The bulk of the past five sessions was spent on a corrective note by the Indian equity markets. There were bounces that did not sustain as the NIFTY struggled to keep its head above the 200-DMA level. The previous week saw a wide trading range of 590 points. In the... READ MORE
Ok, I was being a bit dramatic. The Dow Jones Industrial Average only dropped 981 points on Friday, not 1000. But it was another reminder that this bear market has not ended. In fact, I believe the short-term signals are pointing to much more weakness ahead. Key relative ratios either... READ MORE
The Nasdaq has re-entered a bear market after last week's drop put this index 20.4% below its November high in price. At this time, the index is 2.6% above its next area of downside support, which is its February lows. Below is a weekly chart of... READ MORE
The following is an excerpt from this week's subscriber-only DecisionPoint ALERT Weekly Wrap. Today, the Technology Sector (XLK) 50-day EMA crossed down through the 200-day EMA, effecting what is widely (and dramatically) known as a Death Cross. In our vernacular, we call it a LT Trend Model SELL... READ MORE
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what triggered last week's sharp selloff and what to be on the lookout for going forward. She also identifies pockets of strength, as well as ETFs to hedge against the current market. This video was... READ MORE
After both the Russell 2000 (IWM) and the Nasdaq 100 (QQQ) failed to hold or clear over the 50-day moving average (blue line), the bleeding has not stopped. Now that IWM and many key ETFs are near the bottom of their trading range, how should we prepare for next week?... READ MORE
Back in January, I shared a video with four potential outcomes for the S&P 500 index. These ranged from the "very bullish" view, where the SPX would rise to 5000 and beyond to the "very bearish" view involving a retest of long-term Fibonacci levels.... READ MORE
FACT: If investors make money, they remain engaged in the stock market with all its splendor and immense potential. If they lose money, they usually lose interest and move on. Over the past two decades, my role as I've embraced it has been to help you maximize those... READ MORE
How can we ride out this bear market? Before we can answer that question, we first have to define what qualifies as a bear market. Very often, a decline of 20% or more from the most recent high is used as a yardstick to define a bear market. That seems... READ MORE
On this week's edition of the GoNoGo Charts show, with Equities recovering this week, Alex and Tyler look at what they would like to see happen from a momentum perspective to have faith in the "Go" trend. Even with the "Go" in place, it... READ MORE
50-BASIS POINT HIKE ON THE TABLE FOR FED MAY MEETING... Today's statement by Fed Chairman Jerome Powell that a 50-basis point rate hike was on the table for May, combined with other hawkish comments, pushed stocks sharply lower today. And their technical condition continues to weaken. Particularly disturbing... READ MORE
In this week's edition of Stock Talk with Joe Rabil, Joe gives a lesson on Support and Resistance. He explains the "Pools of Money" concept and how it can be useful in determining the best entry points as well as risk levels. He also discusses how... READ MORE
When I brought up the Relative Rotation Graph showing the NYFANG components against $SPX, I made a few interesting observations. In general, the rotation of almost all tails looks horrible. They are either already inside the lagging quadrant (and) at a negative RRG-Heading, or rotating back to lagging. The two... READ MORE
On Wednesday, the stock market stuck with its choppy trend. After Tuesday's rally into resistance, we watched for either a reversal to the downside or a potential break to the upside as momentum had grown since last week. However, the market tends to play out differently than expected,... READ MORE
On this week's edition of Trading Simplified, Dave discusses exactly how he makes money trading, using his Mystery Charts as an example. Follow along as he shares his spreadsheets, charts and thoughts explaining his methodology. This video was originally broadcast on April 20, 2022. Click anywhere on the... READ MORE
In this week's episode of Sector Spotlight, I had planned to also do a review of the current growth/value rotation. Due to bad timing on my side, or talking too long on the breakdown of sectors into cyclical, defensive and sensitive in large-cap, equal-weight and small-cap universes,... READ MORE
On Tuesday, the stock market rallied right into resistance from its major moving average; however, this time could be different. While the market is choppy and traders should be extra careful, if Wednesday shows follow-through in both price and momentum, we can watch for Tuesday's rally to continue.... READ MORE
I've been reading and hearing a lot about an impending recession, which reminds me of the saying that, when everyone thinks alike, everyone is usually wrong. That's not to say everyone is expecting a recession, but we may have reached a point where there is sufficient... READ MORE
In this edition of StockCharts TV's Sector Spotlight, I briefly look at the current rotations in asset classes, then dive into sectors. After a look at what happened last week, I break down the sector universes into cyclical/offensive, defensive and sensitive, then compare the rotations between large-cap,... READ MORE
On this episode of DecisionPoint, Carl starts off the program with his famous "Grab Bag" addition. He reveals his thoughts on the current yield inversions. Is he worried? Carl reviews the exclusive DecisionPoint indicator sets and his thoughts on Bitcoin, Oil, Bonds, Dollar and Gold. Erin then gives... READ MORE
Earnings season is upon us and the banks have been kicking it off. However, the kickoff has been weak, as seen in the above chart of the regional banking ETF (KRE). With that said, if KRE can clear and hold over its 10-day moving average on both price and our... READ MORE
In the previous weekly technical note, it was mentioned that, given the shortened trading week with two trading holidays, the equity markets may exhibit a tentative and cautious bias and may not show any major move on the upside. While keeping in line with this analysis, the NIFTY continued to... READ MORE
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen highlights the key drivers for price action that are expected to carry into next week. She also reviews the number one event that's driving stocks and how you can prepare. This video was originally broadcast on... READ MORE
Sector PerfCharts provide clear performance snapshots of the market mood and the market mood is defensive. The PerfCharts below show the percentage change for the S&P 500 SPDR (SPY) and the eleven sectors. These sectors can be divided into three groups: offensive sectors, defensive sectors and other. The... READ MORE
In early December of last year, I wrote an articleon whether Bitcoin had reached the tipping point in terms of signaling a peak in the crypto bubble. Some may disagree about the "bubble" label; however, it seems to me that a financial category coming out of nowhere 10-years... READ MORE
It's that time of the year, Q1 Earnings Season, when thousands of companies reveal their numbers, including the good, the bad and the ugly. We've already seen a bit of everything, but that will pale in comparison to what is about to happen, with companies like... READ MORE
Larry is back in this new StockCharts TV special! There's a lot of opinions out there about what the curve means and talking heads are flapping all over about inflation. In this video, Larry shows the actual history of what this means so you can make informed decisions.... READ MORE
In this week's edition of Moxie Indicator Minutes, TG explains why he thinks the overall market is weak. He then points out where he is seeing the most strength. Commodities are the bullish place to be, along with precious metals. This video was originally broadcast on April 14,... READ MORE
While our primary focus at EarningsBeats.com is technical analysis, we combine that technical approach with fundamental analysis as well. Earnings is what we do. Prior to earnings reports, we're scouting for those companies most likely to report better-than-expected earnings and also the opposite - companies we want... READ MORE
STOCKS CONTINUE TO WEAKEN... The technical condition of major U.S. stock indexes continues to weaken. All three shown below lost more ground during the week. Chart 1 shows the Dow Industrials meeting overhead resistance near their red 200-day moving average. Chart 2 shows the S&P 500 trading... READ MORE
On this week's edition of the GoNoGo Charts show, Alex discusses another interesting week in the markets. We can see that the trends remain unchanged; "Go" trends persist in equities, commodities, the dollar and bitcoin. What is of note, however, is that only the greenback'... READ MORE
In this week's edition of Stock Talk with Joe Rabil, Joe discusses the differences between MACD and ADX divergence, especially when ADX flashes a particular signal. He then discusses the XLK using the Fibonacci Retracement tool. Joe finishes up the show by analyzing the stock requests that came... READ MORE
For the past two weeks, the market has been trending lower. With certain sectors sitting in oversold territory, we could be ready for a pop-up in price. However, this is a tricky spot, since a rally would be right into a resistance area. As seen in the above chart, two... READ MORE
Last Friday, we bought the Invesco Agricultural Fund based on a breakout from a consolidation area. With inflation continuing higher, we see food prices joining for the ride. One problem with soft commodities is that, when countries need more food, there is no instant fix, as it takes time to... READ MORE
In this edition of StockCharts TV's Sector Spotlight, I take a look at last week's rotations for asset classes and sectors, noticing the improving relative strength for stocks vs. bonds but a general weakening of both stock and bond markets in price terms. The rapid rise... READ MORE
Every quarter, I try to do an update of the Sector Rotation Model. We have the framework as described by Sam Stovall here on the site. The image above shows my interpretation of the various factors that affect this model. Across the top, you will find the eleven sectors. The... READ MORE
On this episode of DecisionPoint, Erin opens the show by letting viewers know that, in the DP Free Trading Room, she had been asked about hedging rising interest rates. Carl reminds viewers of his hedge against rising rates with this ETF he presented weeks ago. In his "Grab Bag&... READ MORE
In early December of last year, I wrote an article on whether Bitcoin had reached the tipping point in terms of signaling a peak in the crypto bubble. Some may disagree about the "bubble" label; however, it seems to me that a financial category coming out of nowhere... READ MORE
As of writing this article, Bitcoin is trading just under 40k. It has failed 3 key points and now people are getting scared. With that said, is this just a quick spook before it gets back on track, or should people give Bitcoin more caution? In the above chart, there... READ MORE
We think it is a good time to revisit a topic that is always top of mind for tactical money managers and investors in rules-based strategies like trend following; and that is whipsaws. Whipsaw trades are the one issue that will constantly concern investors using trend following strategies. Whipsaw trades... READ MORE