Weekly ChartStorm - The 2022 Top: www.chartstorm.info/p/weekly-cha... Special Edition: surveying the signs and signals from the 2022 market peak -- a retrospective look at market cycle analysis principles...

Chart of the Week - US Small Caps This chart provides a unique angle on *both* the Biggest Risk & Opportunity in US markets right now... Full story + further charts: entrylevel.topdowncharts.com/p/chart-of-t...

Bond Buyers Strike = Gold Bull Market? A key driver of the current bull market in gold is basically a sort of buyers strike on treasuries. Partly due to geopolitics (risk of asset freeze) and partly due to fiscal largesse (surging debt/deficit), and a bit of political/policy risk in the USA. Mor

Chart: AUDUSD Next Steps Considering the overlooked upside case for the Aussie dollar... Brief note: australia.topdowncharts.com/p/chart-audu...

Gold ETF Assets reach Record High Market movements have obviously been a significant contributor, but we're also seeing increased net inflows into gold funds... Blow-off top incoming? 😱 or new phase of Bull Market? 🤑

So, a few things: -the growth in big tech/AI -the rise of intangible assets -and changing index composition Means maybe the signal is not really all that comparable to dot-com... But regardless: it ain't cheap. (and many other indicators also say (extreme) expensive)

Global Equity Valuations The Great Catch-Up ...? All corners of the world are cheap and turning up after long slumber -- and there's a long way to go if they catch even half-way up to the USA. From: entrylevel.topdowncharts.com/p/chart-of-t...

The stocks vs gold ratio is rolling over This could well be the start of a major multi-year move... But there's a few ways this could happen -- as discussed here: gold.topdowncharts.com/p/goldnugget...

Chart of the Week: Changing Seasons The seasons are changing, but in ways you might not expect --and this is a good opportunity to think deeper on seasonality + strategy... Read more (free): entrylevel.topdowncharts.com/p/chart-of-t...

Friendly reminder... 👀

While the Fed remains on hold, around the rest of the World we have seen a big shift to Rate Cuts. It's no coincidence that Global ex-US equities are surging on the back of these monetary tailwinds. More on this issue: entrylevel.topdowncharts.com/p/chart-of-t...

Reserves Reverse A key force behind the global gold bull market has been central banks reserves diversification, as this chart shows More notes on the gold bull: gold.topdowncharts.com/p/goldnugget...

Here's a question... 🧐 When will we see a tech-induced productivity surge in the black line? After-all if AI is set to eliminate jobs, optimize processes, and do all the things -- then arguably that should drive costs down & profit margins up… For now it seems like it's just the "shovel makers" c

Gold vs Major Assets See if you can spot the odd one out… 🤔

The rubber band is stretching... We maybe on the cusp of a new cyclical bull market in Commodities. Gold signals + bigger picture thoughts: entrylevel.topdowncharts.com/p/chart-of-t...

I know what you're thinking -- this is actually fine and easily explained away by historically High Profit Margins. And profit margins are high, they're at a cyclical + structural high. But a Question for you though: what if profit margins fall?

Time for Commodities to play catch-up? Gold has been leading the charge here -- driven by strong monetary tailwinds, geopolitics, and big flows. But don't sleep on the rest of commodities... Here's why: entrylevel.topdowncharts.com/p/chart-of-t...

Gold looks expensive... BUT Three things: 1. technicals are strong 2. monetary tailwinds are significant >> (so it can get more expensive) 3. "gold-value drivers" are still cheap Read more on this issue (including details behind these indicators) --here: gold.topdowncharts.com/p/goldnugget...

A few things... 1. the stockmarket is not the economy 2. price leads fundamentals 3, price moves faster than fundamentals Macro is interesting and fun and important, but if I had to pick I would take Valuations + Technicals over macro data (as a multi-asset strategist).

Gold is breaking out 👀 But there are a few things to keep in mind. What you need to know: gold.topdowncharts.com/p/goldnugget...

There's a tale being told in this chart...

The Relative Value Trinity... -Small vs Large -Value vs Growth -Rest of World vs USA There are some major multi-year opportunities (and risks?) hiding here in plain sight -- Smart asset allocators take note: entrylevel.topdowncharts.com/p/chart-of-t...

Here's the thing about bubbles... Bulls get excited because nothing stops the train. Bears get excited because the bubble will burst. (meanwhile us pragmatists just keep on being pragmatic and focusing on balancing: staying with the trend vs working on portfolio strategy & signals to manage risk)

Weekly Insights - Edition 226 entrylevel.topdowncharts.com/p/weekly-ins... This week: global markets update, defensives tactical outlook, property risk check, REITS in review, Japanese equities, US Small Caps, global banking stocks...

Australian Market Valuation Book - August 2025 australia.topdowncharts.com/p/australian... The pack features exclusive, innovative, and insightful indicators to provide Clarity and Decision support to Australian investors +those who allocate-to or are interested in understanding this market.

Investor Allocations to crypto ETFs (Bitcoin + Ethereum) peaked at a record high and have now rolled over... (this is a classic contrarian bearish signal) Time to focus on risk management. Chart from: entrylevel.topdowncharts.com/p/chart-of-t...

Gold Market Chartbook - August 2025 Click through to access the latest Monthly Pack -- over 70 charts on gold, silver, precious metals, and miners + asset allocation issues. Download the pack: gold.topdowncharts.com/p/gold-marke...

This chart explains a lot...

It takes a Record High 94 hours of work for the average working American to buy 1 oz of Gold. What does this tell you?? #devaluation #debasement

Gold is Expensive Commodities are Cheap It's time to start thinking about (and preparing for) a great rotation between gold and the rest of commodities. Read more on this setup (free): entrylevel.topdowncharts.com/p/chart-of-t...

Stocks & Gold are both Expensive 🧐 And there's a good reason... These two asset classes have been riding similar waves over the past few years; hinting that the Liquidity/Debasement trade is the dominant force here.

Weekly Macro/Multi-Asset report -US housing market -REITs in review -Japanese stocks -US Small Caps -Global banking stocks Read it here: www.topdowncharts.pro/p/weekly-mac...

🚨 ALERT: the Aug 2025 Gold Market Chartbook will be issued shortly, join the distribution list to receive a copy! 💡 Sign up here: gold.topdowncharts.com/s/the-monthl...

People always say when you point out extreme expensive valuations for US equities that it's basically fine and normal and OK because earnings/growth is so strong. and that is true (for tech (and only tech)) ...but here's a weird question: what if the real bubble is actually in the earnings?

Emerging market equities are undervalued, underowned, and underestimated —and it seems investors don’t understand what’s already underway here… Flagged this breakout a while ago, and the original comments still stand [don't ignore this!] entrylevel.topdowncharts.com/p/chart-of-t...

'tis the Season for Gold! September has historically been the second best month of the year for gold (in terms of average price gain and probability of gains) Will a seasonal surge shake gold out of the range-trade? Thoughts + charts: gold.topdowncharts.com/p/goldnugget...

US Electricity Demand: #Breakout -follows a decade+ of stagnation -AI and hard-tech driving revival --also EVs & energy transition -best guess = it goes higher (...when Kardashev Type 1 🤔)

US Tech Stock Valuations -most expensive outside of the dot com bubble -widest gap between tech vs non tech since 2000 -extreme overconfidence on display here From: entrylevel.topdowncharts.com/p/chart-of-t...

Gold Investors take note... China has been a major force in the current gold bull market, but a key pillar of that has been the rally in CGBs. There are big shifts going on right now in Chinese markets, and this could mean rotation: gold.topdowncharts.com/p/goldnugget...

Chart of the Week - Global Equities We've got a technical breakout, monetary tailwinds, and cheap valuations -- what more do you want? Full story (free to read): entrylevel.topdowncharts.com/p/chart-of-t...

Emerging Markets... emerging. Thoughts + next steps and catalysts: entrylevel.topdowncharts.com/p/chart-of-t...

Gold Bulls take note... Big Bulls often feature Long Waits We're 5-months into the current consolidation, the last big bull saw 3 major periods of consolidation lasting 12-18 months. Perspective. from: gold.topdowncharts.com/p/goldnugget...

The Best vs The Worst of Global Equities a decade+ relative bear market has lead to some major shifts and pressures building up under the surface Looking Forward: >> The Best? --now looks the worst. >>> The Worst? --now looks very good... Read more: entrylevel.topdowncharts.com/p/chart-of-t...

Higher for longer Gold prices have helped light a rocket under Gold Mining stocks Textbook picture of technical strength here (higher highs/lows, index above upward-sloping 200-dma, breadth running strong). More gold charts: gold.topdowncharts.com/p/goldnugget...

Global Gold Price Index "I recommend keeping a close eye on gold in the coming weeks because while it could just keep ranging, a breakout (either way) is going to set the tone for the rest of the year and into next year too for that matter…" Read more: gold.topdowncharts.com/p/goldnugget...

Weekly Insights - Edition 225 entrylevel.topdowncharts.com/p/weekly-ins... This week: global markets update, 10-year treasury yield outlook, global growth/inflation pulse, Commodities, China macro, Chinese stocks, emerging markets...

Weekly Macro/Multi-Asset report: -global growth/inflation outlook -commodities asset class view -China macro (may surprise you) -new Chinese bull market -EM equities update Very important shifts underway that investors and asset allocators MUST be across -- read the report:

Chart of the Week - The Best vs Worst The Best stocks Now Look the Worst, and the worst look the best -- here's a look at why and what to watch for on the Bullish vs Bearish pathways from here... Full Story (free to read): entrylevel.topdowncharts.com/p/chart-of-t...

Industrial Metals 👀 Breakout = growth reacceleration + inflation resurgence Breakdown = recession and deflation Probably the most important chart to keep tabs on in this macro-moment: gold.topdowncharts.com/p/goldnugget...

#Inflation Resurgence Risk 🚨 📈 -agri commodity upside -tariffs and cost pressures -global monetary easing All against a backdrop of still tight labor market capacity + elevated inflation expectations... Add: fiscal stimulus, fiat devaluation, and an otherwise resilient economy... = Inflation Inc