In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what drove the markets higher last week. She also shares what needs to take place in order for a sustained uptrend to materialize. Last up, she presents a review of the weaker areas as defensive stocks pull... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the new uptrend in the markets and the areas that are best positioned to benefit. She also highlights how to use different timeframe charts to tell if a stock will continue to trend higher after gapping up... READ MORE
The U.S. economy grew at a 4.9% annualized rate in the third quarter that was fueled mainly by consumer spending as Americans poured their disposable income into vacations, dining out and online shopping. The pace of growth was the fastest since late 2021 and was made possible by... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews last week's negative price action in the markets while sharing key areas of possible support for the Nasdaq and S&P 500. She also highlights the relative strength in defensive areas of the market... READ MORE
The markets started the week on a strong note with a rally, which was boosted by the release of dovish remarks from the Federal Reserve's last meeting. A stronger-than-expected CPI report sparked an increase in interest rates, however, which pushed the markets lower. The selling picked up on... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares where the market stands, after last week's price action had select areas far outpacing the markets while others were weak. She also reviews the start of earnings season following reports from several high profile companies.... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the bullish bias that's shaping up in the markets as high-growth areas begin to turn positive. She also provides insights into what's driving this price action, as well as what to be on... READ MORE
The S&P 500 posted its worst month so far this year, with a 4.9% decline that's pushed the year-to-date returns for this benchmark index almost in half. With elevated interest rates that may be with us for a while, investors have pushed stocks lower, in... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews areas of the market that are bucking the downtrend pressure elsewhere, as those often go on to provide leadership once the markets turn. She also shares how to use ETFs to uncover rotation taking place beneath the... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what drove the previous week's sharp pullback and what we'll need to see before the markets can turn positive again. She also highlights recession-proof stocks that are currently attractive as well as high... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen McGonagle shares her outlook for the markets heading into next week's interest rate decision by the Federal Reserve. She also reviews why Technology was the weakest sector and what it means for the group. She then... READ MORE
Shares of British chip designer Arm (ARM) surged in price after its stock market debut on Thursday - closing up 25% from its IPO price. The gains put the company's valuation at more than $64 billion, making it the biggest new offering in 2 years. Arm's... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen McGonagle reviews the weakness in the broader markets while highlighting bright spots amid base breakouts. She also shares best ways to prepare your watch list and why the Dow Industrial Index outperformed. This video originally premiered September 8,... READ MORE
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