KEY TAKEAWAYS * As 2024 winds down, it's time to set some financial resolutions for 2025. * Always look at long term charts before making investment decisions. * Be flexible, organized, and disciplined when managing your investment portfolio. Are you ready to make 2025 a financially healthy year? The beginning of... READ MORE
KEY TAKEAWAYS * Quantum computing stocks have been rising since November. * Four quantum computing stocks were in the "Small-Cap, Top 10" category in the StockCharts Technical Rank (SCTR) report. * You can also gain exposure to quantum computing stocks by investing in the Defiance Quantum ETF. Qubits, quantum advantage, gate... READ MORE
KEY TAKEAWAYS * Short-term breadth becomes most oversold in a year. * Bounce ensues, but has yet to show material increase in participation. * Setting key levels to identify a robust rebound. Breadth became oversold last week and stocks rebounded this week. Is this a robust rebound or a dead cat bounce? Today&... READ MORE
In this video, after a rundown of the general markets and sectors, Tony brings you the latest options trade ideas. These include a number of bullish and bearish ideas, including DIS, AAPL, META, BA, LULU, and many more. This video premiered on December 23, 2024.... READ MORE
KEY TAKEAWAYS * After a pullback, META's stock price could be ready for a reversal. * The uptrend is still on from a weekly perspective, but the daily chart shows the price is at a crossroads and could move in either direction. * If META's stock price is too... READ MORE
In today's free DecisionPoint Trading Room Carl discusses volume spikes and how we have to analyze big volume spikes carefully to determine whether they express a confirmation of a move or whether they are a special case and do not really provide insight. Carl goes over the signal... READ MORE
I had no idea the Fed could be such expert wafflers. But, as each month passes, it's becoming clearer. The overall stock market trend, despite all the back-and-forth, yo-yo Fed decisions over the past 6 months, remains to the upside. Need proof? Check out this weekly S&... READ MORE
After staying in the green following a sharp rebound the week before this one, the markets finally succumbed to selling pressure after failing to cross above crucial resistance levels. The Nifty stayed under strong selling pressure over the past five sessions and violated key support levels on the daily charts.... READ MORE
KEY TAKEAWAYS * The broader stock market indexes closed higher on Friday but lower for the week. * Market breadth continues to be weak despite Friday's rally. * More follow-through next week is required to confirm a reversal and the hope for a Santa Claus rally. A smart investor listens to... READ MORE
KEY TAKEAWAYS * The Hindenburg Omen looks for patterns that have consistently shown at major market tops. * Using trend-following techniques like support and resistance levels can help to improve accuracy of macro indicators. * S&P 5850 remains the most important level in our view going into year-end 2024. This week... READ MORE
KEY TAKEAWAYS * Semiconductors are caught in a tug-of-war with AI demand on one side and tariff fears on the other. * The industry's technical performance shows a narrow standstill that can break either way. * Watch SMH and its top three holdings—NVDA, TSM, and AVGO—for insights into timing... READ MORE
Nearly all of our charts currently show deeply oversold conditions. While this is usually a good thing, in a market downturn, it isn't necessarily your friend. As you can guess, we believe that Wednesday's big decline was the beginning of something more serious. But the question... READ MORE
The "Trump Trade" refers to the market reaction and investment strategies that emerged following Donald Trump's election victories and his economic policies. It describes the shift in market sentiment driven by anticipated pro-business policies, tax cuts, and deregulation under his administration. Investors initially rushed into sectors... READ MORE
KEY TAKEAWAYS * SPY and QQQ are still in long-term uptrends, but the red flags are rising. * Housing and semis, two key cyclical groups, are in downtrends. * Interest rates are rising as the 10-yr Yield reversed a 13 month downtrend. SPY and QQQ remain in long-term uptrends, but three big negatives... READ MORE
KEY TAKEAWAYS * The SPDR S&P 500 ETF (SPY) was flagged as a technically strong chart. * An analysis of the SPY chart shows the ETF is being indecisive. * Monitor the chart of SPY for indications of a decisive move in either direction. When running my StockCharts Technical Rank (SCTR)... READ MORE
KEY TAKEAWAYS * Track the Yield curve moving back to normal on RRG * USD showing massive strength against all currencies * Stock market drop not affecting sector rotation (yet) The Yield Curve The RRG above shows the rotations of the various maturities on the US-Yield Curve. What we see at the moment... READ MORE
KEY TAKEAWAYS * Broader stock market indexes got a bearish jolt on Wednesday. * Gold, silver, and cryptocurrencies joined the equity selloff. * Treasury yields and the US dollar jump higher. Uncertainty in the stock market makes it difficult to make investment decisions. When investors sell off stocks, everyone follows without giving it... READ MORE
While the S&P 500 and Nasdaq 100 have been holding steady into this week's Fed meeting, warning signs under the hood have suggested one of two things is likely to happen going into Q1. Either a leadership rotation is amiss, with mega-cap growth stocks potentially taking... READ MORE
This year has been a very good one for stockholders. Come to think of it, 2023 wasn't so bad either. After an extended period of gains, it's natural for investors to become complacent, especially as they head home for the holidays. This is the kind of... READ MORE
Good morning and welcome to this week's Flight Path. The "Go" trend in equities continued again this past week but we saw some weakness as GoNoGo trend painted a few weaker aqua bars. Treasury bond prices experienced a change in trend as a few bars of... READ MORE
Today Erin looks at the Broadcom (AVGO) chart and compares it to the NVIDIA (NVDA) chart. She shows us the differences between the two and tells you whether she believes AVGO will be the new NVDA, meaning it will perform as NVDA used to perform with a concerted move up... READ MORE
The markets had a wide-ranging week once again; however, they ended near its high point this time. The Nifty had ranged sessions for four out of five days; the last trading day of the week saw the Nifty swinging wildly before closing near its high point. The trading range also... READ MORE
In this video, Mary Ellen highlights how select M7 stocks, mostly TSLA, propped the markets up while some sectors continued to trend lower. She reviews how to find entry points in winning stocks, and also discusses why Small Caps are falling. This video originally premiered December 13, 2024. You can... READ MORE
In recent interviews for my Market Misbehavior podcast, I've asked technical analysts including Frank Cappelleri, TG Watkins, and Tom Bowley what they see happening as we wrap a very successful 2024. With the Nasdaq 100 logging about a 30% gain for 2024, it's hard to imagine... READ MORE
There are a number of ways that you can find great trading opportunities. One way is to simply follow a chart on a WatchList and wait for certain indicators to reach "buy" points. For instance, an uptrending stock many times will find support as its 20-day EMA is... READ MORE
After the November pullback, GLD began to rally again. This week, on Wednesday, price exceeded the nearest November top, which made official the new rising trend from the November low. Brief celebration ends the following day as GLD tops, setting the top boundary for a bearish rising wedge formation. Rising... READ MORE
Despite its position as a luxury automaker synonymous with prestige and performance, Ferrari N.V. (RACE) may be showing signs of a near-term downturn. Recent price action, coupled with stretched valuations and slowing shipment trends, suggests that RACE may face potential downside. By incorporating both technical and fundamental analysis, we... READ MORE
KEY TAKEAWAYS * CSCO stock has pulled back to its 21-day exponential moving average and is poised for a reversal. * Monitor the stochastic indicator to confirm a reversal in CSCO's stock price. * If you enter a long position in CSCO, establish your stop loss and have the discipline to... READ MORE
KEY TAKEAWAYS * SOFI's stock price recently appeared in the SCTR Report's top 10 list in the large-cap category. * After a strong two-month rally, the fintech stock is now pulling back. * Monitor SOFI's chart and watch key levels closely as the stock approaches a potential... READ MORE
KEY TAKEAWAYS * Small caps tend to outperform following an election year. * In most annual cycles, small caps also have their seasonal tendencies. * The chart of the iShares Russell 2000 ETF (IWM) is worth monitoring, especially as it approaches a buy point. With an new administration inbound in Washington, D.C.... READ MORE
In this exclusive StockCharts video, Joe shows how to use the MACD zero line as a bias for a stock. As opposed to offering a buy signal, this Zero line level can provide insight into a market or stock's underlying condition; Joe shows how to refine that information... READ MORE
In this exclusive StockCharts video,Julius gives a quick update on sector rotation, then examines the strength uncovered in Consumer Discretionary. He analyzes names like TSLA, AMZN, and LULU; some are in full swing uptrends, but there are also a few names that are on the verge of turning around... READ MORE
Tony and Grayson are back with another informative video highlighting the opportunities the OptionsPlay add-on brings to the StockCharts platform. Tony highlights income generation ideas you can find with the add on. Together, the duo also cover the strategy center, and the SharpCharts and ACP widgets. This video premiered on... READ MORE
KEY TAKEAWAYS * The S&P 500 and Nasdaq Composite are inching toward key support levels. * Gold prices have risen on news of China's central bank's decision to buy gold. * NVDA is under investigation for antitrust activities, and its stock price is declining. The Tuesday afternoon... READ MORE
Chart 1 compares the S&P Composite with the NYSE A/D Line and its Common Stock counterpart. These, of course, are not intermarket relationships, but the chart does show that some near-term weakness would violate their bull market trendlines. Violating a trendline is not necessarily the end of... READ MORE
KEY TAKEAWAYS * If you want to reposition your portfolio for 2025, consider the potential policy changes that can significantly affect the market. * Focusing on financials and using MarketCarpets Bollinger BandWidth setting identifies stocks with low volatility setups, among other qualities. * Identify stocks that meet your investing criteria and add them... READ MORE
In this video, Dave unveils his "line in the sand" technique to help determine when stocks in established uptrends may be near the end of the bullish phase. He'll share specific levels he's watching for the S&P 500, AMZN, TMUS, and KR,... READ MORE
Looking for options trade ideas? In this video, Tony presents some of the best options trading strategies! After discussing special 0DTE strategies, the big picture, and individual sectors and industries, Tony covers bullish and bearish ideas for stocks including NVDA, SHOP, GOOGL, META, CAT and many more. This video premiered... READ MORE
KEY TAKEAWAYS * Tractor Supply Co. may be setting up for a declining move in its stock price. * Take advantage of the downside move in Tractor Supply using a call vertical spread. * Monitor the OptionsPlay scans to identify options strategies to apply to stocks like Tractor Supply Co. Despite attempts to... READ MORE
Today Carl looks at the 26 indexes, sectors and groups in a CandleGlance to see how the indexes stack up. It is clear that all of the indexes are as good as they can get. Carl warns that when things are as good as they can get, the only place... READ MORE