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Top 10 Performing Industry Groups In Q4: Recap of 2022

Top 10 Performing Industry Groups In Q4: Recap of 2022

If you're looking for stocks that are momentum gainers, the best place to start is to find the leading industry groups.  So which sectors were strong in 2022? The first step is to identify the strong and/or strengthening industry groups. I keep an industry group relative strength...   READ MORE 

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Is This Stock Setting Up As the Trade Of 2023?

Is This Stock Setting Up As the Trade Of 2023?

There were times over the past few years that you probably wondered if Boeing (BA) would ever recover from its own miscues and the COVID-19 pandemic.  Well, BA and its peer group, aerospace ($DJUSAS), were literally "flying" into the end of 2022.  Check out the chart below. If...   READ MORE 

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My 2023 Stock Market Forecast

My 2023 Stock Market Forecast

First of all, happy new year!!!  I hope 2023 turns out to be a healthy and prosperous year for all! As we look back on 2022, it was anything but that.  We started the year on a very sour note and things went downhill from there - at least from...   READ MORE 

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Week Ahead: Markets May Step into New Year On A Quiet Note; Staying Above This Zone Crucial

Week Ahead: Markets May Step into New Year On A Quiet Note; Staying Above This Zone Crucial

As the session on Friday ended, we not only ended the trading week, but also the month and the year. 2022 was choppy for the equities, to say the least. The markets had to navigate the weak trends, geopolitical tensions, inflation, fear of recession, and a slew of rate hikes...   READ MORE 

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Money Is Pouring Into These 3 Industries Right Now

Money Is Pouring Into These 3 Industries Right Now

I've been watching critical areas like semiconductors ($DJUSSC), software ($DJUSSW), and internet ($DJUSNS) underperform vs. the S&P 500 throughout 2022.  But the good news is that, since June, money rotating out of the three aforementioned aggressive sectors is finding a home in other industry groups.  That&...   READ MORE 

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Top 5 New Features And Chart Enhancements In ACP

Top 5 New Features And Chart Enhancements In ACP

On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson's digging into more new features that just rolled out across the site, highlighting his top 5 favorites that have been added to ACP. He'll cover the new annotation features, indicator actions, right-click...   READ MORE 

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Looking Back at The Biggest Rotation of 2022

Looking Back at The Biggest Rotation of 2022

I have been quiet on the video and blog side of things over the past weeks. Still, just before you pop the champagne for a grand New Year's eve celebration, I want to take the opportunity to look back at maybe the most important or dominant rotation that...   READ MORE 

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STOCKS END WEAK DECEMBER UNDER PRESSURE: NASDAQ HAS REACHED ITS AUTUMN LOW; SECTOR RANKING REMAINS DEFENSIVE

STOCKS END WEAK DECEMBER UNDER PRESSURE: NASDAQ HAS REACHED ITS AUTUMN LOW; SECTOR RANKING REMAINS DEFENSIVE

STOCKS END YEAR UNDER PRESSURE... Little has changed since the last message written a couple of weeks ago. At that point, major stock indexes had failed a test of overhead resistance levels and were starting to weaken. They've weakened even further since then. Chart 1 shows the Dow...   READ MORE 

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Top 5 New Year's Resolutions Every Stock Trader Should Make

Top 5 New Year's Resolutions Every Stock Trader Should Make

As the year ends, it's time to think about your New Year's resolutions. But how can you make them last longer than a few weeks? Here's one approach traders and investors can try. The ball has dropped, the champagne has popped, and you'...   READ MORE 

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Put/Call Ratio is Telling Bears to Watch Out!

Put/Call Ratio is Telling Bears to Watch Out!

If you're tuned in to the financial media, you may have heard that the put/call ratio is at an extreme. I don't usually pay a lot of attention to this indicator, as it's hard to interpret, but when I looked at it this...   READ MORE 

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This Is The Chart To Watch

This Is The Chart To Watch

According to Fidelity.com, Apple, Inc. (AAPL) represents 12.95% and 6.51% of the QQQ and SPY, respectively.  The QQQ and SPY are exchange-traded funds that track the NASDAQ 100 and S&P 500 Index respectively. That's a very large weighting, so it would seem to...   READ MORE 

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Weekend Daily: Tips for Trading Profitably in a Bear Market

Weekend Daily: Tips for Trading Profitably in a Bear Market

Many investors have had a rough year. 2022 has been characterized by turbulence in financial markets. The Nasdaq Composite, S&P 500 Index, and Russell 2000 are all in bear market territory, while the Dow Jones is the only U.S. index down less than 10% YTD. The performance...   READ MORE 

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Week Ahead: NIFTY Drags Its Resistance Lower; Watch PSE, Energy Along With These Sectors For Resilience

Week Ahead: NIFTY Drags Its Resistance Lower; Watch PSE, Energy Along With These Sectors For Resilience

Over the past few days, the levels of 18600 on NIFTY have assumed a lot of importance as the index had staged a breakout above this point but ended up slipping below this level following a full throwback. In the previous editions of weekly technical notes, it has been mentioned...   READ MORE 

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My Worst Call of the Year

My Worst Call of the Year

When I worked on the institutional buyside, we had the opportunity to hear from lots of brokers, strategists, and analysts in the industry. And I was thrilled to have some of the top technical analysts around coming through to talk charts with us. One of my favorite questions to ask...   READ MORE 

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MEM TV: Market Outlook Into the New Year

MEM TV: Market Outlook Into the New Year

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews some of the key events driving price action as we head into the New Year. She also highlights the impact of last week's rise in interest rates, as well as key areas of support for...   READ MORE 

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Will Santa Show Up on Wall Street? He Just Might.

Will Santa Show Up on Wall Street? He Just Might.

Warning! Inclement weather at the North Pole might impact Santa's trip to Wall Street. As the end of the year approaches, you're likely to hear the term 'Santa Claus rally" come up often. But what exactly is it, and how can traders and investors...   READ MORE 

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Top 5 Charts Every Trader Needs to Watch in 2023

Top 5 Charts Every Trader Needs to Watch in 2023

What will the stock market look like in 2023? It's hard to tell, but these five charts could elevate your market awareness by a few notches. Forecasting stock price movement is never easy, not even for the most experienced stock investor. As an investor or trader, the closest...   READ MORE 

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Crude Oil (USO) Garners PMO BUY Signal - 20+ Bonds (TLT) Triggers PMO SELL Signal

Crude Oil (USO) Garners PMO BUY Signal - 20+ Bonds (TLT) Triggers PMO SELL Signal

Reminder: Prices go up for new DecisionPoint.com subscriptions in January. Details are below the article. Crude Oil has been in a short-term declining trend since the beginning of November. Big picture, it is in a large trading range. After spending so much time being beat down, crude is finally...   READ MORE 

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Mish's Daily: Sister Semiconductors—A Gauge of High-Tech Industries

Mish's Daily: Sister Semiconductors—A Gauge of High-Tech Industries

Even the biggest Grinches on Wall Street might need to rethink their outlook for the final trading days of 2023, as U.S. stocks rallied on surprising consumer confidence numbers and strong earnings from Nike (NKE) and FedEx (FDX). This is cause for some holiday cheer, signaling that good financial...   READ MORE 

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Investor Lessons from the World Cup in Qatar

Investor Lessons from the World Cup in Qatar

Excellence that we investors can learn from and utilize in our trades is all around us. I encourage you to harness that energy. Here's how to use it to motivate yourself to become better as a trader and investor. As I watched the World Cup Soccer matches in...   READ MORE 

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Mish's Daily: Don't Miss Out on the Next Gold Rush

Mish's Daily: Don't Miss Out on the Next Gold Rush

Gold always has been and will always be a controversial asset within investment circles. Its proponents can't agree on why it deserves a place in portfolios or how much to allocate to gold in various risk-based portfolio models. But gold can be used as insurance against macroeconomic tail...   READ MORE 

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Mish's Daily: Is the Santa Claus Rally Over?

Mish's Daily: Is the Santa Claus Rally Over?

Bond prices plummeted, yields increased, and U.S. indexes fell again Monday. The major U.S. indexes have fallen for the past two weeks, and, on Monday, most markets closed near their lows. The S&P 500 Index, represented by the SPDR S&P 500 ETF (SPY) above,...   READ MORE 

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Santa Comes Up Empty-Handed

Santa Comes Up Empty-Handed

Statistically speaking, the last half of December is the best seasonal period of the year, part of which serves as what is popularly known as the Santa Claus rally. The first half of the month also has a slight edge to the upside, though that has not worked out so...   READ MORE 

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DP Trading Room: Silver Cross Index Warning Signals

DP Trading Room: Silver Cross Index Warning Signals

On this week's edition of The DecisionPoint Trading Room, Carl reignites his discussion on watershed events, showing us how the Hunt Brothers' attempt to corner the market in Silver also raised Gold prices to historic levels. Of course, we know how this ended... not well for investors...   READ MORE 

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The Halftime Show: Yet Another Sell-Off

The Halftime Show: Yet Another Sell-Off

Coming to the end of the year on this week's edition of StockCharts TV'sHalftime (presented by Chaikin Analytics), Pete's focus is primarily on the market and the mechanics of the market in general. Another sell off is in progress today, as the indices and...   READ MORE 

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Will This Major Support Level Hold?

Will This Major Support Level Hold?

Semiconductors hold the key to a major market advance, in my opinion, as they're a critical part of the NASDAQ 100 ($NDX).  There are 16 semiconductor companies in the NDX, including NVIDIA (NVDA), Advanced Micro Devices (AMD), Texas Instruments (TXN), Applied Materials (AMAT), QUALCOMM, Inc. (QCOM), and Intel...   READ MORE 

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Small Cap Stocks: Is This Group Friend or Foe?

Small Cap Stocks: Is This Group Friend or Foe?

Since the S&P 500  Index ($SPX) broke out above price resistance that was established in 2000 and 2007, the secular bull market rally has been led by the Nasdaq 100's influence.  If you compare relative performance (to the benchmark S&P 500 Index), small caps...   READ MORE 

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The Markets Are Oversold : Will This Provide a Window For Santa?

The Markets Are Oversold : Will This Provide a Window For Santa?

Statistics show that December has the highest probability of a positive return over every other month of the year, and by a fair margin. Using data from 1926 to 2020, the odds of a positive return for U.S. large-cap stocks are 77.9%. However, the markets will have some...   READ MORE 

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Weekend Daily: Wall Street Banks Favored Over Main Street's Regional Banks

Weekend Daily: Wall Street Banks Favored Over Main Street's Regional Banks

The SPDR S&P Regional Banking ETF (KRE) is a key member of Mish's Modern Family. Why? Because KRE measures the health the U.S. financial system and the overall economic activity of rural America. Regional banks have performed relatively well compared to larger, more prominent banking...   READ MORE 

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MEM TV: S&P 500 Breaks Key Support!

MEM TV: S&P 500 Breaks Key Support!

In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews where the next area of possible support is for the markets, as well as what to be on the lookout for going into next week's normally bullish period. She also highlights price action in Value...   READ MORE 

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The End of Another Bear Market Rally?

The End of Another Bear Market Rally?

Charts give you a window into the collective psychological state of investors. Are people excited or panicky? Euphoric or despondent? Optimistic or pessimistic? All of that is embedded in price action if you know how to analyze the trends. As the market rallied strongly off the October lows, fueled by...   READ MORE 

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How to Benefit From a Two-Stock Wrecking Ball

How to Benefit From a Two-Stock Wrecking Ball

The Relative Rotation Graph above shows an intriguing picture. Opposite Rotations Last week in Sector Spotlight, I discussed the opposite rotations for XLY and its equal-weight counterpart RSP vs. their respective benchmarks (SPY and RSP). When you bring up the Relative Rotation Graphs for cap-weighted S&P sectors alongside...   READ MORE 

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Has the Market Priced in All the Bad News?

Has the Market Priced in All the Bad News?

In this week's edition of Moxie Indicator Minutes, TG shares how there are two narratives out there for the future direction of the market, discussing both of them. Which one is true is what we are all debating and what the market is also trying to figure out....   READ MORE 

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It's Like Déjà Vu, All Over Again for SPY

It's Like Déjà Vu, All Over Again for SPY

The SPDR S&P 500 exchange-traded fund (SPY) surged from mid-October to early December, but this advance was considered a counter-trend bounce within a bigger downtrend. And this week, SPY reversed its short-term uptrend and the bearish technical setup was similar to the last two reversals. First and foremost,...   READ MORE 

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GNG TV: US Equity "Go" Trend Wobbles

GNG TV: US Equity "Go" Trend Wobbles

In this week's edition of the GoNoGo Charts show, Alex and Tyler review markets following the recent 50-basis-point hike from Fed Chairman Jerome Powell. While the relief rally in the S&P 500 has retained its "Go" trend conditions, early warning signs from GoNoGo Oscillator...   READ MORE 

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Using MACD to Pinpoint Reversals

Using MACD to Pinpoint Reversals

On this week's edition of Stock Talk with Joe Rabil, Joe shows how to use MACD to look for reversal signals. By using two timeframes, an investor can identify when momentum is shifting in one of them. Then, you can use the lower timeframe to point the timing....   READ MORE 

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Stocks Fall Sharply at Key Resistance Levels: Year End Rally May Have Run Its Course

Stocks Fall Sharply at Key Resistance Levels: Year End Rally May Have Run Its Course

STOCK INDEXES ARE FAILING AT OVERHEAD RESISTANCE LEVELS... The year-end stock market rally appears to have run its course. A more hawkish Fed on Wednesday suggesting that rates will be higher for longer started the stock selling. This mornings's economic reports for November showed a drop in retail...   READ MORE 

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Short-Term Traders: Beware of This Flaw In Leveraged ETFs

Short-Term Traders: Beware of This Flaw In Leveraged ETFs

I've written many articles and discussed several times that it's unwise to buy and hold leveraged exchange-traded funds (ETFs) unless you're at a major support level or you catch an uptrend. Buying and holding through volatile periods results in erosion. In other words, if...   READ MORE 

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Here's A Chart That's Flashing a Major Buy Signal During This Selloff

Here's A Chart That's Flashing a Major Buy Signal During This Selloff

You've probably heard the adage, "Don't judge a book by its cover?"  Well, it's tempting to say that when you look at the possible Fed-induced selloff in the stock market. While we're seeing a lot of negativity, let's...   READ MORE 

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The January Effect: Will Small-Cap Stocks Outperform Large Caps?

The January Effect: Will Small-Cap Stocks Outperform Large Caps?

You've probably heard of the January effect—that is, when small-cap stocks show strong performance during the first trading month of the year. But don't let it throw you off; it doesn't necessarily mean you'll see the action in January. According to...   READ MORE