KEY TAKEAWAYS * Bristol Myers Squibb's share price is gaining technical strength. * Monitor the stock price of Bristol Myers Squibb, as it's on the verge of breaking out of its 52-week high. Bristol Myers Squibb (BMY) reported strong Q4 earnings earlier in February, and prospects remain strong... READ MORE
KEY TAKEAWAYS * The retail sector has been trading sideways for almost three years. * Wall Street sees moderate growth for retail in 2025. * Retail may be presenting both swing trading and position trading opportunities right now. As "economic softening" increasingly emerges as the prevailing narrative driving the markets, the... READ MORE
In this exclusive StockCharts video, Joe breaks down reverse divergences (hidden divergence), key upside & downside signals, and how to use ADX and Moving Averages for better trades! Plus, he examines market trends and viewer symbol requests! This video was originally published on February 26, 2025. Click this link to... READ MORE
KEY TAKEAWAYS * Following the two "confidence" reports over the last few weeks, investors appear to be expecting a recession. * Defensive stocks are starting to show early strength relative to cyclicals. * If we're on the verge of a sector rotation, there are several tools you can use... READ MORE
In this video, Dave breaks down bearish macro signals and risk management using the "line in the sand" technique! Learn how to spot key support levels, set alerts on StockCharts, and protect your portfolio! This video originally premiered on February 26, 2025. Watch on StockCharts' dedicated David... READ MORE
KEY TAKEAWAYS * Investors are worried about a weakening economy and other headwinds. * Looking under the hood can reveal the strength or weakness of the overall stock market. * Investors are rotating out of technology stocks and into more defensive sectors. The US Consumer Confidence Index® came in much lower than expectations,... READ MORE
The S&P Composite ($SPX) briefly touched a new all-time high last week, which sounds encouraging. However, that kind of action was limited, as neither the Dow Industrials nor the NASDAQ Composite reached record territory. Such discrepancies can always be cleared up, of course, but more troubling is the... READ MORE
In this video, Tony breaks down the big-picture market trends before diving deep into bullish and bearish setups for META, BIDU, AMGN, NVDA, DAL, and more! Get expert insights and key analysis you won't want to miss! This video premiered on February 24, 2025.... READ MORE
The complexion of the market is changing. Aggressive sectors which have led the market higher are now beginning to show signs of strain as momentum slowly dissipates and prices turn lower. However, defensive sectors (XLP, XLRE, XLV and XLU) are now leading the market. Typically when this occurs the market... READ MORE
In the later stages of a bull market cycle, we will often observe a proliferation of bearish momentum divergences. As prices continue higher, the momentum underneath the advance begins to wane, representing an exhaustion of buyers. We've identified a series of bearish momentum divergences in the early days... READ MORE
KEY TAKEAWAYS * Utilities entering the top-5 * Industrials dropping out of top-5 portfolio * Real-Estate and Energy swapping positions in bottom half of the ranking * Perfomance now 0.3% below SPY since inception. Utilities enter top 5 Last week's trading, especially the sell-off on Friday, has caused the Utilities sector... READ MORE
Let me start by reminding everyone that I believe the most important relationship in the stock market is how consumer discretionary stocks (XLY) perform relative to consumer staples stocks (XLP). This ratio (XLY:XLP) has a VERY strong positive correlation with the S&P 500. In other words, when... READ MORE
KEY TAKEAWAYS * Large cap growth stocks regaining favor as market faces pressure * Cap-weighted sectors outperforming equal-weighted counterparts * S&P 500 struggling to break above 610, suggesting potential trading range * Exceptions in mega-cap dominated sectors (Communication Services, Technology, Consumer Discretionary) With the market selling off into the close today, it&... READ MORE
The market declined heavily on Friday likely setting up for more downside ahead. We had already begun to notice that mega-cap stocks were beginning to weaken. You can see this on the relative strength line of the SPY versus equal-weight RSP. The relative strength line has been in decline. You&... READ MORE
KEY TAKEAWAYS * Gold and silver are crushing the commodities markets and the S&P 500. * Gold is hitting record highs, fueled by sentiment and speculation. * Consider the key levels to watch for investment opportunities in gold and silver. There's been a lot of wild speculation surrounding gold&... READ MORE
KEY TAKEAWAYS * Semiconductor stocks are waking up from a long slumber. * The StockCharts MarketCarpets tool can help identify the high performers. * Analyze each chart to identify trends and support or resistance levels. Disappointing guidance from Walmart (WMT) may have hurt the stock market on Thursday sending the broader indexes lower.... READ MORE
KEY TAKEAWAYS * Market breadth is improving in some stock market sectors. * Monitoring the Bullish Percent Index (BPI) can help you strategize your investments. * The broader stock market indexes are still bullish. On Wednesday, the Federal Reserve released minutes from its January 28–29 meeting. There weren't any surprises... READ MORE
KEY TAKEAWAYS * The US dollar is still in a bullish trend. * An analysis of a secular trend, primary trend, and short-term trend support the dollar's bullish case. * The Pring Dollar Diffusion indicator tends to lead the action of the US dollar and is indicating a bullish move ahead.... READ MORE
KEY TAKEAWAYS * Bearish momentum divergences suggest potential exhaustion of the bulls and limited upside. * Market breadth indicators have not confirmed recent highs, reflecting a lack of support outside the leading performers. * Dow Theory non-confirmation, a pattern first identified by Charles Dow, shows that market indexes are not confirming one another.... READ MORE
KEY TAKEAWAYS * SMCI shot up 110% following a 1,167% plunge. * While the company is projecting $40 billion in revenue by next year, many analysts aren't convinced (yet). * The price action, however, tells its own story and is a few levels away from a buy and an uptrend.... READ MORE
Learn how to build your confidence in the markets with this high probability of success strategy and how to find the best opportunities every day to earn consistent income with the tools available at StockCharts.com. This video premiered on February 18, 2025.... READ MORE
KEY TAKEAWAYS * Communication services (XLC) claims the top spot, pushing consumer discretionary (XLY) to second place * Technology (XLK) shows strength, moving up to fourth and displacing industrials (XLI) * Industrials displaying weakness, at risk of dropping out of the top five * RRG portfolio outperforming SPY benchmark by 69 basis points Shifting... READ MORE
For us at EarningsBeats.com, earnings season is the time to do our research to uncover the best stocks to trade over the next 90 days, or earnings cycle. We do this in various ways. Our flagship ChartList is our Strong Earnings ChartList (SECL), which honestly is nothing more than... READ MORE
It was another mildly bullish week as our major indices climbed very close to new, fresh all-time highs. We also saw a return to growth stocks as we approached breakout levels, which is a good signal as far as rally sustainability goes. Despite this, there remain reasons to be cautious... READ MORE
The Indian equity markets remained under pressure over the past five sessions, witnessing sustained weakness throughout the week. The Nifty50 faced resistance at key levels and struggled to find strong footing as it tested crucial support zones on two separate occasions. Market volatility surged significantly, with India VIX rising by... READ MORE
KEY TAKEAWAYS * The stock market has been trading sideways for an extended period. * Tariffs, deregulation, inflation, and tax cuts are likely to occupy investors' minds for the next few years. * Monitor the charts of the broader stock market, inflation expectations, and industries that are likely to benefit from the... READ MORE
KEY TAKEAWAYS * We can use the slope of moving averages, as well as a simple crossover technique, to define trends and identify trend changes. * Our Market Trend Model uses exponential moving averages, as they are more sensitive to changes in market direction. * Based on our Market Trend Model, the S&... READ MORE
As part of the DP Alert, we cover Bitcoin and the Dollar every market day. We have been watching some bearish indications on both Bitcoin and the Dollar with the double top chart patterns. On Bitcoin, price has been moving mostly sideways above support at 90,000. This happens to... READ MORE
KEY TAKEAWAYS * Price represents a distillation of all news, events and rumors. * Our job is to set biases aside and focus on price action. * Chartists should focus on uptrends, relative strength and bullish setups. The news cycle is in high gear lately, leading to some extra volatility. Traders reacting to... READ MORE
KEY TAKEAWAYS * Markets plunged early Wednesday morning following a hotter-than-expected CPI report. * The Real Estate sector was among those hit hardest. * These stocks, filtered using a bearish New 52-Week Lows scan, display bottoming opportunities. Not everyone likes to take a contrarian stance. Most people prefer to move with the market,... READ MORE
KEY TAKEAWAYS * Intel stock has seen strong upside movement for four consecutive days. * Intel's stock price is hitting its 200-day moving average resistance. * If INTC stock breaks above its 200-day moving average and its next resistance level, considering accumulating INTC shares in your portfolio. Intel's stock... READ MORE
In this exclusive StockCharts video, Joe shows how the 4-day moving average can be useful especially in volatile markets. He explains the advantages of using it in conjunction with the 18-day MA to prevent buying at the wrong time and highlighting when good opportunities appear. He then goes through the... READ MORE
KEY TAKEAWAYS * META and NFLX remain in strong uptrend phases, with limited drawdowns in 2025. * Four of the Mag7 names can be classified as "broken charts", with recent breakdowns representing an important change of character. * AMZN and GOOGL offer perhaps the most concerning short-term patterns, with bearish momentum... READ MORE
KEY TAKEAWAYS * Trump's announced 25% tariffs on steel and aluminum imports are boosting domestic steel producers. * STLD, NUE, and NEM jumped significantly relative to its peers. * All three stocks may be approaching buy levels, but only under specific conditions. On Monday morning, President Trump announced plans to impose... READ MORE
KEY TAKEAWAYS * NVDA stock is staying within clear support and resistance levels. * NVDA's stock price is approaching a position of strength. * If NVDA's stock sees upside momentum, it may be time to accumulate positions. Do you remember when NVDA stock had a very high StockCharts Technical... READ MORE
In this video, Dave breaks down the formerly high-flying Mag 7 stocks into three distinct buckets. These include long & strong (META, NFLX & AMZN), broken down (TSLA, AAPL, MSFT & NVDA), and questionable (GOOGL). He also shows how GOOGL is not the only leading name featuring a bearish momentum... READ MORE
The nickname "Dr. Copper" comes from its reputation as a reliable economic indicator. That's because it is used worldwide in a wide range of industries, including construction, electronics, and manufacturing. When demand for the red metal is high, it often signals that these industries are booming,... READ MORE
In this video, Tony highlights important moves in equities, then shares the OptionsPlay research report for bull/bear plays. Tony then spends time on NVDA, highlighting the importance of staying on top of the AI revolution. He also looks at key stocks like V, BA, META, and more. This video... READ MORE
Have you ever held on too long to a winning position? You watch as that former top performer in your portfolio slows down, and then rotates lower, and then really begins to deteriorate, and you just watch it all happen without taking action? If the answer is "yes"... READ MORE
The market rebounded to start trading on Monday, but indicators on Friday suggest internal weakness. Carl gives us his latest analysis on the market as well as taking a look at Gold which is making more all-time highs. Get Carl's perspective on the Gold rally. Besides looking at... READ MORE