Last Monday, markets around the world experienced a sharp drop as the unwinding of yen carry trades followed the previous Friday's response to a weak employment report. The speed and sharpness of the equity sell-off got the attention of the general-purpose media and just about everyone else. From... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps a choppy Monday for the equity markets, as gold tests new all-time highs and interest rates continue to plummet. He highlights the stock to bond ratio, revisits the classic 60:40 ratio favored by investors, and breaks down... READ MORE
Mortgage Rates fell quite a bit this past week and no one is really talking about it. One area that we will want to watch closely as rates fall is Real Estate (XLRE). This sector has already been moving in the right direction. It now has an opportunity to rally... READ MORE
In this StockCharts TV video, Mary Ellen dives into her broad market analysis, sharing what she needs to see before it's safe to get back in. She also shares her top candidates for once the markets turn positive, including META, LLY and NFLX. She finishes up by sharing... READ MORE
The market extended its corrective move in the previous week; over the past five sessions, it has remained quite choppy and totally devoid of any definite directional bias. It absorbed a few global jerks and saw gaps on either side of its previous close on different occasions. While the level... READ MORE
KEY TAKEAWAYS * Scanning for breakouts on heavy volume * Momentum confirmations of underlying trends * Leading Equities in trend continuation 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... READ MORE
KEY TAKEAWAYS * The VIX reaching 65 signals extreme volatility and elevated risk of market downside * The AAII Survey is close to showing more bears than bulls, which would line up with previous corrections * The NAAIM Exposure Index indicates that money managers were rotating to defensive positioning in early July While... READ MORE
KEY TAKEAWAYS * The stock market indexes end the week on a positive note after a scary Monday * Volatility steps back slightly after a brief spike over 65 * Next week's consumer and producer inflation data could help set direction A sigh of relief? The US stock market started the... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave presents a special all-mailbag episode, answering viewer questions on optimizing entry points for long ideas, best practices for point & figure charts, and the relationship between gold and interest rates. See Dave's chart showing Zweig Breadth Thrust... READ MORE
In my last newsletter,I discussed cycle projections for the S&P 500, i.e., a rally and then down into a mid-September low. The recent price action in the stock market may have many of you wondering when to open long equity positions. My cycle work suggests we... READ MORE
KEY TAKEAWAYS * Small-cap stocks look like they have lost momentum. * Market breadth in small-cap stocks appears to be weakening. * The Utilities sector seems to be gaining momentum. Just so we are on the same page, I looked up "Great Rotation" on Microsoft's Copilot and came away... READ MORE
The market is dropping perilously right now and so it is time to review Bear Market Rules. Today Erin and Carl share their rules for trading during a bear market move. We aren't officially in a bear market and we may not get there, but there is likely... READ MORE
The previous week turned out quite volatile for the markets as they not only marked a fresh lifetime high but also faced corrective pressure as well towards the end of the week. The markets maintained an upward momentum all through the week. It scaled the psychologically important 25000 level as... READ MORE
KEY TAKEAWAYS * Weak manufacturing and jobs data sends investors into panic mode * All broader stock market indexes fall over 2% * Bond prices rise The dog days of summer are here. And the stock market gives us a brutal reminder of this. The first trading day of August began on a... READ MORE
KEY TAKEAWAYS * Some real damage for the markets * Equal weight sector rotation paints a more realistic picture * The BIG ROTATION into small caps has come to a halt And then ..... all of a sudden..... things are heating up. Lots of (downside) market action in the past week. Let's... READ MORE
KEY TAKEAWAYS * Most stocks follow their underlying index or group. * Oversold conditions in long-term uptrends are opportunities. * Stocks can remain oversold so wait for an upward catalyst. The broad market and the group are big drivers for stock performance. Recently, the Nasdaq 100 ETF (QQQ) led the market lower with... READ MORE
It looks to me like it's time for the bond market to take a breather, if not have a pullback from now into late October. We can sum it up with the cycle projections from Chart 1. I have highlighted, in red, the down leg of the 450-day... READ MORE
KEY TAKEAWAYS * Investor sentiment has turned more bearish with a continuation of a selloff in big tech stocks. * More earnings, an FOMC meeting, and jobs report are adding to investor uncertainty. * Keep an eye on bond prices as the data starts to unravel. Last week, there was a noticeable change... READ MORE
The S&P 500 index ($SPX) is a capitalization-weighted stock index. Many lesser capitalization blue-chip stocks that compose these 500 companies have been performance laggards. Though smaller companies in the index, these corporations are among the bluest of the blue-chip stocks. These prestigious corporations have been overshadowed by the... READ MORE
The bond market experienced a secular bear between 1981 and the spring of 2020. Chart 1 offers three reasons why it has since reversed and given way to a secular uptrend or possibly multi-year trading range. The first piece of evidence comes from violating the multi-decade trendline. Second, the price... READ MORE
This week we have four Magnificent Seven stocks reporting earnings. We also take a look at McDonalds (MCD) and Ford (F) going into earnings. How are the chart technicals setup on the precipice of earnings? Carl and Erin give you there thoughts. Carl reviews the DP Signal Tables to see... READ MORE
This week saw the major equity averages continue a confirmed pullback phase, with some of the biggest gainers in the first half of 2024 logging some major losses. Is this one of the most buyable dips of the year? Or is this just the beginning of a protracted decline with... READ MORE
KEY TAKEAWAYS * After two days of massive selloffs, Friday's recovery offers some hope. * Investors await earnings from mega-cap tech companies, economic data, and Fed meeting. * Small caps continue to trend higher. Major equity indexes rose on Friday after a selloff that hit the Technology sector especially hard. But... READ MORE
KEY TAKEAWAYS * Strong Sector Rotation Out Of Technology * Financials and Real Estate Lead * Stock/Bond Ratio Triggers Sell Signal Flying Financials In the recent sector rotation, basically OUT of technology and INTO anything else, Financials and Real-Estate led the relative move. On the RRG above, I have highlighted the (daily)... READ MORE
KEY TAKEAWAYS * Tech stocks took a dive on Wednesday but look like they are making up some of those losses prior to hitting the next support level. * Expect volatility in the stock market in the coming weeks since it's earnings season and there's a Fed meeting... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave previews earnings releases from TSLA and GOOGL, breaks down key levels to watch for SPOT, GE, and more, and analyzes the discrepancy between S&P 500 and Nasdaq breadth indicators. See Dave's MarketCarpet featuring the Vanilla... READ MORE
In this exclusive StockCharts TV video, Joe explains the 1-2-3 reversal pattern, its criteria, and what it will take for QQQ to complete the pattern. He also discusses how the pattern is not always as clean as we would like. Joe then shares a few Crypto markets which are starting... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave previews earnings releases from TSLA and GOOGL, breaks down key levels to watch for SPOT, GE, and more, and analyzes the discrepancy between S&P 500 and Nasdaq breadth indicators. This video originally premiered on July 23, 2024.... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave breaks down today's upside recovery day for stocks, then shares the charts of TSLA, NVDA, and more. He also illustrates the conflicting messages from AAII and NAAIM sentiment surveys, and also highlights the VIX testing the key... READ MORE
Friday was a bad day for CrowdStrike Holdings (CRWD) as a bug was pushed out that disrupted Windows machines worldwide. The trouble for CRWD is the follow-up lawsuits etc that will likely plague the stock for some time to come. You'll be shocked to see the warning signs... READ MORE
Most weekends, I run through a chart list featuring weekly bars and candlesticks of bonds, stocks and commodities to see if any one or two bar patterns or candlestick formations have developed. Last week produced a crop of bearish messages from the major averages and some sectors. Before you rush... READ MORE
Friday's CrowdStrike software disaster has been described as "the largest IT outage in history," and it brought home just how vulnerable the planet is to itty-bitty coding errors. We were busy publishing the DecisionPoint ALERT Weekly Wrap, so I didn't have a chance to... READ MORE
In this StockCharts TV video, Mary Ellen examines which areas of the market have moved into favor amid the S&P 500 pullback. She compares value vs. growth stocks and the merits of both, and highlights the move away from technology stocks. Which areas are poised for more downside?... READ MORE
KEY TAKEAWAYS * Three consecutive declining days in the stock market increases risk appetite * Semiconductors were the catalyst for the selloff and trading below two support levels * Keep an eye on market breadth indicators to get indications of whether the stock market is correcting or if the selloff will be longer-term... READ MORE
The S&P 500 remains in a primary uptrend, as confirmed by a fairly consistent pattern of higher highs and higher lows. But what would confirm that a top is in place for our major equity benchmarks? To answer that, it may be helpful to review other charts that... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave shares a market update including key levels to watch for the S&P 500 index, what a VIX above 15 means for a possible market correction, the improvement in value-oriented sectors, and why DPZ may be the world&... READ MORE
KEY TAKEAWAYS * Technology is rotating out of favor * Market Capitalization is a two-edged sword * Negative divergences on Technology and S&P 500 charts are executing Strong Rotations on Daily RRG This daily RRG shows the sector rotation over the last five days. With only one more trading day to... READ MORE
What stocks right now does Larry have his eye on? Which ones is he saying "see you later... for now"? And which ones does he not like very much at all? In this month's Family Gathering video, Larry presents an in-depth discussion on the patterns we... 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 exclusive StockCharts TV video, Joe shows how to use 2-3 specific MACD patterns on the monthly and weekly charts to set the stage for potential trading ideas. Joe then goes through the shifts in the Sector action and shows where the money is flowing. He covers the stock... READ MORE