First & Foremost I want to personally thank you for subscribing to "Focus on Stocks". I will do all I can to earn the confidence you have placed in me. -- Larry Williams Is it a Different World? "I have to pay attention to the implications of... READ MORE
Although the market stayed flat on a week-to-week basis, the past five trading sessions highlighted the possibility of the market continuing with its corrective retracement. In the previous technical note, it was categorically mentioned that the INDIAVIX had closed at a precariously low level, which had left us vulnerable to... READ MORE
The S&P 500 posted its worst month so far this year, with a 4.9% decline that's pushed the year-to-date returns for this benchmark index almost in half. With elevated interest rates that may be with us for a while, investors have pushed stocks lower, in... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews areas of the market that are bucking the downtrend pressure elsewhere, as those often go on to provide leadership once the markets turn. She also shares how to use ETFs to uncover rotation taking place beneath the... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave answers viewer questions about Tesla's potential trajectory towards the 200-day moving average and ways to normalize relative strength graphs using volatility measures. He also dives into his past trades' technical setup, shares tips for setting up... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson talks all about ChartPacks -- the QUICKEST and EASIEST way to enhance your StockCharts account (old or new) in just one click! ChartPacks are pre-created collections of ChartLists that you can install right into your account;... READ MORE
In this edition of the GoNoGo Charts show, Tyler and Alex walk through a top-down approach to the markets and see that there are plenty of reasons why equities are struggling. Treasury rates and the Dollar are in strong "Go" moves and breaking out. The trend was strong... READ MORE
The internals have all cycled to extreme low areas, which tells TG that being short would be risky -- just like being super long at the end of July was also risky. The pendulum has swung to the lows, and now, in this week's edition of Moxie Indicator... READ MORE
KEY TAKEAWAYS * Market volatility is low yet few stocks are trading above their 50-, 100-, and 200-day moving averages * Market indicators are showing lack of momentum in the stock market * Q4 earnings could be the catalyst that moves the market As Q3 and a dismal September end, some interesting dynamics... READ MORE
We do not want to walk down the political aisle. Nonetheless, what person can turn their heads away from the Sunday deadline on funding the government? The aftermath of a shutdown will most likely include a credit downgrade for the US. Do Americans need another reason to distrust the politicos?... READ MORE
SEPTEMBER SECTOR RANKING... September has lived up to its reputation of being the year's weakest month. All major stock indexes have fallen during the month. And so have most S&P sectors -- except for one. Chart 1 shows energy being the only sector to end the... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Samantha LaDuc of LaDuc Capital breaks down the implications of higher interest rates and why semiconductors remain a crucial space to watch. Host David Keller, CMT tracks the recent rally in Bitcoin and identifies two key names testing moving average... READ MORE
We have introduced two new tables in the DecisionPoint ALERT to give an overview of trend and BIAS for the major market indexes, sectors, and industry groups that we track. The first is our Market Scoreboard, which shows the current Intermediate-Term and Long-Term Trend Model (ITTM and LTTM) signal status.... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains how the creator of the MACD, Gerald Appel, used this indicator as an overbought/oversold oscillator. He shows how using the SPY on the daily chart as an example. He then explains what to do when... READ MORE
Stocks were hit hard the last two weeks with the S&P 500 SPDR (SPY) breaking below its August low. SPY also forged a lower high from July to August. Stocks and ETFs that held above their August lows are showing relative strength. With that in mind, the three... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Joe Rabil of Rabil Stock Research walks through his monthly, weekly, and daily S&P 500 charts to put the recent market pullback into proper long-term context. Host David Keller, CMT digs into breadth indicators that have turned quite... READ MORE
In this week's edition of Trading Simplified, Dave shows his methodology in action by sticking with the original plan with his portfolio vs. giving up due to less-than-ideal conditions. He then resumes his series on the wisdom of Jesse Livermore. This week, Dave discusses that there is a... READ MORE
We started this year looking at the monthly charts and the 2 moving averages that depict business cycles. Back in February, we wrote: All in all, the key sectors (retail, transportation) have more to prove, especially by clearing the 23-month moving average or 2-year business cycle. This is a significant... READ MORE
On this episode of StockCharts TV's Sector Spotlight, after two weeks of non-regular market updates, I'm back with a regular episode. Here, I dive deep into the current state of rotation in asset classes, highlighting the strength of commodities and the opposing rotations for stocks and... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl opens with a discussion on why you should use monthly charts even if you are investing in the shorter term. He gives us insight into the market as a whole and reviews the Magnificent 7 stocks and Tesla... READ MORE
Pete has been monitoring and calling out the downfall of TLT for nearly 20 months. In this week's edition of StockCharts TV'sHalftime, Pete explains why the ETF broke below $90 and how the US 10-year is over 4.5% on the same day. He dives into... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what drove the previous week's sharp pullback and what we'll need to see before the markets can turn positive again. She also highlights recession-proof stocks that are currently attractive as well as high... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson explores the two primary charting platforms on StockCharts - SharpCharts and ACP - to highlight the strengths of each, compare and contrast the two and share his thoughts on when and why you may want to... READ MORE
KEY TAKEAWAYS * NVDA stock is holding on to the support of its 100-day moving average * NVDA has maintained a high StockCharts Technical Rank (SCTR) since early 2023 * NVDA's relative strength with respect to the S&P 500 is approaching 200% Nvidia's stock has maintained a... READ MORE
We compiled a list of the 10 biggest uncertainties in the stock market right now. In no particular order: 1. China-trade wars and chip wars 2. Oil and food inflation 3. Strikes 4. Government shutdown 5. Corporate and individual bankruptcies on the rise 6. Commercial real estate and banking 7.... READ MORE
Chart 1 shows that the S&P Composite, like both A/D Lines, has completed and decisively broken down from a head-and-shoulders top. The two breadth indicators have also violated their bull market up trendlines. On the surface, things look pretty grim, with three seasonally weak September days left... READ MORE
KEY TAKEAWAYS * Energy Select Sector SPDR Fund (XLE) shows some promising technicals, signaling room for a potential climb and a strong chance for a breakout to the upside * Technical indicators suggest that the Energy sector has a high probability of breaking out to the upside * A breakout above its all-time... READ MORE
Stocks fell sharply in September with the S&P 500 SPDR (SPY) breaking below its August low. Chartists can now use this low as a benchmark low to gauge relative performance. Stocks that held above the August low are showing relative strength. This is valuable information because stocks that... READ MORE
KEY TAKEAWAYS * Rising Treasury yields have hurt growth stocks but buying opportunities could lie ahead * The stock market could bottom at the end of September and present buying opportunities * Watch Fibonacci levels, Equal Weighted S&P 500 Index, and market breadth for a reversal Last week wasn't... READ MORE
It's almost impossible to call market tops and market bottoms using basic technical analysis tools like price and volume. Don't get me wrong, that combination is my favorite during trend-following periods. But trying to spot bearish reversals is difficult when price action keeps riding higher and... READ MORE
In the previous technical note, it was mentioned that the markets are prone to some consolidation and corrective retracements due to the technical setup on the charts. It was also mentioned that the precariously low levels of volatility need to be watched, and this also can keep the markets vulnerable... READ MORE
KEY TAKEAWAYS * The head and shoulders pattern is a classic price pattern that confirms an exhaustion of buyers. * Investors should consider the three phases of price patterns, and make sure to confirm all three phases before taking action. * This pattern yields a minimum downside objective of around 4080-4100 for the... READ MORE
This week I appeared with David Keller on Stockcharts Final Bar. We discussed how the market is at a precipice. And no doubt, the words I wrote on April 20th Daily "Now That "Stagflation" Has Gone Mainstream"some five months later are buzzing in my head:... READ MORE
KEY TAKEAWAYS * Short Term, Risk-Off Sector Rotation While Heading into new week * Did The Market Complete a H&S Top, or Is SPY Looking For Support? * 430 Is The Crucial Level To Watch in SPY First of all, my apologies for everybody who has been waiting for a Sector... READ MORE
TEN-YEAR BOND YIELD HITS 16-YEAR HIGH...Recent market messages have been focusing on the upturn in energy prices which threatened to boost inflation pressures and put upward pressure on bond yields. Those same messages have shown the 10-year Treasury yield nearing an upside breakout. That breakout took place this week... READ MORE
In this edition of the GoNoGo Charts show, with rates gapping higher and breaking above resistance, Alex and Tyler walk through the macro charts that can have an impact on markets. After discussing rates, they look at the dollar, which also is in a strong "Go" trend. This... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Mish Schneider of MarketGauge shares why the most important ETFs to watch are Retailers (XRT) and Small Caps (IWM) and also shares their latest plugin on the StockCharts ACP platform. Host David Keller, CMT tracks today's risk-off move... READ MORE
KEY TAKEAWAYS * A convergence of fundamental and seasonality data predicts a potential decline in gold prices by the end of the year * Demand for gold has decreased by about 5% year-over-year in the first half of 2023, with central banks being the primary buyers * The Williams True Seasonal indicator aligns... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains the 1-2-3 change in trend sequence in multiple timeframes. First, he discusses focuses on the higher timeframe and how to identify a zone or a pool of support. Then, he shows how to take advantage of... READ MORE
As a follower of my "Focus on Stocks" blog, you know we had a signal to sell on the opening Sunday night (10th day left). That was forecast last month... now I think it's time to start to get long. Where? At the August lows. When?... READ MORE