KEY TAKEAWAYS * In March 2024, certain hedge funds began heavily shorting MicroStrategy stock. * Microstrategy was a meme stock that surged 300% from February to March. * While many investors got burned when Microstrategy's price tanked, there were clues that short sellers were taking over the stock. In early 2024,... READ MORE
KEY TAKEAWAYS * Semiconductor stocks get slammed * Volatility rises as investors become more fearful of more selling pressure ahead * Investors should be extremely cautious as Broadcom earnings and Non-Farm Payrolls could impact the stock market I hope you had a relaxing, restful long weekend, and welcome to September. It was a... READ MORE
In this video from StockCharts TV,Julius evaluates the completed monthly charts for August, noting the strength of defensive sectors. He then analyzes a monthly RRG and seeks alignment for the observations from the price charts. Could "sideways" be the most positive scenario for the S&P... READ MORE
Signing Off I want to thank the owner/President of StockCharts.com, Chip Anderson, and his son, Eric, for 25 years of friendship, over 10 years of writing 200+ articles in my "Dancing with the Trend" blog on StockCharts.com. StockCharts.com offers a giant selection of tools... READ MORE
In this StockCharts TV video, Mary Ellen reviews the broader markets, including NASDAQ weakness, and the outperformance in the equal-weighted S&P 500. She examines NVDA and shares how you should trade the stock depending on your investment horizon. Last up, Mary Ellen reveals top stocks in leadership areas.... READ MORE
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 * 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
Let's get this out of the way... In our last Family Gathering, I announced I am doing my best to retire. That means we will have our September Family Gathering, the October newsletter and mid-month Family Gathering. After that, "Focus on Stocks" is all over. I... 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
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 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
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
KEY TAKEAWAYS * PayPal broke out from its two-year consolidation and triggered a new bullish signal * The next upside target for the bullish trend in PYPL is around the $90 level * The call vertical options strategy can be used to capitalize on the upside breakout in PYPL Earlier this year, in... READ MORE
The following is a review of my book "Investing with the Trend" by Dr. Mark Holder. You can read the entire contents of the book on this blog, starting with this article. "History repeats itself." Never was a phrase (oft cited as a Churchill quote) more... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave completes a five-part series covering ten charts to watch in August 2024, breaking down to stocks in established downtrends. What would we need to see to confirm a rotation from a distribution phase to an accumulation phase, and where... READ MORE
KEY TAKEAWAYS * Workday, Inc. stock rose higher on strong earnings and guidance * If Workday stock rises with strong momentum and technical strength, the stock has potential to make for a favorable intermediate-term position trade * Learn how to set an alert for WDAY stock price to cross a specific threshold When... READ MORE
KEY TAKEAWAYS * Peloton shares jumped over 38% on Thursday following an earnings surprise * Having fallen 97% from its record peak, Peleton could present investors with a ground-level market opportunity * With the breakout well underway, here are the actionable levels to watch as Peloton stock surges ahead or dips back down... READ MORE
What to make of the market as we near the end of August? Larry presents his thoughts in this edition of the Family Gathering video. In this month's Family Gathering video, Larry begins by presenting a new way of forecasting for Crude Oil. After that, he follows up... 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, honing in on two Health Care stocks showing renewed signs of strength. He also breaks down how earnings releases relate to price trends, and how investors should... 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
Today, Larry Williams will be hosting a "Family Gathering" meeting at 2pm Eastern Daylight Time (11am Pacific). Sign-in in begins 5 minutes prior. The show, which will include both a presentation from Larry and a viewer Q&A session, will be recorded and posted online for those... 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
The House of Mouse has taken a serious nosedive over the last three years, having gone from a high of about $201 down to $89 and change—a 55% drop that feels like one of its roller coaster rides. Not exactly the thrill Disney shareholders were hoping for. But Disney... 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 edition of StockCharts TV'sThe Final Bar, Dave kicks off a five-part series covering ten charts to watch in August 2024, starting with two mega-cap growth stocks testing key resistance levels. Will they power up to new all-time highs into September? This video originally premiered on August... 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
Larry is going LIVE! Don't miss the upcoming "Family Gathering" webinar with Larry Williams, airing live through Zoom on Thursday, August 22 at 2:00pm Eastern Daylight Time. In this must-see event, Larry will be presenting his current opinions on a broad variety of current market... 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 * Dell stock is rising from its lows and is worth putting on your radar * Dell stock is seeing technical improvement but needs more momentum * There are clear entry and exit points on the daily chart of Dell When the general market is recovering from a pullback, there can... READ MORE
KEY TAKEAWAYS * Cooling inflation data added some optimism in the market although trading volume was low * The broader stock market indexes are seeing some daylight as they pop their heads out after being underwater * The Mag 7 stocks are showing strength, which means there could be some buying opportunities soon... READ MORE
In this exclusive StockCharts TV video, Joe shows the four stages a stock or market can be in at any time. He explains each stage and how ADX & Volatility can help define each stage. He then shows what stage the SPY is right and why the bias is still... READ MORE
KEY TAKEAWAYS * Starbucks' stock price saw a massive jump and SCTR score on Tuesday * Much of SBUX's stock price movement is sentiment-driven, so the price spike could be short-lived * StockCharts SCTR tool identified SBUX as a strong stock, and a more thorough analysis can determine if the... 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
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
KEY TAKEAWAYS * The VIX reaching 65 signals extreme volatility and elevated risk of market downside * The AAII Survey is close to showing more bears than bulls, which would line up with previous corrections * The NAAIM Exposure Index indicates that money managers were rotating to defensive positioning in early July While... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave presents a special all-mailbag episode, answering viewer questions on optimizing entry points for long ideas, best practices for point & figure charts, and the relationship between gold and interest rates. See Dave's chart showing Zweig Breadth Thrust... READ MORE
KEY TAKEAWAYS * Fundamental, technical, and seasonality factors suggest an upside move in WTI crude oil. * Seasonality and other indicators suggest a swing trading opportunity in the United States Oil Fund (USO). * Supply and geopolitical factors can quickly change the conditions of the market and the trade. Oil prices are climbing... READ MORE
KEY TAKEAWAYS * QQQ has bounced off its 200-day moving average. * An optimal entry point for QQQ would be the 50% to 61.8% Fibonacci retracement range. * If QQQ drops below $350, it can mean further downside. Just Another Manic Monday? On Monday, the Nasdaq plunged over 3%. With the S&... READ MORE