This is our ASC Research Q3 2021 Playbook.

With the current market environment giving us many mixed messages, what better time to dive in and see what's happening underneath the surface?

• Stocks (International & U.S.)
• U.S. Sectors & Industries
• Market Breadth & Sentiment
• Commodities
• Currencies
• Intermarket Analysis
• Crypto Currencies
• New Trade Ideas
• Overall Strategy

We've also made it really easy to navigate through this 242 page report by organizing the tabs for you. So be sure to open the PDF and use these tools to make your life easier.

Enjoy!
 

This is the video recording of our July 6, 2021 Monthly Charts Live Strategy Session

This week I popped into Yahoo Finance to chat with their Technical Analyst Jared Bilkre.

We discussed the potential bottom in Bitcoin earlier this week. If Bitcoin is above 30,000 then a long position makes sense. But if it doesn't, I think there's probably good support at zero. Who knows how low it can go from there. But I won't be in it, so it's not my problem.

With the Nasdaq100 Equally-weighted Index flirting with a breakout near 110 and the ARKK ETF near 130, these are the critical levels we're watching.

The Dow Jones Industrial Average, Dow Jones Transportation Average, Russell2000 Small-caps and Russell Micro-cap Indexes are all below overhead supply.

Messy for longer has been the pain trade and I think European Banks could be a big tell for the next direction of markets. We're watching that $20 level on $EUFN.

Click here to watch the video in full:

This is the video recording of the May 2021 Conference Call.

From the desk of Louis Sykes @haumicharts and Steve Strazza @sstrazza

The Crypto space just experienced its worst day since the height of the Covid crash.

Bitcoin was down over 30% on an intraday basis, while Ethereum was almost cut in half.

We see this recent action aligning Crypto with what's taking place throughout the market. Bulls have had a more challenging time in recent months, and risk assets are coming under increasing pressure. 

Speaking to this topic, here's what we outlined in a note earlier this week:

One more chart that I think is interesting is the Bitcoin / Gold ratio hitting it’s upside objective and reversing hard.

How many people are telling you to sell Bitcoin to buy Gold?

I don’t hear any at all….

If we’re below 36:1 in the ratio between Bitcoin and Gold, then we prefer Gold.

What do you want from me?

Do you want me to tell you that it's just all rainbows and butterflies?

Is that why you come here?

Or is it because you know I don't give a shit, and I'm just going to give it to you straight every time?

So here's the deal.

We had a heck of a run. That was one of the best 1-year returns of all time.

What more do you want?

Give it a rest. Let Year 2 play out and see if it's like all those others. So far it's exactly like them.

We've seen a ton of relative strength out of the Value areas of the market: Financials, Natural Resources, Industrials...

Those are the areas where we've wanted to be as money has rotated out of Growth.

But now our upside objectives are getting hit all over the place. We laid all that out 2 weeks ago in great detail.

From the desk of Louis Sykes @haumicharts and Steve Strazza @Sstrazza

Alt Season is still very much alive and well.

In February, we did a deep dive into the wide world of crypto assets outside of Bitcoin. This turned out to be quite timely as many of these "alt-coins" have booked significant gains in the time since.

It's no longer just Bitcoin, Ethereum, Litecoin, and some others. There are thousands of cryptocurrencies out there now!

As this new asset class continues to grow and blossom, we continue to pay close attention to the leadership within the Crypto complex.

We've been talking about this rotation out of Growth Stocks and into Value Stocks since last year. The trend here has been very strong.

We keep seeing this all over. Check this out for more.

Another chart that stood out this weekend was the number of new 52-week highs on the NYSE, which has much more exposure to value and much less growth.

Meanwhile, the Nasdaq, which is almost all Growth, isn't seeing these new highs at all.

No one wants them.

The DeFi Revolution is upon us, at least according to Jim Bianco. For many years, I've looked up to Jim and the work he's been doing at Bianco Research and, in fact, he's the one who first inspired me to rip through hundreds of charts during my live presentations in order to get my points across. It took me about a decade to realize it, but it was him who I got that from.

Fast forward to 2021, and the Macro Technician who I've always admired has turned into one of the leading voices of what's taking place in DeFi, or "Decentralized Finance". Who better to talk to about what's going on than Jim himself? Ethereum, Bitcoin, Dogecoin, Yield Farming, Metamask Wallets, Coinbase....the whole thing.

This is the video recording of our May 3, 2021 Monthly Charts Live Strategy Session

I've caught myself talking more and more about Cryptocurrencies since last Summer.

And there's a reason for that.

We like buying things that are going up in price, and selling (or not buying) the things going down.

That's really it.

You guys who have been around for a while remember me writing about, commenting and informing readers about Bitcoin back in 2016. I was talking about Crypto trading then even more than I am now. In fact, if you knew me back in 2014, I probably sent you some bitcoin as a gift. I was into doing that sort of thing back then.

BUT, in between 2018 and 2020 there wasn't really much to do in that space, so I stayed quiet and focused my efforts and attention elsewhere, like in Technology and Growth stocks for example.

More recently, we've been pounding the table about Bitcoin since last summer and then Ethereum more so throughout 2021.

But why?