On this week's edition of Stock Talk with Joe Rabil, Joe shows when he would use an extra timeframe in his analysis. Usually, he discusses a 2-timeframe method, which works in most cases. However, for someone who wants to be more aggressive, Joe shows how to use 3-timeframes.... READ MORE
DOW LEADS STOCKS HIGHER... Annual inflation for October was a lower than expected reading of 7.7% which was the lowest since January. That softer reading raised hopes that inflation might be peaking and pushed stock and bond prices sharply higher. A big drop in bond yields and the dollar... READ MORE
The Consumer Price Index (CPI) report for October 2022 suggested that inflation could be cooling. This was welcome news for the stock market, given that the CPI has been steadily rising since December 2020. October CPI rose 0.4%, below the expected 0.6%, which brings the year-over-year increase to... READ MORE
Market leaders are constantly evolving and staying up to date on the newest trends, and macro events can be challenging. Looking back at previous decades of market leadership provides insight into how market leaders change over time, and the impressive cumulative returns indicate potential future market leadership gains. It may... READ MORE
On this week's edition of Trading Simplified, Dave shows his methodology in action with a freshly triggered setup--a stock that will become part of his "Next 100 Trades" segment. Dave then goes on to discuss how, while the best time to learn about avoiding bear markets... READ MORE
When it comes to Wall Street, is it more about who controls Congress, or about erasing the uncertainty attached to the midterm election results? The uncertainty is still lingering since the midterm election results are still undecided as of this morning. Regardless of whether there's a sweep or... READ MORE
The race to secure lithium supplies is on. While lithium demand multiplies, geopolitical concerns between China and the West have made securing a reliable supply of lithium more difficult. Lithium is becoming one of the world's most-sought commodities, yet the annual amount globally is still tiny. Battery makers... READ MORE
The Dollar Index has had a good run to the upside, but is starting to show some possible signs of fatigue. That potential weakness could take the form of an actual reversal in its primary uptrend, or an intermediate counter-correction. At the same time, commodities, which often (but certainly not... READ MORE
On this episode of StockCharts TV's Sector Spotlight, I update the theoretical sector rotation model with my current observations of the ongoing rotation of sectors on the Relative Rotation Graph. For this, I use the equal-weight sector universe, as well as the charts of the four macro economic... READ MORE
As of today, five of the eight major indexes we track have IT Trend Model BUY signals. This is determined by the 20EMA being above the 50EMA (Silver Cross). This is a good start toward broad market recovery, but unfortunately, all eight indexes have LT Trend Model SELL signals, which... READ MORE
Discretionary vs Staples Rotation While preparing for my show Sector Spotlight this week and trying to put things together in a meaningful fashion, I also remembered to look at the XLY:XLP ratio. When you look at the positioning of the various sectors that are likely to outperform during the... READ MORE
Tech stocks, once the favorite among investors, seem to be losing some of their bling. Since the middle of earnings season, investors seem to be shifting towards the more non-glamorous materials and industrial stocks. Take a quick view of charts of the three broader indexes—Dow Jones Industrial Average ($INDU)... READ MORE
On this week's edition of The DecisionPoint Trading Room, Carl gives us his perspective on why this bear market bottom is different than prior bear market rallies. What is keeping him bullish? He and Erin look talk about the VIX and the current fear factor (or lack thereof)... READ MORE
Conventional wisdom is that the Democrats will retain the Senate and lose the House, but there's a chance the Republicans could easily sweep both chambers. With the midterm elections tomorrow, it's still too early to call the outcome of many of the races, and we may... READ MORE
On this week's edition of StockCharts TV'sHalftime, presented by Chaikin Analytics, Pete Carmasino is back with his take on the current bear market rally, including the volatility and some unusual breakouts in stocks. The message for today is to be selective in the stocks you focus... READ MORE
The S&P 500 Index ($SPX) moved to a new low from June to October 2022, but copper held up better with a higher low and broke short-term resistance with an outsized move this week. A breakout with an outsized move shows above-average strength and it looks like the... READ MORE
It was a tough week for investors after Fed Chairman Jerome Powell put a halt to a two-week rally, which had been fueled by sharp gains in companies reporting Q3 earnings results ahead of lowered estimates. Going into this week, the S&P 500 Index ($SPX) had bullishly broken... READ MORE
As we await the midterm elections next week, there was massive speculation about China loosening COVID-19 restrictions. Additionally, with a lack of global copper inventories, metals and miners erupted on Friday. Global X Copper Miners (COPX) found significant support twice at the 200-week moving average. COPX sold off at critical... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews earnings winners that pulled back and the best way to trade them. She also highlights pockets of strength that continue to emerge despite a down market as well as the primary drivers of market price action. This... READ MORE
The Bureau of Labor Statistics released its October jobs report today. The number of jobs added was higher than the consensus forecasts. Key Points of October Jobs Report * Non-farm payrolls rose by 261,000 in October, higher than the 200,000 economists expected. * Average hourly earnings were up 0.4%... READ MORE
I'm going to share with you some of the gems and pearls of wisdom that I personally took away from the recent ChartCon 2022 Investor Conference. You may recall some of these nuggets. Others you won't because they occurred in belly-to-belly discussions behind the scenes. Therein... READ MORE
SECTOR ROTATION MODEL .. One of the more useful ways to help determine the state of the stock market and the economy is to compare how various market sectors are performing. Certain market sectors do better at market tops, while others do better at market bottoms. Chart 1 shows the Stockcharts... READ MORE
On this week's edition of Moxie Indicator Minutes, TG discusses the FOMC on 11.02.22 and how Jerome Powell stayed on course and hawkish for the Q&A session. With the market unable to find any hope to cling to regarding a pivot of easing conditions,... READ MORE
My two favorite sentiment indicators are (1) the 5-day moving average of the equity-only put-call ratio ($CPCE) and (2) the Volatility Index. On September 6th, I wrote about the elevated CPCE likely providing a short-term market bottom, and it did; the S&P 500 jumped 5% in a week.... READ MORE
Between 2012 and 2015, Gilead Sciences (GILD) enjoyed a nice rally. Since then, the stock has been through a rough patch. But its third-quarter 2022 earnings and revenue may be the spark the stock needed to bring it back to life. GILD beat estimates when the company reported after the... READ MORE
In this week's edition of the GoNoGo Charts show, Alex takes a look at the markets from a GoNoGo perspective. Using a top-down approach, he discusses the major asset classes and what we are seeing in terms of trend. Diving into macro drivers such as rates, the dollar... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe gives an explanation of how MACD works in multiple time frames and how this is a powerful tool to help improve timing. He shows how 2 timeframes can work together when using MACD and a simple moving... READ MORE
The Fed has never raised the target interest rate four times in a row, with a 75 basis point each time – till today. They still need to beat inflation. Today, they harmed retail stocks, hurt consumers, and decreased real estate values. Granny Retail was gaining strength and displaying demonstrated Triple... READ MORE
Last time I reviewed the stock market, many of the Indexes had just experienced a bullish outside bar (see chart for the DIA). Since several of the oscillators had reached oversold readings, the idea of a rally seemed appropriate. By the same token, its important to remember that there is... READ MORE
The Fed may have raised interest rates by 75 basis points, but what's more important is the Fed's tone. Is it still hawkish, or did it shift to a more neutral stance? A 75-basis point rate hike was already baked in, so today's decision... READ MORE
On this week's edition of Trading Simplified, Dave talks about how his methodology involves being patient and doing your homework, even when conditions aren't fantastic and you're waiting for setups/entries. He then shows a simple system for Crypto and other markets using live... READ MORE
Like all of you, I'm just waiting. The Fed concludes its two-day meeting this afternoon and its latest policy decision will be released at 2pm ET. It's widely expected that the Fed will raise the fed funds rate by 75 basis points. Anything other than that... READ MORE
Since the market's dramatic intraday reversal at the lows of the year on Oct. 13, the equity indexes have rallied in the face of headwinds from rising interest rates, lowered earnings expectations, big high-profile earnings misses, and the uncertainty of tomorrow's Fed announcement. This may be... READ MORE
It's the 150th episode of StockCharts TV's Sector Spotlight! This week, I tackle the long-term trends in asset classes and sectors, looking at the monthly Relative Rotation Graphs and the monthly price charts. Despite the recent rally in stocks and the strong recovery for most sectors... READ MORE
Mish is at the Money Show, so I (Wade Dawson) am filling in for two days till she returns, and I already managed to miss her daily publishing deadline. Sorry folks. I am posting this late or early now, but all of you are included, and all of you have... READ MORE
Over the last 13 weeks, a notable shift from growth to value stocks has taken place. After a rotation from leading, through weakening, into lagging between April and mid-October, the tail for value stocks has re-entered the leading quadrant at a strong RRG-Heading. Generally, value stocks are seen as more... READ MORE
On this week's edition of The DecisionPoint Trading Room, Carl and Erin discuss their study of the Silver Cross Index (SCI) positive and negative crossovers and how they are helping determine not only bias, but possible entries/exits in the market as a whole. Carl covers the bullish... READ MORE
If a huge recession is looming, someone forgot to tell the apparel retail group ($DJUSRA), because their absolute and relative strength is undeniable right now. The past three months have seen many stocks within this space SOAR. Here's the visual of the DJUSRA on both an absolute and... READ MORE
After spending nearly 10 weeks below the falling trend line pattern resistance and taking support at important levels, the NIFTY has finally attempted to break above this significant resistance pattern. In the short trading week interrupted by a holiday, the markets continued inching higher while keeping their head above the... READ MORE
Most of you are probably aware by now that I'm not a fan of CNBC, or any media for that matter. It's because their goals and objectives differ from mine. I want to educate. They want clicks, viewership, and ad revenue. Whatever it takes to achieve... READ MORE