KEY TAKEAWAYS * Carvana stock takes the lead in the large-cap stocks SCTR Report * CVNA stock has established an upside trend with higher lows and higher highs * Carvana's stock price is holding above its 21-day exponential moving average On a day when the S&P 500 ($SPX) drops... 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
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 * Most stocks follow their underlying index or group. * Oversold conditions in long-term uptrends are opportunities. * Stocks can remain oversold so wait for an upward catalyst. The broad market and the group are big drivers for stock performance. Recently, the Nasdaq 100 ETF (QQQ) led the market lower with... READ MORE
KEY TAKEAWAYS * Small caps saw an impressive surge in July, outpacing the S&P 500 in that month alone. * IWM, a Russelll 2000 proxy, is only 8% away from its all-time highs, potentially signaling the start of a new bull market. * As IWM pulls back (along with the rest... READ MORE
It looks to me like it's time for the bond market to take a breather, if not have a pullback from now into late October. We can sum it up with the cycle projections from Chart 1. I have highlighted, in red, the down leg of the 450-day... 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 * After two days of massive selloffs, Friday's recovery offers some hope. * Investors await earnings from mega-cap tech companies, economic data, and Fed meeting. * Small caps continue to trend higher. Major equity indexes rose on Friday after a selloff that hit the Technology sector especially hard. But... READ MORE
KEY TAKEAWAYS * The long-term trend provides perspective and sets the trading bias. * The bias is bullish during long-term uptrends. * Breaks below the 50-day SMA are viewed a opportunities, not threats. After a big run this year, Nvidia (NVDA) fell over 15% from its high and broke its 50-day simple moving... READ MORE
KEY TAKEAWAYS * In June, Gilead Sciences saw a dramatic surge as positive results of a late-stage trial of its HIV drug had Wall Street buzzing. * GILD was a "sentiment trade" that spiked too quickly for most technical and fundamental indicators to make heads or tails of the move.... 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
KEY TAKEAWAYS * Following the CrowdStrike debacle, the stock is as much a technical trade as it is a news-driven trade * Crowdstrike's stock price has entered a potential buying zone, but potential lawsuits may be a headwind * Crowdstrike could be a buying opportunity but watch momentum, buying levels, and... 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
In this edition of StockCharts TV'sThe Final Bar, Dave answers viewer questions on the best time frames for viewing charts, insights on using Vanguard ETFs for sector rotation, the duration and effect of the Hindenburg Omen indicator, how stocks are indexed in Dow Jones Groups on StockCharts, and... READ MORE
KEY TAKEAWAYS * IJR broke out and a strong breakout should hold. * Broken resistance turns first support. * Small-caps are prone to extended trading ranges. Small-caps took the lead over the last two weeks with the S&P SmallCap 600 SPDR (IJR) surging over 10% in five days and hitting a... READ MORE
KEY TAKEAWAYS * Homebuilder stocks are rallying on hopes of at least one (if not three) interest rate cuts in 2024 * The SPDR S&P Homebuilders ETF broke out above a short-term downward trend * Though much depends on the interest rate environment, the charts of individual homebuilder stocks show support... 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
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
KEY TAKEAWAYS * Carvana stock hit a new 52-week high and has potential to move higher * The weekly chart of Carvana's stock price shows the trend is up and has more upside potential * Carvana's stock chart shows the relative strength index is just approaching overbought territory, indicating... READ MORE
Larry is going LIVE! Don't miss the upcoming "Family Gathering" webinar with Larry Williams, airing live through Zoom on Thursday, July 18 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
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
In this edition of StockCharts TV'sThe Final Bar, Dave completes a three-part series based on the successful "Top Ten Charts" episodes ofThe Final Bar. Today, he wraps the series with talks about risk management and how to use technical analysis tools to better manage risk vs.... 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 edition of StockCharts TV'sThe Final Bar, available to watch below, Dave continues a three-part series on selecting top charts to follow every month. In this second episode, Dave reviews charts he and Grayson Roze selected in May and June, reflecting on what has happened, what has... READ MORE
KEY TAKEAWAYS * Silver may be the next big "AI trade" * While silver ETFs are seeing large outflows, silver futures are telling a different story * Understanding silver's seasonal pattern and identifying the key levels to watch are critical Over the last few years, the "AI trade&... READ MORE
In this edition of StockCharts TV'sThe Final Bar, available to watch below, Dave begins a three-part series on selecting top charts to follow every month. In this first episode, he shares how he and Grayson Roze select the charts to include in the Top 10 lists using the... 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
In this StockCharts TV video, Mary Ellen reviews where things stand after the markets close at another new high. She also shares what drove price action this week and how that may change the markets going forward. Finally, she highlights precise sell strategies in a shifting market. This video originally... 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 * TSLA's stock price surged 32% above its zone of congestion following its April 23 earnings report * News of Tesla's dwindling inventories, plus expectations of a Fed rate cut before the end of the year (among other things), are fueling the stock's advance... 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
In this edition of StockCharts TV'sThe Final Bar, available to watch below, Dave celebrates the S&P 500 closing above 5500, laments the lack of market breadth, and provides updates on the infamous Hindenburg Omen. He also breaks down key levels to watch on charts of V,... READ MORE
KEY TAKEAWAYS * AMZN's stock price entered new all-time high territory, closing at $200.02; it could rise higher * If AMZN's stock price dips, watch for key levels to enter a long position * Amazons' next earnings report is expected to drop on August 1, 2024, which... 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
Historically, July has seen stock prices move higher almost 80% of the time, cementing this in our trader's notebook as a time to stay home and trade. Others can vacation this month! Chart 1 is my true seasonal pattern for the Dow for the last 124 years. It... READ MORE
KEY TAKEAWAYS * Trend Continuation * Breakouts * Momentum Confirmation * Bull Flags 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 momentum in the direction of the underlying price trend... READ MORE
In this edition of StockCharts TV'sThe Final Bar, join Dave and Grayson as they run through top 10 charts to watch in July 2024! They'll cover breakout strategies, moving average techniques, relative strength, and much more. You don't want to miss these insights into... 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