Mary Ellen McGonagle

Mary Ellen McGonagle


After a stint on Wall Street, Mary became an analyst, working with clients that span the globe, including big names like Fidelity Asset Management, Morgan Stanley, Merrill Lynch, and Oppenheimer. Learn More 

Archived News

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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 

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MEM TV: Does This Rally Have Legs?

MEM TV: Does This Rally Have Legs?

On this week's edition of StockCharts TV'sThe MEM Edge, Mary Ellen reviews last week's rally, which pushed the markets above a key area of near-term resistance. She also shares stocks from the top-performing sectors that have positive charts, with a focus on base breakouts....   READ MORE 

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MEM TV: Negative Bias Remains Ahead of Holiday Weekend

MEM TV: Negative Bias Remains Ahead of Holiday Weekend

On this week's edition of StockCharts TV'sThe MEM Edge, Mary Ellen reviews where upside resistance is for the S&P 500, as well as why Growth stocks are getting hit the hardest. She also shares select inverse funds to buffer your holdings. This video was...   READ MORE 

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S&P 500 Has Broken Below Key Level - Here's What to Watch For Going Forward

S&P 500 Has Broken Below Key Level - Here's What to Watch For Going Forward

Fed Chair Powell's comments today that bringing down prices "is likely to require a sustained period of below-trend growth and an increase in unemployment" brought the markets to its knees. The remarks increased fears of a prolonged rate-hike cycle which, in turn, pushed stocks sharply lower....   READ MORE 

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MEM TV: Volatility Spikes As Markets Break Down

MEM TV: Volatility Spikes As Markets Break Down

On this week's edition of StockCharts TV'sThe MEM Edge, Mary Ellen shares a key level that was broken in the S&P 500, as well as what to be on the lookout for going forward. She also reviews stocks that are bucking the downtrend and...   READ MORE 

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MEM TV: Is It Time to Get Defensive?

MEM TV: Is It Time to Get Defensive?

In this special presentation courtesy of StockCharts TV'sThe MEM Edge, Mary Ellen reviews last week's stalling action in the broader markets, as well as the rotation into more defensive areas. She also highlights 2 key metrics to pay close attention to determine if it's...   READ MORE 

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Is the Bear Market Really Over?

Is the Bear Market Really Over?

Last week's rally in the Nasdaq marked a 21% rise from its June 16th closing low and, according to widely-followed criteria, this signals the end of its bear market status. The gains occurred following news of a slight easing of inflation in July and, if we continue to...   READ MORE 

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MEM TV: What's Driving the Biggest Market Movers?

MEM TV: What's Driving the Biggest Market Movers?

In this special presentation courtesy of StockCharts TV'sThe MEM Edge, Mary Ellen reviews why select stocks are trading higher than the markets. She also highlights the rotation into Small Caps and shares ways to capitalize. This video was originally broadcast on August 12, 2022. Click on the above...   READ MORE 

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Growth Stocks Continue To Gain -- Will Their Strength Continue?

Growth Stocks Continue To Gain -- Will Their Strength Continue?

The bull market in stocks carried on last week, despite warnings from several Federal Reserve governors that the central bank is nowhere near being done cracking down on inflation. Growth stocks, in particular, continued their run, with the tech-heavy Nasdaq posting a 14.4% rally over the past 5 weeks...   READ MORE 

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MEM TV: Risk-On Area Moving Higher!

MEM TV: Risk-On Area Moving Higher!

In this special presentation courtesy of StockCharts TV'sThe MEM Edge, Mary Ellen reviews areas of growth and explains why they remain in a leadership position. She also reveals a more risky area of the markets that are on the move higher, and discusses how to trade stocks after...   READ MORE 

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July Ends With a Bang as Rotation into New Areas Takes Shape

July Ends With a Bang as Rotation into New Areas Takes Shape

The S&P 500 recorded its strongest monthly gain since November 2020, rallying 9.1% during a volatile period that ended with a bang. Growth stocks outperformed, with Consumer Discretionary (XLY) and Technology (XLK) stocks leading the way. It was not a particularly easy period to navigate, however, as...   READ MORE 

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MEM TV: Base Breakouts and New Highs!

MEM TV: Base Breakouts and New Highs!

In this special presentation courtesy of StockCharts TV'sThe MEM Edge, Mary Ellen explains why the markets are poised to trade higher and how you can participate. She also shares the rotation into newer areas that have higher upside from here. This video was originally broadcast on July 29,...   READ MORE 

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MEM TV: The Key Traits of a True Market Bottom

MEM TV: The Key Traits of a True Market Bottom

In this special presentation courtesy of StockCharts TV'sThe MEM Edge, Mary Ellen shares a rules based system to help you identify when a new bull cycle has come in to play. This proven system, "A Follow-Through Day", has identified every market bottom going back over 100...   READ MORE 

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Markets End Week on High Note -- Here's Why They Could Stay There

Markets End Week on High Note -- Here's Why They Could Stay There

It was another volatile week amid mixed economic and corporate earnings reports, as investors continue to digest news in an effort to gain long-term insights into U.S. inflation and growth prospects. While the markets traded down for most of the week, the S&P 500 gapped up in...   READ MORE 

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MEM TV: Earnings Season Starts with a Bang

MEM TV: Earnings Season Starts with a Bang

On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the rally in QCOM and other Semiconductor stocks as select Technology stocks begin to firm up. She also shares insights into top stocks due to report earnings next week. This video was originally broadcast on July 15,...   READ MORE 

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MEM TV: Growth Stocks Explode Higher!

MEM TV: Growth Stocks Explode Higher!

On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reveals areas of growth that are on the move, as well as which groups have turned positive. She also shares best practices for building your watchlist so that you can take advantage of the new bull market. This...   READ MORE 

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These "Recession Stocks" Are On The Move

These "Recession Stocks" Are On The Move

It's been a tough year for the markets, with U.S. stocks posting their worst start to a year in over 50 years. The second half may bring additional woes, with investors increasingly on the lookout for a possible recession amid a slowdown in corporate and economic growth....   READ MORE 

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MEM TV: Growth Stocks Suffer Despite Declining Rates

MEM TV: Growth Stocks Suffer Despite Declining Rates

On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares why Growth stocks suffered despite interest rates declining. She also reviews where the strength is in the markets and the best way you can participate. This video was originally broadcast on July 1, 2022. Click on the...   READ MORE 

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MEM TV: Market Breadth Improves by 1,200%

MEM TV: Market Breadth Improves by 1,200%

On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares what drove the markets higher last week, highlighting a Friday shift in outperformance that may help drive the markets higher. She also reviews heavyweight, mega-cap stocks that are trending higher. This video was originally broadcast on June...   READ MORE