Well, I plan to host a free webinar on Saturday to demonstrate how we use this cool StockCharts.com feature to track our portfolios at EarningsBeats.com. In the StockCharts.com "Support Center", you'll find many examples of why you might want to consider using a... READ MORE
Leading stocks in leading industry groups. If you've struggled with your investments, read that line over and over again. Investing in leaders will change your returns and likely alter your opinion about your chances to outperform the overall market. Our Model Portfolio has now returned +148.21% in... READ MORE
We held a "Market Vision 2020" event at EarningsBeats.com back on January 5th and were joined by several long-time StockCharts.com contributors, including John Murphy. I credit John for a lot of my intermarket relationship knowledge as his work over the years truly inspired me to learn... READ MORE
Note First, just over one year ago, I returned to EarningsBeats.com as its Chief Market Strategist. I want to thank all of you that have supported me in my return. I think we've weathered a brutal year in great fashion. Here are the one year returns on... READ MORE
Ever heard of the old Wall Street adage, "buy on rumor, sell on news"? You most likely have and, in my opinion, it applies more to earnings season than anything else. Wall Street firms send their analysts out to meet with management teams prior to the end of... READ MORE
I think it's fair to say that most investors look at whether their stock is going up or down in determining whether a stock is being cumulatively bought or sold. That was a big, big mistake back in March as fear-mongering headlines created panic at the opening bell,... READ MORE
Short squeezes can result in explosive upside moves. We saw it at the end of 2019 with Tesla (TSLA). Once the stock broke 400, it absolutely flew to the upside. One reason why was that breakout triggered buying from short sellers, who realized that their losses were unlimited as TSLA... READ MORE
I believe it could be. In my Daily Market Report to EarningsBeats.com members, I pointed out a couple very positive short-term developments. First, the S&P 500 pulled back to 3229 yesterday, EXACTLY a 10% correction from its recent all-time high. Extremely bullish sentiment readings suggested that September... READ MORE
Stocks that are heavily shorted are stocks that we should generally avoid. There are normally very good reasons, both technically and fundamentally, why a company has so many bets placed against it. Buying stocks that are not performing well simply because they're heavily shorted makes about as much... READ MORE
Note This is a copy of today's DMR that I just sent to our members. I believe we're setting up for a HUGE rally in Q4 and the current weakness will provide tremendous opportunities. In the very short-term, however, we need to get through the next... READ MORE
It's max pain time. Every month as we approach monthly options expiration, I go through an exercise to evaluate the open interest of puts and calls to help determine the likely short-term direction of equities. It provides me no guarantee. Rather, it serves as another tool in my... READ MORE
At EarningsBeats.com, we provide market guidance and analysis of the major indices, sectors, industry groups, and individual stocks. Our research provides our members with various ChartLists to organize strong trading candidates by categories such as Strong Earnings, Strong AD, Short Squeeze, etc. Over the years, I've never... READ MORE
I follow a very simple ratio every day, which is the iShares Russell 1000 Growth ETF vs. the iShares Russell 1000 Value ETF (IWF:IWD). This ratio tells us whether traders have the necessary risk appetite that typically drives equity prices higher, especially the NASDAQ, which is littered with high-growth... READ MORE
Despite remaining very bullish, I've written several short-term bearish articles lately, mostly dealing with extreme sentiment issues. Those sentiment extremes have been rectified and are no longer a problem, but they've now changed the mentality in the market from "buy on the dip" to... READ MORE
When you own a stock in a short squeeze, your investing world looks a lot brighter. There are many traders that live and die with short positions, which I'll never understand. But hey whatever works, right? I'm not an advocate of blindly buying heavily shorted stocks... READ MORE
Let me start with the fact that I'm as bullish as they come in the long-term, so everything written here is for short-term traders only. Many times the market ignores short-term sentiment warning signals, so please don't misconstrue anything I'm about to write as... READ MORE
It's always important to be prepared when a stock has challenged a key price resistance level multiple times and it's testing it again. First of all, if a stock does make a breakout technically, it's normally followed later by the fundamental news that triggered... READ MORE
A secular bull market runs on all cylinders. I'm a believer that we remain in the early stages of a bull market that will likely last another decade or longer. How else can you explain the S&P 500's move to an all-time high in... READ MORE
If you've followed my work, you know three things. First, I'm one of the few analysts that kept my long-term secular bull market call intact despite the pandemic-induced selloff back in March. Second, while my big picture view is firmly bullish, my primary focus is on... READ MORE
During the midst of the financial blow in March due to the pandemic, I realized that not all stock selloffs were created equal. While most stocks moved lower at the open, many were being bought, or accumulated, throughout the trading day. It was at that point that I ditched the... READ MORE
At EarningsBeats.com, we announce the portfolio stocks for each of our 4 portfolios on February 19th, May 19th, August 19th and November 19th. We then hold those 10 equal-weighted stocks in each portfolio until it's time to announce new stocks. Well, it's August 19th. It&... READ MORE
After an uptrend, I always look for a continuation pattern, especially when I believe we're in a major secular bull market advance. Well, look no further than Amazon.com (AMZN), which doubled in price from its March low to its early-July high. Since that stunning advance, AMZN had... READ MORE
I'm not sure if there's a hotter group right now than delivery services ($DJUSAF). Both United Parcel Service (UPS) and FedEx Corp (FDX) blew earnings right out of the park. They crushed both revenue and EPS estimates and the market has responded with institutions seemingly accumulating... READ MORE
Over the past five months, since that March low, we've enjoyed many stocks' relentless pursuit to the upside. I know it's hard, however, to keep chasing those stocks as their prices move into what seems the stratosphere. So I set out to find stocks that... READ MORE
Many of the worst-hit stocks during the pandemic are leading this latest rally and, among those, are gambling stocks ($DJUSCA). The group broke out yesterday above July highs and now has its collective sight set on the June 8th closing high of 747. Wynn Resorts (WYNN), one of the bigger... READ MORE
Earlier today, I was a guest on "Your Daily 5" and I featured 5 charts that I believe we should all be focused on right now. One of the charts I discussed was the Dow Jones U.S. Delivery Services Index ($DJUSAF), which has exploded higher after two... READ MORE
Somehow, we've been able to weather the storm that's called 2020. I'm speaking from a stock market perspective. The health care crisis has taken its toll and continues to take its toll and impact our everyday lives. But if you pulled up an S&... READ MORE
When a stock gaps higher and keeps running, it generally tells me that the top of gap support is what we need to concern ourselves with. It's definitely not a guarantee that it holds, but the odds are greater. When I trade stocks, it's all about... READ MORE
I'm a big fan of buying stocks at support. On June 29th, Advanced Micro Devices (AMD) tested a very important price support level and printed a reversing hammer candlestick that same day. In my Daily Market Report to EarningsBeats.com members, I suggested mid-day that a bottom could... READ MORE
First, welcome to August! It's hard to believe that we're into our 8th month of 2020. It's been a very difficult year on a number of fronts, but I hope that EarningsBeats.com has at least been able to help you navigate through the... READ MORE
Every three months, we fill out our four portfolios with 10 equal-weighted and leading stocks, mostly in leading industries. We combine fundamental research and technical analysis to make our money work harder, which is the whole idea. We know there's a strong correlation between earnings growth rates and... READ MORE
Too many traders focus on the wrong things when looking for a big short squeeze. It's not about how many short shares there are for a particular stock. And it's not about high short percentage of float. And, quite honestly, it's not even about... READ MORE
It's no secret that I like finding leading stocks in leading industry groups. In my view, however, THAT is the secret sauce in building a portfolio to outperform the benchmark S&P 500 over time. Of course, there will be hiccups along the way and we'... READ MORE
There's been one common denominator thus far in earnings season: high-flying stocks have seemed to hit a brick wall after posting earnings - even spectacular, way-above-consensus-estimates earnings. That was my biggest question as we headed into earnings season. I knew the numbers would be incredible across several different... READ MORE
Trading earnings-related gaps is what I like to do. It's what we do at EarningsBeats.com. Well, we do lots of things at EarningsBeats.com, but doing our homework and preparing our members to trade earnings-related gaps is certainly high on our list. It always amazes me to... READ MORE
That seems rather plausible. After all, earnings are one key factor that drives stock prices. But, in this case, I'm referring specifically to Big Lots, Inc. (BIG). It's part of a very strong industry group, broadline retail ($DJUSRB), which set a new 52-week relative high vs.... READ MORE
We can talk about earnings, the economic outlook, technical conditions, etc., but to be quite honest, the real keys to successful investing/trading come down to timing, patience, and managing risk. At EarningsBeats.com, we do all the research for our members. We provide so many trading opportunities and literally... READ MORE
I've been patiently waiting for the BIG breakout, the one that really kickstarts this group. I believe we just saw it on Friday. Health Care (XLV) definitively made its move after already recently providing some very bullish clues. After weeks and weeks of sideways action, in which the... READ MORE
Below is today's Daily Market Report (DMR) that I send to EarningsBeats.com members every day. Today's focus was definitely on health care (XLV). I've been waiting for a few months for its sideways consolidation to resolve and we're getting that now:... READ MORE
When a stock, industry group, or sector breaks out before earnings season, that's generally a signal that Wall Street is anticipating solid results. Whether the breakout is sustained, however, boils down to the actual earnings results. In the case of trucking ($DJUSTK), the breakout has been made. This... READ MORE