In this edition of StockCharts TV'sThe Final Bar, Dave shares a brief history of Bitcoin halving and relates it to the short-term and long-term technical outlook on this significant development for cryptocurrencies. He also focuses on stocks testing their 50-day moving averages, including NFLX, SMCI, and MSTR. This... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave shows how bearish short-term breadth combined with the deterioration in long-term breadth lines up well with previous market tops. He then breaks down key levels for the S&P 500 index as well as MSFT, TSLA, and more.... READ MORE
Carl opens the show with a view of the final earnings results for 2023 Q4! His chart reveals whether stocks are fair valued, overvalued or undervalued. Get his take on the current readings. Carl gave us his market overview including Bitcoin, Gold Miners, Gold and Crude Oil and many more.... READ MORE
In the last couple of weeks, I have been reading stories about shoppers picking up gold bars in, of all places, Costco. According to Gemini, the AI branch of Google, "Reports indicate they may be selling up to $200 million worth of gold bars every month." Normally, thin... READ MORE
Going into the previous week, the markets had been expected to inch higher; however, at the same time, while it was believed that incremental highs may be formed, it was also expected that a runaway move would not happen. Over the past four trading sessions, the markets traded precisely on... READ MORE
KEY TAKEAWAYS * The weekly RSI has signaled an exit from overbought conditions, but the weekly PPO has not yet indicated a bearish reversal. * A break below the 200-day moving average would validate the weekly sell signals, and align with previous market tops since the 2009 market bottom. Toward the bottom... READ MORE
The Dow Jones Industrial Average fell 2.4% last week in a move that pushes this index further below its key 50-day simple moving average. While not the most widely followed index, the Dow has continued to evolve so that its 30 components more closely represent the current economy. Amazon&... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares key signals that it's time to sell a stock, using INTC as an example. She also reviews a key area of support for the markets, and new sectors that have entered a downtrend. She finishes... READ MORE
KEY TAKEAWAYS * Dow Jones Industrial Average, S&P 500, and Nasdaq Composite dropped * Gold keeps hitting new highs * The VIX spiked above 18 but closed at 17.31 Now that earnings season has begun, what can you expect the stock market to do, especially after its stellar Q1 run?... READ MORE
Wednesday brought an unexpected firming up of the inflation figures, causing analysts and commentators to trim the number of times they expect interest rates to be cut this year. Whenever it is that the questions turn away from whether to when and by how much, as was the case until... READ MORE
KEY TAKEAWAYS * Outsized Moves Can Jump Start Trends * Chartists can use ATR-SAR to Identify Outsized Moves * Housing and Retail are Leading Lower with Outsized Declines Trends often start with outsized moves. But how do we measure and identify such moves? Chartists can measure moves in Average True Range (ATR) terms... READ MORE
KEY TAKEAWAYS * The energy sector remains on a very strong rotational path * A completed top formation in Healthcare opens up significant downside risk * Smaller Technology stocks are taking over from mega-cap names A Sector Rotation Summary A quick assessment of current sector rotation on the weekly Relative Rotation Graph: XLB:... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains how to use the RSI along with the MACD and ADX indicators. RSI is used as a timing tool when things are lined up. Joe goes through some of the key elements he looks for when... READ MORE
Note to the reader: This is the sixteenth 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
S&P 500 earnings are in for 2023 Q4, 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
KEY TAKEAWAYS * A few fringe economists are sounding the alarm on a looming series of banking collapses * With bank holdings of government debt now underwater, some claim that banks are virtually insolvent as a result * Whether any of this takes place, even partially, technical levels on the charts can help... READ MORE
This may seem like a contradiction, but it is possible for two different things to be true at the same time. What I am referring to is the fact that the health care sector (XLV) recently broke out from a consolidation reverse head-and-shoulders pattern, as we can see from the... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave drops a market update, with a focus on Bitcoin's rebound above 70K, deteriorating short-term breadth conditions, and stocks still making new highs despite the market consolidation phase. This video originally premiered on April 8, 2024. Watch on... READ MORE
In the previous technical note, it was categorically mentioned that, while the markets may attempt to inch higher, they may not form anything beyond minor incremental highs and could largely continue to stay under consolidation. In line with the analysis, the Nifty did form a new lifetime high, but eventually... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen shares what to be on the lookout for to tell if it's safe to put new money to work. She also shares the weakness in select sectors and which areas she suggests to underweight. Last up,... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave answers questions from The Final Bar Mailbag. Today he talks about how to use the ADX indicator, how growth vs. value may have formed a double top pattern, how to use VWAP for intraday and historical analysis, and what... READ MORE
The VIX ended the week just above 16, bringing it to its highest level in 2024. What does this tell us about investor sentiment, and how does this compare to previous market cycles? Let's take a quick tour of market history through the lens of the VIX, focusing... READ MORE
KEY TAKEAWAYS * A stronger-than-expected jobs report sent the stock market higher * Several stocks and ETFs hit new all-time highs today * Commodity prices continue to rise One day doesn't make a trend—that's one lesson we learned from this week's stock market action. The March... READ MORE
KEY TAKEAWAYS * Energy sector is breaking higher on price chart * XLE's RRG tail is continuing to pick up steam * The exploration & production industry is leading inside the energy sector Strong Rotation on the Weekly RRG For a few weeks now, the improvement in the energy sector (XLE)... READ MORE
The Markup Phase of a Bull Market is glorious to behold and participate in. But they do ebb and flow. The bullish run in the major stock indexes has been persistent in 2024. We often discuss the quarter-end effect for stock index trends and the upward trend has persisted into... READ MORE
KEY TAKEAWAYS * Several analysts have grown exceedingly bullish on silver which has been undervalued for some time * Price targets are now at the range of $35 to $50 an ounce * The technical outlook presents a mixed picture, but there are a few key levels to watch if you're... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave welcomes Sean McLaughlin of All Star Charts. Sean shares his outlook for the Ark Innovation Fund (ARKK) and energy stocks (XLE) and how to employ options strategies to bet on particular outcomes. David tracks the afternoon selloff which created... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe demonstrates how to use the "Big Green Bar" candlestick pattern. This candlestick provides great confirmation on certain types of entry points, and can also be helpful for exits. Joe finishes up the show covering the... READ MORE
Note to the reader: This is the fifteenth 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 * The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite remains unfazed about interest rates remaining higher for longer. * Commodity prices such as oil, gold, and cocoa are rising, even though inflation seems to be cooling. * The top S&P 500 sector performers indicate the... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave welcomes Mish Schneider of MarketGauge as she walks through charts of the Swiss Franc, solar stocks, and uranium, with a focus on price momentum and multiple time frame analysis. Dave breaks down the S&P 500 sectors into... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave welcomes guest Joe Rabil of Rabil Stock Research, who shares two sectors, Energy and Materials, where he sees upside potential given the recent upswing in commodity prices. Dave speaks to the developing pullback in growth leadership names and why... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave and guest Julius de Kempenaer of RRG Research talk sector rotation, growth vs. value, offense vs. defense, and an outlook for the US equity markets as we begin Q2 2024. Dave also charts the strong breadth readings and low... READ MORE
Sometimes, simple indicators like bar or candlesticks operate just as the textbooks tell us they should. I don't normally follow individual stocks, but the hype surrounding last week's listing of Trump Media piqued my interest to see if the technical position squared with what the many... READ MORE
Today Carl and Erin cover the topic of On-Balance Volume (OBV) as a representation of volume trends. This came to their attention as they uncovered an OBV negative divergence on the SPY chart. Carl completes a review of the weekly charts for the Magnificent 7 stocks, giving us a more... READ MORE
Here comes the answer to a very old question, "Do stocks lead the economy, does the economy lead the stock market, or is there something else?" My work has shown numerous times that GDP is not a good predictor of the Dow Jones. Also, business inventories and a... READ MORE
The Fed's preferred gauge of inflation was released today and, according to Fed chief Jerome Powell, "it was good," as there were no ugly surprises. This news could boost the markets, as sticky inflation data has had investors on edge amid interest rates that have remained... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what's shaping up in the broader markets after the Fed announced their rate cut plans. She also shares how to use ETFs to shape your investment decisions for the longer term. In addition, Mary Ellen... READ MORE
This article represents an exercise I like to call the "Single Stock Portfolio". In this scenario, you can only own one stock in your portfolio for the next three months, and you can pick any one of the following eight stocks. Which one would you select, and why?... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave presents a mailbag show discussing key technical analysis topics. He covers breakouts, the role of TSX, CCI signals, Gartner Group (IT) strategies, seasonal patterns, ATR use, NVDA Fibonacci retracements, and managing high-yield stocks like GLP. You don't... READ MORE