As Apple goes, so goes the Nasdaq 100 ETF (QQQ). Wall Street used to say the same thing about GM during its heyday. Apple surged to a new 52-week high and powered QQQ higher on Monday. The indicator window shows the Correlation Coefficient trading above .90 since mid August.
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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
Discover why SMCI stock's steady breakout, key support levels, and AI-driven upside could reward patient investors.... READ MORE
The chart of Meta Platforms, Inc. (META) has completed a roundtrip from the February high around $740 to the April low at $480 – and all the way back again. Over the last couple weeks, META has pulled back from its retest of all-time highs, leaving investors to wonder what may... READ MORE
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