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... READ MORE
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... READ MORE
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... READ MORE
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... READ MORE
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... READ MORE
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... READ MORE
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 requests... READ MORE
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... READ MORE
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... READ MORE
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... READ MORE
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... READ MORE
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... READ MORE
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... READ MORE
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'... READ MORE
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 two... READ MORE
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... READ MORE
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... READ MORE
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... READ MORE
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... READ MORE
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... READ MORE
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... READ MORE
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.... READ MORE
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... READ MORE
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... READ MORE
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 to... READ MORE
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... READ MORE
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... READ MORE
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,... READ MORE
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... READ MORE
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... READ MORE
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... READ MORE
Last November and December, it looked as if gold had broken out from a multi-year inverse head-and-shoulders. Since then, the price has dropped below the breakout area, and the long-term KST has begun to roll over. Just like takeoff and landing are the critical points for... READ MORE
KEY TAKEAWAYS * META rose after the company's last earnings report and could be due for a pullback * If META pulls back, you could buy the stock at a lower price using options * By selling puts, you could collect premium from selling puts with the possibility of buying META... READ MORE
Today, Larry Williams will be hosting a "Family Gathering" meeting at 2pm Eastern Standard 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... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave tracks the S&P 500 back above 5K, Bitcoin back above 50K, and why NFLX, META, & AMZN may be the most important names to follow in the coming weeks. Guest Mish Schneider of MarketGauge breaks down the... READ MORE
Yesterday, the market saw a massive selloff of over 2% at market lows for the SPY and the NDX. However, the rebound at the end of the day was promising, though not enough to change sentiment. What this means is that the selloff came from the hot CPI print, so... READ MORE
On this episode of StockCharts TV's Sector Spotlight, I start with an assessment of the daily and weekly charts for SPY, trying to put recent developments into perspective. Then, I go over various Relative Rotation Graphs slicing the market down into various-size segments, as well as growth... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave shows how the S&P 500 is just barely holding trendline support as his short-term Market Trend Model threatens to turn bearish this week. Guest Sean McLaughlin of All Star Charts talks through how he's... READ MORE
KEY TAKEAWAYS * Walmart's stock was one among 37 outliers, rising early amidst a major market decline before slightly pulling back * Technical indicators warn of potential weakness, signaling an imminent dip, but there's a good entry point for WMT * Setting price alerts around specific levels and watching... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave highlights breakouts in home builders and Bitcoin and reviews key names reporting earnings including ABNB, SHOP, and MAR. He also shares an equity scan he uses every week to identify the next potential breakout candidates. Stay tuned until the... READ MORE