KEY TAKEAWAYS * The SPDR S&P 500 ETF (SPY) dipped lower after hitting resistance of its 50-day moving average * There are three key turnaround levels to watch closely to determine if the pullback is over * Breadth indicators can identify when the buyers are back What's a trader... READ MORE
KEY TAKEAWAYS * Defensive Sector Leadership * Risk Off Macro Environment * Opportunities in Electricity Utilities Companies Chart Above (XLU:SPY) highlights trending relative strength of Utilities Sector. Watch Video below for details: The S&P500 trend conditions have continued this week in "NoGo" conditions despite relief rallies. Alex Cole... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the key drivers for this week's volatile period, including Core PCE and GDP numbers. She takes a look at where the S&P 500 and NASDAQ closed for the week and whether it'... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave answers viewer questions on spotting downturns in daily vs. weekly charts, using the Relative Rotation Graphs (RRG) to identify actionable ideas, and comparing the NYSE Composite Index ($NYA) to the S&P 500 Index ($SPX). He also shares... READ MORE
KEY TAKEAWAYS * SPY is trading within a downward channel in the daily chart and has equal odds of breaking out in either direction * The weekly chart shows the uptrend is still in play and SPY is going through a healthy correction * Analyze different index and sector exchange-traded funds to identify... READ MORE
KEY TAKEAWAYS * Value stocks are taking over the lead from Growth * When Value beats Growth, the S&P 500 usually does not do too well * The strength of Value is surfacing across all size segments of the market * Important support areas for SPY at 480 and 460 Value Taking... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe uses the MACD to analyze SPY and shares what to look for to find the next buy point. Joe then analyzes stocks including ADBE, XOM, and CRM. This video was originally published on April 24, 2024. Click... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the negative shift that's evolved over the past week in the market and highlights key signals of capitulation you should be watching for. She then shares the move into Value stocks she's seeing... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave and Grayson run through top 10 charts to watch in April 2024! Together they cover breakout strategies, moving average techniques, relative strength, and much more. You don't want to miss these insights into market dynamics and chart... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave welcomes guest Danielle Shay of Simpler Trading. Danielle speaks to the downside rotation for the QQQ, SMH, and leading growth stocks, including why the $210 level is so crucial for the SMH. Dave highlights the recent downswing for Bitcoin,... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave shares a brief history of Bitcoin halving and relates it to the short-term and long-term technical outlook on this significant development for cryptocurrencies. He also focuses on stocks testing their 50-day moving averages, including NFLX, SMCI, and MSTR. This... READ MORE
Staying on top of your portfolio in a fast-moving market can be a challenge. On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson shows you how to make things easier on yourself with automated ChartList Reports for your portfolio. You'll learn how to... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares key signals that it's time to sell a stock, using INTC as an example. She also reviews a key area of support for the markets, and new sectors that have entered a downtrend. She finishes... READ MORE
KEY TAKEAWAYS * The energy sector remains on a very strong rotational path * A completed top formation in Healthcare opens up significant downside risk * Smaller Technology stocks are taking over from mega-cap names A Sector Rotation Summary A quick assessment of current sector rotation on the weekly Relative Rotation Graph: XLB:... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains how to use the RSI along with the MACD and ADX indicators. RSI is used as a timing tool when things are lined up. Joe goes through some of the key elements he looks for when... READ MORE
This may seem like a contradiction, but it is possible for two different things to be true at the same time. What I am referring to is the fact that the health care sector (XLV) recently broke out from a consolidation reverse head-and-shoulders pattern, as we can see from the... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares what to be on the lookout for to tell if it's safe to put new money to work. She also shares the weakness in select sectors and which areas she suggests to underweight. Last up,... READ MORE
KEY TAKEAWAYS * Energy sector is breaking higher on price chart * XLE's RRG tail is continuing to pick up steam * The exploration & production industry is leading inside the energy sector Strong Rotation on the Weekly RRG For a few weeks now, the improvement in the energy sector (XLE)... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave welcomes Sean McLaughlin of All Star Charts. Sean shares his outlook for the Ark Innovation Fund (ARKK) and energy stocks (XLE) and how to employ options strategies to bet on particular outcomes. David tracks the afternoon selloff which created... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave welcomes Mish Schneider of MarketGauge as she walks through charts of the Swiss Franc, solar stocks, and uranium, with a focus on price momentum and multiple time frame analysis. Dave breaks down the S&P 500 sectors into... READ MORE
Here comes the answer to a very old question, "Do stocks lead the economy, does the economy lead the stock market, or is there something else?" My work has shown numerous times that GDP is not a good predictor of the Dow Jones. Also, business inventories and a... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what's shaping up in the broader markets after the Fed announced their rate cut plans. She also shares how to use ETFs to shape your investment decisions for the longer term. In addition, Mary Ellen... READ MORE
KEY TAKEAWAYS * Consumer Discretionary Beating Staples * Sectors Pushing Against Major Resistance Levels Summary The Relative Rotation Graph for US Sectors for this week mainly shows a continuation of the rotations as they were underway last week. XLB: This is moving from lagging into improving at a strong RRG-Heading, underscoring the... READ MORE
KEY TAKEAWAYS * KRE (the SPDR S&P Regional Banking ETF) is trading within a fairly wide uptrend channel * Momentum in KRE appears to be waning which could uncover short-term trading opportunities * Many regional banks can face increasing debt delinquencies and may be on the brink of collapse Full disclosure:... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what's shaping up in the broader markets after the Fed announced their rate cut plans. She also shares how to use ETFs to shape your investment decisions for the longer term. In addition, Mary Ellen... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe demonstrates how to use the "Big Green Bar" candlestick pattern. This candlestick provides great confirmation on certain types of entry points, and can also be helpful for exits. Joe finishes up the show covering the... READ MORE
KEY TAKEAWAYS * Energy sector showing relative strength in three timeframes * The sector is nearing a heavy resistance area * A long-term turnaround in relative strength appears to be underway Energy Improving in Three Time Frames Watching the sector rotation at the start of this week shows a continued improvement for the... READ MORE
KEY TAKEAWAYS * A bearish momentum divergence and declining Bullish Percent Index suggests rough waters ahead for the QQQ. * The 50-day moving average and Chandelier Exit system can serve as trailing stops to lock in gains from the recent uptrend. * If stops are broken, we can use Fibonacci Retracements to identify... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave tracks the day's weaker session, with the S&P 500 and Nasdaq down slightly and the small cap S&P 600 down 1.6%. He covers energy stocks breaking higher on stronger crude oil prices,... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains how to use the MACD crossover signal and the Pinch play signal. There are times when one is better than the other, and he uses several examples to show this distinction. He discusses how the low... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave breaks down today's market action direct from New York, tracking technology shares including NVDA and ORCL regaining lost ground after last Friday's losses. In a segment called Crypto Corner, he outlines two ways to apply... READ MORE
Carl and Erin explore the differences between two Semiconductor ETFs, SOXX and SMH. They are NOT the same. One offers far more upside potential than the other. Learn how to easily compare two ETFs or even two stocks using relative strength. Carl covered the market in general with special attention... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the broader markets amid last week's pullback. She also highlights sector rotation taking shape as Growth stocks pull back. With Bank stocks outperforming, she shares how to use StockCharts to uncover top candidates. This video... READ MORE
Pete presents the 100th and final edition ofStockCharts TV'sHalftime! This week, Pete shares some parting tips on what to look for when the trends change from defense, (risk off) to offense (risk on). He explains how he saw them coming and how the Chaikin Power Gauge did as... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave interviews Ari Wald, CFA CMT of Oppenheimer. He also covers Kroger, the iShares S&P 500 Value ETF, and Costco. This video originally premiered on March 7, 2024. Watch on our dedicated Final Bar pageon StockCharts TV! New... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the move into Semiconductors and shares what that means for Technology. Diving in to volatility, she highlights 3 ways investors can take advantage of the moves in Advanced Micro Devices (AMD). She also highlights other bright spots... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave continues his market recaps from Dubai, focusing on the impressive rally in small caps, continued strength in Bitcoin, and upside potential for crude oil and oil services stocks. He highlights one technology name in a persistent downtrend, but potentially... READ MORE
KEY TAKEAWAYS * March is a strong seasonal month for Utilities and Consumer Staples in relation to the broader market * Utilities and Consumer Staples are defensive plays which, if timed correctly, can result in a positive market outcome * The StockCharts Seasonality charts can help you identify sector plays that may not... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what drove the markets to new highs and what areas are outperforming. She also shares how to identify a buy point in NVDA after its gap up following earnings, as well as how to determine when a... READ MORE
KEY TAKEAWAYS * Combining fundamental forecasts with seasonality patterns offers a potent strategy for identifying tradable opportunities in specific sectors * The Energy (XLE), Utilities (XLU), and Materials (XLB) sectors exhibit the strongest seasonal performance in the near-term * Seasonality charts provide valuable insights, but checking overall stock market conditions and technical trading... READ MORE