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
Most weekends, I run through a chart list featuring weekly bars and candlesticks of bonds, stocks and commodities to see if any one or two bar patterns or candlestick formations have developed. Last week produced a crop of bearish messages from the major averages and some sectors. Before you rush... READ MORE
In this StockCharts TV video, Mary Ellen examines which areas of the market have moved into favor amid the S&P 500 pullback. She compares value vs. growth stocks and the merits of both, and highlights the move away from technology stocks. Which areas are poised for more downside?... READ MORE
KEY TAKEAWAYS * Technology is rotating out of favor * Market Capitalization is a two-edged sword * Negative divergences on Technology and S&P 500 charts are executing Strong Rotations on Daily RRG This daily RRG shows the sector rotation over the last five days. With only one more trading day to... READ MORE
In this exclusive StockCharts TV video, Joe shows how to use 2-3 specific MACD patterns on the monthly and weekly charts to set the stage for potential trading ideas. Joe then goes through the shifts in the Sector action and shows where the money is flowing. He covers the stock... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave comments on the Newer Dow Theory signal, improving market breadth conditions, impact of lower interest rates, and key levels to watch for GLD, UNH, CAT, and BAC. He also breaks down today's rally driven by small caps... READ MORE
KEY TAKEAWAYS * One sector ETF is slightly outperforming the S&P 500 while the rest are underperforming the index. * The performances of the four outperforming sector ETFs from September to December vary. * Check the price action and fundamentals to see if both might agree with each sector's... READ MORE
In this video from StockCharts TV,Julius looks at the markets from an asset allocation perspective using various RRGs. Stocks are (still) beating bonds, while commodities are rotating out of favor and the USD is losing steam. BTC is jumping higher off support, and the Yield Curve is steepening against... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps a strong Monday for value stocks, with the Financial and Energy sectors leading the S&P 500 and Nasdaq to new highs. He shares an update on the Hindenburg Omen, how Bitcoin has regained its 200-day moving... READ MORE
A silver cross occurs when a 20-day MA crosses above its 50-day counterpart. While far from perfect, such signals enable you to ride a persistent trend. However, like all trend following techniques, problems can occur in a trading range environment. Chart 1 features two recent buy signals for the S&... READ MORE
Earnings are coming into focus and today Erin looks at the big earnings stocks to find out which look the best going into earnings. She took the list of stocks and sorted them by the Price Momentum Oscillator (PMO) which put the strongest stocks at the top of the list.... READ MORE
It was the sixth week in a row that saw the Nifty 50 index ending with gains. Over the past few days, the markets largely experienced trending days as they continued inching higher despite the intraday moves staying ranged. The Nifty also continued forming its new lifetime highs; the current... READ MORE
In this StockCharts TV video, Mary Ellen reviews the sharp rotation that took place in the markets after inflation data came in below estimates. She also highlights new areas of possible leadership as interest rates decline. Most importantly, she shares the best way to uncover leadership names that are in... READ MORE
In this exclusive StockCharts TV video, Joe shows an RSI strategy that offered a few opportunities to get into AAPL before the big breakout. He then highlights what to watch for in TSLA, which may provide the same type of RSI setup sometime over the next week or so; this... READ MORE
In this video from StockCharts TV,Julius continues to look at the narrowing market breadth and puts things into (another) perspective. The conclusion remains the same: it's a Risk-ON market, but the Risk is BIG. This video was originally broadcast on July 9, 2024. Click anywhere on the... READ MORE
Earnings season is kicking off and Carl and Erin spotlight the banks that will be reporting on Friday. The setups aren't good for all of these banks, but some are set up nicely going into their earnings calls. Earnings are always tricky as good earnings can still result... READ MORE
The markets continued with their unabated up move in the week that went by and ended once again with net gains. While continuing with the advance, the Nifty 50 Index extended its move higher. However, as compared to the previous week, this time, the trading range got narrower as the... READ MORE
KEY TAKEAWAYS * Value sectors have been consistently underperforming the benchmarks since the April market low * Technology has outperformed the S&P 500 as well as other growth sectors in 2024 * Defensive sectors like Utilities and Consumer Staples may be the most important to watch, as they can demonstrate investor... READ MORE
KEY TAKEAWAYS * Today, we're looking at market breadth from a different perspective * In this article, we'll plot major US stockmarket indices on a Relative Rotation Graph * Even inside the NYFANG index, the base is narrow There's been much chatter and mentions of weak or... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe uses a chart of AAPL to demonstrate how properly using a MACD and ADX indicator combo increases your chances of success. He analyzes 10-Year Yields, Bitcoin, Tesla, Datadog, and ServiceNow. Going through all the sectors, Joe explains... READ MORE
In this edition of StockCharts TV'sThe Final Bar, available to watch below, Dave recaps a shortened trading session marked by strength in the technology sector, potential breakouts in gold stocks, and key levels to watch as the S&P 500 index makes a new closing high on... READ MORE
Residential housing is not important for its size relative to GDP, which, according to Copilot, is about 3-5%. Rather, due to its interest rate sensitivity, housing is significant because it is the first sector of the economy to turn at the end of a recession, and the first to turn... READ MORE
In this video from StockCharts TV,Julius assesses the long-term trends as they are playing out on the monthly S&P 500 sector charts. He takes a look into the future using the expected seasonal trends for the month of July. Markets are still going higher, but the path... READ MORE
S&P 500 earnings are in for 2024 Q1, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E... READ MORE
Today's DP Trading Room was jam packed! The lead story is definitely the fact that deflation is another possibility that many are not talking about. We don't know if it will be the final outcome, but we have a link that discusses this possibility: https://hoisington.... READ MORE
After consolidating in the week prior, the markets resumed their up move and have ended the present week on a strong note. The markets also navigated weekly derivatives expiry, showing some signs of fatigue and impending consolidation on the last trading day after rising for four trading sessions in a... READ MORE
In this StockCharts TV video, Mary Ellen recaps last week's market activity and the factors influencing market movements. She highlights two names, PANW and ADSK, as two bright spots in an otherwise rough preview of earnings season. This video originally premiered June 28, 2024. You can watch it... READ MORE
KEY TAKEAWAYS * Scanning * screening * Idea Generation * Market Breadth Join Tyler Wood, CMT, in this insightful tutorial where he demonstrates how to effectively scan for GoNoGo conditions using StockCharts.com. GoNoGo Charts, a powerful method developed by Alex Cole and Tyler Wood, blend foundational tools in technical analysis into a powerful... READ MORE
KEY TAKEAWAYS * The 2024 bank stress results show that all participating banks are able to withstand an economic collapse * In spite of the banks passing the stress test, the XLF didn't see much movement * Look for XLF to reverse at its 50% Fibonacci retracement level and start gaining... READ MORE
In this video from StockCharts TV,Julius takes a look at rotation among growth/value and size segments, followed by a look at current sector rotation. He detects an intraday sector rotation he has never seen before, which could be the prelude for a larger move. This video was originally... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave tracks the rapid and concerning deterioration in semiconductors, with stocks like NVDA and AVGO pushing lower after last week's bearish candle patterns. He then dives into the downturn in Bitcoin, the impressive recovery for energy stocks, and... READ MORE