In this episode of StockCharts TV's Sector Spotlight, after an assessment of weekly rotations on Relative Rotation Graphs for US sectors, I address the shorter rotations this week, trying to find whether some of these daily rotations managed to get in sync with their weekly counterparts (spoiler alert:... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl opens the show with a review of a very high-yielding ETF he recently became aware of. The "Magnificent 7" stocks all show bearish biases; SPY is holding support, but indicators are still quite weak. Erin... READ MORE
The new narrative is that the Fed is done raising rates, so, in this week's edition of StockCharts TV'sHalftime, Pete shows you a correlation of two things to pay attention to to know the Fed's next move. He takes a look at the oil... READ MORE
In line with what was anticipated in the previous weekly technical note, the Indian equity markets witnessed profit-taking bouts from higher levels, along with spikes in the volatility, which is hovering around one of its lowest levels of recent months. It was also expected that the current uptrend might... READ MORE
On August 10, I appeared on CNBC Asia to discuss Alibaba (BABA)'s surprise beat on earnings and China's weak economic data. I began the segment reminding investors (and myself) that regardless of the news, opinions of analysts and the talking heads, price pays. It is with... READ MORE
KEY TAKEAWAYS * The Nasdaq 100 closed the week below its 50-day moving average, similar to recent breakdowns in leading stocks like MSFT and AAPL. * Instead of a rotation from offense to defense, this feels more like a rotation from growth sectors to cyclical sectors. * Energy-related ETFs including XOP... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the downtrend taking place in the Nasdaq, as well as sharing what's driving weakness. She also highlights why the Dow is remaining positive as well as key Value stocks poised to trade higher. This video... READ MORE
In this episode of StockCharts TV'sThe Final Bar, Dave wraps the week, reflecting on both stocks and bonds moving lower as the latest inflation data provides mixed evidence. He opens The Final Bar Mailbag to answer questions on Fibonacci Retracements, moving average support, and how institutions trade large... READ MORE
The market continues to be heavy after having a great two-month winning streak. On this week's edition of Moxie Indicator Minutes, TG lets the indicators and individual stocks cycle back down, then watches to see if any green shoots start to appear. Patience is needed right now.... READ MORE
RISING ENERGY PRICES MAY BOOST YIELDS... This week's inflation reports sent a mixed message. July's CPI came in lower while July's PPI came in higher. Bond yields, however, gained more ground. The green bars in the upper box in Chart 1 show the 10-... READ MORE
In this episode of StockCharts TV'sThe Final Bar, guest Mish Schneider of MarketGauge talks higher rates and why China may deserve a second look for investors. Host David Keller, CMT highlights one key industry group feeling the pain as TSLA heads toward trend line support. This video originally... READ MORE
KEY TAKEAWAYS * If you have a short-term neutral bias and are bullish for the long-term, consider trading cash-secured puts * Your max profit from selling the put is limited to the premium you collect and max loss could be significant * Cash-secured puts can be used as an... READ MORE
In this week's edition of Trading Simplified, Dave takes a break from his series on Jesse Livermore to discuss his methodology in action. He revisits his core methodology by showing the ultimate goal of catching longer-term trends and how money and position management can occasionally make that... READ MORE
In this edition of the GoNoGo Charts show, as US equities take a well deserved break from their strong rallies, Alex and Tyler quantify what investors can expect from both a trend and momentum perspective across the daily, weekly, and hourly timeframes. This video originally premiered on August 10, 2023.... READ MORE
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... 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... 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,... 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... 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... 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... 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&... 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... 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-... 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... 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... 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... 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 prices rise 6... 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