In this edition of the GoNoGo Charts show, Alex and Tyler take a top-down approach to the technical market environment following the SVB collapse and the Fed's 25bps hike. They use a GoNoGo Cross Asset Heat Map to help understand the intermarket factors that could impact equity... READ MORE
This is a follow-up to a piece published a week ago on Nvidia's (NVDA) strong runfollowing its stellar earnings report. It follows NVDA's price action, but from another angle, using the lesser-usedIchimoku Cloudindicator. Revisiting NVDA's Price Action NVDA began outperforming its fellow... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains the best form of MACD divergence, showing how to use multiple timeframes to increase your odds of success with this powerful MACD setup. Using Monthly, Weekly and Daily timeframes, he covers the setup and why it... READ MORE
Well, it might be a little early to anoint Intel (INTC) a leader, but there's no denying a significant breakout in the chip stock above key price resistance. On November 15, 2022, INTC opened at 30.72, and the stock hasn't seen an open or close... READ MORE
We have written lots of Dailys, not to mention talked a lot in media, about the significance of the 23-month moving average. Here are some past comments: What has happened in the last 2 years? A bullish run in 2021 based on easy money. Inflation running hotter than most... READ MORE
In this week's edition of Trading Simplified, Dave delves into why traders need patience, especially during less-than-ideal conditions. He discusses the fact that patience "gets used up" and why we must be vigilant not to give into temptations such as boredom, wants, needs, and... READ MORE
A driver who goes with the flow of traffic and adjusts to traffic conditions usually gets places in good time and safely. Similarly, a good trader who trades in sync with price action is likelier to make better trades and preserve more capital. The key: Recognize price movement and take... READ MORE
Last week, I tweeted: I believe the #commodities prices in food softs $DBA have bottomed. $GLD-well those who know me-that I pointed out bottomed months ago. $SLV now outperforming. That tells you something. Maybe even #oil. Get ready for the Commodities Super Cycle. If you are not following... READ MORE
In this week's edition of StockCharts TV'sHalftime, Pete takes a look a sectors, then takes a deep dive into the historical bond picture, using TLT as an example. He focuses on using the Chaikin system to explore Bullish and Bearish estimate revisions as a cause of... READ MORE
In this episode of StockCharts TV's Sector Spotlight, for this last Tuesday of the month, I take a look at seasonality as the S&P 500 enters the (historically speaking) strongest month of the year. Two sectors are showing meaningful odds for out-performance in April, and... READ MORE
On this week's edition of The DecisionPoint Trading Room, Carl starts off the trading room with a closer look at Regional Banks (KRE) and gives his opinion of not only the market, but the top ten capitalized stocks. Erin picks up with a discussion on how to find... READ MORE
In this edition of the GoNoGo Charts show, Alex and Tyler take a top-down approach to the technical market environment following the SVB collapse and the Fed's 25bps hike. A GoNoGo Cross Asset Heat Map helps understand the intermarket factors that could impact equity performance. Treasury rates... READ MORE
Friday: Monday: Over the weekend, our Daily covered 3 key ratios to help decipher the market action and the prevailing macro theme for the economy. We started with the one between long bonds (TLT) and the S&P 500 (SPY). All last week, long bonds outperformed the SPY with... READ MORE
Ultimately, breaking out above the August 2022 high represents the key level to reverse the downtrend that began in early-January 2022. I like to use longer-term charts to determine whether we're currently trending higher or lower, and right now the downtrend is firmly in place: The... READ MORE
Remember the wall-to-wall coverage concerning the FTX crypto collapse? It's a great example of why conventional wisdom and groupthink are usually wrong. The prevailing hysteria had most traders brainwashed into expecting further crypto collapses and price drops. The simple fact is that, the market had been... READ MORE
It was a volatile, but largely quiet, week for the markets. Over the past five sessions, the markets were able to defend their opening lows and were trading flat until the last trading day of the week. The negative closing of the last trading day saw the markets ending in... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the sharp decline in Banks and whether they're ready to reverse higher. She also discusses broader market conditions while highlighting key pockets of strength and stocks showing promise. This video was originally broadcast on March... READ MORE
One of the best questions I got asked this week was "How can you be long gold and long semiconductors at the same time?" And I have a simple answer for that. We love to take a position based on the macro, which is why gold has been... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson discusses the most important chart on all of StockCharts – your default ChartStyle! In addition to a quick review of what a ChartStyle is, you'll learn how to save your favorite indicators, overlays and other... READ MORE
2022 was a challenging year for investors, and, so far, the stock market in 2023 has had its fair share of challenges. The fallout of some banks came as a surprise to many investors; how can retail traders improve their trading results in 2023 in light of such unexpected events?... READ MORE
BANK INDEX WEIGHS ON STOCKS...Despite day to day volatility, major stock indexes are trying to hold onto small gains for the week and are trying to hold underlying support levels. The black bars in Chart 1 show the S&P 500 bouncing last week off potential support at... READ MORE
The SPY is down twice now after the FOMC, where Powell continued to hike rates with another 25BPS. Despite that, there are still many sectors and tickers that are bullish. Of course this can change and we need to always be on guard for that, but, on this week'... READ MORE
Racing ahead of the semiconductor pack, Nvidia (NVDA) appears to be edging toward the upper regions of a parabolic curve. What Does This Mean for NVDA Stock Price? It's a sign of confidence coming off a strong Q4 2022 earnings performance on top and bottom lines. NVDA surprised... READ MORE
Small-caps are leading the way lower and breadth indicators are showing some serious deterioration under the surface. Large-caps are holding up for now, but keep in mind that weakness in small-caps foreshadowed the January 2022 peak in SPY. Today's article will compare price charts for... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains how to use the higher timeframe to help confirm a 1-2-3 change in trend on the lower timeframe. In many cases, the cross of key MA lines will coincide with this potential reversal signal.... READ MORE
With the recent crash of the SPDR S&P Regional Banking ETF (KRE), you may wonder if there were adequate technical warnings ahead of the crash. Yes, there were. (To clarify, we're looking for reasons not to be long KRE.) 1. To begin, last April, the KRE... READ MORE
The Federal Reserve raised rates by 25 basis points. The decision was unanimous. The terminal rate projection is unchanged at 5.1%. The FOMC statement modifies guidance: "The committee anticipates that some additional policy firming may be appropriate." My first tweet @marketminute this morning before the market opened:... READ MORE
All trades, no matter how well thought out, have the potential to end in a loss. Therefore, we must manage our expectations and be willing to accept risk and fear as part of the trading process. In this week's edition of Trading Simplified, Dave discusses ways to deal... READ MORE
The end is at hand. Bears, just surrender now. Since the mid-June low (where I called the S&P 500 bottom), we've seen the fed funds rate jump from 1.00% to 4.75%. Of course, all we've heard since then is what? Don&... READ MORE
The market buzz can be quite contagious. * "Market didn't collapse on the bank news-must be bullish." * "Yellen will save the day buy making sure depositors are safe." * Yellen herself: "We have an economy that is performing very well." And, of course,... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I talk you through my assessment of what's going on in terms of sector rotation and how that connects with my observations of the S&P 500 chart. Following that assessment of current market behavior, I then... READ MORE
In this week's edition of StockCharts TV'sHalftime, Pete discusses the noise that's been driving the markets, starting with Silver Gate and moving in to speculation on Silicon Valley and Signature banks. Although he can't believe it, he talks about the idea of... READ MORE
On this week's edition of The DecisionPoint Trading Room, Carl opens the trading room discussing why DecisionPoint.com uses ETFs for signal changes versus actual Index readings. He also explains how the Price Momentum Oscillator (PMO) has different meanings when it is above or below the zero line.... READ MORE
Where is the market finding joy? Is it here, in the Russell 2000 (IWM)? Let's check out the weekly chart. The 50-week moving average just crossed below the 200-week moving average. That is bearish. The Leadership Indicators shows IWM well underperforming the SPY; also bearish. The... READ MORE
The previous week remained a technically damaging one, as the NIFTY violated a few important supports while closing on a negative note. The volatility, too, increased; however, this was on the expected lines. The past five days also saw the global markets dealing with the collapse of SVB (SVIB); the... READ MORE
It was another wild week for the markets, as turmoil amid the Banking industry spread to other areas. Oil prices slid to 1-year lows and Treasury yields skidded lower. Other commodities also fell, while global-facing Industrial companies took it on the chin. Overall, the price action highlighted investors&... READ MORE
This week, stocks started in a position of strength and ended in a position of weakness. While some groups, like semiconductors, have managed to remain strong, the major benchmarks managing to pound out a positive return for the week, the broad market message appears cautious-at-best by my read.... READ MORE
When we wrote How to Grow Your Wealth in 2023,we began with * Chaos * Trying to Fit a Square Peg into a Round Hole * Looking for Inflation in All the Wrong Places Could we have known at the time what headlines would emerge? No. Yet what was obvious is that... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen walks through the broader markets and sector rotation, before drilling down into the market dynamics that are driving earnings and analysts upgrades. She finishes out the show by highlighting some defensive names, gold stocks, and software companies to... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson explores four unique ways to chart, and analyzes what many would argue is the 2nd most important technical indicator of them all: Relative Strength! Using some creative chart setup tricks in both SharpCharts and ACP, Grayson... READ MORE