In the previous technical note, it was mentioned that the markets are prone to some consolidation and corrective retracements due to the technical setup on the charts. It was also mentioned that the precariously low levels of volatility need to be watched, and this also can keep the markets vulnerable... READ MORE
KEY TAKEAWAYS * The head and shoulders pattern is a classic price pattern that confirms an exhaustion of buyers. * Investors should consider the three phases of price patterns, and make sure to confirm all three phases before taking action. * This pattern yields a minimum downside objective of around 4080-4100 for the... READ MORE
This week I appeared with David Keller on Stockcharts Final Bar. We discussed how the market is at a precipice. And no doubt, the words I wrote on April 20th Daily "Now That "Stagflation" Has Gone Mainstream"some five months later are buzzing in my head:... READ MORE
KEY TAKEAWAYS * Short Term, Risk-Off Sector Rotation While Heading into new week * Did The Market Complete a H&S Top, or Is SPY Looking For Support? * 430 Is The Crucial Level To Watch in SPY First of all, my apologies for everybody who has been waiting for a Sector... READ MORE
In this edition of the GoNoGo Charts show, with rates gapping higher and breaking above resistance, Alex and Tyler walk through the macro charts that can have an impact on markets. After discussing rates, they look at the dollar, which also is in a strong "Go" trend. This... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Mish Schneider of MarketGauge shares why the most important ETFs to watch are Retailers (XRT) and Small Caps (IWM) and also shares their latest plugin on the StockCharts ACP platform. Host David Keller, CMT tracks today's risk-off move... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains the 1-2-3 change in trend sequence in multiple timeframes. First, he discusses focuses on the higher timeframe and how to identify a zone or a pool of support. Then, he shows how to take advantage of... READ MORE
As a follower of my "Focus on Stocks" blog, you know we had a signal to sell on the opening Sunday night (10th day left). That was forecast last month... now I think it's time to start to get long. Where? At the August lows. When?... READ MORE
We are so excited that StockCharts.com is now offering you our ACP plugins, we had to write about it for today's Daily, especially since you can read anywhere the thousands of differing opinions on what Powell said today and the implications for the market. Simply put, these... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Danielle Shay of Simpler Trading joins Dave to discuss what's the technical take on the FAANG stocks after today's Fed announcement going into earnings season? Powell and Co. leave rates unchanged, leave the door open for... READ MORE
In this week's edition of Trading Simplified, Dave continues his series on Jesse Livermore. In spite of Livermore's greatness, he made a lot of mistakes, and these mistakes often resulted in him blowing up. In this episode, Dave discusses how Livermore let extraneous influences force him... READ MORE
While the UAW strike continues, and the debate on how much it matters in the scheme of things rages on, other wage trends are emerging. Amazon (AZMN) today announced it will hire about 250,000 logistics personnel for the holiday season at a wage of $20.50 per hour. The... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Dave Landry of DaveLandry.com shares his own approach to what he calls the "Three Whens"- when to buy, when to sell, and when to sit on your hands! Meanwhile, host Dave Keller reviews charts of... READ MORE
The title of this article should really be more in the vein of two technical situations I am watching, because the long-term forces look as if they may be converging with short-term ones to form a kind of potential bullish reverse domino effect. Let's consider our first candidate,... READ MORE
How many of you have heard me say that commodities are inherently volatile? Clearly, from this chart, you can see that after the oil rally in the mid 1970s, the CPI went from nearly 9% in 1974 down to 2% in 1976. Sugar, my favorite barometer of inflation, ran to... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave conducts a deep dive into current market breadth indicators, including advance-decline data, the McClellan Oscillator, and the Bullish Percent Index. He reviews key support and resistance levels for AAPL, TSLA, NVDA, and other growth stocks as the market waits... READ MORE
In this week's edition of StockCharts TV'sHalftime, Pete reviews the NVDA chart, which closed its nearest gap today. He then looks at the S&P 500 and the Nasdaq 100 charts, as well as home builder DR Horton and building products company Masco -- both... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl notes that the "Magnificent 7" stocks are looking "toppy", with only a few exceptions. These leadership stocks could put downside pressure on an already weak market. Erin picks out the strongest of the sectors... READ MORE
KEY TAKEAWAYS * Although September is considered a seasonally weak period for the stock market the fourth quarter is typically a strong period * There's a high probability of the S&P 500 Index reaching a new high in Q4 * Growth stocks, Industrials, Financials, and Commodities could all see... READ MORE
The market continues to be weak and thin, as TG explains in this week's edition of Moxie Indicator Minutes. There are a few stocks moving up, but the majority are going sideways or down. This is not a great environment for going long, so don't try... READ MORE
KEY TAKEAWAYS * Growth-Value Rotating Back in Favor of Growth * Large-Cap stocks picking up Strength Over Mid- and Small-cap segments * Hence, Large-Cap Growth Stands out Positively RRG sending a clear message The Relative Rotation Graph above shows the rotation for the combined Size and Growth/Value segments in the market. And... READ MORE
Extending their move, Indian equities advanced higher and closed with yet another weekly gain. Four out of five days over the past week saw the markets ending with gains. In the previous technical note, it was mentioned that the undercurrents in the market remain strong, and NIFTY can retest the... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I continue my chat with Ralph Acampora in the StockCharts.com studio. After recording our previous video (see here!), I put Ralph on the spot, and together we flip through the 30 Dow stocks, calling the current price and relative... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen McGonagle shares her outlook for the markets heading into next week's interest rate decision by the Federal Reserve. She also reviews why Technology was the weakest sector and what it means for the group. She then... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I chat with guest Ralph Acampora in the StockCharts.com studio in Redmond, WA. We discuss the birth of ARGoN, a special way of looking at markets from both a price and a relative perspective. Once upon a time, Ralph... READ MORE
This past week had all the potential to see a revival of the great bull market of 2023. The September inflation data, Apple's latest product announcements, and Arm's IPO all seemed had the possibility to reignite the fire of bullishness for investors. By Friday's... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave drops a special all-mailbag episode, including viewer questions on using Average True Range for stop losses, stocks vs. bonds, India's test of all-time highs, and best practices for price volatility. This video originally premiered on September 15,... READ MORE
Larry's "Family Gathering" webinar is now available! Whether you missed it and need to catch up, or just want to review the information Larry presented, you can now see the full recording below. In this special presentation, Larry coaches viewers for success and explains his strategies... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave sits down with Ralph Acampora, CMT, co-founder of the CMT Association, for a memorable conversation on all things technical analysis. They review lessons learned from the October 2022 market low, words of wisdom for traders new to technical analysis,... READ MORE
In this edition of the GoNoGo Charts show, Alex and Tyler present trend analysis across the asset classes, sectors, and individual securities. The continued strong "Go" conditions in the US Dollar index (UUP) and US Treasury rates ($TNX) on both the daily and weekly timeframes highlights some headwinds... READ MORE
Many of the forecasts I hear regarding bonds seem to be based upon what bonds have done for most of the last 40 years, without acknowledging what has happened more recently. The chart below shows that 30-Year T-Bonds were in a rising trend from the 1982 low, but, in early... READ MORE
The overall market has been rallying since registering its low last October. However, there is one sector which, in August, fell below its October low on a monthly closing basis. More serious is the fact that it recently violated a 23-year secular up trendline. Can you guess which sector I... READ MORE
I doubt any of our readers are too surprised by the CPI reading coming in a bit hotter than expected. The bulk of it was in energy costs. Food costs were, mixed with bread and meat, up, while eggs and milk were down. Services inflation was up slightly, while shelter... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Julius de Kempenaer of RRG Research shows how his market visualizations still show stocks over bonds and offense over defense. Host David Keller, CMT highlights one industry sector breaking down due to higher crude oil prices. This video originally... READ MORE
In this week's edition of StockCharts TV'sHalftime, Pete reviews 6 ETFs that are in different stages of trends. Two in the banking sector are in downtrends that are undeniable: KRE and KBE. This review ties in the recent commentary from Jamie Dimon, the CEO of JP... READ MORE
In June, we wrote about the bottom in oil and cannabis through USO and MSOS (ETFs) respectively. In July, we wrote about the potential top in NASDAQ and SPY. In August, we wrote about the importance of the retail sector; XRT is below the July calendar range and a major... READ MORE
KEY TAKEAWAYS * XLK "Bearish Shifts" Move IT and LT Bias to BEARISH * XLK PMO Nearing Crossover SELL Signal In Monday's DecisionPoint Trading Room we discussed that Technology (XLK) was the last one standing on our Bias Scoreboard with a Bullish Bias in both the intermediate term... READ MORE
In this edition of StockCharts TV'sThe Final Bar, David Cox, CFA CMT of Raymond James reviews underperformance for defensive sectors like Utilities and describes why commodities should be an area of focus for investors. Host David Keller, CMT reviews today's drop in ORCL and AAPL as... READ MORE
Larry is going LIVE! Don't miss the upcoming "Family Gathering" webinar with Larry Williams, airing live through Zoom this Thursday, September 14th at 3:00pm EDT. In this must-see event, Larry will be presenting his current opinions on a broad variety of current market topics, directly... READ MORE
KEY TAKEAWAYS * Chesapeake Energy stock has been trending higher since June 2023 * Chesapeake Energy stock has room for upside growth * CHK could benefit from the rise in crude oil prices In addition to analyzing the stock market's overall performance, running scans when the market opens and after it... READ MORE