This is the third video in a multi-part educational series from Tyler Wood, CMT and Alex Cole, co-founders of GoNoGo Charts®. Momentum is the next step for technical analysts after identifying trend. This video will help traders, analysts, and investors understand how momentum studies are calculated and what they seek... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains how he uses the A-B-C corrective pattern on the lower timeframe to improve entry. He first describes what we want on the higher timeframe, then shows examples of the A-B-C pattern and how to compare it... READ MORE
Many, in fact most, retail investors that were surveyed believe that the bonds have bottomed. Bill Ackman came out last week extremely bearish. Here's the technical skinny. Last week, TLT had a classic reversal bottom on very oversold conditions. Although TLT still underperforms SPY (risk on) according to... READ MORE
In this episode of StockCharts TV'sThe Final Bar, David Keller, CMT tracks the market's downside rotation as the S&P 4500 level once again serves as key resistance. He highlights semiconductor names, including NVDA and AVGO, that are breaking below their 50-day moving average, then... READ MORE
In this week's edition of StockCharts TV'sHalftime, Pete reviews some retail names popping up on his screens. Before that, however, he reviews the US Dollar and other key assets classes, plus gives a refresher on the TLT and a 3-year look back on XLE, the top-performing... READ MORE
The 30-year yield reached its high point last October and has been rangebound since December. Chart 1 shows that it began to break out of that trading range in late July, but has yet to succeed in taking out the October high. The 14-day RSI is currently correcting from an... READ MORE
The seven mega-tech stocks, known to some as the Magnificent Seven, have had a magnificent advance since late last year, but now we're seeing some weakness, and it is likely that they will be under-performing for a while. Many have been affected by an emerging expectation of miracles... READ MORE
KEY TAKEAWAYS * DIA bounced off its 21-day exponential moving average * The SCTR score is above 70 and market internals are looking positive * Index ETFs can be a great way to get exposure to an index without owning individual stocks If you look at the performance of the S&P... READ MORE
In this episode of StockCharts TV'sThe Final Bar, David Keller, CMT tracks the initial selloff and subsequent recovery for the S&P 500 and Nasdaq, with bullish candle patterns popping up on charts like AAPL. He digs into market breadth indicators, which have signaled a likely rotation... READ MORE
Today, we're continuing to look at the reset of the July 6-month calendar ranges in 4 of the Economic Modern FamilySectors.To remind you, the range is good until the next time it resets in January 2024. Beginning with Transportation (IYT), as of last Friday, it has begun... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I take a look at the rotations for asset classes and sectors. The current state of the rotations in asset classes shows Bitcoin and Commodities far away from the benchmark, which could provide ample opportunities to benefit from larger moves... READ MORE
KEY TAKEAWAYS * Materials Sector Steering Towards Leading Quadrant at Strong RRG Heading * Twelve Stocks In the Materials Sector are at a North Eastern Trajectory * PKG, WRK, and NUE look particularly interesting Looking at the Relative Rotation Graph for US sectors, we can see the Materials sector pops up as potentially... READ MORE
In this episode of StockCharts TV'sThe Final Bar, Dave sets the table for this week with a focus on FAANG stocks breaking down (MSFT, AAPL) vs. those still trending higher (META, GOOGL) as well as a potential rotation into financials XLF and energy XLE. He answers viewer questions... READ MORE
It's summertime, and the living should be easy. Folks do tend to go away in August as the market tends to chop around on lower volume. This August proves to be no exception thus far. What is interesting though, is looking at the reset of the July 6-month... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl opens by reviewing the "Magnificent 7+", a.k.a. the mega-cap darlings plus Tesla (TSLA). He discusses Apple (AAPL)'s demise and later discusses possible support levels. The bias is bearish in all three timeframes,... READ MORE
In the previous weekly technical note, it was mentioned about the vulnerability that the market faces due to extremely low levels of VIX. It was expected that such low levels of VIX had left the markets vulnerable to violent profit-taking bouts from higher levels. Precisely on these lines, the Indian... READ MORE
Being able to efficiently drill down from Sector to Industry Group to best Stock ideas is critical to an effective methodology. John Colucci guest hosts this episode of Power Charting to illustrate such a method and the scanning principles developed for the ‘Wyckoff Market Report'. Johni Scan (editor) does... READ MORE
According to the Stock Trader's Almanac, August has been the weakest month for the Dow and the second-worst month for the S&P 500 since 1987. (September is the worst month). This seasonal weakness, coupled with over exuberance among investors, has set the markets up for at... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what drove the markets lower, as well as key area of support for the broader market indices. She also shares areas that remain positive and why, and provides example stocks. This video originally premiered August 4, 2023.... READ MORE
KEY TAKEAWAYS * Two key breadth indicators, the McClellan Oscillator and the Nasdaq 100 Bullish Percent Index, both registered bearish signals this week. * While AMZN gapped higher on earnings and AAPL plunged lower, both stocks ended the week with bearish candle patterns. * Investors can use Fibonacci Retracements along with moving averages... READ MORE
We finished a very heavy week filled with all kinds of data: 1. Fitch downgrade 2. Earnings -- Amazon up, Apple down 3. Jobs report -- wages rising 4. Treasury Yields higher -- at October 2022 highs 5. Record temperatures around the globe, including winter in S. America 6. Oil... READ MORE
In this episode of StockCharts TV'sThe Final Bar, Dave tracks the bearish rotation for the technology sector as earnings misses for AAPL, PANW, FTNT, and others put downside pressure on the Nasdaq. He answers viewer questions on On Balance Volume, Chaikin Money Flow, and technical analysis techniques when... READ MORE
It's been at least a week in the making, but the pullback that TG thought was going to happen late last week showed up middle of this week, due to the Fitch downgrade of the US from AAA to AA+. On this week's edition of Moxie... READ MORE
It was quite a week in the stock market. The early part was relatively calm, but then things got a little hairy. You can thank the Fitch Ratings downgrade of US long-term debt from AAA to AA+ for the quick pivot in investor sentiment. The reason for the downgrade: "... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson announces a brand new stock market service from Larry Williams called "Focus On Stocks".Available now for all StockCharts Members, Larry's newsletter brings you exclusive market insights from one of the most... READ MORE
UPSIDE ENERGY BREAKOUTS...Last week's message listed energy as the strongest market sector over the last week and month. That positive trend continued this past week with some upside breakouts taking place. Chart 1 shows the United States Oil Fund (USO) trading above its April high. WTIC hasn&... READ MORE
In this episode of StockCharts TV'sThe Final Bar, guest Jeff Huge, CMT of JWH Investment Partners shares his Elliott Wave chart of the S&P 500, including a downside projection well below the October 2022 low. Host David Keller, CMT reveals another market breadth indicator registering a... READ MORE
In this edition of the GoNoGo Charts show, Alex walks viewers through the markets from a trend perspective, using the lens of the GoNoGo charts. He then shows a few charts of crypto markets. This video originally premiered on August 3, 2023. Click this linkto watch on YouTube. Learn more... READ MORE
In this week's edition of Trading Simplified, Dave shows his methodology in action with a trade that's "dead money?" He shows new mystery charts, updates some old ones, and emphasizes why money and position management is so crucial. He then continues his series on... READ MORE
There is no way around the fact that as bonds fall, yields rise. Some say this is a non-event, while Pete says, "let the trends tell you what type of event this is." Mega-caps have pulled back, but two massive names are due to report tonight, Apple and... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains why the MACD pinch play is so valuable. This pattern gives us plenty of important information about the stock and can be a great tool to identify stocks that are about to provide trading opportunities. Joe... READ MORE
In this episode of StockCharts TV'sThe Final Bar, guest Jay Woods, CMT of Freedom Capital Markets talks downside targets for the S&P 500 and Nasdaq 100, and also highlights one key sector with upside potential. Meanwhile, Dave reveals a huge sell signal from an important measure... READ MORE
Hi Gang. Larry Williams here. Welcome to my new stock market service called "Focus On Stocks," which I'm creating in conjunction with my friends at StockCharts.com. As a "Focus On Stocks" subscriber, you now have access to my latest market analysis. Be sure... READ MORE
On August 1st, as many cheered the rise in GDP (partly because consumer spending is 70% of the GDP), another agency did not cheer at all. With Government Debt to the GDP ratio super high, coupled with high interest rates, Fitch was not having it. They see this as a... READ MORE
KEY TAKEAWAYS * When selecting an options contract for your covered call look at probabilities and days to expiration * Know the best case scenario, worst case scenario, and the sweet spot when trading covered calls * Understand the risks and rewards of covered calls Have you considered renting a room in your... READ MORE
As the market and economy cheer the rise in GDP, we can thank consumer spending, 70% of GDP; services (what consumer pay for in aid, help or information), 45% of GDP; and government spending, about 19% of GDP. Hence, one sector to watch carefully is retail, or our Granny XRT.... READ MORE
In this episode of StockCharts TV'sThe Final Bar, guest Ari Wald, CFA CMT of Oppenheimer shows how overbought conditions have actually been a long-term bullish signal for the S&P 500 and Nasdaq. Dave highlights stocks reporting earnings today, including Eaton Corporation (ETN), Caterpillar (CAT), Stanley Black... READ MORE
In this episode of StockCharts TV's Sector Spotlight, on this first day of of August, I go over the completed monthly sector charts for July, looking for trends and support/resistance levels. I then wrap all of this up in a table, and finally talks the monthly Relative... READ MORE
CrowdStrike (CRWD) is separating itself from the rest of the pack with a breakout and nine month high. The chart below shows CRWD with an uptrend working throughout 2023. The stock bottomed in January, advanced to the 140 area and hit resistance here in March-April (thick red line). The stock... READ MORE
There have recently been a lot of depressing stories concerning the state of the Chinese economy. Here are a spattering of headlines that appeared just today: * China's Economic Recovery Weakens as Growth Concerns Linger (WSJ) * China Manufacturing Keeps Shrinking, Weighing on Economic Recovery (Bloomberg) * More Stimulus "Desperately... READ MORE