In this episode of DecisionPoint, Carl and Erin thoroughly review market price action and indicators in all timeframes. Carl spends some time discussing his sector chart annotations spotlighting Communications (XLC) and Technology (XLK). Of particular concern are the Swenlin Trading Oscillators, short-term indicators that have been quite prophetic at market... READ MORE
The Healthcare SPDR (XLV) formed two bullish continuation patterns within its long-term uptrend and recent breakouts bode well for further gains. First and foremost, the long-term trend is up for XLV. The ETF is above its rising 200-day SMA and within 1% of its January high, which was a 52-week... READ MORE
Investing isn't easy and there are so many choices, even if you narrow your choices and are only looking at ETFs (Exchange-traded funds). The number of ETFs is staggering. How do you put a portfolio together to match your own personal investing style? That's a difficult... READ MORE
In a trading range that was wider than the previous week, the Indian equities did not make any directional headway and ended on a flat note over the past five days. On the expected lines, the NIFTY oscillated in a wider range, but stayed within the falling channel that the... READ MORE
Institutions have increased their cash balances by 9% since the beginning of this year*. This brings their total cash pile to $3 trillion, which represents lots of potential firepower for equity gains as this money gets put to work. For those who follow the markets closely, you'll know... READ MORE
When I see a long-term winning stock sell off for a period of weeks, or even months, I always question the motive. If institutions want to buy a large position in a company, it takes time to do so. They don't simply put a market order in for... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares high growth areas of the market that are just beginning to reverse their downtrends, while also reviewing select stocks in those areas. She also reveals a must-run screen to help you as we enter into earnings season.... READ MORE
This past Thursday, I was one of the guest hosts to fill in for David Keller on The Final Bar, as Dave was enjoying a week off. Of course I brought RRG to the show, but I also wanted to add a bit of educational content on how to use... READ MORE
Last week's focus was the Russell 2000 (IWM), Transportation ETF (IYT) and Semiconductors ETF (SMH). IWM has shown us general market direction and sentiment as it contains 2000 small-cap U.S companies. IYT is the backbone or demand side of the economy as the U.S opens with... READ MORE
You may ask why I used the qualification of "the most overvalued advancing market." On the chart below the current P/E Ratio is only exceeded twice, but both times it happened while the market was crashing -- the dotcom crash from the 2000 top, and the financial... READ MORE
In this week's edition of Chartwise Women, Mary Ellen and Erin review areas of the market that are poised to outperform as consumers shift their focus toward being able to spend leisure time in public places. They also share ways you can screen for these stocks going forward.... READ MORE
The gold price peaked last August and has been zig-zagging down ever since. The approximate loss from the high has so far been just north of 15%. During that period, sentiment numbers have been slowly eroding, but not to bearish extremes, so is now a good time to buy? It... READ MORE
APPLE MAY BE BOTTOMING... Chart 1 shows Apple (AAPL) in a downside correction since late January. That correction has taken the stock back down to its 200-day moving average which has acted as a long-term support line. Assuming that its long-term trend is still up, this would be a logical... READ MORE
In this edition of Trading Simplified, Dave continues his discussion about portfolios and shares some examples of swing trades that turned out fantastic longer-term trades. Dave also follows up on a mystery chart that ended badly, and finally takes a look at profit centers and alt coins. This video was... READ MORE
The FOMC Minutes report released Wednesday stated little to no change. Rates will stay low until 2023 and the monthly $120 billion bond-buying program will stay in place. The Fed has been hesitant to change any fiscal policy as it has been very attentive to the economic recovery. However, this... READ MORE
% OF S&P 500 STOCKS ABOVE 50-DAY AVERAGE IS HIGH... Market breadth figures for the stock market remain quite strong. A couple of them, however, suggest that the market may be stretched on the upside. Chart 1 shows the percent of S&P 500 stocks above their 50-day... READ MORE
It is the last Tuesday of the month, and that means looking at seasonality! In this edition of StockCharts TV's Sector Spotlight, it's time to go over some monthly charts! As usual, Julius brings two batches of monthly charts to the show: one for Asset Classes,... READ MORE
On Monday, we talked about the momentum in the Transportation (IYT) and Semiconductors (SMH) sectors, which showed strength when compared to the Russell 2000 (IWM). On Tuesday, IYT closed near Monday's low, making it a potential bearish engulfing day. Meanwhile, SMH failed to clear resistance at $258.59.... READ MORE
Every first Tuesday of the month, I look at Asset Classes and Sectors' developments using monthly charts. This start-of-the-month routine keeps me on track of the longer-term developments in terms of price trends. Yes, Relative Rotation Graphs are all about relative trends and relative strength. And I consider that... READ MORE
In this episode of DecisionPoint, Carl and Erin review the surge to new all-time highs and reveal the indicators that are confirming this breakout. There are a few problem indicators, but in general the market is looking healthy. Hear their outlook for the SPY moving forward. Erin highlights Semiconductors and... READ MORE
SMH and IYT are the strongest members of the Economic Modern Family, as they are both in a bullish phase in price and in momentum. We are measuring momentum based on MarketGauge's proprietary indicator RealMotion. RealMotion was designed to show hidden strength/weakness in a security based on... READ MORE
CONSUMER DISRETIONARY SPDR NEARS OLD HIGH...Stocks are trading sharply higher today following a strong jobs report on Friday and news today of a stronger service economy. The Dow and S&P 500 are trading in record territory and the Nasdaq isn't far behind. Nine of the... READ MORE
We had quite an end to the holiday-shortened week after Biden unveiled his infrastructure bill. The $2.3 trillion plan not only proposes to invest in infrastructure and climate change, but a large portion of funds are allocated for 5G/broadband expansion across the U.S. Each of these areas... READ MORE
The previous week was a short and truncated one with just three working days. The NIFTY stayed volatile on the expected lines and danced to yield and a stronger dollar on the expected lines, but continued to post some gains. On the weekly charts, the Index stayed much in a... READ MORE
In today's "Diamond Mine" Trading Room (DP Diamonds subscribers only), I was asked if it was time to go long on Gold given its rally this week. Well, if we are talking about "longs," we should start at the monthly chart and work down... READ MORE
The Nasdaq 100 ETF (QQQ) represents the largest stocks in the Nasdaq and the Nasdaq 100 Next Gen ETF (QQQJ) covers the next 100 (101 to 200). Stocks at the top of the latter group are knocking on the door and trying to fatten up for inclusion into the legendary... READ MORE
Why am I always so bullish? I'm asked this question in many different ways, but I'm very happy to explain my stance - and it's quite simple. Because the stock market goes up a WHOLE LOT MORE than it goes down. Instead of constantly... READ MORE
I love earnings season. Perhaps it's the CPA inside of me, having practiced in public accounting for a couple decades. Maybe it's the excitement of new fundamental information being released that alters the valuation of companies. But mostly, I think, it's the short-term inefficiency... READ MORE
StockCharts.com's bookstore is offering a limited time, very low price on both books. See the end of this article for details. The success of the first edition (1992) originally called Candlepower, and the second edition (1995) made the decision to do an expanded third edition easy. I... READ MORE
On Thursday, both the Russell 2000 (IWM) and the Nasdaq 100 (QQQ) cleared major resistance levels from the 50-day moving average. In many traders/investors' minds, this has opened the bullish floodgates with new highs in view. Additionally, the High Yield Bond ETF (JNK) is holding over its 50-DMA.... READ MORE
In this week's edition of Chartwise Women, with President Biden's infrastructure plan laid out, Erin and Mary Ellen share the stocks that are pivoting back into favor. They review what sectors and industry groups to watch and the stocks that are likely to benefit from his... READ MORE
With the S&P 500 jumping to new highs, it's interesting to see how that impacts the position and the rotation of the US vs. the rest of the world. The RRG above visualizes that. The highlighted area shows both the S&P and the Candian... READ MORE
Many of you may be unaware of the fact that StockCharts has a small database of economic indicators. (You can find them by searching for symbols that begin with $$.) This week, I ran through a number of series to see if any could be useful from a long-term stock market... READ MORE
In this edition of Trading Simplified, Dave is ready to share a plethora of lessons with you. First up, after a brief market update, Dave continues his series "If I Can Do It So Can You; Letting The Ebb and Flow Control Your Portfolio." He finishes with Mystery... READ MORE
TECHS ARE HAVING A STRONG DAY... Technology stocks are the day's strongest sector which is helping boost the Nasdaq market. As a result, the Nasdaq is leading today's rally. Chart 1 show the Invesco QQQ Trust trading 1.8% higher today and nearing a test of... READ MORE
Last Thursday, the retail sector ETF (XRT) opened near its 50-day moving average. It closed with a large range on increased volume, which was a good sign of strength. Though it has not made a decent-sized move since then, it has been holding its current price level. Another factor is... READ MORE
It is the last Tuesday of the month, and that means looking at seasonality! In this edition of StockCharts TV's Sector Spotlight, after an overview of last week's rotations and performances for asset classes and sectors, I bring up his 3-D visualization for sector seasonality and... READ MORE
SOUTHWEST AIRLINES CLEARS OVERHEAD RESISTANCE... Airlines stocks continue to gain more ground. Although the entire group is rising, three in particular caught my eye. The weekly bars in Chart 1 show Southwest Airlines (LUV) having cleared resistance along its early 2020 peak and reaching the highest level in more than... READ MORE
The seasonal trends for sectors vs. the S&P 500 going into April show many 50/50 odds for out- or underperformance. But the two sectors that stand out are interesting and important ones. Seasonality for Communication services shows that this sector outperformed 67% of the time in April... READ MORE
In this episode of DecisionPoint, Erin flies solo and gives us an in-depth market review of the SPY, The Big Four (Dollar, Gold, Crude and Bonds) and a thorough sector review. As part of the sector review, she demonstrates how she mines for her "Diamond of the Week."... READ MORE