Before we get started today, I want to encourage you to subscribe to our new YouTube Channel for DecisionPoint. We post the recording of our weekly trading room there, and it is also full of educational videos that Erin has done over the years. Click on this LINK to subscribe... READ MORE
On this week's edition of the GoNoGo Charts show from StockCharts TV, Alex takes a look at the market using the GoNoGo methodology as the S&P 500 digests the rally to all time highs. After using the GoNoGo Asset Map to look at the trends across... READ MORE
KEY TAKEAWAYS * Not all is what it looks like inside the Consumer Discretionary Sector * Using Cap-weighted vs. Equal-Weighted Sectors on RRG reveals underlying differences * Mega-cap Stocks are dragging XLY down * Using a Simple Scan Leads to four interesting charts Cap-Weighted vs. Equal-Weighted Sometimes, you need to look a little further.... READ MORE
KEY TAKEAWAYS * The robust jobs data triggered a sell-off in the gold market, hampering expectations of an imminent rate cut * Price projections for GLD in 2024 span a wide spectrum, below and above current prices because of fluctuating macroeconomic and geopolitical dynamics * The Volume-by-Price indicator is especially useful in recognizing... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Grayson and Dave run through 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 charts to... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Jay Woods, CMT of Freedom Capital Markets brings the energy of the NYSE floor to the show, relating today's market rebound to longer term themes for small caps and regional banks. Dave shares one breadth indicator recognizing broad... READ MORE
KEY TAKEAWAYS * DHI's stock plummeted after missing Wall Street's earnings expectations and soft guidance * Technical indicators provide a clearer view for those looking to buy the dip * You can use StockCharts seasonality charts to provide a big-picture context to your trading setup The tight supply environment... READ MORE
Note to the reader: This is the sixth 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
Uncertainty needs attention in order for it to make you second guess yourself. Instead, wait for trends to change, and then make changes. On this week's edition ofStockCharts TV'sHalftime, Pete Carmasino goes over some thoughts on interest rates and when the Fed will finally cut. He... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe discusses key aspects to MACD when viewed as an oscillator rather than a momentum indicator. He also explains how to use MACD combination signals as well as combining with the ADX indicator. He then covers the symbol... READ MORE
Let's begin this month with a look at ... Home Prices and Stocks Most people have the majority of their money in homes and/or stocks. Thus, I thought that this month, I would take a look at what should be happening in the real estate market. Let'... READ MORE
KEY TAKEAWAYS * The Fed leaves interest rates unchanged as expected, but investors weren't happy * S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all close lower after Fed decision * The 10-year Treasury yield falls to a three week low Will the Fed cut interest rates at... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Tony Dwyer of Canaccord Genuity shares insights on today's Fed meeting and what data he's following to anticipate rate cuts through 2024. Dave tracks mega cap growth stocks, including MSFT and GOOGL, which are in pullback... READ MORE
Although Microsoft and Alphabet, Inc. reported better-than-expected earnings after hours, and then with follow-up during the trading session, sellers came out to lock in gains or perhaps go short. After all, tech has done much of the market's heavy lifting to date. The earnings were already priced in.... READ MORE
Gold is not the most exciting asset at the moment, but it is in a long-term uptrend and perhaps the strongest commodity out there. There are also signs that the January decline is ending as RSI hits a momentum support zone and a bullish continuation pattern forms. Note that GLD... READ MORE
In this edition of StockCharts TV'sThe Final Bar, legendary technical analyst Ralph Acampora, CMT visit StockCharts HQ to share lessons learned in the 1970s secular bear market, what he learned about simplicity from the late Alan Shaw, and how leadership rotation may be the theme for the coming... READ MORE
Oil is not only an important commodity in and of itself, but is also one has a substantial influence on commodity indexes in general. Its weight in the CRB Composite is 23%; for energy in total, it is 39%. Chart 1 compares the oil price to the CRB Composite, where... READ MORE
For today, I am reprinting an interview I did for Kitco News with Neils Christensen, written by Neils. (Kitco News) - The gold market remains in a solid holding pattern as it waits for some direction from the Federal Reserve, and one market strategist is warning potential precious metals investors... READ MORE
On this episode of StockCharts TV's Sector Spotlight, after a quick look at asset class rotation and sector rotation for US stocks, I dive into a comparison of cap-weighted sectors vs. equal-weighted sectors and find a big difference for the Consumer Discretionary sector, which underscores and supports the... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave tracks the S&P 500 as it pushes to a new high above 4900, while the McClellan Oscillator rotates to a bullish reading. He breaks down earnings plays this week, including XOM, MSFT, and more. This video originally... READ MORE
Alibaba.com is one of the world's largest wholesale marketplaces. To be honest, I had never gone to their website until today, even though we bought shares in BABA 2 weeks ago. So, in case you are like me and have not checked them out, they sell a... READ MORE
KEY TAKEAWAYS * Big Week in Earnings * Magnificent 7 - Five Reporting (MSFT, GOOGL, META, AAPL and AMZN * Other stocks we look at: PFE, SBUX, AMD, MA, BA, MET, MRK, XOM and CVX * Even more coverage with viewer symbol requests This is a big week for earnings so Carl and Erin... READ MORE
The previous week was reduced to just a short 3-day trading week as Monday was declared a special holiday while on Friday, the markets remained shut on account of Republic Day. Despite this, the markets remained extremely choppy and traded in a much wider range as they continued to decline... READ MORE
One of the key themes, if not THE theme, of 2023 was the dominance of the mega-cap growth trade. The Magnificent 7 stocks handily outperformed our equity benchmarks through the course of 2023, and, so far in 2024, it's been more of the same. With Netflix (NFLX) gapping... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews where the markets stand as we head into earnings from MSFT, GOOGL, AAPL and META. She also discusses how ETFs can help you refine your trading strategies and stock selection, then shares base breakouts and downtrend reversal... READ MORE
On this week's edition of Moxie Indicator Minutes, TG points out that the IWM is right in the middle of a range and he wants to hear from you as to which way you think it will go first. Beyond that, the overall picture of the market is... READ MORE
KEY TAKEAWAYS * The S&P notched new record highs in five consecutive trading sessions but snapped the winning streak on Friday * Investors still are complacent, as indicated by the CBOE Volatility index * The benchmark 10-year Treasury yield remains within a 4% to 4.2% range In the first week... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave hosts an all-mailbag episode, answering viewer questions on the Relative Strength Index (RSI), how ETFs like QTEC have outperformed benchmarks including the Nasdaq 100, and how to avoid painful losses in leading names like NVDA, PANW, and ADBE. This... READ MORE
On Friday, the market woke up to great news. Mission accomplished on inflation. Yahoo Finance reported: "The Fed's preferred inflation measure — a 'core' Personal Consumption Expenditures index that excludes volatile food and energy prices — clocked in at 2.9% for the month of December, beating... READ MORE
Note to the reader: This is the fifth 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
KEY TAKEAWAYS * IBM stock price hits a new 52-week high and moves above its upper Bollinger Band® * IBM's share value could continue rising or pull back toward the middle Bollinger Band * If IBM fills its post-earnings price gap it could present a more favorable entry point As a... READ MORE
I know all the talk continues to surround technology stocks (XLK), particularly semiconductors ($DJUSSC) and software ($DJUSSW). And why wouldn't it? These groups have been absolutely on fire since the end of the 2022 cyclical bear market. Rates remain low and many of these companies are seeing double... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave breaks down the chart of Intel Corp (INTC) to demonstrate the benefits of three important technical indicators: Moving Averages, Relative Strength Index (RSI) and Relative Strength. He shares why a disciplined process of interpreting these indicators can help investors... READ MORE
KEY TAKEAWAYS * Coinbase stock price is correlated with Bitcoin's price * COIN's price level is getting close to an entry point for bullish investors * An ideal entry point for COIN would be after you see a strong reversal candle with increasing momentum Are you feeling a bit... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shares his five steps to becoming a better stock picker. He emphasizes the importance of starting with price and using technical analysis to identify potential outperforming stocks. From analyzing monthly and weekly charts to looking at momentum... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest John Kosar, CMT of Asbury Research shares his proprietary Asbury Six macro model, which suggests caution based on weak fund flows and breadth conditions. Dave focuses in on crude oil and gold charts, and also reviews key earnings plays... READ MORE
Some tools in technical analysis are totally objective, such as a moving average crossover. It may be debatable whether it's a decisive signal or not, but a crossover is nevertheless a crossover. Dow Theory, on the other hand, is much more subjective and, therefore, open to interpretation. For... READ MORE
As a follow-up to a daily I wrote earlier in January called "Super Cycles Do Not Just Fade Away",yesterday'sJanuary 23rd dailywas all about one of the three indicators that can get us prepared for more inflation. On January 5th, sugar was still trading under 22... READ MORE
KEY TAKEAWAYS * AMD stock price hits a new 52-week high and moves above its upper Bollinger Band® * AMD's share value could continue rising or pull back and go below the middle Bollinger Band * Watch volume, relative strength index, and money flow index to identify a slowing down in... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Ari Wald, CFA CMT of Oppenheimer lays out a bull case for the S&P 500 based on valuations and forward returns given strong breadth conditions. Dave reviews stocks reporting earnings this week, including LOGI, LMT, PG, DHI,... READ MORE