The Homebuilders SPDR (XHB) finally broke above resistance with a surge the last few days. XHB was one of the laggards because it had yet to break its July high. This changed on Thursday as the ETF broke resistance with a gap and long white candlestick. Also notice that the price relative turned up.
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Relative Rotation Graphs or RRGs will help investors to keep an eye on relative trends that unfold within a universe. Among other things this will help to visualize sector rotation... READ MORE
The stock market may be setting records, but you deserve a breather this weekend. While you’re sipping your iced tea, take just a couple of minutes to explore the brand-new navigation menu on StockCharts.com. It’ll make your next charting session a breeze. What’s different (and better)... READ MORE
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Technology stocks cool before earnings, but the Nasdaq holds above a key moving average. See rotation, support, and key charts on StockCharts to stay ready.... READ MORE
The Technology sector continues to dominate, while Industrials are rotating out of the leading quadrant.... READ MORE