Good morning and welcome to this week's Flight Path. The "Go" trend in equities continued again this past week and we saw a full week of uninterrupted bright blue bars. Treasury bond prices painted "Go" bars and the week ended with strong blue bars.... READ MORE
The markets closed with gains for the third week in a row, as key indices posting gains while extending their technical rebound. The Nifty trended higher most of the week. The volatility was largely absent, but the Indices stayed quite choppy on most days except the last, where it remained... READ MORE
KEY TAKEAWAYS * The FinTech ETF (FINX) is leading the market since September. * FINX is both strong and extended as the PPO exceeded 20%. * It is time to wait for the next setup or look within the group for setups. Chartists looking for stock setups can start with strong industry groups.... READ MORE
KEY TAKEAWAYS * The broader stock market indexes continue to notch new record highs. * Risk appetite is strong as Bitcoin rises while Treasury yields and volatility retreat. * Earnings from Oracle, Adobe, Broadcom, and Costco may move the stock market next week. The first trading week in December started on a positive... READ MORE
After a broad market review, Mary Ellen shares strategies for trading pull backs and breakouts in stocks. Highlights include a deep dive into ARK's Innovation ETFs and their holdings, locating market strength in the process. Tune in for valuable insights and tips to help you make informed investment... READ MORE
KEY TAKEAWAYS * Low VIX reading implies that conditions are favorable for stocks. * The MOVE index is basically a VIX for bonds, and can help to corroborate volatility readings across asset classes. * High yield spreads remain quite narrow, implying bond investors perceive a low risk environment. "The market goes up... READ MORE
You may not know it, but StockCharts' library of economic indicators has recently been enlarged. It's not as extensive as, say, the stock coverage, but it does include a lot of indicators that actually work, in the sense of helping identify major reversals in stock, bond, and... READ MORE
KEY TAKEAWAYS * Growth stocks are regaining leadership over value. * Small and mid-cap growth sectors are leading the charge. * Large-cap value is currently the weakest market segment. Growth vs. Value Rotation: The Pendulum Swings Again Relative Rotation Graphs (RRG) are not just good tools to use in analyzing sector rotation; they&... READ MORE
Industrials (XLI) benefited greatly from the "Trump Trade", but fell back to digest the gap up rally. It rallied again, but failed after overcoming overhead resistance at the prior November top. Now it is pulling back once again, which that has formed a bearish double top formation. The... READ MORE
Could we see a short-term shift towards defensive sectors? Real estate? Utilities? I haven't uttered these words in awhile. And why should I as our major indices have forged into new all-time record high territory? Well, I'm only talking about very near-term, maybe the next 1-3... READ MORE
The secret sauce of 1-2-3 investing is quite simple: don't skip Step 2. Far too many investors who've succeeded in creating wealth are anxious to rush forward with "all gas, no brakes" to embrace the excitement of Step 3 - Asset Growth. Only in... READ MORE
My recent discussions on the Market Misbehavior podcasthave often included some comments on the interest rate environment, particularly the shape of the yield curve. We've had an inverted yield curve since late 2022, and so the yield curve taking on a more normal shape could mean a huge... READ MORE
KEY TAKEAWAYS * CSCO stock has been in a slow uptrend since August and is outperforming the Nasdaq Composite. * CSCO's stock price is at an all-time high and indicators suggest the stock can continue trending higher. * Look for a pullback and a bounce off its 21-day exponential moving average.... READ MORE
KEY TAKEAWAYS * Assess the cumulative strength or weakness of a stock's up and down days to help decide on a prospective trade or investment. * MarketCarpets can comprehensively display the cumulative strength or weakness of stocks in a specific group, such as the S&P 500. * Discover how... READ MORE
KEY TAKEAWAYS * The technology sector got a boost from Salesforce's stellar rise in stock price. * In lieu of purchasing shares of Salesforce stock, you could try trading options on the stock. * The call vertical spread is an optimal strategy to take advantage of Salesforce's growth. When... READ MORE
In this exclusive StockCharts video, Joe uses long-term views of the S&P 500 to explain how the market is positioned as we move into 2025. He uses Yearly and Quarterly Candles and describes why there is a risk of a pullback next year, and he also covers the... READ MORE
KEY TAKEAWAYS * On Monday, Super Micro Computer Inc. (SMCI) jumped 29%. * Bullish investors began buying SMCI on news of the company's financial stability after its 85% plunge in November. * Watch the $50 resistance level in SMCI's stock price, in addition to other key levels, as a... READ MORE
In this exclusive video,Julius analyzes the completed monthly charts for November and assesses the long-term trends for all sectors. What we can expect for the coming month of December based on seasonality? With the technology sector under pressure, an interesting opportunity appears to be arising in Financials. This video... READ MORE
In this video, Dave reflects on the shape of the yield curve during previous bull and bear cycles with the help of StockCharts' Dynamic Yield Curve tool. He shares insights on interest rates as investors prepare for the final Fed meeting of 2024, and shares two additional charts he&... READ MORE
In this video, Tony shows how he starts his week with a clear technical and fundamental perspective of the stocks he's likely going to enter, and of options positions throughout the week, and how you can apply that yourself. Tony shares bullish (NVDA, DIS, SHOP) and bearish (AAPL,... READ MORE
KEY TAKEAWAYS * NVDA's stock price has retested its $130 support level and bounced higher, which could provide a bullish trading opportunity using options. * NVIDIA's fundamentals are compelling and support a rise in its stock price. * Selling a put vertical spread provides a limited-risk scenario with a... READ MORE
On Friday our short-term Swenlin Trading Oscillators (STOs) turned down even after a rally. This is an attention flag that we shouldn't ignore, but what do the intermediate-term indicators tell us? Are they confirming these short-term tops? Carl goes through the DP Signal tables to start the program... READ MORE
Good morning and welcome to this week's Flight Path. The "Go" trend in equities continues this week and we saw an uninterrupted week of strong blue bars. Treasury bond prices have seen a return to a "Go" trend with a pale aqua bar at... READ MORE
Having used many technical analysis platforms over my career as a technical analyst, I can tell you with a clear conscience that the ChartList feature on StockCharts provides exceptional capabilities to help you identify investment opportunities and manage risk in your portfolio. Once you get your portfolio or watch list... READ MORE
KEY TAKEAWAYS * The broader stock market indexes take a breather. The day before Thanksgiving, the stock market took a little breather. But the weekly performance was still impressive. The Dow Jones Industrial Average ($INDU) remains the broader index leader, rising 0.96% for the week. The S&P 500... READ MORE
In this video from StockCharts TV,Julius takes a deep dive into US sector rotation, breaking it down into offensive, defensive and cyclical sectors. He first looks at the relative rotations that are shaping up inside the group, assessing each sector's price chart in combination with the rotation... READ MORE
If you want big returns, I'm convinced you'll find them in small caps. When I make bold predictions, and many of you know that I do fairly often, it's usually supported by long-term perspective. Most everyone has a negative bias towards small caps right... READ MORE
KEY TAKEAWAYS * The 10-yr Treasury Yield reversed its upswing with a sharp decline. * The 7-10 Yr Treasury Bond ETF surged and reversed its downswing. * Lower yields provided a big boost to the Home Construction ETF. The 10-yr Treasury Yield reversed its upswing with a sharp decline and the Home Construction... READ MORE
KEY TAKEAWAYS * MicroStrategy's price is correlated with Bitcoin's. * In 2024, Microstrategy's stock price surged from a low of $43 to a high of $543. * Look for MicroStrategy's stock price to fall between $318 and $320, its next support level. On November 21,... READ MORE
This article is not centered around a specific theme; rather, it focuses on some charts which look as if they are about to signal an important change in trend. In this case, "important" is defined as a forthcoming move lasting at least 3-months. My indicator of choice for... READ MORE
Join Tony as he walks you through a Macro Market outlook, and shares his top bearish and bullish options trading ideas. He talks growth vs. value, commodities, bonds, the Dollar Index, sectors like homebuilders and semiconductors, and stocks like NVDA, DIS, INTC, and more. This video premiered on November 26,... READ MORE
In this video, Dave shares how he uses the powerful ChartLists feature on StockCharts to analyze trends and momentum shifts as part of his daily, weekly, and monthly chart routines. He shows how mindful investors can use ChartLists to identify inflection points, focus on top performers, analyze performance trends, and... READ MORE
KEY TAKEAWAYS * Stocks and bond prices rallied on Monday in response to President-elect Trump's pick for Treasury Secretary. * Gold and oil prices fell steeply as concerns of geopolitical risks ease. * Small and mid-cap stocks were the leaders in today's equity rally. It's a short... READ MORE
KEY TAKEAWAYS * CrowdStrike's stock price is showing signs of reaching its 52-week highs and breaking above it. * The bull put spread is an options strategy you can implement to take advantage of CrowdStrike stock's bullish move. * A bull put spread will benefit even if CrowdStrike'... READ MORE
Good morning and welcome to this week's Flight Path. The "Go" trend in equities has proved to be resilient as we saw strong blue "Go" bars return this week. Treasury bond prices remained in a "NoGo" although this week we did see... READ MORE
Today Carl looks at the small-caps and mid-caps that have now begun to outperform the market. Clearly the rally is broadening, the question now is can we continue to make new all-time highs. It does seem very likely especially given the positive outlook on the Secretary of Treasury nomination. Carl... READ MORE
No matter how you slice it, small and mid caps have been absolutely crushed on a relative basis since 2021. The unfortunate part about this is that most traders have recency bias. They believe whatever has been working will continue to work and things that haven't been working... READ MORE
In a truncated trading week, the Indian equities closed the week with gains thanks to a robust technical rebound that it witnessed on Friday. The Nifty continued to wear a corrective look for three days; on the last trading day of the week, the Index managed to get itself into... READ MORE
In this StockCharts TV video, Mary Ellen reviews the broad-based rally that pushed the Equal-Weighted SPX to new highs. She also shared base breakouts and downtrend reversal candidates in the now hot Retail space, and takes a close look at 3 old school stocks that are seeing AI-related growth. This... READ MORE
I've always found technical analysis to be a fantastic history lesson for the markets. If you want to consider how the current conditions relate to previous market cycles, just compare the charts; you'll usually have a pretty good starting point for the discussion. As we near... READ MORE