Mary Ellen McGonagle

Mary Ellen McGonagle


Mary Ellen is a professional investing consultant and president of MEM Investment Research. After starting her career on Wall Street, she spent years working under William O’Neill to identifying healthy stocks with potential to take off. Learn More 

Archived News

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MEM TV: Is it Time to Buy Bank Stocks?

MEM TV: Is it Time to Buy Bank Stocks?

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the sharp decline in Banks and whether they're ready to reverse higher. She also discusses broader market conditions while highlighting key pockets of strength and stocks showing promise. This video was originally broadcast on March...   READ MORE 

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Here's What the Markets are Telling Us - And It's Not All Bad

Here's What the Markets are Telling Us - And It's Not All Bad

It was another wild week for the markets, as turmoil amid the Banking industry spread to other areas. Oil prices slid to 1-year lows and Treasury yields skidded lower. Other commodities also fell, while global-facing Industrial companies took it on the chin. Overall, the price action highlighted investors' shift...   READ MORE 

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MEM TV: Cross Currents Driving Market Action

MEM TV: Cross Currents Driving Market Action

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen walks through the broader markets and sector rotation, before drilling down into the market dynamics that are driving earnings and analysts upgrades. She finishes out the show by highlighting some defensive names, gold stocks, and software companies to...   READ MORE 

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MEM TV: Negative News Reverses Uptrend

MEM TV: Negative News Reverses Uptrend

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews next areas of support for the downtrending markets while highlighting what to be on the lookout for in oversold Bank stocks. She also shares best practices for formulating a watch list in anticipation of a stronger period...   READ MORE 

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Many Stocks in This Industry Popped After Strong Earnings Results: This Similar Company Due to Report Next Week!

Many Stocks in This Industry Popped After Strong Earnings Results: This Similar Company Due to Report Next Week!

The markets closed the week on a strong note, with a rally that pushed the S&P 500 back above its 21-day moving average. With the relative strength index (RSI) now back in positive territory as well, the S&P 500 is back in an uptrend. The Nasdaq...   READ MORE 

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Market in New Uptrend After Late-Week Rally

Market in New Uptrend After Late-Week Rally

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the downtrend reversal in the markets and what areas came on the strongest last week. She also highlights best practices for putting new money to work. This video was originally broadcast on March 3, 2023. Click on...   READ MORE 

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MEM TV: Negative Momentum Amid Rising Rates

MEM TV: Negative Momentum Amid Rising Rates

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the markets' break below key support as inflation remains elevated. She also shares stocks from her watchlist that are trending higher amid a tough market. This video was originally broadcast on February 24, 2023. Click on...   READ MORE 

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Here's How to Build Your Watch List for the End of Q4 Earnings

Here's How to Build Your Watch List for the End of Q4 Earnings

Earnings season is close to ending, as over 80% of companies in the S&P 500 index have already reported their 4th quarter results. The largest percent gainers among stocks over the past four weeks have been those that reported strong earnings or where management guided growth estimates higher...   READ MORE 

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MEM TV: Markets Stuck Amid Fed Comments

MEM TV: Markets Stuck Amid Fed Comments

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares the key drivers of current price action, as well as what to be on the lookout for next week. She also shares the primary areas of support and resistance for the key market Indexes. The S&...   READ MORE 

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MEM TV: Clouds Descending Over the Market?

MEM TV: Clouds Descending Over the Market?

After a dicey week, are the clouds descending again? In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen covers some critical areas of support and resistance in the broader markets, before moving on to where the strength took shape and what drove the weakness this week. This...   READ MORE 

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Growth Stocks Roar Into the New Year: This FAANMG Stock Is Poised to Go Higher

Growth Stocks Roar Into the New Year: This FAANMG Stock Is Poised to Go Higher

The Nasdaq just booked its fifth consecutive weekly gain, which is the longest winning streak in over a year. The rally occurred amid strong earnings reports from some major tech companies. Also driving the Nasdaq higher is bottom-fishing among investors looking for quality software and retail stocks that were crushed...   READ MORE 

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MEM TV: Major Market Shift After Fed Comments

MEM TV: Major Market Shift After Fed Comments

In this episode of StockCharts TV'sThe MEM Edge, the markets closed above key resistance in the S&P 500, which Mary Ellen reviews along with its impact. She also highlights rotation taking shape and what's driving the moves. This video was originally broadcast on February...   READ MORE 

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MEM TV: Growth Stocks Push Market Above Resistance

MEM TV: Growth Stocks Push Market Above Resistance

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the outperformance in Growth stocks and which areas are poised to trade higher. She also highlights the key driver of these and other stocks which are on the move. This video was originally broadcast on January 27,...   READ MORE 

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MEM TV: S&P Regains Upside Momentum

MEM TV: S&P Regains Upside Momentum

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the bullish bias in the broader markets while highlighting which areas are in a position to trade higher. She also discusses what's driving stocks higher and what to be on the lookout for going into...   READ MORE 

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Stocks in This Area Are Running: Many Poised to Go the Distance

Stocks in This Area Are Running: Many Poised to Go the Distance

It was a solid week for the markets with the S&P 500 index ($SPX) advancing above its key 200-day moving average which was a major area of possible upside resistance. With a positive relative strength index (RSI) and stochastic oscillator, the markets are poised to advance further as...   READ MORE 

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MEM TV: Best Ways to Play Current Market Rally

MEM TV: Best Ways to Play Current Market Rally

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the sector rotation taking place amid bullish price action in the markets. She also shares areas of strength that are poised to trade higher. This video was originally broadcast on January 13, 2023. Click on the above...   READ MORE 

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MEM TV: Has a New Bear Market Begun?

MEM TV: Has a New Bear Market Begun?

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews some of the key events driving price action as we head into the New Year. She also highlights the impact of last week's rise in interest rates, as well as key areas of support for...   READ MORE 

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MEM TV: Market Outlook Into the New Year

MEM TV: Market Outlook Into the New Year

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews some of the key events driving price action as we head into the New Year. She also highlights the impact of last week's rise in interest rates, as well as key areas of support for...   READ MORE 

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The Markets Are Oversold : Will This Provide a Window For Santa?

The Markets Are Oversold : Will This Provide a Window For Santa?

Statistics show that December has the highest probability of a positive return over every other month of the year, and by a fair margin. Using data from 1926 to 2020, the odds of a positive return for U.S. large-cap stocks are 77.9%. However, the markets will have some...   READ MORE 

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MEM TV: S&P 500 Breaks Key Support!

MEM TV: S&P 500 Breaks Key Support!

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews where the next area of possible support is for the markets, as well as what to be on the lookout for going into next week's normally bullish period. She also highlights price action in Value...   READ MORE 

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MEM TV: Growth Falters, But These Areas Shine

MEM TV: Growth Falters, But These Areas Shine

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews key price action ahead of next week's pivotal period of key economic data and Fed Chair comments. She also highlights pockets of strength and why these areas will remain strong into next year. This video...   READ MORE 

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These Stocks Have Been the Stars of Q3 Earnings Season—Many Are Poised to Trade Much Higher

These Stocks Have Been the Stars of Q3 Earnings Season—Many Are Poised to Trade Much Higher

Most stocks in the S&P 500 Index have reported Q3 results and, while a lower-than-average number reported above estimates, many that had positive results have gone on to trade higher in moves that still have further upside during the current bear market rally. The biggest winners among these...   READ MORE 

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MEM TV: Stealth Moves Into These New Areas

MEM TV: Stealth Moves Into These New Areas

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews high yielding stocks that are on the move higher after reporting strong earnings reports. These dividend aristocrat stocks can buffer against current volatility. This video was originally broadcast on December 2, 2022. Click on the above image...   READ MORE 

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Black Friday Data Trickling In: Which Retailer Is Winning?

Black Friday Data Trickling In: Which Retailer Is Winning?

Many economists have been predicting a flat holiday sales season in the U.S. due to a weaker economy brought on by higher inflation. So far, however, the long Thanksgiving weekend has been more buoyant than expected. To begin, Black Friday sales broke $9 billion in sales, which is a...   READ MORE 

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Thanksgiving Week is Historically Positive. Will This Year Deliver a Blockbuster or a Turkey?

Thanksgiving Week is Historically Positive. Will This Year Deliver a Blockbuster or a Turkey?

The markets ended the week flat-to-down as investors digested remarks from Fed officials, who were intent on removing pivot hopes that followed soft CPI and PPI reports. Both inflation reports came in below expected, which was certainly encouraging. Mixed earnings reports from major retailers Walmart (WMT) and Target (TGT) also...   READ MORE 

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MEM TV: Earnings as the Driver

MEM TV: Earnings as the Driver

In this episode of StockCharts TV'sThe MEM Edge, after a review of current markets and headline news, Mary Ellen takes a look at the continuing theme of stocks being driven higher by positive earnings reports. She closes the show with some "Thanksgiving" food-related stocks, as Consumer...   READ MORE 

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MEM TV: Sharp Reversals and How to Capitalize

MEM TV: Sharp Reversals and How to Capitalize

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares why Tech stocks are on the move and ways to capitalize on the strength. She also reviews how to use intraday and daily charts to time your entry and exits. This video was originally broadcast on November...   READ MORE 

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Not All Boats Are Sinking With the Market's Tide: Check Out These Areas That Are Poised for Further Upside

Not All Boats Are Sinking With the Market's Tide: Check Out These Areas That Are Poised for Further Upside

It was a tough week for investors after Fed Chairman Jerome Powell put a halt to a two-week rally, which had been fueled by sharp gains in companies reporting Q3 earnings results ahead of lowered estimates. Going into this week, the S&P 500 Index ($SPX) had bullishly broken...   READ MORE 

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MEM TV: Should You Buy the Pullback?

MEM TV: Should You Buy the Pullback?

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews earnings winners that pulled back and the best way to trade them. She also highlights pockets of strength that continue to emerge despite a down market as well as the primary drivers of market price action. This...   READ MORE 

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MEM TV: How Much Higher Can We Go?

MEM TV: How Much Higher Can We Go?

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the primary drivers of this week's rally, as well as which sectors have moved into an uptrend. She then shares the next area of possible upside resistance. This video was originally broadcast on October 28,...   READ MORE 

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Breadth in the Markets Is Expanding: Can the Markets Withstand the Drop In Big Tech Names?

Breadth in the Markets Is Expanding: Can the Markets Withstand the Drop In Big Tech Names?

Today, we saw a large decline in mega-cap names Microsoft (MSFT) and Alphabet (GOOGL) after both companies reported earnings and sales that were well below estimates. Citing a strong dollar and high inflation, among other factors, both companies warned of slower growth going forward amid a tough environment. Adding to...   READ MORE 

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Three Reasons We're Headed Higher From Here

Three Reasons We're Headed Higher From Here

The markets posted an impressive rally this past week as a lack of inflation-related economic data had investors focused instead on quarterly earnings reports. While not all companies posted strong results -- think Tesla (TSLA) -- a majority came in with positive earnings surprises that were greeted with heavy buying...   READ MORE 

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MEM TV: Markets in Rally Mode

MEM TV: Markets in Rally Mode

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what's driving the markets higher and what to be on the lookout for next week. She also shared Group and Sector rotation taking shape. This video was originally broadcast on October 21, 2022. Click on...   READ MORE 

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MEM TV: How Much Lower Can the Markets Go?

MEM TV: How Much Lower Can the Markets Go?

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares the next area of possible support for the markets. She also reviews what's driving these markets lower and what we'll need to see to stem the losses. Lastly, she highlights areas of strength...   READ MORE 

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PepsiCo Inc. (PEP) Starts Earnings Season With a Bang

PepsiCo Inc. (PEP) Starts Earnings Season With a Bang

Earnings season for the 3rd quarter has begun, with PepsiCo (PEP) reporting earnings and sales results today that were above estimates, despite recognizing a $1.4B charge related to its withdrawal from Russian markets. Even more important for investors is the fact that management raised their guidance for organic revenue...   READ MORE 

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MEM TV Special: Characteristics of a New Bull Cycle

MEM TV Special: Characteristics of a New Bull Cycle

In this special presentation from StockCharts TV'sThe MEM Edge, Mary Ellen highlights the unique characteristics of a new bull market, along with the precise signals that alert you to when it's safe to invest for the long term. She also reviews ways to capitalize on bear...   READ MORE 

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Will The Markets Stage a Countertrend Bounce Next Week?

Will The Markets Stage a Countertrend Bounce Next Week?

It was another tough period for the markets, with the S&P 500 posting its 2nd consecutive week of a 4.7% decline.  Both weeks posted above-average volume as investors fled stocks amid signs that the Fed will continue to quickly raise rates, despite the real possibility of leading...   READ MORE 

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MEM TV: Is There Anywhere to Hide?

MEM TV: Is There Anywhere to Hide?

On this week's edition of StockCharts TV'sThe MEM Edge, Mary Ellen reviews areas that are withstanding the downtrend in the markets, as well as what's driving price action elsewhere. She also shares why the poorest performers this week may have further downside. This video...   READ MORE 

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MEM TV: Next Area of Support for the Markets

MEM TV: Next Area of Support for the Markets

On this week's edition of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what to be on the lookout for after the recent break below near-term support. She also highlights areas that are holding up against the selloff and why they may remain strong. This video was...   READ MORE 

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The S&P 500 Has Traded Back Above Key Resistance - Here's What To Do Next

The S&P 500 Has Traded Back Above Key Resistance - Here's What To Do Next

The markets ended the week with a strong rally that occurred despite hawkish comments from several Federal Reserve officials and Fed Chair Powell. Their comments increase the possibility that rates will be increased by 75 basis points at their next meeting later this month while also pointing to a prolonged...   READ MORE