The S&P 500 (SPY) has fallen about 10 percent from the July top, and the last two weeks has been pretty rough, so should we be looking for the Bear to take charge again? First, looking at a weekly chart, it is not clear that the Bear actually... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Tom Bowley of EarningsBeats shares his chart of key ratios illustrating how growth still has held its ground relative to value stocks. Host David Keller, CMT focuses in on distribution in the last hour of trading and highlights one... READ MORE
In this week's edition of Moxie Indicator Minutes, TG discusses how breadth continues to be abysmal, and now that some of the mega caps are reporting earnings, they are getting whacked hard. If they can't hold up, most of the market is at risk of moving... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows an intraday trade setup in the SPY that took place this week. He uses the MACD and ADX in multiple timeframes to explain in detail how they can help with our entry and timing. He discusses... READ MORE
S&P 500 BREAKS 200-DAY LINE...Last week's message showed the S&P 500 testing important support lines which included its 200-day moving average. Those support levels are being broken to the downside. The daily bars in Chart 1 show the SPX falling below... READ MORE
KEY TAKEAWAYS * Amazon stock has been falling ahead of earnings and is close to hitting the support of its 200-day moving average * When AMZN announce its Q3 earnings, investors will be interested in the company's e-commerce and cloud services * Keep an eye on AMZN's... READ MORE
Correlations rise during bear markets. This means more stocks participate in broad market declines than broad market advances. In other words, the odds are stacked against us when picking stocks in bear markets. Traders are better off looking outside of the stock market for opportunities. The Perfchart below shows the... READ MORE
The only two sectors to close higher on Wednesday were in the defensive category, Consumer Staples (XLP) and Utilities (XLU). We were already watching XLP as it established a short-term rising trend. What we aren't seeing is healthy participation...yet. We are seeing some expansion in stocks... READ MORE
When Anwar Sadat, President of Egypt was assassinated in 1981, gold rallied sharply over the near-term, but the advance soon petered out. The reason was that gold was in a primary bear market, so the advance merely represented a counter-cyclical move. Gold has rallied sharply since the Middle... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Mary Ellen McGonagle of MEM Investment Research shares three stocks showing promise during a period of severe market distribution. Dave focuses in on the S&P 500 testing Fibonacci support and breaks down earnings for Microsoft, Alphabet, Spotify,... READ MORE
KEY TAKEAWAYS * Microsoft's Q1 2024 earnings report beat analyst expectations * Microsoft's weekly charts suggest a long-term bullish stance for MSFT stock * Microsoft's daily chart also shows a bullish stance with the stock trading well above its 200-day movign average When Microsoft (MSFT)... READ MORE
First off, we are heading out of town to New York where I will be visiting in studio several media channels and hosts. Then, we are off to Orlando for the MoneyShow. On November 1st, Keith and I go on vacation until the middle of the month. This is the... READ MORE
KEY TAKEAWAYS * Google's Q3 earnings will have an impact on which way the stock moves * GOOGL's daily stock chart shows the stock is trading very close to its 52-week high * GOOGL stock is trading above its 21-day exponential moving average, it has a high... READ MORE
Monday, after a lot of spooky headlines, the SPDR S&P 500 ETF (SPY) touched its 23-month moving average (MA) or the two-year biz cycle breakout point right around 417. Plus, the iShares 20+ Year Treasury Bond ETF (TLT)flashed green as didIWM,the small caps. The... READ MORE
Over the past six trading days, NVDA has fallen from a high of 476.09 to Friday's low of 410.78. That's a drop of 65.31, or nearly 14%, in just over one week. Would it make sense to take advantage of this selling? Well,... READ MORE
I've been watching the Volatility Index ($VIX) for years and it provides us a number of very important signals. One of those signals is BE CAREFUL when the VIX moves from the teens and into the 20s. In my experience, moving from 13 to 15 isn't... READ MORE
The markets wore a largely corrective undertone throughout the past five sessions; it oscillated within a similar range as the previous week and closed on a negative note. The volatility remained on the lower side; as the volatility has been low, the bands contracted as well. As compared to the... READ MORE
October is a significant month in the stock market, and in this pre-election year, there's a lot of uncertainty among investors, which makes the stock market more volatile. In this video, Larry discusses the October Seasonality and talks about stocks that generally perform well during the month.... READ MORE
KEY TAKEAWAYS * Golden Cross BUY Signal for Gold * Death Cross SELL Signal for NYSE Composite * Death Cross SELL Signal for Materials (XLB) Gold (GLD) has been strong this month and today its 50-day EMA crossed up through its 200-day EMA (Golden Cross), generating an LT Trend Model BUY... READ MORE
Most of you know our Big Viewproduct since I often discuss our risk gauges. I can report to you that our risk gauges show three out of the five with risk off. Most interestingly, the SPY continues to outperform the long bonds, risk-on. And junk bonds continue to outperform... READ MORE
KEY TAKEAWAYS * The S&P 500 index closed lower for the week and below its 200-day moving average * Long-dated Treasury yields continue to move higher as investors digest the higher-for-longer narrative * VIX has been trending higher which indicates a rise in investor uncertainty Stock market... READ MORE
KEY TAKEAWAYS * RRG is sending a strong message to prefer Growth over Value * Putting the growth stocks from IVW through a scan and some thorough RRG analyses finds a handful of interesting names * Two unexpected stocks are showing up as having good upside potential * Especially growth stocks from Defensive sectors... READ MORE
KEY TAKEAWAYS * Scanning for stocks that are reaching all-time highs while the broader market is trending lower can result in ideal trading opportunities * Look for stocks that are trending higher over the longer-term and pulling back * FANG, PGR, and MUSA are showing signs of pullback and should be... READ MORE
Today, we will be having a "Family Gathering" meeting at 11 AM Pacific/2:00 PM Eastern. The show will be recorded and posted online for those of you who cannot attend. Use the link below to join: Link to join Webinar https://stockcharts.zoom.us/j/85377769524... READ MORE
KEY TAKEAWAYS * Tesla's stock formed a symmetrical triangle pattern leading up to Q3 earnings, indicating potential volatility amid indecision * TSLA stock broke below the symmetrical triangle after missing earnings * You can figure out the price target based on a measured move or average statistics Sometimes, a stock'... READ MORE
NEARLY AT 5%... Previous messages have mentioned 5% as the next major upside target for the 10-Year Treasury yield. The TNX hit 4.99% today. Chart 1 shows the next potential target at 5.25% which was the closing high formed sixteen years ago. That previous peak may provide... READ MORE
Considering everything: 1. Yields and mortgage rates 2. War 3. Inflation and rising commodity prices 4. Bank stocks falling 5. Risk Gauges: 2 out of 6 now risk-off To name a few, why, then is the S&P 500 so strong? Here are a few reasons: 1. Fed... READ MORE
The Home Construction ETF (ITB) led the market the first seven months of the year, but fell on hard times the last two months and reversed its long-term uptrend. Today's report/video will look at the trend reversal in ITB using the RSI Trend Range indicator. We... READ MORE
KEY TAKEAWAYS * Small cap and retail stocks are rising and need to hold support to clear overhead resistance. * iShares Nasdaq Biotechnology ETF (IBB) should stay within the 120 to 125 range. * Watch the range in regional banks, a potential uptrend in Bitcoin, and a bullish move in commodities. With words... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave shares how growth over value is less about the types of companies and more about the market cap represented in the largest benchmark names. He breaks down today's pop-and-drop for Bitcoin and answers questions from... READ MORE
Waking up to a new week of geopolitical stress, fake news (Blackrock spot ETF), higher yields, softer dollar, equities rally, I thought to myself: As far as the market goes, it feels like time is standing still. Why would I think that? After all, it may not last and certainly... READ MORE
In this edition of the GoNoGo Charts show, with US Equities delivering a streak of daily gains this week, Alex and Tyler examine the daily weak NoGo trend conditions against the weak Go trend conditions on the weekly timeframe. The model is calculated the exact same way, but longer timeframe... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl discusses the war's effect on the market and looks closer at the effects of high mortgage rates, which have hit multiyear highs. These are pinching not only buyers, but sellers and homebuilders. Afterwards, he goes deeper... READ MORE
On this episode of StockCharts TV's Sector Spotlight, after two weeks of absence, Julius de Kempenaer is back with an in-depth look at the current state of asset class rotation and sector rotation. By slicing sectors into Offensive, Defensive, and Sensitive groups, he paints a picture with... READ MORE
I must say, I was surprised that the outbreak of war in the Middle East and a 4% rise in oil sent the market higher, not lower by the close of business last Monday. Typically, a market that does not respond to bad news in a negative way is one... READ MORE
Larry is going LIVE! Don't miss the upcoming "Family Gathering" webinar with Larry Williams, airing live through Zoom this Friday, October 20th at 2:00pm EDT. In this must-see event, Larry will be presenting his current opinions on a broad variety of current market topics,... READ MORE
Today's report will compare charts and performance for the Semiconductor ETF (SOXX) and the Semiconductor SPDR (XSD). SOXX represents large-caps and is holding up. XSD represents the average semiconductor stock and it is not holding up. Broad weakness within the semiconductor group is likely to spread to... READ MORE
Few individual stocks are truly worthy of a long-term investment. The truth of the matter is that most stocks have solid quarters, but rarely sustain that strength and growth over years and decades. In fact, many industry groups suffer from the same problem and it's one reason... READ MORE
In the previous technical note, it was mentioned that the volatility gauge INDIAVIX had stayed at its lowest levels, and this setup was keeping the markets vulnerable to profit-taking bouts from the current levels. Over the past five days, the markets showed some signs of profit-taking, but at... READ MORE
The markets started the week on a strong note with a rally, which was boosted by the release of dovish remarks from the Federal Reserve's last meeting. A stronger-than-expected CPI report sparked an increase in interest rates, however, which pushed the markets lower. The selling picked... READ MORE