On this week's edition of The DecisionPoint Trading Room, Carl opens today's trading room with a chart that begs the question, "Bitcoin or Tesla?" He and Erin then follow with a detailed market overview and determine which Dow stocks are the best right now.... READ MORE
Lately, it seems like it's more of the same - treasuries are mostly weaker, interest rates rising, bond prices falling, tech running into headwinds. Rinse and repeat. On this week's edition of StockCharts TV'sHalftime, presented by Chaikin Analytics, Pete presents a high level overview of... READ MORE
Earnings season is quickly coming to a close, but it's just starting among the big retailers. On Tuesday, we'll get the latest earnings results from Walmart, Inc. (WMT), and that'll be followed by Target Corp's (TGT) quarterly earnings on Wednesday. Walmart and... READ MORE
The stock market has been like a volcano, simply waiting to erupt. The hawkish Fed and stubbornly-high inflation have wreaked havoc on stocks in 2022, but market participants have been awaiting good news on the interest rate front and I believe they got it on Thursday. The October CPI... READ MORE
Stocks surged this week with the SPDR S&P 500 ETF (SPY) advancing over 5% and nearing its falling 200-day simple moving average (SMA). The big trend is still down because SPY recorded a 52-week low a month ago and a lower low from June to October.... READ MORE
In the truncated week that went by, the NIFTY 50 Index ($NIFTY) traded much on the analyzed lines. Despite staying volatile, it largely remained buoyant while it extended its move on the upside. In the previous week's technical note, there was a categorical mention of the possibility of... READ MORE
The mid-terms are now somewhat behind us, and this week we saw the FTX crypto exchange file Chapter 11. Some investors worry that there might be more domino effects in the institutional crypto space. It is worth keeping an eye on. Concerning the market, the mild CPI inflation numbers... READ MORE
While gold has not done much in 2022 in terms of absolute returns, the SPDR Gold Shares (GLD) has indeed outperformed the SPDR S&P 500 (SPY) by about 11% year-to-date. Why has gold not done better as a safe haven? It's all about the... READ MORE
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
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson digs into the topic of the year -- interest rates! He shares three of the most powerful and important ways you can visualize interest rates on StockCharts. This episode walks you through how to visualize interest rates,... READ MORE
After hitting a high of around $176 in November 2021, the e-commerce platform Shopify, Inc. (SHOP) saw its stock price fall to a low of $23.63 within the span of a year. During the COVID-19 pandemic, SHOP attracted a lot of sellers, since many transitioned to offering... READ MORE
This post is brought to you by our friends at Chaikin Analytics. Get Chaikin's free e-letter PowerFeedhere. We've just got past Halloween. It may have been a joyous night for kids, especially if they got a lot of candy, but, if you've followed... READ MORE
On this week's edition of Moxie Indicator Minutes, TG shares how the CPI came in slightly cooler than expected and the market responded strongly. The questions he finds himself asking are "how far will it go?" and "for how long?" He is concerned that,... READ MORE
In this week's edition of the GoNoGo Charts show, as yields pull back and the U.S. dollar accelerates into the NoGo trend, Alex and Tyler review the new Go trend in the S&P 500 Index ($SPX) daily chart. U.S. midterm elections are concluding and... READ MORE
This post is brought to you by our friends at Chaikin Analytics. Get Chaikin's free e-letter PowerFeed here. Folks, a dangerous combination is brewing beneath the surface. It's what I like to call the "trinity of trouble." When inflation and interest rates rise... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows when he would use an extra timeframe in his analysis. Usually, he discusses a 2-timeframe method, which works in most cases. However, for someone who wants to be more aggressive, Joe shows how to use... READ MORE
DOW LEADS STOCKS HIGHER... Annual inflation for October was a lower than expected reading of 7.7% which was the lowest since January. That softer reading raised hopes that inflation might be peaking and pushed stock and bond prices sharply higher. A big drop in bond yields and the dollar... READ MORE
The Consumer Price Index (CPI) report for October 2022 suggested that inflation could be cooling. This was welcome news for the stock market, given that the CPI has been steadily rising since December 2020. October CPI rose 0.4%, below the expected 0.6%, which brings the year-over-year... READ MORE
Market leaders are constantly evolving and staying up to date on the newest trends, and macro events can be challenging. Looking back at previous decades of market leadership provides insight into how market leaders change over time, and the impressive cumulative returns indicate potential future market leadership gains. It may... READ MORE
On this week's edition of Trading Simplified, Dave shows his methodology in action with a freshly triggered setup--a stock that will become part of his "Next 100 Trades" segment. Dave then goes on to discuss how, while the best time to learn about avoiding bear... READ MORE
When it comes to Wall Street, is it more about who controls Congress, or about erasing the uncertainty attached to the midterm election results? The uncertainty is still lingering since the midterm election results are still undecided as of this morning. Regardless of whether there's a sweep or... READ MORE
The race to secure lithium supplies is on. While lithium demand multiplies, geopolitical concerns between China and the West have made securing a reliable supply of lithium more difficult. Lithium is becoming one of the world's most-sought commodities, yet the annual amount globally is still tiny. Battery... READ MORE
The Dollar Index has had a good run to the upside, but is starting to show some possible signs of fatigue. That potential weakness could take the form of an actual reversal in its primary uptrend, or an intermediate counter-correction. At the same time, commodities, which often (but certainly... READ MORE
On this episode of StockCharts TV's Sector Spotlight, I update the theoretical sector rotation model with my current observations of the ongoing rotation of sectors on the Relative Rotation Graph. For this, I use the equal-weight sector universe, as well as the charts of the four macro... READ MORE
As of today, five of the eight major indexes we track have IT Trend Model BUY signals. This is determined by the 20EMA being above the 50EMA (Silver Cross). This is a good start toward broad market recovery, but unfortunately, all eight indexes have LT Trend Model SELL signals, which... READ MORE
Discretionary vs Staples Rotation While preparing for my show Sector Spotlight this week and trying to put things together in a meaningful fashion, I also remembered to look at the XLY:XLP ratio. When you look at the positioning of the various sectors that are likely to outperform during the... READ MORE
Tech stocks, once the favorite among investors, seem to be losing some of their bling. Since the middle of earnings season, investors seem to be shifting towards the more non-glamorous materials and industrial stocks. Take a quick view of charts of the three broader indexes—Dow Jones Industrial Average... READ MORE
On this week's edition of The DecisionPoint Trading Room, Carl gives us his perspective on why this bear market bottom is different than prior bear market rallies. What is keeping him bullish? He and Erin look talk about the VIX and the current fear factor (or lack thereof)... READ MORE
Conventional wisdom is that the Democrats will retain the Senate and lose the House, but there's a chance the Republicans could easily sweep both chambers. With the midterm elections tomorrow, it's still too early to call the outcome of many of the races, and we may... READ MORE
On this week's edition of StockCharts TV'sHalftime, presented by Chaikin Analytics, Pete Carmasino is back with his take on the current bear market rally, including the volatility and some unusual breakouts in stocks. The message for today is to be selective in the stocks you focus... READ MORE
The S&P 500 Index ($SPX) moved to a new low from June to October 2022, but copper held up better with a higher low and broke short-term resistance with an outsized move this week. A breakout with an outsized move shows above-average strength and it looks... READ MORE
It was a tough week for investors after Fed Chairman Jerome Powell put a halt to a two-week rally, which had been fueled by sharp gains in companies reporting Q3 earnings results ahead of lowered estimates. Going into this week, the S&P 500 Index ($SPX) had bullishly... READ MORE
As we await the midterm elections next week, there was massive speculation about China loosening COVID-19 restrictions. Additionally, with a lack of global copper inventories, metals and miners erupted on Friday. Global X Copper Miners (COPX) found significant support twice at the 200-week moving average. COPX sold off... READ MORE
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
The Bureau of Labor Statistics released its October jobs report today. The number of jobs added was higher than the consensus forecasts. Key Points of October Jobs Report * Non-farm payrolls rose by 261,000 in October, higher than the 200,000 economists expected. * Average hourly earnings were up 0.... READ MORE
I'm going to share with you some of the gems and pearls of wisdom that I personally took away from the recent ChartCon 2022 Investor Conference. You may recall some of these nuggets. Others you won't because they occurred in belly-to-belly discussions behind the... READ MORE
SECTOR ROTATION MODEL .. One of the more useful ways to help determine the state of the stock market and the economy is to compare how various market sectors are performing. Certain market sectors do better at market tops, while others do better at market bottoms. Chart 1 shows the Stockcharts... READ MORE
On this week's edition of Moxie Indicator Minutes, TG discusses the FOMC on 11.02.22 and how Jerome Powell stayed on course and hawkish for the Q&A session. With the market unable to find any hope to cling to regarding a pivot of easing conditions,... READ MORE
My two favorite sentiment indicators are (1) the 5-day moving average of the equity-only put-call ratio ($CPCE) and (2) the Volatility Index. On September 6th, I wrote about the elevated CPCE likely providing a short-term market bottom, and it did; the S&P 500 jumped... READ MORE
Between 2012 and 2015, Gilead Sciences (GILD) enjoyed a nice rally. Since then, the stock has been through a rough patch. But its third-quarter 2022 earnings and revenue may be the spark the stock needed to bring it back to life. GILD beat estimates when the company reported after... READ MORE