KEY TAKEAWAYS * The Hindenburg Omen looks for patterns that have consistently shown at major market tops. * Using trend-following techniques like support and resistance levels can help to improve accuracy of macro indicators. * S&P 5850 remains the most important level in our view going into year-end 2024. This week... READ MORE
Nearly all of our charts currently show deeply oversold conditions. While this is usually a good thing, in a market downturn, it isn't necessarily your friend. As you can guess, we believe that Wednesday's big decline was the beginning of something more serious. But the question... READ MORE
The "Trump Trade" refers to the market reaction and investment strategies that emerged following Donald Trump's election victories and his economic policies. It describes the shift in market sentiment driven by anticipated pro-business policies, tax cuts, and deregulation under his administration. Investors initially rushed into sectors... READ MORE
KEY TAKEAWAYS * SPY and QQQ are still in long-term uptrends, but the red flags are rising. * Housing and semis, two key cyclical groups, are in downtrends. * Interest rates are rising as the 10-yr Yield reversed a 13 month downtrend. SPY and QQQ remain in long-term uptrends, but three big negatives... READ MORE
KEY TAKEAWAYS * Track the Yield curve moving back to normal on RRG * USD showing massive strength against all currencies * Stock market drop not affecting sector rotation (yet) The Yield Curve The RRG above shows the rotations of the various maturities on the US-Yield Curve. What we see at the moment... READ MORE
KEY TAKEAWAYS * Broader stock market indexes got a bearish jolt on Wednesday. * Gold, silver, and cryptocurrencies joined the equity selloff. * Treasury yields and the US dollar jump higher. Uncertainty in the stock market makes it difficult to make investment decisions. When investors sell off stocks, everyone follows without giving it... READ MORE
While the S&P 500 and Nasdaq 100 have been holding steady into this week's Fed meeting, warning signs under the hood have suggested one of two things is likely to happen going into Q1. Either a leadership rotation is amiss, with mega-cap growth stocks potentially taking... READ MORE
This year has been a very good one for stockholders. Come to think of it, 2023 wasn't so bad either. After an extended period of gains, it's natural for investors to become complacent, especially as they head home for the holidays. This is the kind of... READ MORE
Today Erin looks at the Broadcom (AVGO) chart and compares it to the NVIDIA (NVDA) chart. She shows us the differences between the two and tells you whether she believes AVGO will be the new NVDA, meaning it will perform as NVDA used to perform with a concerted move up... READ MORE
The markets had a wide-ranging week once again; however, they ended near its high point this time. The Nifty had ranged sessions for four out of five days; the last trading day of the week saw the Nifty swinging wildly before closing near its high point. The trading range also... READ MORE
In this video, Mary Ellen highlights how select M7 stocks, mostly TSLA, propped the markets up while some sectors continued to trend lower. She reviews how to find entry points in winning stocks, and also discusses why Small Caps are falling. This video originally premiered December 13, 2024. You can... READ MORE
In recent interviews for my Market Misbehavior podcast, I've asked technical analysts including Frank Cappelleri, TG Watkins, and Tom Bowley what they see happening as we wrap a very successful 2024. With the Nasdaq 100 logging about a 30% gain for 2024, it's hard to imagine... READ MORE
After the November pullback, GLD began to rally again. This week, on Wednesday, price exceeded the nearest November top, which made official the new rising trend from the November low. Brief celebration ends the following day as GLD tops, setting the top boundary for a bearish rising wedge formation. Rising... READ MORE
Despite its position as a luxury automaker synonymous with prestige and performance, Ferrari N.V. (RACE) may be showing signs of a near-term downturn. Recent price action, coupled with stretched valuations and slowing shipment trends, suggests that RACE may face potential downside. By incorporating both technical and fundamental analysis, we... READ MORE
KEY TAKEAWAYS * Small caps tend to outperform following an election year. * In most annual cycles, small caps also have their seasonal tendencies. * The chart of the iShares Russell 2000 ETF (IWM) is worth monitoring, especially as it approaches a buy point. With an new administration inbound in Washington, D.C.... READ MORE
In this exclusive StockCharts video, Joe shows how to use the MACD zero line as a bias for a stock. As opposed to offering a buy signal, this Zero line level can provide insight into a market or stock's underlying condition; Joe shows how to refine that information... READ MORE
Tony and Grayson are back with another informative video highlighting the opportunities the OptionsPlay add-on brings to the StockCharts platform. Tony highlights income generation ideas you can find with the add on. Together, the duo also cover the strategy center, and the SharpCharts and ACP widgets. This video premiered on... READ MORE
KEY TAKEAWAYS * The S&P 500 and Nasdaq Composite are inching toward key support levels. * Gold prices have risen on news of China's central bank's decision to buy gold. * NVDA is under investigation for antitrust activities, and its stock price is declining. The Tuesday afternoon... READ MORE
Chart 1 compares the S&P Composite with the NYSE A/D Line and its Common Stock counterpart. These, of course, are not intermarket relationships, but the chart does show that some near-term weakness would violate their bull market trendlines. Violating a trendline is not necessarily the end of... READ MORE
In this video, Dave unveils his "line in the sand" technique to help determine when stocks in established uptrends may be near the end of the bullish phase. He'll share specific levels he's watching for the S&P 500, AMZN, TMUS, and KR,... READ MORE
Today Carl looks at the 26 indexes, sectors and groups in a CandleGlance to see how the indexes stack up. It is clear that all of the indexes are as good as they can get. Carl warns that when things are as good as they can get, the only place... READ MORE
The markets closed with gains for the third week in a row, as key indices posting gains while extending their technical rebound. The Nifty trended higher most of the week. The volatility was largely absent, but the Indices stayed quite choppy on most days except the last, where it remained... READ MORE
KEY TAKEAWAYS * The broader stock market indexes continue to notch new record highs. * Risk appetite is strong as Bitcoin rises while Treasury yields and volatility retreat. * Earnings from Oracle, Adobe, Broadcom, and Costco may move the stock market next week. The first trading week in December started on a positive... READ MORE
KEY TAKEAWAYS * Low VIX reading implies that conditions are favorable for stocks. * The MOVE index is basically a VIX for bonds, and can help to corroborate volatility readings across asset classes. * High yield spreads remain quite narrow, implying bond investors perceive a low risk environment. "The market goes up... READ MORE
You may not know it, but StockCharts' library of economic indicators has recently been enlarged. It's not as extensive as, say, the stock coverage, but it does include a lot of indicators that actually work, in the sense of helping identify major reversals in stock, bond, and... READ MORE
KEY TAKEAWAYS * Growth stocks are regaining leadership over value. * Small and mid-cap growth sectors are leading the charge. * Large-cap value is currently the weakest market segment. Growth vs. Value Rotation: The Pendulum Swings Again Relative Rotation Graphs (RRG) are not just good tools to use in analyzing sector rotation; they&... READ MORE
Industrials (XLI) benefited greatly from the "Trump Trade", but fell back to digest the gap up rally. It rallied again, but failed after overcoming overhead resistance at the prior November top. Now it is pulling back once again, which that has formed a bearish double top formation. The... READ MORE
The secret sauce of 1-2-3 investing is quite simple: don't skip Step 2. Far too many investors who've succeeded in creating wealth are anxious to rush forward with "all gas, no brakes" to embrace the excitement of Step 3 - Asset Growth. Only in... READ MORE
My recent discussions on the Market Misbehavior podcasthave often included some comments on the interest rate environment, particularly the shape of the yield curve. We've had an inverted yield curve since late 2022, and so the yield curve taking on a more normal shape could mean a huge... READ MORE
KEY TAKEAWAYS * Assess the cumulative strength or weakness of a stock's up and down days to help decide on a prospective trade or investment. * MarketCarpets can comprehensively display the cumulative strength or weakness of stocks in a specific group, such as the S&P 500. * Discover how... READ MORE
In this exclusive StockCharts video, Joe uses long-term views of the S&P 500 to explain how the market is positioned as we move into 2025. He uses Yearly and Quarterly Candles and describes why there is a risk of a pullback next year, and he also covers the... READ MORE
In this exclusive video,Julius analyzes the completed monthly charts for November and assesses the long-term trends for all sectors. What we can expect for the coming month of December based on seasonality? With the technology sector under pressure, an interesting opportunity appears to be arising in Financials. This video... READ MORE
In this video, Dave reflects on the shape of the yield curve during previous bull and bear cycles with the help of StockCharts' Dynamic Yield Curve tool. He shares insights on interest rates as investors prepare for the final Fed meeting of 2024, and shares two additional charts he&... READ MORE
On Friday our short-term Swenlin Trading Oscillators (STOs) turned down even after a rally. This is an attention flag that we shouldn't ignore, but what do the intermediate-term indicators tell us? Are they confirming these short-term tops? Carl goes through the DP Signal tables to start the program... READ MORE
KEY TAKEAWAYS * The broader stock market indexes take a breather. The day before Thanksgiving, the stock market took a little breather. But the weekly performance was still impressive. The Dow Jones Industrial Average ($INDU) remains the broader index leader, rising 0.96% for the week. The S&P 500... READ MORE
In this video from StockCharts TV,Julius takes a deep dive into US sector rotation, breaking it down into offensive, defensive and cyclical sectors. He first looks at the relative rotations that are shaping up inside the group, assessing each sector's price chart in combination with the rotation... READ MORE
KEY TAKEAWAYS * The 10-yr Treasury Yield reversed its upswing with a sharp decline. * The 7-10 Yr Treasury Bond ETF surged and reversed its downswing. * Lower yields provided a big boost to the Home Construction ETF. The 10-yr Treasury Yield reversed its upswing with a sharp decline and the Home Construction... READ MORE
This article is not centered around a specific theme; rather, it focuses on some charts which look as if they are about to signal an important change in trend. In this case, "important" is defined as a forthcoming move lasting at least 3-months. My indicator of choice for... READ MORE
In this video, Dave shares how he uses the powerful ChartLists feature on StockCharts to analyze trends and momentum shifts as part of his daily, weekly, and monthly chart routines. He shows how mindful investors can use ChartLists to identify inflection points, focus on top performers, analyze performance trends, and... READ MORE
KEY TAKEAWAYS * Stocks and bond prices rallied on Monday in response to President-elect Trump's pick for Treasury Secretary. * Gold and oil prices fell steeply as concerns of geopolitical risks ease. * Small and mid-cap stocks were the leaders in today's equity rally. It's a short... READ MORE