Driving into a dense fog of economic data can sometimes trigger something of an analytical spinout, where directionality and objects on the road are first felt, via gravity and impact, before they're seen. The January Personal Consumption Expenditure (PCE) report released this morning added another layer to this... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson shows the best ways to organize your StockCharts experience, presenting the top 5 most important tools and features YOU need to be using on a daily basis! This video was originally broadcast on February 24, 2023.... READ MORE
This week, the SPY pulled backed to the Daily 50-SMA, which was the target TG was looking for. Now it seems price is trying to hammer out a local bottom. Will it be enough? Will there be more downside? In this week's edition of Moxie Indicator Minutes,... READ MORE
We watch the 30-Year Fixed Mortgage Interest Rate, because, for the most part, people buy homes based upon the maximum monthly payment they can afford. As rates rise, a fixed monthly payment will carry a smaller mortgage amount. As buying power has been shrinking, home prices have come under... READ MORE
When the stock market can't decide which way it will go, investors have difficulty making decisions. But it doesn't have to be that way. You can up your investing game plan by following this road map. CHARTWATCHERS KEY POINTS * Looking at different asset types helps to... READ MORE
What if sugar futures are really onto something? What if they are relaying food shortages? More social disruption? The Start of Russian hoarding? Which leads to Geopolitical hell? And all the inflation theories that could still develop are staring us right in the face? In the face of a rising... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows how he looks for signs of reversal in the relative strength vs. SPX. He explains how to look for emerging patterns that can be a leading indication of the price action. Instead of just looking for... READ MORE
DOW FAILS TEST OF AUGUST PEAK... The Dow Industrials led the three-month rally from their October low; and may be now leading the market lower. Chart 1 shows the Dow failing to clear a major resistance barrier at its August high and now falling back to the lowest level... READ MORE
Equities are maintaining their "Go" trend status this week, but there could be weakness ahead. Treasury bonds and commodities are struggling while the US dollar finds its feet in a new trend. Equities Continue To Pull Back From Recent High Looking at the chart of iShares S&... READ MORE
Walmart's (WMT) stock price jumped slightly over half a percent last Tuesday upon releasing its Q4 2022 earnings report. The retailer topped Wall Street's earnings and revenue estimates. And, despite expectations of a retail slowdown in the coming quarters, the company's guidance matched the... READ MORE
The above chart is from our MarketGauge product called Big View. Risk Sentiment Coming into the FOMC, the sentiment for risk is neutral. A week ago sentiment was 100% bullish. A month ago, it was neutral leaning towards bearish. Amazingly, the sentiment and the persistent trading range in the S&... READ MORE
Akamai Technologies (AKAM) is a cloud computing company in the tech sector that deals with online security. Up until mid-2022, the trend was up. Then, with the hawkish Fed, the trend changed, with AKAM eventually breaking the 23-month or two-year business cycle in May 2022. It just... READ MORE
We are all aware of the investment principle that it's time to buy when the news is blackest. Even knowing this, it's always difficult to step up and click on that buy button, because the problems seem unsolvable. Moreover, how do we know for sure that... READ MORE
In this week's edition of StockCharts TV'sHalftime,Pete breaks down the Chaikin Power Gauge Stock Rating System, shares what all of the ratings mean, and how you can use them to your advantage. This video was originally broadcast on February 21, 2023. Click on the above... READ MORE
The Relative Rotation Graph for US sectors continues to show a shift out of defensive sectors into more offensive and economically sensitive ones. The improvement for XLC (communication services, XLY (consumer discretionary), and XLK (technology) continues and is visible inside the improving quadrant. All three tails are travelling at a... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I look at the current state of sector rotation, highlighting the most important rotations from a positive as well as a negative perspective. After that, I zoom in on the Communication Services sector and highlight seven individual stocks; four worth... READ MORE
Our research at EarningsBeats.com includes extensive seasonal studies, working off the seasonality tool here at StockCharts.com. We've recently ended the best historical period of the year, which runs from the close on October 27, 2022 through the close on January 18, 2023. But the bullishness doesn&... READ MORE
This coming week is a big one. We have FOMC on tap, with some Fed members calling for .50 bps rate hike on the heels of the hot Producer Price Index and inflation. We have Gross Domestic Product on the heels of a strong retail sales number, and record amount... READ MORE
It was the second week in a row that the markets did not make any major headway, staying directionless and ending with just modest gains. The previous days have seen volatility declining; the VIX remains at one of its lowest levels of the recent past. This week as well, there... READ MORE
Earnings season is close to ending, as over 80% of companies in the S&P 500 index have already reported their 4th quarter results. The largest percent gainers among stocks over the past four weeks have been those that reported strong earnings or where management guided growth estimates higher... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares the key drivers of current price action, as well as what to be on the lookout for next week. She also shares the primary areas of support and resistance for the key market Indexes. The S&... READ MORE
People absolutely love to not love gold. When I post bullish gold comments on social media, I am guaranteed to get some not-so-constructive pushback on an optimistic thesis. Why do people love to hate the gold trade? Well, for starters, it hasn't worked in a long... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson shows you how to optimize your investable universe, shrinking down the list of trading targets or investing candidates to a more manageable group that you can filter against. He'll show you to build your... READ MORE
The market is currently topping because the Silver Cross Index (SCI), which expresses intermediate-term participation, is overbought and topping. A Silver Cross is when the 20-EMA of a price index crosses up through the 50-EMA. The Silver Cross Index shows the percentage of stocks in a market... READ MORE
We got the little pullback to SPY D21 correct last week, which left us wondering if it was going to be major support, or just minor support before the bigger pullback. In this week's edition of Moxie Indicator Minutes, TG will show you what signs he sees that... READ MORE
The S&P 500 SPDR (SPY) is a period of big swings and above average volatility. There were six swings of at least 10% from late January to early February 2023. Looking at other 12-14 month periods, this is the fourth most in the last 23 years. There... READ MORE
TEN-YEAR YIELD TESTS 3.90%... Bond yields climbed this week on two reports showing that inflation gained during January. Chart 1 shows the 10-Year Treasury yield testing some resistance at 3.90% formed at the end of December. A close above that level would put the TNX at... READ MORE
Roblox (RBLX) may still be considered by some on Wall Street as a relative "noob," but the company's plans and ambitions are catching the attention of investors as its most recent Q4 22 earnings and guidance laid out a much clearer picture of its perceived arena.... READ MORE
Starting from the top asset class level, GoNoGo Charts help investors understand intermarket. Both $TNX and $USD are gaining strength on a daily basis from amber bars of neutral uncertainty to Go trend conditions. The recent rise in rates and the dollar index have a subtle, but observable, negative impact... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows how he uses a single MA to help do trend analysis in each timeframe. He explains price structure, then uses the MA to define the correct trendline when we are looking for a change of trend.... READ MORE
The US consumer price index (CPI) came in slightly higher than expected; the market's been pretty chill about it so far. But will that change? Inflation may be eating into your bank account, but you can stop it from taking a chunk out of your portfolio returns. Since... READ MORE
When traders and investors brave the heights of speculative endeavor, clear conditions, fundamentally and technically, are the most you could ask for. But there are cases where fundamentals remain foggy and technical chart patterns seem almost hidden or questionable. This is certainly the case with Boeing (BA), as it took... READ MORE
Wednesday morning brought some love to the US economy. The January retail sales rose 3% month/month vs. +2% estimated. The breakdown fascinates. With food inflation where it is, and egg prices the big headline, the leader for today's number is FOOD, particularly eating out. At the bottom... READ MORE
In this week's edition of Trading Simplified, Dave continues to show his methodology in action by revealing an old mystery chart and adding a new one. He answers crypto questions on the 2/30EMA System and volume. Then, continuing his discussion on Crypto, he explains that it'... READ MORE
The US Dollar Index ($USD) has taken a hit in the last few months, causing many commentators to cry "bear market." However, an examination of the long-term indicators doesn't indicate a consensus pointing in a southerly direction. Neither is there unanimity that the recent setback... READ MORE
Maybe it's just Valentine's Day, so the food and commodities market sees a push to chocolates, flowers, and fine dining. And maybe not. The consumer price index (CPI) came out with an unexpected rise... but goods remained softer. Services, on the other hand, rose. However, the... READ MORE
In this episode of StockCharts TV's Sector Spotlight, for this first week of February, I address high level asset-class rotation, then step into sectors. From the sector level, I use Relative Rotation Graphs, in combination with the scan engine, to drill down into industries and individual stocks.... READ MORE
On this week's edition of The DecisionPoint Trading Room, Carl opens with a discussion of a change that is occurring in the calculation of the CPI from here on out and how it could affect the market's direction tomorrow. Carl gives his opinion on the market... READ MORE
All in all, the key sectors (retail, transportation) have more to prove, especially by clearing the 23-month moving average or 2-year business cycle. This is a significant level, as these sectors proved recession was held off when they both held the 80-month moving average or their 6-... READ MORE
As Pete watches the weekly S&P 500 rallies, he notices they've been stalling and somewhat back-filling. The S&P has been moving up, but is definitely testing its resolve around the 4100 level that everyone has been calling out. In this week's... READ MORE