All Star Charts

As we make our way through the second half of 2017 we have a lot going on here at All Star Charts. It's been almost 2 years now since our major transition after the original launch in 2010. I am happy to say we entered our 7th year this past March. The idea for the website first came up in 2010 with the intention on being a technical analysis blog to share ideas about what I'm seeing around the market. This small blog quickly turned into 10s of thousands of unique visitors, invites to come and talk about my charts on TV, quotes in news publications all over the world and speaking engagements including some of the top financial conferences in the country and institutions like Duke, Harvard, University of Chicago, NYU and Hong Kong Baptist University. Since the start of All Star Charts, I've been fortunate to have my work featured regularly on Bloomberg, ABC, Wall Street Journal, CNBC, Fox Business, Yahoo Finance, Barron's, CNN and Canada's Business News Network. In 2012 I founded Eagle Bay Capital with the goal of managing money through one portfolio in a limited partnership. In addition, after several years of requests from all over the world, we launched the All Star Charts Research Platform in September of 2014 to provide technical analysis commentary across all asset classes to investors worldwide. This new venture was more successful than we ever imagined. A little bit over a year later, instead of continuing to outsource our back-end, we rolled out a major expansion in the research platform directly through Allstarcharts.com itself. This is what you see here today. We also just launched All Star Charts EDU in June, which is an Educational section of the site dedicated to helping users grow their knowledge of technical analysis. In August, we announced the All Star Charts Podcast on TechnicalAnalysisRadio.com - I encourage you to go check out the first group of interviews. Although we do touch on process and approach to markets, these are conversations about the current market environment filled with actionable ideas. Stay tuned for more announcements coming soon, including All Star Charts India! A little bit about me - I grew up in Miami, FL and I'm a big sports fan. When I'm not looking through charts, I'm probably either cooking and eating or watching a game. Many times it's a combination of the all of them. I'm not really a golfer. I've only met Carl Icahn once and his advice was, "If you shoot over 90 you have no business on a golf course. If you shoot under 90 you have no business! So I'm more of a skier these days and a little bit of boxing lately. Growing up from Cuban born parents in Miami, needless to say, I played a lot of baseball. I was even fortunate to be able to pitch a little at the NCAA Division 1 level. I graduated from Fairfield University with a degree in Finance and immediately started paying my dues. After growing up in Miami, I spent 15 years total in New York City and the surrounding areas. I lived in Fairfield, CT and Hoboken, NJ until ultimately moving into Manhattan in 2006. Currently, I am living in beautiful Sonoma Valley, CA. It's wine country here and pretty incredible weather all year around. I'm a quick drive to Lake Tahoe or down to Monterey. I've been here since September 2015 trying to focus 100% of my attention on growing the Allstarcharts into something really special. Prior to moving here I was spending a lot of time running around New York City between meetings, live TV appearances and constant night time events. From a business perspective, it made little sense to continue to live that lifestyle. First of all no one watches TV anymore and second, I still have just as many meetings today over the phone or via skype. And sure I miss my friends. But I left Miami when I was 18, so I've done this before. Right now I'm 100% focused on growing what I've built so far into something really incredible. I think we're on our way! But it this didn't happen overnight. The whole technical analysis thing first started for me back in 2005 when I realized that I didn't know anything about the stock market. What scared me even more was that there were people sitting around me at work that were twice my age, and in some cases 3 times my age, that swore up and down that they had a handle on the market. I guess I was just lucky at the time to be aware enough to realize that these guys didn't know anything and were doing themselves and their clients a disservice. Yogi Berra once said, "When you come to the fork in the road, take it!". For me this fork was essentially fundamental or technical analysis. Do I want to study for the CFA and learn about companies? Or do I want to study for the CMT and learn about the stocks and the market? It seemed like an easy choice at the time but little did I know how important that decision would eventually become and how much it would impact life. Half way through John Murphy's Technical Analysis of Financial Markets I thought I was the next Paul Tudor Jones. I was day trading options based on MACD crossovers throwing back sandwiches from Fiore's in Hoboken, NJ two at a time. Best Roast Beef / Fresh Mozzarella you ever had. (Thursdays & Saturdays only). Anyway, the point is that I had a lot to learn. There was some good news and that was that I didn't have much money at the time. So how much could I really lose? Veterans in this business will tell you that the money you lose trading early on in your voyage is your tuition. You don't learn this stuff in school. You have to go out and figure it out on your own. That costs time and money. This is your tuition. I truly believe this to be the case and would tell that to anyone new to trading and investing in publicly traded and liquid markets. Fast forward to 2008 and I have now finished reading the curriculum for all 3 levels of the CMT program as suggested by the Market Technicians Association. It didn't matter that I passed all 3 levels, I already thought that I knew everything there was to know about the market. Well, wrong again. I needed a few bull and bear market cycles to really wrap my head around the fact that I don't know anything at all.