As predicted, and as we wrote about yesterday, oil prices continued to climb in anticipation of an OPEC+ production cut. Reports confirmed today that OPEC+ will cut production by 2 million barrels a day. The Strategic Petroleum Reserve (SPR), which the Biden administration has tapped to ease gas prices, has... READ MORE
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
It's no secret that gas prices significantly impact the economy, discretionary spending and stock market prices. Gas prices were at record highs following an incredible run-up over the summer and have declined steadily until recently, as represented by the United States Gasoline Fund (UGA). Treasury yields have... READ MORE
In this week's edition of StockCharts TV's Sector Spotlight, for the first show of October, I address long-term trends using monthly charts. In line with the longer-term perspective of this show, I start both the asset class and the sector rotation segments with a... READ MORE
We currently have high inflation, a rising US dollar, and massive global interest rate hikes that have hammered stocks. Investors have lost approximately $24 trillion in value destruction for 2022 already. The good news today is that it appears a short-term bottom has been reached, and a potential rally... READ MORE
On this week's edition of The DecisionPoint Trading Room, Carl discusses the implications of short-term vs. intermediate-term indicators' reactions to last week's rally and what they will likely look like after today's rally. Good stuff on the charts right now! Erin... READ MORE
In a week that was volatile for the Indian markets, the NIFTY50 index oscillated in a 448-point range before ending with a net loss. In the previous week, the NIFTY had closed above the 50-Week MA, which is presently placed at 17100; the index slipped below this point... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson gives you a quick preview of ChartCon 2022 and what to expect in this two-day event, running October 7-8. He summarizes the highlights, walks you through the agenda, and shows how you can save... READ MORE
OK, so we know the market is going down. And, save for a mid-summer bear market rally, the S&P 500 and Nasdaq have been in fairly consistent downtrends. Last week, I highlighted the extreme bearish readings in the AAII Survey(it's worth noting that this... READ MORE
It is crucial to prepare for adjustments in Fed policy and the credit markets, and adjust your trading accordingly, given the persistence of high inflation. As seen above, The Fed-preferred inflation gauge (core PCE) remained elevated at 4.9% in August, as data released Friday remains far above the... READ MORE
Technical analysts often scoff at the notion that a 20% decline marks a bear market. However, a look back shows that further losses are certainly possible after a 20% decline. Over the last 25 years, the last two bear markets started with declines in excess of 20% and the S&... READ MORE
When I began investing full-time, my methodology's foundation was based on William O'Neil's CANSLIM® approach. It's a deeply researched and proven strategy. The AAII's own ongoing trading models validate that fact. For the next three decades, my efforts were... READ MORE
On this week's edition of Moxie Indicator Minutes, TG discusses how the market is at a very difficult spot to interpret right now. On one side, things are stretched and there is enough bearish kindling to set off a short squeeze. On the other, what reason do people... READ MORE
FALLING FOREIGN CURRENCIES... Last week's message showed the U.S. Dollar Index rising to the highest level in twenty years. That's due largely to the fact that the Fed has been hiking rates faster and higher than most foreign bankers. What's good for the... READ MORE
In this week's edition of the GoNoGo Charts show, Alex and Tyler review Wednesday's upside move in the context of a persistent "NoGo" trend in US Equities, Commodities, and bond prices. The continued "NoGo" trend conditions on the daily and weekly charts... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains the ADX indicator, discussing how it gives us insight into 2 different groups of investors and how to interpret them. He also shows how this indicator can help to determine when the climate is better for... READ MORE
As we saw a positive divergence materialize on the $SPX with New Lows, we thought it a good time to bring out the NYSE New Highs/New Lows chart, which has also seen a positive divergence between shrinking New Lows and price bottoms that were moving lower. This indicator has... READ MORE
As we prepare to move into October, I wanted to take a moment to highlight some of my recent daily columns from September. On September 13, I wrote a Daily titled "Why Higher Inflation Matters and Transportation is Key". In it, I highlighted that the transportation sector and... READ MORE
On this week's edition of Trading Simplified, given the nature of the markets, Dave thought it would be a good time to dive deeper into the topic of methodology. You must know the nuances of your methodology and more importantly, be willing to live with them. Using his... READ MORE
Polls show that the number one issue with voters is inflation, but some intermarket relationships are signaling otherwise. I am not saying that inflation is about to be wrestled to the ground, but it goes in waves, as you can see from Chart 1. Also, once prices go up, they... READ MORE
As the selloff continues, our Big View serviceRisk Gauge has been bearish for weeks, signaling risk off.Most of our portfolio strategies hold more than 50% cash, some are short, and my discretionary service is looking to deploy capital soon. Today, we'll focus on what the retail sector,... READ MORE
In this week's edition of StockCharts TV's Sector Spotlight, I review the current rotations for asset classes, where we find continuing strength for the US dollar and fixed-income-related asset classes, while stocks are rotating back to the lagging quadrant. As it is the last... READ MORE
Last Friday, I spoke on Women of Wall Street Twitter Spaces and Fox Business's Making Money with Charles Payne to talk about a key monthly moving average. What makes this moving average so important right now is that three of the Economic Modern Family members are testing it.... READ MORE
On this week's edition of The DecisionPoint Trading Room, Carl reacts to a viewer question about why he thinks the market will likely retrace 55% or more from the bull market high. He focuses on earnings, which he goes through in detail. We also got a bonus discussion... READ MORE
Dictionary.com says: The exposure to the chance of injury or loss; a hazard or dangerous chance. American Heritage Dictionary says: The possibility of suffering harm or loss; danger. These are just two of the many entries and these were just for the noun. Risk in the world of investments... READ MORE
The week that went by remained rather contradictory in nature; however, let's consider if this statement holds if we look at it from different perspectives and different timeframes. The markets certainly remained highly volatile, as they reacted, in turn, to the global market reactions to the 75 bps... READ MORE
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... READ MORE
The market has turned for the worst in recent weeks and continues to fall in a bear market fashion. Most of our portfolio strategies are holding more than 50% cash, some are utilizing inverse ETFs, and in my discretionary trading service, we are largely in cash. We are looking for... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson discusses the importance of a daily market review routine and demonstrates how two specific ChartLists from his own account fuel his personal process. You'll learn how to create and organize market review lists of... READ MORE
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
When markets across the world and all asset classes are dropping, it's time to put things into (international) perspective and see if any alternatives to US stocks are available. I always keep an eye on this Relative Rotation Graph, which holds a group of international stock market indexes... READ MORE
I have very fond memories of time spent in the Fidelity Chart Room, from discussing the merits of contrary opinion with teams of financial advisors to teaching student investment clubs about the value of technical analysis. But one of my favorite "behind the scenes" moments came in 2009.... READ MORE
TREASURY YIELDS SOAR... An intermarket view across the various financial markets continues to present an overall bearish picture. And it starts with this year's surge in interest rates. Chart 1 shows the yield on 2-Year and 10-Year Treasury yields surging to the highest levels in more... READ MORE
On this week's edition of Moxie Indicator Minutes, TG shares that the FOMC was wild as expected, and, with another 75 BPS rate raise, the market responded in a bearish way. For now, the downside has been the correct direction, but there are indications that fuel for a... READ MORE
I knew well ahead of the 2006-2007 real estate crash that problems were coming, but I didn't really understand the cause. I thought that the price of houses was going to deter buyers, but buyers didn't care about the price of a home, they only... READ MORE
Despite the bear market environment, a handful of stock-based ETFs were showing leadership with bullish Trend Composite signals. Representatives from dirty energy (XLE), clean energy (TAN) and utilities (XLU) were covered over the last few weeks and this article is a follow-up. These ETFs remain with bullish Trend... READ MORE
In this week's edition of the GoNoGo Charts show, Alex and Tyler assess the acceleration of the "NoGo" for US equities ($SPY) in the wake of the latest rate hike ($TNX). Go trends for US Dollar and Government Yields are uninterrupted, but the energy space is... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe discusses specific rules or guidelines that can be incorporated into a trading , which can help to add discipline to your trading. By adding these rules, your trading will become more consistent. He also explains how to add... READ MORE
The FedEx news has caused many analysts to worry about the transportation sector and the potential ripple effects this could have on the rest of the market. As we have written before, transportation sector is seen as a barometer of economic activity. The Fed hikes and FedEx lowered profit revisions... READ MORE
To start, I want to make two points. Investing successfully requires that you remain engaged and motivated. Just because you choose to ignore the markets, the markets won't reciprocate and ignore you. Zig Ziglar said, "People often say that motivation doesn't last. Well, neither does... READ MORE