Editor's Note: This article was originally published in Martin Pring's Market Roundup on Thursday, November 28th at 4:08pm ET. Chart 3 shows a long-term indicator that just went bullish for the market. It also points us in the direction of one of the sectors referred... READ MORE
The market has mostly been straight up since the October 3 bottom, when the S&P touched 2855 before heading north. Since then, the S&P has climbed more than 10%, with buyers ready and willing to buy on any dips. If you are a bull, and especially... READ MORE
Black Friday weekend is here and the holiday shopping season is just getting started. While I have no clue which retailers will be the big winners or losers this season, the mobile payments industry is likely to be a big winner. Mobile payments are expected to exceed $300 billion this... READ MORE
If you don't really know yourself, the market is an expensive place to learn about your "Investor Self". This axiom is most essential and relevant during a market correction. This blog is an exercise to help us all understand our own nature — ideally during the calm... READ MORE
I know it seems like a daunting task, but it's not nearly as hard as it seems. Obviously, the first step requires finding a method or strategy that works. At EarningsBeats.com, we've found what works for us. It's combining our strengths with StockCharts.... READ MORE
* The Game Has Just Begun * Three Interesting Sectors * Watch the DB Agriculture Fund The Game Has Just Begun It is fairly evident by now that the equity market has broken to the upside big time. Chart 1 sets the scene by demonstrating that first the Coppock Indicator and later the... READ MORE
On the Relative Rotation Graph for US sectors, Financials are in good shape. They are inside the leading quadrant and, despite a little loss of momentum in the last week, still at a good RRG-heading. Together with Technology and Industrials, Financials is a leading sector at the moment. A Pennant... READ MORE
We are finally seeing indicators that are rising as they should as the market continues to make new all-time highs. I believe the market is still in need of a correction, but, at this point, I can't argue with the charts. My advice is to tread lightly and... READ MORE
The Diamond PMO Scan is starting to pick up more results as we start seeing more market participation. The market is very overbought and needs a correction, but it doesn't seem interested. For more information on my thoughts about the market, read today's "DP Alert... READ MORE
Being taught a methodology is great, but seeing it work in real markets is key. In this edition of Trading Simplified, Dave shows the ways in which he uses the various techniques he's taught on this show in the real world, including protective stops, TKOs and understanding market... READ MORE
CONSUMER DISCRETIONARY SPDR SHOWS NEW LEADERSHIP... Chart 1 shows the Consumer Discretionary SPDR (XLY) rising today to the highest level in six weeks. That's setting up a possible test of its declining trendline drawn over its July/September peaks. The overall shape of its pattern since July looks... READ MORE
For years, this question was left unanswered. Honestly, I couldn't figure out this answer for a long, long time. I've come to realize through years of experience, however, that I simply needed to watch the action after the gap and show a little patience. It seems... READ MORE
In this episode of Sector Spotlight, I take a look at current sector rotation and find that Tech and Financials are still the strong sectors in the US. From an international perspective, I also observe that the Indian $CNX500 index is definitely worth keeping an eye on. This episode of... READ MORE
Today's highlighted stock has already had an impressive rally over the last several months; however, it didn't make my screens until the stock's price went above my $5.00 threshold, which it hit today. Struggling department store operator Stage Stores (SSI) peaked in price... READ MORE
Today's results come from Carl's Scan and the Momentum Sleepers Scan. Usually, when I review these scan results, they don't come with good weekly charts. Today's weekly charts look pretty good so far, but I'll point out any weaknesses I... READ MORE
Not too many businesses can point to consistent, recurring revenue from a well-priced product that has broad appeal. Sure, steady membership income has pushed many streaming media stocks higher recently, but let's take a look at another, consumer-driven area that's been around even longer then Internet... READ MORE
In this episode of DecisionPoint, Carl and Erin kick off with a review of the broad markets and DecisionPoint indicators, before following up with an in-depth look at the new Golden and Silver Cross Indexes for each of the sectors. Carl takes a close look at the parabolic price move... READ MORE
Today's scan results include two Technology - Software companies. I highlighted Microsoft (MSFT) some time ago and it has since performed well. Overall, the past week has been difficult with regard to finding the right "diamonds in the rough," but I have to say that today... READ MORE
RUSSELL 2000 HAS BREAKOUT DAY...Stocks around the world are off to a strong start to the week. The Nasdaq and S&P 500 are hitting new records; while the Dow isn't far behind. Most stock sectors are also rising led by technology, healthcare, cyclicals, industrials, and... READ MORE
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares shortcuts for finding money flows into groups and uncovering the top stocks within. She also reviews the divide in Consumer Stocks, as well as top companies that are due to report earnings. This video originally aired November... READ MORE
Last week when I identified the Top 10 stocks in our Model, Aggressive, and Income portfolios, I provided a bonus to EarningsBeats.com members when I unveiled my first ever Value Portfolio. I'm primarily a momentum trader and you rarely associate momentum stocks with value stocks. But the... READ MORE
Several finance-related ETFs and stocks broke out with big moves from early October to early November. Many of these then stalled over the last two weeks and this rest could be the pause that refreshes. Today we will look at performance for the finance-related ETFs and the bull flags taking... READ MORE
As I complete this weekly technical note, I have just wound up the inaugural CMT India Summit at Mumbai yesterday. Insights shared by the Association's co-founder Ralph Acampora, Martin Pring and Julius de Kempenaer were the key takeaways of the event. Coming back to the markets, although they... READ MORE
The S&P 500 SPDR and Nasdaq 100 ETF recorded new all time highs this past week, while the S&P MidCap 400 SPDR hit a new 52-week high in November. Sounds bullish, but the S&P SmallCap 600 SPDR and Russell 2000 ETF are still well... READ MORE
The University of Michigan's Index of Consumer Sentiment hit its 4th straight monthly gain with a 96.8 level that was above estimates. Driven by an increasingly optimistic spending outlook among Americans amid a backdrop of record highs in the stock market and reduced trade tensions, the news... READ MORE
Over the past few months, we've seen some new market leadership emerge. If you're simply following the S&P 500, then you probably haven't noticed much difference. We consolidated a bit in August and September before then resuming the uptrend. It's... READ MORE
When I worked for a large asset management firm, we had a number of fantastic digital displays that allowed us to view stock charts on a massive scale. The size of the screens made the work of identifying trends and inflection points much easier - and also way more fun.... READ MORE
When the market goes up, we normally expect new highs to expand and new lows to contract. So far this month, for Nasdaq Composite stocks, the opposite is happening, and that is a negative signat, at least for the short term. We should also note that an expansion of new... READ MORE
Editor's Note: This article was originally published in John Murphy's Market Message on Friday, November 22nd at 12:01pm ET. Last Friday's message wrote about healthcare stocks going from one of the market's weakest sectors to one of the strongest. During the... READ MORE
On 8 November, StockCharts.com announced the arrival of cryptocurrency data in this ChartWatchers article. Regardless of what you think of cryptocurrencies, it's becoming increasingly hard to ignore them as the group of people that engage in trading them continues to grow. Personally, I have no super-strong belief... READ MORE
HEALTHCARE CONTINUES TO GET STRONGER... Last Friday's message wrote about healthcare stocks going from one of the market's weakest sectors to one of the strongest. During the first eleven months of the year, healthcare was the market's second weakest sector (with only energy doing... READ MORE
This is a very interesting question. Many lagging groups will outperform for a day, week, or even a month, but then they fall right back into their relative downtrends. If you're trading stocks within sectors and industry groups showing poor relative strength, you're fighting an uphill... READ MORE
10 years ago, I traded the stock market much differently. I didn't maintain a "Strong Earnings ChartList" to trade exclusively from like I do now. I considered relative strength, but it wasn't a primary focus. But I look at the overall stock market and... READ MORE
Scan results are beginning to wane on the majority of my bullish scans. If this continues, I will likely unveil some shorting opportunities next week. Today's results include Disney (DIS), which I've been watching since the release of Disney+. I like that chart. I've... READ MORE
On this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the one screen to watch for short-term trades and shares how to uncover bullish stocks in the hot healthcare sector. In addition, she also covers Chinese ADRs benefitting from trade relief. This video originally aired on... READ MORE
On this episode of Real Trading with Larry Williams, Larry presents an update on his stock market forecast and talks about how to account for the news when making trading decisions. In addition, this video includes an analysis of coffee and coffee stocks and a discussion of developments on Wall... READ MORE
Relative Rotation Graphs are perfectly suited for finding pair trade opportunities. In this week's episode of Sector Spotlight (November 19th), I showed one way to find a possible pair-trading opportunity. Wanting to find a sector with high (or the highest) upward potential and the sector with high (or... READ MORE
Today's sharp midday selloff on negative trade news was a stark reminder that market conditions can change on a dime. It's also a reminder that you need to have an exit strategy in place should a pullback turn into a correction or worse. Below is a... READ MORE
Last Monday (11/18/19) on the DecisionPoint show, Carl and I introduced the Golden Cross and Silver Cross Indexes ChartList! You can get it too by downloading the free "DP Market Indicators" ChartPack. If you have previously downloaded the ChartPack, just re-install it; the new Golden Cross... READ MORE
I ran quite a few scans today, ultimately selecting four from my "Diamond Scan" and one from "Carl's Scan". The Diamond Scan picks stocks that are enjoying an uptrend already, while Carl's Scan finds bottom fishing opportunities. I'll discuss this... READ MORE