Energy-related Commodities Lead, but Oil Looks Vulnerable It has been a rough ride for most commodities this year and especially over the last 100 trading days (since May). Of the twelve spot prices I track, nine are up and three are down. Precious metals, base metals, lumber and grains are all down. The energy complex … Read more
We are so excited that StockCharts.com is now offering you our ACP plugins, we had to write about it for today’s Daily, especially since you can read anywhere the thousands of differing opinions on what Powell said today and the implications for the market. Simply put, these indicators are the crux of our trading decisions. … Read more
In this edition of StockCharts TV‘s The Final Bar, guest Dave Landry of DaveLandry.com shares his own approach to what he calls the “Three Whens”- when to buy, when to sell, and when to sit on your hands! Meanwhile, host Dave Keller reviews charts of energy stocks and interest rates leading up to tomorrow’s Fed meeting. This … Read more
While the UAW strike continues, and the debate on how much it matters in the scheme of things rages on, other wage trends are emerging. Amazon (AZMN) today announced it will hire about 250,000 logistics personnel for the holiday season at a wage of $20.50 per hour. The Amazon chart shows a retracement to the … Read more
In this week’s edition of StockCharts TV‘s Halftime, Pete reviews the NVDA chart, which closed its nearest gap today. He then looks at the S&P 500 and the Nasdaq 100 charts, as well as home builder DR Horton and building products company Masco — both are breaking down on trend. In addition, he reviews the defensive sectors … Read more
In this week’s edition of The DecisionPoint Trading Room, Carl notes that the “Magnificent 7” stocks are looking “toppy”, with only a few exceptions. These leadership stocks could put downside pressure on an already weak market. Erin picks out the strongest of the sectors and the weakest during her thorough review of the sectors, before … Read more
While extending their move, Indian equities advanced higher and closed with yet another weekly gain. Four out of five days over the past week saw the markets ending with gains. In the previous technical note, it was mentioned that the undercurrents in the market remain strong and NIFTY can retest the previous high levels. While … Read more
RRG sending a clear message The Relative Rotation Graph above shows the rotation for the combined Size and Growth/Value segments in the market. And the message is pretty clear. First of all, there are NO tails inside the leading- and no tails inside the lagging quadrant. That suggests that a big rotation is underway. This … Read more
If your gut is telling you that something big is brewing in the markets, don’t ignore it. The relationship between interest rates and stocks is about to be tested, perhaps in a big way. Observe the tightening of the volatility bands (Bollinger Bands) around the New York Stock Exchange Advance Decline line (NYAD) and the … Read more
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen McGonagle shares her outlook for the markets heading into next week’s interest rate decision by the Federal Reserve. She also reviews why Technology was the weakest sector and what it means for the group. She then presents high-yielding names that can act as a buffer against … Read more
This past week had all the potential to see a revival of the great bull market of 2023. The September inflation data, Apple’s latest product announcements, and Arm’s IPO all seemed had the possibility to reignite the fire of bullishness for investors. By Friday’s close, however, the S&P 500 appeared to be limping into the weekend. Growth … Read more
In this edition of StockCharts TV‘s The Final Bar, Dave sits down with Ralph Acampora, CMT, co-founder of the CMT Association, for a memorable conversation on all things technical analysis. They review lessons learned from the October 2022 market low, words of wisdom for traders new to technical analysis, and what a long-term chart of the bond … Read more
Every week, I am invited on Business First AM with Angela Miles to discuss the market and give a stock pick. This week, I covered TEVA, a stock I have talked about a few times and one, full disclosure, we are positioned in. First, about the company: Teva Pharmaceuticals is an international pharmaceutical company headquartered … Read more
In this edition of StockCharts TV‘s The Final Bar, guest Julius de Kempenaer of RRG Research shows how his market visualizations still show stocks over bonds and offense over defense. Host David Keller, CMT highlights one industry sector breaking down due to higher crude oil prices. This video originally premiered on September 13, 2023. Watch on our dedicated Final … Read more
In this week’s edition of StockCharts TV‘s Halftime, Pete reviews 6 ETFs that are in different stages of trends. Two in the banking sector are in downtrends that are undeniable: KRE and KBE. This review ties in the recent commentary from Jamie Dimon, the CEO of JP Morgan. With that, Pete reviews the banking sector and the … Read more
SPX Monitoring Purposes: Short SPX on 9/1/23 at 4515.77; cover short 9/5/23 at 4496.83 = gain .43%. Gain since 12/20/22: 15.93%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Today’s trading tested the gap of 9/6 on lighter volume, suggesting the gap has resistance and the market could stall near current levels. Option expiration week, which is … Read more
In this edition of StockCharts TV‘s The Final Bar, David Cox, CFA CMT of Raymond James reviews underperformance for defensive sectors like Utilities and describes why commodities should be an area of focus for investors. Host David Keller, CMT reviews today’s drop in ORCL and AAPL as well as one value sector showing signs of emerging strength. … Read more
First of all, for those who are awaiting a new episode of Sector Spotlight, I have just arrived at the StockCharts.com office in Redmond, WA, and the airline did not allow me to record a video while in the air 😉 I am going to try to squeeze a fresh episode of SSL in this … Read more
On this week’s edition of Moxie Indicator Minutes, TG presents a perfect example of what it is like being in the Moxie trading room, and the benefits the subscribers get from my trading methodology. TG was able to point out that AAPL was most likely going to pullback, and then it did, hard. It turns … Read more
A project that I have been working on in recent years is Horizontal PnF Counting using Percent Scaling. The method has generated promising results. Here we look at two case studies that illustrate the techniques value. Using the ‘Percentage Chart Scaling’ Method in StockCharts.com Point & Figure charting platform produces a Log Scale PnF chart. … Read more
In uncertain times, selective investors will outperform the indexes. We’re entering such a market where external events and seasonal forces combine to increase uncertainty. Of course, much of the market’s insecurity can be placed at the Fed’s feet, considering the events which will take place on September 19 and 20 at the next FOMC meeting. Prior to … Read more
Every trader has preferred ways to find market opportunities and select tradable stocks. Among these methods, which exist in great numbers, are those that concern “seasonality” or market patterns that tend to repeat, according to the calendar. If you’re not entirely familiar with seasonality, it might not make much sense at first with regard to … Read more
“September is when leaves and stocks tend to fall; On Wall Street, it’s the worst month of all.”— Stock Trader’s Almanac. Why is September considered to be the worst month for stock market performance? There’s no right answer, but the general belief is that, because most people’s summer vacation ends and it’s back to school … Read more
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen McGonagle reviews the weakness in the broader markets while highlighting bright spots amid base breakouts. She also shares best ways to prepare your watch list and why the Dow Industrial Index outperformed. This video originally premiered September 8, 2023. Click on the above image to watch … Read more
There are fishhook structures forming in several indicators, and here is why we should be getting excited about that. A fishhook structure forms in a Price Oscillator or Summation Index chart when there is a brief reversal of trend that does not persist. It can happen in either direction, and this week’s lead chart of the … Read more
In this week’s edition of StockCharts TV‘s Halftime, Pete goes over the usual suspects in the markets. He presents a review of both the SPX and the NDX indexes, followed by a review of the US Dollar and a quick look at bonds using the TLT ETF. On the Chaikin system, he looks at the two oil … Read more
With Labor Day weekend behind us, it’s time to get back to the business of following the stock market. As the broader stock market indexes show signs of a September slowdown, crude oil is grabbing attention. And when crude oil prices rise, prices at the pump go higher. This isn’t great for your wallet. According … Read more
In this edition of StockCharts TV‘s The Final Bar, guest Ari Wald, CFA, CMT of Oppenheimer & Co. shows how energy stocks are taking a leadership role, with high beta sectors still outperforming low volatility defensive stocks. Host David Keller, CMT tracks the latest downswing and describes a potential A-B-C correction lower for the S&P 500 index. … Read more
Stocks surged in the second half of August with several ETFs breaking out of corrective patterns, such as falling flags or falling wedges. Even though September is a seasonally weak month, these breakouts are bullish until proven otherwise. Today’s commentary will analyze the breakout in the Technology SPDR (XLK). The Key to the Breakout in … Read more
The month of August has come to an end, and that means a focus on long-term trends, using monthly Relative Rotation Graphs in combination with the finalized price (bar-)charts for August, on this episode of StockCharts TV’s Sector Spotlight. Julius de Kempenaer assesses the rotations of asset classes as well as US sectors, combining the relative … Read more
I love the seasonality information that StockCharts.com provides. It’s important to keep in mind that seasonal tendencies are secondary indicators. I don’t buy and sell based on them, because the price/volume combination will always be my primary indicator. But if technical indications point to higher prices and seasonality supports this technical thought process, then my … Read more
Hello to all my StockCharts supporters! First of all, thank you for your readership of my Trading Places blog, which is now in its 8th year. Also, thanks to all of you that watch my Trading Places LIVE shows that air on Tuesdays, Wednesdays, and Thursdays at 9:00am ET. I really appreciate your loyalty and … Read more
The past five sessions of the week saw the Indian equities trading in a defined and narrower range. The first four sessions were seen leading the markets to a weekly loss but the strong trending session on Friday saw Nifty recouping its losses. As compared to the previous week, the index oscillated in a narrower … Read more
The dog days of August are mercifully over. And as Wall Street gets back to work, new trends are emerging which could influence what the stock market does for the rest of the year. Here are the macro crosscurrents to sort through: The Fed is on the bubble as some Fed governors want to pause … Read more
GoNoGo Charts help investors retain an objective evidence-based view on what is actually happening in the markets, and this week has shown the weight of the evidence on the side of the bulls. In this edition of the GoNoGo Charts show, Alex and Tyler examine the fade of US Dollar strength (UUP) and US Treasury … Read more
On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson walks you through a “bottom-up” stock-picking approach that he uses daily on StockCharts, which helps him find the strongest stocks and best technical setups out there in the market. Learn how to customize your scans for stocks making new 3-month, 6-month, 9-month, 52-week and all-time highs, … Read more
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews the new uptrend in the markets and shares where the current strength is, as well as the best ways for you to participate. She also highlights the move back into earnings winners from last month as the markets rebound. This video originally premiered September 1, … Read more
In this edition of StockCharts TV‘s The Final Bar, TG Watkins of Simpler Trading shows how breadth conditions are very similar to previous bull market pullbacks. Dave focuses in on constructive setups in gold and crude oil, then highlights one semiconductor stock featuring a symmetrical triangle pattern. This video originally premiered on August 31, 2023. Watch on our … Read more
With the Federal Government piling on debt at a record rate, many investors are looking to gold as a way to protect against all the bad things that could happen as a result of the reckless spending. Part of the process would be deciding how much of a portfolio should be invested in gold. The … Read more
In this edition of StockCharts TV‘s The Final Bar, Adrien Zduńczyk of TheBirbNest charts Bitcoin’s bounce off support at $25K and relates bullish Bitcoin trends to a broader risk appetite for investors. Host David Keller, CMT highlights the McClellan Oscillator breaking back above the crucial zero level and points out a rare candle pattern called the Evening … Read more
SPX Monitoring Purposes: Neutral. Gain since 12/20/22: 15.50% Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Yesterday, we said, “the light blue-shaded areas are when the 18-day averages for up down volume percent and advance/decline percent for GDX are above -10. When both indicators are above -10, GDX is in an uptrend. Currently, the 18-day average for … Read more
What if you had access to a forecasting tool capable of predicting the most likely path prices may take roughly in the next three months? The caveat here is that it can’t accurately pinpoint the peaks and troughs, but it can approximate them with relative accuracy. This is essentially what market cycle methods or indicators … Read more
In this special edition of StockCharts TV‘s The Final Bar, Danielle Shay of Simpler Trading breaks down the current short-covering rally and walks through her current setups for QQQ, NVDA, MSFT, and TSLA. Host Dave tracks the recent drop in interest rates and shows how Bitcoin has bounced off clear technical support levels. This video originally premiered … Read more
In this special edition of StockCharts TV‘s The Final Bar, guest host Mish Schneider (MarketGauge) steps in for Dave. Mish puts her own spin on the Market Recap, starting with the indices and exploring sectors using her “Economic Modern Family” analysis. Mish then sits down with Keith Schneider (MarketGauge) for an insightful interview. Keith discusses topics such … Read more
Bonds have had one of the worst years in modern times and one of the fastest rates of interest rate rises. The good news is the market has absorbed the bond’s performance. A better risk-on environment is when the SPY outperforms the long bonds. The same is true with junk bonds outperforming long bonds. Another indicator of risk-on. … Read more
I felt it only right to publicly acknowledge and thank William J. O’Neil for the lifestyle I enjoy today. He passed away in May at the age of 90, and I wanted to wait until now to explain how he changed my life. William O’Neil was one of my investment mentors, although I only had … Read more
In a week that has gone by, Indian equities continued to heavily consolidate. They defended key levels for most of the week; it was in the last two trading sessions that the markets came off from their high point while giving up all their weekly gains. The trading range got wider on the anticipated lines. … Read more
After all the drama over the preceding days, the takeaways from Mr. Powell’s Jackson Hole speech were ultimately pretty straightforward: Even though the Fed will be data-dependent on its future interest rate decisions, the data, until proven otherwise, says inflation remains a problem; And that means that there may be more rate hikes. Stocks got … Read more
In this special edition of StockCharts TV‘s The Final Bar, join Dave as he breaks down the power of ratio analysis and reveals why it’s an essential tool for every savvy investor. This video originally premiered on August 25, 2023. Watch on our dedicated Final Bar page on StockCharts TV, or click this link to watch on YouTube. New episodes of The Final … Read more
The market had a really stiff downside move that lasted three weeks, with a capitulation bounce finally happening last Friday. On this week’s edition of Moxie Indicator Minutes, TG explains why, at this point, he would assume the market needs to take time and figure out if it is at support or not. It’s too … Read more
In this edition of StockCharts TV‘s The Final Bar, guest Sean McLaughlin of All Star Charts shares best practices for trading options during periods of price consolidation. Host Dave highlights bearish engulfing patterns for the SPY and QQQ, as well as leading growth stocks like MSFT and META. This video originally premiered on August 24, 2023. Watch … Read more
On this week’s edition of Stock Talk with Joe Rabil, Joe answers a viewer question about entry signals. He gives a detailed example of what his favorite trigger signal is for entering a trade, then shows how MACD, ADX and trend analysis can help support this entry. Afterwards, Joe analyzes XLK, USO, URA and the … Read more
In this edition of StockCharts TV‘s The Final Bar, guest Callie Cox of eToro talks growth vs. value in the face of a rising interest rate environment, and why this is the most important “hurdle” for investors to watch. Dave focuses in on the technical picture for NVDA leading up to today’s earnings announcement, and highlights one … Read more
Over the course of our writing the Daily, it has served as a reliable and remarkable guide for investors, traders, and investments. For example, looking most recently on August 22nd, we wrote about watching the dollar decline and TLTs rising. That is happening. Earlier this week, we wrote about Biotechnology and the opportunity presenting itself … Read more
With BRICS happening ahead of Jackson Hole, we thought it would be good to look at the technical charts on both the dollar and the long bonds. The chart below shows that BRICS vs. G7 as a share of purchasing power has increased since 1995. With the number of countries looking to price goods in … Read more
In this week’s edition of The DecisionPoint Trading Room, Carl presents a thorough review of the markets, including Gold and Crude Oil. He also comments on the possibility that the housing market has hit rock bottom… though that’s not likely. Erin digs out two industry groups showing positive momentum. Only a handful of groups have … Read more
In this week’s edition of StockCharts TV‘s Halftime, Pete shares a review of the overall market, then digs into a setup in Tesla from April that resulted in a 50% move. The US Dollar is breaking out as rates move higher and, as a result, the 10-Year yield is moving lower. Oil just changed trend on a … Read more
It was ultimately a decent rally today on the SP500 with help from the tech heavy Nasdaq. Swenlin Trading Oscillators (STOs) are our primary short-term indicators. They have been in decline for all of the indexes, but we noted a few trying to turn up. The SPY saw a rise in the Swenlin Trading Oscillator … Read more
Stocks were hit hard in August with QQQ leading the way lower and breaking its July low. Stocks that did not break their July lows are holding up better and showing relative strength. These are the stocks I want on my WatchList for tradable pullbacks and short-term breakouts. AMAT is one such stock. The chart … Read more
The market’s worsening breadth and the lack of a robust bounce on 8/18/23, even as bond yields reversed course after their runaway freight train climb during the week, is worrisome. On the other hand, the market’s sentiment is souring rapidly, and oversold gauges are closing in on traditional bounce territory. Consider this: CBOE Put/Call Ratio hit … Read more
This is the fourth video in a multi-part educational series from Tyler Wood, CMT and Alex Cole, co-founders of GoNoGo Charts®. Trend-following investors lean heavily on money management practices that let winners run and cut losses short. This fourth video in the GoNoGo Charts® educational miniseries helps traders, analysts, and investors understand the interplay between … Read more
On Thursday, August 17th, I sat down with Maggie Lake and Real Vision. During the 36-minute interview, the overriding theme continues to be one of “Stagflation”. Here are the main points: Rates: We don’t really know yet the impact of the rapid rate rise. Inflation: Wave 3 is here. Wages are a part of that. … Read more
We first saw the mega-cap technology names rotate lower, with Apple (AAPL) and Microsoft (MSFT) breaking down after clear bearish divergences. We now have almost all of the “Magnificent Seven” growth stocks breaking down through their 50-day moving averages, joining about 55% of the S&P 500 members in doing so. Is this really the time to … Read more
Passive investing and closet indexers beware; the S&P 500 (SPY) signaled strong-form NoGo trend conditions on a daily basis this Thursday. However, in this edition of the GoNoGo Charts show, Alex and Tyler look at how this has signaled some opportunities for active managers who have a tactical process for capturing outperformance, as leadership rotates … Read more
ETF investors who are interested in gold have long been able to turn to products like GLD and IAU as ways to invest in gold. Those ETFs buy and sell gold as needed to back the shares of the ETFs, and the amount of their holdings vary with investor demand, which keeps the share price of … Read more
In this episode of StockCharts TV‘s The Final Bar, Dave recaps today’s market action including a mean reversion move higher for technology, with NVDA up over 7%. Dave also answers questions from The Final Bar Mailbag, including why the 50-day moving average can be so important and what levels to use when drawing trendlines. This video originally … Read more
In this episode of StockCharts TV’s Sector Spotlight, after an assessment of weekly rotations on Relative Rotation Graphs for US sectors, I address the shorter rotations this week, trying to find whether some of these daily rotations managed to get in sync with their weekly counterparts (spoiler alert: a few did exactly that). In the second … Read more
In this week’s edition of The DecisionPoint Trading Room, Carl opens the show with a review of a very high-yielding ETF he recently became aware of. The “Magnificent 7” stocks all show bearish biases; SPY is holding support, but indicators are still quite weak. Erin Swenlin presents a thorough review of the sectors, including a … Read more
In this week’s edition of StockCharts TV‘s Halftime, Pete reviews some retail names popping up on his screens. Before that, however, he reviews the US Dollar and other key assets classes, plus gives a refresher on the TLT and a 3-year look back on XLE, the top-performing sector in that time frame. The FANG+ index is stalling … Read more
In this episode of StockCharts TV‘s The Final Bar, David Keller, CMT tracks the market’s downside rotation as the S&P 4500 level once again serves as key resistance. He highlights semiconductor names, including NVDA and AVGO, that are breaking below their 50-day moving average, then digs into market sentiment indicators starting to rotate lower from extreme bullish … Read more
On this week’s edition of Stock Talk with Joe Rabil, Joe explains how he uses the A-B-C corrective pattern on the lower timeframe to improve entry. He first describes what we want on the higher timeframe, then shows examples of the A-B-C pattern and how to compare it to indicators like the MACD and ADX. … Read more
To Register for The Online Real Estate Investing Seminar Visit: ✅: https://bit.ly/401kgoldirarolloverListen to the worlds top real estate investing coach Marco Kozlowski. Visit his website here at: ✅: https://www.marcokozlowskimentor.com/ Subscribe to Marco Kozlowski’s podcast https://podcasts.apple.com/us/podcast/big-fat-real-estate-checks/id1532517616 Check out all the Marco Kozlowski reviews here https://marcokozlowski.com/reviews Whether you’re a beginner or seasoned investor, this video will guide … Read more
Bummed that you didn’t ride Apple’s rally? Now that the stock price has pulled back and is hovering around its 100-day simple moving average, you may have a second chance of picking it up at a lower price. But let’s say you think the stock price might fall slightly lower in the short term. CHART … Read more
In this episode of StockCharts TV‘s The Final Bar, guest Mish Schneider of MarketGauge talks higher rates and why China may deserve a second look for investors. Host David Keller, CMT highlights one key industry group feeling the pain as TSLA heads toward trend line support. This video originally premiered on August 10, 2023. Watch on our dedicated Final … Read more
If you are a really long-term investor, then you want to buy stocks when everyone is happy, and no one likes the stock market or the economy. And when everyone is elated, that is the time to eschew stocks and turn to other assets. This week’s chart looks at the DJIA/Gold Ratio going back a few … Read more
In this week’s edition of Trading Simplified, Dave takes a break from his series on Jesse Livermore to discuss his methodology in action. He revisits his core methodology by showing the ultimate goal of catching longer-term trends and how money and position management can occasionally make that possible. Then, using live examples, he shows how discretion … Read more
In this edition of the GoNoGo Charts show, as US equities take a well deserved break from their strong rallies, Alex and Tyler quantify what investors can expect from both a trend and momentum perspective across the daily, weekly, and hourly timeframes. This video originally premiered on August 10, 2023. Click this link to watch … Read more
This is the third video in a multi-part educational series from Tyler Wood, CMT and Alex Cole, co-founders of GoNoGo Charts®. Momentum is the next step for technical analysts after identifying trend. This video will help traders, analysts, and investors understand how momentum studies are calculated and what they seek to provide. Alex and Tyler … Read more
Many, in fact most, retail investors that were surveyed believe that the bonds have bottomed. Bill Ackman came out last week extremely bearish. Here’s the technical skinny. Last week, TLT had a classic reversal bottom on very oversold conditions. Although TLT still underperforms SPY (risk on) according to the Leadership indicator, TLT did gain traction. … Read more
SPX Monitoring Purposes: Long SPX 6/21/23 at 4365.69; sold 7/21/23 4536.34=gain 3.91%. Long SPX on 2/6/23 at 4110.98: Sold 6/16/23 at 4409.59 = gain of 7.26%. Gain since 12/20/22=17.68%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. SPY has an open gap near 454, which is close to the highs of August 2 and … Read more
In this episode of StockCharts TV‘s The Final Bar, David Keller, CMT tracks the initial selloff and subsequent recovery for the S&P 500 and Nasdaq, with bullish candle patterns popping up on charts like AAPL. He digs into market breadth indicators, which have signaled a likely rotation from accumulation phase to distribution phase for stocks. This video … Read more
Today, we’re continuing to look at the reset of the July 6-month calendar ranges in 4 of the Economic Modern Family Sectors. To remind you, the range is good until the next time it resets in January 2024. Beginning with Transportation (IYT), as of last Friday, it has begun to slip below the green horizontal … Read more
Looking at the Relative Rotation Graph for US sectors, the Materials sector pops up as potentially interesting while it is still inside the improving quadrant but just started heading towards leading. When you are interested in overweight-/underweight strategies or pair trades, an interesting sector to watch for off-sets is technology. After a strong rotation through … Read more
In this week’s edition of The DecisionPoint Trading Room, Carl opens by reviewing the “Magnificent 7+”, a.k.a. the mega-cap darlings plus Tesla (TSLA). He discusses Apple (AAPL)’s demise and later discusses possible support levels. The bias is bearish in all three timeframes, but these groups within Financials are seeing momentum and strength: Insurance. Erin, meanwhile, … Read more
And just like that, the tech stocks are now in full distribution mode. The bull market in stocks took a snooze to start the dog days of August, but that may be about to change, as a price trend transition with the potential for both profits and disappointments seems to be taking shape. I’ve been … Read more
Grayson announced a new service for the stock market from Larry Williams, called “Focus On Stocks” on this week’s StockCharts TV StockCharts in Focus. Larry’s Newsletter is now available for StockCharts Members. It contains exclusive insights into the market from one of history’s most famous traders. Subscribers will have access not only to Larry’s written … Read more
Dave analyses the Nasdaq’s downward pressure as the earnings of AAPL and other technology companies are missed. Answering viewer questions about On Balance Volumes, Chaikin money Flow and other technical analysis methods when considering LEAPS, he explains the concepts of Chaikin, Chaikin Money flow, and Technical Analysis Techniques. The original broadcast date of this video … Read more
Mary Ellen discusses the reasons for market declines in this StockCharts TV episode, The MEM Edge. She also reviews key areas of support to the overall market indexes. Mary Ellen also discusses areas of the market that are still positive, why they remain so and gives examples. The video was originally broadcast on August 4, … Read more
The pullback that TG had expected to occur late last week actually happened this week due to Fitch’s downgrade from AAA to AA+. Moxie Indicator minutes, this week, TG explains how that news just oiled the wheels for what he had been expecting because the market was already overbought. This video originally aired on August … Read more
It is a fact that yields will rise as bond prices fall. Pete, on the other hand, says that “the trends will tell you exactly what this event is.” Apple and Amazon are expected to release their earnings tonight. Mega-caps pulled back but have not reported yet. Pete examines the charts in this week’s StockCharts … Read more
Joe Rabil explains the MACD’s pinch play on this week’s StockTalk with Joe Rabil. The pattern provides us with a lot of information and is a good tool for identifying stocks which are likely to offer trading opportunities. Joe shows several examples to show how the pattern plays out on multiple timeframes. Joe analyzes the … Read more
One agency was not happy about the increase in the GDP on August 1, even though many were praising it (in part because 70% of GDP is consumer spending). Fitch did not like the high ratio of Government Debt to GDP, combined with high rates. Fitch sees this as an enormous strain on the economy. … Read more
Jay Woods of Freedom Capital Markets is the guest on this StockCharts TV episode, The Final Bar. He discusses downside targets for both the S&P 500 & Nasdaq 100 and also highlights a key sector that has upside potential. Dave also reveals an alarming sell signal coming from a key measure of the market’s breadth. … Read more
Consider renting out a space in your house or joining a ride-sharing company as a way to earn additional income. A similar strategy is to sell covered calls against stocks, exchange-traded fund (ETFs), or other assets that you already own. You can generate extra income by selling covered calls on your portfolio of stocks and … Read more
The market and the economy can be thankful for the increase in GDP. Consumer spending accounts for 70%, services (what consumers pay in assistance, help, or information) account for 45%, and government expenditures, around 19%. Retail, also known as Granny XRT, is a sector that should be closely monitored. In this current year, the ETF … Read more
This episode of StockCharts TV’s sector spotlight is the last of July. I examine the expected patterns of seasonality for August. Then, based on Relative Rotation graphs, I determine if the rotation of any particular sector matches the expectation. The video originally aired on July 31st, 2023. You can click anywhere on the Sector Spotlight … Read more
The weekend headline: “GM and Other Big Automakers form EV Charging Joint-Venture” Tesla (TSLA), the leader in electric vehicles, is one of the most important players. Tesla’s supercharger network has led to several automakers partnering with Tesla on their charging stations. For more EVs to be sold, there needs to be more charging stations at … Read more
Mary Ellen explains how to trade the stocks which have reported positive earnings and gapped upwards into a breakout. Mary Ellen also reveals which sectors are likely to move higher after the market resets following Thursday’s downward reversal. The video was originally broadcast on July 28, 2023. You can watch the video on StockCharts TV’s … Read more
The markets have finally taken a break after four consecutive weeks of closing in the green. This was expected. The previous technical weekly note mentioned the possibility of the current rally being temporarily stopped by the appearance of a Shooting Star. In a tight trading range, the markets traded largely on expected lines. The Nifty … Read more
Jesse Livermore describes Old Turkey as a regular in the trading room who remained calm when other traders sold during market booms. He would say, “it’s because it’s a market in which profits are not taken.” ” Simple as that. Stocks rise during bull markets. This may well be the worst bull market that I … Read more
This week, Dave presents Trading Simplicated in its latest edition. He shows the methodology at work, by presenting new charts, showing an older one and walking through a big win that has paid off two times. Then he continues the series on Jesse Livermore. He examines this week the difference between “paying” and “trying to … Read more
Grayson shares his 5 favorite ways of getting more out of StockCharts’ feature set. Grayson will show you the best way to start with scanning and how you can create custom charts with ChartStyles. He will also discuss ChartLists to explain the value of creating one. The video was originally broadcast on July 28, 2020. … Read more
Mary Ellen McGonagle, MEM Investment Research’s guest host in this StockCharts TV episode The Final Bar gives a market overview and evaluates the impact that rising interest rates could have on growth stocks. Mary Ellen McGonagle (MEM Investment Research) also discusses the impact of earnings reports from Meta Platforms, Ebay and Edwards Lifesciences. Mary Ellen … Read more
This edition of the GoNoGo charts shows Tyler and Alex look at the market from a top down, focusing on trends, volume and volatility. They begin by examining the main asset classes, macro-factors, such as the dollar, gold and oil. Then they move on to emerging markets equities. After analyzing the U.S. markets, which are … Read more
No surprise that the Fed increased interest rates. Stock market prices have already accounted for a rate increase of 25 basis points, which would bring rates up to 5.25%-5.50%. This is the highest Fed funds rate in 22 years. Can we expect to see more rate increases this year? Remember that the Fed held rates … Read more
Joe Rabil, (Rabil Stock research) is the special guest on this StockCharts TV episode The Final Bar. He dives deep into the market’s highs and lowers after the Fed’s announcement today. He then demonstrates the use of the ADX to find out the beginning and ending points for important trends. The original broadcast date of … Read more
Today, I asked ChatGPT which companies stored raw materials. Raw materials are essential for infrastructure investment. Geopolitical concerns cannot exist without oil and energy. Weather issues cannot be solved without a concern for supply and the supply chain. What can we do without material? These charts show copper through the COPX ETF and soft agricultural … Read more
Tom Bowley, the guest host of StockCharts TV’s The Final Bar discusses that, despite a small shift in sentiment towards bullish, there have been some rough times. Tom Bowley believes market manipulation by options expiration may be partly responsible for the current rough market patch. Tom focuses his attention on high-profile firms such as Microsoft … Read more
Pete examines the US Dollar’s relationship with the Emerging Market ETF, then looks at WTIC crude oil and the US Dollar. Pete reviews the chart of Mega-cap Growth/Megacap Value ratios and gives his quick view on the growth sector retreating, while value is taking over. Defensive versus offensive sectors also seem to tell a tale … Read more
This episode of StockCharts TV’s The Final Bar features a mailbag special edition. Questions include questions about trailing-stop techniques, MACD Histograms and Uranium Stocks. Also, there is a possible double-top formation for the S&P 500 Index. The original broadcast date of this video is July 24, 2023. You can watch the video on StockCharts TV’s … Read more
Cisco (CSCO), a leader in the industry, has shown leadership once again by breaking out of its classic continuation bullish pattern to reach a new record high. CSCO is forming the cup-and-handle chart, popularized by William O’Neil from IBD. It is an upward continuation, meaning the previous move was positive. CSCO has advanced from its … Read more
Just in time for next Fed rate hike, the market is headed by a new leader. Stocks of companies with tight product supplies are poised for a major move. Markets expect another rate increase of 25 basis points on July 26. There is no reason for me to disagree. What I am more interested in … Read more
Even though the market is very strong, even DIA has just broken out. We still have to be able to tell when the tickers are overbought. This week on Moxie IndicatorMinutes TG explains how you should be tuned into the natural ebbings and flows of the markets. Right now, things are cooling off a little. … Read more
Mary Ellen discusses the implications of Tesla’s (TSLA) and Netflix’s (NFLX), and what this could mean for next week and other mega-cap results. Mary Ellen also discusses new potential areas for leadership, and the reasons behind money flowing into these areas. The video was originally broadcast on July 21, 2023. You can watch the video … Read more
Home Construction Index has been moving in a “Go” direction since June, within an ascending trend channel. Today it corrected to its lower limit. Tyler Wood of CMT, CMT, talks about the principles of trend in this edition of the GoNoGo Charts program. He explains how GoNoGo Charts provide an objective, rules-based method for purchasing … Read more
Joe Rabil explains in this edition of stock talk with Joe Rabil his favourite entry by using multiple timeframes and price structures. He explains how MACD lines and Moving Averages can be used to confirm the sequence. The setup is then demonstrated using Amazon as an example. Joe analyzes the symbols requests received this week … Read more
StockCharts TV’s The Final Bar features guest Danielle Shay from Simpler Trading, who breaks down the Nasdaq’s bloodbath today and focuses on possible support levels for TSLA. MSFT. TSM. and AMD. David Keller of CMT, host highlights a Health Care stock that has exhibited a bullish divergence in momentum. The video originally aired on July … Read more
This week, Dave’s Trading Simplicified shows how his method works by adding mystery charts. He also shows that patience finally pays off. The series continues with Jesse Livermore. The video was first published in July 2023. You can watch the Trading Simplified show on YouTube by clicking anywhere on our Trading Simplified Logo above. This … Read more
Monitoring SPX Long SPX at 4365.69 on 6/21/23. SPX long on 2/6/23 @ 4110.98, sold 6/16/23 @ 4409.59 for a gain of 7.26 %. Monitor Purposes Gold: Long GDX at 40.78 on 9/10/20. This chart was updated from yesterday when we stated, “The weekly SPX/VIX is located in the second window from the bottom.” When … Read more
Many popular investing articles get gold wrong. The majority of articles suggest that buying gold mining shares is a good way to gain exposure to gold. They’re right in a way, but this advice could have led you down the wrong path over time. You can see for yourself. Chart 1: Comparison of GDX against … Read more
This episode of StockCharts TV’s The Final Bar features guest Nick Raich from The Earnings Scout, who focuses on a sector with a high earnings potential. David Keller of CMT, host, explores new highs for the S&P 500. With earnings season in full force, he also highlights key bank earnings. The original broadcast date of … Read more
This episode of StockCharts TV’s sector spotlight discusses the recent fall in the US Dollar and its impact on the US Stock Market. After the asset class segment, we will look at the current sector rotation. We’ll also see how the S&P 500 is seeing a growing number of strong stocks that are affecting the … Read more
The Daily will only be available for the week. The next Daily will be published on July 24th. Two key areas, which are both highly reliable for predicting the next move in the market, have been selected. We have charts for the Economic Modern Family, which includes Russell 2000, Retail and Transportation, Biotechs, Semiconductors as … Read more
Since a long time, the ARK Innovation Fund is in decline. I was so used to ARKK’s underperformance compared to the S&P 500, that when the trend changed last month I nearly did a double-take. We’ll talk about why this ETF is a perennial underperformer. How the top holdings in ARKK have fueled a dramatic … Read more
The yields on US bonds have dropped dramatically this week. The yield for the 2 year period is shown below. A double top is one of the most important chart characteristics. We want to know if a chart succeeds at the previous level that was once resistance. The 2-year clearly stopped and reversed. The pattern … Read more
Mary Ellen looks at the market’s closing after two inflation reports that were positive. Mary Ellen also shares with you the best areas of specific stocks and highlights what we should be looking out for heading into the earnings season. The video was originally broadcast on July 14, 2023. You can watch the video on … Read more
Dave responds to questions about technical analysis, market strategy and more in this episode of StockCharts TV’s The Final Bar. Dave shares his best tips on how to chart inflation rates and use the put/call rate for trend analysis. He also discusses Elliott Wave patterns corrective, technical indicator back-testing, as well as how to choose … Read more
TG notes in this week’s Moxie Indicator minutes that the market has been very active for 5 days, and is now taking a much-deserved rest. The market has acted in a similar way, though oppositely, as it did the previous week, when we experienced 5 days of declines. This market is in need of a … Read more
Learn how to open a Gold IRA by registering here: http://401kRolloverToGold.org We are pleased to present our guide on transferring an IRA to gold. This video will guide you through the steps of a Gold IRA rollover. It is intended to help you fully understand Gold IRA Rules so that you can make a well-informed … Read more
This edition of the Charts Show features Alex and Tyler discussing newly emerging “Go” Trends on a relative and absolute basis across many styles and sectors. This video was recorded originally on July 13,2023. To watch this video on YouTube, click the link . Get more information about GoNoGo ACP with the starter plug in … Read more
The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E of 20 (red line), a fairly valued P/E of 15 (blue line), or an undervalued P/E of 10 (green line). Annotations on the right side of … Read more
Spx Monitoring: long SPX at 4365.69 on 6/21/23. SPX long on 2/6/23 @ 4110.98: SOLD 6/16/23 @ 4409.59 = Gain of 7.26%. Monitor Purposes Gold:Long GGDX at 40.78 on 9/10/20. The weekly SPX is displayed in the bottom of the window. The SPX Weekly has minor retracements and the SPX/VIX has large retracements. It doesn’t … Read more
On this week’s edition of Stock Talk with Joe Rabil, Joe explains how to go about finding wholesale opportunities. He defines what that means by explaining the difference between Good Weakness and Bad Weakness. In addition, he goes through the 4 keys to each timeframe to help us figure out what timeframe is offering these … Read more
In this edition of the GoNoGo Charts show, Alex and Tyler take a top-down approach to analyzing the markets. As the temperature heats up, the duo look at the hottest assets, sectors and stocks. They finish by looking at multi-time frame analysis for Norwegian Cruise Lines (NCLH). This video was originally recorded on July 6, … Read more
Gold and silver prices fell on Thursday morning after the US ADP report showed the largest monthly increase since July 2022. The private sector added 497,000 in June, more than twice what economists had expected. At the time of writing, the DJIA plunged nearly 500 points, while gold and silver fell 0.38% and 1.93%, respectively. … Read more
It is still very early for us to declare that the double top is in, but there is a top two and this could well be it. The prior top for the long term was 2021. The technology bear market started in earnest then. Silver Cross Index wasn’t as high then as it is today. … Read more
Sometimes, it’s just that simple. The Economic Modern Family has had its share of rotation. By rotation this year, we mean that, while Semiconductors wowed, Regional Banks soured. We have looked to certain members of the Family to hold their lead and wait for the other members to catch up. Or, conversely, we have held … Read more
I consider the goal of the trend follower to be threefold: identify trends, follow those trends, and anticipate when those trends may be exhausted. Every day, every week, every month, I’m trying to do those three things in a consistent and repeatable fashion. That third piece is perhaps the most important. After all, it’s fairly … Read more
CNBC, among other media outlets, repeats the same phrase every quarter during earnings season. The earnings are expected to be low this quarter. Blah, blah, blah. After decades of research on technical, historical, and fundamental issues, I have concluded that Wall Street’s games are meant to confuse individual investors. Since the beginning of my tenure … Read more
I heard it claimed recently that, because the S&P 500’s daily Advance-Decline (A-D) Line is making a new all-time high, breadth is therefore strong and it is a positive sign for the stock market. But is that really true? It is indeed factual that the S&P 500’s daily A-D Line has made a new all-time high. But … Read more
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews pockets of strength amid last week’s pullback that signal investor’s bias heading into the second half of the year. She also shares key characteristics of successful base breakouts, as well as a rules-based sell system. This video originally premiered July 7, 2023. Click on the … Read more
In this episode of StockCharts TV‘s The Final Bar, Part 1 of a two-part special examining the Top Ten Stocks to Watch in July 2023, Dave covers #10-#6, including AAPL, FDX, and more. Stay tuned for Part 2 tomorrow, in which Grayson will follow up with #5-#1. This video was originally broadcast on July 3, 2023. Click … Read more
In this episode of StockCharts TV‘s The Final Bar, guest Mary Ann Bartels of Sanctuary Wealth reinforces the strength of long-term secular trends contrasted with short-term deterioration for growth stocks. Meanwhile, Dave highlights one of the FAANG stocks prominently displaying the dreaded bearish momentum divergence! This video was originally broadcast on July 6, 2023. Click on the … Read more
In this episode of StockCharts TV’s Sector Spotlight, I assess the monthly charts following the end of June. Bond-related asset classes remain vulnerable, while commodities are struggling to remain afloat. The stock/bond ratio is now sending a very clear signal. In US sectors, all eyes are on two sectors that ended June at their highest monthly … Read more
Three weeks before the Fed’s next meeting, investors who have missed the AI/tech rally have thrown caution to the wind. That urgency to catch up has led to an encouraging improvement in the market’s breadth and a marginal new high in the S&P 500 index ($SPX). The combination is likely setting the market up for … Read more
Have you noticed how every roadblock the bears use against the bulls just quietly goes away over time? I just chuckle. There have been SO many bullish signals over the past year, but pessimists/bears don’t give in easily and that’s actually good for the stock market as the non-believers help to fuel the market higher. … Read more
With last week’s strong economic stats and inflation basically flatlined, many believe there will be a soft landing and no recession. However, there are stats saying that, with the yield curve so inverted (most since 1983), recession can and probably will still happen. Recession can take time to emerge, with expectations that it won’t occur … Read more
After testing the prior top of 18887 multiple times during the last five sessions, the Indian equity markets finally attempted a long-awaited breakout by moving past this point and closing near the high point of the week. While the market breadth improved a bit, the volatility continued to remain near one of its lowest points. … Read more
Are you willing to be in charge over you retirement savings and ensure long-term financial security? Consider the investment options to transfer your 401k into the gold IRA. Through expanding the diversification of your retirement portfolio with gold it will protect you hard-earned money against market fluctuation and boost investment returns. A lot of investors … Read more
Exactly how long is this raging bull market driven by mega-cap growth stocks supposed to last? I was taught that, when price trends higher over time, there would often be brief countertrend pullbacks along the way. Apple (AAPL) has completely ignored that market truism and managed to ride this unrelenting ascent to above the definitely-not-frothy three trillion … Read more
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen highlights bullish characteristics exhibited during last week’s rally while also reviewing what drove price action. She also shares the anatomy of a downtrend reversal and how to buy stocks on a pullback. This video was originally broadcast on June 30, 2023. Click on the above image … Read more