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
KEY TAKEAWAYS * Small caps tend to outperform following an election year. * In most annual cycles, small caps also have their seasonal tendencies. * The chart of the iShares Russell 2000 ETF (IWM) is worth monitoring, especially as it approaches a buy point. With an new administration inbound in Washington, D.C.... READ MORE
In this exclusive StockCharts video, Joe shows how to use the MACD zero line as a bias for a stock. As opposed to offering a buy signal, this Zero line level can provide insight into a market or stock's underlying condition; Joe shows how to refine that information... READ MORE
Chart 1 compares the S&P Composite with the NYSE A/D Line and its Common Stock counterpart. These, of course, are not intermarket relationships, but the chart does show that some near-term weakness would violate their bull market trendlines. Violating a trendline is not necessarily the end of... READ MORE
KEY TAKEAWAYS * If you want to reposition your portfolio for 2025, consider the potential policy changes that can significantly affect the market. * Focusing on financials and using MarketCarpets Bollinger BandWidth setting identifies stocks with low volatility setups, among other qualities. * Identify stocks that meet your investing criteria and add them... READ MORE
Today Carl looks at the 26 indexes, sectors and groups in a CandleGlance to see how the indexes stack up. It is clear that all of the indexes are as good as they can get. Carl warns that when things are as good as they can get, the only place... READ MORE
You may not know it, but StockCharts' library of economic indicators has recently been enlarged. It's not as extensive as, say, the stock coverage, but it does include a lot of indicators that actually work, in the sense of helping identify major reversals in stock, bond, and... READ MORE
KEY TAKEAWAYS * Growth stocks are regaining leadership over value. * Small and mid-cap growth sectors are leading the charge. * Large-cap value is currently the weakest market segment. Growth vs. Value Rotation: The Pendulum Swings Again Relative Rotation Graphs (RRG) are not just good tools to use in analyzing sector rotation; they&... READ MORE
Industrials (XLI) benefited greatly from the "Trump Trade", but fell back to digest the gap up rally. It rallied again, but failed after overcoming overhead resistance at the prior November top. Now it is pulling back once again, which that has formed a bearish double top formation. The... READ MORE
My recent discussions on the Market Misbehavior podcasthave often included some comments on the interest rate environment, particularly the shape of the yield curve. We've had an inverted yield curve since late 2022, and so the yield curve taking on a more normal shape could mean a huge... READ MORE
KEY TAKEAWAYS * CSCO stock has been in a slow uptrend since August and is outperforming the Nasdaq Composite. * CSCO's stock price is at an all-time high and indicators suggest the stock can continue trending higher. * Look for a pullback and a bounce off its 21-day exponential moving average.... READ MORE
KEY TAKEAWAYS * On Monday, Super Micro Computer Inc. (SMCI) jumped 29%. * Bullish investors began buying SMCI on news of the company's financial stability after its 85% plunge in November. * Watch the $50 resistance level in SMCI's stock price, in addition to other key levels, as a... READ MORE
In this video, Dave reflects on the shape of the yield curve during previous bull and bear cycles with the help of StockCharts' Dynamic Yield Curve tool. He shares insights on interest rates as investors prepare for the final Fed meeting of 2024, and shares two additional charts he&... READ MORE
On Friday our short-term Swenlin Trading Oscillators (STOs) turned down even after a rally. This is an attention flag that we shouldn't ignore, but what do the intermediate-term indicators tell us? Are they confirming these short-term tops? Carl goes through the DP Signal tables to start the program... READ MORE
KEY TAKEAWAYS * MicroStrategy's price is correlated with Bitcoin's. * In 2024, Microstrategy's stock price surged from a low of $43 to a high of $543. * Look for MicroStrategy's stock price to fall between $318 and $320, its next support level. On November 21,... READ MORE
This article is not centered around a specific theme; rather, it focuses on some charts which look as if they are about to signal an important change in trend. In this case, "important" is defined as a forthcoming move lasting at least 3-months. My indicator of choice for... READ MORE
Today Carl looks at the small-caps and mid-caps that have now begun to outperform the market. Clearly the rally is broadening, the question now is can we continue to make new all-time highs. It does seem very likely especially given the positive outlook on the Secretary of Treasury nomination. Carl... READ MORE
I've always found technical analysis to be a fantastic history lesson for the markets. If you want to consider how the current conditions relate to previous market cycles, just compare the charts; you'll usually have a pretty good starting point for the discussion. As we near... READ MORE
KEY TAKEAWAYS * Traders can improve their odds with market, sector and stock filters. * We should be in a bull market and the sector should be in an uptrend. * The stock should be in a long-term uptrend and leading. Even though trading based on chart analysis involves some discretionary decisions, chartists... READ MORE
Today, the 20-Year Bond ETF (TLT) 50-day EMA crossed down through the 200-day EMA (Death Cross), generating an LT Trend Model SELL Signal. This was the result of a downtrend lasting over two months. We note that the PMO has been running flat below the zero line for a month,... READ MORE
KEY TAKEAWAYS * AppLovin has risen 1,303% since the SCTR Report first gave the green light on the stock. * Other StockCharts indicators confirmed the opportunity when Wall Street insiders began quietly accumulating the stock. * Key levels in AppLovin's price chart can guide you to enter a long position... READ MORE
KEY TAKEAWAYS * Despite a lot of turmoil, SPY continues to show strong rotations on both weekly and daily RRGs. * Rising yields have not damaged the stock rally yet. * Stock/Bond ratio remains strongly in favor of stocks. After the election, things have hardly settled in the world. New developments in... READ MORE
Chart 1, below, compares the S&P Composite to the Europe Australia Far East ETF (EFA), which is effectively the rest of the world. It shows that US equities have been on a tear against its rivals since the financial crisis. More to the point, there are very few... READ MORE
In this exclusive StockCharts video, Joe goes into detail on the S&P 500 ETF (SPY), sharing why using MACD and ADX together can be beneficial -- especially in the current environment. He touches on Sentiment, Volatility and Momentum, pointing to reasons why we need to be on alert... READ MORE
KEY TAKEAWAYS * Relative strength trends show a recent rotation into Consumer Discretionary, Communication Services, Financials, and Energy. * The offense to defense ratio still favors "things you want" over "things you need." * RRG charts give a fairly clear roadmap of what to look for rotation-wise into early... READ MORE
KEY TAKEAWAYS * Palantir stock sold off significantly on Monday and may be ripe for a turnaround. * The pullback in Palantir stock could be an opportunity to enter a long position. * The chart of Palantir's stock price indicates increased buying pressure, but more upside momentum is needed to enter... READ MORE
KEY TAKEAWAYS * SOXX is lagging SMH as it broke the 200-day SMA and confirmed a bearish pattern. * SMH is holding up because its top component remains strong. * Nevertheless SMH is at a moment of truth ahead of a big earnings report from Nvidia. Even though the iShares Semiconductor ETF (SMH)... READ MORE
KEY TAKEAWAYS * StockCharts' MarketCarpets can be customized to find stocks to invest in using specific criteria. * The MarketCarpets tool helps users drill down from a big-picture view to individual stocks. * Getting an at-a-glance view of strong stocks poised to bounce can be done immediately and efficiently with MarketCarpets. When... READ MORE
Today we explore the bullish sentiment that has taken SPX valuations to the moon. There are many out there that believe we have hit a plateau on prices that will continue permanently. We talk about the quote: "Stock prices have reached 'what looks like a permanently high plateau,... READ MORE
(This is an excerpt from the subscriber-only DP Weekly Wrap for Friday) On Friday, the Biotechnology ETF (IBB) 20-day EMA crossed down through the 50-day EMA (Dark Cross) and above the 200-day EMA, generating an IT Trend Model NEUTRAL Signal. IBB recently switched to a BUY Signal on Friday November... READ MORE
KEY TAKEAWAYS * With a new administration set to take office in January, it may be time to seriously reconsider cryptocurrencies. * Three cryptocurrencies to keep an eye on are Bitcoin, Ethereum, and (strangely) Dogecoin. * Despite cryptocurrencies being a noisy market, the right tools can help guide you toward smarter decisions. With... READ MORE
I was originally taught to use RSI as a swing trading tool, helping me to identify when the price of a particular asset was overextended to the upside and downside. And, on the swing trading time frame, that approach very much works, especially if you employ a shorter time period... READ MORE
In today's DP Alert short video we discuss the key support levels for Gold as it has likely begun a longer-term correction. We also take a look at Gold Miners under the hood! Charts and commentary are taken from our subscriber-only DP Alert publication. Subscribe now and try... READ MORE
KEY TAKEAWAYS * Palantir stock's rise to the third place in the SCTR Report makes it a worthy candidate to add to your portfolio. * The price surge in Palantir stock after its stellar earnings report may just be the beginning of a bullish move. * Palantir is a stock that... READ MORE
Chart 1 shows the Dollar Index has been in a trading range for the last couple of years and is now at resistance in the form of its upper part. The big question relates as to whether it can break to the upside, or if the resistance will once again... READ MORE
When a stock shows an RSI value above 80, is that a good thing or a bad thing? In this video, Dave reviews a series of examples showing this "extreme overbought" condition, highlights how these signals usually occur not at the end of, but often earlier in an... READ MORE
KEY TAKEAWAYS * Seasonality provides a unique historical technical context, as long as you remember that it's more of a traffic flow map than a crystal ball. * Seasonality charts can be useful for drilling down from market to sector or sector to stocks. * Checking the daily chart is crucial... READ MORE
Today Carl compares this week's Trump Rally with the rally we saw after Reagan was elected in 1980. There are similarities and differences. The Trump rally has lifted certain sectors of the market as well as Cryptocurrencies. While the Reagan rally had different catalysts. The market continues to... READ MORE
KEY TAKEAWAYS * The market came out of defensive mode after the election. * Old resistance at 585 is now support for SPY. * XLC, XLY, and XLF are all showing strength. First of all, for those of you looking for a new video this week, I have intentionally skipped it because I... READ MORE