There's been a rotation in the U.S. markets recently as faster moving, high growth stocks have given way to value within the U.S. As you can see in the chart below, the Vanguard Value ETF has been outpacing momentum stocks for about a month now. Vanguard... READ MORE
When the biotechs ($DJUSBT) get rolling, make sure to jump on board for the ride! The DJUSBT broke out above 600 at the beginning of 2012; by the time the run was over 3 1/2 years later, it had gained 167%! Since the middle of 2015, this same group... READ MORE
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen gives her review of current markets, including sector and group rotation, before covering using ETFs to capitalize on the move into Biotechs. She also discusses exit strategies and what to look out for when using them. This episode... READ MORE
As of this article's writing, I have just passed the two-month mark after joining StockCharts.com as Chief Market Strategist. Let me tell you, it's been an absolute pleasure getting to know all of the developers that are building and maintaining the powerful set of features... READ MORE
These are not huge problems, but they do have negative implications for the short term. First, there is the rising wedge formation, a formation that will most often resolve to the downside -- not always, but most often. Next the VIX is very close to the upper Bollinger Band, which... READ MORE
This week, we rolled out new data coverage for the crypto market, with real-time prices updated 24/7 and full integration into all of the tools and features you know and love on StockCharts. You can now create advanced technical charts for Bitcoin, Ethereum, Litecoin, XRP, Monero and many more.... READ MORE
A yield curve is a graphical representation of yields on bonds with different maturities. The most common example is the government bond yield curve, but it is very well possible to render a yield curve for other types of bonds, such as corporate bonds, high yield bonds, etc. The government... READ MORE
COPPER AND GOLD HAVE BEEN TRENDING IN OPPOSITE DIRECTIONS... A lot of recent intermarket rotations in global markets have started to show more optimism; along with a willingness to favor economically-sensitive and riskier assets at the expense of safe haven defensive ones. That has included the buying of stocks and... READ MORE
Editor's Note: This article was originally published in Martin Pring's Market Roundup on Thursday, November 7th at 1:28pm ET. Back in mid-September, I wrote an article on US equitiesthat pointed out how several short-term indicators had reached extreme overbought levels, a sign of strong underlying... READ MORE
I've maintained a bullish stance throughout the past 21 months of stock market turbulence. My signals simply reminded me to ignore the negative media and all the attempts to take the stock market lower. Don't follow CNBC's rhetoric. If they were right, we'... READ MORE
I wrote an article earlier this morning in the free EarningsBeats Digest newsletter that showed the Invesco S&P SmallCap Industrials ETF (PSCI) outperforming its larger cap counterpart industrials sector ETF (XLI) over the past few months, a change from what we'd grown accustomed to since August... READ MORE
I follow the Dollar and UUP, the companion ETF, as part of the "Big Four" in the DecisionPoint Alert. (Carl follows it as well in his Friday Weekly Wrap.) I wrote yesterday that it was looking good; today, it was among my scan results with two new BUY... READ MORE
On this episode ofReal Trading with Larry Williams, Larry discusses the best seasonal trades of the year for 6 stocks, presents a new Great Unknown Growth Stock and presents his forecast for Bitcoin ($BTCUSD). Additionally, Larry presents a new contest question and answer. This episode originally aired on November 7th,... READ MORE
* Two Meaningful Breakouts * One Chart Still to Break Out Back in mid-September, I wrote an article on US equitiesthat pointed out how several short-term indicators had reached extreme overbought levels, a sign of strong underlying momentum that historically had been followed by higher prices. However, since overbought conditions are typically... READ MORE
STOCK INDEXES HIT NEW RECORDS... Optimism on trade between the U.S. and China is pushing risk assets higher and defensive ones lower. All three major U.S. stock indexes are hitting new records this morning. Chart 1 shows the S&P 500 in record territory. Eight sector SPDRs... READ MORE
The Growth vs. Value relationship is always an interesting topic, as many believe it provides (additional) information or support for directional moves in the general market (S&P 500). The Relative Rotation Graph above shows the relationship between these two market segments, using the DJ US index as the... READ MORE
Well, at first it simply means that there were enough sellers to hold off the bulls on their initial attempt to join the Dow Jones, S&P 500 and NASDAQ in breakout territory. I wouldn't worry a whole lot, however, as I believe it's just... READ MORE
Last Friday, all four indexes on the Scoreboards had weekly PMO crossover BUY signals. It is hard to argue a Scoreboard that is this positive, but I still see a few problems that I'll talk about further. Carl and I discussed a new version of the Swenlin Trading... READ MORE
It isn't always the case, but today I had a few "big" large-cap names hit my scans that I think could be "diamonds in the rough." At the same time, though, I had a very low-volume stock hit the radar among these giants. I&... READ MORE
Yesterday, 5 November, was the first Sector Spotlight show of the month. My goal is to use every first show of each month to review the big picture for asset classes and US sectors using monthly charts, and that's exactly what I did yesterday. If you missed the... READ MORE
In this edition of Trading Simplified, Dave discusses the concept of Trading the Trend Knockout (TKO), a strategy to take advantage of the predicament of other traders. In addition, he brings back the "Mystery Chart" segment, which includes two new TKO mystery charts. This episode originally aired on... READ MORE
The new high parade continued this week with the S&P 500 SPDR and four sector SPDRs hitting new highs. The Technology SPDR (XLK), Industrials SPDR (XLI), Finance SPDR (XLF) and Materials SPDR (XLB) recorded new 52-week highs. The Healthcare SPDR (XLV) recorded a new high for 2019, but... READ MORE
I wrote a while back about Home Bias, which describes how investors tend to stay "close to home" when making their investment decisions. Not only do US-based investors often invest exclusively in American companies, they also overweight companies that are closer to them geographically within the U.S.... READ MORE
There are two groups, when they get rolling, that you do not want to miss. The first is semiconductors ($DJUSSC), which have exploded through resistance over the past two weeks and are higher by roughly 30% since June. KLA Corp (KLAC), Teradyne (TER), Advanced Micro Devices (AMD), Lam Research (LRCX)... READ MORE
Today, the Energy ETF (XLE) triggered a new Intermediate-Term Trend Model BUY signal for the first time in months. I was already seeing more energy-related stocks in my DecisionPoint scans, so I wasn't totally surprised to see that the sector is appearing to make a comeback. It has... READ MORE
HIGHER BOND YIELDS STARTED ROTATION INTO FINANCIALS AND INDUSTRIALS... My message from two weeks ago (October 25) suggested that the recent rise in bond yields and the steeper yield curve over the last two months may explain several rotations with the stock market. The main focus was on financials which... READ MORE
I generally look to prior price highs in determining overhead resistance, but in the case of all-time highs, there are none. So where do we go next? From a bigger picture outlook, we can use pattern measurements. Based on the recent ascending triangle breakout, I'd look to 3225... READ MORE
In this episode of DecisionPoint, Carl and Erin talk about the negative divergences on the Swenlin Trading Oscillators. Afterwards, they dig into what the believe could be the next "bubble" - ETFs. Despite being excellent vehicles for trading, indexed ETFs could be pushing the stock market toward the... READ MORE
Today was a mixed bag as far as today's Diamonds were concerned. I ran quite a few scans, but wasn't particularly excited about many of the results. I was persistent, however, and found a handful that do look very interesting. Notably, I have three Energy stocks... READ MORE
The Russell 2000 Small Cap Index is on the move and, while these smaller stocks can provide outsized returns, there's also an inherent volatility that one needs to be aware of before venturing into this asset class. DAILY CHART OF LIFEVANTAGE CORP. (LFVN) Let's take a... READ MORE
The monthly Market Roundup video for November 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 Group of Walnut Creek or its affiliates.... READ MORE
DOW JOINS OTHER MAJOR INDEXES IN RECORD TERRITORY...Chart 1 shows the Dow Industrials trading above their July high to put them in record territory. The Nasdaq and S&P 500 hit new records last week. Financials and materials are hitting new records today as well. Other leaders include... READ MORE
Here's today's EB Digest article that I sent to free subscribers close to 8am EST this morning. I just wanted to provide a sample of what you'll get if you SIGN UP. Looking for a Negative Earnings Surprise I've been providing a... READ MORE
During a truncated week that began with a short Mahurut session, the markets ushered us into the new year on a buoyant note. In the previous weekly note, it was mentioned that the NIFTY's behavior against the price zone of 11700-11750 would be crucial to watch and that... READ MORE
NASDAQ AND S&P 500 END IN RECORD TERRITORY...A strong jobs report on Friday (two days after the Fed cut rates for the third time this year) sent stock prices sharply higher. Chart 1 shows the S&P 500 hitting a new high on Friday for the... READ MORE
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen uncovers areas of the market that are poised to outperform. She also discusses how to get in front of the best candidates, as well as failed breakouts and what to look out for. This episode originally aired on... READ MORE
Today saw fresh all-time highs hit on most of the broad market indexes. The weekly Price Momentum Oscillators (PMOs) just generated new Intermediate-Term BUY signals on all four DecisionPoint Scoreboard indexes (SPX, NDX, Dow and OEX). These signals are triggered when the weekly PMO crosses above its signal line on... READ MORE
Editor's Note: This article was originally published in Martin Pring's Market Roundup on Friday, November 1st at 1:36pm ET. At Pring Turner Capital, the registered investment advisory firm where I serve as investment strategist, our investment approachinvolves the proactive rotation of client's assets... READ MORE
The venerable Advance-Decline and Advance-Decline Volume Lines are confirming the rising price tops over the last ten months, which is reassuring for the bulls. Unfortunately, some other breadth indicators disagree. Specifically, neither the SPX Silver Cross Index (percent of SPX stocks with 20EMA higher than 50EMA) or the SPX Golden... READ MORE
We are now deep into earnings season and, as we can see by the record highs in the NASDAQ and S&P, traders are mostly liking what they are hearing and seeing from companies who are reporting their numbers. We've seen some phenomenal moves in stocks -... READ MORE