Today Erin looks at the Broadcom (AVGO) chart and compares it to the NVIDIA (NVDA) chart. She shows us the differences between the two and tells you whether she believes AVGO will be the new NVDA, meaning it will perform as NVDA used to perform with a concerted move up... READ MORE
The markets had a wide-ranging week once again; however, they ended near its high point this time. The Nifty had ranged sessions for four out of five days; the last trading day of the week saw the Nifty swinging wildly before closing near its high point. The trading range also... READ MORE
In this video, Mary Ellen highlights how select M7 stocks, mostly TSLA, propped the markets up while some sectors continued to trend lower. She reviews how to find entry points in winning stocks, and also discusses why Small Caps are falling. This video originally premiered December 13, 2024. You can... READ MORE
In recent interviews for my Market Misbehavior podcast, I've asked technical analysts including Frank Cappelleri, TG Watkins, and Tom Bowley what they see happening as we wrap a very successful 2024. With the Nasdaq 100 logging about a 30% gain for 2024, it's hard to imagine... READ MORE
Despite its position as a luxury automaker synonymous with prestige and performance, Ferrari N.V. (RACE) may be showing signs of a near-term downturn. Recent price action, coupled with stretched valuations and slowing shipment trends, suggests that RACE may face potential downside. By incorporating both technical and fundamental analysis, we... READ MORE
KEY TAKEAWAYS * CSCO stock has pulled back to its 21-day exponential moving average and is poised for a reversal. * Monitor the stochastic indicator to confirm a reversal in CSCO's stock price. * If you enter a long position in CSCO, establish your stop loss and have the discipline to... READ MORE
KEY TAKEAWAYS * SOFI's stock price recently appeared in the SCTR Report's top 10 list in the large-cap category. * After a strong two-month rally, the fintech stock is now pulling back. * Monitor SOFI's chart and watch key levels closely as the stock approaches a potential... READ MORE
In this exclusive StockCharts video, Joe shows how to use the MACD zero line as a bias for a stock. As opposed to offering a buy signal, this Zero line level can provide insight into a market or stock's underlying condition; Joe shows how to refine that information... READ MORE
In this exclusive StockCharts video,Julius gives a quick update on sector rotation, then examines the strength uncovered in Consumer Discretionary. He analyzes names like TSLA, AMZN, and LULU; some are in full swing uptrends, but there are also a few names that are on the verge of turning around... READ MORE
KEY TAKEAWAYS * The S&P 500 and Nasdaq Composite are inching toward key support levels. * Gold prices have risen on news of China's central bank's decision to buy gold. * NVDA is under investigation for antitrust activities, and its stock price is declining. The Tuesday afternoon... READ MORE
In this video, Dave unveils his "line in the sand" technique to help determine when stocks in established uptrends may be near the end of the bullish phase. He'll share specific levels he's watching for the S&P 500, AMZN, TMUS, and KR,... READ MORE
Looking for options trade ideas? In this video, Tony presents some of the best options trading strategies! After discussing special 0DTE strategies, the big picture, and individual sectors and industries, Tony covers bullish and bearish ideas for stocks including NVDA, SHOP, GOOGL, META, CAT and many more. This video premiered... READ MORE
KEY TAKEAWAYS * Tractor Supply Co. may be setting up for a declining move in its stock price. * Take advantage of the downside move in Tractor Supply using a call vertical spread. * Monitor the OptionsPlay scans to identify options strategies to apply to stocks like Tractor Supply Co. Despite attempts to... READ MORE
Today Carl looks at the 26 indexes, sectors and groups in a CandleGlance to see how the indexes stack up. It is clear that all of the indexes are as good as they can get. Carl warns that when things are as good as they can get, the only place... READ MORE
The markets closed with gains for the third week in a row, as key indices posting gains while extending their technical rebound. The Nifty trended higher most of the week. The volatility was largely absent, but the Indices stayed quite choppy on most days except the last, where it remained... READ MORE
KEY TAKEAWAYS * The broader stock market indexes continue to notch new record highs. * Risk appetite is strong as Bitcoin rises while Treasury yields and volatility retreat. * Earnings from Oracle, Adobe, Broadcom, and Costco may move the stock market next week. The first trading week in December started on a positive... READ MORE
After a broad market review, Mary Ellen shares strategies for trading pull backs and breakouts in stocks. Highlights include a deep dive into ARK's Innovation ETFs and their holdings, locating market strength in the process. Tune in for valuable insights and tips to help you make informed investment... READ MORE
KEY TAKEAWAYS * Low VIX reading implies that conditions are favorable for stocks. * The MOVE index is basically a VIX for bonds, and can help to corroborate volatility readings across asset classes. * High yield spreads remain quite narrow, implying bond investors perceive a low risk environment. "The market goes up... READ MORE
KEY TAKEAWAYS * Growth stocks are regaining leadership over value. * Small and mid-cap growth sectors are leading the charge. * Large-cap value is currently the weakest market segment. Growth vs. Value Rotation: The Pendulum Swings Again Relative Rotation Graphs (RRG) are not just good tools to use in analyzing sector rotation; they&... READ MORE
KEY TAKEAWAYS * CSCO stock has been in a slow uptrend since August and is outperforming the Nasdaq Composite. * CSCO's stock price is at an all-time high and indicators suggest the stock can continue trending higher. * Look for a pullback and a bounce off its 21-day exponential moving average.... READ MORE
KEY TAKEAWAYS * Assess the cumulative strength or weakness of a stock's up and down days to help decide on a prospective trade or investment. * MarketCarpets can comprehensively display the cumulative strength or weakness of stocks in a specific group, such as the S&P 500. * Discover how... READ MORE
KEY TAKEAWAYS * The technology sector got a boost from Salesforce's stellar rise in stock price. * In lieu of purchasing shares of Salesforce stock, you could try trading options on the stock. * The call vertical spread is an optimal strategy to take advantage of Salesforce's growth. When... READ MORE
KEY TAKEAWAYS * On Monday, Super Micro Computer Inc. (SMCI) jumped 29%. * Bullish investors began buying SMCI on news of the company's financial stability after its 85% plunge in November. * Watch the $50 resistance level in SMCI's stock price, in addition to other key levels, as a... READ MORE
In this video, Tony shows how he starts his week with a clear technical and fundamental perspective of the stocks he's likely going to enter, and of options positions throughout the week, and how you can apply that yourself. Tony shares bullish (NVDA, DIS, SHOP) and bearish (AAPL,... READ MORE
KEY TAKEAWAYS * NVDA's stock price has retested its $130 support level and bounced higher, which could provide a bullish trading opportunity using options. * NVIDIA's fundamentals are compelling and support a rise in its stock price. * Selling a put vertical spread provides a limited-risk scenario with a... READ MORE
On Friday our short-term Swenlin Trading Oscillators (STOs) turned down even after a rally. This is an attention flag that we shouldn't ignore, but what do the intermediate-term indicators tell us? Are they confirming these short-term tops? Carl goes through the DP Signal tables to start the program... READ MORE
Having used many technical analysis platforms over my career as a technical analyst, I can tell you with a clear conscience that the ChartList feature on StockCharts provides exceptional capabilities to help you identify investment opportunities and manage risk in your portfolio. Once you get your portfolio or watch list... READ MORE
KEY TAKEAWAYS * The broader stock market indexes take a breather. The day before Thanksgiving, the stock market took a little breather. But the weekly performance was still impressive. The Dow Jones Industrial Average ($INDU) remains the broader index leader, rising 0.96% for the week. The S&P 500... READ MORE
KEY TAKEAWAYS * MicroStrategy's price is correlated with Bitcoin's. * In 2024, Microstrategy's stock price surged from a low of $43 to a high of $543. * Look for MicroStrategy's stock price to fall between $318 and $320, its next support level. On November 21,... READ MORE
Join Tony as he walks you through a Macro Market outlook, and shares his top bearish and bullish options trading ideas. He talks growth vs. value, commodities, bonds, the Dollar Index, sectors like homebuilders and semiconductors, and stocks like NVDA, DIS, INTC, and more. This video premiered on November 26,... READ MORE
KEY TAKEAWAYS * CrowdStrike's stock price is showing signs of reaching its 52-week highs and breaking above it. * The bull put spread is an options strategy you can implement to take advantage of CrowdStrike stock's bullish move. * A bull put spread will benefit even if CrowdStrike'... READ MORE
Today Carl looks at the small-caps and mid-caps that have now begun to outperform the market. Clearly the rally is broadening, the question now is can we continue to make new all-time highs. It does seem very likely especially given the positive outlook on the Secretary of Treasury nomination. Carl... READ MORE
In a truncated trading week, the Indian equities closed the week with gains thanks to a robust technical rebound that it witnessed on Friday. The Nifty continued to wear a corrective look for three days; on the last trading day of the week, the Index managed to get itself into... READ MORE
In this StockCharts TV video, Mary Ellen reviews the broad-based rally that pushed the Equal-Weighted SPX to new highs. She also shared base breakouts and downtrend reversal candidates in the now hot Retail space, and takes a close look at 3 old school stocks that are seeing AI-related growth. This... READ MORE
KEY TAKEAWAYS * Stock market indexes resumed their bullish trend. * Small- and mid-cap stocks rose the most showing strong upside movement. * Treasury yields rose higher on concerns of reinflation. The afternoon turnaround seems to be more the norm than the exception. Thursday's stock market action followed the trend. What... READ MORE
KEY TAKEAWAYS * AppLovin has risen 1,303% since the SCTR Report first gave the green light on the stock. * Other StockCharts indicators confirmed the opportunity when Wall Street insiders began quietly accumulating the stock. * Key levels in AppLovin's price chart can guide you to enter a long position... READ MORE
KEY TAKEAWAYS * Despite a lot of turmoil, SPY continues to show strong rotations on both weekly and daily RRGs. * Rising yields have not damaged the stock rally yet. * Stock/Bond ratio remains strongly in favor of stocks. After the election, things have hardly settled in the world. New developments in... READ MORE
KEY TAKEAWAYS * Palantir stock sold off significantly on Monday and may be ripe for a turnaround. * The pullback in Palantir stock could be an opportunity to enter a long position. * The chart of Palantir's stock price indicates increased buying pressure, but more upside momentum is needed to enter... READ MORE
Join Tony as he walks you through a Macro Market outlook, where he shares his top bearish and bullish options trading ideas, These include Disney (DIS), Shopify (SHOP), Intel (INTC), Adobe (ADBE), and Apple (AAPL). He explores growth vs. value, current sector rotation, key earnings, and more. This video premiered... READ MORE
Today we explore the bullish sentiment that has taken SPX valuations to the moon. There are many out there that believe we have hit a plateau on prices that will continue permanently. We talk about the quote: "Stock prices have reached 'what looks like a permanently high plateau,... READ MORE