KEY TAKEAWAYS * The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite notched a three week winning streak. * Small-cap stocks are showing signs of rallying to the upside * Overall, the economy looks to be chugging along, investor sentiment is bullish, and we coudl see a year-end... READ MORE
PEAK IN OIL LED TO PEAK IN BOND YIELDS... Previous messages have shown a drop in bond yields starting a month ago coinciding with the fourth quarter rally in stocks. But there's another element in that story which is a sharp drop in the price of oil. That&... READ MORE
A weaker labor market, manufacturing production slowing, new home prices falling and crude oil inventories rising more than expected are all to blame for the big drop in oil prices. US also eased sanctions on Venezuelan oil. That's the nature of commodities; fresh news can supersede older headlines... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Craig Johnson, CFA CMT of Piper Sandler shares his long-term charts of the S&P 500 and 10-Year Treasury Yield and makes the case for small caps through year-end 2023. Dave shares one breadth indicator reaching... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains how to use multiple timeframes to trade a pullback. He shows the reasons why the setup looked attractive on the daily chart, then goes down to the hourly chart to evaluate the quality of the pullback... READ MORE
In this video, Larry begins with a followup on the October rally kickoff. He then covers stocks like CRWD, META, NVDA, LULU, and DKNG. Larry answers questions about seasonal and cyclical differences, his personal indicators, and what retailers rely most on for the Christmas season. He highlights some trades that... 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
Brazil planted a record soybean crop only to see unusually dry and hot weather create concerns for the harvest. Furthermore, Argentina had an extreme shortfall of soybean meal crops. Meanwhile, the USDA numbers were bearish for corn and soybeans, as U.S. crops came in larger than expected. However, China... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Dave Landry of DaveLandry.com reveals his three charts to define the market trend, limit losses, and stay on the right side of the market. Host David Keller, CMT targets names trading higher and testing key resistance, including TGT,... READ MORE
The Economic Modern Family has opened its loving arms to the bulls and to us after our 2 weeks away. Beginning with Granddad Russell 2000 (IWM), Monday began with a gap up over the 50-DMA (blue). We will watch for a phase change confirmation. Furthermore, the monthly chart shows... READ MORE
Larry is going LIVE! Don't miss the upcoming "Family Gathering" webinar with Larry Williams, airing live through Zoom this Thursday, November 16 at 2:00pm EST. In this must-see event, Larry will be presenting his current opinions on a broad variety of current market topics,... READ MORE
KEY TAKEAWAYS * Cooling CPI data sends equities roaring higher * The 10-year Treasury yield fell below 4.5%, a critical support level * Small-cap stocks were clearly the biggest winners today October's unchanged headline US CPI and lower-than-expected core CPI were reasons for investors to celebrate.... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Pete Carmasino of Chaikin Analytics puts this week's action into long-term perspective using his charts of bond prices, interest rates, unemployment, and regional banks. Dave highlights three stocks with actionable signals this week: ROST, FSLR, and... READ MORE
On this episode of StockCharts TV's Sector Spotlight, I update the current rotation in sectors and the positioning of macroeconomic variables to make an assessment of the positioning of the stock market within the economic cycle. This video was originally broadcast on November 14, 2023. Click anywhere on... READ MORE
I last wrote about bonds and interest rates in August, as they were in the process of challenging their October 2022 highs. My conclusion at the time was that they were likely to go through, but that upside potential would be limited due to what seemed at the time to... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave identifies bullish and bearish momentum divergences as the equity and bond markets await the October CPI reading on Tuesday morning. He answers questions covering Brent crude oil prices, uranium stocks, inverse head and shoulders patterns, and upside potential for... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl opens the show with a discussion about the typical 60/40 Portfolio (60% US Stocks/40% US Bonds) and whether it will continue to serve you well given the decline in Bonds. Is this portfolio blend obsolete? Both... READ MORE
KEY TAKEAWAYS * Boeing stock gapped on increased orders for its aircraft * After a double bottom pattern on the weekly chart, Boeing's stock price looks to be recovering * The stock could pull back or push through resistance and keep flying higher After falling from August to October, Boeing stock... READ MORE
It was another very solid day on Friday, this time with the S&P 500 powering above 4400 and the NASDAQ 100 busting back above 15500, both clearing key price resistance levels that effectively end the series of lower highs and lower lows from the July high. The best... READ MORE
Today's report features the Zweig Breadth Thrust, which was developed by the late, and great, Marty Zweig. Zweig appeared regularly on Wall Street Week, contributed to Barrons, published The Zweig Forecast and wrote Winning on Wall Street in 1986. Among other things, his timeless book shows us how... READ MORE
KEY TAKEAWAYS * Charles Dow first popularized the concept of trends as defined by the pattern of peaks and valleys in price action. * We can create shaded areas on a chart based on traditional support and resistance levels to create a "stoplight" effect to better define the market phase.... READ MORE
On Friday, the Nasdaq Composite posted its best day in more than five months, with a 2% rally that pushed this Index further into an uptrend. The S&P 500 had a good day as well, with all eleven sectors advancing higher. The sharp gain in the Nasdaq was... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what drove the markets higher last week. She also shares what needs to take place in order for a sustained uptrend to materialize. Last up, she presents a review of the weaker areas as defensive stocks pull... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson demonstrates two easy ways to take the individual stocks in key indexes like the S&P 500, NASDAQ 100, Dow Industrials and more, save those to a ChartList in your own account, and then review... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave dives deep into the world of market dynamics and technical analysis to answer YOUR burning questions! He talks topics like point and figure charts, moving averages, Nomura Holdings (NMR), Arthur J. Gallagher & Co. (AJG), and more! This video... READ MORE
We had been patiently waiting for the action that happened yesterday, even though it was down. In this week's edition of Moxie Indicator Minutes, TG shows you real alerts from the Moxie Indicator Trading room that called the pullback before it happened, and presents how you too can... READ MORE
KEY TAKEAWAYS * The stock market makes major gains with the S&P 500 and Nasdaq Composite closing above previous highs * The 10-Year Treasury yield retested its 4.5% level and reversed to the upside * Bitcoin rallied to close the week above 37,000 It was quite the week... READ MORE
NASDAQ CLEARS OCTOBER HIGH.. .After spending the week in a holding pattern, stocks are ending the week on a strong note and appear poised to continue their fourth quarter uptrend. Chart 1 shows the S&P 500 testing its mid-October high and nearing an upside breakout. Odds for... READ MORE
I've already pointed out that I believe the July through October correction is over. I'm sticking to my earlier convictions that we'll experience a very strong finish in 2023, breaking out to all-time highs later in Q4 or sometime in Q1 2024. Growth... READ MORE
KEY TAKEAWAYS * Combing Top SCTR rankings with Relative Rotation Graphs provides a powerful combination * Confirmation between weekly and daily RRG tails sends strong signals * PLTR, DKNG, COIN, ADBE, NVDA showing strong set-ups One of the several widgets/panels I have on my dashboard is SCTR Reports. To visualize the... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave takes a closer look at some key features on StockCharts and how to use them in new and improved ways, in order to gain a deeper understanding of market dynamics and price behavior. You might even stumble upon some... READ MORE
After TLT hit Pete's downside target, it had a violent move higher. On this week's edition ofStockCharts TV'sHalftime, Pete illustrates that the recent rally might be weakening. A look at WTIC crude shows a pullback right on the level Pete uses as a pivot... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows how to use comparative relative strength to identify important shifts in trend, sometimes well in advance of price. He explains what the line means, plus how to use it to provide early warning signals and for... READ MORE
After making a major low in 1981, bonds entered a rising trend that lasted nearly 40 years. During that period, new rules and expectations were constructed and acquired that still influence decision making today -- which is unfortunate, because the game has changed. In 2022, the long-term rising trend line... READ MORE
KEY TAKEAWAYS * The S&P 500 and Nasdaq Composite continue their winning streak * Crude oil continues to slide as it trades below its 200-day moving average If there were one thing that was surprising about the stock market, it would be how quickly the charts changed in November.... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave takes a closer look at some key features on StockCharts and how to use them in new and improved ways, in order to gain a deeper understanding of market dynamics and price behavior. You might even stumble upon some... READ MORE
In this week's edition of Trading Simplified, Dave shows his methodology in action with two open trades, explaining why you must "cherry-pick" all setups and see subsequent positions through their fruition, even during less-than-ideal conditions. He also shows the recent TFM 10% sell... READ MORE
On this episode of StockCharts TV's Sector Spotlight, I take a look at current sector rotation while comparing cap-weighted sectors with equal weight sectors, trying to find areas of the market where either one of these is dominating. I then demonstrate how to use ratio symbols on... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Mike Singleton of Invictus Research describes the impact of higher interest rates on consumer spending and growth stock valuations. Host David Keller, CMT charts the breakout for the QQQ and reviews stocks reporting earnings, including DKNG, UBER, and more.... READ MORE
The market has been signalling over-sold in multiple ways over the last 3 months, but we finally got a trigger, right around the 10% correction market plus FOMC. Powell was pretty neutral, but whatever it was, the market decided it liked it. So a V bottom appears to be... READ MORE