Understandably, most Middle Eastern country ETFs have performed poorly since the war broke out, but there is one noticeable exception, which I will get to later. Israel First, as might be expected, the iShares Israel ETF (EIS) has moved lower and completed what looks to be a massive top. The... READ MORE
The Million Dollar Stock Market Bet Warren Buffett proved his point in 2016 when he bet $1,000,000 that the S&P 500 Stock Index would outperform hedge funds. His bet was that active investment management by professionals would under-perform the returns of people who were passively investing.... READ MORE
In this week's edition of Moxie Indicator Minutes, TG discusses how breadth continues to be abysmal, and now that some of the mega caps are reporting earnings, they are getting whacked hard. If they can't hold up, most of the market is at risk of moving... READ MORE
The only two sectors to close higher on Wednesday were in the defensive category, Consumer Staples (XLP) and Utilities (XLU). We were already watching XLP as it established a short-term rising trend. What we aren't seeing is healthy participation...yet. We are seeing some expansion in stocks above... READ MORE
Monday, after a lot of spooky headlines, the SPDR S&P 500 ETF (SPY) touched its 23-month moving average (MA) or the two-year biz cycle breakout point right around 417. Plus, the iShares 20+ Year Treasury Bond ETF (TLT)flashed green as didIWM,the small caps. The big question... READ MORE
Most of you know our Big Viewproduct since I often discuss our risk gauges. I can report to you that our risk gauges show three out of the five with risk off. Most interestingly, the SPY continues to outperform the long bonds, risk-on. And junk bonds continue to outperform long... READ MORE
KEY TAKEAWAYS * Tesla's stock formed a symmetrical triangle pattern leading up to Q3 earnings, indicating potential volatility amid indecision * TSLA stock broke below the symmetrical triangle after missing earnings * You can figure out the price target based on a measured move or average statistics Sometimes, a stock'... READ MORE
Considering everything: 1. Yields and mortgage rates 2. War 3. Inflation and rising commodity prices 4. Bank stocks falling 5. Risk Gauges: 2 out of 6 now risk-off To name a few, why, then is the S&P 500 so strong? Here are a few reasons: 1. Fed members... READ MORE
The Home Construction ETF (ITB) led the market the first seven months of the year, but fell on hard times the last two months and reversed its long-term uptrend. Today's report/video will look at the trend reversal in ITB using the RSI Trend Range indicator. We will... READ MORE
KEY TAKEAWAYS * Small cap and retail stocks are rising and need to hold support to clear overhead resistance. * iShares Nasdaq Biotechnology ETF (IBB) should stay within the 120 to 125 range. * Watch the range in regional banks, a potential uptrend in Bitcoin, and a bullish move in commodities. With words... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave shares how growth over value is less about the types of companies and more about the market cap represented in the largest benchmark names. He breaks down today's pop-and-drop for Bitcoin and answers questions from the newly-added... READ MORE
Waking up to a new week of geopolitical stress, fake news (Blackrock spot ETF), higher yields, softer dollar, equities rally, I thought to myself: As far as the market goes, it feels like time is standing still. Why would I think that? After all, it may not last and certainly... READ MORE
Today's report will compare charts and performance for the Semiconductor ETF (SOXX) and the Semiconductor SPDR (XSD). SOXX represents large-caps and is holding up. XSD represents the average semiconductor stock and it is not holding up. Broad weakness within the semiconductor group is likely to spread to large-cap... READ MORE
KEY TAKEAWAYS * Silver Cross Index Has Bullish "Shift" Above Signal Line for QQQ, XLC and IYT * QQQ Should Continue Higher * XLC Struggles Today, But Has Bullish Outlook * IYT Neutral Outlook Based on Relative Strength The Silver Cross Index is another way for us to measure participation within an... READ MORE
KEY TAKEAWAYS * Increasing demand for cybersecurity can give cybersecurity stocks a massive boost * Four cybersecurity stocks showing technical strength are PANW, FTNT, CRWD, and ZS * Keep an eye on the cybersecurity space, especially prior to the top companies' earnings announcement Cybersecurity companies occupy a unique space. It can never... READ MORE
KEY TAKEAWAYS * The StockCharts Technical Rank is indicating that AMD's stock price is strengthening * A bull flag pattern and potential resistance levels can help to make a projection on AMD's stock price * AMD stock's relative performance and momentum are improving, which means the stock... READ MORE
On this week's edition of StockCharts TV'sHalftime, Pete reviews the bullish percent index; with all the market talking about oversold conditions, the bullish percent makes that narrative make more sense. He then reviews the 20+ Year Treasury Bond ETF (TLT) and deciphers what is happening on... READ MORE
In this special edition of StockCharts TV'sThe Final Bar, Mish Schneider, Chief Strategist at MarketGauge, takes over for Dave Keller to share her thoughts on the daily Market Recap during a day of uncertain news. This video originally premiered on October 9, 2023. Watch on our dedicated Final... READ MORE
For consistency, here are the key go-tos during an uncertain time in the market: 1. The next direction of long bonds (TLT). 2. The next direction of the small caps and retail sectors (IWM, XRT). 3. The next direction of commodities, all of them, but particularly the agricultural ones, oil... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl opens the show with a discussion of the yield curve, followed by his coverage of the Magnificent 7+ and the market in general. Erin looks at the effect of war on the Energy sector, as well as a... READ MORE
KEY TAKEAWAYS * The accumulation phase is marked by higher highs and higher lows, as investors push the price onward and ever upward. * Stocks in the distribution phase are trending lower, with the price usually below two downward-sloping moving averages. * A symmetrical triangle or "coil" pattern is a telltale... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the bullish bias that's shaping up in the markets as high-growth areas begin to turn positive. She also provides insights into what's driving this price action, as well as what to be on... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave digs out his market correction playbook and shares what market breadth indicators tend to do leading into and out of market bottoms. He also reveals the charts that can serve investors well in corrective phases, using relative strength as... READ MORE
We began the year examining the 23-month moving averages in all the indices and major market sectors. It was pretty simple, really: buy anything that cleared the blue line (2-year business cycle), which we explained was a good reflection of a cycle within a cycle (6-7 year cycles are typical)... READ MORE
The pockets of strength are shrinking as more stocks succumb to selling pressure. The Nasdaq 100 is the strongest of the major indexes, while the Finance sector is one of the weakest sectors. Today's report will highlight two leaders within the Nasdaq 100 and two laggards within the... READ MORE
If you are finding yourself fluctuating between bullishness and bearishness, then congratulations! Hopefully, that also means you are waiting for certain signals to help you commit to one way or another. Here are the signals we are waiting for before overly committing to a bias: 1. As we wrote over... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl, after a walkthrough of the Magnificent 7+ stocks, examines how, while it was clear that there's some strength to be had in the Nasdaq, one look at the Ultrashort for Dow 30 (SDOW) and an internal... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews areas of the market that are bucking the downtrend pressure elsewhere, as those often go on to provide leadership once the markets turn. She also shares how to use ETFs to uncover rotation taking place beneath the... READ MORE
We do not want to walk down the political aisle. Nonetheless, what person can turn their heads away from the Sunday deadline on funding the government? The aftermath of a shutdown will most likely include a credit downgrade for the US. Do Americans need another reason to distrust the politicos?... READ MORE
We started this year looking at the monthly charts and the 2 moving averages that depict business cycles. Back in February, we wrote: All in all, the key sectors (retail, transportation) have more to prove, especially by clearing the 23-month moving average or 2-year business cycle. This is a significant... READ MORE
On this episode of StockCharts TV's Sector Spotlight, after two weeks of non-regular market updates, I'm back with a regular episode. Here, I dive deep into the current state of rotation in asset classes, highlighting the strength of commodities and the opposing rotations for stocks and... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl opens with a discussion on why you should use monthly charts even if you are investing in the shorter term. He gives us insight into the market as a whole and reviews the Magnificent 7 stocks and Tesla... READ MORE
Pete has been monitoring and calling out the downfall of TLT for nearly 20 months. In this week's edition of StockCharts TV'sHalftime, Pete explains why the ETF broke below $90 and how the US 10-year is over 4.5% on the same day. He dives into... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what drove the previous week's sharp pullback and what we'll need to see before the markets can turn positive again. She also highlights recession-proof stocks that are currently attractive as well as high... READ MORE
KEY TAKEAWAYS * NVDA stock is holding on to the support of its 100-day moving average * NVDA has maintained a high StockCharts Technical Rank (SCTR) since early 2023 * NVDA's relative strength with respect to the S&P 500 is approaching 200% Nvidia's stock has maintained a... READ MORE
We compiled a list of the 10 biggest uncertainties in the stock market right now. In no particular order: 1. China-trade wars and chip wars 2. Oil and food inflation 3. Strikes 4. Government shutdown 5. Corporate and individual bankruptcies on the rise 6. Commercial real estate and banking 7.... READ MORE
KEY TAKEAWAYS * Energy Select Sector SPDR Fund (XLE) shows some promising technicals, signaling room for a potential climb and a strong chance for a breakout to the upside * Technical indicators suggest that the Energy sector has a high probability of breaking out to the upside * A breakout above its all-time... READ MORE
KEY TAKEAWAYS * Rising Treasury yields have hurt growth stocks but buying opportunities could lie ahead * The stock market could bottom at the end of September and present buying opportunities * Watch Fibonacci levels, Equal Weighted S&P 500 Index, and market breadth for a reversal Last week wasn't... READ MORE
This week I appeared with David Keller on Stockcharts Final Bar. We discussed how the market is at a precipice. And no doubt, the words I wrote on April 20th Daily "Now That "Stagflation" Has Gone Mainstream"some five months later are buzzing in my head:... READ MORE
KEY TAKEAWAYS * Short Term, Risk-Off Sector Rotation While Heading into new week * Did The Market Complete a H&S Top, or Is SPY Looking For Support? * 430 Is The Crucial Level To Watch in SPY First of all, my apologies for everybody who has been waiting for a Sector... READ MORE