KEY TAKEAWAYS * Investors are worried about a weakening economy and other headwinds. * Looking under the hood can reveal the strength or weakness of the overall stock market. * Investors are rotating out of technology stocks and into more defensive sectors. The US Consumer Confidence Index® came in much lower than expectations,... READ MORE
KEY TAKEAWAYS * Semiconductor stocks are waking up from a long slumber. * The StockCharts MarketCarpets tool can help identify the high performers. * Analyze each chart to identify trends and support or resistance levels. Disappointing guidance from Walmart (WMT) may have hurt the stock market on Thursday sending the broader indexes lower.... READ MORE
KEY TAKEAWAYS * Market breadth is improving in some stock market sectors. * Monitoring the Bullish Percent Index (BPI) can help you strategize your investments. * The broader stock market indexes are still bullish. On Wednesday, the Federal Reserve released minutes from its January 28–29 meeting. There weren't any surprises... READ MORE
KEY TAKEAWAYS * The stock market has been trading sideways for an extended period. * Tariffs, deregulation, inflation, and tax cuts are likely to occupy investors' minds for the next few years. * Monitor the charts of the broader stock market, inflation expectations, and industries that are likely to benefit from the... READ MORE
KEY TAKEAWAYS * Intel stock has seen strong upside movement for four consecutive days. * Intel's stock price is hitting its 200-day moving average resistance. * If INTC stock breaks above its 200-day moving average and its next resistance level, considering accumulating INTC shares in your portfolio. Intel's stock... READ MORE
KEY TAKEAWAYS * NVDA stock is staying within clear support and resistance levels. * NVDA's stock price is approaching a position of strength. * If NVDA's stock sees upside momentum, it may be time to accumulate positions. Do you remember when NVDA stock had a very high StockCharts Technical... READ MORE
KEY TAKEAWAYS * Hilton's strong quarterly earnings sent hotel stocks surging. * The StockCharts Technical Rank score indicates the hotel industry is technically strong. * If hotel stocks continue to trend higher, consider adding these stocks to your portfolio. When you think travel industry, airline and cruise line stocks are usually... READ MORE
KEY TAKEAWAYS * The S&P 500 sectors keep shuffling from one day to the next. * It's important to focus on the long-term trends in the S&P sectors by analyzing their respective using a unique indicator. * Identify a stock within a sector that is likely to... READ MORE
KEY TAKEAWAYS * Gold stocks have been rising, which has helped gold mining stocks. * This gold mining stock is close to its all-time high. * In this article, we will present an analysis of the monthly and daily charts. Gold stocks have risen, even after the Federal Reserve decided to keep interest... READ MORE
KEY TAKEAWAYS * The release of an efficient and cost-effective AI sent waves through the stock market. * After the initial reaction, Wall Street reassessed the situation and stocks like NVDA recovered. * The price action of the broader indexes suggests the bullish sentiment hasn't gone away. The week started with... READ MORE
KEY TAKEAWAYS * Investors should monitor the broader US stock market indexes and their performance relative to international markets. * The strength of the US dollar can help gauge the strength of the US economy. * If tariffs are imposed, specific sectors, such as Materials and Industrials, will feel more pain than others.... READ MORE
KEY TAKEAWAYS * Cisco Systems' stock has made substantial investments in AI, which has helped the stock rally higher. * CSCO's stock price has been making all-time highs recently and is worth monitoring. * Look for a pullback and reversal with strong momentum before entering a long position. When you... READ MORE
KEY TAKEAWAYS * Quantum computing stocks may be bouncing back. * Four stocks made it to the Top 10 SCTR Report in the mid-cap category. * Watch for quantum computing stocks to gain momentum and revisit their 52-week highs. Jensen Huang may have burst the quantum computing bubble when he said it would... READ MORE
KEY TAKEAWAYS * Broader stock market indexes are seeing a lot of choppy activity. * December CPI and bank earnings are on deck and could move the markets. * The interest rate-sensitive banking sector will be impacted by CPI and bank earnings. The December Producer Price Index (PPI) came in cooler than expected,... READ MORE
KEY TAKEAWAYS * Stock market indexes end the week lower on concerns of fewer rate cuts in 2025. * Treasury yields rose on strong jobs data. * Strong earnings from Delta Air Lines helped boost airline industry stocks. December non-farm payrolls data came in much hotter than expected. More jobs were added, the... READ MORE
KEY TAKEAWAYS * Strong Services PMI and more job openings puts inflation narrative back in focus. * Rising Treasury yields put pressure on large-cap tech stocks. * Energy and healthcare stocks saw the biggest gains in Tuesday's trading. What a difference a day makes! December ISM Services data suggests the service... READ MORE
KEY TAKEAWAYS * No Santa Claus Rally this year, but the stock market's optimistic price action on Friday lifted investors' moods. * Stocks like TSLA and NVDA had big gains while X, CVNA, and alcoholic beverages had big declines. * Treasury yields and the US dollar remain high, and oil... READ MORE
KEY TAKEAWAYS * The stock market's annual performance has been stellar, with the S&P gaining over 23%. * Take care to monitor the three S&P 500 stocks with the strongest technical rank in 2025. * Make use of scanning tools to help filter stocks that meet your... READ MORE
KEY TAKEAWAYS * As 2024 winds down, it's time to set some financial resolutions for 2025. * Always look at long term charts before making investment decisions. * Be flexible, organized, and disciplined when managing your investment portfolio. Are you ready to make 2025 a financially healthy year? The beginning of... READ MORE
KEY TAKEAWAYS * Quantum computing stocks have been rising since November. * Four quantum computing stocks were in the "Small-Cap, Top 10" category in the StockCharts Technical Rank (SCTR) report. * You can also gain exposure to quantum computing stocks by investing in the Defiance Quantum ETF. Qubits, quantum advantage, gate... READ MORE
KEY TAKEAWAYS * After a pullback, META's stock price could be ready for a reversal. * The uptrend is still on from a weekly perspective, but the daily chart shows the price is at a crossroads and could move in either direction. * If META's stock price is too... READ MORE
KEY TAKEAWAYS * The broader stock market indexes closed higher on Friday but lower for the week. * Market breadth continues to be weak despite Friday's rally. * More follow-through next week is required to confirm a reversal and the hope for a Santa Claus rally. A smart investor listens to... READ MORE
KEY TAKEAWAYS * The SPDR S&P 500 ETF (SPY) was flagged as a technically strong chart. * An analysis of the SPY chart shows the ETF is being indecisive. * Monitor the chart of SPY for indications of a decisive move in either direction. When running my StockCharts Technical Rank (SCTR)... READ MORE
KEY TAKEAWAYS * Broader stock market indexes got a bearish jolt on Wednesday. * Gold, silver, and cryptocurrencies joined the equity selloff. * Treasury yields and the US dollar jump higher. Uncertainty in the stock market makes it difficult to make investment decisions. When investors sell off stocks, everyone follows without giving it... READ MORE
KEY TAKEAWAYS * CSCO stock has pulled back to its 21-day exponential moving average and is poised for a reversal. * Monitor the stochastic indicator to confirm a reversal in CSCO's stock price. * If you enter a long position in CSCO, establish your stop loss and have the discipline to... READ MORE
KEY TAKEAWAYS * The S&P 500 and Nasdaq Composite are inching toward key support levels. * Gold prices have risen on news of China's central bank's decision to buy gold. * NVDA is under investigation for antitrust activities, and its stock price is declining. The Tuesday afternoon... READ MORE
KEY TAKEAWAYS * The broader stock market indexes continue to notch new record highs. * Risk appetite is strong as Bitcoin rises while Treasury yields and volatility retreat. * Earnings from Oracle, Adobe, Broadcom, and Costco may move the stock market next week. The first trading week in December started on a positive... READ MORE
KEY TAKEAWAYS * CSCO stock has been in a slow uptrend since August and is outperforming the Nasdaq Composite. * CSCO's stock price is at an all-time high and indicators suggest the stock can continue trending higher. * Look for a pullback and a bounce off its 21-day exponential moving average.... READ MORE
KEY TAKEAWAYS * The technology sector got a boost from Salesforce's stellar rise in stock price. * In lieu of purchasing shares of Salesforce stock, you could try trading options on the stock. * The call vertical spread is an optimal strategy to take advantage of Salesforce's growth. When... READ MORE
KEY TAKEAWAYS * The broader stock market indexes take a breather. The day before Thanksgiving, the stock market took a little breather. But the weekly performance was still impressive. The Dow Jones Industrial Average ($INDU) remains the broader index leader, rising 0.96% for the week. The S&P 500... READ MORE
KEY TAKEAWAYS * Stocks and bond prices rallied on Monday in response to President-elect Trump's pick for Treasury Secretary. * Gold and oil prices fell steeply as concerns of geopolitical risks ease. * Small and mid-cap stocks were the leaders in today's equity rally. It's a short... READ MORE
KEY TAKEAWAYS * Broader equity indexes ended the week on a positive note, with small- and mid-caps gaining momentum. * Gold regained its bullish momentum, and the US dollar surged. * Bitcoin skyrocketed and crossed the 10K level, but closed lower. The last full trading week before the Thanksgiving holiday has ended on... READ MORE
KEY TAKEAWAYS * Stock market indexes resumed their bullish trend. * Small- and mid-cap stocks rose the most showing strong upside movement. * Treasury yields rose higher on concerns of reinflation. The afternoon turnaround seems to be more the norm than the exception. Thursday's stock market action followed the trend. What... READ MORE
KEY TAKEAWAYS * Palantir stock sold off significantly on Monday and may be ripe for a turnaround. * The pullback in Palantir stock could be an opportunity to enter a long position. * The chart of Palantir's stock price indicates increased buying pressure, but more upside momentum is needed to enter... READ MORE
KEY TAKEAWAYS * Tech stocks, especially semiconductors, get hammered. * Treasury yields continue to rally higher in response to Fed comments and strong economy. * The US dollar rally confirms the strength of the US economy. "The economy is not sending any signals that we need to be in a hurry to... READ MORE
KEY TAKEAWAYS * Palantir stock's rise to the third place in the SCTR Report makes it a worthy candidate to add to your portfolio. * The price surge in Palantir stock after its stellar earnings report may just be the beginning of a bullish move. * Palantir is a stock that... READ MORE
KEY TAKEAWAYS * The broader US stock market indexes took a breather on Tuesday. * Mega-cap Mag 7 stocks are back in the limelight. * Investors are rotating into Technology and Communication Services sectors. The post-election euphoria may have taken a breather on Tuesday, as the US stock market indexes closed lower. The... READ MORE
KEY TAKEAWAYS * The broader stock market indexes hit milestone levels this week. * Monitoring volatility in bonds could be a leading indicator in market action shifts. * The US dollar can provide clues about future stock market action. Another packed week for the stock market has come to a close. The broader... READ MORE
KEY TAKEAWAYS * Small cap stocks were the biggest gainers in post-election Wednesday. * Financials was the top-performing sector in Wednesday's trading. * Cryptocurrencies, US dollar, and Treasury yields rose in anticipation of an inflationary environment. The risk-on sentiment has returned to the stock market. Stocks traded significantly higher ahead of... READ MORE
KEY TAKEAWAYS * Coinbase made it to the top of the Top Up Large Cap stocks SCTR Report on the day after the US elections. * The price surge in Coinbase stock could be the start of an upward move. * Trading options on COIN provide an alternative to buying COIN stock. Now... READ MORE