DOW CONTINUES TO LEAD... The market ended the Thanksgiving week with the Dow gaining ground on Friday while the S&P 500 and and Nasdaq ended the day lower. For the week, all three gained ground with the Dow in the lead and the Nasdaq turning in the weakest... READ MORE
I'm seeing more and more industry groups that have either broken out above August highs or on the verge of doing so. Meanwhile, I believe it's important to focus on individual stocks within these improving groups for possible trading candidates. I prefer sticking with leading stocks... READ MORE
The higher lows in the S&P 500 Index are giving investors and traders some hope. Will the gains continue? We're heading into the Thanksgiving holiday with a somewhat positive outlook from the stock markets. After a challenging year, with the markets reaching their all-time highs... READ MORE
Today the Industrial Select Sector SPDR (XLI) 50-day exponential moving average (EMA) crossed up through the 200-day EMA (Golden Cross), generating an LT Trend Model BUY signal. While this is an encouraging event, we note that most indicators on the chart below are overbought -- specifically, the PMO, Silver... READ MORE
Hey Chartwatchers! Have you ever thought about how dividends may impact the price of your dividend-paying stocks or funds? Dividends are like the cherry on the cake. They give you a little extra money for investing in a company. Not all stocks pay dividends, but for those that do,... READ MORE
As the Thanksgiving holiday shopping season approaches, let's look at our Big View leading sector exchange-traded funds (ETFs) and the current tug-of-war between Consumer Discretionary (XLY) and Consumer Staples (XLP). The chart displays the price spread between Consumer Discretionary (XLY) over Consumer Staples (XLP). Consumer... READ MORE
Last May, I wrote an article entitled "Bitcoin Bubble Finally Bursts", where I laid out the technical case for substantially lower prices. It was partially based on the fact that the 18-month ROC had peaked from a level in excess of 200%. My research, featuring 26 case... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I present a big sector special for the Consumer Discretionary sector. This follows a very brief review of Asset Classes and, more specifically, BTC, followed by a quick look at general sector rotation. For Consumer Discretionary, I highlight the difference... READ MORE
The market had a relatively quiet day as investors look to the Thanksgiving holiday. Stocks did end lower on Monday, with the QQQs declining 1.1%. DIA lost 0.06% today. As seen in the chart above, starting from October 11, 2022, the Dow Jones (represented by DIA) outperformed the... READ MORE
On this week's edition of The DecisionPoint Trading Room, Carl starts the show with a look at Bitcoin alongside the market overview. Erin finds two sectors with promise, as well as a review of the groups within. They finish with discussions on some viewer symbol requests! This video... READ MORE
I always stress the importance of combining technical and fundamental analysis. I practiced in public accounting for more than 20 years, with most of that time spent at a large, regional CPA firm in the Washington DC area. While I believe technical analysis is an absolute necessity to observe price/... READ MORE
The markets navigated the past week quite on the analyzed lines; what we witnessed was a classical consolidation taking place. The NIFTY did not take any directional move throughout the week. Intermittent profit-taking bouts were seen; however, these phases saw the markets recovering from the lower levels. The NIFTY... READ MORE
The markets ended the week flat-to-down as investors digested remarks from Fed officials, who were intent on removing pivot hopes that followed soft CPI and PPI reports. Both inflation reports came in below expected, which was certainly encouraging. Mixed earnings reports from major retailers Walmart (WMT) and Target... READ MORE
On this week's edition of Moxie Indicator Minutes, TG explains that the market has been pulling back after the 2-day jump from CPI, which makes sense considering how vertical the move was and unsupported. Now, with the pullback, we have to determine if it is into support... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson dives into dividends, showing you how to adjust your charts to either include dividends, or to take the impact of those payments out and leave your chart unadjusted for dividends. Plus, Grayson presents other ways to... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, after a review of current markets and headline news, Mary Ellen takes a look at the continuing theme of stocks being driven higher by positive earnings reports. She closes the show with some "Thanksgiving" food-related stocks, as... READ MORE
It can take time to determine what financial news to trust and who to follow, with many conflicting market opinions and a 24-hour-driven news culture.That's one reason we use a rules-based methodology and quant modeling, combined with our proprietary trading indicators to help us... 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
I was reviewing my weekly ChartList reports this afternoon and noticed this one, showing the top performing sectors for the week. Only three of the 11 S&P 500 sectors were up on the week: Consumer Staples, Utilities and Health Care. Not exactly an offensive powerhouse on the top... READ MORE
Gosh, I was pleased that so many of you emailed me with your own pearls of wisdom gleaned from ChartCon 2022. It shows once again that investors can look at the same chart and have vastly different takeaways. Likewise, they can attend the same investment conference and have a diverse... READ MORE
2022 has been a tough market for trend-followers, but swing traders have been able to catch a few rides. Trend-followers are suffering because whipsaws are above average this year. A whipsaw occurs when an uptrend cannot extend after a bullish trend signal and the trade results in a... READ MORE
For weeks already, the rotation of the Industrial sector has been continuing its way deeper into the leading quadrant at a strong RRG-Heading. For my appearance on the panel of The Pitch this month, I looked at the Relative Rotation Graph of US Sectors to identify three strong sectors... READ MORE
Read or listen to any financial media outlet and you're likely to hear the words "inverted yield curve." What does that mean and, more importantly, what does it mean for your investments? The shape of the yield curve may not have made the top of your... READ MORE
DOW LEADS WHILE SPX AND QQQ LAG BEHIND... The fourth quarter rally in stocks may be losing some upside momentum. That's especially true of the Dow. Chart 1 shows the Dow Industrials approaching formidable overhead resistance at their August highs. That may be hard to overcome. Charts 2... READ MORE
After showing a great out-performance until the middle of 2022, this key sector index of the Indian markets is showing signs of slowing down. The technical structure of charts shows that, until a particular level is taken out, a potential top may be in place for this sector index.... READ MORE
In this week's edition of the GoNoGo Charts show, Alex and Tyler review cross-asset relationships from a GoNoGo Trend Perspective. NoGo trends on the daily timeframe for USD and TNX provide tailwinds for risk assets. Multiple timeframe analysis reveals that the recent rotation to "risk-on&... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains how his multiple time frame approach can be extremely helpful when determining whether to sell at resistance or buy at support. He shows how to use the smaller timeframe's momentum signs to help make... READ MORE
This post is brought to you by our friends at Chaikin Analytics. Get Chaikin's free e-letter PowerFeed here. Two campers are walking through the woods. Out of nowhere, a grizzly bear appears. The first camper starts to run. The second camper shouts ahead to the first camper... READ MORE
Today, the Commerce Department's retail sales report showed solid consumer spending. Yet robust retail sales data failed to boost the market. Consumption accounts for approximately 70% of our economy. SPDR S&P Retail ETF (XRT), or Granny Retail, is a large, diversified ETF representing broad market consumption.... READ MORE
In this special presentation from GoNoGo Charts, Alex and Tyler illustrate volatility compression in the lifecycle of a trade. See how they utilize this tool for entering trend continuations or reversals, with a view on the current market environment. This video was originally broadcast on November 16, 2022. Click this... READ MORE
The economy may be slowing, but the cash registers keep on scanning. October retail sales were up 1.3%—a sign people are shopping and spending money. The increase in retail sales may not have been evident in Target's (TGT) earnings, but TJX Companies (TJX) saw its stock... READ MORE
On this week's edition of Trading Simplified, Dave continues his discussion on getting ready for the next bull market. This week, he elaborates on trading emerging trends, with a focus on his First Thrust, Bowties, and First Kiss After Daylight setups. For his methodology in action, he shows... READ MORE
At EarningsBeats.com, we're one day away from the most exciting day of our quarter. I call it our Portfolio "Draft". I'll be announcing the 10 equal-weighted stocks that are included in each of our three portfolios - Model, Aggressive, and Income. We may... READ MORE
Semiconductors are an essential part of our daily lives, a geopolitical football of national security interests, and chips are increasingly in demand. Meet Sister Semiconductor (SMH), also known in trading circles as the VanEck Semiconductor ETF (SMH). SMH potentially indicates new leadership in the beaten-down tech industry. Today, institutional... READ MORE
Last week, I wrote that the dollar and commodities were poised at inflection pointsand we should be on the lookout for an important move in both. The U.S. Dollar Index ($USD) obliged with the completion of a head-and-shoulders top, as shown in chart 1. It's... READ MORE
Wash, rinse, repeat. We're seeing a scenario very similar to what we saw last Thursday, when the Consumer Price Index data was released. Today's Producer Price Index (PPI) also showed signs that inflation may be cooling. The softer-than-expected October PPI number was news that... READ MORE
The end of this year is close, so this will probably be the last special for Larry for 2022. But is the year going to close in a good or bad way? In this exclusive StockCharts TV special, Larry explains why he thinks it will be in a good way.... READ MORE
This episode of StockCharts TV's Sector Spotlightis dedicated to a review of the current state of sector rotation in both asset classes and sectors. At Asset Class level, the rotations for the USD and its digital counterpart Bitcoin are worth a closer look as both are showing interesting... READ MORE
As the winter season approaches, I'm going to suggest that you consider buying into what might seem to be a warm weather industry—home construction ($DJUSHB). The "go away in May" theory applies very strongly to this cyclical group. Over the past 20 years, the average... READ MORE
The retail sector soared after the CPI report last week, as represented above by Granny Retail, the lead shopper of Mish's Modern Family, SPDR S&P Retail ETF (XRT). The latest Consumer Price Index (CPI) reading came in at 7.7% versus 7.9% showing 0.20%... READ MORE