In this week's edition of Moxie Indicator Minutes, TG starts out with a deep dive of the SPY's price action. What does yesterday's sideways chop mean for the direction of the market? TG then talks about the recent 20% overall correction we have seen.... READ MORE
S&P 500 REMAINS IN DOWNTREND...Stock prices continue to weaken with no sign of a bottom. The daily bars in Chart 1 show the S&P 500 having fallen to the lowest level in more than a year and nearing a 20% loss which signals a bear... READ MORE
Defense is still the play on this week's edition of the GoNoGo Charts show. Wednesday's heavy selloff has tempted many analysts to go "bottom fishing" for oversold opportunities. But, instead of forecasting a market bottom, investors can use the weight of the evidence in... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe Rabil discusses how he uses the RSI indicator. He has 2 different forms of RSI, which he overlays onto the same scale. He shows how it can be helpful to pinpoint areas for longs and shorts and... READ MORE
Many investment "truths" seem to go unchallenged but are in fact, very clearly just myths. Buy and hold investing is a good long-term strategy, economists are good at predicting the markets, diversification will protect you from losses, compounding is the eighth wonder of the world, missing the best... READ MORE
The Rally failed to carry the major indices past key resistance levels. This can be seen in the above chart of the S&P 500 (SPY), Nasdaq 100 (QQQ) and the Russell 2000 (IWM). Lines are drawn for previous support levels that, once broken turned into important resistance points... READ MORE
On this week's edition of Trading Simplified, Dave revisits his discussion on how simplified technical analysis boils down to performance: you buy markets when they are performing well and sell them when they are underperforming. He then explains why even longer-term investors must factor performance into their investments.... READ MORE
So far, this week has been huge for wheat (WEAT) and sugar (CANE), with both gapping up on Monday and continuing higher. Soft commodities have been on the move, as supply chain issues involving China's COVID cases spiking and Ukraine cutting its wheat output have rapidly increased prices.... READ MORE
In this edition of StockCharts TV's Sector Spotlight, I very briefly touch on the rotation for asset classes, then spends a bit more time on sectors. I highlight how defensive sectors are still in the driving seat, but also alerting that one sector that could come up as... READ MORE
In this special edition of DecisionPoint, Erin goes through the primary chart patterns and how they can be used to determine upside and downside targets. She discusses how the market in general can affect the resolution of chart patterns. Regardless of the type of market environment, chart patterns give you... READ MORE
On Monday, the small-cap index Russell 2000 (IWM) tested its past Friday high at $179.41, but ultimately could not hold. Just above this price level stands the 10-day moving average at $179.86; this will be the next pivotal area for IWM to clear if we are going to... READ MORE
Chart 1 shows that the Invesco DB Commodity Tracking Fund could be on the verge of breaking out from a 3-month consolidation pattern. It also points out that the number of commodities participating in the rally has been narrowing of late. That's because the indicator monitoring a universe... READ MORE
Following my article "Which Stocks Inside The Dow Are Worth Holding?", I received a few questions on using $ONE as the benchmark for a Relative Rotation Graph and whether it would be the better benchmark to use. The honest answer to that question? It depends. Let Me Explain... READ MORE
Everyone is entitled to their own opinion and mine is that the issues we've experienced in the first half of 2022 will be mitigated in the second half. Until 2022, many of you I'm sure viewed me as a perma-bull. I've always said that... READ MORE
The entire week that went by kept the markets under a strong bear grip; all five trading sessions ended on a negative note. The markets continued to witness gaps on the downside; saw some intermittent short-covering but ultimately traded with a negative undertone. The trading range remained more or less... READ MORE
We are now in the seasonally weakest half of the year, which is why "sell in May and go away" comments have made the annual rounds. While the Sell in May approach has not been particularly successfulin recent years, it is indeed based on the general tendency of... READ MORE
The following is a complimentary copy of Friday's subscriber-only DP Weekly Wrap. Want this content in your email box every market day? Subscribe to the DP Alert without delay! It was a volatile trading week, with investors breathing a sigh of relief on today's positive close.... READ MORE
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews today's sharp rally and its impact on the position of the broader markets. She also shares where the sharpest bounces took place and what that means for select groups. This video was originally broadcast on... READ MORE
The carnage in the market, which has resulted from the 30% decline in the NASDAQ since its November 22, 2021 high, is going to be remembered for a long time, especially by those who painfully held on to stocks that, in some cases, fell 50% or more from their all-time... READ MORE
Mish's Economic Modern Family looks to have found temporary support, as each of the members has closed over the prior day's high, providing relief from the downward trend. However, will this last, or is the rally a potential trap before the market breaks lower? If we... READ MORE
In this week's edition of Moxie Indicator Minutes, TG talks about the air pockets he has been seeing, including one on the SPY and IWM. He then talks about his next target and why he is waiting for the SPY to hit 380. This video was originally broadcast... READ MORE
The bigger trend is one of the most important factors to consider when trading stocks or ETFs. We can use trend signals as part of a trend-following strategy or to dictate our trading bias. I look for bullish setups and pullback opportunities when the trend is up. When the trend... READ MORE
Alex and Tyler are back together talking markets from midtown Manhattan on this week's edition of the GoNoGo Charts show. The heavy selling pressure this week has kept US Treasury bonds and major equity indices in strong "NoGo" trends. While many analysts are searching for signs... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe Rabil clears up some of the confusion surrounding the ADX indicator, explaining how it can give us important information in advance of a price move. He also explains the lagging nature of ADX and when it is... READ MORE
INFLATION REMAINS THE BIGGEST THREAT TO MARKETS... It was reported this morning that April's Producer Price Index for the past year came in at 11%. That followed yesterday's report that the Consumer Price Index was 8.3%. Both reports confirm that inflation remains dangerously high with... READ MORE
Taking a step back and looking at important reference points and percentages helps us grasp where the stock market is and where it's potentially going. Focusing on the small-cap index, the Russell 2000 (IWM) has broken its 200-Week moving average at $176.13. The last time IWM was... READ MORE
On this week's edition of Trading Simplified, Dave presents his first of 100 trades, then covers how he sees indicators as illustrators. "Indicators don't 'indicate' and used sparingly, they can help you truly see 'what is.'" He then dives into... READ MORE
This is an excerpt from today's subscriber-only DecisionPoint Alert report... We decided to cover some sentiment charts on the DecisionPoint Show yesterday. It is an interesting picture. Clearly sentiment is bearish. The question is whether it is bearish enough to start expecting a bear market bottom. Let'... READ MORE
On Tuesday, the Nasdaq 100 (QQQ) outperformed the other indexes, ending the day +1.20%, while other major indices closed roughly flat on the day. From the momentum side, our Real Motion (RM) indicator is flirting with the lower band. This can be seen circled in the above chart. If... READ MORE
I have written two articles about Bitcoin in recent months. The first,last December, concluded that "there are definitely some cracks appearing (in the technical structure), but a shrinking consensus of evidence continues to point to an uptrend." Thesecond, entitled "Has the Bitcoin Bubble Burst", noted... READ MORE
In this edition of StockCharts TV's Sector Spotlight, after looking at seasonality and long-term monthly charts in the last two episodes, I dive deep into the current sector rotation as it is playing out in the S&P 500 at the moment. The most important takeaway is... READ MORE
On this episode of DecisionPoint, Carl walks viewers through the FAANG+ mega-cap stocks. Using earnings per share and P/E, Carl shows how to find "fair value" support. Erin discusses oversold indicators now versus 2020 bear market low. She then analyzes technical support levels on the major indexes... READ MORE
All the major indices tumbled on Monday, leading to a large liquidation. Even safety plays, such as precious metals like gold (GLD) and silver (SLV), were down on the day. Many are wondering what to do, as most financial planners tell their clients to hold onto positions since the market... READ MORE
This is a continuation of the previous article. The Dow Jones Industrial Average, also referred to as The Dow by the financial media, is a price-weighted measure of 30 U.S. blue-chip companies. The Dow covers all industries with the exception of transportation and utilities, which are covered by the... READ MORE
If only growth stocks could talk. You've probably heard of the "it's not you, it's me" breakup excuse. Maybe you've had to endure it. Well, in the land of stock market trading, I believe it's a quite valid... READ MORE
In a week that was truncated due to a trading holiday on account of Eid, the Indian equity markets traded weakly for the most part, ending in the red for three out of four sessions. Among these, the last trading day on Friday remained particularly weak. The markets also witnessed... READ MORE
As we closed out 2021, I began discussing sentiment and its need for a "reset." We had moved higher for the better part of two years, and the U.S. stock market had picked up a lot of new "post-pandemic" investors and traders. Unfortunately for this... READ MORE
It's been an extremely tough period for the markets over the past 2 weeks, with oversold rallies giving way to major selling. This uptick in volatility highlights investors concerns as we head into a period of rising interest rates amid what many consider to be an economic slowdown.... READ MORE
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews where the markets stand following last week's volatile price action. She also shares areas that are bucking the downtrend and whether they're poised to trade higher. This video was originally broadcast on May... READ MORE
Some of my most painful experiences as an investor have come when I have been undisciplined. I would get away from my daily and weekly routines, act rashly when I noticed a compelling chart, and usually end up regretting that decision in a big way. I learned that, by going... READ MORE