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Fed Chair Says, “It’s Cloudy”; These Benchmarks Could Blow the Clouds Away
Martin Pring analyzes charts of US Treasury yields, which suggest there may be some disagreement between the market and the Fed.... READ MORE
Martin Pring analyzes charts of US Treasury yields, which suggest there may be some disagreement between the market and the Fed.... READ MORE
With U.S.-China trade talks on the immediate horizon, Martin Pring takes a look at commodities poised to benefit. He also presents an update on $GOLD.... READ MORE
Gold is completing multi-year consolidation or reversal patterns relative to different asset classes, setting the stage for significant breakouts. Here's an analysis of these different intermarket relationships.... READ MORE
There may not be a "holy grail" of indicators, but Martin still finds some techniques particularly helpful in analyzing gold and silver at this critical moment.... READ MORE
Martin Pring analyzes the Health Care sector, which is breaking out of a key resistance level. On a relative basis, the sector's performance may not be stellar.... READ MORE
Martin Pring analyzes the relationship between sectors and various asset classes to confirm trend continuations.... READ MORE
Martin breaks down two key intermarket relationships and what they portend for the market - the US vs. the rest of the world ($SPX/VEU) and gold vs. stocks ($GOLD/$SPX).... READ MORE
Following the Fed's rate cut, the price action in several markets indicated a short-term reversal. Martin suggests monitoring these charts and their technical signals in the coming weeks.... READ MORE
Martin explains how analyzing inter-asset relationships can give important insights into the market -- and what those relationships are telling us right now.... READ MORE
As August CPI data looms, Martin looks at the chart and analyzes whether an upside reversal could be in the cards.... READ MORE
A plethora of breakouts suggests that international markets have much further to run on the upside. Martin reviews where the principal regions of the world currently stand.... READ MORE
The NYSE/S&P ratio has been in a downtrend for seventeen years, but is a reversal finally underway? What does the picture look like for small-caps going forward?... READ MORE
Earlier this summer, I pointed out that Bitcoin had experienced a bearish shooting star on the day it experienced a new all-time high, and noted that this probably foreshadowed some short-term weakness. I pointed out that no damage whatsoever had been done to the basic uptrend, as the consensus of... READ MORE
Why does gold look ready to "defy gravity"? Martin Pring explains the technical signs.... READ MORE
Explore how recent bearish weekly patterns in the S&P 500, Nasdaq, and Microsoft could signal an intermediate-term trend reversal. Learn why confirmation is key in technical analysis.... READ MORE
Here's an analysis of the recent bullish developments in the Shanghai Stock Exchange Composite Index and liquid Chinese ETFs. ... READ MORE
Emerging markets, in the form of the iShares MSCI Emerging Markets ETF (EEM), have been underperforming the DJ World Index since 2010 -- but that may be about to change. After all, Chart 1 shows that the RS line has crossed above a three-year down trendline and experienced a long-term... READ MORE
Many years ago, I developed a couple of indexes that were designed to give me a sense of whether industry groups benefiting from inflationary conditions were outperforming those who performed better under deflationary ones. It was my way of recognizing the fact that, in a broad sense, the business cycle... READ MORE
Bitcoin broke out to a new all-time high last week, so it seemed to me that it would be a good time to come out with a bullish article. After all, Chart 1 shows that a solid breakout came from a one-year reverse head-and-shoulders pattern, which was also accompanied by... READ MORE
The President and the Fed Chair have been in a battle over lower rates for some time. One has been pressuring for easy money to boost the economy, the other prefers to hold off for a while to see what effects the tariffs and other factors might have on inflation.... READ MORE
Last month, the Dollar Index triggered a number of sell signals confirming that it is in a bear market. Chart 1, for instance, shows that the red up trendline emanating in 2011 has been decisively ruptured, thereby pushing the Index further below its moving average. The Coppock Curve, seen in... READ MORE
Earlier in the month, I wrote an article pointing out that gold and copper typically move ahead of oil. It's true, the leads and lags between these three entities differ from cycle to cycle. However, since gold momentum turned up in early 2023 and copper in early 2022,... READ MORE
The Canadian dollar peaked in 2007 and 2011 at around $1.05, and it has been zig-zagging downwards ever since. Now at a lowly 73 cents USD, the currency looks as if it may be in the process of bottoming, or at the very least entering a multi-year trading range.... READ MORE
Ready to elevate your options game? In this must-watch video, options trading expert Tony Zhang dives deep into debit vertical spreads. He explains the key differences between single-leg options and debit vertical spreads, illustrates step-by-step how to set up these strategies, and teaches how you can master the art of... READ MORE
Chart 1 lays out the long-term momentum (KST) relationship between gold, copper, and crude oil for the last 30 years. The arrows slant towards the right, indicating that gold leads copper, which subsequently turns up ahead of oil. Gold reversed to the upside in early 2023 and copper at the... READ MORE
Gold has been on a tear since 2022, leaving other metals in the dust. Nevertheless, it's important to remember that the yellow metal has a strong tendency to lead commodities in general, which implies the likelihood of inflationary pressures in the commodity pits going forward. The leads and... READ MORE
Each week, I monitor numerous charts to see if they have the potential for an important breakout. I tend to look at longer-term ones, because they set the scene as to whether the primary trend is bullish or bearish. That's important information to have, as the magnitude and... READ MORE
Way back in 1988, Robert W. Colby and Thomas A. Meyers authored a classic technical analysis book entitled Encyclopedia of Technical Market Indicators, in which they back-tested the performance of hundreds of market indicators. What caught my eye was their work on 12-month moving average (MA) crossovers, which offered the... READ MORE
The US market has been recovering nicely since the April low, but it has actually been outperformed by the rest of the world this year so far. In that respect, Chart 1 shows that a major shift away from the US could well be in the cards. It is evident... READ MORE
Chart 1 shows that inflation-adjusted gold recently broke above a 45-year line of resistance. Since the third leg of the secular bull market began in 2023, the price of the yellow metal has been moving up sharply, thereby propelling the long-term KST to the edge of its overbought zone. It... READ MORE
Since the tariff war first broke out, there have been widespread reports in the financial press telling us that investors have decided to cash in on their U.S. profits and move their capital abroad. The U.S., they tell us, is no longer regarded as a safe haven. Indeed,... READ MORE
Something didn't seem to ring true a couple of weeks ago when the whole world, by which I mean from the Treasury Secretary to your favorite cable news host, seized on the recent sell-off in bonds and why they would no longer be a safe haven and therefore... READ MORE
When working with probabilities, you want to place trades that maximize your returns while minimizing your risks. In this OptionsPlay members-only video, Tony Zhang walks you through the techniques professional traders use to identify optimal entry points. Explore how you can apply those same strategies in the StockCharts.com OptionsPlay... READ MORE
The recent rally in the gold price has not yet attracted the kind of gold fever associated with the 1980 peak. At that time, there were numerous reports of unusual action, such as customers forming huge lines to buy the stuff at Canadian banks, an event that to my knowledge... READ MORE
Tariffs have been front and center of market attention, but one asset class that has been relatively subdued in its response has been the US Dollar Index. It has declined in recent weeks, but a review of the technical picture suggests that the sell-off is part of an overall corrective... READ MORE
KEY TAKEAWAYS * Several sentiment indicators have reached levels that usually fuel a worthwhile rally or jump-started a new bull market. * Sentiment indicators could be at levels that are ripe for a rally but keep an eye on them. * The absence of a rally could increase the odds of a bull... READ MORE
Recently, there have been horror stories about individual Tesla owners being harassed and dealers being vandalized, all because people have decided they don't like Elon Musk or his recent DOGE actions. In Europe, sales are reported down 49% in the first two months of the year, and, to... READ MORE
At this week's news conference, Jerome Powell mentioned that the Fed is cautious about making significant changes to interest rates due to unclear economic conditions, citing factors like trade policies and inflation, which have contributed to this uncertainty. If the "experts" don't know, it&... READ MORE
In a volatile stock market, hedging your portfolio can go a long way in reducing your drawdowns. In this video, follow along with Tony as he uncovers one of the top options trading strategies used by hedge funds. Learn how you can identify optimal put selling trading opportunities and apply... READ MORE
A couple of weeks ago, I wrote that stocks were beginning to slip against the gold price. Chart 1 shows that the ratio has now decisively broken below an important uptrend line, marking the lower region of a three-year top. The short-term KST is currently oversold, so some kind of... READ MORE