KEY TAKEAWAYS * Homebuilders are getting ready for a potential comeback in 2025. * Many homebuilder stocks are exhibiting tepid-to-poor technical strength. * When the homebuilding industry flips to the upside, there are undervalued names that could offer early investment opportunities. Homebuyers are still on the sidelines, waiting for better mortgage rates, while... READ MORE
KEY TAKEAWAYS * Use the SCTR scan to help you find technically strong stocks. * Filter scan results further using additional criteria such as trends and momentum indicators. * Narrow your analysis further with additional criteria and add the most likely candidates to a watchlist. When the stock market hesitates to move in... READ MORE
KEY TAKEAWAYS * Carnival Corp occupies the top spot for new highs across different timeframes. * Delta Air Lines and United Airlines, two other transportation companies, have also gained new highs. * Compare Carnival Corp, Delta, and United stock price action and determine which might present a strong opportunity in the coming weeks.... READ MORE
As part of today's coverage of the Magnificent Seven we remind you when the big mega-caps are reporting and give you are current perspective of each. We also cover all of the Magnificent Seven in the short and intermediate terms with daily and weekly charts. Carl gives us... READ MORE
KEY TAKEAWAYS * Trend and momentum are proven concepts we can use to improve our edge. * Longer timeframes are better for trend-momentum * CandleGlance charts make it easy to rank and sort for momentum. There are no magic bullets, but we can improve our trading edge by starting our selection process with... READ MORE
The over-deviated markets continued to extend their losses for the fourth week in a row. The Nifty remained largely under sustained selling pressure over the past five days, barring a few feeble attempts to stage a technical rebound. The markets extended their downsides while giving up key supports on the... READ MORE
KEY TAKEAWAYS * Tech stocks gained some ground this week after better-than-expected earnings from Tesla. * US Treasury yields continue to rise. * Bullish momentum keeps gold prices rising higher. Although earnings season is in full swing, trading volume has been relatively light this week. Perhaps investors are waiting for the stock market... READ MORE
KEY TAKEAWAYS * Asian stock markets showing strong relative trends. * Meanwhile, India, Mexico, and Brazil are nosediving. * Overall, the US is stull beating Europe. The global stock market is a big place, and it extends far beyond the borders of the United States. While the US market is undeniably the largest... READ MORE
KEY TAKEAWAYS * TSLA stock soared on upbeat Q3 earnings report. * TSLA's stock price has broken above the upper Keltner Channel, indicating strength and the early stages of an uptrend. * Adding a momentum indicator like the StochRSI to Tesla's stock analysis can help make smart trading decisions.... READ MORE
Since 2011, the US stock market, represented by the S&P Composite, has outperformed the world. In the last couple of weeks or so, it has managed to break out from a trading range in its relationship with the rest of the world and looks headed even higher on... READ MORE
KEY TAKEAWAYS * Predefined Scans is a tool you can use to find tradable opportunities in up and down markets. * Coordinating your scans with the SCTR Report can increase your chances of finding strong stocks to trade. * Applovin Corp has been on the radar for months, and its chart displays the... READ MORE
Carl explores which index is best...the SP600 (IJR) or Russell 2000 (IWM). He makes a comparison over time and reveals which tends to be the better performer. Which one should you use to analyze what is happening in small-caps? Carl gives us his market outlook as prices pullback today.... READ MORE
The markets closed on a negative note for the third week in a row; over the past five sessions, the Nifty remained largely on a declining trajectory, except for the last trading day where it saw some relief rally from the lower levels. Following a strong weekly decline of 1167... READ MORE
KEY TAKEAWAYS * The MACD and PPO indicators are trend-following devices designed to confirm a trend reversal has occurred. * The histogram shows when the MACD indicator is showing signs of a potential reversal, providing more of a leading indicator. * Investors can use other indicators, such as the Chandelier Exit system, on... READ MORE
KEY TAKEAWAYS * The S&P 500 and Dow Jones Industrial Average closed at record highs. * Gold prices are on fire, closing at a record high. * Bitcoin breaks out of a consolidation pattern. Despite a light economic data week, the stock market continued its rally, with the S&P... READ MORE
KEY TAKEAWAYS * Sector Rotation Model and current sector rotation are not supporting broad market strength. * Plotting the members of $INDU on a Relative Rotation Graph helps find the best names in that universe. * TRV, WMT, and AXP are still strong, but now have too much risk for new positions. * CAT,... READ MORE
KEY TAKEAWAYS * Disney's stock price has the potential to rise higher. * A call vertical spread could be a viable strategy to trade Disney stock as a less expensive alternative to trading a long call. * The long call vertical for DIS can also offset some of your risks. Walt... READ MORE
KEY TAKEAWAYS * Dell's stock price continues its near-term uptrend after bottoming in August. * A cross above 70 in the SCTR line will signal increasing technical strength for Dell stock. * Set price alerts for Dell stock so you're notified when the stock price hits a specific threshold.... READ MORE
KEY TAKEAWAYS * United Airlines stock took off on solid earnings. * UAL has broken above a consolidation pattern and is ascending to a higher altitude. * Look for a pullback before entering a long position in UAL. Airline stocks had a strong day, with United Airlines (UAL), American Airlines (AAL), and Delta... READ MORE
KEY TAKEAWAYS * American Tower is a Real Estate Investment Trust (REIT) stock that's on the verge of an upside breakout. * The weekly chart of American Tower shows clear resistance and support levels that can help identify entry points. * Look for American Tower's stock price to reach... READ MORE
KEY TAKEAWAYS * Use the StockCharts MarketCarpets to get a fast snapshot of market trends without sifting through endless news. * Toggle between performance and technical rankings like SCTR to find hidden opportunities. * Make MarketCarpets part of your daily routine to catch opportunities faster than traditional methods. When Wall Street rings its... READ MORE
It's time to put Semiconductors in the spotlight. NVDA is starting to trade at all-time highs again and that is likely to bring the Semiconductor industry group up to its own all-time highs. Erin discusses Semiconductors "under the hood" and highlights the NVDA chart. Carl brings... READ MORE
The week that went by was in complete contrast to the week before, as the markets heavily consolidated in a tight range. In the previous week, the Nifty had seen a significant retracement of over 1167 points; however, over the past five trading days, the index stayed totally devoid of... READ MORE
KEY TAKEAWAYS * SPY is starting to resolve its negative divergence with RSI. * Large-cap growth is coming back into favor. * Magnificent 7 stocks provided 2.9% of the S&P 50's 6.8% performance over the past five weeks. Where is the Recent Performance in the S&... READ MORE
KEY TAKEAWAYS * Doing a top-down sector-to-industry analysis can be an effective way to find tradable opportunities. * It makes sense to compare charts to see which ones are outperforming and which are underperforming. * Get a bigger picture, drill down using relative performance indicators, and then examine specific key levels of each... READ MORE
KEY TAKEAWAYS * Carvana stock is back on top of the Top 10 Large-Cap SCTR Report. * If you have a long position in Carvana, monitor your positions carefully. * The stock has the potential to rise much higher, so enjoy the ride while you can. Apologies for revisiting Carvana (CVNA), but it... READ MORE
During today's market analysis Carl laid out his reasons why we believe we are at a market top. He discusses the current market price action combined with exclusive DecisionPoint indicators to substantiate his position. Don't miss his analysis. Carl also goes though the Magnificent Seven by... READ MORE
On the back of one of the major FII selloffs seen in recent times, the markets succumbed to strong corrective pressure through the week and ended on a very weak note. The Nifty 50 remained under selling pressure; at no point in time did it show any intention to stage... READ MORE
KEY TAKEAWAYS * The macro picture of the US economy remains strong with the broader equity indexes in an uptrend. * There has been some rotation in the sectors with Energy taking the lead as a result of rising crude oil prices. * Use the StockCharts MarketCarpet to select stocks for your ChartLists.... READ MORE
KEY TAKEAWAYS * Vistra Energy can be a big player in providing nuclear power to AI companies. * Vistra Energy's stock price has hit an all-time high. * There are support levels on the daily price chart that could present buying opportunities in VST. Utility stocks are now becoming cool. Going... READ MORE
In today's free DecisionPoint Trading Room, Erin pulls out her exclusive DecisionPoint Diamond Scans and finds us some new and interesting stock symbols to explore further. These scans are very powerful and bring the best charts to your attention. DecisionPoint has a new Scan Alert System for purchase... READ MORE
KEY TAKEAWAYS * The stock market got an influx of positive news, bringing bullish momentum. * The Dow Jones Industrial Average closed at a record high on Friday. * Investors are rotating out of mega-cap tech stocks and into other areas such as precious metals, as well as China-related stocks and ETFs. There&... READ MORE
As we near the end of what has been a fairly solid Q3 for the equity markets, we are left with the eternal question for investors: "What's next?" We now have the Fed's first rate cut in the rearview mirror, with multiple rate cuts... READ MORE
On Friday mornings in our DP Diamonds subscriber-only trading room, the DecisionPoint Diamond Mine, I like to look for a "Sector to Watch" and an "Industry Group to Watch" within. These are for your watchlist and not necessarily ready for immediate investment. In the case of... READ MORE
KEY TAKEAWAYS * Negative divergence remains a distracting factor * Defensive rotation still present * Industrials and Materials on positive track toward leading RRG quadrant Despite a backdrop of conflicting market signals, there are still sectors within the S&P 500 that are showing promising movements and potential opportunities for investors. Today,... READ MORE
KEY TAKEAWAYS * Stocks, commodities, and crypto prices soared after China announced its stimulus package, but pulled back slightly after the news. * Metal prices are still holding strong while oil prices pulled back. * Escalating geopolitical tensions don't seem to be impacting the stock market much at the moment. Tuesday&... READ MORE
In today's free DP Trading Room Carl reviews the charts of two new members to the SP500, Dell (DELL) and Palantir (PLTR). Are they poised to break out on this news? Carl also discussed the inflation on housing prices to open the show. Before going over the signal... READ MORE
In this StockCharts TV video, Mary Ellen reviews the broader markets after last week's rate-cut induced rally. She also shares stocks that are breaking out of bases and poised to trade higher. The "nuclear renaissance" is also discussed, as well as stocks that will benefit the... READ MORE
KEY TAKEAWAYS * The Dow Jones Industrial Average closed at a new all-time high. * Stock market indexes still have bullish momentum in spite of up and down movement. * Bond prices could stabilize after digesting the interest rate cut. The Federal Reserve's interest rate cut decision on Wednesdaywas like receiving... READ MORE
KEY TAKEAWAYS * Sector Rotation remains defensive * S&P chart showing resemblence to late 2021 * Negative divergences still in play First of all, I apologize for my absence this week. I caught something that looked like Covid, and felt like Covid, but it did not identify (pun intended) as Covid.... READ MORE