In this edition of StockCharts TV'sThe Final Bar, available to watch below, Dave begins a three-part series on selecting top charts to follow every month. In this first episode, he shares how he and Grayson Roze select the charts to include in the Top 10 lists using the... READ MORE
In this video from StockCharts TV,Julius continues to look at the narrowing market breadth and puts things into (another) perspective. The conclusion remains the same: it's a Risk-ON market, but the Risk is BIG. This video was originally broadcast on July 9, 2024. Click anywhere on the... READ MORE
Good morning and welcome to this week's Flight Path. The week ended with all of the major asset classes painting "Go" bars. However, we saw a little uncertainty in places during trading. After a few bars of weaker aqua "Go" bars, we saw equities... READ MORE
Earnings season is kicking off and Carl and Erin spotlight the banks that will be reporting on Friday. The setups aren't good for all of these banks, but some are set up nicely going into their earnings calls. Earnings are always tricky as good earnings can still result... READ MORE
We're approaching Q2 earnings season, so I'm getting ready for all the short-term trading opportunities that await. But, in the meantime, there are plenty of other earnings opportunities right now - pre-earnings advances. Several of the large cap names (think Mag 7) are already starting powerful... READ MORE
The markets continued with their unabated up move in the week that went by and ended once again with net gains. While continuing with the advance, the Nifty 50 Index extended its move higher. However, as compared to the previous week, this time, the trading range got narrower as the... READ MORE
In this StockCharts TV video, Mary Ellen reviews where things stand after the markets close at another new high. She also shares what drove price action this week and how that may change the markets going forward. Finally, she highlights precise sell strategies in a shifting market. This video originally... READ MORE
KEY TAKEAWAYS * Value sectors have been consistently underperforming the benchmarks since the April market low * Technology has outperformed the S&P 500 as well as other growth sectors in 2024 * Defensive sectors like Utilities and Consumer Staples may be the most important to watch, as they can demonstrate investor... READ MORE
KEY TAKEAWAYS * S&P 500 and Nasdaq Composite close at record highs * Equities, precious metals, and bonds all rise, but Bitcoin shows weakness * Keep an eye on the Equal Weighted S&P 500 and Nasdaq breadth to get early insight into stock market direction. If you were taking... READ MORE
KEY TAKEAWAYS * TSLA's stock price surged 32% above its zone of congestion following its April 23 earnings report * News of Tesla's dwindling inventories, plus expectations of a Fed rate cut before the end of the year (among other things), are fueling the stock's advance... READ MORE
KEY TAKEAWAYS * Today, we're looking at market breadth from a different perspective * In this article, we'll plot major US stockmarket indices on a Relative Rotation Graph * Even inside the NYFANG index, the base is narrow There's been much chatter and mentions of weak or... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe uses a chart of AAPL to demonstrate how properly using a MACD and ADX indicator combo increases your chances of success. He analyzes 10-Year Yields, Bitcoin, Tesla, Datadog, and ServiceNow. Going through all the sectors, Joe explains... READ MORE
In this edition of StockCharts TV'sThe Final Bar, available to watch below, Dave recaps a shortened trading session marked by strength in the technology sector, potential breakouts in gold stocks, and key levels to watch as the S&P 500 index makes a new closing high on... READ MORE
Residential housing is not important for its size relative to GDP, which, according to Copilot, is about 3-5%. Rather, due to its interest rate sensitivity, housing is significant because it is the first sector of the economy to turn at the end of a recession, and the first to turn... READ MORE
In this edition of StockCharts TV'sThe Final Bar, available to watch below, Dave celebrates the S&P 500 closing above 5500, laments the lack of market breadth, and provides updates on the infamous Hindenburg Omen. He also breaks down key levels to watch on charts of V,... READ MORE
KEY TAKEAWAYS * AMZN's stock price entered new all-time high territory, closing at $200.02; it could rise higher * If AMZN's stock price dips, watch for key levels to enter a long position * Amazons' next earnings report is expected to drop on August 1, 2024, which... READ MORE
In this video from StockCharts TV,Julius assesses the long-term trends as they are playing out on the monthly S&P 500 sector charts. He takes a look into the future using the expected seasonal trends for the month of July. Markets are still going higher, but the path... READ MORE
S&P 500 earnings are in for 2024 Q1, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E... READ MORE
In this edition of StockCharts TV'sThe Final Bar, available to watch below, Dave lays out the strong seasonal pattern for the S&P 500 in July, highlights the breakouts in AAPL and TSLA, shares the painful breakdowns in MGM, WM and CCL, and addresses the sudden rise... READ MORE
Today's DP Trading Room was jam packed! The lead story is definitely the fact that deflation is another possibility that many are not talking about. We don't know if it will be the final outcome, but we have a link that discusses this possibility: https://hoisington.... READ MORE
Historically, July has seen stock prices move higher almost 80% of the time, cementing this in our trader's notebook as a time to stay home and trade. Others can vacation this month! Chart 1 is my true seasonal pattern for the Dow for the last 124 years. It... READ MORE
Good morning and welcome to this week's Flight Path. "Go" bars were the order of the week again for U.S. equities and the end of the week saw a return to strong blue bars. Treasury bond prices also were able to maintain "Go"... READ MORE
The recovery in semiconductor shares ($DJUSSC) last week, in my opinion, was quite weak. Much of the strength occurred by 10am ET, and the balance of the days really didn't see much progress back to the upside. Accordingly, I'd call the rebound more market maker manipulation... READ MORE
After consolidating in the week prior, the markets resumed their up move and have ended the present week on a strong note. The markets also navigated weekly derivatives expiry, showing some signs of fatigue and impending consolidation on the last trading day after rising for four trading sessions in a... READ MORE
KEY TAKEAWAYS * Trend Continuation * Breakouts * Momentum Confirmation * Bull Flags Top 5 Stocks in "Go" Trends Trend Continuation on Rising Momentum GoNoGo Charts® highlight low-risk opportunities for trend participation with intuitive icons directly in the price action. The resurgence of momentum in the direction of the underlying price trend... READ MORE
In this StockCharts TV video, Mary Ellen recaps last week's market activity and the factors influencing market movements. She highlights two names, PANW and ADSK, as two bright spots in an otherwise rough preview of earnings season. This video originally premiered June 28, 2024. You can watch it... READ MORE
In this edition of StockCharts TV'sThe Final Bar, join Dave and Grayson as they run through top 10 charts to watch in July 2024! They'll cover breakout strategies, moving average techniques, relative strength, and much more. You don't want to miss these insights into... READ MORE
KEY TAKEAWAYS * The stock market continued to move sideways as investors continue to be indecisive * Speech from Fed Chair Powell and Fed meeting minutes could send the market in either direction * Friday's jobs report could impact price action in the stock market The stock market's theme... READ MORE
KEY TAKEAWAYS * Scanning * screening * Idea Generation * Market Breadth Join Tyler Wood, CMT, in this insightful tutorial where he demonstrates how to effectively scan for GoNoGo conditions using StockCharts.com. GoNoGo Charts, a powerful method developed by Alex Cole and Tyler Wood, blend foundational tools in technical analysis into a powerful... READ MORE
2024 has been a year marked by exceptional returns for a relatively small number of high-flying growth stocks. In recent weeks, top performers like Nvidia (NVDA) have pulled back, and Super Micro Computer (SMCI) remains well below its all-time high from earlier this year. So can the major equity benchmarks... READ MORE
"It takes 10 years to learn from the vineyard, and another 10 years to learn the wine from that vineyard." Metaphors and analogies are powerful teachers and offer behavioral adhesiveness. In other words, the ideas and lessons they present stick in our memory, and can thus more easily... READ MORE
KEY TAKEAWAYS * The 2024 bank stress results show that all participating banks are able to withstand an economic collapse * In spite of the banks passing the stress test, the XLF didn't see much movement * Look for XLF to reverse at its 50% Fibonacci retracement level and start gaining... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave shares charts for Palo Alto Networks, Arista Networks, Adobe Systems, and Fortinet, four tech stocks that are all pushing higher despite major indexes remaining sideways going into Friday's economic releases. He also breaks down the chart of... READ MORE
KEY TAKEAWAYS * NVDA shares prices are falling, but it doesn't necessarily mean that the AI trend is at an end * Expect near-term weakness in NVDA's stock price but keep in mind that longer-term prospects present a different picture * Watch key support levels since ultra-bullish sentiment could... READ MORE
One hallmark of secular bull markets is rotation. When leading stocks, sectors, and industry groups falter, there needs to be others that grab the baton and help to keep the bull market intact. Semiconductors ($DJUSSC) have been the clear leader in the stock market for years, but especially since the... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps Wednesday's late-stage rally for the S&P 500. He analyzes the charts of FDX, TSLA, RIVN, AMZN, and GLW, and reviews what a stronger US Dollar could mean for the SPX and Nasdaq. See Dave&... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe goes through the history of stock market bubbles, sharing what they look like, how they typically end, and how it relates to NVDA, MSFT, AAPL and GOOGL. Joe also covers the stock requests that came through this... READ MORE
The Transportation Sector has been one of the weaker brethren of late. That's important, as this market average forms part of the Dow Theory, which many observers believe is currently signaling a bear market. However, back in January, I wrote a piece on the Dow Theorythat came to... READ MORE
KEY TAKEAWAYS * Berkshire Hathaway Class B shares are poised for an explosive breakout * Fundamentally, BRK/B has been a consistent outperformer and is diversified among different sectors * BRK/B is working its way through a symmetrical triangle formation and could breakout in either direction Berkshire Hathaway needs no introduction. The... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave highlights technical analysis takeaways for NVDA, ENPH, PNR, GLD, and Bitcoin. He also breaks down the sudden resurgence in stocks like CCL, the benefits of long-term trend analysis on the weekly chart of the Nasdaq 100 (QQQ), and how... READ MORE