KEY TAKEAWAYS * A successful buy-the-dip strategy starts with having the right tools to identify a broad range of opportunities. * Market Movers paired with MarketCarpets is one approach that can help you spot potentially tradable stocks. * Conduct a deep-dive analysis to reduce the odds of catching a falling knife. If the... READ MORE
In this exclusive StockCharts video, Joe breaks down his trading strategy using multiple timeframes. He explains how to spot key patterns on higher timeframes and use lower timeframes for confirmation. Joe provides trading examples, including bearish setups, and analyzes the general market using the daily chart to predict the next... READ MORE
KEY TAKEAWAYS * Tariffs on China, Canada, and Mexico are officially in effect. * While US stocks have declined in response, might there be investing opportunities in international markets? With US tariffs on Canada, Mexico, and China having taken effect at midnight on Tuesday, US indexes extended their Monday losses, deepening concerns... READ MORE
In this video, Dave analyzes market conditions, bearish divergences, and leadership rotation in recent weeks. He examines the S&P 500 daily chart, highlighting how this week's selloff may confirm a bearish rotation and set downside price targets using moving averages and Fibonacci retracements. To validate a... READ MORE
Over the weekend, Donald Trump declared the creation of a U.S. strategic crypto reserve, which will include Bitcoin and four other cryptocurrencies. The price immediately responded with a substantial rally over the weekend, but, by the close of business on Monday, had given up all of those gains. That... READ MORE
The news is that the United States will have a Cryptocurrency reserve. How this will occur is still murky, but Bitcoin surged on the news. Carl and Erin give you their opinion on Bitcoin's chart setup and possible future movement. Carl opens the trading room with a review... READ MORE
KEY TAKEAWAYS * Communication services maintains top spot in sector ranking. * Financials moves up to #2, pushing consumer discretionary down to #3. * Technology and utilities hold steady at #4 and #5 respectively. * Portfolio performance now on par with benchmark after recent outperformance. Sector Rotation: Financials Climb as Consumer Discretionary Slips While... READ MORE
KEY TAKEAWAYS * ICE pushed to a new all-time high this week, completing a bullish rotation after finding Fibonacci support. * V has experienced a series of bullish breakouts after completing a cup-and-handle pattern in 2024. * JPM has pulled back to an ascending 50-day moving average, suggesting a potential short-term low during... READ MORE
As part of our regular market review in the DP Alert, we have begun to notice a very good indicator to determine market weakness and strength. It may not be new to all of you, but we've found as of late that this indicator tells a story. We... READ MORE
In this exclusive StockCharts video,Julius analyzes seasonality for U.S. sectors and aligns it with current sector rotation. He explores how these trends impact the market (SPY) and shares insights on potential movements using RRG analysis. By combining seasonality with sector rotation, he provides a deeper look at market... READ MORE
KEY TAKEAWAYS * Long-term Keltner Channels are trend-following indicators that identify volatility breakouts. * The Russell 2000 ETF triggered bearish this week and reversed a 14 month uptrend. * The S&P 500 SPDR remains within an uptrend and the current pullback is an opportunity. The Russell 2000 ETF triggered a bearish... READ MORE
KEY TAKEAWAYS * Bristol Myers Squibb's share price is gaining technical strength. * Monitor the stock price of Bristol Myers Squibb, as it's on the verge of breaking out of its 52-week high. Bristol Myers Squibb (BMY) reported strong Q4 earnings earlier in February, and prospects remain strong... READ MORE
KEY TAKEAWAYS * The retail sector has been trading sideways for almost three years. * Wall Street sees moderate growth for retail in 2025. * Retail may be presenting both swing trading and position trading opportunities right now. As "economic softening" increasingly emerges as the prevailing narrative driving the markets, the... READ MORE
In this exclusive StockCharts video, Joe breaks down reverse divergences (hidden divergence), key upside & downside signals, and how to use ADX and Moving Averages for better trades! Plus, he examines market trends and viewer symbol requests! This video was originally published on February 26, 2025. Click this link to... READ MORE
KEY TAKEAWAYS * Following the two "confidence" reports over the last few weeks, investors appear to be expecting a recession. * Defensive stocks are starting to show early strength relative to cyclicals. * If we're on the verge of a sector rotation, there are several tools you can use... READ MORE
In this video, Dave breaks down bearish macro signals and risk management using the "line in the sand" technique! Learn how to spot key support levels, set alerts on StockCharts, and protect your portfolio! This video originally premiered on February 26, 2025. Watch on StockCharts' dedicated David... READ MORE
KEY TAKEAWAYS * Investors are worried about a weakening economy and other headwinds. * Looking under the hood can reveal the strength or weakness of the overall stock market. * Investors are rotating out of technology stocks and into more defensive sectors. The US Consumer Confidence Index® came in much lower than expectations,... READ MORE
The S&P Composite ($SPX) briefly touched a new all-time high last week, which sounds encouraging. However, that kind of action was limited, as neither the Dow Industrials nor the NASDAQ Composite reached record territory. Such discrepancies can always be cleared up, of course, but more troubling is the... READ MORE
The complexion of the market is changing. Aggressive sectors which have led the market higher are now beginning to show signs of strain as momentum slowly dissipates and prices turn lower. However, defensive sectors (XLP, XLRE, XLV and XLU) are now leading the market. Typically when this occurs the market... READ MORE
In the later stages of a bull market cycle, we will often observe a proliferation of bearish momentum divergences. As prices continue higher, the momentum underneath the advance begins to wane, representing an exhaustion of buyers. We've identified a series of bearish momentum divergences in the early days... READ MORE
KEY TAKEAWAYS * Utilities entering the top-5 * Industrials dropping out of top-5 portfolio * Real-Estate and Energy swapping positions in bottom half of the ranking * Perfomance now 0.3% below SPY since inception. Utilities enter top 5 Last week's trading, especially the sell-off on Friday, has caused the Utilities sector... READ MORE
KEY TAKEAWAYS * Large cap growth stocks regaining favor as market faces pressure * Cap-weighted sectors outperforming equal-weighted counterparts * S&P 500 struggling to break above 610, suggesting potential trading range * Exceptions in mega-cap dominated sectors (Communication Services, Technology, Consumer Discretionary) With the market selling off into the close today, it&... READ MORE
The market declined heavily on Friday likely setting up for more downside ahead. We had already begun to notice that mega-cap stocks were beginning to weaken. You can see this on the relative strength line of the SPY versus equal-weight RSP. The relative strength line has been in decline. You&... READ MORE
KEY TAKEAWAYS * Gold and silver are crushing the commodities markets and the S&P 500. * Gold is hitting record highs, fueled by sentiment and speculation. * Consider the key levels to watch for investment opportunities in gold and silver. There's been a lot of wild speculation surrounding gold&... READ MORE
KEY TAKEAWAYS * Semiconductor stocks are waking up from a long slumber. * The StockCharts MarketCarpets tool can help identify the high performers. * Analyze each chart to identify trends and support or resistance levels. Disappointing guidance from Walmart (WMT) may have hurt the stock market on Thursday sending the broader indexes lower.... READ MORE
KEY TAKEAWAYS * Bearish momentum divergences suggest potential exhaustion of the bulls and limited upside. * Market breadth indicators have not confirmed recent highs, reflecting a lack of support outside the leading performers. * Dow Theory non-confirmation, a pattern first identified by Charles Dow, shows that market indexes are not confirming one another.... READ MORE
KEY TAKEAWAYS * SMCI shot up 110% following a 1,167% plunge. * While the company is projecting $40 billion in revenue by next year, many analysts aren't convinced (yet). * The price action, however, tells its own story and is a few levels away from a buy and an uptrend.... READ MORE
KEY TAKEAWAYS * Communication services (XLC) claims the top spot, pushing consumer discretionary (XLY) to second place * Technology (XLK) shows strength, moving up to fourth and displacing industrials (XLI) * Industrials displaying weakness, at risk of dropping out of the top five * RRG portfolio outperforming SPY benchmark by 69 basis points Shifting... READ MORE
KEY TAKEAWAYS * We can use the slope of moving averages, as well as a simple crossover technique, to define trends and identify trend changes. * Our Market Trend Model uses exponential moving averages, as they are more sensitive to changes in market direction. * Based on our Market Trend Model, the S&... READ MORE
As part of the DP Alert, we cover Bitcoin and the Dollar every market day. We have been watching some bearish indications on both Bitcoin and the Dollar with the double top chart patterns. On Bitcoin, price has been moving mostly sideways above support at 90,000. This happens to... READ MORE
KEY TAKEAWAYS * Markets plunged early Wednesday morning following a hotter-than-expected CPI report. * The Real Estate sector was among those hit hardest. * These stocks, filtered using a bearish New 52-Week Lows scan, display bottoming opportunities. Not everyone likes to take a contrarian stance. Most people prefer to move with the market,... READ MORE
KEY TAKEAWAYS * Intel stock has seen strong upside movement for four consecutive days. * Intel's stock price is hitting its 200-day moving average resistance. * If INTC stock breaks above its 200-day moving average and its next resistance level, considering accumulating INTC shares in your portfolio. Intel's stock... READ MORE
In this exclusive StockCharts video, Joe shows how the 4-day moving average can be useful especially in volatile markets. He explains the advantages of using it in conjunction with the 18-day MA to prevent buying at the wrong time and highlighting when good opportunities appear. He then goes through the... READ MORE
KEY TAKEAWAYS * META and NFLX remain in strong uptrend phases, with limited drawdowns in 2025. * Four of the Mag7 names can be classified as "broken charts", with recent breakdowns representing an important change of character. * AMZN and GOOGL offer perhaps the most concerning short-term patterns, with bearish momentum... READ MORE
KEY TAKEAWAYS * NVDA stock is staying within clear support and resistance levels. * NVDA's stock price is approaching a position of strength. * If NVDA's stock sees upside momentum, it may be time to accumulate positions. Do you remember when NVDA stock had a very high StockCharts Technical... READ MORE
The nickname "Dr. Copper" comes from its reputation as a reliable economic indicator. That's because it is used worldwide in a wide range of industries, including construction, electronics, and manufacturing. When demand for the red metal is high, it often signals that these industries are booming,... READ MORE
The market rebounded to start trading on Monday, but indicators on Friday suggest internal weakness. Carl gives us his latest analysis on the market as well as taking a look at Gold which is making more all-time highs. Get Carl's perspective on the Gold rally. Besides looking at... READ MORE
KEY TAKEAWAYS * Top-5 remains unchanged * Healthcare and Staples jump to higher positions * Price and Relative trends remain strong for XLC and XLF No Changes In Top-5 At the end of the week ending 2/7, there were no changes in the top-5, but there have been some significant shifts in... READ MORE
In what can be called an indecisive week for the markets, the Nifty oscillated back and forth within a given range and ended the week on a flat note. Over the past five sessions, the Nifty largely remained within a defined range. While it continued resisting the crucial levels, it... READ MORE
We are currently in a declining trend in the market and internals are telling us that this weakness will continue to be a problem. Our primary indicators in the short- and intermediate-term have topped with one exception. The Swenlin Trading Oscillators (STOs) started down on Thursday and the STO-B continued... READ MORE