KEY TAKEAWAYS * Dell stock is rising from its lows and is worth putting on your radar * Dell stock is seeing technical improvement but needs more momentum * There are clear entry and exit points on the daily chart of Dell When the general market is recovering from a pullback, there can... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps another strong up day for growth leadership names, with ULTA and NVDA powering higher after retail sales numbers pushed aside inflation fears. He notes the cautious positioning in the NAAIM Exposure Index, Bitcoin's failed attempt to... READ MORE
KEY TAKEAWAYS * Rotation to large-cap growth is back * And so is the narrow foundation/breadth supporting this rally * Weekly and daily $SPX charts need to get in line Stronger than Expected The recent rally out of the August 5th low is definitely stronger than I had anticipated. I was... READ MORE
KEY TAKEAWAYS * Cooling inflation data added some optimism in the market although trading volume was low * The broader stock market indexes are seeing some daylight as they pop their heads out after being underwater * The Mag 7 stocks are showing strength, which means there could be some buying opportunities soon... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the financial sector with a focus on insurance stocks, and describes how the action so far in Q3 could be forming a potential head-... READ MORE
In this exclusive StockCharts TV video, Joe shows the four stages a stock or market can be in at any time. He explains each stage and how ADX & Volatility can help define each stage. He then shows what stage the SPY is right and why the bias is still... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps an epic rally in mega cap growth stocks, with NVDA up over 6% and META threatening a new 52-week high. Dave highlights how gold and bond prices continue to rise in the face of stronger stocks, and... READ MORE
KEY TAKEAWAYS * Starbucks' stock price saw a massive jump and SCTR score on Tuesday * Much of SBUX's stock price movement is sentiment-driven, so the price spike could be short-lived * StockCharts SCTR tool identified SBUX as a strong stock, and a more thorough analysis can determine... READ MORE
In this video from StockCharts TV,Julius assesses various rotations using Relative Rotation Graphs, starting at asset class level and then moving to sectors. Julius zooms in on the industries of two sectors to get an idea of where pockets of out-performance may exist in the current market. He... READ MORE
Last Monday, markets around the world experienced a sharp drop as the unwinding of yen carry trades followed the previous Friday's response to a weak employment report. The speed and sharpness of the equity sell-off got the attention of the general-purpose media and just about everyone... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps a choppy Monday for the equity markets, as gold tests new all-time highs and interest rates continue to plummet. He highlights the stock to bond ratio, revisits the classic 60:40 ratio favored by investors, and breaks... READ MORE
Mortgage Rates fell quite a bit this past week and no one is really talking about it. One area that we will want to watch closely as rates fall is Real Estate (XLRE). This sector has already been moving in the right direction. It now has an opportunity to rally... READ MORE
In this StockCharts TV video, Mary Ellen dives into her broad market analysis, sharing what she needs to see before it's safe to get back in. She also shares her top candidates for once the markets turn positive, including META, LLY and NFLX. She finishes up by sharing... READ MORE
Good morning and welcome to this week's Flight Path. Equities remained in a "NoGo" trend this past week however after gapping lower on Monday, prices rallied until on Friday GoNoGo Trend painted a weaker pink bar. Treasury bond prices painted weaker aqua "Go" bars... READ MORE
The market extended its corrective move in the previous week; over the past five sessions, it has remained quite choppy and totally devoid of any definite directional bias. It absorbed a few global jerks and saw gaps on either side of its previous close on different occasions. While the level... READ MORE
KEY TAKEAWAYS * Scanning for breakouts on heavy volume * Momentum confirmations of underlying trends * Leading Equities in trend continuation 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... READ MORE
KEY TAKEAWAYS * The VIX reaching 65 signals extreme volatility and elevated risk of market downside * The AAII Survey is close to showing more bears than bulls, which would line up with previous corrections * The NAAIM Exposure Index indicates that money managers were rotating to defensive positioning in early July While... READ MORE
KEY TAKEAWAYS * The stock market indexes end the week on a positive note after a scary Monday * Volatility steps back slightly after a brief spike over 65 * Next week's consumer and producer inflation data could help set direction A sigh of relief? The US stock market started the... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave presents a special all-mailbag episode, answering viewer questions on optimizing entry points for long ideas, best practices for point & figure charts, and the relationship between gold and interest rates. See Dave's chart showing Zweig Breadth... READ MORE
KEY TAKEAWAYS * Smoothing the signal thresholds help to reduce whipsaws. * A new uptrend signaled for TLT as the 5-day exceeded the 200-day by more than 3% * TLT also sports a classic breakout and continuation signal. The 20+ Yr Treasury Bond ETF (TLT) is turning the corner as a... READ MORE
DecisionPoint tracks 26 market, sector, and industry group indexes, and we monitor moving average crossovers for those indexes to assess the bullish or bearish condition of those indexes. A Silver Cross BUY Signal is generated when the 20-day exponential moving average (EMA) of a price index crosses up through... READ MORE
In my last newsletter,I discussed cycle projections for the S&P 500, i.e., a rally and then down into a mid-September low. The recent price action in the stock market may have many of you wondering when to open long equity positions. My cycle work suggests... READ MORE
KEY TAKEAWAYS * Fundamental, technical, and seasonality factors suggest an upside move in WTI crude oil. * Seasonality and other indicators suggest a swing trading opportunity in the United States Oil Fund (USO). * Supply and geopolitical factors can quickly change the conditions of the market and the trade. Oil prices are climbing... READ MORE
KEY TAKEAWAYS * Small-cap stocks look like they have lost momentum. * Market breadth in small-cap stocks appears to be weakening. * The Utilities sector seems to be gaining momentum. Just so we are on the same page, I looked up "Great Rotation" on Microsoft's Copilot and... READ MORE
KEY TAKEAWAYS * QQQ has bounced off its 200-day moving average. * An optimal entry point for QQQ would be the 50% to 61.8% Fibonacci retracement range. * If QQQ drops below $350, it can mean further downside. Just Another Manic Monday? On Monday, the Nasdaq plunged over 3%. With the... READ MORE
As a long-term stock trader, one development in the stock market takes me and many others to our collective knees. It's a Volatility Index ($VIX) that rises past 20. There has never been a bear market that's unfolded with a VIX that remains below 20.... READ MORE
KEY TAKEAWAYS * Carvana stock takes the lead in the large-cap stocks SCTR Report * CVNA stock has established an upside trend with higher lows and higher highs * Carvana's stock price is holding above its 21-day exponential moving average On a day when the S&P 500... READ MORE
Good morning and welcome to this week's Flight Path. Equities could not hold onto "Go" colors any longer and we saw a strong purple "NoGo" bar as the trend changed on the last bar of the week. GoNoGo Trend painted strong blue "Go&... READ MORE
The market is dropping perilously right now and so it is time to review Bear Market Rules. Today Erin and Carl share their rules for trading during a bear market move. We aren't officially in a bear market and we may not get there, but there is likely... READ MORE
In the classroom we would have students alter their view of charts they were evaluating to gain fresh perspective and possibly enhance their analysis. Students often had Ah-Ha moments after freshening their interpretation of a chart they had previously laid eyes on many times. Stock chart analysis heavily emphasizes... READ MORE
The previous week turned out quite volatile for the markets as they not only marked a fresh lifetime high but also faced corrective pressure as well towards the end of the week. The markets maintained an upward momentum all through the week. It scaled the psychologically important 25000 level as... READ MORE
KEY TAKEAWAYS * Weak manufacturing and jobs data sends investors into panic mode * All broader stock market indexes fall over 2% * Bond prices rise The dog days of summer are here. And the stock market gives us a brutal reminder of this. The first trading day of August began on a... READ MORE
KEY TAKEAWAYS * Some real damage for the markets * Equal weight sector rotation paints a more realistic picture * The BIG ROTATION into small caps has come to a halt And then ..... all of a sudden..... things are heating up. Lots of (downside) market action in the past week. Let's... READ MORE
KEY TAKEAWAYS * Most stocks follow their underlying index or group. * Oversold conditions in long-term uptrends are opportunities. * Stocks can remain oversold so wait for an upward catalyst. The broad market and the group are big drivers for stock performance. Recently, the Nasdaq 100 ETF (QQQ) led the market lower... READ MORE
KEY TAKEAWAYS * Small caps saw an impressive surge in July, outpacing the S&P 500 in that month alone. * IWM, a Russelll 2000 proxy, is only 8% away from its all-time highs, potentially signaling the start of a new bull market. * As IWM pulls back (along with the... READ MORE
This Fed has got to go. It's time. You've overstayed your welcome, Fed Chief Powell. I literally was just shaking my head after reading the changes to the Fed's policy statement. The changes were in the first two paragraphs, so let me jump right... READ MORE
It looks to me like it's time for the bond market to take a breather, if not have a pullback from now into late October. We can sum it up with the cycle projections from Chart 1. I have highlighted, in red, the down leg of the 450-... READ MORE
KEY TAKEAWAYS * SMH has completed 100% of a measured move from the bottom of a double-top reversal. * SMH has broken below several key levels based on various indicators. * There are actionable levels in the SMH chart that traders can take advantage of if they materialize. Nvidia (NVDA) was perhaps... READ MORE
KEY TAKEAWAYS * Investor sentiment has turned more bearish with a continuation of a selloff in big tech stocks. * More earnings, an FOMC meeting, and jobs report are adding to investor uncertainty. * Keep an eye on bond prices as the data starts to unravel. Last week, there was a noticeable change... READ MORE
The S&P 500 index ($SPX) is a capitalization-weighted stock index. Many lesser capitalization blue-chip stocks that compose these 500 companies have been performance laggards. Though smaller companies in the index, these corporations are among the bluest of the blue-chip stocks. These prestigious corporations have been... READ MORE