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 of... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave welcomes Mike Singleton of Invictus Research. David highlights a bearish momentum divergence for gold, and also illustrates how mid-cap and small-cap stocks have yet to make new highs in Q2. Mike paints a bullish picture for stocks based on... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave is joined by special guest Julius de Kempenaer of RRG Research. Dave hits on the out-performance of traditionally defensive sectors and breaks down the charts of FSLR, NVDA, and more. Julius, meanwhile, is cautiously optimistic as the equity indexes... READ MORE
KEY TAKEAWAYS * RIOT may be a beaten-down stock, but it has potential to rise higher * A breakout above key the $12.65 price range on momentum could mean the stock price would move higher * A potential resistance level is the $18.30 level If you're not familiar, Riot... READ MORE
Today Erin takes a deep dive into the Semiconductors (SMH). She goes over the "under the hood" health of the industry group and then takes us within the industry group to find the leadership stocks in that area. Carl shares his wisdom on the current conditions of the... READ MORE
KEY TAKEAWAYS * trend continuation * breakouts * Momentum Confirmation * Bull Flags Top 5 Stocks in "Go" Trends Trend Continuation on Rising Momentum GoNoGo Charts® highlight low-risk opportunities for trend participation with intuitive icons directly in the price action. The resurgence of momentum in the direction of the underlying price trend... READ MORE
As the S&P 500 and Nasdaq 100 have once again made new all-time highs, and the Dow Jones Industrial Average has briefly broken above the 40,000 level for the first time, how should we think about further upside for our equity benchmarks? There are two general ways... READ MORE
In this edition of StockCharts TV'sThe Final Bar, join Dave and Grayson as they run through the top 10 charts to watch in May 2024! They'll cover breakout strategies, moving average techniques, relative strength, and much more. You don't want to miss these insights... READ MORE
KEY TAKEAWAYS * Gold and silver are on the verge of breaking out toward record highs * Gold and silver have reached most analyst price targets, but they could rise further * From a technical perspective, gold and silver prices could smash above resistance levels Gold is on the verge of breaking into... READ MORE
Today, the Biotechnology ETF (IBB) 20-day EMA crossed up through the 50-day EMA (Silver Cross), generating an IT Trend Model BUY Signal. If we look "under the hood," we can see that participation continues to expand. The Silver Cross Index tells us how many stocks within this group... READ MORE
Certainty is needed for a trader's actions. Good judgment comes from experience, and experience is gained from poor judgment. The key to improving your trading is to really, truly study the losing trades. In this month's Family Gathering video, Larry presents PPI numbers for historical buy... READ MORE
Note to the reader: This is the twenty-first 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 * Investors look like they're keeping their powder dry until key economic data is released this week * The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite are trading close to their highs, but are hesitant to reach it * Meme stocks showed their might today,... READ MORE
Last February, I wrote an article on emerging markets, using the iShares MSCI Emerging Markets ETF (EEM) as my benchmark. I pointed out that this sector was close, but had not quite broken out to the upside. Now it has, and the outlook is favorable for at least a 4-6-month... READ MORE
KEY TAKEAWAYS * Trend Continuation * Breakouts * Bullish Flags * Momentum Confirmation Top 5 Stocks in "Go" Trends Trend Continuation on Rising Momentum GoNoGo Charts® highlight low-risk opportunities for trend participation with intuitive icons directly in the price action. The resurgence of momentum in the direction of the underlying price trend... READ MORE
There's no denying the strength the major averages have displayed off their April lows. The S&P 500 finished the week within a rounding error of the previous all-time high around 5250. What would it take for the SPX and NDX to power to new all-time highs... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave uncovers strength in SQSP using the Stochastics Oscillator and the StochRSI indicator. He shares his favorite chart for analyzing relative strength ratios for leading stocks, and also answers viewer questions on price patterns for XLB and PYPL, plus best... 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 the... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave breaks down an unusual day for stocks. The S&P 500 and Nasdaq closed higher, but the top sectors were defensive - real estate and utilities! He shares key levels to watch for NVDA, AAPL, TSLA, and more,... READ MORE
KEY TAKEAWAYS * XLF on strong RRG-Heading, rotating back into leading quadrant * XLF price approaching overhead resistance after short setback * Three major financial stocks ready for upward breaks to lead the sector higher The Relative Rotation Graph for US sectors shows long tails for XLE and XLU. Both are on a... READ MORE
Note to the reader: This is the twentieth 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
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 SPY. We... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains how he uses a rising volatility condition to signal increased risk. He then discusses what needs to take place to offer a nice trading opportunity, and shows how to adjust your approach when volatility is increasing.... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave focuses in on price pattern analysis for the S&P 500, then reflects on the emergence of defensive sectors like consumer staples. He also recaps earnings movers, including DIS, SHOP, and more. This video originally premiered on May... READ MORE
The magnitude and duration of corrections are largely determined by the direction of the prevailing primary trend. If it's bearish, they tend to be more severe and last longer. In a bull market, it's just the opposite, as they are generally short and sweet, if you... READ MORE
KEY TAKEAWAYS * Novo Nordisk's stock price fell after its Q1 earnings report, but pivoted and reversed * NVO stock could break above its all-time highs * A couple of technical indicators can help confirm your buy decision Novo Nordisk (NVO) reported Q1 earnings on May 2. Even though it was... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps another strong day for stocks as the S&P 500 regains its 50-day moving average. He then identifies key levels to watch for PLTR, LCID, NFLX, NVDA, and AAPL, and breaks down the latest market breadth indicator... READ MORE
Today Erin uncovers two industry groups that are showing strength and potential in the short term. She takes a look "Under the Hood" to reveal participation and trends that are quite bullish. Carl walks us through the market overall, covering not only the SPY, but also interest rates,... READ MORE
KEY TAKEAWAYS * A key short-term breadth indicator became oversold in mid April. * Stocks are bouncing after this oversold reading. * Breadth, however, has yet to show a serious expansion in participation. Stocks fell sharply into late April and then rebounded over the last two weeks. SPY fell 5.34% from March... READ MORE
As investors flock to Omaha, Nebraska in their annual pilgrimage to learn from the great Warren Buffett, it seems an opportune time to reflect on the technical evidence for Berkshire's biggest holding, Apple (AAPL). Today, we'll consider AAPL using "multiple time frame analysis", in... READ MORE
KEY TAKEAWAYS * Comparing equal-weighted and cap-weighted sectors on a Relative Rotation Graph can offer interesting insights * When the trajectory of the tails and their position on the chart differ significantly, further investigation is warranted * At the moment, two sectors are showing such divergences All on the Same Track... or? The... READ MORE
Note to the reader: This is the nineteenth 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 * AMD stock plunged 7% after slightly topping Wall Street estimates * There are three crucial turnaround levels to closely close monitor * Momentum is key when deciding whether to go long, wait, or call off the trade Advanced Micro Devices (AMD) slightly topped Wall Street's earnings and guidance... READ MORE
I last wrote about the dollar in December, where I came to the conclusion that a limited rally was a likely possibility in what was assumed to be a primary bull market. I am still of the view that the bull market is alive and well, but it's... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe breaks down the differences between buyers and sellers, and shows how the ADX/DI can be used in three different ways: The action phase, low ADX period and an expansion phase. Understanding this indicator will give you... READ MORE
All You Need to Know About Crude Oil and the Future Gold, black gold, is what Crude Oil has become. The entire world runs on energy. 98% of our cars and transportation, our lights, the device you are using to read this... virtually everything we can do is thanks to... READ MORE
KEY TAKEAWAYS * The SPDR S&P 500 ETF (SPY) dipped lower after hitting resistance of its 50-day moving average * There are three key turnaround levels to watch closely to determine if the pullback is over * Breadth indicators can identify when the buyers are back What's a trader... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps the S&P 500's late inning rally to test the 50-day moving average from below. What levels could come into play with this week's Fed meeting on Wednesday? He also focuses on key... READ MORE
Today Carl puts the spotlight on the Magnificent 7 with a look at not only the daily charts, but also a review of the intermediate term using weekly charts. See where they are headed short-term and what are our expectations are in the intermediate term. Carl also gave us his... READ MORE
We've been covering the signs of weakness for stocks, from the bearish divergences in March, to the mega-cap growth stocksbreaking through their 50-day moving averages, to even thedramatic increase in volatilityoften associated with major market tops. While Q1 was marked by broad market strength and plenty of new... READ MORE