It's March Madness in the stock market! In this video, Larry begins by presenting his Trading Days of the Month (TDOM) for the rest of March, as well as the days to hold back on trading. He also presents what he dubs his "Machu Picchu" trade.... READ MORE
KEY TAKEAWAYS * If treasury yields break out higher, consider selling the breakouts of bear flags and view short-term declines as selling opportunities * If yields break down lower, consider buying bull flags and setups. * There's a chance that yields could push higher before correcting. In our last piece, we... 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 will be recorded and posted online for those of you who cannot attend. Use the link below to join: Link to Join Webinar:... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps the continued leadership rotation from growth to value, with SMCI breaking below $1000 and GOOGL dropping a shooting star candle on Monday's session. He walks through a process to compare and contrast the Magnificent 7 stocks,... READ MORE
Today Carl and Erin open the show with an example of how you can find stock and ETF relative strength using a Price Momentum Oscillator (PMO) sort. Many may not know but PMO readings can be compared to one another to determine relative strength. Carl gives us a review of... READ MORE
The 20+ Yr Treasury Bond ETF (TLT) failed again at the falling 40-week SMA and looks poised to resume its bigger downtrend. Keep in mind that bonds and yields move in the opposite direction. A resumption of the downtrend in TLT translates into a resumption of the uptrend in the... READ MORE
Happy St. Patrick's Day! Last week was interesting for sure. Both February Core CPI (consumer price index) and February Core PPI (producer price index) came in above expectations. The headline PPI number doubled expectations. Despite that, the S&P 500 managed to close at an all-time high... READ MORE
We have seen just about everything we've needed to see to confirm this powerful secular bull market advance since the beginning of 2023. There was really only one thing missing and it's not missing any longer. I'll get to that in a minute. But... READ MORE
After inching higher for six weeks with intermittent corrective bouts, Indian equities finally took a breather and succumbed to a corrective move as it ended the week on a negative note. In the previous weekly technical outlook, it was categorically mentioned that the markets remain prone to corrective retracement. In... READ MORE
The S&P 500 ended the week with a slight pullback that has this Index closing below its key 10-day simple moving average, but above its 21-day moving average. With the RSI and MACD in positive territory, the near-term uptrend in this Index remains in place. While last week&... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews investors' responses to the rise in interest rates after inflation numbers come in higher than expected. She also shares how riskier areas of the market sold off while cyclicals came into favor. Earnings reports continue to... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson shares a little trick out of his own process to make sure he's trading in the right direction. If you find yourself buying a new stock only to watch it go down, down, down... READ MORE
KEY TAKEAWAYS * A bearish momentum divergence and declining Bullish Percent Index suggests rough waters ahead for the QQQ. * The 50-day moving average and Chandelier Exit system can serve as trailing stops to lock in gains from the recent uptrend. * If stops are broken, we can use Fibonacci Retracements to identify... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave presents an in-depth discussion on technical analysis patterns, market trends, and risk management. Explore how to spot bankruptcy risks, candlestick patterns, Dave's approach to QQQ, optimizing the Market Trend Model, RSI and MACD signals, "master risk... READ MORE
This month, the SPDR Gold Shares (GLD) broke out to new, all-time highs. That was a significant long-term move, which we will discuss when we get to the monthly chart. Of more immediate interest is the fact that sentiment is still bearish, which bodes well for a continued advance. We... READ MORE
The Oil & Gas Equipment & Services ETF (XES) is showing strength here in March as it breaks back above its 40-week SMA. More importantly, the long-term trend is up and this week's breakout argues for a continuation of this uptrend. The chart below shows XES with a... READ MORE
KEY TAKEAWAYS * Micron's AI game just got started and is looking to heat up as it provides key components to both Nvidia and Advanced Micro Devices * MU's price, however, has begun to pull back as bulls look for a favorable entry point * Using a bearish StockCharts... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave tracks the day's weaker session, with the S&P 500 and Nasdaq down slightly and the small cap S&P 600 down 1.6%. He covers energy stocks breaking higher on stronger crude oil prices,... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains how to use the MACD crossover signal and the Pinch play signal. There are times when one is better than the other, and he uses several examples to show this distinction. He discusses how the low... READ MORE
Note to the reader: This is the twelfth 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... READ MORE
Larry is going LIVE! Don't miss the upcoming "Family Gathering" webinar with Larry Williams, airing live through Zoom on Tuesday, March 19 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 focuses on the resilient strength in market breadth indicators, suggesting a leadership rotation continues as growth stocks like AAPL and TSLA fail to hold key support. He highlights stocks making new three-month highs, including FCX, SCCO, and WSM. This... READ MORE
KEY TAKEAWAYS * Coinbase's (COIN) stock is blasting off, hitting a jaw-dropping 99.6 SCTR score. * The pin bar (most current bar) seems like a desperate attempt for the bulls to advance the stock amidst being potentially outnumbered by sellers. * Ready to go on the offensive? Here's... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave breaks down today's market action direct from New York, tracking technology shares including NVDA and ORCL regaining lost ground after last Friday's losses. In a segment called Crypto Corner, he outlines two ways to apply... READ MORE
Last week, I pointed out the inflationary consequences of the recent gold breakout, as gold market participants initially expect prices to firm up in the commodity pits and later the CPI itself. This week, we will take those thoughts a step further by relating swings in industrial commodity prices to... READ MORE
KEY TAKEAWAYS * Wells Fargo stock hits a new all-time high * The Financial sector has been gaining strength with several big bank stocks displaying positive movement * Momentum in WFC may be strong now but a slowdown could mean a big pullback since the stock is trading above its average price movement... READ MORE
On this week's edition of the GoNoGo Charts show from StockCharts TV, as the S&P 500 continues the rally at all time highs, Alex and Tyler take a look at GoNoGo Trend® conditions of several areas of the market. The recent breakout in Gold has much... READ MORE
Carl and Erin explore the differences between two Semiconductor ETFs, SOXX and SMH. They are NOT the same. One offers far more upside potential than the other. Learn how to easily compare two ETFs or even two stocks using relative strength. Carl covered the market in general with special attention... READ MORE
The markets continued to trade on expected lines. The trading week was short, as Friday was a trading holiday on account of Mahashivratri. In the four trading sessions, the markets stayed choppy and failed to make any definite and convincing moves while continuing to modestly advance on a weekly basis.... READ MORE
KEY TAKEAWAYS * Nvidia is up 77% year-to-date, far outpacing the S&P 500 and Nasdaq which are both up about 7-8%. * A bearish engulfing pattern is a two-bar candle pattern indicating short-term distribution and negative sentiment. * Downside targets for NVDA can be identified using trendlines and Fibonacci retracements. Large-cap... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the broader markets amid last week's pullback. She also highlights sector rotation taking shape as Growth stocks pull back. With Bank stocks outperforming, she shares how to use StockCharts to uncover top candidates. This video... READ MORE
Pete presents the 100th and final edition ofStockCharts TV'sHalftime! This week, Pete shares some parting tips on what to look for when the trends change from defense, (risk off) to offense (risk on). He explains how he saw them coming and how the Chaikin Power Gauge did as... READ MORE
Feel like you never find those high-flying stocks before they make their big moves? This week's edition of StockCharts TV'sStockCharts in Focus is for you! Grayson walks you through the 3 simple steps he uses to find, track and trade the market's strongest stocks... READ MORE
Make absolutely no mistake about it, Friday was the most bearish day of 2024. There was a bearish engulfing candle on MASSIVE volume in the semiconductors area ($DJUSSC), and this group has been BY FAR the biggest single reason why our major indices have advanced as much as they have.... READ MORE
NVIDIA (NVDA) was enjoying quite a rally to start the day. All seemed right with the world. Someone recently said to me, regarding another company, that it was "a victim of its own success." This is what happened to NVDA. It appears that the ceiling was reached for... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Grayson and Dave run through the 10 charts they feel present actionable opportunities based on their technical analysis setups. They'll cover breakout strategies, moving average techniques, relative strength, and much more. And you'll have ten new... READ MORE
KEY TAKEAWAYS * Novo Nordisk A/S (NVO) has been riding a strong uptrend since 2017, fueled by its Ozempic drug. * This last week, positive results for its new drug, amycretin, transformed the Ozempic fever into a Wall Street frenzy. * Technical and fundamental buy points seem to be at odds if... READ MORE
KEY TAKEAWAYS * NYFANG+ Index at elevated levels in strong uptrend. * New long positions are exposed to high risk. * I found a pair trading opportunity within the NYFANG universe to avoid directional market risk. It is no secret that the NYFANG+ Index is still in in incredible up-run after bottoming out... READ MORE
As its name suggests, the ATR Trailing Stop is normally used to trail a stop-loss for a long position. It can also be used to identify an outsized decline that could reverse an uptrend. Today's example will show how to apply the ATR Trailing Stop on a breakout... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave interviews Ari Wald, CFA CMT of Oppenheimer. He also covers Kroger, the iShares S&P 500 Value ETF, and Costco. This video originally premiered on March 7, 2024. Watch on our dedicated Final Bar pageon StockCharts TV! New... READ MORE