What are the Equity Market’s Warning Signs? | Mish’s Market Minute
Nearly every member of Mish’s Modern Family improved last week, with the Russell 2000 (IWM), Transportation (IYT), Semiconductors (SMH), and Retail (XRT) all putting in Golden Crosses on their daily charts. Except for Regional Banks (KRE).Risk off or on during this data heavy week? Clearly, the performance of MarketGauge’s Trend Strength Indicator (TSI) improving across all 4 key indices, […]
DP Trading Room: New Golden & Silver Cross Indexes | DecisionPoint
On this week’s edition of The DecisionPoint Trading Room, Carl opens with an introduction to new data sets for Regional Banks (KRE), Semiconductors (SMH), Biotechs (IBB), and Retail (XRT). The new Golden Cross and Silver Cross Indexes and additional breadth data tell a different story than relative strength studies. Erin concentrates on Financials and deep […]
The Halftime Show: Sharing “Secret” Chaikin Lists | Chaikin Analytics
In this week’s edition of StockCharts TV’s Halftime, using a different perspective than last week, Pete reviews some sectors today that include names with bullish changes over the last week. He also shares some “secret” lists from the Chaikin platform. This week’s upcoming events (Chicago PMI, Consumer Confidence) could prove to be pivotal for sentiment and markets […]
Bears Are Waking Up to the Fact They’ve Missed Out; Here’s What’s Next | Top Advisors Corner
The bears have missed out on a barn-burning rally over the last few weeks. Now, many are changing their stripes and “holding their noses” as they buy late into the rally. This is a great time to assess what’s likely to happen next.I’ve been bullish on this market for some time now and remain so. But, after […]
The SPY Knocks on the Door of Resistance | Don’t Ignore This Chart!
2022 was a year that required a ton of patience, waiting out the cyclical bear market that unfolded – especially during the first 5-6 months of the year. But we saw significant strength in many areas during the fourth quarter and growth stocks have powered the market forward in January 2023. January performance has provided […]
Some Classical Technical Developments Shaping Up As Volatile Markets Gets Selective | Analyzing India
The ghost of the Hindenburg Report continues to haunt the Indian stock markets; the markets have witnessed a sharp selloff over the past two sessions after the activist short-seller leveled some serious allegations against the Adani Group. While Hindenburg Research specializes in “forensic financial research”, they have accused the Adani Group of serious financial wrongdoings, […]
Ready, Set, COVER! Breakouts Are A Short Seller’s Worst Enemy | Trading Places with Tom Bowley
It was one week ago that I wrote about Wayfair’s (W) big breakout in the Don’t Ignore This Chart blog. It had just broken above key resistance and volume accelerated to its highest level EVER! And EVER is a very long time! 22 million shares traded on Friday, January 20th as W gained 20.25% and […]
Week Ahead: Markets Approaches Union Budget In A Bruised State; Expect Volatility To Remain High | Analyzing India
It was an immensely volatile and eventful week for the Markets as they headed towards the last weekly close before the Union Budget. The last three sessions, more particularly, the last two sessions remained marred by the severely bearish reactions to Hindenburg Research’s report on the Adani Group stocks. Hindenburg Research is a “forensic financial […]
The S&P 500 Leaves the 200-Day Behind | The Mindful Investor
How much weight should we put on the fact that the S&P 500 index powered above its 200-day moving average this week? If history is any indication, then this is actually a fairly momentous occasion. Unless it’s a repeat of March 2022, in which case we’re obviously poised for a push to new lows any minute […]
Inflation, What Inflation? | Mish’s Market Minute
We typically have a song or two in my head. After all, watching ticks is musical and has a lot of different beats.And typically, those songs turn into parodies.For this past week, the first song was sealed in our brains after Tesla’s extraordinary run. And then again after Friday’s PCE (Personal Consumption Expenditure) numbers were […]