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Using MACD to Pinpoint Reversals
by Joe Rabil,
President, Rabil Stock Research
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....
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Stocks Fall Sharply at Key Resistance Levels: Year End Rally May Have Run Its Course
by John Murphy,
Chief Technical Analyst, StockCharts.com
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...
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Short-Term Traders: Beware of This Flaw In Leveraged ETFs
by Tom Bowley,
Chief Market Strategist, EarningsBeats.com
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...
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Here's A Chart That's Flashing a Major Buy Signal During This Selloff
by Tom Bowley,
Chief Market Strategist, EarningsBeats.com
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...
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The January Effect: Will Small-Cap Stocks Outperform Large Caps?
by Jayanthi Gopalakrishnan,
Director of Site Content, StockCharts.com
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...
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Mish's Daily: The Battle Against Inflation May Have Only Just Begun
The Federal Reserve hiked interest rates by 50 basis points, as the market was expecting. Major U.S. indices turned red on the news with a modest day of losses. The SPDR Dow Jones Industrial Average ETF (DIA) closed in negative territory, but stayed above its 50- and 200-day moving...
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Mish's Daily: Grandpa Russell Might Be Running Into Trouble
While we follow the Fed announcement tomorrow, we'll closely watch Grandpa Russell's (IWM) reaction.
As the patriarch in charge of Mish's Modern Family, it's a good idea to meticulously monitor Grandpa Russell's pricing daily and weekly. IWM is also the...
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Sector Spotlight: Stealth Sector Rotation for XLY
by Julius de Kempenaer,
Senior Technical Analyst, StockCharts.com
In this episode of StockCharts TV's Sector Spotlight, I present a thorough review of the current state of sector rotation in the US market. Materials and Industrials are showing strong tails on the Relative Rotation Graph, but the most interesting -- Under The Hood Rotation -- is showing...
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The Business Cycle Is Poised for a Stage 1 Signal
by Martin Pring,
President, Pring Research
One of my favorite chart lists is one called Interasset Ratios. As the name implies, it contains a library of charts that plot various long-term relationships between asset classes, such as the stock/bond ratio, bond/commodity relationship, and so forth. It's not something you want to focus...
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Mish's Daily: How to Trade a Golden Cross in a Bear Market
Investors will watch closely tomorrow, as the Consumer Price Index (CPI) print is released, and Wednesday, when the Fed announces its latest rate hike. The expectation is for CPI to be lower and for the Fed to raise interest rates a half-percentage point.
The Dow Jones Industrial Average (represented above...
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Two Index ETFs with Rising Momentum
by Erin Swenlin,
Vice President, DecisionPoint.com
We were somewhat surprised today when we reviewed the index ETFs. Two ETFs actually show rising momentum. Don't get too excited, there are problems on both of their charts. For comparison, SP500 (SPY), Dow (DIA), Nasdaq 100 (QQQ), SP100 (OEX) and Nasdaq (COMPQ) all have negative momentum and...
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DP Trading Room: Watershed Events in Gold & Crypto
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl answers the question: "How do we find overbought/oversold levels on the PMO?". Both he and Erin discuss rounded tops found throughout the market. Additionally, they talk the importance of knowing the trend and condition of...
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The Halftime Show: Trend Changes and Buy Zones
by Pete Carmasino,
Chief Market Strategist, Chaikin Analytics
Right now, the markets are green across the screen, but on this week's edition of StockCharts TV'sHalftime (presented by Chaikin Analytics), Pete urges caution due to the CPI coming out tomorrow. Pete takes a look at trends today, including the oil market looking at a pullback...
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Keeping 2022 In Perspective Will Help You in 2023
by Tom Bowley,
Chief Market Strategist, EarningsBeats.com
At our MarketVision 2022 event on Saturday, January 8, 2022, I said stock market bulls would need patience—a lot of it—because it was going to take some time for sentiment, which was ridiculously bullish, to reset. I also said at the time that we should expect a minimum...
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Week Ahead: NIFTY Needs to Move Past This Point; Continue Focusing on These Sectors
by Milan Vaishnav,
Founder and Technical Analyst, EquityResearch.asia and ChartWizard.ae
In the previous technical note, it was categorically mentioned that it would be crucial to see if NIFTY could keep its head above 18600 levels to extend and confirm the breakout that it has attempted. However, despite a strong relative outperformance from the NIFTY Bank Index, the NIFTY has delayed...
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Grayson's Top 5 Most Valuable New Features & a Sneak Peek for Next Release!
by Grayson Roze,
Chief Strategist, StockCharts.com
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson shares his top 5 favorite new features and gives a quick sneak peek of what's coming in the next product release.
This video was originally broadcast on December 9, 2022. Click on the above...
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Weekend Daily: Mish's Modern Economic Family -- A Blueprint for Trading like a Pro
Looking at Modern Economic Family member charts and connecting the different members shows a unique market vantage point.
The Modern Family has continued to serve as a reliable indicator for market direction through the years. The Family gives you an overall gauge of how aggressive or conservative you can be...
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And That's Why We Wait for the Close
by David Keller,
President and Chief Strategist, Sierra Alpha Research
I've now been hosting our closing bell show, The Final Bar, for over three years. It's been such a fascinating experience to use my daily show as a way to focus my own analytical process, and I truly believe that hosting a show like this has...
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MEM TV: Growth Falters, But These Areas Shine
by Mary Ellen McGonagle,
President, MEM Investment Research
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews key price action ahead of next week's pivotal period of key economic data and Fed Chair comments. She also highlights pockets of strength and why these areas will remain strong into next year.
This video...
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Chop Going Into CPI and FOMC
by TG Watkins,
Director of Stocks, Simpler Trading
The market has been flagging at its highs as it seems to be awaiting more economic data from CPI and direction from the Fed at FOMC. In this week's edition of Moxie Indicator Minutes, TG explains how he can see the case for both bullish and bearish outcomes,...
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STOCK INDEXES STRUGGLE BELOW RESISTANCE LEVELS --YEAREND RALLY IS RUNNING OUT OF TIME -- WHY FALLING COMMODITIES ARE A BAD SIGN
by John Murphy,
Chief Technical Analyst, StockCharts.com
STOCK INDEXES CONTINUE TO STRUGGLE WITH OVERHEAD RESISTANCE... The expected yearend rally has taken major stock indexes up against some formidable overhead resistance barriers. So far, the rally hasn't been enough to reverse the market's major downtrend. While seasonal trends are usually favorable during the fourth...
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GNG TV: Markets Try to Rally Into End of Week
by Alex Cole,
Co-founder, GoNoGo Charts®
In this week's edition of the GoNoGo Charts show, following a heavy day earlier in the week, Alex looks at how the U.S. Equity markets seem to have found support. He walks through charts over multiple timeframes of several macro factors that impact risk assets such as...
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Using ADX to Trend Trade
by Joe Rabil,
President, Rabil Stock Research
On this week's edition of Stock Talk with Joe Rabil, Joe explains how to use ADX to identify the best periods to play trend trades. This can be used for swing trades or position trades. By using ADX, we can avoid the noisy periods and improve our chances...
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Stock Market View: Look Beyond The Length of Your Nose!
by Julius de Kempenaer,
Senior Technical Analyst, StockCharts.com
EUR/USD Under Pressure From Long-Term Resistance
The EUR/USD ($EURUSD) relationship has been under pressure since late 2021, when a peak was set at 1.2350. In a steady downtrend, EUR/USD declined to a recent low of 0.9540. During this decline, a significant support level around 1....
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Top 5 Reasons You Need to Use the Stock Trader's Almanac
by Jayanthi Gopalakrishnan,
Director of Site Content, StockCharts.com
As 2022 comes to a close, it's time to start thinking about next year's investment and trading roadmap.
It happens every year, and this year is no different. The end of the year, among other things, is a time for reflection and thinking about the following...
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Mish's Daily: Small Caps vs. Large Caps -- Who Is Leading?
Clearly, large-cap stocks have been leading, with the Dow Jones Industrial Average ($INDU) down the least year-to-date. Yet, even though the selling pressure has been constant, trading volume has been anemic.
The iShares Russell 200 ETF (IWM) normally trades approximately 27 million shares on average daily and traded approximately 17...
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Is Your Trading Stuck in "The Maze"?
by Dave Landry,
Founder, Sentive Trading, LLC
Traders often get stuck in "the maze," trading in lackluster markets or pick mediocre setups. They might also trade for excitement, not honor their stops, micromanage themselves soon-to-be great setups, and a host of other bad behaviors. In this week's edition of Trading Simplified, Dave begins...
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Mish's Daily: Real Motion Trading -- Forecasting Reversal Patterns
The S&P 500, Dow Jones Industrial Average, and Nasdaq all traded lower on Tuesday. Despite the intense two days of selling, we have yet to see any technical criteria suggesting a crash is imminent. Our Real Motion Trading Indicator above displays downward moderated momentum and forecasted a stalled...
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Why Some Make Stock Market Forecasts
by Greg Morris,
Veteran Technical Analyst, Investor, and Author
Why are there entire businesses set up to make stock market forecasts? The answer is quite simple; forecasting exists because there is a giant market for it. Investors/traders thirst for forecasts. Here is the real question; why do investors want to hear/read forecasts?
Those who have knowledge don&...
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Sector Spotlight: USD Index Resting on Major Support
by Julius de Kempenaer,
Senior Technical Analyst, StockCharts.com
In this episode of StockCharts TV's Sector Spotlight, on this first Tuesday of the month, I address the trends for asset classes and sectors on the monthly charts. There is no clear trend for "the market" -- only one sector is in an uptrend, while five...
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Is Gold a Buy or a Sell?
by Martin Pring,
President, Pring Research
The price of gold has been on a tear recently, bouncing sharply from its October low. It could be a good time to see whether this is the start of a new bull market or just a flash in the pan. Let's begin with the big picture and...
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Mish's Daily: This Commodity Will Sweeten Your Returns
If you're looking to invest in a commodity with high trading potential, sugar has seen significant price fluctuations in recent years.
Sugar prices have been rising due to increased demand in countries like China and India, which is likely to continue. Many factors affect the global sugar market,...
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DP Trading Room: Overbought/Oversold Momentum
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl answers the question: "How do we find overbought/oversold levels on the PMO?". Both he and Erin discuss rounded tops found throughout the market. Additionally, they talk the importance of knowing the trend and condition of...
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The Halftime Show: It's a Mixed Bag of Performers
by Pete Carmasino,
Chief Market Strategist, Chaikin Analytics
On this week's edition of StockCharts TV'sHalftime, presented by Chaikin Analytics, Pete notes that it's a bit of an ugly market today. The Dow is down over 400 points, the Nasdaq is down about 1.5%, and the Russell is down 2.4%. It...
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December Historical Tendencies Tell Us This Could Be a Stock Picker's Month
by Tom Bowley,
Chief Market Strategist, EarningsBeats.com
There's a great debate as to whether we've seen the market bottom. I'm firmly in the camp of "YES, we've seen it." I called a bottom in mid-June and, if it weren't for FedSpeak from Jackson Hole in...
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Week Ahead: These Factors Stay a Cause of Concern While Markets Try to Stage a Breakout; Stay Selective
by Milan Vaishnav,
Founder and Technical Analyst, EquityResearch.asia and ChartWizard.ae
The week that went by saw the markets trading very much on the analyzed lines. It was mentioned that if the NIFTY can keep its head above 18300–18400 levels, there were chances of it testing its lifetime high point of 18604 and attempting a breakout. While moving on the...
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Weekend Daily: Is Now a Good Time to Buy Silver or Gold?
While investor sentiment continues to be tugged and pulled, precious metals continue climbing.
The iShares Silver Trust (SLV) is forecast to lead gold prices higher. We like both the yellow metal and white metal. We are long in both and have taken profits along the way.
Silver ended the week...
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S&P 500 Index Crosses above 200-day SMA: Not So Fast there Cowboy
by Arthur Hill,
Chief Technical Strategist, TrendInvestorPro.com
The S&P 500 Index ($SPX) crossed its 200-day simple moving average (SMA) for the 173rd time since 2000 and the performance for this "signal" is not that great. Buying and selling the 200-day SMA cross produced a lower return than buy and hold. This cross, however,...
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These Stocks Have Been the Stars of Q3 Earnings Season—Many Are Poised to Trade Much Higher
by Mary Ellen McGonagle,
President, MEM Investment Research
Most stocks in the S&P 500 Index have reported Q3 results and, while a lower-than-average number reported above estimates, many that had positive results have gone on to trade higher in moves that still have further upside during the current bear market rally.
The biggest winners among these...
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Three Trendlines I'm Watching Next Week
by David Keller,
President and Chief Strategist, Sierra Alpha Research
In early October, market trends appeared to make sense—at least, as much as could be expected in 2022. The S&P 500 Index ($SPX) had just made a new 52-week low, the U.S. dollar had just achieved a new 52-week high, and the 10-Year Treasury yield had...
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