The legendary technician Edson Gould had a rule that, after three discount rate hikes, the stock market would be likely to stumble. That doesn't apply to emerging markets, but it did make a catchy headline. What is relevant to the iShares MSCI Emerging Market ETF (EEM) is that,... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe uses a chart of AAPL to demonstrate how properly using a MACD and ADX indicator combo increases your chances of success. He analyzes 10-Year Yields, Bitcoin, Tesla, Datadog, and ServiceNow. Going through all the sectors, Joe... READ MORE
In this edition of StockCharts TV'sThe Final Bar, available to watch below, Dave recaps a shortened trading session marked by strength in the technology sector, potential breakouts in gold stocks, and key levels to watch as the S&P 500 index makes a new closing high on... READ MORE
In this video from StockCharts TV,Julius assesses the long-term trends as they are playing out on the monthly S&P 500 sector charts. He takes a look into the future using the expected seasonal trends for the month of July. Markets are still going higher, but the... READ MORE
S&P 500 earnings are in for 2024 Q1, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E... READ MORE
Historically, July has seen stock prices move higher almost 80% of the time, cementing this in our trader's notebook as a time to stay home and trade. Others can vacation this month! Chart 1 is my true seasonal pattern for the Dow for the last 124 years. It... READ MORE
KEY TAKEAWAYS * Scanning * screening * Idea Generation * Market Breadth Join Tyler Wood, CMT, in this insightful tutorial where he demonstrates how to effectively scan for GoNoGo conditions using StockCharts.com. GoNoGo Charts, a powerful method developed by Alex Cole and Tyler Wood, blend foundational tools in technical analysis into a powerful... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps Wednesday's late-stage rally for the S&P 500. He analyzes the charts of FDX, TSLA, RIVN, AMZN, and GLW, and reviews what a stronger US Dollar could mean for the SPX and Nasdaq. See... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe goes through the history of stock market bubbles, sharing what they look like, how they typically end, and how it relates to NVDA, MSFT, AAPL and GOOGL. Joe also covers the stock requests that came through this... READ MORE
The Transportation Sector has been one of the weaker brethren of late. That's important, as this market average forms part of the Dow Theory, which many observers believe is currently signaling a bear market. However, back in January, I wrote a piece on the Dow Theorythat came to... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave highlights technical analysis takeaways for NVDA, ENPH, PNR, GLD, and Bitcoin. He also breaks down the sudden resurgence in stocks like CCL, the benefits of long-term trend analysis on the weekly chart of the Nasdaq 100 (QQQ), and... READ MORE
In this StockCharts TV video, Mary Ellen reviews the broader markets, takes a close look at NVDA and other year-to-date winners that sold off last week, and shares top candidates in the Consumer Discretionary sector. This video originally premiered June 21, 2024. You can watch it on our... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave answers viewer questions on using technical indicators on leveraged and inverse ETFs like SOXL and SOXS, buying breakouts below the 200-day moving average, upside targets for gold, and whether the $USD is in a primary uptrend. See Dave&... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps a day where technology shares struggles, with leading names like NVDA and MU dropping bearish engulfing patterns to indicate short-term distributions. He also addresses the ongoing divergence between large caps and small caps, the upside potential for... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave celebrates Nvidia's rise to overtake Microsoft (MSFT) as the largest company by market cap, creating chaos in the Technology Sector ETF (XLK) with implications for Apple (AAPL). He points out that 10% of the S&P... READ MORE
KEY TAKEAWAYS * Crude, Brent, gasoline, and natural gas tend to dip and peak in the summer months * Although seasonality plays are attractive, they're not always reliable * If you're looking to take advantage of seasonality trends, here are some technical levels to watch We're heading... READ MORE
In this StockCharts TV video, Mary Ellen reviews the overbought condition in the markets after last week's move to a new high in price. She highlights select areas that pushed the markets higher and covers NVDA, AAPL, and more. She also discusses the anatomy of a true downtrend... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave describes how the "breadth thrust", popularized by legendary market strategist Martin Zweig, can help to validate a new bull phase for stocks. He answers viewer questions on pairs trades, running technical indicators like RSI on price ratios,... READ MORE
In this StockCharts TV video, Mary Ellen reviews what drove the markets to new highs. She highlights S&P 500 sectors, plus stocks that have reversed their downtrends, pointing out good entry points. Mary Ellen also takes a close look at why stocks did not respond to today'... READ MORE
KEY TAKEAWAYS * VanEck Vectors Retail ETF (RTH) holds 70% discretionary and 30% staples retail stocks * Retail stocks have been on a steady long-term uptrend over the last 10 years * Traders are likely to accumulate or sell positions depending on the Fed's interest rate decisions VanEck Vectors Retail... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows the three keys he hunts for when identifying reversals and strong trends, giving a few examples and then showing one that is developing now. He then highlights similar techniques he uses while reviewing the Sectors. In... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the bullish close in the markets while highlighting areas to stay away from. She also shares why AI-related areas of Tech remain positive and what drove the Retail sector into a new uptrend. The potential downtrend... READ MORE
In this edition of StockCharts TV'sThe Final Bar, join Dave and Grayson as they run through top 10 charts to watch in June 2024! They'll cover breakout strategies, moving average techniques, relative strength, and much more. You don't want to miss these insights into... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave welcomes Frank Cappelleri, CMT CFA of CappThesis. Frank shares how the bull market phase has been marked by confirmed and completed bullish patterns and failed breakdowns after bearish patterns. Meanwhile, Dave discusses the rising interest rate environment, what it... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows a specific MACD pattern that, when it develops on the monthly chart, can give a great early warning sign. Joe gives several examples of this pattern during the lesson. He also shows two Scans that he... READ MORE
In this video from StockCharts TV,Julius takes a look at the differences in rotation between cap-weighted and equal-weighted sectors and sees a warning signal for GOOGL. He also examines the Communications Sector vs. the Equal-Weighted ETF. This video was originally broadcast on May 28, 2024. Click... READ MORE
KEY TAKEAWAYS * Relative Strength * Market Trend * Narrow Breadth Good morning and welcome to this week's Flight Path. We saw some weakness this week as price pulled back a little from all time highs. Momentum cooled, we saw this in the form of Go Countertrend Correction Icons (red arrows)... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the broader markets and the rotation that's taking place amid a rise in interest rates. She also takes a close look at NVDA and shares how you should handle the stock after last week'... READ MORE
KEY TAKEAWAYS * Defensive sector rotation remains a concern. * AMZN & TSLA are both strong, but XLY remains in relative downtrend. * Large Cap Growth is the only segment on a strong RRG-Heading. Concerns Remain My concerns about current market developments, which I voiced in last week's article, are... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave welcomes Jeff Huge, CMT of JWH Investment Partners. David reflects on NVDA's gap higher, quick deterioration in market breadth indicators, and bearish candle patterns for ON and HOOD. Jeff shares his downside target for the S&... READ MORE
It's rare when you see a multi-year breakout take place, but, when several materialize more or less at the same time, that should really get our attention. That's not simply because of the opportunities being presented, but also because several simultaneous breakouts indicate a broader... READ MORE
Note to the reader: This is the twenty-second in a series of articles I'm publishing here taken from my book, "Investing with the Trend." Hopefully, you will find this content useful. Market myths are generally perpetuated by repetition, misleading symbolic connections, and the complete ignorance... READ MORE
KEY TAKEAWAYS * As stock market indexes hit all-time highs, you may want to consider hedging your portfolio with options. * Since volatility is low, buying puts can be a relatively inexpensive way to protect your positions while remaining invested in the stock market. As equity markets print new all-time... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the current market conditions and key areas of growth that are in new uptrends. She then shares how to trade downtrend reversals and stocks that gap up after reporting strong earnings. She then reviews the decline in... READ MORE
While we don't typically begin with a monthly chart, it seems like a good place to start, as most of the good news is present there. Beginning on the left side, we can see how gold made a parabolic advance into an all-time high in 2011. Parabolic... READ MORE
KEY TAKEAWAYS * Sector rotation still pointing to defense * Upward break in SPY not supported by volume * Asset class rotation starting to rotate in favor of bonds No Confirmation In Volume This week, the S&P 500 is breaking out above its previous high, undeniably a bullish sign. After the... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains how to use one SMA to pinpoint great entries in pullback plays, demonstrating how it can develop in slightly different ways. He shows 3 different types of setups in the price action and its relationship to... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the bullish bias in the broader markets, along with the sector rotation into cyclical areas as growth areas languish. She then highlights the perils of buying, or holding, stocks around earnings releases, and shares a high-yielding... READ MORE
KEY TAKEAWAYS * Chartists can measure performance by comparing highs and lows * Defense groups are leading SPY because they hit new highs already. * XLU is looking frothy because it is over 13% above its 200-day SMA. After sharp declines into mid April, stocks rebounded over the last three weeks and... READ MORE
The Dow Jones Industrial Average ETF (DIA) 20-day EMA crossed up through the 50-day EMA (a Silver Cross), generating an IT Trend Model BUY Signal. The Dow saw a better rally today than the SPY, but, under the hood, it isn't quite as strong as the... READ MORE