The Sector Market Carpet provides a color-coded display of the last seven trading days for the S&P 500 sectors. It is mostlly red as all sectors are down. Stocks holding up the best are shown with green or white-ish squares. Three of the five gainers come from the energy sector.
Click this image for a live chart.
Despite skepticism, the S&P reached Frank's upside target of 6,555. Frank breaks down how we got here and what it means for ongoing market patterns.... READ MORE
This week, Joe breaks down the importance of focusing on Price and using indicators as supporting tools. He shows how the daily SPX chart has continued to make higher highs and higher lows, explaining that, as the ADX shows weakness, we need price to confirm this signal. Joe then covers... READ MORE
With Industrials now in consolidation mode, Mike highlights underperforming single-stock culprits and explains why the groundwork is in place for a late-year rally.... READ MORE
Despite skepticism, the S&P reached Frank's upside target of 6,555. Frank breaks down how we got here and what it means for ongoing market patterns.... READ MORE
With Industrials now in consolidation mode, Mike highlights underperforming single-stock culprits and explains why the groundwork is in place for a late-year rally.... READ MORE
Mike spotlights a bearish NVDA options setup using StockCharts' OptionsPlay Strategy Center, and explains what could stir fresh volatility.... READ MORE