In this week's edition of Moxie Indicator Minutes, TG explains that yes, we are still in a bear market, and yes, the indexes can still go lower. Heck, the SPY can still waterfall lower. But there are names that have been in their own bear market for a... READ MORE
S&P 500 REMAINS IN MAJOR DOWNTREND...Although stocks have experienced a counter-trend rally over the last three months, their major trend is still down. One way to measure that is by looking at where moving averages and trendlines are located. Chart 1 show the S&P... READ MORE
If you've logged into your Facebook account recently, you may have noticed a bunch of targeted reels. No, it's not TikTok. This just shows that Meta Platforms (META), parent company of Facebook, is rolling up its sleeves and getting aggressive in the advertising space. META has... READ MORE
In this week's edition of the GoNoGo Charts show, Alex and Tyler discuss the difficulty equities are having establishing a new "Go" trend. They walk through the technical analysis surrounding the macro factors that will have an impact on stocks, Interest rates, the dollar, commodities. They... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows how he uses multiple timeframes in ADX to find stocks that have real potential. This approach can be used for screening and reducing a list to a workable number. ADX, used with the price pattern, can... READ MORE
At the end of November the Dow Jones Industrial Average ETF (DIA) advanced just above +20% from its October low and officially entered a new bull market; however, technically, an intermediate-term rising trend had not been established. There is a bottom above the September bottom (green arrows), but there... READ MORE
Uncertain about where the stock market's headed? You should be, after a tumultuous 2022. Read on to hear what three experts think the 2023 investment landscape will look like. More importantly, get ready to take advantage of new trading and investing opportunities. Forecasting the stock market is like... READ MORE
KRE Regional Banks is a member of my Economic Modern Family. With bank earnings in gear, this ETF measures the smaller banks--the ones where people living in more rural communities and smaller cities often go to borrow and save money. Here is a passage from March 22, 2022: "... READ MORE
In the last couple of weeks, I've had a couple of conversations with clients asking how I go about selecting promising sectors, even when not much excites me at the moment. To start with, I'm a believer in the principle that the character of short-term... READ MORE
The price of sugar is exposed to many global and national influences. These include government tariffs, costs of production, climate change, and geopolitical instability. These demand and supply factors all influence movement within the market. Most sugar production occurs in a few countries across the world. The top producing countries... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I look at the current state of sector rotation, then walk through all 11 sector charts to make an assessment on their individual (relative) trends and their near-term support and resistance levels. Next, I use all this information to... READ MORE
Trevor Lawrence put in a performance for the ages in the AFC Wild Card game on Saturday. Chapeaux! Lawrence started the game with four interceptions in the first half but kept on throwing and brought his team back for a big win. There are some lessons here that we can... READ MORE
Quarterly earnings is a time when management teams announce whether they've kept all their promises that were made over the prior 90 days. These quarterly earnings announcements shouldn't be shockers. Investors despise big surprises, especially when companies fall short of their consensus estimates. Wall Street firms... READ MORE
Over the past couple of weeks, the performance of the IT stocks has remained quite muted; the NIFTY IT Index has come off from its November highs and has consolidated over some time. This has led to relative underperformance of the IT group against the broader markets. However, a few... READ MORE
In the previous weekly technical note, it was mentioned that the markets may remain in a trading range until they trade below the crucial 18300 level, which is one of the major resistance points on the chart. Over the past five days, NIFTY not only remained below this point, but... READ MORE
As the week ends, let's use GoNoGo Charts to get a sense of market moves. The chart below shows the $SPY with daily prices and the full suite of single security GoNoGo Indicators applied. As we can see, price has rallied this week and caused GoNoGo Trend to... READ MORE
It was a solid week for the markets with the S&P 500 index ($SPX) advancing above its key 200-day moving average which was a major area of possible upside resistance. With a positive relative strength index (RSI) and stochastic oscillator, the markets are poised to advance further... READ MORE
Position for the most probable scenario, but plan for alternative scenarios. Why is this a sentence that should be printed out and taped to your monitor, now if not sooner? Because, as investors we often become very tied to a particular narrative. The Fed is wrapping up its tightening cycle... READ MORE
Welcome to the new year and the new January reset! The January 6-month calendar range could be even more influential than usual. Let me explain before showing you the S&P 500 (SPY) price chart... After the first 10-trading days in January, a range is established. That... READ MORE
Grayson kicks off earnings week in a big way on this week's edition of StockCharts TV'sStockCharts in Focus! He explores one of the latest new tools and features on StockCharts: our earnings calendar - with reported results and upcoming announcement dates to help you use the right... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the sector rotation taking place amid bullish price action in the markets. She also shares areas of strength that are poised to trade higher. This video was originally broadcast on January 13, 2023. Click on the above... READ MORE
In this week's edition of Moxie Indicator Minutes, volatility products, breadth indicators, and individual tickers are showing TG that there is strength coming into the market. Is it the end of the Bear? We can't yet say, but there are trades setting up that you should... READ MORE
On the Relative Rotation Graph for US sectors, the tail for XLRE, the Real Estate Select Sector Fund, is inside the improving quadrant and heading towards leading at a positive RRG-Heading. This is one of the few tails with a positive RRG-Heading, between 0-90 degrees. The other... READ MORE
The stock market has a long-term bullish bias and the monthly return metrics reflect this positive bias. Chartists looking for a seasonal edge can compare benchmark metrics with the monthly performance numbers. Months that outperform the benchmarks have a positive bias, while months that seriously underperform have a negative... READ MORE
Last week's message showed how a falling dollar was boosting the price of gold and its miners. The falling dollar may also be lending support to material stocks tied to various commodities which can also benefit from a weaker dollar. FALLING DOLLAR BOOSTS MATERIAL STOCKS The green area... READ MORE
The December consumer price index (CPI) was welcome news for the stock market. Headline and core CPI numbers came in line with expectations. Headline CPI year-over-year is up 6.5% and core CPI is up 5.7%. Even though the softening inflation number was probably already priced into... READ MORE
As all of Wall Street dissects CPI data and what that might mean for the Fed's next rate hike, Alex and Tyler look through what is actually happening from a price perspective in this week's edition of the GoNoGo Charts show. With inflation coming in softer... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows how he uses multiple timeframes to pinpoint a recent countertrend trade setup in TSLA. Joe uses Candles, Moving Averages, Price Structure, MACD, and ADX to help on this setup. He starts with the monthly chart and... READ MORE
2022 has ended, but the bear market and need for risk management remains! The year 2022 ended with the stock market delivering its largest yearly losses since 2008. The fourth quarter of 2022 saw new bear market lows in the S&P 500 index, Nasdaq Composite, and Bloomberg Agg... READ MORE
You don't want to miss Mish's 2023 Market Outlook, E-available now! Ahead of Thursday's CPI inflation print, the stock market rose on Wednesday, extending previous gains for the week. The stakes for the Fed-critical report are high, since most investors expect a... READ MORE
If you've been too focused on how much the high-flying tech stocks have brought down the value of your portfolio, you may not have noticed that value stocks that have been sidelined are showing signs of a turnaround. This isn't unusual; in an economically uncertain... READ MORE
In this week's edition of Trading Simplified, Dave talks about real trading techniques for real traders, using real trades. He begins with a new mystery chart, explaining his Double Top Knockout Setup. He then continues his "Next 100" trades, noting updates to his open positions, discussing... READ MORE
You don't want to miss Mish's 2023 Market Outlook, E-available now! As earnings season kicks off, the market is primed to witness some surprising turns in the coming days, weeks, and months ahead. Powell's speech today kept investors thinking about future interest rate... READ MORE
I had the honor of being interviewed by longtime friends, Sunny Harris and Sam Tennis. The link below will take you to that interview. It is about 1 hour long so try to stay awake. https://anchor.fm/sunny-j-harris/episodes/Gregory-L--Morris... READ MORE
Most of the time, the major indexes move in tandem. Occasionally, they'll throw up positive and negative divergences that technical analysts can use to better identify important trend reversals. Today, we will look at two market averages whose 2022 price action has resulted in completely different potential chart... READ MORE
In this year's first episode of StockCharts TV's Sector Spotlight, I take a look at the Sector Rotation Model and address the current state of stock market sector rotation. Then, I discuss the four macroeconomic indicators that form an integral part of the model to assess... READ MORE
You don't want to miss Mish's 2023 Market Outlook, E-available now! Despite the debate about the strength or weakness of the US Dollar, it will remain one of the most important currencies in the world for decades, and will continue to cause trouble for some.... READ MORE
On this week's edition of The DecisionPoint Trading Room, Carl opens the show with a reprise of his Tesla (TSLA) vs. Bitcoin discussion and the uncanny similarities as far as gains, losses, and price pattern, in spite of not really being related at all. Erin teases out the... READ MORE
The 2022 year-end came with plenty of volatility in the market, and that's what bear market rallies and turning points look like. However, we don't know where the turning point really is. In this week's edition of StockCharts TV'sHalftime,Pete takes... READ MORE
There is no debate when it comes to concluding that 2022 has been a choppy year for equities globally. The markets had to deal with all sorts of things; rising inflation, fear of recession, geopolitical tensions, and a slew of rate highs from the central banks all over the world.... READ MORE