KEY TAKEAWAYS * SMH has broken out of its three-month trading range. * Trump's $500 billion Stargate AI initiative has injected optimism into the sector, accelerating gains in AI-related semiconductor stocks. * Monitor the key levels for Nvidia, Broadcom, and TSMC for buying opportunities. In the last quarter of 2024, semiconductors... READ MORE
KEY TAKEAWAYS * Short term strength drags enery sector up * Long term strength keeps consumer discretionary on top * Massive upside potential ready to get unlocked in EOG I have been traveling in the US since 1/15 and attended the CMTA Mid-Winter retreat in Tampa, FL 1/16-1/17 and then... READ MORE
In this exclusive StockCharts video, Joe demonstrates how to use the 1-2-3 reversal pattern as a buy signal on the weekly chart. This approach can be used when the monthly chart is in a strong position. Joe shares how to use MACD and ADX to help when the trendline pattern... READ MORE
KEY TAKEAWAYS * Cisco Systems' stock has made substantial investments in AI, which has helped the stock rally higher. * CSCO's stock price has been making all-time highs recently and is worth monitoring. * Look for a pullback and reversal with strong momentum before entering a long position. When you... READ MORE
KEY TAKEAWAYS * Energy replaces Technology in top-5 * Financials rise to #2 position pushing XLC down to #3 * Top-5 portfolio out-performs SPY 0.52% * A closer look at the (equal) weighting scheme Energy Replaces Technology At the end of this week, 1/17/2024, the Technology sector dropped out of the... READ MORE
KEY TAKEAWAYS * The S&P 500 experienced a sudden upside reversal to finish the week right around the 6000 level. * If the market reacts positively to earnings, and Trump's new administration takes a more conservative approach, we could see the S&P 500 reach 6500 by... READ MORE
As advancements in medical technology continue to shape the healthcare landscape, DexCom, Inc. (DXCM) stands out with its innovative continuous glucose monitoring solutions. Recent price action suggests that DXCM's stock price has triggered a potentially new bullish run. In this article, I will examine the technical and fundamental... READ MORE
KEY TAKEAWAYS * Quantum computing stocks may be bouncing back. * Four stocks made it to the Top 10 SCTR Report in the mid-cap category. * Watch for quantum computing stocks to gain momentum and revisit their 52-week highs. Jensen Huang may have burst the quantum computing bubble when he said it would... READ MORE
KEY TAKEAWAYS * Financials represent one of the top sector weights in the IWM, and banks have kicked off earnings season with renewed strength. * A resurgence in biotech stocks, one of the largest industries represented in the IWM, could provide an upside catalyst. * US Dollar strength could adversely impact mega cap... READ MORE
In this exclusive StockCharts video, Joe demonstrates how to use the 1-2-3 reversal pattern as a buy signal on the weekly chart. This approach can be used when the monthly chart is in a strong position. Joe shares how to use MACD and ADX to help when the trendline pattern... READ MORE
In this video, Tony starts the week with a very different tone as he looks at how markets are currently playing out. He then shares individual trade ideas, pointing out which ones they continue to have a bullish or bearish outlooks on. He looks at some key stocks including META,... READ MORE
The markets extended their decline over the past five sessions and ended the week in a negative way. While the week started on a bearish note, the Nifty violated a few key levels on higher and lower time frame charts. Along with the weak undercurrent, the trading range widened again... READ MORE
KEY TAKEAWAYS * Stock market indexes end the week lower on concerns of fewer rate cuts in 2025. * Treasury yields rose on strong jobs data. * Strong earnings from Delta Air Lines helped boost airline industry stocks. December non-farm payrolls data came in much hotter than expected. More jobs were added, the... READ MORE
KEY TAKEAWAYS * The best five sectors remain unchanged. * XLC and XLF are both starting to show weakness. * XLI is holding above support, while XLK remains within rising channel. The composition of the top five sectors remains unchanged this week, despite an interrupted trading week. This stability comes against a backdrop... READ MORE
KEY TAKEAWAYS * StockCharts' New Highs tool is invaluable for spotting outliers during market uncertainty. * In the case of BSX stock, the New Highs spotted a stock that's significantly defied the healthcare sector's bearish trend. * BSX may soon be approaching a buy point if you'... READ MORE
In this exclusive StockCharts video,Julius takes a look at what he recently called "The Best Five Sectors" on a relative rotation graph side-by-side with their price charts. He then takes an in-depth at Consumer Discretionary, and shares some interesting stocks within, including AMZN, ULTA, and more. This... READ MORE
In this exclusive StockCharts video, Joe shares how to identify the best entry point by using two timeframes, Moving Averages, MACD and ADX. He shows two different examples of when to pull the trigger. Joe highlights weakness in the Large Cap universe, and finally goes through the symbol requests that... READ MORE
In this video, after a general market and sectors review, Tony shares the latest OptionsPlay trade ideas, including bullish and bearish ideas for GOOGL, NVDA, DIS, SHOP, and many more. He analyzes sector rotation with RRGs, and takes a look at key earnings. This video premiered on January 7, 2025.... READ MORE
In today's free DP Trading Room Carl and Erin discuss whether this market rally can get legs and push the market even higher? Mega-caps are looking very positive with the Magnificent Seven leading the charge. Technology is showing new strength along with Communication Services. Carl starts the trading... READ MORE
KEY TAKEAWAYS * No Santa Claus Rally this year, but the stock market's optimistic price action on Friday lifted investors' moods. * Stocks like TSLA and NVDA had big gains while X, CVNA, and alcoholic beverages had big declines. * Treasury yields and the US dollar remain high, and oil... READ MORE
KEY TAKEAWAYS * SQ stock's recent price action makes it a candidate for a favorable risk/reward options strategy. * Fundamentally, SQ stock looks promising, with attractive valuation, robust growth metrics, and recent earnings. * A bull put spread would be an ideal strategy to take advantage of SQ stock'... READ MORE
HAPPY NEW YEAR!!! Ever since the introduction of RRG back in 2011, many people have asked me questions like: "What is the track record for RRG" or "What are the trading rules for RRG"? My answers have always been, and will continue to be, "There... READ MORE
KEY TAKEAWAYS * The stock market's annual performance has been stellar, with the S&P gaining over 23%. * Take care to monitor the three S&P 500 stocks with the strongest technical rank in 2025. * Make use of scanning tools to help filter stocks that meet your... READ MORE
It's an interesting market day with the market moving lower despite positive seasonality. Natural Gas (UNG) broke out in a big way up over 15% at the time of writing. Is it ready to continue its big run higher? Carl took the day off so Erin gave us... READ MORE
After suffering a brutal selloff in the week before this one, the Nifty spent the truncated week struggling to stay afloat just below the key resistance levels. With just four working days, the Nifty resisted each day to the 200-DMA and failed to close above that point. The trading range... READ MORE
KEY TAKEAWAYS * Quantum computing stocks have been rising since November. * Four quantum computing stocks were in the "Small-Cap, Top 10" category in the StockCharts Technical Rank (SCTR) report. * You can also gain exposure to quantum computing stocks by investing in the Defiance Quantum ETF. Qubits, quantum advantage, gate... READ MORE
In this video, after a rundown of the general markets and sectors, Tony brings you the latest options trade ideas. These include a number of bullish and bearish ideas, including DIS, AAPL, META, BA, LULU, and many more. This video premiered on December 23, 2024.... READ MORE
KEY TAKEAWAYS * After a pullback, META's stock price could be ready for a reversal. * The uptrend is still on from a weekly perspective, but the daily chart shows the price is at a crossroads and could move in either direction. * If META's stock price is too... READ MORE
In today's free DecisionPoint Trading Room Carl discusses volume spikes and how we have to analyze big volume spikes carefully to determine whether they express a confirmation of a move or whether they are a special case and do not really provide insight. Carl goes over the signal... READ MORE
KEY TAKEAWAYS * The broader stock market indexes closed higher on Friday but lower for the week. * Market breadth continues to be weak despite Friday's rally. * More follow-through next week is required to confirm a reversal and the hope for a Santa Claus rally. A smart investor listens to... READ MORE
KEY TAKEAWAYS * Semiconductors are caught in a tug-of-war with AI demand on one side and tariff fears on the other. * The industry's technical performance shows a narrow standstill that can break either way. * Watch SMH and its top three holdings—NVDA, TSM, and AVGO—for insights into timing... READ MORE
KEY TAKEAWAYS * Track the Yield curve moving back to normal on RRG * USD showing massive strength against all currencies * Stock market drop not affecting sector rotation (yet) The Yield Curve The RRG above shows the rotations of the various maturities on the US-Yield Curve. What we see at the moment... READ MORE
KEY TAKEAWAYS * Broader stock market indexes got a bearish jolt on Wednesday. * Gold, silver, and cryptocurrencies joined the equity selloff. * Treasury yields and the US dollar jump higher. Uncertainty in the stock market makes it difficult to make investment decisions. When investors sell off stocks, everyone follows without giving it... READ MORE
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