In this episode of DecisionPoint, all major market indexes on the DecisionPoint Scoreboards triggered Price Momentum Oscillator (PMO) SELL Signals. Flying solo this week, Erin reviews these signal changes and gives your her analysis of the current market environment. Many big names are reporting earnings this week, including Facebook (FB)... READ MORE
Before we talk about the recent rotation from growth into value and how that did relative to the phases, a note about managing large selloffs. A while back, we talked about market timing based on the previous day's high and low. Watching for breakouts and breakdowns based off... READ MORE
50-DAY LINES ARE BEING BROKEN... Stocks are under heavy selling pressure. The three charts below show three major stock indexes falling back below their 50-day moving averages. The recent rebound took stocks close to their highs formed in early September. With that rebound having failed, technical odds now suggest that... READ MORE
The first quarter of this CY 2020 was quite a disaster for the equity markets. The month of February saw the onset of the COVID-19 pandemic and the spread of coronavirus saw equity markets the world over witnessing a vertical crash everywhere, in the range of 35% to 45% across... READ MORE
It's all about the election on this special episode of Real Trading with Larry Williams. Who is going to win? Does that matter market-wise? What is going to happen? Taking a look at polls, charts and historical precedent. Larry shows what a Trump or Biden victory means and... READ MORE
I expect that we'll bounce sooner rather than later, but a key short-term test is underway right now. I'm watching 3425 on the S&P 500 ($SPX) and 11600 on the NASDAQ 100 ($NDX). Both support levels are currently lost. A weak finish today would... READ MORE
While trading on expected lines, the Indian equity markets did not make any major directional moves and consolidated in a defined range. The NIFTY did not move past the previous week's high point and consolidated while resisting to that level. The trading range also remained narrower than what... READ MORE
Broad commodity ETFs are like broad index ETFs: an amalgamation of various components. Traders can improve performance by breaking these down, ignoring the weaker components and focusing on the stronger components. Let's do that with the Invesco DB Commodity ETF. The Commodity ETF (DBC) can be broken down... READ MORE
For the past few years, I've written countless articles on semiconductors ($DJUSSC), software ($DJUSSW), and computer hardware ($DJUSCR) as these three industry groups have led a powerful charge in technology. But other industry groups in this sector have failed to participate to the same degree (or even close... READ MORE
While only a quarter of S&P 500 companies have reported 3rd quarter earnings so far, the number of companies beating EPS estimates is near record highs. And, for the most part, investors are rewarding these companies – particularly if they are signaling earnings growth into next year. My many... READ MORE
Earnings is what we do at EarningsBeats.com. While a lot of traders are hoping, perhaps gambling, that companies they own come through with great results, we're doing our homework to prepare for our next Top 10 Stocks webinar on November 19th. That's when we'... READ MORE
They say Copper is reputed to have a Ph.D. in economics because of its ability to predict turning points in the global economy. That arises because of copper's widespread applications in most sectors of the economy, from homes and factories to electronics and power generation. The implication... READ MORE
Friday gave the thrill of a roller coaster ride, as we watched major indices run up and down throughout the day. While it's not the ride most investors look for in the market, it's the best they can get, since most amusement parks have yet to... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen examines money flows into newer areas of the market. She highlights how to handle stocks that report strong earnings, while also sharing a simple system that gets you in front of stocks on the move. This video was... READ MORE
Those of you who follow my blogs and watch Sector Spotlight on StockCharts TV will know that I regularly look at rotations among various asset classes. I talked about that subject in last week's show, focusing on the relationship between stocks and bonds, and I wanted to highlight... READ MORE
This past Monday, I asked three experts on the Presidential Cycle - Bruce Fraser, Jeff Hirsch, and Tom McClellan - to share their take on market trends around the election season. They delivered in a big way, and the result was a masterclass in how to learn from market history.... READ MORE
This blog is addressed to the many thousands of recent new StockCharts subscribers. The explosive growth in our ranks suggested to me that a little welcome tutorial would be valuable. Any welcome message to an investor arena that aspires to be truthful must acknowledge upfront the "Paradox of Choice&... READ MORE
I've decided to share today's DP Diamonds Report in our free DecisionPoint Blog to give everyone a sample of how I cull and review my "Diamonds in the Rough". For those new to the DP Diamonds Reports, on Thursday I analyze all of the... READ MORE
In this week's edition of Chartwise Women, Mary Ellen and Erin review the pandemic's impact on improving productivity among many industries as they strive to meet the demands of a changing world. They also share how you can screen for top stocks in those industries. This... READ MORE
This past Monday, I asked three experts on the Presidential Cycle - Bruce Fraser, Jeff Hirsch, and Tom McClellan - to share their take on market trends around the election season. They delivered in a big way, and the result was a masterclass in how to learn from market history.... READ MORE
10-YEAR TREASURY YIELD NEARS 200-DAY LINE... The rally in bond yields is continuing. Tuesday's message showed the 30-Year Treasury yield climbing above its 200-day average. Chart 1 shows the 10-Year Treasury yield heading for a test of its 200-day line after rising to the highest level in more... READ MORE
'Tis the season to look for blowout earnings reports and Align Technology (ALGN) delivered one last night. Wow! Check out ALGN's actual revenues and EPS vs. Wall Street consensus estimates: Revenues: $734.1 million (actual) vs. $531.9 million (estimate) EPS: $2.25 (actual) vs. $.59 (estimate)... READ MORE
While going over some Relative Rotation Graphs showing the rotations for individual stocks, the tail for AMD in the Technology sector caught my attention. AMD was one of the leading tech stocks from July to early September, almost doubling in price, but then started to fade in terms of relative... READ MORE
A growing worry of stagflation (high inflation followed by stagnant economic growth) is becoming more of a trending reality as the pandemic looks to continue into the next year. The March selloff affected major global supply chains and, if paired with rising inflation, could create an even tougher environment for... READ MORE
They say that Copper is reputed to have a Ph.D. in economics because of its ability to predict turning points in the global economy. That arises because of copper's widespread applications in most sectors of the economy, from homes and factories to electronics and power generation. The... READ MORE
DOLLAR INDEX WEAKENS...Chart 1 shows the Invesco Dollar Index (UUP) tumbling today to the lowest level since early September. And it's losing ground against all of its major trading partners in Europe and Asia. The weaker dollar has a number of intermarket implications. One of them is... READ MORE
In this edition of Trading Simplified, Dave goes over a new Mystery Chart and explores how to psychologically "see" a trade. He also shares some new IPOs, plus a scan that he's been working on and is excited to share with you. This video was originally... READ MORE
In this edition of Sector Spotlight, I look at last week's performance and rotations for asset classes and stock sectors. After the break, I move on to share my views on various levels of the investment pyramid, highlighting the possibility for an explosive move in the stock/bond... READ MORE
From time to time, I present Long/Short or Pair Trading ideas in my weekly Sector Spotlight show on StockCharts TV. During the past few months, I have started to track these ideas as a portfolio. This is by no means an advisory service or a model portfolio of any... READ MORE
BOND YIELDS ARE CLIMBING AGAIN... After a pullback last week, bond yields are climbing again. Chart 1 shows the 30-Year Treasury ¥ield climbing 5 basis points today to 1.60%. And it's back above its 200-day moving average. The 10-Year Treasury yield is up as well, and is... READ MORE
Wall Street has been accumulating stocks over the past few weeks in anticipation of strong results. That doesn't necessarily mean we'll see a positive reaction to those earnings, because there's the old "buy on rumor, sell on news" adage that frequently comes... READ MORE
In this episode of DecisionPoint, after reviewing the SPY and the DecisionPoint indicators, Carl gives us a history lesson on Black Monday 1987, which happened 33 years ago today! He points out warning signs that came ahead of the hatchet that had stock prices down more than 20% in one... READ MORE
Today, the hope that the Economic Modern Family held onto coming into the week waned a bit, as the stimulus talks stalled once again. After the close, more headlines emerged, as the Senate is back and both sides know that, politically, some stimulus package should be passed. And that is... READ MORE
While the broader markets have been waffling due to uncertainties surrounding major issues such as the upcoming elections and the passage of a stimulus package, there have been a stealth set of underlying stocks that are breaking out of sound bases due to solid growth prospects. Today, I'm... READ MORE
Selecting and investing in ETFs is a daunting task. I ran a very basic scan to identify all of the ETFs to consider and this is what was returned: There were 999 ETFs returned. That's helpful. NOT! The 999 ETFs returned were listed in alphabetical order by ticker... READ MORE
Next week, the economic calendar will be dominated by reports providing more data on a leading area of growth. I'm talking about an industry in the U.S. that's seen solid expansion over the past 3 months, with estimated growth expected to continue well into next... READ MORE
I ran a very simple scan, searching for companies that have been able to make the almost impossible jump in SCTR score from less than 50 to greater than 95 in just one month (22 trading days). Here's the scan I ran: There were 2 results: Eaton Vance... READ MORE
There's not much I'd rather see than a heavy volume breakout in a consolidating stock within a strong industry. Enter Atlassian Corp (TEAM). Some traders let their guard down when a stock consolidates, and it's easy to do because consolidation normally leads to relative... READ MORE
The market action in this week fared precisely on the anticipated lines. In the previous weekly outlook, we had mentioned the markets were firmly placed but, at the same time, staying overstretched on the short-term charts. It was also mentioned that any up moves will face stiff resistance at higher... READ MORE
Those who follow me know that I'm constantly monitoring the current leaders and watching for new leadership. It's one piece of technical analysis that helps in selecting our portfolio stocks. The best way to beat the benchmark S&P 500 is to follow the strength... READ MORE