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The False Flag of Fed Rate Cuts | Focus on Stocks: March 2024
by Larry Williams,
Veteran Investor and Author
Let's begin this month with a look at...
The False Flag of Fed Rate Cuts
Day after day, we hear how the Fed will embark on a series of rate cuts this year "because inflation has peaked" and is heading lower. The drop in inflation is...
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Flip the Script: Defense as Your New Offensive Playbook
by Karl Montevirgen,
Financial Writer
KEY TAKEAWAYS
* March is a strong seasonal month for Utilities and Consumer Staples in relation to the broader market
* Utilities and Consumer Staples are defensive plays which, if timed correctly, can result in a positive market outcome
* The StockCharts Seasonality charts can help you identify sector plays that may not...
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BITCOIN Rally Picks Up Steam, What's Next?
by David Keller,
President and Chief Strategist, Sierra Alpha Research
In this edition of StockCharts TV'sThe Final Bar, Dave shares his first market update from Dubai with a recap of Bitcoin's electrifying rally, Tesla's bounce higher, and Alphabet's pullback. The S&P 500 remains above 5K with plenty of new 52-week...
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DP Trading Room: The PMO Versus the MACD!
by Erin Swenlin,
Vice President, DecisionPoint.com
Today Carl explains the benefits of using the Price Momentum Oscillator versus the MACD. They are not the same!
Carl then gives us his insights on the market in general as well as Bitcoin news, Magnificent 7 overview, as well as Crude Oil and Interest Rates.
Erin gives us an...
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Evaluating Risk is a Key Difference Between Successful and Unsuccessful Traders
by Tom Bowley,
Chief Market Strategist, EarningsBeats.com
This secular bull market advance is running over everyone attempting to get in its way. It's why I always say never to bet against one. Trying to short this type of bull market is the equivalent of financial suicide. I usually have music playing in the background while...
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Finding Leaders and Bullish Signals on the Price Chart
by Arthur Hill,
Chief Technical Strategist, TrendInvestorPro.com
Chartists can improve their odds by focusing on stocks that are in long-term uptrends and showing upside leadership. This is similar to a dual-momentum approach, which was covered last week. Today's example will use the 40-week SMA to define the trend, a 52-week high to confirm upside leadership...
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Week Ahead: NIFTY Likely to Continue Consolidating; Finding Relative Outperformance
by Milan Vaishnav,
Founder and Technical Analyst, EquityResearch.asia and ChartWizard.ae
In the previous technical note, it was categorically mentioned that, while the overall trend may stay intact, the markets could continue to largely consolidate. In line with the analysis, the markets kept consolidating, staying in a broad but defined trading range. That range, over the past week, was 422 points;...
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How Overextended Are You, QQQ?
by David Keller,
President and Chief Strategist, Sierra Alpha Research
We've highlighted all the warning signs as this bull market phase has seemed to near an exhaustion point. We shared bearish market tells, including the dreaded Hindenburg Omen,and how leading growth stocks have beendemonstrating questionable patterns. But despite all of those signs of market exhaustion, our growth-led...
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MEM TV: Simple Way to Identify a Buy Point in NVDA
by Mary Ellen McGonagle,
President, MEM Investment Research
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what drove the markets to new highs and what areas are outperforming. She also shares how to identify a buy point in NVDA after its gap up following earnings, as well as how to determine when a...
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AMD's Sensational Halt — What You Need to Watch
by Karl Montevirgen,
Financial Writer
KEY TAKEAWAYS
* Advanced Micro Devices (AMD) recovered quickly from a post-earnings slump
* Its longer term price action suggests indecision and the current pattern can also break either way
* This can either be a short-term trade or an investment; both scenarios will require different strategies
If you ran a StockCharts Gap...
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The Best Technical Indicator for Long-Term Investors
by David Keller,
President and Chief Strategist, Sierra Alpha Research
In this edition of StockCharts TV'sThe Final Bar, Dave drops an all-mailbag episode featuring viewer questions on the Hindenburg Omen, ascending triangle patterns, Fibonacci Retracements, projecting upside targets for stocks like NVDA, and the best technical indicator long-term investors should use!
This video originally premiered on February 23,...
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Is Energy About to Undergo a Strong Seasonal Sector Surge?
by Karl Montevirgen,
Financial Writer
KEY TAKEAWAYS
* Combining fundamental forecasts with seasonality patterns offers a potent strategy for identifying tradable opportunities in specific sectors
* The Energy (XLE), Utilities (XLU), and Materials (XLB) sectors exhibit the strongest seasonal performance in the near-term
* Seasonality charts provide valuable insights, but checking overall stock market conditions and technical trading...
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NVDA SCREAMS BULL With Earnings Breakout
by David Keller,
President and Chief Strategist, Sierra Alpha Research
In this edition of StockCharts TV'sThe Final Bar, Dave identifies key resistance levels for QQQ and HYG, along with a technical analysis downtrend checklist for charts in confirmed bear phases. Guest Larry Tentarelli of Blue Chip Daily Trend Report shares two stocks he's tracking along with...
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S&P 500's Sensational Rally Keeps On Going Thanks to NVDA — What You Need to Watch
by Jayanthi Gopalakrishnan,
Director of Site Content, StockCharts.com
KEY TAKEAWAYS
* S&P 500 hits a new all-time high and could keep on going
* NVIDIA's stellar earnings report was a catalyst to the rise in the S&P 500
* Volatility declined, indicating that investors are still relatively calm
Well, Nvidia did it! A stellar earnings...
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3 Unique RSI Techniques to Maximize Your Investments
by Joe Rabil,
President, Rabil Stock Research
On this week's edition of Stock Talk with Joe Rabil, Joe dives into the world of technical analysis by sharing three unique ways to utilize the RSI indicator alongside MACD and ADX -- the Pullback Trade, Confirming a Breakout and 2nd Chance Entry. He then covers the symbol...
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The Hoax of Modern Finance - Part 9: Market Facts — Bull and Bear Markets
by Greg Morris,
Veteran Technical Analyst, Investor, and Author
Note to the reader: This is the ninth 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 ignorance of...
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Markets Bracing for NVDA Earnings
by David Keller,
President and Chief Strategist, Sierra Alpha Research
In this edition of StockCharts TV'sThe Final Bar, Dave breaks down the latest market breadth indicators, ranging from bullish (S&P 500 advance-decline line) to bearish (Bullish Percent Indexes breaking down) to everything in between. He also analyzes key growth names including SMCI, PANW, AMZN, and NVDA....
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Emerging Markets Getting Closer to a Breakout
by Martin Pring,
President, Pring Research
Last November I asked the question "Are emerging markets about to emerge?"Using the iShares MSCI Emerging Markets ETF (EEM) as our benchmark, I concluded that more strength was needed in order to push the indicators into a bullish mode. In the intervening period, things have improved, but...
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The Halftime Show: Don't Box the Invisible Man -- EPS Reports
by Pete Carmasino,
Chief Market Strategist, Chaikin Analytics
On this week's edition ofStockCharts TV'sHalftime, Pete takes a look at long-term trends. Semiconductors taking it on the chin. Inflation is still a problem. Bonds are selling off, and the Fed isn't cutting rates until, in Pete's opinion, the unemployment rate falls....
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Decoding 10-Year Treasury Yields: A Monthly/Secular Perspective Overview
by Stewart Taylor,
Retired Technical Analyst
I begin each year by reviewing the long-term technical positions and behaviors of the "Big Four" — 10-year yields, S&P 500 ($SPX), Commodities, and the US Dollar. I believe that interest rates, particularly in a credit-dependent/leveraged system, generally drive economic and market cycles. And, since by...
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The Titanic Syndrome Indicator Issues a WARNING!
by David Keller,
President and Chief Strategist, Sierra Alpha Research
In this edition of StockCharts TV'sThe Final Bar, Dave focuses on AAPL which closed below its 200-day moving average as it tests key price support. Guest Jesse Felder of The Felder Report reports on the Titanic Syndrome, a market breadth indicator similar to the Hindenburg Omen that suggests...
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Sector Spotlight: Dominant Trend for Stocks Still UP
by Julius de Kempenaer,
Senior Technical Analyst, StockCharts.com
On this episode of StockCharts TV's Sector Spotlight, I separate the 11 sectors in the S&P 500 into Offensive, Defensive, and Sensitive, assessing their group rotational patterns to see if there is any alignment with the current technical condition of the S&P 500. After...
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SPY Uptrend Intact, But Mixed Sector Rotation Signals Hesitation
by Julius de Kempenaer,
Senior Technical Analyst, StockCharts.com
KEY TAKEAWAYS
* Looking at Risk ON / OFF through BETA
* RRG shows mixed rotations
* SPY Uptrend intact with limited downside risk
BETA
One of the Risk ON/OFF metrics I like to keep an eye on is BETA.
From Investopedia:
—systematic risk—
I have updated my spreadsheet with last year'...
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With The Top 10 Picks In The Stock Market DRAFT, EarningsBeats.com Selects...
by Tom Bowley,
Chief Market Strategist, EarningsBeats.com
We're one day away from "DRAFT Day"! Every quarter, we select the 10 equal-weighted stocks that will comprise our 3 portfolios - Model, Aggressive, and Income. My background is in public accounting as I audited companies in the Washington, DC - Baltimore, MD metropolitan area for...
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Capturing the Momentum Phenomenon - Nvidia vs Tesla
by Arthur Hill,
Chief Technical Strategist, TrendInvestorPro.com
The momentum phenomenon has been a fixture in the US equity markets for decades. There are two types of momentum to consider: absolute momentum and relative momentum. Absolute momentum refers to the underlying trend, up or down. Relative momentum quantifies the strength of the uptrend and compares it to other...
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What Lies Ahead? Will Early 2024 Strength Continue?
by Bruce Fraser,
Industry-leading "Wyckoffian"
A Buying Climax typically concludes a long term uptrend. The rally phase from the October low of 2023 has these climactic characteristics. This advance comes after a major trend that began in late 2022. The steady upward march in the 4th quarter of 2023 was broad and powerful, which created...
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Week Ahead: NIFTY Stays In A Defined Range; Expect Directional Moves Only Outside These Levels
by Milan Vaishnav,
Founder and Technical Analyst, EquityResearch.asia and ChartWizard.ae
Some serious consolidation continued in the markets as the Nifty oscillated in a defined range before closing the week with modest gains. Examination of daily charts shows that the Nifty tested its 50-DMA again and rebounded from that level while defending that point as important support. The trading range widened...
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A Very Accurate Sentiment Reading That Is Flashing A RED Light For Bulls
by Tom Bowley,
Chief Market Strategist, EarningsBeats.com
While many analysts follow sentiment signals that involve feelings about market direction, I prefer one that follows the MONEY. I want to know what retail traders are doing with their money with respect to options. Extreme readings provide eerily accurate reversals in trend, which are obviously very important to any...
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There Remain A Lot Of Mixed Signals, But One Bullish Signal That We Cannot Ignore
by Tom Bowley,
Chief Market Strategist, EarningsBeats.com
The masses have been confounded by the strength of this current secular bull market. Too many keep betting against it and they've cost themselves a huge opportunity for profit as prices have soared. I've pointed out on many occasions that the biggest stock market gains have...
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This Beaten-Down Magnificent Seven Stock is Poised to Regain Its Leadership Status
by Mary Ellen McGonagle,
President, MEM Investment Research
Going into last week, the Magnificent Seven stocks were looking more like the Magnificent Four. Leadership within the group became more concentrated, with Amazon, Meta, Microsoft and Nvidia having done most of the heavy lifting.
This is far different from the first 6 weeks of 2023, when gains among these...
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Three Leading Growth Stocks Testing Gap Support
by David Keller,
President and Chief Strategist, Sierra Alpha Research
KEY TAKEAWAYS
* The NYFANG+ index of leading growth stocks is up about 12% year-to-date, while the S&P 500 and Nasdaq 100 have gained only 5%.
* All three of these growth stocks show similar patterns, with a recent gap higher. But they have now all stalled out.
* If these...
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MEM TV: Risk-On Trades Emerge Amid Big Tech Selloff
by Mary Ellen McGonagle,
President, MEM Investment Research
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the sloppy week for the markets, driven by the key economic data that was released. We saw interest rates rise, which had some other carry-on impact. While the S&P 500 saw a bit of a...
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What to Do With NVDA (And Others Like It)
by David Keller,
President and Chief Strategist, Sierra Alpha Research
In this edition of StockCharts TV'sThe Final Bar, Dave answers viewer questions on the Money Flow Index, using RSP vs. SPY for relative strength analysis, strategies for names in extended uptrends like NVDA, applying Fibonacci retracements to charts like KRE, and more.
This video originally premiered on February...
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Discover the Power of These 2 Cutting-Edge Tools!
by Grayson Roze,
Chief Strategist, StockCharts.com
It's all about groups on this week's edition of StockCharts TV'sStockCharts in Focus! In this video, Grayson shows you how to take your market analysis to the next with level with some of the latest enhancements on the StockCharts platform -- new features added...
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DraftKings' Stock Overheating? Here's What You Need to Do Now
by Karl Montevirgen,
Financial Writer
KEY TAKEAWAYS
* DraftKings has demonstrated significant revenue growth following a lengthy period of outperformance relative to the S&P 500 and its respective sector and industry
* DraftKings' stock is overbought, with a declining RSI suggesting near term market correction
* Set a price alert to measure an anticipated pullback...
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BUY Signals Continue to Diminish
by Carl Swenlin,
President and Founder, DecisionPoint.com
A Golden Cross BUY Signal is generated when the 50-day EMA of a price index crosses up through its 200-day EMA. DecisionPoint's Golden Cross Index (GCI) shows the percentage of stocks in a price index that have a Golden Cross BUY Signal, and is an expression of long-term...
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SMCI Breaks $1,000 Level - What's Next?
by David Keller,
President and Chief Strategist, Sierra Alpha Research
In this edition of StockCharts TV'sThe Final Bar, Bob Lang of Explosive Options shares three charts he's following as the S&P 500 continues to hold the crucial 5,000 level. Host David Keller, CMT highlights key stocks on the earnings list, including DKNG, COIN,...
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Identifying Powerful Trends with This Game-Changing ADX Setup
by Joe Rabil,
President, Rabil Stock Research
On this week's edition of Stock Talk with Joe Rabil, Joe shares the criteria for his favorite ADX setup. He explains what he needs to see on 2 different timeframes to put a stock into position for a powerful trend that can last a long time. Joe closes...
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Larry's "Family Gathering" February 15, 2024 Recording
by Larry Williams,
Veteran Investor and Author
In this video, Larry begins by presenting two trade recommendations, then digs into AI stocks, Bitcoin, and what you should be doing right now. Is it time to go long? Go short? Or wait for a decline? He explains the difference between FOMO and actually losing money, and how pain...
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The Hoax of Modern Finance - Part 8: The Enemy in the Mirror
by Greg Morris,
Veteran Technical Analyst, Investor, and Author
Note to the reader: This is the eighth 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 ignorance of...
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