SECTOR SPDRS IN UPTRENDS... The number of sectors in rally mode has broadened out which is a positive sign for stocks. You may recall concerns in recent months that the market rally was too concentrated in large growth stocks and lacked market breadth. That's no longer the case.... READ MORE
KEY TAKEAWAYS * MSFT stock price surges past its 52-week high but. pulls back, closing just shy of $379 * Investors should watch for dips and resistance-turned-support levels for long entries * Microsoft's massive investment in OpenAI could help push the stock price higher While Microsoft's... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Jeff Hirsch of theStock Trader's Almanacshares the suggested seasonal pattern for 2024 and breaks down how previous election years have played out. Host David Keller, CMT highlights a breakout in gold miners, regional banks breaking above their... READ MORE
In the final edition of Trading Simplified, Dave shows his methodology in action by sharing two positions that he continues to hold, even though they were "dead money" most of the time, and why he applied discretion to stick with a losing position to possibly avoid a loss.... READ MORE
As Pete has said several times on theHalftimeshow before, the Fed will likely cut rates when the unemployment rate ticks higher. Year-to-date the unemployment rate is up 14% from its lows in January and even Christopher Waller, an economist and member of the Fed Board of Governors, mentioned... READ MORE
A lot of the time, I write articles that focus on markets or technical situations that should be monitored for a potential turn. This one is no different, except to say that these markets are not close to breakout points, but right at them. In short, it's fish-... READ MORE
On Monday, after the close, some warning signs from our risk gauges popped up. These are especially interesting given the number of bulls and the amount of money coming into the market. Technically, we still have the resistance that has not cleared in small caps, retail, or transportation. And this... READ MORE
KEY TAKEAWAYS * Coinbase stock has broken above its trading range * The stock ranked in top position in the SCTR ranking for large-cap stocks * The stock may be overbought and due for a pullback The cryptocurrency space has had its share of challenges, but Coinbase (COIN) looks like it may... READ MORE
It's the end of the month, which means it's time for me to take a look at the seasonal behavior for the S&P 500 and its sectors on this episode of StockCharts TV's Sector Spotlight. Is there is any alignment between historical... READ MORE
Over the weekend, I covered small caps, retail, semiconductors and transportation. The conclusion was that "If you put these four charts all together, we get a reunion that is filled with the makings of a family breakdown. While Granny XRT and Sister Semiconductors SMH give us investors reasons to... READ MORE
In this week's edition of The DecisionPoint Trading Room, Erin flies solo today and gives everyone a refresher course on how to expertly time your entries and exits for trades, using the 5-minute candlestick chart. She covers the market in general, followed by analysis of sectors of... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave devotes the show to the Mailbag. He answers viewer questions about the impact of the US Dollar on the stock market, why he uses the S&P 500 ETF rather than the S&P Index for relative... READ MORE
A recent article on the Business Insider site reported a set of Death Cross/Golden Cross signals on the Dow Jones Industrial Average ($INDU). Specifically, on November 13, the 50-day moving average crossed down through the 200-day moving average, commonly called a Death Cross. Two days later, the... READ MORE
The equity markets consolidated throughout the week. Although they stayed within a narrow range and traded sideways for almost all days of the week, the Indices were devoid of any directional trend. Following strong weekly gains of over 1.58% in the week before, the NIFTY chose to remain in... READ MORE
We can use sentiment indicators for a lot of purposes. I routinely follow the 5-day SMA of the equity only put call ratio ($CPCE) to help spot short- to intermediate-term bottoms. It's not quite so effective at calling market tops, but it does work in that... READ MORE
The percentage of stocks in long-term uptrends rebounded sharply in November and returned to the highs from late August and early September. This rebound is impressive, but the absolute levels are still not that inspiring. We need to see participation breakouts and higher participation levels to get the broad... READ MORE
In this week's edition of Moxie Indicator Minutes, TG notes that the markets are deciding to hang on tight to their upper levels over the holiday week. He thinks we still need a pullback, but perhaps it will be more of a flag. Either way, initiating long trades... READ MORE
KEY TAKEAWAYS * DJ Industrials closing in on overhead resistance * Weekly RRG showing some strong opposite rotations * Identifying two potential pair trading setups (MSFT-MRK & NKE-CAT) The Dow Jones Industrial Index ($INDU) is reaching overhead resistance between 35.5k and 35.7k, which means that upside potential is now... READ MORE
I know we're in the midst of a powerful rally that began EXACTLY when seasonality suggested it would - at the close on October 27th. I discussed the very bearish seasonality leading up to that October 27th close in my article, "Odds Favor Further Selling This Week (Maybe... READ MORE
In the 1995 film, Home for the Holidays, family reunions are explored using both drama and comedy. The film illustrates how we outsiders looking in never really know the love and the madness that goes on inside any one family's home during Thanksgiving. Happily, our Economic Modern Family... READ MORE
We spend a lot of time analyzing sector rotation, but there are also other relationships that can offer useful insights to internal market dynamics. One aspect of this is the relationship between market averages. NASDAQ vs. the DJIA As an example, Chart 1 plots the relationship between the NASDAQ Composite... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave reviews the latest market breadth indicators, some of which are indicating a likely pullback from resistance around the 4600 level for the S&P 500. He also focuses on stocks with actionable patterns including GOOGL, NFLX, SPOT, NVDA,... READ MORE
KEY TAKEAWAYS * Stock market breadth is widening which is an indication that market internals are strong * Falling treasury yields suggest that inflation expectations are declining * Investors are more complacent than in October which is bullish for equities Stocks are having a good November, which aligns with typical stock market behavior.... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Mary Ann Bartels of Sanctuary Wealth describes how falling interest rates could pave the way for another leadership by mega-cap growth stocks, including semiconductors. Host David Keller, CMT breaks down two market breadth indicators to watch into December... READ MORE
KEY TAKEAWAYS * Gap's earnings expectations, caused the stock price to gap up by more than 30% * Despite the gains, both the RSI and volume suggest Gap's stock may be overbought and losing momentum * The stock was filtered in the Strong Volume Gainers scan which you can... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson kicks off the BIGGEST week of the year here at StockCharts with two exciting announcements: our Black Friday Week sale and a fresh round of updates on the new SharpCharts Workbench. He'll show you... READ MORE
On this episode of StockCharts TV's Sector Spotlight, I dive deep into rotations for asset classes and sectors. Bitcoin, as a proxy for crypto currencies as an asset class, is shooting off into the leading quadrant, while commodities are losing strength and stocks are back in the lead.... READ MORE
On Monday the 20th, I gave 2 interviews. The first is the clip below is from Yahoo Finance where we focus on oil and agricultural commodities. The second interview is the Daily Briefing with Maggie Lake on Real Vision. This chart above is featured, along with: 1. Inflation thesis 2.... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave breaks down the technical setups on all of the Magnificent 7 stocks, addressing the balance between strong trends and overbought conditions. He answers viewer questions on investor sentiment, trailing stops, potential upside for TSLA, and the latest thinking on... READ MORE
KEY TAKEAWAYS * This stock reached new 52-week high again and can be profitable trading candidate * Adding a momentum indicator to your charts will help identify if there's enough momentum to push the stock higher * A StockCharts Technical Rank (SCTR) score above 90 makes this stock technically strong... READ MORE
In the previous episode, TG explained that we needed to wait for the right opportunities to buy pullbacks from when the market shot up. The mega-caps and the major indexes did one small day of pulling back, but underneath that, many individual stocks have pulled back and come into... READ MORE
Sample Report Below is our latest Weekly Market Report (WMR), which is published on Sunday/Monday of every trading week. It's unlike our Daily Market Report (DMR) as the WMR focuses almost exclusively on the Big Picture and is more designed for those with longer-term investing/trading... READ MORE
After crushing its revenue and earnings expectations on November 2nd, Expedia (EXPE) has been on a roll. Here are the quarterly numbers that the internet travel giant posted a little over two weeks ago: * Revenues: $3.93 billion (actual) vs. $3.87 billion (estimate) * EPS: $5.41 (actual) vs. $5.... READ MORE
The 10-year treasury yield ($TNX), and its recent decline, is certainly aiding, at least in part, the recent surge in U.S. equities. After hitting 5.0% on October 23rd, the TNX has been in a steady decline. As I see it, we've got further downside in... READ MORE
StockCharts users can chart the Zweig Breadth Thrust for the S&P 1500 or any other index that has Advance-Decline Percent data. All we have to do its convert the Zweig Breadth Thrust levels to their equivalents using Advance-Decline Percent. The Zweig Breadth Thrust is based on... READ MORE
KEY TAKEAWAYS * We use a series of weekly exponential moving averages to define the trend on three time frames. * The medium-term model just turned bullish, suggesting a risk-on environment for stocks. * Our Market Trend Model had a similar setup in March 2022, before a downturn eliminated the bullish... READ MORE
Below is a reprint of an article written Thursday in the subscriber-only DecisionPoint Alert: One of the things we keep track of is the performance of the S&P 500 Index (SPY), which is cap-weighted, versus the S&P 500 Equal Weight Index (RSP). In a... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reveals areas of the market that are reversing lengthy downtrends and the best way to participate. She also highlights where the strength is in the markets as the uptrend remains firmly in place. This video originally premiered November... READ MORE
Since we came back from vacation, I've written 3 Dailys. The first of these was on the Economic Modern Family and how it opened its loving arms to the bulls. I was particularly keen on small caps or the Russell 2000 (IWM). I wrote, "Beginning with Granddad... READ MORE
In this special edition of StockCharts TV'sThe Final Bar, guest Adrien Zduńczyk, CMT, of The Birb Nest shares a groundbreaking seasonality study he created with Jeff Hirsch ofStock Trader's Almanac. Adrien and Dave explain how November and December tend to be seasonably strong for Bitcoin, why... READ MORE