The 200-day SMA is perhaps the most widely used long-term moving average. As its name implies, it is a simple indicator that chartists can use for trend-following and momentum strategies. For trend-following, we just need to know where prices stand relative to the 200-day SMA. For momentum, we need to... READ MORE
KEY TAKEAWAYS * While the long-term trend in Apple has been quite strong, the weekly charts shows a clear double-top pattern with declining momentum. * Our Market Trend Model currently reads short-term bearish, medium-term bearish, and long-term bullish. * A break below price support around $169 could open the door to further downside,... READ MORE
KEY TAKEAWAYS * The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite are holding strong * Gold and the US dollar trend higher in spite of dovish Fed comments * Cannabis stocks trade higher on news of partial legalization in Germany It was an action-packed week in the stock market.... 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
In this edition of StockCharts TV'sThe Final Bar, Dave brings you another mailbag show! Explore the differences between RSI and Accumulation Distribution for stocks. Compare the benefits of SharpCharts or ACP on StockCharts. Understand the nuances between Keltner and Bollinger Bands. Discover why considering sector trends and using... READ MORE
By now it's common knowledge that the Chinese property sector is in crisis, foreign investment has slowed, and youth unemployment is at record levels. Should be time to sell Chinese equities, right? After all, we don't know when the other shoe is going to drop. They... READ MORE
Note to the reader: This is the thirteenth 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 of... READ MORE
KEY TAKEAWAYS * Technical indicators suggested that Coinbase stock was due for a pullback * The scenario identified a clear short setup with multiple price targets and stop-loss levels * Coinbase eventually dipped but the risk may have been greater than the reward As a trader, calling market tops (or bottoms) is a... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave welcomes guest Chris Ciovacco of Ciovacco Capital Management. David focuses on downside risk for GOOGL and AMZN, and shares one utility name that should be on your radar! Chris updates a weekly S&P 500 chart he first... 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
Today Carl and Erin open the show with an example of how you can find stock and ETF relative strength using a Price Momentum Oscillator (PMO) sort. Many may not know but PMO readings can be compared to one another to determine relative strength. Carl gives us a review of... READ MORE
The S&P 500 ended the week with a slight pullback that has this Index closing below its key 10-day simple moving average, but above its 21-day moving average. With the RSI and MACD in positive territory, the near-term uptrend in this Index remains in place. While last week&... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson shares a little trick out of his own process to make sure he's trading in the right direction. If you find yourself buying a new stock only to watch it go down, down, down... 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 presents an in-depth discussion on technical analysis patterns, market trends, and risk management. Explore how to spot bankruptcy risks, candlestick patterns, Dave's approach to QQQ, optimizing the Market Trend Model, RSI and MACD signals, "master risk... READ MORE
This month, the SPDR Gold Shares (GLD) broke out to new, all-time highs. That was a significant long-term move, which we will discuss when we get to the monthly chart. Of more immediate interest is the fact that sentiment is still bearish, which bodes well for a continued advance. We... READ MORE
The Oil & Gas Equipment & Services ETF (XES) is showing strength here in March as it breaks back above its 40-week SMA. More importantly, the long-term trend is up and this week's breakout argues for a continuation of this uptrend. The chart below shows XES with a... READ MORE
KEY TAKEAWAYS * Micron's AI game just got started and is looking to heat up as it provides key components to both Nvidia and Advanced Micro Devices * MU's price, however, has begun to pull back as bulls look for a favorable entry point * Using a bearish StockCharts... 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
Note to the reader: This is the twelfth 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 of... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave focuses on the resilient strength in market breadth indicators, suggesting a leadership rotation continues as growth stocks like AAPL and TSLA fail to hold key support. He highlights stocks making new three-month highs, including FCX, SCCO, and WSM. This... READ MORE
KEY TAKEAWAYS * Coinbase's (COIN) stock is blasting off, hitting a jaw-dropping 99.6 SCTR score. * The pin bar (most current bar) seems like a desperate attempt for the bulls to advance the stock amidst being potentially outnumbered by sellers. * Ready to go on the offensive? Here's... READ MORE
KEY TAKEAWAYS * Wells Fargo stock hits a new all-time high * The Financial sector has been gaining strength with several big bank stocks displaying positive movement * Momentum in WFC may be strong now but a slowdown could mean a big pullback since the stock is trading above its average price movement... READ MORE
On this week's edition of the GoNoGo Charts show from StockCharts TV, as the S&P 500 continues the rally at all time highs, Alex and Tyler take a look at GoNoGo Trend® conditions of several areas of the market. The recent breakout in Gold has much... 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
The markets continued to trade on expected lines. The trading week was short, as Friday was a trading holiday on account of Mahashivratri. In the four trading sessions, the markets stayed choppy and failed to make any definite and convincing moves while continuing to modestly advance on a weekly basis.... READ MORE
KEY TAKEAWAYS * Nvidia is up 77% year-to-date, far outpacing the S&P 500 and Nasdaq which are both up about 7-8%. * A bearish engulfing pattern is a two-bar candle pattern indicating short-term distribution and negative sentiment. * Downside targets for NVDA can be identified using trendlines and Fibonacci retracements. Large-cap... 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
Feel like you never find those high-flying stocks before they make their big moves? This week's edition of StockCharts TV'sStockCharts in Focus is for you! Grayson walks you through the 3 simple steps he uses to find, track and trade the market's strongest stocks... READ MORE
NVIDIA (NVDA) was enjoying quite a rally to start the day. All seemed right with the world. Someone recently said to me, regarding another company, that it was "a victim of its own success." This is what happened to NVDA. It appears that the ceiling was reached for... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Grayson and Dave run through the 10 charts they feel present actionable opportunities based on their technical analysis setups. They'll cover breakout strategies, moving average techniques, relative strength, and much more. And you'll have ten new... READ MORE
KEY TAKEAWAYS * Novo Nordisk A/S (NVO) has been riding a strong uptrend since 2017, fueled by its Ozempic drug. * This last week, positive results for its new drug, amycretin, transformed the Ozempic fever into a Wall Street frenzy. * Technical and fundamental buy points seem to be at odds if... READ MORE
Note to the reader: This is the eleventh 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 of... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave highlights mega-cap growth names that are in full breakdown mode, including TSLA, AAPL, and GOOGL. He also updates the latest market breadth indicators which suggest more of a leadership rotation into value-oriented sectors, and even Consumer Staples names including... READ MORE
The title of this article may be exaggerated, but, last Friday, the probabilities for an upward reversal in the rate of inflation later this year went substantially higher. That's because the gold price, an inflationary bellwether, broke out from a 4-year trading range to a new all-time high.... READ MORE
KEY TAKEAWAYS * Target Corp (TGT) bucked the trend on Tuesday, popping 13% despite a broader market selloff. * Investors jumped in despite the retailer's weak 2024 guidance. * A potentially strong entry point for TGT rests on two factors, one technical and the other fundamental. On Tuesday, Target Corp (TGT)... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave breaks down the hourly chart of Bitcoin and highlights recent breakouts for regional banks. Guest Julius de Kempenaer of RRG Research focuses in on the Communication Services sector, including META, DIS, and GOOG, and shows how defensive sectors have... READ MORE
Carl begins today's show with a walk through General Electric (GE) which was in the news this week. See what Carl thinks of the charts! Carl covers the market in general and pays particular attention to Gold as it launches skyward. Can this run continue? What does this... READ MORE
The S&P 500 and the NASDAQ both reached an all-time high today boosted by a Tech-fueled rally amid AI-related names. Small-cap stocks also had a bullish day after posting a two-month base breakout to near-term highs. This index has had a tough period recently, as nearly 15% of... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave wraps up his Dubai journey with a special Viewer's Questions Mailbag edition! Dave explores whether LABU is on the path to mimic NVIDIA and if it's still the right time to jump in. He also... READ MORE