KEY TAKEAWAYS * Not all is what it looks like inside the Consumer Discretionary Sector * Using Cap-weighted vs. Equal-Weighted Sectors on RRG reveals underlying differences * Mega-cap Stocks are dragging XLY down * Using a Simple Scan Leads to four interesting charts Cap-Weighted vs. Equal-Weighted Sometimes, you need to look a little further.... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Jay Woods, CMT of Freedom Capital Markets brings the energy of the NYSE floor to the show, relating today's market rebound to longer term themes for small caps and regional banks. Dave shares one breadth indicator recognizing broad... READ MORE
KEY TAKEAWAYS * DHI's stock plummeted after missing Wall Street's earnings expectations and soft guidance * Technical indicators provide a clearer view for those looking to buy the dip * You can use StockCharts seasonality charts to provide a big-picture context to your trading setup The tight supply environment... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Tony Dwyer of Canaccord Genuity shares insights on today's Fed meeting and what data he's following to anticipate rate cuts through 2024. Dave tracks mega cap growth stocks, including MSFT and GOOGL, which are in pullback... READ MORE
On this episode of StockCharts TV's Sector Spotlight, after a quick look at asset class rotation and sector rotation for US stocks, I dive into a comparison of cap-weighted sectors vs. equal-weighted sectors and find a big difference for the Consumer Discretionary sector, which underscores and supports the... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews where the markets stand as we head into earnings from MSFT, GOOGL, AAPL and META. She also discusses how ETFs can help you refine your trading strategies and stock selection, then shares base breakouts and downtrend reversal... READ MORE
KEY TAKEAWAYS * The S&P notched new record highs in five consecutive trading sessions but snapped the winning streak on Friday * Investors still are complacent, as indicated by the CBOE Volatility index * The benchmark 10-year Treasury yield remains within a 4% to 4.2% range In the first week... READ MORE
On this episode of StockCharts TV's Sector Spotlight, I highlight the short-term weakness in BTC, the price strength in USD, and the clear strength of stocks over all other asset classes. In sectors, I analyze the continuing rotation out of defensive sectors, which is another positive for stocks... READ MORE
Over the weekend, I covered the daily charts on the Economic Modern Family, featuring the Russell 2000 (IWM) and Retail (XRT). Both are lagging the benchmark and in the middle of their January trend calendar ranges. As Semiconductors, NASDAQ, the Dow, and S&P 500 continue to post new... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the bullish price action in the markets and shares her longer-term outlook. She also highlights the primary driver of last week's rally and which areas and stocks pushed the S&P 500 higher. In... READ MORE
The market was severely overbought going into the new year, so some steam was left off, which, as TG Watkins notes, we can see in the breadth readings. Now with notable names in the tech space leading and taking off, its time to get back in and see if the... READ MORE
Let's get right to it. The charts and our tools are telling. To start, I always look at moving averages and phases. Then I look at Real Motion and momentum to see if there is a divergence to price. After that, I check out our Leadership indicator which... READ MORE
KEY TAKEAWAYS * The Utilities sector has periods of cyclical outperformance * Seasonality charts in StockCharts can identify which months Utilities are likely to outperform * Analyzing a price chart of the XLU ETF can help time your entries so they coincide with seasonal patterns The Utilities sector is known as a defensive... READ MORE
On this episode of StockCharts TV's Sector Spotlight, I look at asset class rotation and examine the continued preference for stocks over bonds. After that, I move on to sector rotation and the Technology sector, breaking it down into industry groups and plotting them on a Relative Rotation... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Adam Turnquist of LPL Financial lays out the case for a tactical selloff for stocks, as well as why long-term indicators remain constructive in early 2024. Dave breaks down the bearish momentum divergence prevalent in the technology sector, and... READ MORE
In this video, Larry digs into rate cuts and how they affect the markets. When interest rates are high, money is in circulation. He's been watching the rate of inflation; as he notes, an object in motion tends to stay on the same path. He also warns against... READ MORE
KEY TAKEAWAYS * Using RRG to see Large-Cap vs Small-Cap sector rotation * The current strength for Small-Cap stocks vs Large-Caps is evident At the end of last year, I wrote a blog article about the relationship between Large-Cap and Equal-Weight sectors. It involved plotting the ratios of the large-cap sector ETFs... READ MORE
KEY TAKEAWAYS * Stocks Showing Relative Strength in All Time Frames on RRG On this episode of StockCharts TV's Sector Spotlight, 2024's first episode, I dive into both Asset Class and Sector Rotation to set the stage for 2024. Today, I focus on a synchronized rotation of... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen takes a look at some of the items that drove price action last week. Growth stocks came roaring back for week two of 2024, which is great news for those that were believers last year. They can renew... READ MORE
On this week's edition of Moxie Indicator Minutes, TG points out how the market is still digesting the big move from the November/December run. It ran a huge sprint, and now needs to cycle down in order to create room for the next leg up. The internals... READ MORE
KEY TAKEAWAYS * The Healthcare Select SPDR ETF XLV has seen a 16% rise from its October low and is showing upside momentum * Seasonal patterns in XLV show that July and November are the strongest months in terms of returns and higher close rates * Combining seasonality patterns and technical indicators shows... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Adrian Zduńczyk, CMT of The Birb Nest discusses upside potential for Bitcoin and Ethereum based on expectations around new Bitcoin ETFs, as well as a bullish technical configuration. Dave highlights leading growth stocks, like META scoring new 52-week highs, as... READ MORE
KEY TAKEAWAYS * The Health Care sector has shown upside momentum in 2024 * It may be a good time to add some healthcare stocks to your portfolio * The Bullish 50/200-day MA Crossovers scan in StockCharts filtered out three healthcare stocks that deserve attention The Health Care sector started rallying in... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Julius de Kempenaer of RRG Research talks stocks over bonds and highlights two sectors with upside potential based on improvements in their relative strength. Dave unveils a bearish momentum divergence for Netflix and reveals two technology stocks that could still... READ MORE
Not a great start to the year! In this episode of StockCharts TV'sThe MEM Edge, Mary Ellen takes a look at where the broader markets closed, and sees we're hovering around some rather critical areas. The sharp pullback in growth stocks drove last week's... READ MORE
Last week, Growth stocks came under selling pressure, with the Nasdaq falling over 3% amid sharp declines in most of the Magnificent Seven names. These weren't the only 2023 darlings that pulled back, as Semiconductor and Software stocks also underperformed. In turn, the Technology sector was the worst... READ MORE
KEY TAKEAWAYS * SPY is testing, maybe breaking, short-term support * Next support in 455 area * Financials sector tails on daily and weekly RRG moving back in sync * All banks inside the leading quadrant HAPPY NEW YEAR!!! (I guess that is still allowed on day 5...) Let's kick off the... READ MORE
In this edition of StockCharts TV'sThe Final Bar, guest Jeff Huge, CMT of JWH Investments speaks to how extreme breadth conditions, sky-high valuations and overly bullish sentiment readings could indicate the beginning of a bear phase in 2024. Dave highlights two value sectors showing renewed signs of strength... READ MORE
In this edition of the GoNoGo Charts show, Alex and Tyler take a look at the GoNoGo Trend® conditions of several key areas of the market. The seasonal roadmap of 2023 may be overemphasized by many market commentators, and remaining objective about trading rules is critical in times like these.... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe explains how to use the MACD zero line in 2 consecutive timeframes to identify ideal entry zones. He presents two examples of how this pattern works and when to enter. He also examines what he is seeing... READ MORE
The equity markets have ended the year on a very strong note. As the week comes to a close, we not only end the month, but also the year. On a monthly basis, the NIFTY has had a stellar run this December, having gained 1598 points (+7.94%). On a... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, join Mary Ellen as she as she dives into the latest news and trends that are driving price action in the markets. From housing updates to consumer confidence and inflationary data, she breaks it all down and shows you how... READ MORE
KEY TAKEAWAYS * Money rotating away from large-cap stocks * Re-distribution and new inflow to mid- and small-caps * Majority of sectors show preference for equal weight ETFs over Cap-Weighted counterparts I have used this Relative Rotation Graph regularly in the past few weeks to indicate the ongoing rotation out of large-cap stocks... READ MORE
In the previous technical note, it was categorically mentioned that, given the unabated upmove, the markets have risen near-vertically. This has caused the indices to deviate greatly from their mean, making them overextended and prone to violent profit-taking bouts. While weekly, the markets have just consolidated, but on the daily... READ MORE
The markets were handed a holiday gift today after the Commerce Department reported that underlying inflation pressures are continuing to slow down. This has left more income at the disposal of households with increased spending that will help the overall economy. News of declining inflation sets the stage for interest... READ MORE
In this episode of StockCharts TV'sThe MEM Edge, join Mary Ellen as she as she dives into the latest news and trends that are driving price action in the markets. From housing updates to consumer confidence and inflationary data, she breaks it all down and shows you how... READ MORE
On this episode of StockCharts TV's Sector Spotlight, the last one of the year 2023, I assess current rotations in asset classes, as well as US sectors. This big picture calls for a continued/renewed strength for stocks over bonds. As I observe, money is rotating out of... READ MORE
In this week's edition of The DecisionPoint Trading Room, with Energy (XLE) finally showing signs of life, Carl and Erin dive into the sector to learn more about participation and new momentum. Carl discusses Total Returns on SPX, which are showing new all-time highs before the actual index.... READ MORE
KEY TAKEAWAYS * Growth and Value are moving together in an unusual rotation * Money from large-cap stocks being distributed into mid- and small-cap segments * Even all Mag7 names dropping in price is not enough to pull down benchmark indices Something Strange is Going On Or, at least, something unusual. On the... READ MORE
Continuing with the unabated upmove, the markets went on to post their fresh lifetime highs once again; NIFTY has ended on a fresh lifetime high on a closing basis as well. The rally this week was propelled by the Fed, which kept the interest rates unchanged. While this was widely... READ MORE