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
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
KEY TAKEAWAYS * The leading sector today was the Financials, followed by Health Care and Utilities. * Technology stocks sold off significantly and was the worst sector performer. * With interest rate cuts expected in the next FOMC meeting, financial stocks have the potential to rise further. Today's MarketCarpet was a... 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
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
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
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
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
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
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
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
The Silver Cross Index measures the number of stocks that have a 20-day EMA above the 50-day EMA, or are on a "Silver Cross" IT Trend Model BUY Signal. This gives us a more complete picture than simply measuring the number of stocks above their key moving averages.... READ MORE
KEY TAKEAWAYS * Retail stocks jumped on Thursday as the retail sales report came out higher than expected * The SPDR S&P Retail ETF, XRT, gapped higher, but it's stuck in the middle of a wide rectangle formation * Whether XRT breaks out or breaks down, there are key... 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
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 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
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
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 * 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 * SMH has completed 100% of a measured move from the bottom of a double-top reversal. * SMH has broken below several key levels based on various indicators. * There are actionable levels in the SMH chart that traders can take advantage of if they materialize. Nvidia (NVDA) was perhaps the... 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
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 video from StockCharts TV,Julius takes a look at the markets through the lens of the "market factors" panel you can find on your StockCharts dashboard. Starting from the RRG, he then moves to the individual charts for these factors and notes a low correlation for... 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