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Economic Modern Family -- Home for the Holidays
In the 1995 film, Home for the Holidays, family reunions are explored using both drama and comedy. The film illustrates how we outsiders looking in never really know the love and the madness that goes on inside any one family's home during Thanksgiving.
Happily, our Economic Modern Family...
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A NEW ERA of Growth Leadership?
by David Keller,
President and Chief Strategist, Sierra Alpha Research
In this edition of StockCharts TV'sThe Final Bar, guest Mary Ann Bartels of Sanctuary Wealth describes how falling interest rates could pave the way for another leadership by mega-cap growth stocks, including semiconductors. Host David Keller, CMT breaks down two market breadth indicators to watch into December and...
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Check These Out: Buyable Pullbacks Under the Surface!
by TG Watkins,
Director of Stocks, Simpler Trading
In the previous episode, TG explained that we needed to wait for the right opportunities to buy pullbacks from when the market shot up. The mega-caps and the major indexes did one small day of pulling back, but underneath that, many individual stocks have pulled back and come into buyable...
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Cap-Weighted Leadership Is Unhealthy
by Carl Swenlin,
President and Founder, DecisionPoint.com
by Erin Swenlin,
Vice President, DecisionPoint.com
Below is a reprint of an article written Thursday in the subscriber-only DecisionPoint Alert:
One of the things we keep track of is the performance of the S&P 500 Index (SPY), which is cap-weighted, versus the S&P 500 Equal Weight Index (RSP). In a healthy bull...
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MEM TV: Easy Way To Uncover Best Candidates for These Markets
by Mary Ellen McGonagle,
President, MEM Investment Research
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reveals areas of the market that are reversing lengthy downtrends and the best way to participate. She also highlights where the strength is in the markets as the uptrend remains firmly in place.
This video originally premiered November...
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Recap and Action Plan: Small Caps, Beans, Oil
Since we came back from vacation, I've written 3 Dailys. The first of these was on the Economic Modern Family and how it opened its loving arms to the bulls.
I was particularly keen on small caps or the Russell 2000 (IWM). I wrote, "Beginning with Granddad...
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Stock Market Welcomes Us Home in a Big Way
The Economic Modern Family has opened its loving arms to the bulls and to us after our 2 weeks away.
Beginning with Granddad Russell 2000 (IWM), Monday began with a gap up over the 50-DMA (blue). We will watch for a phase change confirmation. Furthermore, the monthly chart shows IWM...
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A Supercharged Stock Market Rally: Catch These Stocks Before They Get Away
by Jayanthi Gopalakrishnan,
Director of Site Content, StockCharts.com
KEY TAKEAWAYS
* Cooling CPI data sends equities roaring higher
* The 10-year Treasury yield fell below 4.5%, a critical support level
* Small-cap stocks were clearly the biggest winners today
October's unchanged headline US CPI and lower-than-expected core CPI were reasons for investors to celebrate. The broader stock market...
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Finding Setups as Markets Wait for October CPI
by David Keller,
President and Chief Strategist, Sierra Alpha Research
In this edition of StockCharts TV'sThe Final Bar, Dave identifies bullish and bearish momentum divergences as the equity and bond markets await the October CPI reading on Tuesday morning. He answers questions covering Brent crude oil prices, uranium stocks, inverse head and shoulders patterns, and upside potential for...
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DP Trading Room: Is Your Portfolio OUTDATED? The Truth About The 60/40 Mix
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
In this week's edition of The DecisionPoint Trading Room, Carl opens the show with a discussion about the typical 60/40 Portfolio (60% US Stocks/40% US Bonds) and whether it will continue to serve you well given the decline in Bonds. Is this portfolio blend obsolete? Both...
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Focused Market Leadership Ahead Of Core Inflation Data - Here's What Investors Need To Look Out For
by Mary Ellen McGonagle,
President, MEM Investment Research
On Friday, the Nasdaq Composite posted its best day in more than five months, with a 2% rally that pushed this Index further into an uptrend. The S&P 500 had a good day as well, with all eleven sectors advancing higher. The sharp gain in the Nasdaq was...
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Moxie Indicator Alerts: Predicting Yesterday's Market Pullback!
by TG Watkins,
Director of Stocks, Simpler Trading
We had been patiently waiting for the action that happened yesterday, even though it was down. In this week's edition of Moxie Indicator Minutes, TG shows you real alerts from the Moxie Indicator Trading room that called the pullback before it happened, and presents how you too can...
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Stock Market Still Has Legs, Bitcoin Sees a Breakthrough Rally: Is the Market On the Mend?
by Jayanthi Gopalakrishnan,
Director of Site Content, StockCharts.com
KEY TAKEAWAYS
* The stock market makes major gains with the S&P 500 and Nasdaq Composite closing above previous highs
* The 10-Year Treasury yield retested its 4.5% level and reversed to the upside
* Bitcoin rallied to close the week above 37,000
It was quite the week in...
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This Relative Strength Signal Can Provide Early Warning Signs
by Joe Rabil,
President, Rabil Stock Research
On this week's edition of Stock Talk with Joe Rabil, Joe shows how to use comparative relative strength to identify important shifts in trend, sometimes well in advance of price. He explains what the line means, plus how to use it to provide early warning signals and for...
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Market is UP After 10% Correction; Is a V Bottom in Place?
by TG Watkins,
Director of Stocks, Simpler Trading
The market has been signalling over-sold in multiple ways over the last 3 months, but we finally got a trigger, right around the 10% correction market plus FOMC. Powell was pretty neutral, but whatever it was, the market decided it liked it. So a V bottom appears to be in...
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This Country ETF Rallies Sharply After War Breaks Out
by Martin Pring,
President, Pring Research
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...
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Focus on Stocks: November 2023
by Larry Williams,
Veteran Investor and Author
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....
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Market's At RISK in The Mega Cap Bloodbath!
by TG Watkins,
Director of Stocks, Simpler Trading
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...
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Two Defensive Sectors are Outperforming - What Does This Mean?
by Erin Swenlin,
Vice President, DecisionPoint.com
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...
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It's All About Risk and the Long Bonds
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...
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The Kids: Semiconductors, Biotechnology, Regional Banks
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...
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Tesla Stock Has High Expectations: A Strong Pop or Plunge
by Karl Montevirgen,
Financial Writer
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'...
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Market Has Stress Fractures but No Clear Breaks
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...
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Home Construction ETF Breaks and a Home Builder Sets up for Further Downside
by Arthur Hill,
Chief Technical Strategist, TrendInvestorPro.com
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...
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An Award Announcement With a Dash of Market Commentary
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...
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How Mega-Cap Names Dominate Through Market Cap
by David Keller,
President and Chief Strategist, Sierra Alpha Research
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...
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When News Moves So Fast, Stocks Can Stand Still
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...
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Equal-weight Semis Break Down - Is SOXX Next? - with video (Free)
by Arthur Hill,
Chief Technical Strategist, TrendInvestorPro.com
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...
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Nasdaq 100 (QQQ), Communication Services (XLC), and Transports (IYT) New Bullish Bias in IT
by Erin Swenlin,
Vice President, DecisionPoint.com
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...
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The Best Cybersecurity Stocks Showing Profitable Investment Opportunities
by Karl Montevirgen,
Financial Writer
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...
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AMD Stock Projection: Price Could Soar Over 50%
by Jayanthi Gopalakrishnan,
Director of Site Content, StockCharts.com
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...
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The Halftime Show: Are Oversold Conditions Real? The Bullish Percent Says So
by Pete Carmasino,
Chief Market Strategist, Chaikin Analytics
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...
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Navigating Uncertain Times: Market Recap with Mish Schneider
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...
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What We Will Use to Ascertain the Market's Next Moves
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...
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DP Trading Room: Exponential vs. Simple -- This is the Moving Average We Use
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
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...
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Maximizing Profits: Three Stocks in Three Phases
by David Keller,
President and Chief Strategist, Sierra Alpha Research
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...
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MEM TV: Here's What To Do With Base Breakouts and Other Bullish Signals
by Mary Ellen McGonagle,
President, MEM Investment Research
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...
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How Market Breadth Indicators Can Lead You Out of Market Bottoms
by David Keller,
President and Chief Strategist, Sierra Alpha Research
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...
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Time to Talk 6-7 Year Market Business Cycles
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)...
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Two Holding Up and Two Breaking Down
by Arthur Hill,
Chief Technical Strategist, TrendInvestorPro.com
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...
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