In this week's edition of The DecisionPoint Trading Room, Carl begins the trading room by explaining negative divergences between the SPY and equal-weight RSP. He also covers why DecisionPoint uses the SPY and not the SPX; the reason is dividends, which he explains in detail later in... READ MORE
Price Action Clearly, the most important aspect of the stock market is price action. That's where it all begins. Currently, I like the daily and weekly charts, but we do still have one very important price resistance level to clear: S&P 500 - Weekly: There are obvious... READ MORE
VIX rose through the week, and so did the NIFTY. Over the past five sessions, the Indian equity markets continued to inch higher, showing a lot of resilience, and ended with a modest gain over the week. Over the past several weeks, the persistently low levels of VIX have remained... READ MORE
The markets remain in a tight trading range amid mixed inflation data and a slowdown in the number of earnings being reported last week. With the bulls looking for a soft landing as the Fed pauses their rate hike campaign, the bears are fearing a more harsh recession due to... READ MORE
In the last two weeks, I've heard this market described as "frustratingly neutral", "decidedly sideways", "stuck", and my personal favorite, the "sloppy choppy" phase. So how does the market breakout of this sideways period and move into a new bullish... READ MORE
Sister Semiconductors is a character and leading sector in the Economic Modern Family.We use the ETF SMH to represent her contribution to the market, family, and economy. The cartoon you see reflects some of her Wonder Woman-like superpowers as I created the image from AI. Yes, AI. Cool,... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews ways to outperform during this tough market. In addition to sharing pockets of strength, she also highlights stocks in a position to trade higher after reporting strong earnings. Most importantly, she shares key resistance and support for... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson shows you three of the quickest, easiest, most effective ways to find strong stocks – and funds – in just a few simple clicks. Armed with the power of SCTRs – the StockCharts Technical Ranking system – you'll... READ MORE
On this week's edition of Moxie Indicator Minutes, I spoke about a turning point in the market. This week, not much has changed for the major indexes, but underneath the surface strength is not easily found. Money is hiding out in a handful of the biggest names, and... READ MORE
BAD BREADTH CONTINUES... Several recent messages have demonstrated poor stock market breadth. Unfortunately, that negative situation hasn't shown any improvement. One of the charts used to demonstrate that negative situation is repeated below. Chart 1 compares the S&P 500 Large Cap Index (black bars) to the... READ MORE
Chartists looking for momentum leaders should consider more than one timeframe. A stock may be leading over the last 200 days, but lagging over the last 100 days. Similarly, a stock could show big gains the last 100 days, but still be down over the last 200 days. Measuring performance... READ MORE
When inflation is a huge concern, you'd think the stock market would celebrate in a big way when inflation shows signs of cooling. Not so much. April consumer price index (CPI) and producer price index (PPI) data came close to estimates. Headline CPI rose 0.4% in April... READ MORE
Today, I am including a clip that covers currency pairs and several commodities. The four-chart screen is a daily screenshot of gold (GLD), sugar (continuous contract), the US dollar to the Euro (USDEUR) and platinum continuous contract (PLAT). Gold is falling from its recent highs. Sugar has run into... READ MORE
Legendary investor Peter Lynch told the world to "own what you know" – meaning use the products and services of companies in the equity market. The Top-Down approach to market analysis yielded some interesting idea generation today. In this edition of the GoNoGo Charts show, using GoNoGo Charts... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe discusses the 3 criteria he uses when evaluating a pullback trade to determine whether to buy. He shows how to evaluate the higher timeframe, then the lower timeframe for key criteria. If both are met, Joe explains... READ MORE
I was honored to spend time on Making Money with Charles Payne, which airs on Fox Business, and give a brief glimpse into why I'm not as bearish right now based on the macro. (link below) My macro take based on business cycles and zooming out on the... READ MORE
When we talk about "participation," we are referring to the number of stocks actually taking part in a given market move. Presently, we are looking at the rally from the October lows and the indicators we use to assess it. First, we have our Silver Cross Index (SCI)... READ MORE
In this week's edition of Trading Simplified, Dave shows his methodology in action by showing a recent stock pick that he believes has tremendous potential. He then continues his series on the wisdom of Jesse Livermore. This week, he focuses on the fact that you must be patient... READ MORE
The Market Outlook for 2023was written in December 2022. I have a designated radar screen for all the predictions and stock picks. The picks especially remain a focus for short-term and longer-term trades, depending on market conditions. In December, I wrote, "This stock, Tetra Tech (TTEK) made... READ MORE
Chevron's (CVX) technical health could be in better shape according to numerous indicators best summed up by the StockCharts Technical Rank (STCR)score. Talking about underwhelming performance, CVX is clearly in decline. But a decline from where and to what? (A better question, perhaps). CVX is declining from... READ MORE
After looking at the Sector Rotation Model, Seasonality, and Monthly charts in recent episodes, it is time for an assessment of current market rotation again. In this week's edition of StockCharts TV's Sector Spotlight, I take a look at the rotations for asset classes on weekly... READ MORE
Running scans as part of your daily trading routine can reveal surprising trading candidates. Alphabet, Inc. stock is well-loved among investors and a massive component of the S&P 500 index. But GOOGL has struggled. Will it break through a critical resistance level? After running a scan identifying... READ MORE
The other day, I was looking at the charts of stocks, bonds, and gold and remembered that the lows of 1982 were preceded by a similar setup to what we see today. History rarely repeats exactly, and there are many differences between now and then. Still, I think it'... READ MORE
We've noticed that depending on what index you're in, price is holding up or not. The SP500 (SPY) (pink solid line) tested February highs, but the SP600 has been angling lower. Today we saw disparity again as the SPY was up slightly while SP600 (IJR) was... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl opens by discussing two groups of stocks that you should avoid in the near future. He gives his take on the overall market, Gold, Bonds and more. Erin takes a look "under the hood" of the... READ MORE
I am back from 2 weeks of whirlwind travel and presenting at both the Money Show in Las Vegas and Charting Forward at StockCharts.com. I thank Geoff Bysshe, the President of MarketGauge.com for filling in for me. After the market has absorbed bank crises, debt ceiling talk, the... READ MORE
In this week's edition of StockCharts TV'sHalftime, Pete takes a look at the number of stocks have turned bullish versus the number of stocks that have turned bearish. Pete wants to see what's happening under the surface of the markets, keeping an eye out... READ MORE
Today, I've got a handful of bullish stock charts for your ChartLists next week, the importance of which begins with the above table. You can find this Sector Summary table updated daily at www.marketgauge.com/sectors. If you were watching the market last week, it probably didn&... READ MORE
In the previous week's technical note, we discussed the persistently low levels of INDIAVIX, the volatility gauge, and how it can leave the markets vulnerable to profit-taking bouts. The week that went by saw the first cracks appearing in the frontline indexes, which may have put an... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the broader markets to determine where we may be headed over the near term. She also explores the bottom fishing taking place among former leaders that have sold off sharply but are now reporting strong earnings. This... READ MORE
While the S&P 500 struggles to push beyond its overhead resistance in the area around 4200, money is rotating out of offensive sectors into defensive AND sensitive. On the weekly chart, two trading ranges are starting to emerge. The first one is the more narrow one, between roughly... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson reaches back into his bag of StockCharts tips and tricks to show you how to track entry points, stop levels and price targets directly on your charts. These simple yet powerful tools will greatly enhance your... READ MORE
BONDS YIELDS VS. THE NASDAQ...The direction of bond yields has had an impact on various intermarket relationships. One of the them is the Nasdaq market. The main point of Chart 1 is to show that falling bond yields have been good for the Nasdaq market so far this year.... READ MORE
On this week's edition of Moxie Indicator Minutes, TG takes you inside the Moxie Indicator trading room to show you how he's been navigating this week of large up and down moves. It has been a fun and interesting several days as the market twists itself... READ MORE
Today's daily features two videos that Mish recorded in the studio at StockCharts.com HQ! The first video is Mish's appearance on today's episode of Your Daily Five.In this video, Mish explains why Grandma Retail (XRT) may become our new leading indicator. In... READ MORE
The rangebound nature of equity indices is a dangerous environment for passive investment vehicles and closet indexers. In this edition of the GoNoGo Charts show, using a top-down approach to their analysis, Alex and Tyler show there are leaders and laggards in each and every sector group, including Financials... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains the difference between a broken pattern vs a shakeout. Shakeouts are a good opportunity to buy after "weak" holders have been shaken out of the pattern. Joe shows how to monitor the price structure... READ MORE
The real reaction to today's Fed meeting is likely to happen tomorrow. All eyes and ears were on Chairman Powell today. Most notable was how he and the markets were clearly uncomfortable with the press conference, but it was not until it was finished that the markets all... READ MORE
In this week's edition of Trading Simplified, Dave continues his series on "The Wisdom of Jesse Livermore", starting by discussing the fact that one of Livermore's blow-ups stemmed from not realizing how the game had changed. Dave also covered many other lessons such... READ MORE
Today was Fed Decision Day, and investors were disappointed. No definite pause in interest rate hikes, but maybe just a little hint. As expected, the Fed raised interest rates by 25 basis points. This brings interest rates to the 5.0%-to-5.25% range. The last time rates were... READ MORE