KEY TAKEAWAYS * Technology stocks end the week lower, breaking their winning streak * Semiconductor stocks sell off and take the S&P 500 and Nasdaq Composite lower for the week * Micron Technology announces earnings next week, which could mean the pullback may present an opportunity to load up on some... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave answers viewer questions on using technical indicators on leveraged and inverse ETFs like SOXL and SOXS, buying breakouts below the 200-day moving average, upside targets for gold, and whether the $USD is in a primary uptrend. See Dave'... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps a day where technology shares struggles, with leading names like NVDA and MU dropping bearish engulfing patterns to indicate short-term distributions. He also addresses the ongoing divergence between large caps and small caps, the upside potential for energy... READ MORE
Editor's Note: This article was originally published on November 21, 2022. This article has absolutely nothing to do with trend following or the markets. I have two friends; one whose birthday is June 21 and the other whose birthday is December 21. The one in December always said... READ MORE
KEY TAKEAWAYS * Gilead Sciences' stock price got a boost from positive results of a late-stage trial of its HIV drug * While Gilead still needs to replicate its results and seek FDA approval, this may be a good time for traders and investors to get in early on a potentially... READ MORE
Today on Fox Business' Varney & Company, David Bahnsen (The Bahnsen Group) was asked if the current market reminded him of the Dot.com Bubble. He said it did, but not the part about all those worthless dot.com companies that went bust. Big companies like Cisco, Microsoft, and... READ MORE
KEY TAKEAWAYS * The number of new 52-week highs is declining * The percentages of stocks trading above 200-,50-, and 20-day Exp Moving Averages are declining * Despiote narrowing breadth, the S&P continues higher While the S&P 500 continues to move higher, the number of stocks participating to... READ MORE
Note to the reader: This is the twenty-fifth and final in a series of articles I'm publishing here, taken from my book, "Investing with the Trend." Hopefully, you will find this content useful. Market myths are generally perpetuated by repetition, misleading symbolic connections, and the complete... READ MORE
KEY TAKEAWAYS * Analyst opinions of Dow Jones Industrial Average are mixed, with both bullish and bearish forecasts * While some analysts expect the Dow to hit 40,000 this year, some say it can fall to 34,000 * Basic tools like trend lines and support-and-resistance, paired with Fibonacci Retracements, can help... READ MORE
Chart 1 shows that the Dollar Index has been in a trading range since the start of 2023. Its sheer size indicates the ultimate breakout could be followed by a sizeable move in either direction. It is also likely to have important implications for many different markets and asset classes.... READ MORE
June is here! Will it be bloom or gloom for the stock market? In this month's Family Gathering video, Larry examines the current averages in the market and what the advance-decline line is telling us. He explains the Trading Day of the Month (TDOM) concept and how you... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave celebrates Nvidia's rise to overtake Microsoft (MSFT) as the largest company by market cap, creating chaos in the Technology Sector ETF (XLK) with implications for Apple (AAPL). He points out that 10% of the S&P... READ MORE
KEY TAKEAWAYS * Crude, Brent, gasoline, and natural gas tend to dip and peak in the summer months * Although seasonality plays are attractive, they're not always reliable * If you're looking to take advantage of seasonality trends, here are some technical levels to watch We're heading... READ MORE
In this video from StockCharts TV,Julius shares a rare RRG rotational pattern that he's never seen before! He then follows up with a breakdown of the current sector rotation into offensive, defensive, and sensitive, and finds that only one sector is on a positive relative trajectory... which... READ MORE
Today, Larry Williams will be hosting a "Family Gathering" meeting at 2pm Eastern Daylight Time (11am Pacific). Sign-in in begins 5 minutes prior. The show, which will include both a presentation from Larry and a viewer Q&A session, will be recorded and posted online for those... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave breaks down an upside follow-through day for the S&P 500 and Nasdaq, and highlights the continued weakness in market breadth indicators. Dave identifies key levels to watch for GLD, FSLR, ENPH, TSLA, AVGO, and BIO. Focusing in... READ MORE
KEY TAKEAWAYS * Gold reached its triangle breakout price objective * Since reaching the price objective after the triangle breakout, gold has been in a distribution phase * If gold breaks lower, it could fall by 10–12% In early 2024, gold reached the price objective derived from the breakout of the large... READ MORE
Carl and Erin return to the trading room showing you the charts you need to see to start your week! Carl covered the market trends and condition to start the program. He also covers Bitcoin, Dollar, Gold, Silver, Gold Miners, Bonds, Yields and Crude Oil. Carl also gave us a... READ MORE
Good morning and welcome to this week's Flight Path. Equities remained very strong this week as we saw a continued string of bright blue bars and a new price high. Treasury bond prices saw a surge in strength in the second half of the week as we see... READ MORE
I'm not trying to be overly dramatic, because most of you know how I feel about the stock market's long-term direction. We're going higher. Fight that at your own risk. However, short-term, we have a major storm brewing. To fully understand the possible effects... READ MORE
The week that went by was in stark contrast to the week before that, as the markets remained in an extremely narrow range before closing with modest gains. The markets demonstrated a peculiar feature over the past five sessions; on four out of five trading days, the Nifty 50 came... READ MORE
KEY TAKEAWAYS * Finding Emerging Leaders within Key GroupsChartists can find emerging leaders using price and the price relative. * Breakouts and higher highs on the price chart show absolute strength. * Upturns and breakouts in the price-relative show relative strength. The broader market is fairly mixed with one clear leader: technology. I... READ MORE
In this StockCharts TV video, Mary Ellen reviews the overbought condition in the markets after last week's move to a new high in price. She highlights select areas that pushed the markets higher and covers NVDA, AAPL, and more. She also discusses the anatomy of a true downtrend... READ MORE
There is no denying the strength of the bullish primary trend for stocks off the April low. The Nasdaq 100 index continues to make new all-time highs, closing just under $480 on Friday after gaining about 3.5% over the last week. But will this incredible uptrend continue into July... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave describes how the "breadth thrust", popularized by legendary market strategist Martin Zweig, can help to validate a new bull phase for stocks. He answers viewer questions on pairs trades, running technical indicators like RSI on price ratios,... READ MORE
KEY TAKEAWAYS * American Express (AXP) has pulled back and is in oversold levels, which may present a buying opportunity * AXP has upside potential and, to take advantage of it, you could trade an ITM debit spread * A debit spread has a favorable risk to reward potential that can add long... READ MORE
"We are in the business of making mistakes. Winners make small mistakes. Losers make big mistakes." There are zillions of cliches that paraphrase what Ned Davis said. The umbrella axiom with your portfolio should be to cut your losers. Nude investing is what I label an investor without... READ MORE
KEY TAKEAWAYS * Cooler inflation data sees Treasury yields fall and bond prices rise * The S&P 500 and Nasdaq Composite hit new highs as interest rate cuts could be on the horizon * AAPL overcomes headwinds and is playing catchup while TSLA awaits results of a shareholder vote to approve... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps a fresh new all-time high for the S&P 500, a concerning "hanging man" candle for the SPY, and troubling bearish divergences on the charts of AMZN and GOOGL. He also breaks down short-term and... READ MORE
Note to the reader: This is a set of appendices for a series of articles I'm publishing here, taken from my book, "Investing with the Trend." Hopefully, you will find this content useful. Market myths are generally perpetuated by repetition, misleading symbolic connections, and the complete... READ MORE
KEY TAKEAWAYS * A presidential contender expressed a desire to mine all remaining Bitcoin in the U.S. * 90% of Bitcoin's total supply of 21 million has been mined * If the remaining Bitcoin gets mined, it presents an unprecedented opportunity for two of the largest Bitcoin miners in the... READ MORE
Larry is going LIVE! Don't miss the upcoming "Family Gathering" webinar with Larry Williams, airing live through Zoom on Tuesday, June 18 at 2:00pm Eastern Daylight Time. In this must-see event, Larry will be presenting his current opinions on a broad variety of current market... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps the continued optimism for technology shares following this morning's bullish CPI data and the Fed's statements suggesting a Goldilocks scenario for risk assets. He also breaks down key technical signals and levels for AAPL,... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows the five ways to use the Moving Average lines to help with decision making. He discusses how these lines can help to define trend reversals and confirmed trends, when to be on the alert for a... READ MORE
In this video from StockCharts TV,Julius examines the theoretical sector rotation model and aligns it with current state of sector rotation on Relative Rotation Graphs, and the phase of the economy. He makes some interesting observations and highlights some flashing warning signals. Check out Julius' Macroeconomic Variables/Metrics... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave reviews key charts from a technical analysis perspective, including AAPL, FSLR, MSTR, and STT. He also addresses the potential bearish momentum divergence for the S&P 500 index and reviews the negative breadth conditions, with new 52-week lows... READ MORE
In most cycles, central banks around the world raise and lower short-term interest rates in a rough synchronization. Last week, the European and Canadian central banks began lowering their rates, and the British are expected to follow suit this week. Most observers of the US expect the Federal Reserve to... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps a bullish day for stocks, with 8 out of 11 S&P 500 sectors finishing higher. He breaks down the charts of NVDA, ENPH, FSLR, and AMD, and reviews a potential upside reversal in gold. See Dave&... READ MORE
Did you know that the equally-weighted RSP is seriously underperforming the cap-weighted SPY? It is losing considerable ground against the SPY and that suggests that if mega-caps fail, so will go the market. Carl shows us charts to prove his point. Next up Carl covers the market in general followed... READ MORE
Good morning and welcome to this week's Flight Path. Equities rebounded this week as we saw a string of strong blue "Go" bars and price hit a new higher high. Treasury bond prices returned to a "Go" trend with their own week of strong... READ MORE