There is some validity to the best six months strategy, but investors would probably be better off with a simple timing tool. According to the Stock Trader's Almanac, the best six-month period runs from November to April. The worst six-month period runs from May to October. This is... READ MORE
Last week, the broader markets regained their uptrend, with the S&P 500 and Nasdaq Indexes both closing above their key 50-day moving averages on Tuesday. In addition, the RSI and Stochastics turned positive as well. This price action indicates that the 3-week pullback which began in late July... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the new uptrend in the markets and shares where the current strength is, as well as the best ways for you to participate. She also highlights the move back into earnings winners from last month as the... READ MORE
KEY TAKEAWAYS * Overall, the stock market has managed to hold on to its upward rally even in spite of a pullback * Crude oil prices rose on news of production cuts * Treasury yields rose on the jobs report data The much-awaited August jobs report was released on Friday. While it came... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave wraps the market week with a discussion of higher interest rates, their implication for growth stocks, and why charts like TSLA shouldn't get an "all clear" until they break above the 50-day moving average. He... READ MORE
GoNoGo Charts help investors retain an objective evidence-based view on what is actually happening in the markets, and this week has shown the weight of the evidence on the side of the bulls. In this edition of the GoNoGo Charts show, Alex and Tyler examine the fade of US Dollar... READ MORE
Cycle Deep Dive At times, it seems there are as many cycles as there are traders. I have been focusing on the shorter-term ones, those ranging from 2 to 5 years. Recently, I pondered on the clear fact that cycle forecasts work far better to spot market bottoms than tops.... READ MORE
In this edition of StockCharts TV'sThe Final Bar, TG Watkins of Simpler Trading shows how breadth conditions are very similar to previous bull market pullbacks. Dave focuses in on constructive setups in gold and crude oil, then highlights one semiconductor stock featuring a symmetrical triangle pattern. This video... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains the importance of the DI lines when looking at the ADX indicator. He discusses how we can determine who is in control and when to be on the lookout for a reversal. Joe then analyses the... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Adrien Zduńczyk of TheBirbNest charts Bitcoin's bounce off support at $25K and relates bullish Bitcoin trends to a broader risk appetite for investors. Host David Keller, CMT highlights the McClellan Oscillator breaking back above the crucial zero level... READ MORE
KEY TAKEAWAYS * Comparing risky asskets with more conservative ones can reflect investor confidence * Negative divergences offer subtle indications of a deterioration of a stock market rally * An upward trend indicates that investor confidence is positive Traders and investors pay a lot of attention to surveys to assess swings in sentiment,... READ MORE
KEY TAKEAWAYS * Get a macro view of the market by analyzing the broader indexes * Identify stocks which show a divergence between price and the Williams Insider Accumulation Index * If accumulation is increasing and the stock price starts moving higher, it could be an ideal entry point Whether you're... READ MORE
Conference Board Economic Forecast: Looking into 2024, we expect the volatility that dominated the US economy over the pandemic period to diminish. In the second half of 2024, we forecast that overall growth will return to more stable pre-pandemic rates, inflation will drift closer to 2 percent, and the Fed... READ MORE
In this special edition of StockCharts TV'sThe Final Bar, Danielle Shay of Simpler Trading breaks down the current short-covering rally and walks through her current setups for QQQ, NVDA, MSFT, and TSLA. Host Dave tracks the recent drop in interest rates and shows how Bitcoin has bounced off... READ MORE
In this week's edition of StockCharts TV'sHalftime, Pete reexamines the chart he posted before the Jackson Hole meeting; Chairman Powell validated his thinking that the Fed Policy will remain tight until the unemployment rate increases. He then gives a quick review of the SPX and the... READ MORE
What if you had access to a forecasting tool capable of predicting the most likely path prices may take roughly in the next three months? The caveat here is that it can't accurately pinpoint the peaks and troughs, but it can approximate them with relative accuracy. This is... READ MORE
In August's last regular episode of StockCharts TV's Sector Spotlight, I address the seasonal patterns in sector rotation and looks to find alignment with the current rotations as they are playing out on the Relative Rotation Graph. September is not the strongest month in terms of... READ MORE
In this special edition of StockCharts TV'sThe Final Bar, guest host Mish Schneider (MarketGauge) steps in for Dave. Mish puts her own spin on the Market Recap, starting with the indices and exploring sectors using her "Economic Modern Family" analysis. Mish then sits down with Keith... READ MORE
Bonds have had one of the worst years in modern times and one of the fastest rates of interest rate rises. The good news is the market has absorbed the bond's performance. A better risk-on environment is when the SPY outperforms the long bonds. The same is true... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl introduces viewers to the new Market Bias table now included in the DecisionPoint Alert. This table covers all the major indexes, sectors, and select industry groups. He goes over how we determine the bias in the intermediate and... READ MORE
KEY TAKEAWAYS * $INDU chart resting at double support and likely to bounce higher * Outperform the index by avoiding four stocks The Relative Rotation Graph above, which shows the rotations inside the DJ Industrials index, exhibits an evenly-spread-out universe of stocks. This is primarily the result of $INDU being a price-weighted... READ MORE
Small caps, as measured by IWM, are key for the fall and heading into 2024. You can also look at the S&P 600 (SML). IWM could be forming an inverted head-and-shoulders bottom, going back from the start of 2023. (See the rectangle area of the IWM chart). SPY... READ MORE
With the market potentially topping out, now's the time to review what to do when the market gets "iffy." In this week's edition of Trading Simplified, Dave walks you through how he handles the inevitable drawdowns and shares some of his favorite performance-based metrics.... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Sean McLaughlin of All Star Charts shares best practices for trading options during periods of price consolidation. Host Dave highlights bearish engulfing patterns for the SPY and QQQ, as well as leading growth stocks like MSFT and META. This... READ MORE
As all eyes watch the Fed in anticipation of this week's Jackson Hole Summit, GoNoGo Charts help investors retain an objective, evidence-based view on what is actually happening in markets. In this edition of the GoNoGo Charts show, Tyler examines US Dollar strength (UUP) and the rally in... READ MORE