In this week's edition of StockCharts TV's Sector Spotlight, I take a look at recent rotations in asset classes and sectors. The recent strength for stocks over bonds at asset class level is clear, but the rotational picture for the weekly and daily time frames is... READ MORE
It occurred to me that some of our primary indicators have created a teachable moment. Specifically, our short-term and intermediate-term indicators are both at fairly extreme overbought levels, and now is a good time to talk about what that means. The Swenlin Trading Oscillators for breadth and volume (STO-B and... READ MORE
In the very near-term, we have options issues that could take a toll on key technology (XLK) and consumer discretionary (XLY) stocks. If those options issues kick in this week, the overall market is likely to struggle. That will definitely be one headwind as we start the new week. But... READ MORE
The Indian equity markets had a definite directional move over the past five days; it practically nullified the potentially bearish setup that indicated a likely stalling of the present up-move as it trended during the week to end with gains. The markets saw themselves inching higher and opening up some... READ MORE
Last week's rally in the Nasdaq marked a 21% rise from its June 16th closing low and, according to widely-followed criteria, this signals the end of its bear market status. The gains occurred following news of a slight easing of inflation in July and, if we continue to... READ MORE
Since the initial rally off the June low, we've been reinforcing the importance of upside resistance in the 4150-4200 range. This is based on an initial Fibonacci retracement off the lows, and also happens to be the peak from early June. On Wednesday, we finally closed above this... READ MORE
We decided to take a look at our Silver Cross Index (SCI) and Golden Cross Index (GCI) across the broad markets. They were startling, to say the least. As we all debate whether this is the end of the Bear Market of 2022, these two indicators suggest it just might... READ MORE
In this special presentation courtesy of StockCharts TV'sThe MEM Edge, Mary Ellen reviews why select stocks are trading higher than the markets. She also highlights the rotation into Small Caps and shares ways to capitalize. This video was originally broadcast on August 12, 2022. Click on the above... READ MORE
On this week's edition of Moxie Indicator Minutes, TG goes through a few examples of how the market might continue before the 1-2 punch of a pullback and topping pattern. TG is seeing a ton of names that are in what he calls the Weekly Arch of the... READ MORE
JUNE HIGHS CLEARED... Last week's message showed major stock indexes testing initial resistance at their June highs, and suggested that an upside penetration of that resistance could lead to a possible test of their 200-day moving averages. Those June highs have since been exceeded. Chart 1 shows the... READ MORE
The S&P 500 SPDR (SPY) is in the midst of a strong advance since mid July as it became "overbought" on July 20th and remains overbought. Today's article will show how to measure overbought and oversold levels using StochClose, which is a version of... READ MORE
I'm a believer that Wall Street will eventually overcome all obstacles and move back to all-time highs. It's a big "wall of worry", but the bulls are up to the task. The cyclical bear market is over, and we've resumed the secular... READ MORE
As US Equity indices broke through overhead supply, trend conditions strengthened to strong blue "Go" bars. In this week's edition of the GoNoGo Charts show, Alex and Tyler review the intermarket headwinds for risk assets including treasury rates ($TNX), the US Dollar index ($UUP) and high... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe discusses some of the key aspects to trading psychology. He goes through a trade setup that has all the characteristics he is looking for, then explains the potential pitfalls on the mental side of trading. Joe talks... READ MORE
I'm very much in the bullish camp and have been for weeks now. However, there are isolated situations where I'd consider a short position. Netflix (NFLX) is on that list. I believe the reward-to-risk is set up beautifully right now on NFLX. Remember the horrid earnings... READ MORE
On the Relative Rotation Graph for US sectors, there are only two sectors that are leading the market higher. Not surprisingly, these are growth-related sectors, specifically XLK and XLY, which together make up 40% of the market capitalization of the S&P 500 index. In last Tuesday's... READ MORE
The summer rally has enabled several indexes to push through important resistance, but, since there was a lot of backing and filling at higher levels earlier this year, there are several places where even more resistance is apparent. If you want to be bullish, for instance, take a look at... READ MORE
On this week's edition of Trading Simplified, Dave continues his series of showing you his "next 100 trades." Even better, he shows why he picked them, how he managed the positions (which returned both good and bad results) and how he used discretion in an attempt... READ MORE
In this week's edition of StockCharts TV's Sector Spotlight, I start with a look at Growth/Value and Size (Large-, Mid-, and Small-Cap) rotations. After that, I take an extensive look at the rotations of Offensive, Defensive and Sensitive sectors and their individual charts. The common... READ MORE
In the discipline of Technical Analysis, there are patterns that can be classified as Reversal Patterns or Continuation Patterns. Where Reversal patterns tend to reverse the prior trend, Continuation patterns tend to resolve in the direction of the prior trend. One such "Reversal Pattern" is the Inverted (or... READ MORE
On this week's edition of The DecisionPoint Trading Room, Carl talks about the market conditions and trends, then dives into the metals and discusses possible entries. He explains how to use premium/discounts to determine sentiment for Gold and Silver, then covers yield inversions. Erin presents the sector... READ MORE
We're going higher. Sure, we'll have pullbacks along the way. Secular bull markets typically test their key moving averages like the 20-day EMA and/or 50-day SMA frequently, and I'll be looking for those in the weeks and months ahead. But it's... READ MORE
In our previous technical commentary and forecast, we anticipated that this week may see some ranged consolidation. It was also expected that such consolidation may have ranged moves and some profit-taking bouts from the higher levels. However, the downsides were expected to stay limited. While dancing exactly to these tunes,... READ MORE
The bull market in stocks carried on last week, despite warnings from several Federal Reserve governors that the central bank is nowhere near being done cracking down on inflation. Growth stocks, in particular, continued their run, with the tech-heavy Nasdaq posting a 14.4% rally over the past 5 weeks... READ MORE
While the VIX is often termed the "fear gauge" because of its inverse relationship to stocks, it's really more of a measure of volatility -- implied volatility, that is, which means it's looking at the S&P 500 options market, which then "... READ MORE
This morning, I was at my parents' house, and my Dad chatted with me before I left. He said, in so many words, that I was probably a bit too bearish right now. It was likely in response to yesterday's free article (and DP Alert opening) about... READ MORE
In this special presentation courtesy of StockCharts TV'sThe MEM Edge, Mary Ellen reviews areas of growth and explains why they remain in a leadership position. She also reveals a more risky area of the markets that are on the move higher, and discusses how to trade stocks after... READ MORE
On this week's edition of Moxie Indicator Minutes, TG reviews the major indexes and large-cap stocks, which are in elevated areas that he's not comfortable putting new money to work on the long side. TG wants to see a pullback into support to see what the... READ MORE
From time to time, I compare the rotations of the SPDR sectors that we usually use with their EW counterparts. The first RRG below shows the rotations for the SPDR sector spiders (cap-weighted). The second RRG shows the rotations of the Equal Weight sectors. In both, the Energy sector is... READ MORE
The Composite Breadth Model at TrendInvestorPro has been bearish since April 11th and remains bearish, which suggests that the current bounce in SPY is a counter-trend advance within a bigger downtrend. Also note that the 5-day SMA for SPY is below the falling 200-day SMA and the Trend Composite is... READ MORE
We have two primary indicators in the short term (Swenlin Trading Oscillators (STOs)) and two primary indicators in the intermediate term (ITBM/ITVM). Of late, they have been diverging, with the short-term STOs moving lower and the intermediate-term ITBM/ITVM rising. We've included the chart below so you... READ MORE
In this week's edition of the GoNoGo Charts show, Alex and Tyler talk about how the recent rally in risk assets has reached its first hurdle. They also explain that the strength of recent Go trends for the S&P 500, Growth sectors like Information Technology ($XLK)... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows the key criteria to determine if a gap is a buyable or sellable event. The concepts of contraction and expansion are important to recognize when a gap occurs. Joe discusses the location and the trend in... READ MORE
For the moment, the stock market continues to defy the notion that inflation or slower economic growth is hurting US businesses. Corporate earnings have slightly underperformed, but the stock market has continued on a trajectory upwards since the middle of July. Technology (XLK) was today's best performing sector,... READ MORE
INTERMEDIATE TERM RALLY CONTINUES... The stock rally that started in mid-June continues to gain ground which confirms that the market has put in an intermediate term bottom. The question is how far that intermediate rally can rally within the current downtrend. Hopefully, the charts shown below will help determine where... READ MORE
On this week's edition of Trading Simplified, Dave shows you his methodology in action by continuing to track his next "100 Trades." He explains how there will be setbacks along the way waiting for the mother-of-all trades. He also touches upon many trading traits that you&... READ MORE
The rally since mid-June has taken several indexes back to their extended breakdown trendlines, which mark one demarcation point between bull and bear. Chart 1, for instance shows that the NASDAQ completed a top in May and then followed through with further weakness. By mid-June, the Index found a bottom... READ MORE
Investing in an inflationary environment can be challenging. The markets have been volatile, but stocks have trended steadily higher with corporate earnings. In stagflation, cash and bonds are usually below the rate of inflation, while certain stocks might not fare much better. It is important to invest into assets that... READ MORE
Since the mid-June market bottom, we've seen improvement in a large number of areas. Technology (XLK) has resumed its leadership role in a big way, as evidenced by the following relative breakout: I believe this is just the beginning of the resumption of the secular bull market. If... READ MORE
In this week's edition of StockCharts TV's Sector Spotlight, I start with a look at the current state of Sector Rotation in US stocks. (Normally, I review seasonal patterns in sectors every last Tuesday of the month, but, last week, that segment had to make place... READ MORE