WEST TEXAS CRUDE OIL REACHES 11-YEAR HIGH... The war in Ukraine continues to push oil prices sharply higher along with other commodities. That includes metals and agricultural products. Gold continues to gain ground as a traditional haven during times of rising inflation and increased global tensions. Some defensive money is... READ MORE
What is clear about the US Equity markets' trend is that it is down, with a series of lower highs and lower lows despite the tremendous volatility of last week. The GoNoGo Oscillator is testing the zero-line from below, and while the trend condition is in its weaker pink... READ MORE
In this week's edition of Stock Talk with Joe Rabil, Joe shows the short-, intermediate- and long-term trends for all the components of the DJIA. This is a good process to use for a bottom-up evaluation of any market. He then analyzes the requests that came through, as... READ MORE
I remember years ago, when I was doing the flagship (now defunct) MarketWatchers LIVE show on StockCharts TV, Tom Bowley mentioned that, when the Dollar began to rise, it can hurt global companies (most are large-cap). Their exposure to buying overseas puts them at a disadvantage when the Dollar rises.... READ MORE
Geopolitical stress from the Russia/Ukraine situation piles onto the market and the Fed, which is now faced not only with worries of the U.S inflation numbers, but also extra price surges in energy. Though the Fed has already scheduled rate increases through this year, the development and quick... READ MORE
Chart 1 shows that, starting in early 2020, stocks began to slowly but quietly underperform commodities. Since the start of this year, though, this trend has begun to really accelerate on the downside, i.e. moving in favor of commodities. The center window also shows when a lengthy trendline of... READ MORE
When the market gets "iffy", it's important to talk about surviving and prospering during a bear market. On this week's edition of Trading Simplified, Dave outlines key guidelines to follow and set yourself up for success. This video was originally broadcast on March 2,... READ MORE
Join Johni Scan and me for Monday's (2/28/2022) "Your Daily Five" where we focus on Distribution and Re-Accumulation characteristics. Both begin in nearly the same manner but conclude very differently. A Re-accumulation is a range-bound condition that forms after an uptrend. It is a... READ MORE
Last week, the major indices made a successful rally back into a short-term support area. However, many see the price move as a rally back into a volatile resistance zone, leading people to believe we could again see the market break lower. While this could be the case, as the... READ MORE
In this edition of StockCharts TV's Sector Spotlight, as it is the first Tuesday of the month, I take on the monthly charts for February. After a short look at the current rotations for Asset Classes and Sectors, I jump into the long-term trends as they are unfolding... READ MORE
In my article for the ChartWatchers newsletter this weekend, I wrote about the rotation of various stock markets against the DJ Global Index. On that Relative Rotation Graph, Europe had moved into the leading quadrant, but has since almost immediately started to lose relative momentum. The US market (SPY) had... READ MORE
On this episode of DecisionPoint, Carl opens with a look at the Russia ETF (RSX) to help viewers visualize the impact the war sanctions are having on the Russian market. Not only is Russia's market affected, but the effects are pushing Crude Oil to the roof, so the... READ MORE
The Regional Banking ETF (KRE) has made two consecutive closes over its 50-day moving average, confirming a bullish phase change. KRE is also the only ETF in Mish's Economic Modern Family that is holding a bullish phase on a daily chart. Therefore, we should keep an eye on... READ MORE
If you've been away, really away, and all you know is that US Equities were up ~1% last week, then you've been extremely disciplined about your New Year's digital detox resolution! The S&P 500 began the holiday-shortened week with a 1% decline... READ MORE
The chart below shows the Cybersecurity ETF (CIBR) with two sets of annotations: a future possibility and the current reality. The future possibility shows that a bullish reversal could be in the making as the ETF held the January low and surged late last week. The current reality, however, is... READ MORE
There's no denying it was a super rally to end last week. Any time you see stocks jumping like they did on Thursday's reversal and Friday's follow through, it's easy to become much more optimistic. But during periods of high volatility, the... READ MORE
SELLING THE RUMOR AND BUYING THE FACT... Thursday morning's heavy selling of stocks and the buying of traditional safe havens like bonds, gold, and oil reversed sharply that same afternoon. Stocks rose while safe havens lost most of their morning's gains. That more positive trend continued... READ MORE
Over the past several days, the global equity markets were highly affected by the escalated geopolitical tensions between Russia and Ukraine, with Russia ultimately ending up invading Ukraine. This spooked the global equity markets, and India was no exception. On Thursday, NIFTY witnessed one of its worst performances of the... READ MORE
Russia's invasion of Ukraine is expected to create a sudden shortage of key products in the U.S. that in turn, will aggravate already high inflation rates. A hard pressed Federal Reserve will now have to prevent consumer prices from rising out of control while lowering their rate... READ MORE
I'm a fan of relative strength and, even in a market that's been whipsawing back and forth, leaders emerge and you need to be vigilant in seeking them out. One such group hadn't shown relative strength in many months, but that changed in 2022... READ MORE
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the broader markets following the sharp rally into the week's close. She also shares hot spot areas and stocks being pushed into uptrends due to the conflict between Russia and Ukraine. This video was originally... READ MORE
What a surreal experience it was waking up on Thursday morning. Switching on the news and seeing that Russia has actually invaded Ukraine. For us Europeans, wars since WWII have always been fought far away from home in Afghanistan, former Yugoslavia, Iraq, Iran, Kuwait, etc. But this is literally in... READ MORE
At the beginning of the week, investors worried as the market sold off. Then, on Thursday, the major indices made a large gap lower, igniting many to believe we had entered the beginning of a bear market. Though investors are still worried about geopolitical pressure, along with worries about rising... READ MORE
"There is nothing more painfully bullish than a bear market rally." - Dave Keller, The Final Bar, February 24, 2022 We've been tracking the signs of distribution since November of last year. As the S&P 500 made new highs into December and January, the... READ MORE
For the third week in a row, the major U.S. stock indexes appeared to be on the verge of an overall gain at midweek, only to end up negative after declining on Thursday and Friday. The invasion of Ukraine has made Thursday's selloff even more dramatic, but... READ MORE
In this week's edition of Stock Talk with Joe Rabil, Joe explains how he uses the ADX/DI lines to help with aggressive exits. This tool works best when a stock has a nice trend in place and we are looking for an early exit rather than being... READ MORE
With the media constantly blaming this down market on Ukraine, I thought this article would be timely. Just in the course of a normal week, we are bombarded with information from sources such as the FED, television analysts, brokerage firm analysts, economists' projections, newspapers, junk mail, neighbors, war reporters,... READ MORE
STOCK INDEXES REACH NEW LOWS ON RUSSIAN INVASION... News of a full-scale Russian invasion of Ukraine is pushing global stocks sharply lower and pushing money into traditional safe havens like gold, oil, and bonds. The price of West Texas crude oil spiked to $100 this morning while gold prices also... READ MORE
Technical analysis pays off. Thank you John Murphy for all the wisdom and inspiration. The warning signs that I see from time to time don't always pay off and that's really not what technical analysis is all about. It's never a guarantee. I use... READ MORE
Periodically, to scare the kiddies we bring out the boogie man chart of the 1929-1932 Bear Market. It is a stunning picture upon which I have gazed many times. A decline of nearly ninety percent in just under three years. Recently,it occurred to me that there is much more... READ MORE
Many traders actively watch the market and believe there are always opportunities to make money. It can seem that way, as there is almost always a symbol sitting in the new 52-week high list or another symbol making a great intra-day move. However, this type of thinking can be dangerous,... READ MORE
In a recent late January article,I pointed out that many market averages had fallen to key support levels at a time when a lot of them were experiencing selling climaxes. This kind of condition is usually followed by a rally or basing period, but I also noted that other... READ MORE
On this week's episode of Sector Spotlight, I discussed the chart of SPY, as it is approaching an important support area between 420-425. The updated version of this chart is printed above and, as you can see, the market is getting closer and closer to this important support... READ MORE
By the end of Tuesday, the S&P 500 (SPY) and the Nasdaq 100 (QQQ) were able to rally off support from lows found in late January. If they can hold their current prices, we can next watch for each to run back towards their range highs near $370... READ MORE
Run Lola Run! It's Groundhogs' Day All Over Again For the second week in a row, the major U.S. stock indexes appeared to be on the verge of an overall gain at midweek, only to end up negative after declining on Thursday and Friday. Indexes fell... READ MORE
In this edition of StockCharts TV's Sector Spotlight, I take on the rotations in asset classes and US sectors as they unfolded last week. Because it is the last Tuesday of the month, a look at seasonality, in combination with current rotations, is also on the menu. I... READ MORE
Despite the past five days being immensely volatile, with the markets oscillating back and forth in a wide range, they still ended the week on a relatively flat note. The markets saw the opening of the week with a serious gap-down following geopolitical tensions between Russia and Ukraine; the very... READ MORE
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews where the markets closed and what to be on the lookout for going forward. She also highlights Consumer Staples stocks trending higher, as well as high yield themes on the move in an otherwise tough market. This... READ MORE
A common question I am receiving via email and the Monday free DecisionPoint Trading Rooms (register here to be a part and/or receive the recordings): "How will we know it is safe to expand exposure or when seas aren't so stormy?" In this week'... READ MORE
The Russell 2000 (IWM), S&P 500 (SPY), Dow Jones (DIA) and the Nasdaq 100 (QQQ) have all broken their previous minor support levels from Monday, February 14th's low as seen in the above chart. While the break under Monday's low makes the market look... READ MORE