In this edition of StockCharts TV'sSector Spotlight, I updated my spreadsheet for calculating the BETAs for all of the SPDR sectors. During the episode, I show users how to use this metric in combination with RRGs. This episode was originally recorded on January 28th, 2020. Sector Spotlight airs... READ MORE
In this episode of DecisionPoint, Carl reviewed some of his notes from last Friday's DecisionPoint Weekly Wrap (available at DecisionPoint.com), while Erin presents an update on the latest short-term SELL signals triggered with today's market action. Carl and Erin also discuss cap-weighting pitfalls and positives... READ MORE
STOCK INDEXES CONTINUE SELLING THAT STARTED LAST WEEK...The selling of stocks that started late last week intensified today. That shouldn't be too much of a surprise considering all the warnings given by the various markets as described in these messages. They include the plunge in Treasury yields... READ MORE
Signs of a correction were building for some time and it now appears that the long awaited corrective period is here. The S&P 500, in particular, is following the script from January 2018 quite closely. After a steady advance from October to December, signs of excess started appearing... READ MORE
After starting the week on a corrective note, the market recouped some of its losses on the last two trading days of the week. The last few days have remained volatile for the markets as the headline index NIFTY traded in a wider-than-usual range. The index oscillated in an over-340-point... READ MORE
Gold Miners have been on fire this week! Each Friday, I get a Weekly ChartList Report on the ETF Tracker ChartList that Carl and I have developed. If you would like it, you'll find it in the DP Trend and Condition ChartPack (free to Extra members and above!... READ MORE
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen discusses several ways to determine the market's health while reviewing a significant rotation that's taking place. She also analyzes the possible impact of the coronavirus and the importance of stocks that have reported strong... READ MORE
Yesterday's message showed bond yields falling (and bond prices rising) in a flight to the safety of government bonds. And further suggested that fears of the Chinese virus spreading was most likely behind that more defensive tone. Bond yields are falling even further today as that defensive mood... READ MORE
I keep reminding viewers of my daily show, The Final Bar(new episodes every weekday at 4pm ET!), that extended bull markets can actually be a little frustrating. While a consistent uptrend in prices tends to be a good thing for long-term investors, two things present quite a challenge. The... READ MORE
It's no secret that the market has reached frothy levels with virtually no relief since the beginning of October 2019. Thus, it makes sense that the VIX spiked on Friday, as it moved above all key technical intraday levels and many traders moved to the sidelines. While the... READ MORE
The Russell 2000 ETF (IWM) broke out of a pennant formation last week and then fell sharply this week. This puts price back in the pennant and near its make or break level. Flags and pennants are short-term continuation patterns that form after a sharp move. Bullish versions represent the... READ MORE
Free money! Get your free money here! All you have to do is be willing to get off the sofa and walk over to the corner of the house where you adjust your portfolio. It's literally that easy. That's how simple it was using the ChartPack... READ MORE
CONSUMER DISCRETIONARY SPDR PULLED LOWER BY TRAVEL AND ENTERTAINMENT STOCKS... Yesterday's message showed bond yields falling (and bond prices rising) in a flight to the safety of government bonds. And further suggested that fears of the Chinese virus spreading was most likely behind that more defensive tone. Bond... READ MORE
If a company is likely to report strong results, Wall Street knows it. Analysts have met with management and discussed targets, competition, product strategies, margins, etc. If they like what they hear, they return to their offices and buy for themselves and clients. That's how it works. Astute... READ MORE
One of the basic laws of technical analysis, which I have learned the hard way, is to be very careful about calling counter-cyclical short-term moves. The primary trend dominates everything. For example, if you are in a bear market and you see a short-term oversold condition, do not assume that... READ MORE
TREASURY BOND YIELDS CONTINUE TO DROP... The drop in Treasury bond yields that started a month ago is continuing. And is nearing a test of some important support levels. The daily bars in Chart 1 show the 30-Year Treasury yield (TYX) having already broken a rising trendline drawn under its... READ MORE
In a recent article in the RRG Blog titled "Is XLC taking over from XLK?", I identified the Communication Services sector as one of the potential new leading sectors in coming weeks. Currently, on the Relative Rotation Graph for US sectors, XLC is inside the improving quadrant, but... READ MORE
In this week's episode of Sector Spotlight, I ran out of time to go over the pair trade idea that we usually have at the end of the show and I promised to write it up in an article. So here it is. This idea was generated from... READ MORE
In this edition of Trading Simplified, Dave reveals the next group of his trading resolutions heading into 2020. Afterwards, he presents a new edition of "The Missed, The Best or the Worst Trade of the Week" and does some housekeeping. This video was originally recorded on January 22nd,... READ MORE
ENERGY STILL IN DECLINE... Despite today's snapback bounce in global stocks, one sector continues to weaken. And that's the energy sector. Chart 1 shows the Energy Sector SPDR (XLE) falling further below its 50- and 200-day moving averages today. And that's in a rising... READ MORE
(This is an excerpt from today's DecisionPoint Alert report on DecisionPoint.com) Today's giant drop in the Energy Sector (XLE) was enough to negate a very young Long-Term Trend Model (LTTM) BUY signal. That LTTM SELL signal was generated when the 50-EMA sunk below the 200-EMA.... READ MORE
In this edition of StockCharts TV'sSector Spotlight, I analyze the current rotations for US sectors and answer two questions from the mailbag. For one of those questions, I discuss the use of RRGs in short-term trading. This video originally aired on January 21st, 2020. During the last few... READ MORE
Special Event Below is a sample of the Daily Market Report that I sent to EarningsBeats.com members this afternoon. Also, I'd like to extend an invite to everyone to join me at 4:30pm EST today as I will host our "Sneak Preview - Q4 Earnings&... READ MORE
In a number of cases we have studied classic Wyckoffian Overbought and Oversold conditions that emerge at the conclusion of a market move. Such a condition typically presents as Climactic action. Three or more unique events will often combine to setup exhaustion of a trend. Fulfilment of a Point and... READ MORE
Here's a quick update for a rotation that caught my attention this morning. Since the end of last year, XLF has started to give up on its leading role. JdK RS-Momentum started to decline and the tail began to roll over. Last week, XLF moved from the leading... READ MORE
I believe all 5 FAANG stocks - Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX) and Alphabet (GOOGL) - will end 2020 higher than they started. The question is, how much higher? Which one is THE stock to own? If you asked me which company I believe is simply the... READ MORE
The stock market started its latest run to infinity (and beyond) in mid August and the 20+ Yr Treasury Bond ETF (TLT) just happened to peak a week or so later. Stocks and bonds were largely on the same page from February to August as both moved higher. Correlation changed... READ MORE
With geopolitical tensions subsiding, the market had a quiet week as it continued to post a small amount of incremental gains. The trading range also remained capped due to the market oscillating in a capped range. While showing no volatility at all, the NIFTY made minor advancements on the higher... READ MORE
Last week, small-cap stocks were the highest performers, with the Russell 2000 gaining 2.5%. While the biggest gainers were upgraded Healthcare stocks following Wall Street's largest Medical conference, there were plenty of other areas that saw money flows signaling continued outperformance among these lower-market-cap companies. With every... READ MORE
Calling tops in a secular bull market advance is not typically a wise thing to do, because it rarely works. But it's very difficult to ignore sentiment readings that border on the absurd. Three months ago, the S&P 500 broke out of a bullish ascending triangle... READ MORE
The Dollar Index has been rising in the last few sessions following its December decline, which has put it at a crucial technical juncture. Whichever way it breaks will have implications for commodities, gold and the relative performance of international equities to the US. A rising currency would have negative... READ MORE
While sectors like Technology of received much of the praise for leading the recent market upswing, the Health Care sector is comprised of a group of five industries that all have fairly attractive chart setups. (Earlier this week, on my daily closing bell show The Final Bar, I conducted a... READ MORE
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares techniques that can help you successfully trade faster-moving stocks, as well as how to use clues from the 2018 "crash" to know when the uptrend has ended. She also reviews some news-driven areas of the... READ MORE
In my last article for the RRG blog, I wrote about the process of how to get from an idea, whether based on RRG analysis or something else, to a position in your portfolio. That post was geared towards the observation that Growth stocks are outperforming Value stocks and focused... READ MORE
In my last article, I discussed the possibility that we could see a short-term top form and many of those warning signs continue to persist. Of course, in a secular bull market advance, trying to predict short-term tops can be a constant disappointment as prices seemingly rise every single day.... READ MORE
Insulet Corp. (PODD) had an exceptional year in 2019, as the stock powered to new highs on the heels of triple-digit growth during its first three earnings reports of the year. The insulin pump maker for diabetics peaked in price in December and has been consolidating ever since. An increase... READ MORE
What is the future going to look like? In this special episode of Real Trading with Larry Williams, Larry presents the general roadmap for each market in 2020. His analysis takes into account the various seasonal influences (e.g. Christmas sales, production schedules, government action, etc.) and cycles (bond forecast,... READ MORE
RUSSELL 2000 ISHARES NEAR NEW RECORD... Small cap stocks are having an unusually strong day today. And are nearing a potential new record. The weekly bars in Chart 1 show the Russell 2000 iShares (IWM) trading at the highest level in sixteen months; and nearing a test of its previous... READ MORE
If you are using Fidelity Funds, a Relative Rotation Graph showing the movement of all these funds can help you find the ones that are offering potential (for outperformance). The image above shows such a Relative Rotation Graph, holding 39 Fidelity Select funds. Going over the funds on this chart,... READ MORE
SIGNING OF TRADE DEAL BOOSTS STOCKS... Stocks celebrated the U.S. and China signing phase one of their historic trade deal today with the three major stock indexes hitting another record high. Despite some late selling this afternoon, stock indexes ended in positive territory. Stock indexes are still dealing with... READ MORE