Yesterday, in my Daily Market Report to members, I pointed out three of the Dow Jones component stocks that were showing leadership, or in Apple's (AAPL) case, a return to leadership. While it isn't very apparent on AAPL's own price relative chart vs. its... READ MORE
We now have 2 years under our belt at EarningsBeats.com with respect to our flagship Model Portfolio and the results have been stunning - quite honestly better than I could have ever predicted or imagined. We had to suffer through a 20%+ drawdown in Q4 2018 (trade war), just... READ MORE
Since we announced our latest portfolio "draft" selections, one Model Portfolio stock - Tesla (TSLA) - has been flying. Even after some recent profit-taking, TSLA was higher by 25.6% from our November 19th selection to Thursday's close. Out of our 10 equal-weighted stocks in our... READ MORE
I developed my Pandemic Index several months ago to track the progress of the 10 worst performing industry groups during the onset of COVID-19. It's an equal-weighted index of those 10 industries and I track it using StockCharts.com's User-Defined Index tool. Here's how... READ MORE
We prepared a list of the 20 best stocks to own in December and sent it to our EarningsBeats.com members one week ago. The TOP-RATED stock on our list was Western Digital (WDC), which has advanced in 70% of Decembers this century and has produced an average return of... READ MORE
I always credit John Murphy for all of my work regarding intermarket relationships. He's inspired me in a number of ways and I continue to look for relationships that can better increase my odds of calling the stock market correctly. The great thing about these relationships is that... READ MORE
This has been the quarter for short squeezes. It's been crazy. The beauty from the long side is that once these stocks make breakouts, the pressure builds on short sellers to cover their positions. Unfortunately, many have the same emotional connection to their bearish bets that many long... READ MORE
Global markets are rallying as more and more analysts look beyond the devastation caused by the 100-year pandemic and see a very bright economic outlook. Pent up demand, combined with historically-low interest rates will likely prove to be very bullish in the end. I continue to believe that we'... READ MORE
A month ago, we provided our EarningsBeats.com members a list of 20 companies that have historically performed well in the month of November. One of the stocks was TransDigm Group (TDG), and it only takes a quick glance at the seasonality chart to see why it was featured at... READ MORE
I'm going to keep this article short and sweet. We're going higher. If you're still convinced that the U.S. stock market is staring at a doom-and-gloom environment, I don't know what to say. Several months ago, I created a User-Defined Index,... READ MORE
Every 3 months, on February 19th, May 19th, August 19th, and November 19th, we host our own version of a "Draft Party". It's the most exciting day of the quarter for us at EarningsBeats.com. The anticipation has been building for weeks, and for good reason.... READ MORE
Later tonight and tomorrow, I'll be evaluating literally thousands of stocks in determining which 10 equal-weighted stocks I'll include in each of our 4 portfolios at EarningsBeats.com. Our track record is sparkling and you can view our portfolio results HERE. I start with sectors. I&... READ MORE
Ever since the worst industry groups in March and April revealed themselves, I've been tracking what I refer to as my Pandemic Index. It's an equal-weighted index of the 10 worst performing industry groups during the pandemic's first few months. A key resistance level... READ MORE
During the initial stages of the pandemic in March and April, it became quite clear to me that companies with a strong online brand and presence were set to outperform the broad S&P 500 index. The accumulation/distribution line (AD line) pointed us towards those companies that were... READ MORE
We have seen tremendous leadership from the NASDAQ 100 ($NDX) throughout 2020 and the COVID-19 pandemic. Many growth-oriented component stocks have done exceptionally well as they've adjusted to this "stay-at-home" and "social distancing" environment. But is this a paradigm shift that continues into 2021?... READ MORE
Special Note This is a weekly portfolio report that I send to our EarningsBeats.com members every Sunday. It's designed to provide a summary of our portfolio performance over the past week, highlighting the stocks that have led our portfolios higher (or lower). From our website, here'... READ MORE
Portfolios Update 4 of our 5 portfolios - Model, Aggressive, Strong AD, and Model ETF - all exceeded their prior closing highs on Friday. The Strong AD Portfolio soared more than 18% last week, absolutely crushing the S&P 500. Here's a quick summary of our portfolios:... READ MORE
Let me preface my article by saying that I'm very bullish. I mean, like, extremely bullish. No, really, I'm talking CRAZY bullish. Historically, we've just entered a period, October 27th close through January 18th close, where the S&P 500 has gained ground... READ MORE
When valuing a company, the two key variables are earnings (and earnings growth) and interest rates. I believe we're in a secular bull market because earnings growth is expanding, along with our economy, and the Fed has said historically-low interest rates will remain that way at least into... READ MORE
I have a huge preference for owning companies that are leaders within their industry and the industry itself is a leader. So it's very hard for me to argue against a company like Deere & Company (DE), which has been showing leadership attributes among commercial vehicles & trucks... READ MORE
I've created 5 User-Defined Indexes (UDI) here at StockCharts.com. I use these UDIs to track our four equal-weighted portfolios - Model, Aggressive, Income, and Strong AD - and one other pandemic-related index. Our flagship Model portfolio handled yesterday's selling pretty well and currently stands with... READ MORE
I expect that we'll bounce sooner rather than later, but a key short-term test is underway right now. I'm watching 3425 on the S&P 500 ($SPX) and 11600 on the NASDAQ 100 ($NDX). Both support levels are currently lost. A weak finish today would... READ MORE
For the past few years, I've written countless articles on semiconductors ($DJUSSC), software ($DJUSSW), and computer hardware ($DJUSCR) as these three industry groups have led a powerful charge in technology. But other industry groups in this sector have failed to participate to the same degree (or even close... READ MORE
Earnings is what we do at EarningsBeats.com. While a lot of traders are hoping, perhaps gambling, that companies they own come through with great results, we're doing our homework to prepare for our next Top 10 Stocks webinar on November 19th. That's when we'... READ MORE
'Tis the season to look for blowout earnings reports and Align Technology (ALGN) delivered one last night. Wow! Check out ALGN's actual revenues and EPS vs. Wall Street consensus estimates: Revenues: $734.1 million (actual) vs. $531.9 million (estimate) EPS: $2.25 (actual) vs. $.59 (estimate)... READ MORE
Wall Street has been accumulating stocks over the past few weeks in anticipation of strong results. That doesn't necessarily mean we'll see a positive reaction to those earnings, because there's the old "buy on rumor, sell on news" adage that frequently comes... READ MORE
Selecting and investing in ETFs is a daunting task. I ran a very basic scan to identify all of the ETFs to consider and this is what was returned: There were 999 ETFs returned. That's helpful. NOT! The 999 ETFs returned were listed in alphabetical order by ticker... READ MORE
I ran a very simple scan, searching for companies that have been able to make the almost impossible jump in SCTR score from less than 50 to greater than 95 in just one month (22 trading days). Here's the scan I ran: There were 2 results: Eaton Vance... READ MORE
There's not much I'd rather see than a heavy volume breakout in a consolidating stock within a strong industry. Enter Atlassian Corp (TEAM). Some traders let their guard down when a stock consolidates, and it's easy to do because consolidation normally leads to relative... READ MORE
Those who follow me know that I'm constantly monitoring the current leaders and watching for new leadership. It's one piece of technical analysis that helps in selecting our portfolio stocks. The best way to beat the benchmark S&P 500 is to follow the strength... READ MORE
At EarningsBeats.com, we like to line our portfolios with leaders, and I believe the following chart of autos ($DJUSAU) qualifies as leadership: We're seeing weakness today in our major indices, but not in autos. Two leaders in this space currently reside in our portfolios and are helping... READ MORE
If there's one thing we do really well at EarningsBeats.com, it's evaluate earnings reports and the stock market's reaction to them. I'd even take it one step further. I believe we anticipate upcoming earnings very well. There's a lot... READ MORE
Listen, I'm a big fan of PTON. It was one of my 5 stock picks from StockCharts TV's "The Pitch", which aired on April 1st of this year. It traded at near 27 at the time. Yesterday, PTON closed above 127. That's... READ MORE
Starting today at 4:30pm ET, EarningsBeats.com is excited to unveil a Sneak Preview of its latest product, the Model ETF Portfolio. The concept is rather simple. We plan to do the research to provide our members with a Strong ETF ChartList, highlighting the best performing ETFs from a... READ MORE
Back on April 1st, in the midst of the COVID-19 pandemic, the initial episode of The Pitch was aired on StockCharts TV. Grayson Roze, VP of Operations here at StockCharts.com, Mary Ellen McGonagle, President of MEM Research, and I joined host David Keller and provided our Top 5 stocks... READ MORE
I remain firmly in the secular bull market theory camp. We're going higher. Forget about politics, civil unrest, the virus, the deficit, the economy, blah, blah, blah. Money flow, the Fed and historically-low interest rates will fuel higher prices. While each of those is extremely important in the... READ MORE
It's generally a very good sign to see transportation stocks ($TRAN) breaking to new highs. Currently, the TRAN is at an all-time high and all signs are pointing to continuing strength, as far as I can tell. Transports do well when our economy is strong or when it&... READ MORE
A week ago, I published an article here in the Don't Ignore This Chart blog highlighting two renewable energy stocks ($DWCREE) - SEDG and ENPH. Both have gained in the 25%-30% range in one week. It illustrates how trading leading stocks in leading industry groups can pay... READ MORE
The secular bull market is alive and well and the list of industry groups in breakout mode is growing. In addition, there are a few on the cusp of a breakout that bear watching. When a group breaks out, money flows to that area, creating tons of trading/investing opportunities.... READ MORE
That's a really good question and one that I'm researching. My view has been (and remains) that the stock market is in a multi-decade secular bull market, one that will carry us into the 2030s. There will be cyclical bear markets along the way, similar to... READ MORE