In this episode of StockCharts TV'sThe Final Bar, guest Jeff Huge, CMT of JWH Investment Partners shares his Elliott Wave chart of the S&P 500, including a downside projection well below the October 2022 low. Host David Keller, CMT reveals another market breadth indicator registering a... READ MORE
In this edition of the GoNoGo Charts show, Alex walks viewers through the markets from a trend perspective, using the lens of the GoNoGo charts. He then shows a few charts of crypto markets. This video originally premiered on August 3, 2023. Click this linkto watch on YouTube. Learn more... READ MORE
In this week's edition of Trading Simplified, Dave shows his methodology in action with a trade that's "dead money?" He shows new mystery charts, updates some old ones, and emphasizes why money and position management is so crucial. He then continues his series on... READ MORE
There is no way around the fact that as bonds fall, yields rise. Some say this is a non-event, while Pete says, "let the trends tell you what type of event this is." Mega-caps have pulled back, but two massive names are due to report tonight,... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains why the MACD pinch play is so valuable. This pattern gives us plenty of important information about the stock and can be a great tool to identify stocks that are about to provide trading opportunities. Joe... READ MORE
In this episode of StockCharts TV'sThe Final Bar, guest Jay Woods, CMT of Freedom Capital Markets talks downside targets for the S&P 500 and Nasdaq 100, and also highlights one key sector with upside potential. Meanwhile, Dave reveals a huge sell signal from an important measure... READ MORE
Hi Gang. Larry Williams here. Welcome to my new stock market service called "Focus On Stocks," which I'm creating in conjunction with my friends at StockCharts.com. As a "Focus On Stocks" subscriber, you now have access to my latest market analysis. Be sure... READ MORE
On August 1st, as many cheered the rise in GDP (partly because consumer spending is 70% of the GDP), another agency did not cheer at all. With Government Debt to the GDP ratio super high, coupled with high interest rates, Fitch was not having it. They see this as a... READ MORE
KEY TAKEAWAYS * When selecting an options contract for your covered call look at probabilities and days to expiration * Know the best case scenario, worst case scenario, and the sweet spot when trading covered calls * Understand the risks and rewards of covered calls Have you considered renting a room in your... READ MORE
As the market and economy cheer the rise in GDP, we can thank consumer spending, 70% of GDP; services (what consumer pay for in aid, help or information), 45% of GDP; and government spending, about 19% of GDP. Hence, one sector to watch carefully is retail, or our Granny XRT.... READ MORE
In this episode of StockCharts TV'sThe Final Bar, guest Ari Wald, CFA CMT of Oppenheimer shows how overbought conditions have actually been a long-term bullish signal for the S&P 500 and Nasdaq. Dave highlights stocks reporting earnings today, including Eaton Corporation (ETN), Caterpillar (CAT), Stanley... READ MORE
In this episode of StockCharts TV's Sector Spotlight, on this first day of of August, I go over the completed monthly sector charts for July, looking for trends and support/resistance levels. I then wrap all of this up in a table, and finally talks the monthly Relative... READ MORE
CrowdStrike (CRWD) is separating itself from the rest of the pack with a breakout and nine month high. The chart below shows CRWD with an uptrend working throughout 2023. The stock bottomed in January, advanced to the 140 area and hit resistance here in March-April (thick red line). The... READ MORE
There have recently been a lot of depressing stories concerning the state of the Chinese economy. Here are a spattering of headlines that appeared just today: * China's Economic Recovery Weakens as Growth Concerns Linger (WSJ) * China Manufacturing Keeps Shrinking, Weighing on Economic Recovery (Bloomberg) * More Stimulus "Desperately... READ MORE
In this episode of StockCharts TV'sThe Final Bar, Dave breaks down a heavy earnings week featuring AAPL, AMZN, COIN, PYPL, COP, and others. Will this week illustrate the rotation from growth sectors like technology to value sectors like energy and materials? Dave also answers viewer questions on chart... READ MORE
Headline over the weekend: "GM, Other Big Automakers Form EV Charging Joint Venture" Tesla (TSLA) is the dominant player in the EV space. As such, and with its supercharger network, several car companies have teamed up with Tesla for their charging stations. To see more EV sales all... READ MORE
This is the second video in a multi-part educational series from Tyler Wood, CMT and Alex Cole, co-founders of GoNoGo Charts®. In this part, Alex and Tyler expand upon the concept of a rules-based approach to trend identification. This video offers real-time examples of trend-following... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl starts the program with an in-depth review of the "Magnificent 7" + Tesla (TSLA). These mega-cap stocks help us determine the temperature of the major indexes, and bias assessment suggests weakness under the surface in... READ MORE
In this episode of StockCharts TV's Sector Spotlight, on this last day of July, I look at the expected seasonal patterns for the coming month of August and examine whether the current sector rotation, as seen on the Relative Rotation Graphs for any of the sectors, lines up... READ MORE
After closing with gains for four weeks in a row, the markets finally took a breather on the expected lines. In the previous weekly technical note, it was mentioned that the formation of a Shooting Star on candles has the potential to temporarily halt the present rally. Since then, the... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews how to trade stocks that have gapped up into a base breakout after reporting positive earnings results. She also shares which areas are poised to trade higher as the markets reset following Thursday's downside reversal.... READ MORE
For the weekend, we invite you to listen to Mish's live coaching session, for Complete Trader members only. During the 45-minute session, you will hear and see: 1. The Indices, along with Calendar Ranges and Momentum Indicators 2. The Economic Modern Family in 2 timeframes 3. The... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson shows you 5 of his favorite, must-know ways to get more value of the StockCharts feature set. He'll show you how to create your own custom chart templates with ChartStyles, discuss the importance... READ MORE
In this episode of StockCharts TV'sThe Final Bar, Dave shares the ten charts he'll be watching as we continue into the seasonally weakest part of the year. Will the mega-cap growth trade falter, putting downside pressure on the S&P 500 and Nasdaq? StockCharts... READ MORE
KEY TAKEAWAYS * The stock market ended on a positive note in spite of a hiccup * Strong earnings and softer PCE helped push the stock market higher * Volatility showed some erratic movement but settled down at the end of the week "Bearish engulfing pattern," "outside day," "... READ MORE
The market overall is strong, but it's getting to a point where we should be on the look out for a pullback. And then we had Thursday, where the market started out strong with a gap up, but it proved a fake out and sold off hard for... READ MORE
In this week's edition of Trading Simplified, Dave continues to show the methodology in action, presenting a new mystery chart, revealing an old one, and conducting a walk-through on a recent big winner that paid off twice. He then continues his series on Jesse Livermore. This week,... READ MORE
NYSE ADVANCE-DECLINE LINE BREAKS OUT... Stocks gained more ground this week to continue their uptrend. What's helping keep the rally going is the fact that more individual stocks are joining the uptrend. Chart 1 shows the NYSE Advance-Decline line rising above several previous peaks to the... READ MORE
In this episode of StockCharts TV'sThe Final Bar, guest host Mary Ellen McGonagle (MEM Investment Research) gives an insightful market recap and assesses the potential impact of rising interest rates on growth stocks. She also shares the effects of the earnings reports for Meta Platforms (META), Ebay (EBAY)... READ MORE
In this edition of the GoNoGo Charts show, Tyler and Alex take a top-down approach looking at the markets in terms of trend, momentum, volume, and volatility. Starting with the major asset classes and the macro factors, they look at treasuries, the dollar, gold, oil, and even emerging market... READ MORE
On Wednesday, the SPDR Gold Shares ETF (GLD) 20-day EMA crossed up through the 50-day EMA, generating an IT Trend Model BUY Signal. This means that GLD is bullish in the intermediate-term. GLD was already in a long-term bull market when, in January, the 50-day... READ MORE
KEY TAKEAWAYS * Comcast stock gapped higher on strong earnings * The stock has several resistance levels to overcome before reaching its all-time high * The 21-day exponential moving average could be the stock's first support level Movies and streaming videos—they're here to stay, at least... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains how to locate strong buy and sell zone areas. He shows how shorter timeframes can be used to help with the timing once a stock reaches a buy or sell zone. He covers the DJIA, ETH,... READ MORE
After the Fed meeting, we thought it would be useful to see the July calendar ranges and give you a brief lesson in how to use them. Who is this for? The price levels defined by this trading method have proven to be insightful in all markets. Longer-term investors... READ MORE
KEY TAKEAWAYS * Fed raised interest rates 25 basis points but didn't indicate if this would be the last rate hike * The Dow Jones Industrial Average came off its high but managed to close higher for its 13-day win streak * There wasn't much reaction in the... READ MORE
In this episode of StockCharts TV'sThe Final Bar, special guest host Joe Rabil (Rabil Stock Research) dives into the highs and lows of the markets after today's Fed announcement. Afterwards, he demonstrates how to use the ADX indicator to help find the start and end points... READ MORE
KEY TAKEAWAYS * Industrials sector XLI broke to new highs and is on a strong rotational path on the Relative Rotation Graph * Within the sector the groups "Commercial Vehicles & Trucks" and "Trucking" stand out * These groups are taking over from Airlines and Construction which have been... READ MORE
For today, I used ChatGPT to ask which companies store raw materials. After all, you cannot have capital investing in infrastructure without raw materials. You cannot have geopolitical issues without concerns about oil and energy. You cannot have weather issues without worrying about supply and supply chain. How do we... READ MORE
Last April, I wrote about the SVB (SVIB) banking crisis, using the KBW Regional Banking Index ($KRX) as a proxy, and suggested the price action in the right hand part of Chart 1 had the potential to be a double bottom formation. Double bottoms are characterized by heavy activity on... READ MORE
In this episode of StockCharts TV'sThe Final Bar, guest host Tom Bowley discusses how, though sector rotation is displaying a slight shift towards bullish sentiments, things have still been rough. Acknowledging the recent rough patch in the market, Tom believes that market manipulation through options expiration might be... READ MORE