MEMBERS ONLY
COPPER AND GOLD HAVE BEEN TRENDING IN OPPOSITE DIRECTIONS ALL YEAR -- FALLING BOND YIELDS EARLIER IN THE YEAR FAVORED GOLD -- THE RECENT RISE IN THE 10-YEAR TREASURY YIELD FAVORS COPPER -- COPPER AND ITS MINERS MAY BE FORMING BOTTOMS
by John Murphy,
Chief Technical Analyst, StockCharts.com
STRONG JOBS REPORT ON FRIDAY BOOSTED COPPER BUT HURT GOLD...Friday's impressive jobs report took a lot of traders by surprise resulting in strong buying of stocks; which was accompanied by selling of Treasury bonds and other safe havens like gold. Riskier assets gained which included copper prices....
READ MORE
MEMBERS ONLY
Week Ahead: NIFTY Crucially Poised; RRG Shows Loss of Momentum Among a Few Sectors
by Milan Vaishnav,
Founder and Technical Analyst, EquityResearch.asia and ChartWizard.ae
In contrast to the one that came before, this past week gave back all its gains while ending near the low point of the trading range. The markets were sitting on the verge of a breakout, but that did not amount to anything as the markets refused to break above...
READ MORE
MEMBERS ONLY
Goldman Sachs has A Laggard Stocks Strategy for Early 2020 - I've Highlighted Some of the Better-Looking Charts
by Mary Ellen McGonagle,
President, MEM Investment Research
For 17 years now, Goldman Sachs (GS) has been following a strategy at year-end of picking up battered stocks that have underperformed the markets and holding them into the first 3 months of the new year. This "laggard strategy" has outperformed the S&P 500 over 65%...
READ MORE
MEMBERS ONLY
To Profit from Trading, You Must Allow Trades to Come To You; Don't Chase
by Tom Bowley,
Chief Market Strategist, EarningsBeats.com
One of the great features of our service at EarningsBeats.com is maintaining a Strong Earnings ChartList (SECL) for our members and running scans against it daily to identify trade setups. I do a lot of research every quarter, tracking those companies that beat Wall Street consensus estimates as to...
READ MORE
MEMBERS ONLY
MEM Edge TV: Benefitting From the Pullback in Leadership Stocks
by Mary Ellen McGonagle,
President, MEM Investment Research
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews stock candidates from leadership groups that pulled back last week and shares how you can screen for them. In addition, she shared top stocks from the rotation into Financials and discusses more big earnings still due to...
READ MORE
MEMBERS ONLY
DP WEEKLY WRAP: Participation Not Robust but Adequate for the Moment
by Carl Swenlin,
President and Founder, DecisionPoint.com
A good way to gauge participation in a particular market move is to check the percentage of stocks that are above their 20/50/200EMAs. The 20EMA indicator is short-term and most responsive, and we can see the deterioration that took place prior to some of the important price tops...
READ MORE
MEMBERS ONLY
It's Time To Watch For A Bottom In Commodities
by Martin Pring,
President, Pring Research
In my Monthly Market Rounduplast week, I repeated a talk that I recently gave at the CMT Summit in Mumbai. The talk in question began with an outline of the approach we take at Pring Turner for our sub-advisory services and in the Intermarket Review, my monthly publication that analyses...
READ MORE
MEMBERS ONLY
Stock Market Rallies Under Narrowing Sentiment
by David Keller,
President and Chief Strategist, Sierra Alpha Research
During an interview I took part in for a podcast this week, I was asked to define technical analysis. I immediately provided John Murphy's summary that technical analysis is the study of "market action" and is based on a visual analysis of price and sentiment.
After...
READ MORE
MEMBERS ONLY
It's Time To Watch For A Bottom In Commodities
by Martin Pring,
President, Pring Research
* The Markets and the Business Cycle
* Using Other Markets to Forecast Commodities
The Markets and the Business Cycle
In my Monthly Market Roundup last week, I repeated a talk that I recently gave at the CMT Summit in Mumbai. The talk in question began with an outline of the approach...
READ MORE
MEMBERS ONLY
Stock Market Rallies Under Narrowing Sentiment
by David Keller,
President and Chief Strategist, Sierra Alpha Research
During an interview I took part in for a podcast this week, I was asked to define technical analysis. I immediately provided John Murphy's summary that technical analysis is the study of "market action" and is based on a visual analysis of price and sentiment.
After...
READ MORE
MEMBERS ONLY
Introducing "ChartList Reports" - Daily and Weekly Performance Summaries Sent Right To Your Inbox
by Grayson Roze,
Chief Strategist, StockCharts.com
I'll let you in on a little secret. My favorite feature on StockCharts, hands down, is ChartLists. Second only to my charts themselves, ChartLists are the thing I rely on most heavily by far.
As an active investor, I use ChartLists throughout every stage of my process. I...
READ MORE
MEMBERS ONLY
Where Should You Go if You Don't Want to be 100% Invested in Stocks?
by Julius de Kempenaer,
Senior Technical Analyst, StockCharts.com
Last Wednesday, I published an article in the RRG blog titled "Stocks Remain The Only Asset Class Inside The Leading Quadrant Going into December". As the title suggests, that article is primarily looking at the rotation for asset classes, with an in-depth look into the long-term chart of...
READ MORE
MEMBERS ONLY
STOCKS JUMP ON STRONG JOBS REPORT -- RUSSELL 2000 ISHARES HIT NEW 52-WEEK HIGH -- ENERGY STOCKS BOUNCE WITH CRUDE OIL ON OPEC CUTS -- ALL SECTORS ARE GAINING WITH FINANCIALS AND HEALTHCARE HITTING NEW RECORDS -- T. ROWE PRICE HITS NEW RECORD
by John Murphy,
Chief Technical Analyst, StockCharts.com
STOCK INDEXES JUMP ON STRONG JOBS REPORT... A strong November jobs report has stocks jumping today. The three charts below show the three major U.S stock indexes gapping higher today; and pushing them further above their 20-day moving averages. The erases the earlier setback seen on Tuesday. And the...
READ MORE
MEMBERS ONLY
Does A Bull Market Depend On Leadership From Growth Stocks? You Might Be Surprised
by Tom Bowley,
Chief Market Strategist, EarningsBeats.com
My favorite ratio to watch in order to gauge the market's appetite for growth stocks is the Russell 1000 Growth ETF vs. the Russell 1000 Value ETF (IWF:IWD). When this ratio is moving higher, we want our portfolio to be weighted more toward growth. When the opposite...
READ MORE
MEMBERS ONLY
Candlestick Charting Explained
by Greg Morris,
Veteran Technical Analyst, Investor, and Author
In 1988 I attended an MTA event at the Camelback Inn in Phoenix. At the conference there was a large contingent of Japanese traders present and they presented their charting techniques. It was the first time I had ever heard of "Hi Ashi," which is what the Japanese...
READ MORE
MEMBERS ONLY
This Leading Stock's Pullback has Presented a Great Opportunity
by Mary Ellen McGonagle,
President, MEM Investment Research
Home Building stocks have had quite the year as a low interest rate environment, coupled with reduced inventory, has kept demand high for newly built homes. The resilient job market has also brought new buyers to the market. Many Home Builders were in strong uptrends until last month's...
READ MORE
MEMBERS ONLY
ASSET MANAGERS LEAD FINANCIALS HIGHER -- THAT INCLUDES NORTHERN TRUST AND BLACKROCK -- MATERIALS SPDR BOUNCES OFF CHART SUPPORT -- NEWMONT GOLDCORP AND FREEPORT MCMORAN LEAD IT HIGHER -- A WEAKER DOLLAR MAY BE BOOSTING COMMODITY MARKETS
by John Murphy,
Chief Technical Analyst, StockCharts.com
ASSET MANAGERS LEAD FINANCIALS HIGHER...Financials continue to show new market leadership. Most attention in that sector, however, is usually paid to bank stocks which are its biggest part. Some other financial groups are also doing well. Like asset managers which have been the strongest part of the financial sector...
READ MORE
MEMBERS ONLY
Christmas Trades
by Larry Williams,
Veteran Investor and Author
In this engaging episode of Real Trading with Larry Williams, Larry takes a look at the Christmas Influence, looking at how the largest retail event of the year influences the markets. In addition, Larry talks the US Stock Market, Gold, bonds and Bitcoin (BTCUSD), before capping off by answering a...
READ MORE
MEMBERS ONLY
This Healthcare Stock Looks Poised to Play Catch Up with a Big Breakout
by Arthur Hill,
Chief Technical Strategist, TrendInvestorPro.com
Chartists looking for winning stocks should start with leading sectors and industry groups. Having a sector or industry tailwind can greatly improve the odds for a winning trade or investment. Programming note: There is a special announcement at the end of this commentary.
Looking at the sector charts and sector...
READ MORE
MEMBERS ONLY
Keeping an Eye on Monero (XMR) as it Enters the Leading Quadrant on RRG
by Julius de Kempenaer,
Senior Technical Analyst, StockCharts.com
This week is Crypto Week! Well, at least it is on StockCharts TV. Thus, I figured it would also be a good idea to once again bring to your attention to the fact that we can run RRG charts for cryptocurrencies as well.
As a quick reminder, you can find...
READ MORE
MEMBERS ONLY
Bitcoin: Is It Real? Should You Trade It?
by Dave Landry,
Founder, Sentive Trading, LLC
Are cryptos real? What does "real" even mean? In this edition of Trading Simplified, Dave gives his contribution to StockCharts TV's Crypto Week, delving into the questions surrounding trading cryptocurrencies, primarily Bitcoin ($BTCUSD). Afterwards, he presents the mother of all mystery chart reveals. This video originally...
READ MORE
MEMBERS ONLY
DP Diamonds: Momentum Sleepers
by Erin Swenlin,
Vice President, DecisionPoint.com
With today's rally pop, I decided to check my Momentum Sleepers Scan for possible diamonds in the rough. I found four from that scan and one from my Chart Breakouts Scan. The VIX and advance/declines suggest more upside in the very short term, but the rest of...
READ MORE
MEMBERS ONLY
DP Alert Mid-Week: ST PMO SELL Signal - On-Balance Volume (OBV) Positive Divergence
by Erin Swenlin,
Vice President, DecisionPoint.com
This week, we saw four new Short-Term Price Momentum Oscillator (PMO) SELL signals on the DP Scoreboards for all indexes. Last week, at month-end, we got two new Long-Term PMO BUY signals. Clearly short-term momentum has slowed, but, in the longer term, the picture isn't too pessimistic. I...
READ MORE
MEMBERS ONLY
Sector Spotlight: A Look At Monthly Sector Charts and Pair Trades
by Julius de Kempenaer,
Senior Technical Analyst, StockCharts.com
In this episode of Sector Spotlight, I go over the completed monthly bars for asset classes and US sectors. Then, I present a new pair trade idea; for this video, I found one that comes from the Health Care sector.
This episode of Sector Spotlight originally aired on December 3rd,...
READ MORE
MEMBERS ONLY
STOCKS GAP HIGHER AND TRY TO REGAIN 20-DAY AVERAGE -- S&P 500 HAS ALSO BOUNCED OFF LOWER BOLLINGER BAND -- THOSE BANDS SHOW STOCKS PULLING BACK FROM OVERBOUGHT TERRITORY BUT STILL IN UPTRENDS -- LOWER BB VOLATILITY IS ALSO SUPPORTIVE TO STOCK PRICES
by John Murphy,
Chief Technical Analyst, StockCharts.com
STOCK INDEXES GAP HIGHER TODAY... After gapping lower yesterday, stocks are gapping higher today. The daily bars in Chart 1 show the S&P 500 also trying to regain its 20-day moving average (green line) that was violated yesterday. If this morning's gap to the upside holds...
READ MORE
MEMBERS ONLY
Based On The Charts, These 2 Stocks Could Explode With Earnings
by Tom Bowley,
Chief Market Strategist, EarningsBeats.com
I have found there are no guarantees when it comes to earnings and how a company will report. We can make educated guesses, though, especially when you consider that Wall Street has access to management teams before their "quiet period". A quiet period is simply the time from...
READ MORE
MEMBERS ONLY
Stocks Remain the Only Asset Class Inside the Leading Quadrant Going into December
by Julius de Kempenaer,
Senior Technical Analyst, StockCharts.com
Asset allocation is the highest point in the investment decision pyramid. The decision to invest in Stocks or Bonds or other asset classes will have far more impact on the final return for an investor than the decision to select specific stocks.
Therefore, the Relative Rotation Graph showing the rotation...
READ MORE
MEMBERS ONLY
DecisionPoint Diamonds - Possible Shorts
by Erin Swenlin,
Vice President, DecisionPoint.com
Since I had zero results on the Diamond Price Momentum Oscillator (PMO) Scan, I decided to look at the results from my "Diamond Dog Scan", which is basically the mathematical reverse of the Diamond scan. When shorting, I always think "short-term;" at least in my experience,...
READ MORE
MEMBERS ONLY
STOCKS SELL OFF ON MORE TRADE TENSIONS -- SOME 20-DAY AVERAGES ARE BEING BROKEN -- DAY'S BIGGEST LOSERS ARE FINANCIALS, INDUSTRIALS, CYCLICALS, AND TECHS -- BIG DROP IN BOND YIELDS BOOSTS UTILITIES AND REITS -- BUT HURTS BANKS
by John Murphy,
Chief Technical Analyst, StockCharts.com
STOCK INDEXES UNDERGO PROFIT-TAKING... Increased trade tensions are contributing to profit-taking in stocks today. That and the fact that major stock indexes were already in overbought territory and vulnerable to short-term profit-taking. All three have fallen below their 20-day moving averages which could lead to a test of 50-day lines....
READ MORE
MEMBERS ONLY
DP Show: Humble Beginnings - Amazon (AMZN) & Google (GOOGL)
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
In this episode of DecisionPoint, Carl and Erin look at a few recent DP Diamonds and present a review of other "in the news" stocks, including DIS, NHI, GE, AMZN and GOOGL. Additionally, the two analyze climactic readings on Advance/Declines and the VIX. This video originally aired...
READ MORE
MEMBERS ONLY
DP Diamonds - FOUR Healthcare "Diamonds in the Rough"
by Erin Swenlin,
Vice President, DecisionPoint.com
Carl and I discussed in today's DecisionPoint show that finding "diamonds" could be difficult if the market decides it is finally ready for a correction. However, the Healthcare sector is considered a somewhat "defensive" area of the market. I wanted to stay away from...
READ MORE
MEMBERS ONLY
Martin Pring's Monthly Market Roundup 2019-12-02
by Martin Pring,
President, Pring Research
The monthly Market Roundup videofor December is now available.
Good luck and good charting,
Martin J. Pring
The views expressed in this article are those of the author and do not necessarily reflect the position or opinion of Pring Turner Capital Groupof Walnut Creek or its affiliates....
READ MORE
MEMBERS ONLY
The Complete Guide to Market Breadth Indicators
by Greg Morris,
Veteran Technical Analyst, Investor, and Author
A few years ago StockCharts.com vastly updated not only its raw breadth database but now there are hundreds and hundreds of new market breadth indicators available to everyone. This is not really an article but an information piece about StockCharts.com's vast amount of breadth material and...
READ MORE
MEMBERS ONLY
This Group LOVES December Historically.......And It Just Broke Out Technically!
by Tom Bowley,
Chief Market Strategist, EarningsBeats.com
Welcome to December! It's hard to believe we're one month away from a new year and a new decade. While 2019 has been exciting for investors and traders, recovering from that massive Q4 2018 decline, I believe 2020 will be very solid as well. We'...
READ MORE
MEMBERS ONLY
Three Leading Stocks within the Payments Space - And Three Poised to Hit New Highs
by Arthur Hill,
Chief Technical Strategist, TrendInvestorPro.com
As noted in ChartWatchers this weekend, the Mobile Payments ETF (IPAY) came to life in November with a 7% gain, which was almost twice the gain in the S&P 500 SPDR (+3.62%). IPAY was lagging in September and October, but is now leading the market as the...
READ MORE
MEMBERS ONLY
Ford v Ferrari. A Movie about Trading.
by Bruce Fraser,
Industry-leading "Wyckoffian"
During this Holiday shortened week go see the movie Ford vs. Ferrari. It is a movie about trading. No wait, it is a movie about an epic battle between two automotive titans to win the 24 Hours of Le Mans. There was and is no more prestigious an achievement, as...
READ MORE
MEMBERS ONLY
Week Ahead: RRG Shows Private Banks & Financials Rolling Over; Coming Days Crucial for NIFTY
by Milan Vaishnav,
Founder and Technical Analyst, EquityResearch.asia and ChartWizard.ae
After healthy consolidation around the 12000 level over the past couple of weeks, the NIFTY has attempted to break above a year-long secondary trend that it was in by ending the week with gains. Throughout the week, the markets pushed hard to breach the double-top resistance on the shorter-term charts...
READ MORE
MEMBERS ONLY
NEW! DecisionPoint Indicators: Golden Cross/Silver Cross Indexes
by Erin Swenlin,
Vice President, DecisionPoint.com
On our November 20, 2019 DecisionPoint show on StockCharts TV, Carl and I introduced the new Golden Cross and Silver Cross Indexes. The Golden Cross Index measures the percentage of components in an index or sector that are on LT Trend Model BUY signals (50-EMA > 200-EMA). The Silver Cross...
READ MORE
MEMBERS ONLY
MEM Edge TV: New Leadership Stays The Course
by Mary Ellen McGonagle,
President, MEM Investment Research
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen provides an up-to-the-minute review of the markets, revealing new groups coming into play and stocks that are poised to benefit. She takes a look at the new leadership stocks and discusses using history to guide you with price...
READ MORE
MEMBERS ONLY
DP WEEKLY WRAP: Santa Keeps Rocking; Monthly Chart Time
by Carl Swenlin,
President and Founder, DecisionPoint.com
The current rally was launched off the early-October low. Since then, the market has entered a period of very low volatility, characterized by a reluctance to decline, and a penchant for small, daily advances. There was a high volume spike on Tuesday that I will attribute to traders going flat...
READ MORE