I have been expecting a bull market correction for about a month, but it's not been as deep as I expected. Now, however, several indexes have completed small bullish two-bar reversal patterns on the weekly charts. If they work, that would be a characteristic of a bull market,... READ MORE
KEY TAKEAWAYS * Energy replaces Technology in top-5 * Financials rise to #2 position pushing XLC down to #3 * Top-5 portfolio out-performs SPY 0.52% * A closer look at the (equal) weighting scheme Energy Replaces Technology At the end of this week, 1/17/2024, the Technology sector dropped out of the... READ MORE
KEY TAKEAWAYS * Quantum computing stocks may be bouncing back. * Four stocks made it to the Top 10 SCTR Report in the mid-cap category. * Watch for quantum computing stocks to gain momentum and revisit their 52-week highs. Jensen Huang may have burst the quantum computing bubble when he said it would... READ MORE
KEY TAKEAWAYS * The Bullish Percentage Index for Financials made a dramatic jump on Wednesday. * Positive bank earnings plus encouraging CPI and PPI data are driving market optimism. * Citigroup stock notched a 52-week high, making the stock worth analyzing. One effective way to spot potential market opportunities on a sector level... READ MORE
KEY TAKEAWAYS * Broader stock market indexes are seeing a lot of choppy activity. * December CPI and bank earnings are on deck and could move the markets. * The interest rate-sensitive banking sector will be impacted by CPI and bank earnings. The December Producer Price Index (PPI) came in cooler than expected,... READ MORE
Will small cap stocks finally take on a leadership role in 2025? In this video, Dave provides a thorough technical analysis discussion of the Russell 2000 ETF (IWM) and how that compares to the current technical configuration of the S&P 500 index. He also shares three charts he&... READ MORE
In this video, Tony starts the week with a very different tone as he looks at how markets are currently playing out. He then shares individual trade ideas, pointing out which ones they continue to have a bullish or bearish outlooks on. He looks at some key stocks including META,... READ MORE
In this exclusive StockCharts video,Julius takes a look at asset class rotation on Relative Rotation Graphs. He then addresses the 6 sectors that are NOT in the "best five sectors" for this week. To conclude, he dives into the Technology sector to find some of the best... READ MORE
The markets extended their decline over the past five sessions and ended the week in a negative way. While the week started on a bearish note, the Nifty violated a few key levels on higher and lower time frame charts. Along with the weak undercurrent, the trading range widened again... READ MORE
KEY TAKEAWAYS * Stock market indexes end the week lower on concerns of fewer rate cuts in 2025. * Treasury yields rose on strong jobs data. * Strong earnings from Delta Air Lines helped boost airline industry stocks. December non-farm payrolls data came in much hotter than expected. More jobs were added, the... READ MORE
KEY TAKEAWAYS * The best five sectors remain unchanged. * XLC and XLF are both starting to show weakness. * XLI is holding above support, while XLK remains within rising channel. The composition of the top five sectors remains unchanged this week, despite an interrupted trading week. This stability comes against a backdrop... READ MORE
In this exclusive StockCharts video,Julius takes a look at what he recently called "The Best Five Sectors" on a relative rotation graph side-by-side with their price charts. He then takes an in-depth at Consumer Discretionary, and shares some interesting stocks within, including AMZN, ULTA, and more. This... READ MORE
KEY TAKEAWAYS * Strong Services PMI and more job openings puts inflation narrative back in focus. * Rising Treasury yields put pressure on large-cap tech stocks. * Energy and healthcare stocks saw the biggest gains in Tuesday's trading. What a difference a day makes! December ISM Services data suggests the service... READ MORE
In this video, after a general market and sectors review, Tony shares the latest OptionsPlay trade ideas, including bullish and bearish ideas for GOOGL, NVDA, DIS, SHOP, and many more. He analyzes sector rotation with RRGs, and takes a look at key earnings. This video premiered on January 7, 2025.... READ MORE
KEY TAKEAWAYS * CES 2025 kicks off this week with many products likely to feature AI functionalities. * Semiconductors are among the backbone components driving AI tech. * Be sure to monitor the general industry and focus on key semiconductor stocks, a few of which may be approaching buy points. On Tuesday, January... READ MORE
In today's free DP Trading Room Carl and Erin discuss whether this market rally can get legs and push the market even higher? Mega-caps are looking very positive with the Magnificent Seven leading the charge. Technology is showing new strength along with Communication Services. Carl starts the trading... READ MORE
In this video, Mary Ellen analyzes the divergence between the S&P 500 and the Nasdaq while highlighting some of the areas driving Growth stocks. She also talks about the continuation rally in Energy and Utility stocks and shares which stocks are driving these areas higher. This video originally... READ MORE
HAPPY NEW YEAR!!! Ever since the introduction of RRG back in 2011, many people have asked me questions like: "What is the track record for RRG" or "What are the trading rules for RRG"? My answers have always been, and will continue to be, "There... READ MORE
It's an interesting market day with the market moving lower despite positive seasonality. Natural Gas (UNG) broke out in a big way up over 15% at the time of writing. Is it ready to continue its big run higher? Carl took the day off so Erin gave us... READ MORE
After suffering a brutal selloff in the week before this one, the Nifty spent the truncated week struggling to stay afloat just below the key resistance levels. With just four working days, the Nifty resisted each day to the 200-DMA and failed to close above that point. The trading range... READ MORE
In this video, Mary Ellen highlights whether to buy last week's pullback. She discusses the rise in interest rates and why, as well as which areas are being most impacted. Last up, she reviews potential winners with new Trump policy, how to spot a downtrend reversal, and the... READ MORE
In this video, after a rundown of the general markets and sectors, Tony brings you the latest options trade ideas. These include a number of bullish and bearish ideas, including DIS, AAPL, META, BA, LULU, and many more. This video premiered on December 23, 2024.... READ MORE
In today's free DecisionPoint Trading Room Carl discusses volume spikes and how we have to analyze big volume spikes carefully to determine whether they express a confirmation of a move or whether they are a special case and do not really provide insight. Carl goes over the signal... READ MORE
After staying in the green following a sharp rebound the week before this one, the markets finally succumbed to selling pressure after failing to cross above crucial resistance levels. The Nifty stayed under strong selling pressure over the past five sessions and violated key support levels on the daily charts.... READ MORE
KEY TAKEAWAYS * Semiconductors are caught in a tug-of-war with AI demand on one side and tariff fears on the other. * The industry's technical performance shows a narrow standstill that can break either way. * Watch SMH and its top three holdings—NVDA, TSM, and AVGO—for insights into timing... READ MORE
The "Trump Trade" refers to the market reaction and investment strategies that emerged following Donald Trump's election victories and his economic policies. It describes the shift in market sentiment driven by anticipated pro-business policies, tax cuts, and deregulation under his administration. Investors initially rushed into sectors... READ MORE
KEY TAKEAWAYS * Track the Yield curve moving back to normal on RRG * USD showing massive strength against all currencies * Stock market drop not affecting sector rotation (yet) The Yield Curve The RRG above shows the rotations of the various maturities on the US-Yield Curve. What we see at the moment... READ MORE
Today Erin looks at the Broadcom (AVGO) chart and compares it to the NVIDIA (NVDA) chart. She shows us the differences between the two and tells you whether she believes AVGO will be the new NVDA, meaning it will perform as NVDA used to perform with a concerted move up... READ MORE
The markets had a wide-ranging week once again; however, they ended near its high point this time. The Nifty had ranged sessions for four out of five days; the last trading day of the week saw the Nifty swinging wildly before closing near its high point. The trading range also... READ MORE
In this video, Mary Ellen highlights how select M7 stocks, mostly TSLA, propped the markets up while some sectors continued to trend lower. She reviews how to find entry points in winning stocks, and also discusses why Small Caps are falling. This video originally premiered December 13, 2024. You can... READ MORE
In this exclusive StockCharts video, Joe shows how to use the MACD zero line as a bias for a stock. As opposed to offering a buy signal, this Zero line level can provide insight into a market or stock's underlying condition; Joe shows how to refine that information... READ MORE
In this exclusive StockCharts video,Julius gives a quick update on sector rotation, then examines the strength uncovered in Consumer Discretionary. He analyzes names like TSLA, AMZN, and LULU; some are in full swing uptrends, but there are also a few names that are on the verge of turning around... READ MORE
Chart 1 compares the S&P Composite with the NYSE A/D Line and its Common Stock counterpart. These, of course, are not intermarket relationships, but the chart does show that some near-term weakness would violate their bull market trendlines. Violating a trendline is not necessarily the end of... READ MORE
KEY TAKEAWAYS * If you want to reposition your portfolio for 2025, consider the potential policy changes that can significantly affect the market. * Focusing on financials and using MarketCarpets Bollinger BandWidth setting identifies stocks with low volatility setups, among other qualities. * Identify stocks that meet your investing criteria and add them... READ MORE
Looking for options trade ideas? In this video, Tony presents some of the best options trading strategies! After discussing special 0DTE strategies, the big picture, and individual sectors and industries, Tony covers bullish and bearish ideas for stocks including NVDA, SHOP, GOOGL, META, CAT and many more. This video premiered... READ MORE
Today Carl looks at the 26 indexes, sectors and groups in a CandleGlance to see how the indexes stack up. It is clear that all of the indexes are as good as they can get. Carl warns that when things are as good as they can get, the only place... READ MORE
The markets closed with gains for the third week in a row, as key indices posting gains while extending their technical rebound. The Nifty trended higher most of the week. The volatility was largely absent, but the Indices stayed quite choppy on most days except the last, where it remained... READ MORE
KEY TAKEAWAYS * Growth stocks are regaining leadership over value. * Small and mid-cap growth sectors are leading the charge. * Large-cap value is currently the weakest market segment. Growth vs. Value Rotation: The Pendulum Swings Again Relative Rotation Graphs (RRG) are not just good tools to use in analyzing sector rotation; they&... READ MORE
Industrials (XLI) benefited greatly from the "Trump Trade", but fell back to digest the gap up rally. It rallied again, but failed after overcoming overhead resistance at the prior November top. Now it is pulling back once again, which that has formed a bearish double top formation. The... READ MORE
KEY TAKEAWAYS * Assess the cumulative strength or weakness of a stock's up and down days to help decide on a prospective trade or investment. * MarketCarpets can comprehensively display the cumulative strength or weakness of stocks in a specific group, such as the S&P 500. * Discover how... READ MORE