Biotechnology has traded basically sideways since the start of 2023. In the face of higher rates, stronger dollar, inflation, FDA approvals and busts, and an emerging winter season, the ETF IBB has a serenity to it that appears drug-induced, if you will. Of the top 10 holdings, Regeneron is the... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I look at the Relative Rotation Graphs for cap-weighted and equal-weighted sectors side by side, then make an assessment regarding his preference for each of them. I then zoom in on the chart technical comparisons for four sectors. Finally, I... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl presents a thorough review of the markets, including Gold and Crude Oil. He also comments on the possibility that the housing market has hit rock bottom... though that's not likely. Erin digs out two industry groups... READ MORE
In this week's edition of StockCharts TV'sHalftime, Pete shares a review of the overall market, then digs into a setup in Tesla from April that resulted in a 50% move. The US Dollar is breaking out as rates move higher and, as a result, the 10-Year... READ MORE
It was ultimately a decent rally today on the SP500 with help from the tech heavy Nasdaq. Swenlin Trading Oscillators (STOs) are our primary short-term indicators. They have been in decline for all of the indexes, but we noted a few trying to turn up. The SPY saw a rise... READ MORE
Stocks were hit hard in August with QQQ leading the way lower and breaking its July low. Stocks that did not break their July lows are holding up better and showing relative strength. These are the stocks I want on my WatchList for tradable pullbacks and short-term breakouts. AMAT is... READ MORE
The market's August slump deepened this past week, with each of the major Indexes dropping more than 2% as Treasury yields hit a 15-year high. That said, today's price action could signal the start of a rally attempt, after the broader markets closed in the upper... READ MORE
KEY TAKEAWAYS * The major equity benchmarks have broken initial support levels, fueled by weakening momentum and declining breadth conditions. * A break below trendline and moving average support could indicate a high likelihood of further potential downside. * Seasonal studies suggest a strong 4th quarter, so look for a hold of the... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what's driving these markets lower, as well as key areas of support. She also shared best practices for putting your watchlist together so you can participate in the market's new uptrend. This video... READ MORE
On Thursday, August 17th, I sat down with Maggie Lake and Real Vision. During the 36-minute interview, the overriding theme continues to be one of "Stagflation". Here are the main points: 1. Rates: We don't really know yet the impact of the rapid rate rise. 2.... READ MORE
In this special "all-mailbag" edition of StockCharts TV'sThe Final Bar, Dave answers viewer questions on trailing stop techniques, when to consider over-weighting small cap stocks, using the MACD indicator for market timing, and much more! This video originally premiered on August 18, 2023. Watch on our... READ MORE
KEY TAKEAWAYS * Stock market was hit hard by China's economic woes but rebounded * Technology and Communication Services sectors were hit hard this week * Bitcoin shares fall to June levels This week's stock market activity gave us an unpleasant reminder of how equities can turn on a... READ MORE
KEY TAKEAWAYS * US stocks are lagging the world on RRG * The Indonesian stock market looks ready to jump * The iShares EIDO (MSCI Indonesia) ETF can be used to play that market Let's take a look at the rotation of stock markets around the world. The Relative Rotation Graph... READ MORE
TEN-YEAR YIELD TESTING OCTOBER HIGH... Last week's message suggested that rising bond yields (along with rising energy prices) was one of the factors that could push an overbought stock market into a downside pullback. More on that shortly. The big story of the week, however, was how much... READ MORE
It was one month ago that I discussed the serious (short-term) warning signs that the stock market faced. I summed it up pretty well on a Your Daily Five recording that aired on July 19th. Calling weakness after it hits is easy, but discussing objectively the warning signs BEFORE the... READ MORE
Larry's "Family Gathering" webinar is now available! Whether you missed it and need to catch up, or just want to review the information Larry presented, you can now see the full recording below. In this special presentation, Larry discusses market cycles in detail, outlines his proprietary... READ MORE
In this episode of StockCharts TV'sThe Final Bar, Tony Dwyer of Canaccord Genuity talks Fed policy, corporate bond spreads, and why the level of interest rates is so important here. Host David Keller, CMT reviews the charts of the Magnificent 7 growth stocks and discusses downside objectives for... READ MORE
Passive investing and closet indexers beware; the S&P 500 (SPY) signaled strong-form NoGo trend conditions on a daily basis this Thursday. However, in this edition of the GoNoGo Charts show, Alex and Tyler look at how this has signaled some opportunities for active managers who have a tactical... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains the aspects of multiple-timeframe trading using price, moving averages, MACD and ADX. He shows the key thing to monitor that will tell you which timeframe is most tradable. He then analyses the symbol requests that came... READ MORE
In this episode of StockCharts TV'sThe Final Bar, Jessica Inskip of OptionsPlay breaks down her weekly charts of the Nasdaq 100, S&P 500, and equal-weight S&P 500 as the risk-off environment for stocks continues. Meanwhile, Dave highlights two stocks flashing the dreaded head-and-shoulders topping... READ MORE
KEY TAKEAWAYS * Broader stock market indexes fall sharply on Fed minutes * Treasury yields continue to rise * S&P 500 index closes below its 50-day moving average Better-than-expected earnings from Target (ticker symbol: TGT) and TJX Cos (ticker symbol: TJX), as well as better-than-expected US industrial output, threw some optimism... READ MORE
In this episode of StockCharts TV'sThe Final Bar, Dave Landry of DaveLandry.com shares hard-fought words of wisdom from his trading career, including a healthy mix of market knowledge, mental states, and money management tips. Meanwhile, Dave Keller tracks today's downside rotation as the Nasdaq 100... READ MORE
Larry is going LIVE! Don't miss the upcoming "Family Gathering" webinar with Larry Williams, airing live through Zoom this Thursday, August 17th at 4:00pm EDT. In this must-see event, Larry will be presenting his current opinions on a broad variety of current market topics, directly... READ MORE
The recent rise in interest rates and energy prices is certainly a cause for concern should these trends extend in any meaningful way over the next few months. After all, we are just about to enter September, which is seasonally the worst month of the year for stocks. Following that,... READ MORE
This is the fourth video in a multi-part educational series from Tyler Wood, CMT and Alex Cole, co-founders of GoNoGo Charts®. Trend-following investors lean heavily on money management practices that let winners run and cut losses short. This fourth video in the GoNoGo Charts® educational miniseries helps traders, analysts, and... READ MORE
In this episode of StockCharts TV'sThe Final Bar, Dave recaps today's market action including a mean reversion move higher for technology, with NVDA up over 7%. Dave also answers questions from The Final Bar Mailbag, including why the 50-day moving average can be so important and... READ MORE
In this episode of StockCharts TV's Sector Spotlight, after an assessment of weekly rotations on Relative Rotation Graphs for US sectors, I address the shorter rotations this week, trying to find whether some of these daily rotations managed to get in sync with their weekly counterparts (spoiler alert:... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl opens the show with a review of a very high-yielding ETF he recently became aware of. The "Magnificent 7" stocks all show bearish biases; SPY is holding support, but indicators are still quite weak. Erin Swenlin... READ MORE
The new narrative is that the Fed is done raising rates, so, in this week's edition of StockCharts TV'sHalftime, Pete shows you a correlation of two things to pay attention to to know the Fed's next move. He takes a look at the oil... READ MORE
In line with what was anticipated in the previous weekly technical note, the Indian equity markets witnessed profit-taking bouts from higher levels, along with spikes in the volatility, which is hovering around one of its lowest levels of recent months. It was also expected that the current uptrend might remain... READ MORE
On August 10, I appeared on CNBC Asia to discuss Alibaba (BABA)'s surprise beat on earnings and China's weak economic data. I began the segment reminding investors (and myself) that regardless of the news, opinions of analysts and the talking heads, price pays. It is with... READ MORE
KEY TAKEAWAYS * The Nasdaq 100 closed the week below its 50-day moving average, similar to recent breakdowns in leading stocks like MSFT and AAPL. * Instead of a rotation from offense to defense, this feels more like a rotation from growth sectors to cyclical sectors. * Energy-related ETFs including XOP and OIH... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the downtrend taking place in the Nasdaq, as well as sharing what's driving weakness. She also highlights why the Dow is remaining positive as well as key Value stocks poised to trade higher. This video... READ MORE
In this episode of StockCharts TV'sThe Final Bar, Dave wraps the week, reflecting on both stocks and bonds moving lower as the latest inflation data provides mixed evidence. He opens The Final Bar Mailbag to answer questions on Fibonacci Retracements, moving average support, and how institutions trade large... READ MORE
The market continues to be heavy after having a great two-month winning streak. On this week's edition of Moxie Indicator Minutes, TG lets the indicators and individual stocks cycle back down, then watches to see if any green shoots start to appear. Patience is needed right now. This... READ MORE
RISING ENERGY PRICES MAY BOOST YIELDS... This week's inflation reports sent a mixed message. July's CPI came in lower while July's PPI came in higher. Bond yields, however, gained more ground. The green bars in the upper box in Chart 1 show the 10-Year... READ MORE
In this episode of StockCharts TV'sThe Final Bar, guest Mish Schneider of MarketGauge talks higher rates and why China may deserve a second look for investors. Host David Keller, CMT highlights one key industry group feeling the pain as TSLA heads toward trend line support. This video originally... READ MORE
KEY TAKEAWAYS * If you have a short-term neutral bias and are bullish for the long-term, consider trading cash-secured puts * Your max profit from selling the put is limited to the premium you collect and max loss could be significant * Cash-secured puts can be used as an income generating strategy Bummed... READ MORE
In this week's edition of Trading Simplified, Dave takes a break from his series on Jesse Livermore to discuss his methodology in action. He revisits his core methodology by showing the ultimate goal of catching longer-term trends and how money and position management can occasionally make that possible.... READ MORE
In this edition of the GoNoGo Charts show, as US equities take a well deserved break from their strong rallies, Alex and Tyler quantify what investors can expect from both a trend and momentum perspective across the daily, weekly, and hourly timeframes. This video originally premiered on August 10, 2023.... READ MORE