KEY TAKEAWAYS * Microsoft's Q1 2024 earnings report beat analyst expectations * Microsoft's weekly charts suggest a long-term bullish stance for MSFT stock * Microsoft's daily chart also shows a bullish stance with the stock trading well above its 200-day movign average When Microsoft (MSFT) reported earnings... READ MORE
KEY TAKEAWAYS * Google's Q3 earnings will have an impact on which way the stock moves * GOOGL's daily stock chart shows the stock is trading very close to its 52-week high * GOOGL stock is trading above its 21-day exponential moving average, it has a high SCTR rank,... READ MORE
KEY TAKEAWAYS * Golden Cross BUY Signal for Gold * Death Cross SELL Signal for NYSE Composite * Death Cross SELL Signal for Materials (XLB) Gold (GLD) has been strong this month and today its 50-day EMA crossed up through its 200-day EMA (Golden Cross), generating an LT Trend Model BUY Signal. You... READ MORE
KEY TAKEAWAYS * RRG is sending a strong message to prefer Growth over Value * Putting the growth stocks from IVW through a scan and some thorough RRG analyses finds a handful of interesting names * Two unexpected stocks are showing up as having good upside potential * Especially growth stocks from Defensive sectors... READ MORE
KEY TAKEAWAYS * Scanning for stocks that are reaching all-time highs while the broader market is trending lower can result in ideal trading opportunities * Look for stocks that are trending higher over the longer-term and pulling back * FANG, PGR, and MUSA are showing signs of pullback and should be on your... READ MORE
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'... READ MORE
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... READ MORE
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... READ MORE
In this edition of the GoNoGo Charts show, with US Equities delivering a streak of daily gains this week, Alex and Tyler examine the daily weak NoGo trend conditions against the weak Go trend conditions on the weekly timeframe. The model is calculated the exact same way, but longer timeframe... READ MORE
On this episode of StockCharts TV's Sector Spotlight, after two weeks of absence, Julius de Kempenaer is back with an in-depth look at the current state of asset class rotation and sector rotation. By slicing sectors into Offensive, Defensive, and Sensitive groups, he paints a picture with an... READ MORE
I must say, I was surprised that the outbreak of war in the Middle East and a 4% rise in oil sent the market higher, not lower by the close of business last Monday. Typically, a market that does not respond to bad news in a negative way is one... READ MORE
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... READ MORE
KEY TAKEAWAYS * Leading indicators help anticipate price reversals, while lagging indicators validate trend changes you've already observed. * RSI combines the qualities of leading and lagging indicators, helping investors to prepare for and react to trend reversals. * AAPL recently showed a bullish momentum divergence, meaning the leading indicator has... READ MORE
On this week's edition of StockCharts TV'sStockCharts in Focus, Grayson explores the Seasonality tool and shares how these unique charts can help you gain a deeper, more data-driven perspective on the market's latest moves. By charting historical price moves for each month of the... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave tracks the rapid decline in growth sectors including Technology and Communication Services as defensive plays like utilities and gold post a strong finish to the week. Dave answers questions from The Final Bar Mailbag on the McClellan Summation Index... READ MORE
The market followed the Moxie rules perfectly this week. The setup was there for our traders, and so we took advantage of the choppy down move over the last three days which were spurred on by some economic reports and worldly events. In this week's edition of Moxie... READ MORE
KEY TAKEAWAYS * Broader stock market indices are still holding support despite the selloff * The VIX closed higher but it's still tame relative to past readings * Gold futures closed above $1900 per ounce indicating that investors may have fled to gold in case geopolitical tensions escalated over the weekend... READ MORE
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... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe discusses keys to using the ADX indicator. He focuses on the 2 clear strategies for ADX and how to handle them. In addition, he describes the slope of this line and how that affects the strategy. Joe... READ MORE
Despite a rough ride in September, the S&P 500 is still up 14% year-to-date and the Nasdaq 100 is up a whopping 40%. The gains here, however, do not tell the entire story because many stocks are struggling in 2023. In fact, around half of the stocks in... READ MORE
Several short-term charts suggest the SPDR Real Estate ETF (XLRE) is getting ready to rock and roll, thereby indicating an extension to this week's rebound is in the cards. It's possible that the expected rally could result in shifting some of the longer-term indicators towards a... READ MORE
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... READ MORE
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... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Doug Ramsey, CFA CMT of The Leuthold Group talks small-cap underperformance and shares two breadth indicators illustrating the recently dire conditions. Host David Keller, CMT declares the 200-day moving average "the most important line in the sand for... READ MORE
The next direction of the long bonds is crucial in determining the macro. First, after a wrecking ball crash and ahead of the FOMC, we could surmise that a bottoming-like action defines the last several trading days. Our Real Motion indicator shows a mean reversion. The 10-day moving averages (cyan... READ MORE
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... READ MORE
Chartists looking to get the jump on a bigger breakout can turn to the swings within a developing pattern. For example, a Symmetrical Triangle after an advance is a bullish continuation pattern. We can get the jump on a breakout by trading a downswing reversal within the pattern. Let'... READ MORE
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... READ MORE
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... READ MORE
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... READ MORE
KEY TAKEAWAYS * Strong September jobs report caused an initial shock but investors overcame it and the broader stock market indexes all closed higher * Volatility remained below 20 during the trading day * In addition to Technology and Communication Services, Financials may be showing bullish strength September's strong labor market—... READ MORE
The bond market is doing what the Federal Reserve hasn't -- raising rates. The fear is something is going to break. On this week's edition of StockCharts TV'sHalftime, Pete reviews the TLT chart again, talking over the US 2-year yield less the US 10-year... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Jesse Felder of The Felder Report shares his long-term charts comparing price and earnings, and reveals the two charts he's watching now to navigate a potential market bottom. Dave focuses on resilient strength in the semiconductor group and... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe discusses the importance of the 18-month MA line for investing. He shows how it can provide a bias for a stock or market for years, and how it reveals when to play counter to the trend. Joe... READ MORE
S&P 500 earnings are in for 2023 Q2, 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
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... READ MORE
KEY TAKEAWAYS * Rising yields have wreaked havoc on equities but it's not necessarily a cause for worry * Growth stocks have performed well during high interest rate environments and are likely to do so again * The Bullish Percent Index can signal when a turnaround will occur The stock market... READ MORE
The Dollar Index I last wrote an article on the dollar in August, The Dollar Index Goes to Missouri. In it, I pointed out that the Index had reached crucial resistance, which, if surpassed, would signal a new primary bull market and a likely fourth up leg to the  secular... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Jeff Huge, CMT of JWH Investment Partners updates his Elliott Wave count for the S&P 500 and shares what the MOVE index can tell us about further upside potential for interest rates. Dave recaps the continued deterioration... READ MORE
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... READ MORE