In this edition of StockCharts TV'sThe Final Bar, Dave welcomes Danielle Shay of Simpler Trading. Danielle highlights three earnings plays she's focused on this week, and shares how she combines multiple time frames in her trading to better define risk vs. reward. Dave laments the weakening... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe discusses how he uses the price swings and Fibonacci grid to determine the momentum of a trend without the use of indicators. He explains how indicators can lag at reversal points and why we need to lean... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave welcomes Ryan Redfern, ChFC, CMT of Shadowridge Asset Management and President of NAAIM. Ryan provides a primer on the NAAIM Exposure Index, including what it is, how it's calculated, and how it can be used to measure... READ MORE
KEY TAKEAWAYS * PLTR stock gapped up after its impressive Q4 earnings and guidance * Watch the average directional index and relative strength index to monitor the momentum of the upward trend * If momentum continues to be strong, the stock would be an attractive investment If you look at a chart of... READ MORE
KEY TAKEAWAYS * Eli Lilly & Co's beat on earnings and revenue expectations led to a swift 5% spike and reversal in its stock price * Analyzing Eli Lilly's stock price chart reveal some headwinds that may not be apparent in fundamental data * Eli Lilly's stock... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave demonstrates how the market's recent upswing has left mid-caps and small-caps in the dust, with deteriorating breadth conditions suggesting an increased risk of downside for the S&P 500. He also unveils the latest enhancements to... READ MORE
The vast majority of the primary trend indicators are pointing to a bull market and have been doing so for the better part of a year. Chart 1, for instance, shows that NYSE Margin Debt, or rather its long-term KST, has only recently gone bullish. The vertical lines point out... READ MORE
The market rally last week was very narrow, driven mainly by large gains in communication services stocks like Meta. Many technical indicators are showing negative divergences. The broader market struggled. Erin reviews all of the sectors under the hood and then takes your symbol requests. Key Takeaways: - Communication services... READ MORE
Divergences reflect a disconnect between price and the indicator. A bearish divergence forms when price forges a higher high and the indicator fails to confirm this high. In the case presented below, we have the S&P 500 moving higher and fewer stocks making it back above their 50... READ MORE
KEY TAKEAWAYS * The robust jobs data triggered a sell-off in the gold market, hampering expectations of an imminent rate cut * Price projections for GLD in 2024 span a wide spectrum, below and above current prices because of fluctuating macroeconomic and geopolitical dynamics * The Volume-by-Price indicator is especially useful in recognizing... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Grayson and Dave run through 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 charts to... READ MORE
KEY TAKEAWAYS * DHI's stock plummeted after missing Wall Street's earnings expectations and soft guidance * Technical indicators provide a clearer view for those looking to buy the dip * You can use StockCharts seasonality charts to provide a big-picture context to your trading setup The tight supply environment... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe discusses key aspects to MACD when viewed as an oscillator rather than a momentum indicator. He also explains how to use MACD combination signals as well as combining with the ADX indicator. He then covers the symbol... READ MORE
Let's begin this month with a look at ... Home Prices and Stocks Most people have the majority of their money in homes and/or stocks. Thus, I thought that this month, I would take a look at what should be happening in the real estate market. Let'... READ MORE
KEY TAKEAWAYS * The Fed leaves interest rates unchanged as expected, but investors weren't happy * S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all close lower after Fed decision * The 10-year Treasury yield falls to a three week low Will the Fed cut interest rates at... READ MORE
Gold is not the most exciting asset at the moment, but it is in a long-term uptrend and perhaps the strongest commodity out there. There are also signs that the January decline is ending as RSI hits a momentum support zone and a bullish continuation pattern forms. Note that GLD... READ MORE
Oil is not only an important commodity in and of itself, but is also one has a substantial influence on commodity indexes in general. Its weight in the CRB Composite is 23%; for energy in total, it is 39%. Chart 1 compares the oil price to the CRB Composite, where... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave tracks the S&P 500 as it pushes to a new high above 4900, while the McClellan Oscillator rotates to a bullish reading. He breaks down earnings plays this week, including XOM, MSFT, and more. This video originally... READ MORE
Alibaba.com is one of the world's largest wholesale marketplaces. To be honest, I had never gone to their website until today, even though we bought shares in BABA 2 weeks ago. So, in case you are like me and have not checked them out, they sell a... READ MORE
KEY TAKEAWAYS * Big Week in Earnings * Magnificent 7 - Five Reporting (MSFT, GOOGL, META, AAPL and AMZN * Other stocks we look at: PFE, SBUX, AMD, MA, BA, MET, MRK, XOM and CVX * Even more coverage with viewer symbol requests This is a big week for earnings so Carl and Erin... READ MORE
KEY TAKEAWAYS * The S&P notched new record highs in five consecutive trading sessions but snapped the winning streak on Friday * Investors still are complacent, as indicated by the CBOE Volatility index * The benchmark 10-year Treasury yield remains within a 4% to 4.2% range In the first week... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave hosts an all-mailbag episode, answering viewer questions on the Relative Strength Index (RSI), how ETFs like QTEC have outperformed benchmarks including the Nasdaq 100, and how to avoid painful losses in leading names like NVDA, PANW, and ADBE. This... READ MORE
KEY TAKEAWAYS * IBM stock price hits a new 52-week high and moves above its upper Bollinger Band® * IBM's share value could continue rising or pull back toward the middle Bollinger Band * If IBM fills its post-earnings price gap it could present a more favorable entry point As a... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave breaks down the chart of Intel Corp (INTC) to demonstrate the benefits of three important technical indicators: Moving Averages, Relative Strength Index (RSI) and Relative Strength. He shares why a disciplined process of interpreting these indicators can help investors... READ MORE
KEY TAKEAWAYS * Coinbase stock price is correlated with Bitcoin's price * COIN's price level is getting close to an entry point for bullish investors * An ideal entry point for COIN would be after you see a strong reversal candle with increasing momentum Are you feeling a bit... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shares his five steps to becoming a better stock picker. He emphasizes the importance of starting with price and using technical analysis to identify potential outperforming stocks. From analyzing monthly and weekly charts to looking at momentum... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest John Kosar, CMT of Asbury Research shares his proprietary Asbury Six macro model, which suggests caution based on weak fund flows and breadth conditions. Dave focuses in on crude oil and gold charts, and also reviews key earnings plays... READ MORE
Some tools in technical analysis are totally objective, such as a moving average crossover. It may be debatable whether it's a decisive signal or not, but a crossover is nevertheless a crossover. Dow Theory, on the other hand, is much more subjective and, therefore, open to interpretation. For... READ MORE
As a follow-up to a daily I wrote earlier in January called "Super Cycles Do Not Just Fade Away",yesterday'sJanuary 23rd dailywas all about one of the three indicators that can get us prepared for more inflation. On January 5th, sugar was still trading under 22... READ MORE
KEY TAKEAWAYS * AMD stock price hits a new 52-week high and moves above its upper Bollinger Band® * AMD's share value could continue rising or pull back and go below the middle Bollinger Band * Watch volume, relative strength index, and money flow index to identify a slowing down in... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave observes the S&P 500 index pressing higher after achieving new all-time highs on Friday. While large caps have dominated small caps so far in January, days like today suggest small-cap strength as a potential emerging trend. He... READ MORE
This week's analysis will stick with the multiple timeframe approach. Today we are featuring a biotech stock with a channel breakout on the weekly chart and a classic retracement on the daily chart. Moreover, a larger bullish reversal pattern could be forming on the daily chart. The weekly... READ MORE
Let's get right to it. The charts and our tools are telling. To start, I always look at moving averages and phases. Then I look at Real Motion and momentum to see if there is a divergence to price. After that, I check out our Leadership indicator which... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave hosts a special all-mailbag edition, answering viewer questions on leading vs. lagging indicators, arithmetic vs. log scale charts, and how the Fed manipulates the yield curve. He digs into specific trading strategies using RSI, MACD, On Balance Volume, and... READ MORE
KEY TAKEAWAYS * Nasdaq Composite index rises 1.35% thanks to semiconductor stocks and an upgrade for Apple * The Nasdaq Composite is trading close to its 52-week high, but market breadth isn't sharing the bullish sentiment * Market breadth indicators, such as the advance-decline issues and percent above moving average,... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest John Kolovos, CFA CMT of Macro Risk Advisors describes how the market is reacting to "good overbought" conditions in late 2023, and why the Russell 2000 small cap ETF may be the chart to watch in Q1... READ MORE
KEY TAKEAWAYS * The Utilities sector has periods of cyclical outperformance * Seasonality charts in StockCharts can identify which months Utilities are likely to outperform * Analyzing a price chart of the XLU ETF can help time your entries so they coincide with seasonal patterns The Utilities sector is known as a defensive... READ MORE
The Fed stopped raising rates in July, and, by mid-October, yields had peaked. Since then, yields have begun to decline in anticipation of the Fed beginning rate cuts this year. At this point, it appears that yields have found support and may possibly bounce, or begin moving sideways. This chart... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Adam Turnquist of LPL Financial lays out the case for a tactical selloff for stocks, as well as why long-term indicators remain constructive in early 2024. Dave breaks down the bearish momentum divergence prevalent in the technology sector, and... READ MORE
Last week, eight new Bitcoin-based ETFs began trading courtesy of recent SEC approval. This launch was well anticipated, as the price had already run up in the hope that these new buyers would push it to an even higher level. The thought occurred to me that the situation is not... READ MORE