S&P 500 ENDS THREE-WEEK DECLINE... Stocks are ending the week on a strong note after falling for the previous three weeks. An oversold condition and the presence of underlying chart support are also playing a role in this week's buying. The 9-day RSI line... READ MORE
It has been a rough four weeks for stocks and oil, but the energy-related ETFs held up relatively well and remain in uptrends. The PerfChart below shows performance for SPY, oil, the DB Energy ETF (DBE) and five energy-related ETFs since August 16th, which is when SPY peaked.... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe discusses the useful and powerful MACD indicator, explaining how it can move from an OB/OS oscillator to a Trend and Momentum Indicator. Using both price and ADX as supplemental tools, we can take advantage of MACD... READ MORE
In this week's edition of the GoNoGo Charts show, Tyler and Alex take a top down approach to the markets using GoNoGo Charts. Starting with the macro drivers such as Treasury rates, oil and the dollar and moving into a relative strength Sector RelMap, they analyze leaders and... READ MORE
The Biden administration declared an intermediate target in August 2021 that 50% of all new automobiles would be electrified by 2030. This transition to lithium-ion battery power will potentially guard against climate change and counter China's aggressive push into the global EV automobile market. Electric car efforts... READ MORE
On this week's edition of Trading Simplified, Dave continues to follow up with his "Next 100 Trades" series by discussing recent mystery charts with lessons on how to avoid putting capital into harm's way. In his "Mind The Trade" segment, he discusses... READ MORE
When we endure a lengthy bear market, many technical buy signals can be thrown right out the window. They don't work as pessimism and outright fear take over the market; instead, you have to be prepared for reversals based on extreme sentiment readings. Historically, Volatility Index ($VIX) readings... READ MORE
This may seem like a foolish title, given that the Fed could be about to raise short-term interest rates by as much as 75 basis points in September with further, but smaller, hikes following that. However, bonds revolve around the business cycle in a chronological sequence, as do stocks... READ MORE
Semiconductors have been a significant drag on Wall Street. Sister Semiconductors (SMH) needs to regain her -50week moving average to really see a major technical shift in the market. She is a good barometer of the overall direction of the stock market. The "Modern Family" comprises seven key... READ MORE
For the last three trading days the SPY decline has stalled, and price has settled on the 390 level, at which we can see an horizontal line of support and a rising trend line converging to support price. The VIX is somewhat oversold, but nothing to write home about. The... READ MORE
In this week's edition of StockCharts TV's Sector Spotlight, for the first Tuesday of September, I dive into the monthly chart, which was completed last Thursday. We kick off with a view of sector rotation using the newly added monthly time frame on Relative Rotation Graphs;... READ MORE
Yes, I'm very familiar with that old Wall Street adage, "Don't Fight The Fed!" But similar to the "Go Away In May" theory, I'm happy to poke holes in it. Rather than just blindly buy what the media is selling,... READ MORE
Although the markets ended flat on a weekly note, the past five sessions remained quite volatile. The markets stepped into the week while inheriting a very weak global trade setup; the weakness was inflicted by very bearish reactions of the US markets following Jerome Powell's comments at the... READ MORE
I find semiconductors to be an important group to watch, given that they essentially provide the "backbone" to our modern information economy. Pretty much every product we use at this point has a chip involved, so if chip makers are doing well, then I can assume the economy... READ MORE
Hello friends, Labor Day is approaching, and the market is closed in observation, so it's time for some fantastic fun, entertainment for everyone, and relaxation. I have been doing two videos a week along with the written commentary to introduce you to the one index and six sectors... READ MORE
DecisionPoint Diamonds scans have failed to produce. In order to get even a few results, we have had to ease the restrictions, particularly on EMA configurations. If we don't get scan results for "Diamonds in the Rough", we dive into the Industry Summary on StockCharts.com... READ MORE
On this week's edition of StockCharts TV'sThe MEM Edge, Mary Ellen reviews where upside resistance is for the S&P 500, as well as why Growth stocks are getting hit the hardest. She also shares select inverse funds to buffer your holdings. This video was... READ MORE
Recently, the market has been moving in ways that perfectly capture the Moxie setups and rules that TG has developed. On this week's edition of Moxie Indicator Minutes, TG stresses that when you see Moxie patterns line up in such clear ways, you really need to act on... READ MORE
The short-term trends for the big three are down (SPY, QQQ, IWM) and we are in a bear market. Over the last two weeks, the short-term trend (down) aligned with the long-term trend (down). This is a powerful combination that can lead to rising correlation among stocks.... READ MORE
Plotting the components of the Information Technology Sector against $ONE provides us with a sobering picture. Pretty much every single stock in that index is in a downtrend, inside lagging, and/or inside weakening (and very close to entering lagging). Plotting that same graph on a weekly timeframe shows almost... READ MORE
In this week's edition of the GoNoGo Charts show, Alex and Tyler examine the weight of the evidence and use GoNoGo to react responsibly to market trends. S&P 500 trends are in NoGo conditions across weekly, daily, and intraday timeframes. US Interest rates ($TNX) decisively broke... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows how to use the MACD indicator to zero in on the best trade locations. This indicator is a trend/momentum tool, but also functions as an overbought/oversold oscillator, and Joe explains when how to recognize... READ MORE
In today's video, I'm going to introduce you to my favorite way to explain markets, price action and where the market might be headed, plus cover a few technicals with you. We will talk with three finance experts within our Modern Family to find out more.... READ MORE
On this week's edition of Trading Simplified, Dave shows his methodology in action by sharing a new mystery chart, then follows up on his "Next 100 Trade" series. For the "Mind the Trade" segment (trading psychology), he reiterates an important question that you must... READ MORE
The big daddy of all market trends is the secular or very long-term one, and it's about to have a big influence as to whether the June low will hold, meaning prices are about to reach new all-time highs, or if we are going to return... READ MORE
In yesterday's DecisionPoint Trading Room (airs 3p ET), Carl took a close look at the VIX over the years. We discussed last week in our DecisionPoint Alert subscriber blog that sentiment simply wasn't THAT bearish yet. This chart really reflects what we're talking about.... READ MORE
In this week's edition of StockCharts TV's Sector Spotlight, I look at seasonality and try to align the theoretical expectations for the relative performance of sectors against the S&P 500 going into September with the current reality as it is playing out on the... READ MORE
I have created a video recap for today's daily; the link to watch is below. Transportation stocks are an excellent measure of industrial and manufacturing strength and supply and demand. In this video, I discuss the Transport (IYT) ETF, which is a good indicator of economic health, as... READ MORE
On this week's edition of The DecisionPoint Trading Room, Carl opens things with a discussion regarding the benefits of dividend investing, particularly if/when we finally begin to see an end to the current bear market conditions. He gives us his perspective on today's market action... READ MORE
Traders can improve the odds of success by focusing on ETFs in leading uptrends. TrendInvestorPro identifies such ETFs with a table that shows Trend Composite signals and the 52-week range indicator. These ETFs are then singled out for chart analysis and we are featuring the DB Energy ETF (DBE)... READ MORE
The week that went by fared very much on the expected lines. In the previous technical note, it was mentioned that, given the unabated up-move in the markets for a couple of weeks, perhaps it was time that the markets take a breather. In the week before this one,... READ MORE
Fed Chair Powell's comments today that bringing down prices "is likely to require a sustained period of below-trend growth and an increase in unemployment" brought the markets to its knees. The remarks increased fears of a prolonged rate-hike cycle which, in turn, pushed stocks... READ MORE
On this week's edition of StockCharts TV'sThe MEM Edge, Mary Ellen shares a key level that was broken in the S&P 500, as well as what to be on the lookout for going forward. She also reviews stocks that are bucking the downtrend and... READ MORE
Friday's sudden 3-4% drop felt like a wake-up call of sorts. At least it did for me, as I remained bearish through much of the recent rally phase. How could the market rally given all the macro headwinds -- inflationary pressures, higher interest rates, a hawkish Fed?... READ MORE
The Economic Modern Family tells us the macro story, and the charts are warning us. The indices and sectors closed the week lower and very stressed out. The speech by Fed Chair Powell on Friday clarified what some did not want to believe, while others knew and were prepared for:... READ MORE
Staying out of a sector can be as important as being in the right sector. This is particularly true for the Communication Services Sector, and has been for a long time already. The Relative Rotation Graph above shows the rotation over the last 30 weeks, starting the week of 1/... READ MORE
STOCKS SELL OFF FOLLOWING POWELL SPEECH... A modest rally attempt was turned back pretty decisively today following a speech by Fed chief Powell that sounded more hawkish than the market was expecting. Friday's heavy selling also reinforced the view expressed last Friday that the summer rally in stocks... READ MORE
Jerome Powell speaks at Jackson Hole later today. If he is somewhat dovish, TG wonders, will the market pop a little? But that pop might be into some major resistance. On this week's edition of Moxie Indicator Minutes, TG talks about how the Moxie Indicator is telling us... READ MORE
It's no secret that I've turned very bullish. I stuck my neck out and made my bullish call on June 16th -- right at the bottom. I've seen absolutely nothing to change my mind since that bottom. The biggest question to me is whether we... READ MORE
Determining the stride of an uptrend or downtrend is an essential Wyckoff technique. The stride of a trend is often set early in that trend and then prices can adhere to that pace of advance or decline for the majority of the bull or bear run. Trend determination techniques have... READ MORE