Look for the Big Bases | JC Parets, CMT | All Star Charts (05.05.21)

This week on the show we talk about bigger picture uptrends for stocks, but the short- to intermediate-term trends are messy. In fact, we're even shorting the Nasdaq $QQQ this week.

Value stocks continue to thrive as Financials and Materials are making new relative highs, while Crude Oil and Energy Stocks started catching a new bid last week. Which Energy Stocks do we buy? I share a few of the Oil & Gas E&P names that I like most.

The lesson of the day is recognizing big bases. "The Bigger The Base, The Higher In Space". That's how I learned it. Let's talk about why!

If you'd like the slides we discussed please email [email protected] Password: "Value Menu"


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