KEY TAKEAWAYS * A head-and-shoulders top pattern has to complete three phases before it can be considered valid. * Even if semiconductors would complete this bearish price pattern, strength in other sectors suggests limited impact on the broader equity space. After Nvidia (NVDA) dropped after earnings this week, investors are once again... READ MORE
KEY TAKEAWAYS * Stocks close higher on Friday with volatility remaining low. * September is typically a weak month for equities. * Energy and Utilities tend to perform better in September. It's a quiet end to August, with the broader stock market indexes wavering higher and lower. The Market Overview panel... READ MORE
KEY TAKEAWAYS * Financials typically struggle in September, but tend to rally in Q4. * XLF has broken into all-time high territory, but its momentum is fading. * If XLF dips in September, it could present a buying opportunity. Financial sector stocks are at an all-time high, fueled partly by earnings beats, a... READ MORE
KEY TAKEAWAYS * SPY is pushing against resistance. * The technology sector is out of favor, and semiconductors are a drag for it. * NVDA is big, but it is not the only semiconductor stock. It's All Still Relative The weekly Relative Rotation Graph, as it looks toward the close of... READ MORE
Let's get this out of the way... In our last Family Gathering, I announced I am doing my best to retire. That means we will have our September Family Gathering, the October newsletter and mid-month Family Gathering. After that, "Focus on Stocks" is all over. I... READ MORE
KEY TAKEAWAYS * The Dow Jones Industrial Average closed at a record high in a thin trading day. * The Financial sector continues to lead. * Overall, the stock market remains healthy with low volatility. The thin trading ahead of Labor Day weekend is here. Despite that, on Thursday, the Dow Jones Industrial... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave breaks down key sector leadership themes and why growth stocks like Nvidia continue to take a back seat to value-oriented sectors. He speaks to the inverted yield curve, performance of the equal-weighted S&P 500 vs. the Magnificent... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps a brutal day for retailers as ANF, FL, and BBWI drop on earnings misses. He also highlights the bullish primary trend for hold, shares two breakout names in the consumer staples sector, and breaks down key names in... READ MORE
In this exclusive StockCharts TV video, Joe shares four MACD patterns that he focuses on - Pinch, Reverse Divergence, Divergence, and Zero Line Reversal. These signals will help to improve the timing of your trades. He then shares which sectors are showing relative improvement vs the S&P 500,... READ MORE
In this video from StockCharts TV,Julius addresses the expected sector rotation for the upcoming month of September which is traditionally the weakest month of the year. But what does it mean for sectors and how are current sector rotations shaping up on the Relative Rotation Graphs? Breaking down the... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave focuses in on three key charts to watch in the technology sector as investors anxiously await NVDA earnings and Friday's inflation data. He also shares two important charts for tracking improving market breadth conditions and highlights the... READ MORE
KEY TAKEAWAYS * Financial and Technology sectors were the leaders. * With NVDA reporting earnings, tech stocks, especially semiconductors, could steal the spotlight again. * With interest rate cuts on the horizon, financial stocks could see increased momentum. Have you ever been in a plane that keeps circling around, waiting to land? That&... READ MORE
KEY TAKEAWAYS * The first step when deciding which stocks to invest in, should be to monitor the broader market * After getting an idea of the overall market, drill down to the different sectors * The last step is to zero in on the industry and identify the stocks that are moving... READ MORE
Last June, I wrote an articlewhose title was more or less the same as this one. At the time, the Index was bumping up against the top of a major trading range, and it looked very much as if it was about to experience an upside breakout. My conclusion was... READ MORE
It is a big week for earnings and NVIDIA (NVDA) is at the top of the list! Erin gives you her view on whether to hold into earnings based on the technicals of the chart. She also reviewed other stocks reporting on Wednesday: CRM, CRWD, HPQ and OKTA. Carl talks... READ MORE
The following is a review of my book "Investing with the Trend" by Dr. Mark Holder. You can read the entire contents of the book on this blog, starting with this article. "History repeats itself." Never was a phrase (oft cited as a Churchill quote) more... READ MORE
In this StockCharts TV video, Mary Ellen reviews the broader market's health while highlighting big shifts into newer areas, including banks, retail, and autos. Sharing one of the reasons Tech stocks were weak, she highlights which areas as seeing renewed strength. She also looked at individual stocks that... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave completes a five-part series covering ten charts to watch in August 2024, breaking down to stocks in established downtrends. What would we need to see to confirm a rotation from a distribution phase to an accumulation phase, and where... READ MORE
KEY TAKEAWAYS * Sector rotation out of technology * All other sectors are picking up relative strength * Real-Estate, Utilities, and Financials showing strong rotations On the weekly Relative Rotation Graph, the rotation still favors almost every sector over Technology. I discussed the opposite rotations between weekly and daily RRGs in last week&... READ MORE
What to make of the market as we near the end of August? Larry presents his thoughts in this edition of the Family Gathering video. In this month's Family Gathering video, Larry begins by presenting a new way of forecasting for Crude Oil. After that, he follows up... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave continues a five-part series covering ten charts to watch in August 2024, honing in on two Health Care stocks showing renewed signs of strength. He also breaks down how earnings releases relate to price trends, and how investors should... READ MORE
In Monday's DecisionPoint Trading Room video, we were asked why we cover Gold Miners (GDX) as well as Gold (GLD). There are two reasons: 1. Some people prefer to own the commodity, Gold, and others prefer to own an operating company that benefits from the price of Gold,... READ MORE
In this exclusive StockCharts TV video, Joe shows how to use RSI in multiple timeframes to identify the next buying opportunity in the SPY. He explains why he thinks this rally is important and uses the ADX on the daily to distinguish between the strength in different indices. Joe also... READ MORE
Today, Larry Williams will be hosting a "Family Gathering" meeting at 2pm Eastern Daylight Time (11am Pacific). Sign-in in begins 5 minutes prior. The show, which will include both a presentation from Larry and a viewer Q&A session, will be recorded and posted online for those... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave continues a five-part series covering ten charts to watch in August 2024, with a focus today on Utilities and Real Estate. Why do low-beta, high-income stocks do so well in bearish market phases, and do we still see signs... READ MORE
The House of Mouse has taken a serious nosedive over the last three years, having gone from a high of about $201 down to $89 and change—a 55% drop that feels like one of its roller coaster rides. Not exactly the thrill Disney shareholders were hoping for. But Disney... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave continues a five-part series covering ten charts to watch in August 2024, focusing on potential ideas in the Consumer Staples sector. Are dividend-paying defensive names the way to ride out a period of market uncertainty? This video originally premiered... READ MORE
In this video from StockCharts TV,Julius looks at the conflicting rotations in both asset classes and equity sectors. The weekly rotations differ significantly from their daily counterparts. What does it mean for the current rally in the S&P 500, and what does it mean for the relationship... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave kicks off a five-part series covering ten charts to watch in August 2024, starting with two mega-cap growth stocks testing key resistance levels. Will they power up to new all-time highs into September? This video originally premiered on August... READ MORE
It's not very often that any market experiences a 10-year breakout, let alone a 45-year one. That, however, is what Chart 1 says is about to materialize for the inflation-adjusted gold price. Since the chart is based on monthly data, we will not know for sure until the... READ MORE
Today Carl and Erin discuss the potential of a housing crash as more evidence is coming in that many haven't thought of. Private Equity firms have become very involved in the housing market, buying up properties on high amounts of leverage. What happens when it's time... READ MORE
In this StockCharts TV video, Mary Ellen highlights what drove last week's sharp rally in the markets - posting their largest weekly gains for the year! She takes a close look at retail and cybersecurity stocks setting up for gains, and shares some of the best ways to... READ MORE
Larry is going LIVE! Don't miss the upcoming "Family Gathering" webinar with Larry Williams, airing live through Zoom on Thursday, August 22 at 2:00pm Eastern Daylight Time. In this must-see event, Larry will be presenting his current opinions on a broad variety of current market... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps another strong up day for growth leadership names, with ULTA and NVDA powering higher after retail sales numbers pushed aside inflation fears. He notes the cautious positioning in the NAAIM Exposure Index, Bitcoin's failed attempt to... READ MORE
KEY TAKEAWAYS * Rotation to large-cap growth is back * And so is the narrow foundation/breadth supporting this rally * Weekly and daily $SPX charts need to get in line Stronger than Expected The recent rally out of the August 5th low is definitely stronger than I had anticipated. I was watching... READ MORE
KEY TAKEAWAYS * Cooling inflation data added some optimism in the market although trading volume was low * The broader stock market indexes are seeing some daylight as they pop their heads out after being underwater * The Mag 7 stocks are showing strength, which means there could be some buying opportunities soon... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the financial sector with a focus on insurance stocks, and describes how the action so far in Q3 could be forming a potential head-and-shoulders... READ MORE
In this exclusive StockCharts TV video, Joe shows the four stages a stock or market can be in at any time. He explains each stage and how ADX & Volatility can help define each stage. He then shows what stage the SPY is right and why the bias is still... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps an epic rally in mega cap growth stocks, with NVDA up over 6% and META threatening a new 52-week high. Dave highlights how gold and bond prices continue to rise in the face of stronger stocks, and breaks... READ MORE
In this video from StockCharts TV,Julius assesses various rotations using Relative Rotation Graphs, starting at asset class level and then moving to sectors. Julius zooms in on the industries of two sectors to get an idea of where pockets of out-performance may exist in the current market. He then... READ MORE