In a recent StockCharts special presentation, Larry Williams revealed his detailed forecast of the broader US market, gold, and stocks Apple (AAPL), AMD (AMD), and Amazon (AMZN). A Quick Preface to Larry Williams' Presentation In the early 2000s, at the start of my finance-related career, I came across... READ MORE
The financial crisis helped to bring interest rates back down, which is benefiting tech and the growth sector. But the Energy sector is starting to decline which implies a weakening economy. And interest rates going down could be for the bad reason, not the good reason. In this week'... READ MORE
Sometimes markets trend, sometimes they oscillate and sometimes they simply frustrate. I would venture to guess that trading since 2022 falls into the frustration basket. Trend following and momentum strategies are suffering because big moves are failing to extend and develop into trends. Mean-reversion strategies were doing well, but... READ MORE
Since late 2021, value stocks have been dominating Growth. The $DJUSGR:$SJUSVA ratio rode the way down together with $SPX. I highlighted this development in a few articles back in 2022. At the moment, that situation seems to be reversing. The Relative Rotation Graph above shows the Growth Value rotation... READ MORE
In early February, I pointed out that five consistently correct long-term indicators had triggered primary bull trend buy signals. The article certainly did not represent good timing from a short-term point of view, as the market has been selling off ever since. Nevertheless, these indicators remain in the... READ MORE
In this week's edition of the GoNoGo Charts show, Alex takes the GoNoGo approach to the markets this week as he looks at the GoNoGo Asset map, noting the NoGo Trends in equities and commodities, while the dollar holds on to its "Go" trend. After running... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows how the the 4MA can be used to provide insight into short-term countertrend opportunities. He then explains how these opportunities can be used as a part of a bigger play. He then covers the stock... READ MORE
What a difference a day makes. So much for Tuesday's relief rally in banks. The banking contagion continued with Credit Suisse's fallout, which brought the banking fiasco to a global level. The domino effect was felt in the banking sector once again and continued into Thursday,... READ MORE
S&P 500 STABILIZES NEAR DECEMBER LOW...A short-term oversold condition helps support stocks. The daily bars in Chart 1 show the S&P 500 bouncing off potential chart support at its December low. In addition, its 9-day RSI line in the upper box is bouncing... READ MORE
Semiconductors ($DJUSSC) opened 2023 with a BANG! They spent the entire month of February and the first two weeks of March consolidating in a bullish ascending triangle pattern, but today we're either going to get a confirmed breakout or a false breakout. It simply depends on where we... READ MORE
I remain extremely bullish stocks the balance of 2023 and into 204, but I've been a little short-term cautious the overall market since mid-February, but bullish signals are beginning to emerge once again. The most important sector, in my opinion, is technology (XLK). This sector reeks... READ MORE
Below is an excerpt from today's subscriber-only DecisionPoint Alert (Subscribers, forgive the repeat performance): CRUDE OIL (USO) IT Trend Model: SELL as of 2/2/2023 LT Trend Model: SELL as of 12/6/2022 USO Daily Chart: USO obliterated support today and closed at New 52-... READ MORE
Silver is like that drab and boring coworker who you say "hi" to, but never really care to engage. It may not possess gold's glitz but... it's the only metal that has can boast both monetary and industrial-tech use cases. Its history as... READ MORE
In our book How to Grow Your Wealth in 2023,we featured our projections for the Economic Modern Family. To begin with the Granddad of the Family -- Russell 2000 (IWM) -- in December 2022, we wrote this: "The Russell 2000 IWM is the granddad of the Family. Hence, we take... READ MORE
There's a big gap between your performance with your methodology and your methodology's potential. In this week's edition of Trading Simplified, Dave introduces you to what might be keeping you from reaching your full potential. Spoiler alert: It's you! Dave then gets... READ MORE
When Larry talks, you listen. It's a great rule to live by. Anyone who has followed Larry Williams' legendary work in the markets knows the expertise he brings and the value of his analysis. So, when Larry called and said "I've got thoughts to... READ MORE
Folks are calling the FED opening swap lines on the entire US Banking deposit base to the tune of $17.6 trillion as QE infinity. Moody's cut its outlook on the banking system to negative, saying that it is a rapidly deteriorating operating environment. The market though, generally... READ MORE
In this episode of StockCharts TV's Sector Spotlight, after two episodes looking at longer term trends, first in seasonality and then in price trends on the monthly charts, I talk you through what's happening in current rotations for asset classes and sectors. We look at the... READ MORE
There is a well-known saying going around Wall Street that, when the Fed hits the brakes, someone inevitably crashes through the windscreen. That obviously applies to shareholders and directors of Silicon Valley Bank (SIVB), though depositors, following a nail-biting weekend, are apparently off the hook. It also warns... READ MORE
Technical analysis provides a broad toolkit of indicators, and if you use too many indicators on your chart, it can get complex and lead to "analysis paralysis." But when you put some thought into selecting a combination of indicators, it can give you a weight of the evidence... READ MORE
On this week's edition of The DecisionPoint Trading Room, Carl is peppered with questions on Gold, Financials/Regional Banks, Bonds and Yields. He looks at Gold in all three timeframes and discusses why it will likely move even higher. Carl's take on the Banking crisis and... READ MORE
Given the recent liquidity crisis in the banking sector, Tuesday morning's CPI number could be an important driver in the Federal Reserve's next move on March 22nd. As per the report, How to Grow Your Wealth in 2023, "The Federal Reserve is overly optimistic about... READ MORE
On March 7th, we asked "Will the Market Internals Turn More Bearish"? While we focused mainly on Jerome Powell's testimony, when he said "if the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace... READ MORE
While the Banking Sector (KRE) collapsed this week due to the Silvergate and Silicon Valley Bank failures, we can see where participation has been deteriorating for more than a month. The bottom three panels on the chart below shows how the Percent of Stocks Above the 20/50/200EMAs began... READ MORE
The truncated week remained quite volatile; the markets were all over the place, and the week ended on a negative note. The volatility over the last two days was fueled by the testimony of FOMC chief Jerome Powell, who showed all the indications of continuing with the hikes; he also... READ MORE
Chartists considering a trend-following strategy can use the Trend Composite to identify trend signals and then turn to the ATR Trailing Stop for an exit strategy. A bearish Trend Composite signal could also be used as an exit strategy, but these signals usually trigger later than the ATR Trailing... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews next areas of support for the downtrending markets while highlighting what to be on the lookout for in oversold Bank stocks. She also shares best practices for formulating a watch list in anticipation of a stronger period... READ MORE
I'm a big fan of playing the long game as an investor, particularly for long-term accounts that should arguably not be affected by short-term market fluctuations. Talking with experts like Jon Markman, author of Fast Forward Investing, has reminded me that overarching themes like artificial intelligence,... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson shows you how to isolate specific indicators on your charts and save them into their own specific ChartStyles. By breaking your charts apart and focusing only on one indicator at a time, you can bring more... READ MORE
The stock market has been struggling the last few days, losing all gains made earlier this month (March). It's almost as if there's a tug of war between investors and the news. In the last couple of months, it was between investors and the Fed, but... READ MORE
Two big things about Campbell Soup (CPB): * First, the company crushed it in earnings last Wednesday. Its second-quarter FY23 results delivered an upside surprise, with an EPS that was 8.37% higher than analysts expected and revenue 2.21% higher than Wall Street estimates. * Second, CPB is rising from... READ MORE
BANK INDEX COLLAPSES... A plunge in bank stocks this week has inflicted heavy technical damage on that group and is weighing heavily on the rest of the market. The weekly bars in Chart 1 show the KBW Bank Index losing -16% on the week and falling to the lowest level... READ MORE
The news of SIVB getting into trouble sent huge waves through the market. Financials and bank stocks cratered which then brought the rest of the market down. In this week's edition of Moxie Indicator Minutes, TG explains question now, which is "are rising interest rates the risk,... READ MORE
Right now, it seems the most enticing tail on the relative rotation graph for US sectors is that of XLK, the technology sector. XLK has been in a strong RRG heading for a few weeks already, crossing over into the leading quadrant last week, and has continued to push further... READ MORE
We could call this "3 Days to All Hell broke loose." We could call this "We told you so." We could call this, "Welcome to the incredible forecasting of the Economic Modern Family." We could call this, "Hello delusional semiconductors." Whatever you... READ MORE
In this week's edition of the GoNoGo Charts show, Tyler and Alex present their weight-of-the-evidence approach to trend following using top down analysis. Starting with the GoNoGo Asset Map, we see that Equities have struggled again on the daily basis, but perhaps there is some... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe discusses the ADX indicator and what the 2 DI lines mean in layman's terms. He explains how this indicator can give us insight to the Buyers as well as the Sellers, and shows what to... READ MORE
A knowledge gap will leave you to believe that if you only knew more, you wouldn't have losing trades. Sometimes even the best setups fail miserably. Other times, your methodology is valid, but your stock (or other market) selection could use a little improvement. In this week'... READ MORE
With Jerome Powell so data-dependent, as he stated on his second and last day of testimony, it seems pretty obvious where most of the growth and labor strength is coming from. This isn't the first time we have seen semiconductors lead the market, and we can say... READ MORE
Whether employed in a financial institution, or learning the ropes on your own, women in finance, all over the world, face similar challenges. We conclude our conversations with women in finance with three who followed different paths but confronted similar bottlenecks. Let's find out how Jane Gallina (Airplane... READ MORE