The market digests its recent highs amidst a rush of politically-charged news as more riots and a second impeachment dominate headlines. We believe the market is more focused on the economic plans of the incoming administration and not as much on the politics at hand. The marijuana industry can attest... READ MORE
In this edition of Trading Simplified, Dave shows many recent trades that have turned into big winners (and a few that have the potential to become big winners down the line). These were all found using simple patterns discussed in previous shows. Further, all of the stocks were discussed before... READ MORE
GRAIN MARKETS ARE IN NEW UPTRENDS... Higher commodity markets are starting to attract more attention because of the potential for higher inflation. Past messages have written about new uptrends in energy markets or industrial commodities like copper. Some of the biggest gains, however, are being seen in agricultural markets, and... READ MORE
I wrote about a pending short-term correction in AAPL shares a couple weeks ago right here in the DITC blog. My article, "Apple (AAPL) Prints Reversing Candle, Short-Term Selling Possible", illustrated the reversing dark cloud cover candle that had taken place at key price resistance established at the... READ MORE
Back in early November, I wrote an article entitled,Confidence is Breaking Out all Over, Which is Bullish for Stocks/Commodities and Bond Yields, where I examined several intermarket relationships that monitor confidence. Since then, all three markets have rallied, but a further review of some of these relationships presents... READ MORE
Grandad Russell 2000 (IWM) and Granny Retail (XRT) make the Perfect Power Couple. The Russell 2000 (IWM) followed his wife (XRT) Retail, to new highs today while major indices sit under their recent highs. Granny's enthusiasm has not only encouraged Grandad to get back up since his recent... READ MORE
On January 4th BOK Financial (BOKF), PacWest Bancorp (PACW) and super regional bank SVB Financial (SIVB) all received analyst upgrades. BOKF and PACW were increased to ‘Overweight' status. The Financial sector (XLF) and bank industry groups are in constructive uptrends. Using Wyckoff Methodology technique can we confirm the timeliness... READ MORE
In this edition of StockCharts TV's Sector Spotlight, I talk you through the recent rotations in asset classes and US sectors, then look at growth vs value rotation, as well as the rotation of the US vis-a-vis international stock markets. After the break, I dive into the current... READ MORE
With another year in the books, we think it is a good time to provide an update on our rules-based trend following strategies, and why we think they are a better approach to investing. Let's start with a 2020 market recap. A passive buy & hold investor in... READ MORE
ENERGY ETFS CONTINUE CLIMBING... Energy stocks continue to show new market leadership. That leadership is reflected in two energy ETFs that may be nearing some upside breakouts, and one having already achieved one. Chart 1 shows the Energy Sector SPDR (XLE) trading at the highest level in more than six... READ MORE
On an almost daily basis we hear experts on the subject complaining that this the most overvalued market ever. While our chart doesn't quite confirm that claim, we would agree that it could easily be true using a different methodology. And there is no question that the market... READ MORE
This week, the tails for Growth and Value are crossing over. Value is moving into the leading quadrant while Growth crosses from weakening into lagging. This rotation has been going on for quite some time already and was picked up by the RRG Lines and the rotation of the tails... READ MORE
Any time that it behooves market makers to direct prices lower, I get nervous. So that means I get nervous as we approach the 3rd Friday of every calendar month (monthly options expiration day), especially if we've seen a nice advance leading up to it. If you'... READ MORE
In this episode of DecisionPoint, Erin flies solo, bringing quite a few trading ideas into the show. As far as the market overall, the bullish bias has returned. What does that mean for Gold, Silver and the Gold Miners? Reviewing sector rotation, it is clear that defensive sectors of the... READ MORE
A week or so ago, silver was all the rage. The talk ranged from an inflation indicator, to the industrial usage to the outperformance to gold as key. Then, last Friday, silver (and gold) tanked. Silver breached the 50-DMA but closed above it. Monday, it also declined, but not only... READ MORE
BITCOIN CORRECTS VERY OVERBOUGHT CONDITION...The rally in bitcoin over the past year has been nothing short of spectacular. The daily bars in Chart 1 show how big that gain has been. Prices have gone from $4000 in the spring to $40000 last week. It also doubled in price from... READ MORE
Whether you're investing in individual stocks or ETFs, finding that next BIG winner makes a huge difference in your absolute results and your relative results vs. a benchmark like the S&P 500. At EarningsBeats.com, we spend a great deal of time researching stocks and reviewing... READ MORE
In a week that was a bit more volatile than the previous one, the Indian equities continued with their up move, ending once again on a lifetime high point. The trading range also widened over the past five sessions as the Index oscillated in the range of 414 points. On... READ MORE
Last month, the U.S. Government suffered its worst cyberattack in history, with many federal agencies being targeted by suspected Russian hackers. The major data theft and security breach has corporations, as well as the government, ramping up spending to protect themselves. And with estimates calling for a 20% increase... READ MORE
Prices are determined by the attitude of market participants to the emerging fundamentals. Fortunately for us technicians, these attitudes move in trends, and once a trend gets underway it tends to perpetuate. Provided it is not overstretched, we can reasonably assume that that trend will continue. It's in... READ MORE
In my last ChartWatchers article, I mentioned that we had started a new ETF feature of the EarningsBeats.com service. This new feature is meant for those individuals who are interested in putting capital to work in ETFs as part of their trading strategy. Our first ETF Portfolio consisted of... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen examines new areas of leadership as the markets respond to a full-blue Senate and House. In addition to highlighting specific stocks, she also shares how to screen for top candidates among new leadership areas. This video was originally... READ MORE
It is only the end of the first week of January, and already many of our picks in Mish's Outlook 2021 have made big money. However, in Friday's StockCharts TV video, Mish picks out 17 of the 57 stock picks and showed you the charts along... READ MORE
It is hard to see any downside when you're making a lot of money, which is why people can't resist a bubble. From the Tulip Mania, to DotCom Fever, to the Real Estate Crisis, for many people the appeal of easy and fast money cannot be... READ MORE
Tech-related ETFs are lagging over the last few weeks, but they are still in uptrends overall. This means bullish setups still matter so today we will look at a classic mean-reversion setup in the Software ETF (IGV). The IGV setup came to light through the ETF Ranking, Trends and Setups... READ MORE
The demon lies within. Listen, I know because I've had to overcome this demon. Stock market success - true, sound, market-beating success - didn't occur until I realized one thing. The stock market, collectively, is smarter than me. When I began constructing our stock portfolios at... READ MORE
Mish's Market Minute Advantage members bought DDD on November 9th. Then, the service added to the position on Wednesday, January 6th. Furthermore, Mish went on Real Vision on the 5th and told those attendees that she believed the stock would double. Who could have imagined the stock would... READ MORE
In this week's edition of Chartwise Women, Mary Ellen and Erin start the new year by reviewing which sectors have the most upside potential following recent election results. They also share top candidates in those sectors and ways to screen for potential winners. This video was originally recorded... READ MORE
On the weekly RRG, XLB is inside weakening but rotating back towards the leading quadrant. On the daily RRG, XLB is pushing rapidly into leading from improving. This alignment makes the sector very interesting to watch in the coming days/weeks. It is one of the seven sectors that are... READ MORE
Imagine you're in a crowded theater, there's one small exit in the lower corner and someone yells, "FIRE!" Or perhaps you're the bottom grain of sand in an hourglass. That's what many of the short sellers likely feel like today... READ MORE
Last night as I studied the 5-month candlestick chart, I debated whether to adjust the trendlines on the rising wedge that we've been monitoring. I was seeing a possible rising trend channel. I still believed there were enough bearish technicals, like an OBV negative divergence and a PMO... READ MORE
Prices are determined by the attitude of market participants to the emerging fundamentals. Fortunately for us technicians, these attitudes move in trends, and once a trend gets underway it tends to perpetuate. Provided it is not overstretched, we can reasonably assume that that trend will continue. It's in... READ MORE
In this edition of Trading Simplified, Dave continues discussing how to find and trade hot IPOs, including tips and tricks for trading them that Dave himself has found very useful of late. Dave also looks at a new Mystery Chart. This video was originally broadcast on January 6th, 2021. Click... READ MORE
10-YEAR TREASURY YIELD EXCEEDS 1%... Bond yields and stocks are climbing sharply today on hopes for more stimulus spending. And the market is being led higher by more economically-sensitive stocks like financials, materials, energy, and industrials. Financials in particular are getting big boost from rising bond yields. Chart 1 shows... READ MORE
Happy New Year!!! Those of you who watch my weekly show Sector Spotlight on StockCharts TV will know that, towards the end of every month, I look at the seasonality for sectors going into the new month and then try to combine that with the actual rotations that are taking... READ MORE
All the major indices closed with an inside day, meaning that today's price range fits completely inside the prior days price range. This can be seen in the above 4 charts. Monday also brought us a new calendar range, as it was the first trading day of the... READ MORE
In this edition of StockCharts TV's Sector Spotlight, I take a look at the rotations that took place in Asset Classes and Sectors during the last two weeks of December. After the break, I dive into the long-term trends for those asset classes and sectors using monthly charts.... READ MORE
The market opened the year with a bang as the SPY experienced an onslaught of selling. In this episode of DecisionPoint, Carl and Erin review the price action in conjunction with their indicators to determine if this is the beginning or the end of this selling climax. They take a... READ MORE
GOLD AND SILVER SURGE... A couple of recent messages described the price of gold being in a downside correction but finding support near its 200-day moving average. The most recent message showed both metals gaining more ground which suggested that their correction might be ending. Both precious metals are surging... READ MORE
In this special episode of Real Trading with Larry Williams, Larry presents his forecast for the coming year in the markets. He reviews his 2020 forecast, goes over what he thinks is going to happen in 2021 and shows how you can better understand the future of the markets. This... READ MORE