A month ago, we provided our EarningsBeats.com members a list of 20 companies that have historically performed well in the month of November. One of the stocks was TransDigm Group (TDG), and it only takes a quick glance at the seasonality chart to see why it was featured at... READ MORE
The decline in the U.S. dollar continues. Chart 1 shows the Invesco US Dollar Index (UUP) dropping to the lowest level in two years. Previous messages have described some of the intermarket side-effects of a weaker greenback. One of them is that it's usually good for foreign... READ MORE
In this special workshop episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares the common characteristics of stocks that far outpace the broader markets. She also presents ways that you can screen for these big winners. This video was originally recorded in mid-November and broadcast on November 27th,... READ MORE
Boring and lagging ETFs turned into exciting leaders in November as we saw breakouts in the Regional Bank ETF (KRE) and REIT ETF (IYR). The breakouts are bullish and IYR has a short-term bullish continuation pattern working, but we should not forget about the prior leaders and ETFs with real... READ MORE
Last September, I pointed out herethat the ratio between the S&P Composite and the MSCI World Stock ETF (SPY/ACWI) had reached a critical juncture and needed an immediate rally in order to avoid an important sell signal. That point has been flagged with the green arrow. As... READ MORE
DOLLAR DROPS TO TWO-YEAR LOW... The decline in the U.S. dollar continues. Chart 1 shows the Invesco US Dollar Index (UUP) dropping to the lowest level in two years. Previous messages have described some of the intermarket side-effects of a weaker greenback. One of them is that it'... READ MORE
With returns in the Energy sector flying off the charts, I want to track developments in individual stocks within the sector closely. This is particularly true because the rotation of the sector on the weekly Relative Rotation Graph is still not very strong. The weekly tail on XLE is shown... READ MORE
In this archived edition of Chartwise Women, Mary Ellen and Erin examine the topic of bringing women into the investing arena using a preview of their MoneyShow presentation. Mary Ellen discusses the dangers that can come from waiting to begin investing and Erin looks at some case studies. This video... READ MORE
The market rotation of late has resulted in some explosive moves in some "forgotten stocks." This has been particularly true of those stocks that have a high percentage of shares short. As an example, take a look at the two charts below. Both of these stocks are on... READ MORE
As we head into the Thanksgiving holiday here in the U.S., we cannot help but think how grateful we are in the midst of so much stress. For starters, we are grateful to you - our folks who publish and post our daily, plus our readers, members, followers and... READ MORE
We have all heard that "a rising tide raises all boats," and at DecisionPoint.com we have come to think of the direction of the market tide as being a bias that can benefit or work against our trading positions. As regular market participants, we may have a... READ MORE
In this edition of Sector Spotlight, I walk viewers through the current state of asset class and sector rotations. After that, I zoom in, using the Relative Rotation Graphs of Equal weight and Cap weighted sectors side by side in order to spot differences or anomalies that can help us... READ MORE
Since the pandemic, the market has risen on stimulus. Then, the market bulls turned to vaccine news and hopes for a quick and effective release. Most recently, the market has a new guardian - a transition team taking shape with the market's favorite dove Janet Yellen as Treasury... READ MORE
The Financial sector has been picking up a lot of relative strength recently. On the Relative Rotation Graph for US sectors (against SPY), XLF is on a rotation trail through the improving quadrant and closing in on a cross over into the leading quadrant. Where JdK RS-Momentum was slightly lower... READ MORE
DOW REACHES 30K... Chart 1 shows the Dow Industrials hitting 30,000 and setting a new record. The S&P 500 isn't far behind. Chart 2 shows the S&P 500 in a coiling pattern which also favors higher prices. The Nasdaq is lagging behind but... READ MORE
In this episode of DecisionPoint, as we head into the holiday week, Carl and Erin talk about why the Dow sometimes seems to outperform the SPX (today was a great example!). Carl follows up on Climax Analysis and how it can give you the very short-term signals of exhaustion or... READ MORE
The Purchasing Managers Index (PMI) release came out today, giving insight into the economy's health as the market ramps up with increased consumer sales and all time highs for hiring. Additionally, the Economic Modern Family got another positive boost from Oxford and AstraZenica's vaccine. Grandad Russell... READ MORE
ENERGY ETFS CLEAR THEIR 200-DAY AVERAGES... Energy stocks are continuing to show new market leadership. They're getting help from rising oil prices. Last Thursday's message showed the Energy SPDR (XLE) testing its 200-day moving average. Chart 1 shows the XLE moving decisively above that long term... READ MORE
"Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria." - Sir John Templeton My macro process has three key steps: Price, Breadth and Sentiment. While most measures of price and breadth indicate the bull market is in decent shape, the third... READ MORE
The weekly high-low range for the Nasdaq 100 ETF (QQQ) was the narrowest of the year this past week and the ETF is battling triangle resistance. A narrowing range shows indecision and a volatility contraction. Even though this is just one weekly bar, QQQ is at a moment of truth.... READ MORE
In the previous weekly note, we mentioned that the NIFTY was testing its crucial pattern resistance. Over the past five trading sessions, the markets, in general, displayed some corrective tendencies, but continued to extend gains. As compared to the previous two weeks, which had a wide trading range of 723... READ MORE
With the move into Cyclical stocks continuing to expand, sectors such as Industrials have stocks with multiple reasons to continue to trade higher. In addition to industrial production reports, which just posted a fourth month of improvements, factory orders have also been steadily increasing, which in turn is helping select... READ MORE
I'm going to keep this article short and sweet. We're going higher. If you're still convinced that the U.S. stock market is staring at a doom-and-gloom environment, I don't know what to say. Several months ago, I created a User-Defined Index,... READ MORE
"Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria." - Sir John Templeton My macro process has three key steps: Price, Breadth and Sentiment. While most measures of price and breadth indicate the bull market is in decent shape, the third... READ MORE
On Monday, we talked about positive vaccine news from Pfizer (PFE) and Moderna (MRNA) holding up the market. Friday proved the market was able to hold up through the week. And yet, the same day, many articles surfaced about the market's health related to the increasing state lockdowns... READ MORE
Major stock indexes continue to consolidate their November gains, and remain above recent support levels. Chart 1 shows the Dow Industrials pulling back over the last three days, but remaining above underlying support along their October peak and recent low near 29,000. Chart 2 shows the S&P... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares how to uncover and then capitalize on the strength that is continuing to emerge from select areas of the market. She also reviews select stocks that are poised to trade higher due to strong earnings and attractive... READ MORE
When I was preparing for last week's episode of Sector Spotlight and writing an article for the RRG Blog on the Growth/Value Rotation, I had to think back to an article that I wrote for this newsletter back in August. The title for this article was "... READ MORE
It's been a tricky couple of weeks in the markets as lockdown stocks dropped sharply on the vaccine news but are currently "back in style" given the surge in new virus cases. Other areas such as Healthcare have seen their share of mixed signals as well.... READ MORE
Lock-dow or recovery? In this week's edition of Chartwise Women, Mary Ellen and Erin review top candidates in both categories while revealing what they would rather do given 4 incredible scenarios. In "Yeah... That Happened!", they also talk about the Midwest city that will pay big... READ MORE
MAJOR STOCK INDEXES CONSOLIDATE...Major stock indexes continue to consolidate their November gains, and remain above recent support levels. Chart 1 shows the Dow Industrials pulling back over the last three days, but remaining above underlying support along their October peak and recent low near 29,000. Chart 2 shows... READ MORE
On the Relative Rotation Graph for Technology stocks (XLK), the tail on INTC stands out - but not in a positive way. INTC is positioned inside the improving quadrant after a recovery in relative momentum (JdK RS-Momentum), but recently started to roll over again, while still being the technology stock... READ MORE
Every 3 months, on February 19th, May 19th, August 19th, and November 19th, we host our own version of a "Draft Party". It's the most exciting day of the quarter for us at EarningsBeats.com. The anticipation has been building for weeks, and for good reason.... READ MORE
Today, Goldman Sachs (GS) announced that commodities were poised for a bull market. We have been taking advantage of that bull market for quite some time now. We've seen nice moves from hard to soft commodities, which we are currently still holding. But what alerted us to this... READ MORE
Later tonight and tomorrow, I'll be evaluating literally thousands of stocks in determining which 10 equal-weighted stocks I'll include in each of our 4 portfolios at EarningsBeats.com. Our track record is sparkling and you can view our portfolio results HERE. I start with sectors. I&... READ MORE
In this edition of Trading Simplified, Dave continues from last week's topic of "Acceptance." If you are willing to accept what Dave teaches, you are well on your way to becoming a successful trader. Alternatively, if you've lost your way, this will help you... READ MORE
From time to time, I discuss possible long or short positions (stocks, ETFs) based on observations on Relative Rotation Graphs or ideas generated from them. Currently, the baskets contain five positions each. Below, I will review all positions and come up with a few proposed changes to the mix. Long... READ MORE
The S&P 500 (SPY), Nasdaq 100 (QQQ) and Dow Jones (DIA) all closed under their recent highs, while Granddad Russell 2000 (IWM) was able to close over 178.10, making new all-time highs. It's no easy feat for the small caps to outperform the major indices,... READ MORE
I'm regularly screening the market for stocks poised to outpace the markets and, since I'm looking for characteristics proven to be common among big winners prior to takeoff, the more of these traits a stock has, the better the odds it will do well. Below is... READ MORE
* Russell 2K at a Record High * Some Small-Cap Sector ETFs Breaking as Well Russell 2K at a Record High Small-caps have been underperforming since early 2018, but, in the last few weeks, have begun to emerge as relative outperformers. We can see this from Chart 1, where the iShares Russell... READ MORE