I was honored to spend time on Making Money with Charles Payne, which airs on Fox Business, and give a brief glimpse into why I'm not as bearish right now based on the macro. (link below) My macro take based on business cycles and zooming out on the... READ MORE
When we talk about "participation," we are referring to the number of stocks actually taking part in a given market move. Presently, we are looking at the rally from the October lows and the indicators we use to assess it. First, we have our Silver Cross Index (SCI)... READ MORE
In this week's edition of Trading Simplified, Dave shows his methodology in action by showing a recent stock pick that he believes has tremendous potential. He then continues his series on the wisdom of Jesse Livermore. This week, he focuses on the fact that you must be patient... READ MORE
The Market Outlook for 2023was written in December 2022. I have a designated radar screen for all the predictions and stock picks. The picks especially remain a focus for short-term and longer-term trades, depending on market conditions. In December, I wrote, "This stock, Tetra Tech (TTEK) made our radar... READ MORE
Chevron's (CVX) technical health could be in better shape according to numerous indicators best summed up by the StockCharts Technical Rank (STCR)score. Talking about underwhelming performance, CVX is clearly in decline. But a decline from where and to what? (A better question, perhaps). CVX is declining from... READ MORE
After looking at the Sector Rotation Model, Seasonality, and Monthly charts in recent episodes, it is time for an assessment of current market rotation again. In this week's edition of StockCharts TV's Sector Spotlight, I take a look at the rotations for asset classes on weekly... READ MORE
Running scans as part of your daily trading routine can reveal surprising trading candidates. Alphabet, Inc. stock is well-loved among investors and a massive component of the S&P 500 index. But GOOGL has struggled. Will it break through a critical resistance level? After running a scan identifying large-cap... READ MORE
The other day, I was looking at the charts of stocks, bonds, and gold and remembered that the lows of 1982 were preceded by a similar setup to what we see today. History rarely repeats exactly, and there are many differences between now and then. Still, I think it'... READ MORE
We've noticed that depending on what index you're in, price is holding up or not. The SP500 (SPY) (pink solid line) tested February highs, but the SP600 has been angling lower. Today we saw disparity again as the SPY was up slightly while SP600 (IJR) was... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl opens by discussing two groups of stocks that you should avoid in the near future. He gives his take on the overall market, Gold, Bonds and more. Erin takes a look "under the hood" of the... READ MORE
I am back from 2 weeks of whirlwind travel and presenting at both the Money Show in Las Vegas and Charting Forward at StockCharts.com. I thank Geoff Bysshe, the President of MarketGauge.com for filling in for me. After the market has absorbed bank crises, debt ceiling talk, the... READ MORE
In this week's edition of StockCharts TV'sHalftime, Pete takes a look at the number of stocks have turned bullish versus the number of stocks that have turned bearish. Pete wants to see what's happening under the surface of the markets, keeping an eye out... READ MORE
Today, I've got a handful of bullish stock charts for your ChartLists next week, the importance of which begins with the above table. You can find this Sector Summary table updated daily at www.marketgauge.com/sectors. If you were watching the market last week, it probably didn&... READ MORE
In the previous week's technical note, we discussed the persistently low levels of INDIAVIX, the volatility gauge, and how it can leave the markets vulnerable to profit-taking bouts. The week that went by saw the first cracks appearing in the frontline indexes, which may have put an intermediate... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the broader markets to determine where we may be headed over the near term. She also explores the bottom fishing taking place among former leaders that have sold off sharply but are now reporting strong earnings. This... READ MORE
While the S&P 500 struggles to push beyond its overhead resistance in the area around 4200, money is rotating out of offensive sectors into defensive AND sensitive. On the weekly chart, two trading ranges are starting to emerge. The first one is the more narrow one, between roughly... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson reaches back into his bag of StockCharts tips and tricks to show you how to track entry points, stop levels and price targets directly on your charts. These simple yet powerful tools will greatly enhance your... READ MORE
BONDS YIELDS VS. THE NASDAQ...The direction of bond yields has had an impact on various intermarket relationships. One of the them is the Nasdaq market. The main point of Chart 1 is to show that falling bond yields have been good for the Nasdaq market so far this year.... READ MORE
On this week's edition of Moxie Indicator Minutes, TG takes you inside the Moxie Indicator trading room to show you how he's been navigating this week of large up and down moves. It has been a fun and interesting several days as the market twists itself... READ MORE
Today's daily features two videos that Mish recorded in the studio at StockCharts.com HQ! The first video is Mish's appearance on today's episode of Your Daily Five.In this video, Mish explains why Grandma Retail (XRT) may become our new leading indicator. In... READ MORE
The rangebound nature of equity indices is a dangerous environment for passive investment vehicles and closet indexers. In this edition of the GoNoGo Charts show, using a top-down approach to their analysis, Alex and Tyler show there are leaders and laggards in each and every sector group, including Financials (XLF)... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains the difference between a broken pattern vs a shakeout. Shakeouts are a good opportunity to buy after "weak" holders have been shaken out of the pattern. Joe shows how to monitor the price structure... READ MORE
The real reaction to today's Fed meeting is likely to happen tomorrow. All eyes and ears were on Chairman Powell today. Most notable was how he and the markets were clearly uncomfortable with the press conference, but it was not until it was finished that the markets all... READ MORE
In this week's edition of Trading Simplified, Dave continues his series on "The Wisdom of Jesse Livermore", starting by discussing the fact that one of Livermore's blow-ups stemmed from not realizing how the game had changed. Dave also covered many other lessons such as... READ MORE
Today was Fed Decision Day, and investors were disappointed. No definite pause in interest rate hikes, but maybe just a little hint. As expected, the Fed raised interest rates by 25 basis points. This brings interest rates to the 5.0%-to-5.25% range. The last time rates were this... READ MORE
Scanning the market for a tradable "event" might get you an express ticket to the "fast money" line of opportunity and risk. Bear in mind that an "event" is something that has already happened. Jumping on the opportunity means you'll be a... READ MORE
As a closing gesture to the end of April, which, as you know, was Financial Literacy Month, we're featuring a few trading books handpicked by some of the most respected traders and technical analysts in the field. These books had a strong impact on the people recommending them,... READ MORE
Most of the time, when looking at equity markets outside of the US, I focus on the various country ETFs, which are denominated in dollars rather than local currencies. In some ways, this limits my perspective, since currency fluctuations can change some of the outcomes--especially in countries experiencing a high... READ MORE
Stocks began the day weak—weaker than most traders probably realized. As you can see in the intra-day chart below, short-term momentum, as measured by Real Motion, had rolled on Monday. As a result, when the SPDR S&P 500 ETF (SPY) broke its 30-minute Opening Range low (as... READ MORE
The stock market has had quite a week. First, there was JP Morgan Chase (JPM)'s takeover of First Republic Bank (FRC). Then came the warning from Janet Yellen that the US may hit its debt ceiling as early as June 1. That's a lot to digest,... READ MORE
This a packed episode of StockCharts TV's Sector Spotlight; as you'll notice from the different setup, Julius recorded IN the studio at the StockCharts.com headquarters! With the show on hiatus last and this week being the first Tuesday of the month, Julius covers both the... READ MORE
The common refrain, "Sell in May..." gives this month a bad rap, but it doesn't deserve it. May is historically one of the least volatile months of the year, as measured by its closing average return in the S&P 500 index. Since 1970, its... READ MORE
In this week's edition of StockCharts TV'sHalftime, Pete takes a look at the Bullish Percent Indexes, New York Composite, the Nasdaq and the S&P. He then examines large-cap stocks that have turned bullish this week, including one name that has been under the radar... READ MORE
As the upcoming Fed rate announcement nears, investors are holding their breath; on this week's edition of The DecisionPoint Trading Room, Carl talks about what that likely means for the market short-term. He covers the top ten mega-cap stocks, and both he and Erin discuss Banks and the... READ MORE
Growth-oriented stocks tend to have their best relative showing vs. value-oriented stocks beginning in May and running through August. Check out the relative seasonal performance of the XLK (vs. the SPY) over the next four months: If you add the bottom numbers of each calendar month (represents average monthly outperformance... READ MORE
I remain quite bullish the overall market. I call what I see and what I saw in 2022 were stock market participants that turned incredibly bearish. I said at the beginning of 2022 that we needed a bear market brutal enough to send the masses to the sidelines and never... READ MORE
After taking a short breather last week, the markets resumed their up-move and went on to post a decent gain over the past five sessions. In the previous technical notes, concerns were raised about the persistently declining value of VIX and the consequent vulnerability that it lends to the markets.... READ MORE
The markets began last week with a sharp pullback that pushed the broader Indices toward key support, with many individual stocks breaking below support. The drop occurred amid renewed banking fears after Tuesday, when San Francisco-based First Republic Bank (FRC) reported a slump of more than $100 billion in deposits... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the short-, intermediate-, and long term outlook for the S&P 500 after last week's bullish late-week price action. She also examined the Dow's out-performance this month and which stocks are poised... READ MORE
A slowdown can sometimes be a good thing. That was the general thinking behind the market when the much-awaited GDP report was released on Thursday. The data showed that the US economy grew less than analysts expected; the overall economy grew 1.1% in the first quarter of 2023, which... READ MORE