In this edition of the GoNoGo Charts show, Alex and Tyler discuss newly sprouting "Go" trends on an absolute and relative basis, across a wide variety of styles and sectors. This video was originally recorded on July 13, 2023. Click this linkto watch on YouTube. Learn more about... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains when a crossover signal is timely and when it is not. He also discusses what the crossover is actually telling us, using recent examples to help understand these critical points. Joe then analyses the symbols requests... READ MORE
In this episode of StockCharts TV'sThe Final Bar, guest Dave Landry, MBA of DaveLandry.com gives us 3 of the most common behavioral pitfalls that traders make. Host David Keller, CMT explores what leadership themes we can uncover after the major moves in today's market and... READ MORE
For today's daily, have a listen to Mish on Real Vision with Ash Bennington as they cover: * CPI Inflation and market reaction * What's going on in the Russell and Nasdaq * How the Fed will respond * Bonds * Metals * Inflation For more detailed trading information about our blended... READ MORE
KEY TAKEAWAYS * JP Morgan Chase is the leader of the pack and could see more upside * If Wells Fargo beats earnings estimates, the stock may leave its choppy stock price movement behind * Citigroup, the laggard, may need more than an earnings beat to push the stock higher Bank earnings hold... READ MORE
In this week's edition of Trading Simplified, Dave takes a break from his Jesse Livermore series to show his methodology in action. Patience is one of the biggest secrets to successful trading. Great trends don't come along every day, so when they do, you have to... READ MORE
On the heels of the CPI report, out first thing July 12th, and because of El Niño, West Africa expects to see lower average rainfall and higher. West Africa is the main cocoa grower. The growing season began last October and ends this September. That means already damaged cocoa crops... READ MORE
In this episode of StockCharts TV'sThe Final Bar, guest John Lewis of Dorsey Wright Money Management shares how his point & figure chart indicates upside potential for the Russell 2000 index. Host David Keller, CMT speaks to renewed strength in crude oil, energy stocks, NE, ROKU, and COIN.... READ MORE
In this week's edition of StockCharts TV'sHalftime, after sharing his take on current market news and headline events, Pete dives into the charts. Starting with the health of the broader market, he then covers the sectors before moving into his "strong stocks" screener. This... READ MORE
Technology has shown leadership on the way up, but will it show it on the way down? In this week's edition of The DecisionPoint Trading Room, Carl looks at the internals and a large double-top that is forming, while Erin covers the sectors in depth. They finish... READ MORE
In this episode of StockCharts TV'sThe Final Bar, Dave highlights top performers in the industrial sector and tracks the renewed rally in Bitcoin after news of a $125K price target. He answers viewer questions on trailing stop indicators, exhaustion gaps, and support and resistance zones. This video was... READ MORE
Admittedly it is early, very early to make a pronouncement that a double-top is "in", but we do have a second top and it could be THE top. We've annotated the prior long-term top from 2021. Technology's bear market began in earnest... READ MORE
I have been bearish on the primary trend of commodities for some time whilst still maintaining a bullish stance on their secular or very long-term trend. In other words, negative over a 9-month-to-2-year outlook, but constructive on a 10-to-20-year one. The secular... READ MORE
JP Morgan kicks off earnings season this Friday, July 14th. Goldman Sachs does not report until next week, on July 19th. That is an auspicious day for us, as the July 6-month calendar range will be established. We will be able to see how each bank and banks in... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I go over the current status of asset class rotation, noting the ongoing strength for stocks vis-a-vis other asset classes. After that, he moves to sector rotation and uses the breakdown of the sector universe into offensive, defensive,... READ MORE
Every quarterly earnings season, we hear the same thing on CNBC and other media outlets. "Earnings are going to be rough this quarter." Blah, blah, blah. After decades of technical, fundamental, and historical research, I've concluded that the games on Wall Street are designed to thoroughly... READ MORE
In the previous weekly technical outlook, it was mentioned that the markets have attempted a strong breakout which can be termed as a major one; this week, it showed some signs of tiredness while still managing to end the week on a positive note. The markets evidently showed some signs... READ MORE
The stock market pulled back last week amid news of mixed economic data, as well as the release of notes from the Federal Reserve's latest meeting. Thursday's report from ADP that corporate hiring surged in June was the most impactful report, as it sparked an uptick... READ MORE
KEY TAKEAWAYS * Bearish momentum divergences suggest exhaustion for buyers after a long bullish phase. * The 2021 market top was marked by a bearish momentum divergence for the S&P 500. * Bearish divergences between price and RSI indicate potential downside for leading growth stocks, including AMZN and LRCX. * The S&... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews pockets of strength amid last week's pullback that signal investor's bias heading into the second half of the year. She also shares key characteristics of successful base breakouts, as well as a rules-... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson explores a unique new collection of 7 technical indicators designed to help you identify crucial support and resistance levels and more easily determine how far any security is trading from new highs or lows. You'... READ MORE
Sometimes, it's just that simple. The Economic Modern Familyhas had its share of rotation.By rotation this year, we mean that, while Semiconductors wowed, Regional Banks soured. We have looked to certain members of the Family to hold their lead and wait for the other members to catch... READ MORE
In this episode of StockCharts TV'sThe Final Bar, Dave wraps the week with a focus on a growing number of bearish momentum divergences, including on the S&P 500 index itself! He answers viewer questions on trailing stops, taking profits on strong performers, and running technical indicators... READ MORE
KEY TAKEAWAYS * The S&P 500 index is approaching its all-time highs * Investors will be closely watching big bank earnings and their impact on the broader market * Banking stocks could get a boost if banks report optimistic numbers On Thursday, the ADP jobs number came in much higher... READ MORE
On this week's edition of Moxie Indicator Minutes, TG explains that while the market is still strong out there, we just have to be patient for the right opportunities. Many stocks are flagging before they leg up. It's a fishing kind of market; buy the lows... READ MORE
KEY TAKEAWAYS * US job numbers have stirred up worries about interest rates increasing, impacting the dollar and pushing down gold and silver prices * Despite the downturn, gold and silver are showing signs of a potential comeback, given their resilience at key price levels * The bull-bear battlefield can be seen... READ MORE
ENERGY SECTOR LOOKS OVERSOLD... Energy stocks have been one of the year's weakest sectors. The daily bars in Chart 1 show the Energy SPDR (XLE) trading sideways since March and looking oversold. The XLE would need to clear its red 200-day average and falling trendline to signal... READ MORE
Mish appeared on Yahoo Finance this morning with Brad Smith and Diane King Hall as a contributor/guest host. Topics covered: * Jobs Report * Yield Curve and the Fed * Tech and AI * Earnings Season * Inflation and impact on consumers * Technical indicators to assess next market direction * China * Mother Nature * Geopolitics and... READ MORE
In this edition of the GoNoGo Charts show, Alex and Tyler take a top-down approach to analyzing the markets. As the temperature heats up, the duo look at the hottest assets, sectors and stocks. They finish by looking at multi-time frame analysis for Norwegian Cruise Lines (NCLH). This... READ MORE
In this episode of StockCharts TV'sThe Final Bar, guest Mary Ann Bartels of Sanctuary Wealth reinforces the strength of long-term secular trends contrasted with short-term deterioration for growth stocks. Meanwhile, Dave highlights one of the FAANG stocks prominently displaying the dreaded bearish momentum divergence! This video... READ MORE
KEY TAKEAWAYS * LUV stock has broken a downward sloping trendline on the weekly chart * LUV's stock price has been gaining altitude rapidly since May * LUV could be a potential buy if the stock's price holds the 200-day moving average After a busy holiday travel weekend,... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains how to go about finding wholesale opportunities. He defines what that means by explaining the difference between Good Weakness and Bad Weakness. In addition, he goes through the 4 keys to each timeframe to help us... READ MORE
The first thing I always look at are the technical conditions. For me, that's a very simple analysis of price/volume. Here's what that looks like right now on the S&P 500 and NASDAQ 100: S&P 500 ($SPX): During any uptrend, I... READ MORE
KEY TAKEAWAYS * After three quiet decades, Japanese stocks are making a comeback * The rise is powered by factors like improved company management, cheaper stock prices compared to the US, a weaker yen, and companies giving more money back to shareholders * The $64 price level is key for the MSCI Japan... READ MORE
We're about a week away from the start of Q2 earnings season, so now's the time to start doing your pre-earnings season homework. I'm not sure what that means to everyone else, but for me, it's all about evaluating relative strength.... READ MORE
In this episode of StockCharts TV'sThe Final Bar, Dave talks through potential red flags on two key growth stocks as the market uptrend pushes into the second half of the year. He answers viewer questions on tracking "smart money" behavior, navigating double top patterns and scanning... READ MORE
As the markets wake up from the holiday, they are anticipating, and worrying about, what the Fed's next move will be. In this week's edition of StockCharts TV'sHalftime, reflecting on a previous video, Pete points out that it's not what the Fed... READ MORE
There has been a notable shift in expectations concerning rate hikes going forward, as several Fed spokesmen have floated the idea of additional hikes later in the year. Rising interest rates are generally seen as a negative factor for stocks, as they increase borrowing costs for companies, lowering their profitability... READ MORE
One of the most interesting things about July in the market is the biannual reset of the 6-month calendar range. Above is a chart of the NASDAQ 100, with the January 6-month calendar range drawn in. (To clarify, it is the solid green line that goes perfectly horizontal... READ MORE
In this episode of StockCharts TV'sThe Final Bar, Part 2 of a two-part special examining the Top Ten Stocks to Watch in July 2023, Grayson Roze walks through #5-#1, including UBER, BLD, and more. This video was originally broadcast on July 4, 2023. Click on the... READ MORE