Last week, the broader markets regained their uptrend, with the S&P 500 and Nasdaq Indexes both closing above their key 50-day moving averages on Tuesday. In addition, the RSI and Stochastics turned positive as well. This price action indicates that the 3-week pullback which began in late July... READ MORE
In this episode of StockCharts TV'sThe 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... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the strength in Tech-heavy Nasdaq and highlights what to be on the lookout for to signal a new uptrend. She also reviews positive high yield stocks for those more cautious on the markets. This video originally premiered... READ MORE
The market's August slump deepened this past week, with each of the major Indexes dropping more than 2% as Treasury yields hit a 15-year high. That said, today's price action could signal the start of a rally attempt, after the broader markets closed in the upper... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what's driving these markets lower, as well as key areas of support. She also shared best practices for putting your watchlist together so you can participate in the market's new uptrend. This video... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the downtrend taking place in the Nasdaq, as well as sharing what's driving weakness. She also highlights why the Dow is remaining positive as well as key Value stocks poised to trade higher. This video... READ MORE
According to the Stock Trader's Almanac, August has been the weakest month for the Dow and the second-worst month for the S&P 500 since 1987. (September is the worst month). This seasonal weakness, coupled with over exuberance among investors, has set the markets up for at... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what drove the markets lower, as well as key area of support for the broader market indices. She also shares areas that remain positive and why, and provides example stocks. This video originally premiered August 4, 2023.... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews how to trade stocks that have gapped up into a base breakout after reporting positive earnings results. She also shares which areas are poised to trade higher as the markets reset following Thursday's downside reversal.... READ MORE
In this episode of StockCharts TV'sThe Final Bar, guest host Mary Ellen McGonagle (MEM Investment Research) gives an insightful market recap and assesses the potential impact of rising interest rates on growth stocks. She also shares the effects of the earnings reports for Meta Platforms (META), Ebay (EBAY)... READ MORE
Last week, the number of companies reporting earnings expanded, with heavyweight names Tesla (TSLA) and Netflix (NFLX) getting the most attention. Both companies sold off sharply on Thursday despite beating estimates. The selling spread to other Nasdaq stocks after two heavyweight Semiconductor companies signaled continued weakness in the chip market.... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the impact of Tesla (TSLA) and Netflix (NFLX) earnings and how this may translate into next week, ahead of more mega-cap quarterly results. She also shares new areas of potential leadership and what drove money flows into... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews where the markets closed after two positive inflation reports. She also shares the strongest areas with specific stocks while highlighting what to be on the lookout for as we head into earnings season. This video originally premiered... READ MORE
The stock market pulled back last week amid news of mixed economic data, as well as the release of notes from the Federal Reserve's latest meeting. Thursday's report from ADP that corporate hiring surged in June was the most impactful report, as it sparked an uptick... READ MORE
In this episode of StockCharts TV'sThe 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... READ MORE
In this episode of StockCharts TV'sThe 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... READ MORE
The markets pulled back this week amid global recession fears that followed the Bank of England's interest rate hike. Most concerning to investors was that the ½% increase came on the heels of an elevated U.K. inflation report for May. Thoughts that the U.S. may get stuck... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares important levels to watch as the markets pull back amid interest rate hike fears. She also highlights how to tell if your stock is pulling back or poised for further downside. The move into Crypto is also... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the health of the broader market, while also highlighting breakout stocks among a new area and why they're trending higher. She also looks into the effects of the continued move into cyclical stocks. This video... READ MORE
The S&P 500 Equal Weighted Index is continuing to advance higher led today by gains in Aluminum, Steel, Industrials and Consumer Cyclicals. This is great news for the possibility of a continuation rally as broader participation beyond mega-cap FAANMG and select Technology names will help keep the current... READ MORE
The markets are seeing a continuation of last week's broadening out into areas beyond mega-cap FAANMG names. Most of the biggest gainers have been beaten-down stocks regaining their footing amid a move back into Cyclical areas of the market. The rally in these stocks began after last Friday&... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the continued rotation into Cyclicals while sharing stocks that are in the beginning stages of new uptrends. She also shares how to use intraday charts to trade fast-moving AI-related stocks. This video was originally broadcast on June... READ MORE
The equal-weighted S&P 500 index ($SPXEW) continues to advance above its key 50-day moving average, which it broke above following last Friday's broad-based rally in the markets. Friday's downtrend reversal took place after May's employment data delivered a positive report, with job... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what's pushing the markets above resistance and how you can capitalize. She also highlights this week's rally in Bank stocks and whether the group is in an uptrend. This video was originally broadcast... READ MORE
We're at a potentially exciting juncture in the markets, with bigger trend shifts shaping up that you might find surprising. With all the talk about sticky inflation, an uncertain interest rate outlook and recession fears amid tightening of bank lending, it's easy to throw your arms... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the broader market's move following the strong earnings report from Nvidia (NVDA) Wednesday afternoon. She also discusses which areas were most impacted and how you can capitalize on the renewed interest in AI. The rally... READ MORE
Shares of Nvidia (NVDA) soared today after the company reported earnings that were well above estimates. Most impressive, however, was the company's estimates for next quarter's revenues, which were more than 50% above what Wall Street projected. NVDA cited surging demand for its chips that help... READ MORE
The Consumer Staples sector closed below its key 50-day moving average yesterday and is on track to be the worst-performing area for the week. This underperformance began last week and took place along with other defensive areas of the market, such as Utilities and Healthcare. At first glance, it appeared... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews buying opportunities after last week's break of the markets above its six-week trading range. She also highlights leadership areas and the best ways to capitalize. This video was originally broadcast on May 19, 2023. Click... READ MORE
The markets remain in a tight trading range amid mixed inflation data and a slowdown in the number of earnings being reported last week. With the bulls looking for a soft landing as the Fed pauses their rate hike campaign, the bears are fearing a more harsh recession due to... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews ways to outperform during this tough market. In addition to sharing pockets of strength, she also highlights stocks in a position to trade higher after reporting strong earnings. Most importantly, she shares key resistance and support for... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the broader markets to determine where we may be headed over the near term. She also explores the bottom fishing taking place among former leaders that have sold off sharply but are now reporting strong earnings. This... READ MORE
The markets began last week with a sharp pullback that pushed the broader Indices toward key support, with many individual stocks breaking below support. The drop occurred amid renewed banking fears after Tuesday, when San Francisco-based First Republic Bank (FRC) reported a slump of more than $100 billion in deposits... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the short-, intermediate-, and long term outlook for the S&P 500 after last week's bullish late-week price action. She also examined the Dow's out-performance this month and which stocks are poised... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen highlights what areas are outperforming the markets and why. She also reviews top gaining stocks for the week and the best way to capitalize on further upside potential. This video was originally broadcast on April 21, 2023. Click... READ MORE
The stock market remains in an uptrend after modest gains for the week, which occurred amid signs that the economy is slowing down while inflation is cooling. It was a period marked by large intraday moves, however, as investors digested news that Fed officials are anticipating a mild recession later... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the market's price action and which sectors are outperforming as inflation fades and the economy weakens. She also shares the sharp impact that earnings are having on select stocks. This video was originally broadcast on... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the impact of weak economic data on the markets as defensive areas outperformed and growth stocks took a break. She also details how to identify a downtrend reversal amid sector rotation. This video was originally broadcast on... READ MORE
Last week, the S&P 500 put in a bottom following Wednesday's rally of 1.4% on volume, which was greater than the prior day. Known by followers of William O'Neil's work as a "follow-through day", the price action occurred on... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen highlights the new uptrend in the S&P 500 and which areas are now reversing downtrends. She also reviews themes taking place in already-strong Software stocks. This video was originally broadcast on March 31, 2023. Click on... READ MORE