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
You don't want to miss Mish's 2023 Market Outlook, E-available now! From page 55 of How to Grow Your Wealth in 2023: "Overall, the gold futures have the lion's share of our interest, (as referenced earlier in this Outlook). We wrote about... READ MORE
The equity markets have entered into the new year on a back foot and stayed choppy as well. In the previous technical note, it was mentioned that, so long as the NIFTY stays below its crucial resistance zone of the 18300-18600 levels, it will remain in a trading zone... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews some of the key events driving price action as we head into the New Year. She also highlights the impact of last week's rise in interest rates, as well as key areas of support for... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson takes you on a tour through the brand new StockCharts mobile app for iOS devices! You can now take your charts and the market anywhere with you on the go. We'll show you the... READ MORE
From the Sector Level On the Relative Rotation Graph for US sectors, the tail for the Utilities sector stands out. It is relatively long compared to the other tails on the graph, which indicates that there is quite a bit of power behind the move. With the tail moving from... READ MORE
As the great bear market of 2022 was really hitting its stride, the 3800 level came into view as a likely support level for stocks. We keyed in on that level based on Fibonacci Retracements using the March 2020 low and the January 2022 high. At the time, that seemed... READ MORE
BOND YIELDS AND THE DOLLAR WEAKEN... The direction of interest rates plays a big role in determining the direction of the dollar. Rising U.S. rates during 2022 helped push the dollar to the highest level in twenty years. Chart 1, however, shows the 10-Year Treasury yield peaking during... READ MORE
The market got into its sideways range starting about December 16th and is still in that zone. They say don't short a quiet market, but it is also hard to see where strength will be coming in from. In this week's edition of Moxie Indicator Minutes,... READ MORE
The past three months have been torture for the Invesco QQQ Trust (QQQ), the ETF that tracks the NASDAQ 100. The large-cap stocks that dominate the QQQ performance have been breaking down one after another, and that has weighed much more heavily on the NASDAQ 100 than it has... READ MORE
Late yesterday afternoon, I sent out a quick update to our EarningsBeats.com members, suggesting that we could see a sudden surge higher in equities. A bullish signal emerged in the Volatility Index ($VIX), one that doesn't appear very often. Typically, the S&P 500 and VIX... READ MORE
In this week's edition of the GoNoGo Charts show, Alex and Tyler examine a market that is largely consistent with the choppy downtrends and defensive characteristics of the prior year. The major difference across the asset classes is that the US Dollar index is in a NoGo and... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe looks at the longer-term picture for stocks like AAPL, TSLA, and more. He gives a framework of how to play these stocks for long term accounts, then explains the process of a bottom and how to... READ MORE
Preliminary earnings numbers are in for 2022 Q3. To clarify, earnings results are collected for the three months after the end of the quarter. Meanwhile, "earnings season," the collection period for 2022 Q4, has just begun. The chart below shows the normal value range of the S&... READ MORE
Trading will make you question whether you are being Churchill's definition of success or Einstein's definition of insanity. Thus, the Einstein vs. Churchill argument. In this week's edition of Trading Simplified, Dave continues his discussion on his next 100 trades and presents an update... READ MORE
After a pretty dismal stock performance in 2022, investors are looking forward to some signs of optimism in the first trading week of the new year. Alas, the first two days didn't bring much hope. Fed minutes indicate that inflation is still high, and that means more interest... READ MORE
Investors and traders should utilize sensible trading strategies, intelligent portfolio management, and vigilant risk governance to stay ahead in today's fast-paced, liquid markets. In this article, renowned and legendary trader Michele Schneider outlines 10 themes that are likely to shape and drive the markets in 2023 and... READ MORE
The Boy Scout Motto "Be Prepared" is apt for the year 2023. In this exclusive StockCharts TV special, Larry shows you the things you should be prepared for and some of his expectations for what's coming in the new year. This video was originally broadcast on... READ MORE
Now that we are one day into the new year, there are two pieces of advice to give you. 1. Learn a strategy and then become a specialist in that strategy. As an example, you could use phases. And once you understand the phases on a daily and weekly timeframe,... READ MORE
I don't usually get into individual stocks, but, back in August, I found Tesla's price action to be quite interesting. That's because I felt the stock, along with its fearless leader Elon Musk, were important icons of the 2020–2022 phase of the post-... READ MORE
In this year's first episode of StockCharts TV's Sector Spotlight, I address the expected seasonal performance for the stock market and the individual sectors. I locate one sector at high odds for outperforming the S&P 500 in January, as well as a sector with... READ MORE
If you're looking for stocks that are momentum gainers, the best place to start is to find the leading industry groups. So which sectors were strong in 2022? The first step is to identify the strong and/or strengthening industry groups. I keep an industry group relative strength... READ MORE
There were times over the past few years that you probably wondered if Boeing (BA) would ever recover from its own miscues and the COVID-19 pandemic. Well, BA and its peer group, aerospace ($DJUSAS), were literally "flying" into the end of 2022. Check out the chart below.... READ MORE
First of all, happy new year!!! I hope 2023 turns out to be a healthy and prosperous year for all! As we look back on 2022, it was anything but that. We started the year on a very sour note and things went downhill from there - at least from a... READ MORE
As the session on Friday ended, we not only ended the trading week, but also the month and the year. 2022 was choppy for the equities, to say the least. The markets had to navigate the weak trends, geopolitical tensions, inflation, fear of recession, and a slew of rate hikes... READ MORE
I've been watching critical areas like semiconductors ($DJUSSC), software ($DJUSSW), and internet ($DJUSNS) underperform vs. the S&P 500 throughout 2022. But the good news is that, since June, money rotating out of the three aforementioned aggressive sectors is finding a home in other industry groups. That&... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson's digging into more new features that just rolled out across the site, highlighting his top 5 favorites that have been added to ACP. He'll cover the new annotation features, indicator actions, right-... READ MORE
I have been quiet on the video and blog side of things over the past weeks. Still, just before you pop the champagne for a grand New Year's eve celebration, I want to take the opportunity to look back at maybe the most important or dominant rotation that... READ MORE
STOCKS END YEAR UNDER PRESSURE... Little has changed since the last message written a couple of weeks ago. At that point, major stock indexes had failed a test of overhead resistance levels and were starting to weaken. They've weakened even further since then. Chart 1 shows the Dow... READ MORE
As the year ends, it's time to think about your New Year's resolutions. But how can you make them last longer than a few weeks? Here's one approach traders and investors can try. The ball has dropped, the champagne has popped, and you'... READ MORE
If you're tuned in to the financial media, you may have heard that the put/call ratio is at an extreme. I don't usually pay a lot of attention to this indicator, as it's hard to interpret, but when I looked at it this... READ MORE
According to Fidelity.com, Apple, Inc. (AAPL) represents 12.95% and 6.51% of the QQQ and SPY, respectively. The QQQ and SPY are exchange-traded funds that track the NASDAQ 100 and S&P 500 Index respectively. That's a very large weighting, so it would seem... READ MORE
Many investors have had a rough year. 2022 has been characterized by turbulence in financial markets. The Nasdaq Composite, S&P 500 Index, and Russell 2000 are all in bear market territory, while the Dow Jones is the only U.S. index down less than 10% YTD. The performance... READ MORE
Over the past few days, the levels of 18600 on NIFTY have assumed a lot of importance as the index had staged a breakout above this point but ended up slipping below this level following a full throwback. In the previous editions of weekly technical notes, it has been mentioned... READ MORE
When I worked on the institutional buyside, we had the opportunity to hear from lots of brokers, strategists, and analysts in the industry. And I was thrilled to have some of the top technical analysts around coming through to talk charts with us. One of my favorite questions to ask... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews some of the key events driving price action as we head into the New Year. She also highlights the impact of last week's rise in interest rates, as well as key areas of support for... READ MORE
Warning! Inclement weather at the North Pole might impact Santa's trip to Wall Street. As the end of the year approaches, you're likely to hear the term 'Santa Claus rally" come up often. But what exactly is it, and how can traders and investors... READ MORE
What will the stock market look like in 2023? It's hard to tell, but these five charts could elevate your market awareness by a few notches. Forecasting stock price movement is never easy, not even for the most experienced stock investor. As an investor or trader, the closest... READ MORE
Reminder: Prices go up for new DecisionPoint.com subscriptions in January. Details are below the article. Crude Oil has been in a short-term declining trend since the beginning of November. Big picture, it is in a large trading range. After spending so much time being beat down, crude is... READ MORE
Even the biggest Grinches on Wall Street might need to rethink their outlook for the final trading days of 2023, as U.S. stocks rallied on surprising consumer confidence numbers and strong earnings from Nike (NKE) and FedEx (FDX). This is cause for some holiday cheer, signaling that good financial... READ MORE