautious and selective, preferring large-caps over small-caps, growth over value, and defensives (Utilities, Staples, REITs, Health Care) over cyclical value (Energy, Materials, Manufacturing, Transportation, Financials). While market dynamics suggest a 5-15% pullback is in the cards, there continues to be an absence of breakdowns at the index and Sector level; even the weaker Sectors such as Energy and Transportation are not yet breaking down. Until we start to see breakdowns at the Sector and index level, we remain constructive overall.

The market continues to send mixed signals and we remain cautious and selective, preferring large-caps over small-caps, growth over value, and defensives (Utilities, Staples, REITs, Health Care) over cyclical value (Energy, Materials, Manufacturing, Transportation, Financials). While market dynamics suggest a 5-15% pullback is in the cards, there continues to be an absence of breakdowns at the index and Sector level; even the weaker Sectors such as Energy and Transportation are not yet breaking down. Until we start to see breakdowns at the Sector and index level, we remain constructive overall.

U.S. Equity Strategy: Buying Semiconductors, Auto Dealers, and Asset Mgmt/Custody Banks

United States

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.

S&P 500 INDEX (SPX INDEX)

NDX Bend as SPX Rise Exhuasts

NDX underlying weakness amid DJI/financials strength into late August. SPX rise shows increasing exhaustive characteristics. The bull cycle is...

Thomas Schroeder

Cyclical Value Areas Improving -- Add Exposure To Financials, Materials

Cyclical value areas are starting to play catch-up as interest rates show signs of bottoming. We see many actionable opportunities, particularly...

Vermilion Research

Tesla's Car Business Finally Turned A Profit. Really. Time For A Big Bond Deal

What's next for Tesla bonds after it finally reports record revenue and (gasp) it's first ever legitimate profit could be big. Really big.

Vicki Bryan

SPX Flat Range Push and Risk Break Points

Well defined range breakout points in the SPX and DJI call for an exhaustive push to register a minor new SPX high before the next pullback cycle....

Thomas Schroeder

U.S. Equity Strategy: Buying Semiconductors, Auto Dealers, and Asset Mgmt/Custody Banks

Despite our overall cautious outlook, several areas are attractive and buyable, including: Semiconductors, Auto Dealers, and Asset Management...

Vermilion Research