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

VanEck Gold Miners ETF/USA / Technical Analysis

Gold shares (GDX ) met our 31 entry target and set to outperform gold and the SPX in December. Weekly MACD (and price) bull wedge building energy for an explosive rise in Q1 2020.GDX current set up mirrors that in 2015 ahead of the 2016 100%+ rise.Macro bull wedge case stands tall.Weakening sell volumes into this correction support a rally platform.USD still has some final touches but is top building.

Gold shares (GDX ) met our 31 entry target and set to outperform gold and the SPX in December. Weekly MACD (and price) bull wedge building energy for an explosive rise in Q1 2020.GDX current set up mirrors that in 2015 ahead of the 2016 100%+ rise.Macro bull wedge case stands tall.Weakening sell volumes into this correction support a rally platform.USD still has some final touches but is top building.

GDX to Perform in December Ahead of an Explosive 2022 Rise

Cross-Asset Strategist & Quantitative Analyst, Pennock Idea Hub

Cam Hui

Cross-Asset Strategist & Quantitative Analyst

Pennock Idea Hub

We are creators of independent equity research. The Pennock Idea Hub team are veterans of the investment industry. Much of our team has spent their careers at Merrill Lynch, Deutsche Bank, RBC Capital Markets and Wood Gundy. We have taken every aspect of research back to the studs and returned to first principles. The Pennock Idea Hub marries the interests of the sell and buy side. 

We offer the best research for institutional investors by:

-Only publishing research from veteran analysts
-Eliminate the inherent conflicts of the traditional sell and buy side relationship
-Ensure our team is always accessible; collaboration with clients nurtures our collective success

Cross-Asset & Quantitative Research

Energy Select Sector SPDR Fund / Technical Analysis

Energy stocks may be nearing a climax top while gold and gold stocks are showing bullish signals after several months of dismal performance. Traders should avoid energy exposure and buy gold and gold stocks for better potential performance.However, make no mistake, any gold rally should be treated as a tactical bull rather than a secular bull. The gold-to-CRB and cyclically sensitive copper-to-gold ratios are signaling a reflationary regime. Long-term investors should therefore seek exposure to cyclically sensitive base metal and other commodities over the shiny yellow metal for better returns.

Energy stocks may be nearing a climax top while gold and gold stocks are showing bullish signals after several months of dismal performance. Traders should avoid energy exposure and buy gold and gold stocks for better potential performance.However, make no mistake, any gold rally should be treated as a tactical bull rather than a secular bull. The gold-to-CRB and cyclically sensitive copper-to-gold ratios are signaling a reflationary regime. Long-term investors should therefore seek exposure to cyclically sensitive base metal and other commodities over the shiny yellow metal for better returns.

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.

Shanghai Shenzhen CSI 300 Inde / Technical Analysis

Global equities (MSCI ACWI, ACWI ex-US, and EAFE) remain bullish with their uptrends intact, and the MSCI Emerging Markets index continues to hold above major support at $52 on the EEM-US. Additionally, Europe’s STOXX 50 and Hong Kong’s Hang Seng are on the cusp of short-term breakouts, while the major indexes in China (Shanghai Composite &amp; CSI 300) are currently breaking above short-term resistance... see chart below. Considering the absence of breakdowns and the fact that market dynamics remain largely positive, our overall constructive outlook remains appropriate.

Global equities (MSCI ACWI, ACWI ex-US, and EAFE) remain bullish with their uptrends intact, and the MSCI Emerging Markets index continues to hold above major support at $52 on the EEM-US. Additionally, Europe’s STOXX 50 and Hong Kong’s Hang Seng are on the cusp of short-term breakouts, while the major indexes in China (Shanghai Composite &amp; CSI 300) are currently breaking above short-term resistance... see chart below. Considering the absence of breakdowns and the fact that market dynamics remain largely positive, our overall constructive outlook remains appropriate.

Chinese Indexes Headed Higher; Actionable Themes: Transportation, Materials, and Services

Cross Asset Strategy

Did anyone notice the upside breakouts in both gold and gold mining stocks? In the short term, gold may have to contend with overhead resistance at the site of its 200-day moving average (dma). While we are no gold bugs, the breakout could be a technical signal of an intermediate bullish phase for precious metals.We conclude that the upside breakout in gold is constructive for the precious metals complex. Moreover, we have laid out a scenario offered by Jurrien Timmer at Fidelity of how gold prices could go parabolic by 2023.In addition, the price action of the precious metals has important macro implications for other asset classes. In this environment, investors should focus on stocks that can continue to grow earnings in the current environment. This means companies that can pass on their rising input costs and cyclical sectors and industries that can benefit from strong sales growth.

Did anyone notice the upside breakouts in both gold and gold mining stocks? In the short term, gold may have to contend with overhead resistance at the site of its 200-day moving average (dma). While we are no gold bugs, the breakout could be a technical signal of an intermediate bullish phase for precious metals.We conclude that the upside breakout in gold is constructive for the precious metals complex. Moreover, we have laid out a scenario offered by Jurrien Timmer at Fidelity of how gold prices could go parabolic by 2023.In addition, the price action of the precious metals has important macro implications for other asset classes. In this environment, investors should focus on stocks that can continue to grow earnings in the current environment. This means companies that can pass on their rising input costs and cyclical sectors and industries that can benefit from strong sales growth.

Gold buy call at 1,680 that formed dual lows did clear the wedge resistance at 1,780. Upside momentum has improved but is now facing resistance at 1,860/72.Touted bull flag did clear 1,780 and did adhere to the expected rally sequence. Looking forward, we see risk of a rally stall on the back of a USD low and reduced risk appetite.A short term top zone is outlined as well as pullback targets and fresh buy support that must hold backswing support to provide fuel for a stronger rise to challenge 1,950.Gold shares (GDX) also show a five wave rise due to complete ahead of a corrective pullback sequence.

Gold buy call at 1,680 that formed dual lows did clear the wedge resistance at 1,780. Upside momentum has improved but is now facing resistance at 1,860/72.Touted bull flag did clear 1,780 and did adhere to the expected rally sequence. Looking forward, we see risk of a rally stall on the back of a USD low and reduced risk appetite.A short term top zone is outlined as well as pullback targets and fresh buy support that must hold backswing support to provide fuel for a stronger rise to challenge 1,950.Gold shares (GDX) also show a five wave rise due to complete ahead of a corrective pullback sequence.

United States

VanEck Gold Miners ETF is an exchange-traded fund incorporated in the USA. The ETF tracks the performance of the NYSE Arca Gold Miners Index. The ETF invests in materials stocks of all cap sizes across the globe. Its largest allocation is in North American companies, principally those domiciled in Canada. The ETF weights the holdings using a market capitalization methodology.

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VanEck Gold Miners ETF/USA (GDX US)

GDX to Perform in December Ahead of an Explosive 2022 Rise

Gold shares (GDX ) met our 31 entry target and set to outperform gold and the SPX in December. Weekly MACD (and price) bull wedge building energy...

Thomas Schroeder

Opportunities in Energy and Gold

Energy stocks may be nearing a climax top while gold and gold stocks are showing bullish signals after several months of dismal performance. Avoid...

Cam Hui

Chinese Indexes Headed Higher; Actionable Themes: Transportation, Materials, and Services

The evidence continues to suggest that value remains leadership and we recommend adding exposure to cyclical value on this minor pullback in the...

Vermilion Research

Interpreting the Gold Breakout

The upside breakout in gold is constructive for the precious metals complex. The price action of the precious metals has also important macro...

Cam Hui

Gold Breakout and Stall Resistance

Gold buy call at 1,680 that formed dual lows did clear the wedge resistance at 1,780. Upside momentum has improved but is now facing resistance at...

Thomas Schroeder

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