In this edition of StockCharts TV's Sector Spotlight, I look at current rotations in asset classes and sectors and highlight some changes in relative movements against the S&P 500 index. After the break, I bring up my 3-D visualization of (sector) seasonality and see if any... READ MORE
The Relative Rotation Graph for US sectors shows an interesting clustering of sectors close to the benchmark at the start of this week. I have highlighted this cluster in the RRG above. The chart below zooms in on those three sectors that are more or less overlaid on each other... READ MORE
In this episode of DecisionPoint, Carl covers the major market and gave his take on the current conditions for the "Big Four"--Dollar, Gold, Oil and Bonds. A new Price Momentum Oscillator (PMO) SELL Signal has appeared on Oil. Erin analyzes the hot Home Builder industry group and... READ MORE
Monday was a roller coaster ride for traders, with a steep late morning selloff followed by a steady wave of buying until the closing bell. Highly volatile days can be great for making quick trades, but can also come with increased risk, as we saw. The fast-moving pace can easily... READ MORE
We like to monitor broad market participation, asking how many stocks are actually taking part in a market advance. A good way to do this is to track the percentage of S&P 500 stocks that are above their 20EMA (short-term), 50EMA (medium-term), and 200EMA (long-term). On the chart... READ MORE
I have written countless articles on the art of buying stocks in a short squeeze or on the verge of being in a short squeeze. The results can be truly astounding. I'm going to walk you through three recent short squeezes. If you owned ANY of these three... READ MORE
In the previous week's note, it was mentioned that the markets have shown first signs of fatigue as they marked the high point of 14653. This was the point where profit-taking bouts emerged. Over the week that went by, the markets did make some incremental highs; however, they... READ MORE
Last week, I recorded a 40-minute presentation with my friend Bruce Fraser on the 2021 outlook. It's currently being featured on StockCharts TVand calls for a significant extension to the bull market. We present a number of long-term charts featuring several indicators whose bullish signals have consistently been... READ MORE
Earnings season is off to the races, with Netflix (NFLX) flexing its muscles last week as it beat expectations all the way around, rising 18% at its peak the day after its numbers were released. Netflix isn't the only company to report strong earnings. JP Morgan (JPM) and... READ MORE
I believe it is time to revisit the Rydex Ratio sentiment chart. A few DecisionPoint.com subscribers have noticed how overbought it has become; I wrote about it in last week's DP Weekly Wrap for subscribers of the DP Alert. Thursday night (1/14), after the latest asset... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares what's pushing stocks much higher after they release their earnings reports and why. She also reviews last week's move away from cyclicals, as well as stocks that have just broken out of a... READ MORE
Recently, our proprietary momentum indicator RealMotion, seen in the chart above, has shown a divergence in momentum and price for the transportation sector (IYT). While the price of IYT currently sits above the 50-day moving average, it has broken the 50-DMA on momentum. However, the warning only holds weight if... READ MORE
The Semiconductor ETF (SOXX) and several other ETFs are on a serious roll in 2021. For the fourth time since 2009, 14-day RSI was above 70 for ten or more days. This is an exceptional streak, but SOXX is not alone and there are even longer streaks. The following list... READ MORE
BITCOIN RETESTS JANUARY LOW... Bitcoin remains in a downside correction that started earlier in January. And it's testing some important support levels. The daily bars in Chart 1 show bitcoin testing a couple of support levels formed earlier in the month (horizontal lines). It's also nearing... READ MORE
In this week's edition of Chartwise Women, Mary Ellen and Erin examine what's driving the rotation into new sectors and how you can take advantage. They also delve into the top industries within these leading sectors, as well as individual stocks. This video was originally broadcast... READ MORE
The most widely followed Dow Jones index is the Dow Jones Industrials Average. But, in reality, this is only one of three averages that make up the Dow Jones Composite average. The other two are the Dow Jones Transportation and the Dow Jones Utility averages. The RRG above shows the... READ MORE
BIT TECHS ARE DOING BETTER... The largest technology stocks have been trading sideways over the past few months while the rest of the market has been rallying. The last two days, however, are showing money starting to flow back into some of the biggest tech stocks. Chart 1 shows Apple... READ MORE
Wednesday's inauguration marks an interesting time for the economy. The new administration has shown that clean energy tech is on the table as a way to push for new jobs in the industry, along with focusing on climate change policy going into the new year. The Nasdaq 100... READ MORE
The transportation sector (IYT) closed .36% lower Tuesday. It was the only member of the Economic Modern Family to end the day red. On the other hand, the retail sector (XRT) ended almost a half percent higher. Because of how retail and transportation are interconnected via supply and demand, watching... READ MORE
In this edition of StockCharts TV's Sector Spotlight, I highlight the rotations of last week and zoom in on a few sectors to put things in a slightly longer perspective. After the break, I answer two questions from the mailbag, explaining how you can find the symbols covering... READ MORE
In today's episode of Sector Spotlight, I promised, time permitting, to have at least one change in the RRG L/S basket that I am maintaining in the show and my blogs. Obviously, time did not permit me to cover it during the show, so I am writing... READ MORE
Last week, I recorded a 40-minute presentation with my friend Bruce Fraser on the 2021 outlook. It's currently being featured on StockCharts TVand calls for a significant extension to the bull market. We present a number of long-term charts featuring several indicators whose bullish signals have consistently been... READ MORE
Back in early December, we discussed the three signals we would need to see to turn bullish on gold and gold stocks. Although the picture for gold turned more positive that month, a failure at resistance and a return below the 200-day moving average suggest further weakness may be in... READ MORE
Follow my logic: You expect ENPH to go higher, so you buy 10 calls at XX strike price on ENPH. The market maker that sells you those 10 contracts employs a covered call strategy and buys 1000 shares of ENPH. (This protects the market maker as ENPH's stock... READ MORE
We all knew it was coming - or at least we should have. Industries that struggled throughout the pandemic and restrictions would come back to life once positive vaccine news hit and we could see the light at the end of the tunnel. But let me caution you first. They... READ MORE
Visual chart analysis is prone to subjectivity and biases. While we cannot completely remove subjectivity, we can approach chart analysis in a systematic fashion and increase objectivity. This commentary will show an example using the Home Construction ETF (ITB) because the ETF has traded flat since mid October. Is this... READ MORE
You might think the stock market is really unpredictable and, for the most part, I'd agree with you. But when we get to options expiration week, there is a consistent theme that emerges nearly every month. The market makers are looking to steal you blind. Once per month,... READ MORE
Although the Indian equity markets extended their weekly gains, they showed the first signs of impending broad consolidation, spending much of the last three days correcting from the higher levels. The start to the week was buoyant; however, after marking the week's high at 14653, the NIFTY continued... READ MORE
It was another winning week for most of the stocks from my bi-weekly MEM Edge Report. In fact, over 74% of the Suggested Holdings from this report outperformed the broader markets, some doing so by a very wide margin. Today, I'm going to share with you some of... READ MORE
On Friday, three of the major indices gapped lower, ultimately closing negative for the week. The Russell 2000, although down on Friday, closed up on the week. With the media pointing to a slew of reasons for the price drop, like negative bank earnings, slow vaccination rates, fall in retail... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares 2 groups that are turning after Biden's stimulus plan was released. She also reviews how to successfully trade stocks going into earnings season, as well as 1 major pocket of strength and how to capitalize.... READ MORE
The last three months have seen rising stock prices. What's especially encouraging is which sectors have led the market higher. Chart 1 plots the sector performance over those three months. The top five sectors have been energy, financials, materials, industrials, and consumer cyclicals. All five are economically-sensitive stock... READ MORE
All of the stocks and ETFs in our 5 current portfolios are "drafted" in real time during our members-only events that we hold quarterly. I don't Monday Morning quarterback; I listen to what Wall Street is saying and stick with the themes that are driving big... READ MORE
FACT: If you investigate the skill sets of the top tier General Managers of your favorite pro sports league, you'll recognize uncanny parallels to the top tier traders described in the Market Wizard books. This is not a coincidence. Some 20 years ago, I discovered a breakthrough that... READ MORE
Back in early December, we discussed the three signals we would need to see to turn bullish on gold and gold stocks. Although the picture for gold turned more positive that month, a failure at resistance and a return below the 200-day moving average suggest further weakness may be in... READ MORE
Relative Rotation Graphs, or RRGs, can help you get a better view of the big picture. One of the RRGs I often use to get a handle on international developments on stock markets around the world is to pull up the Relative Rotation Graph for international stock market indexes, as... READ MORE
In this week's edition of Chartwise Women, Erin and Mary Ellen show ways to boost your portfolio by taking advantage of the many strong outperformers in the Healthcare sector. They then take a deep dive into the sector and their favorite industry groups, looking at the best vaccine... READ MORE
One of the Relative Rotation Graphs that I like to keep an eye, in order to monitor the bigger picture, is the RRG that shows the rotations for international stock market indexes against the DJ Global index, as shown above. What we see here is a cluster of markets inside... READ MORE
ECONOMICALLY-SENSTIVE GROUPS HAVE BEEN MARKET LEADERS...The last three months have seen rising stock prices. What's especially encouraging is which sectors have led the market higher. Chart 1 plots the sector performance over those three months. The top five sectors have been energy, financials, materials, industrials, and consumer... READ MORE
TRANSPORTS HIT NEW RECORD... It's usually a good sign to see more economically-sensitive groups hitting new highs, while more defensive groups are lagging behind. Two examples of that are seen by comparing the transportation stocks and utilities. Chart 1 shows the Dow Transports hitting a new record again... READ MORE