Stocks In This Area Are Running, And Many Are Poised To Go The Distance | The MEM Edge
It was a solid week for the markets with the S&P 500 advancing above its key 200-day moving average which was a major area of possible upside resistance. With a positive RSI and Stochastics, the markets are poised to advance further as we enter an earnings season that’s been marked by results being rewarded despite […]
The Four Scenarios for the S&P 500 | The Mindful Investor
Position for the most probable scenario, but plan for alternative scenarios.Why is this a sentence that should be printed out and taped to your monitor, now if not sooner? Because, as investors we often become very tied to a particular narrative. The Fed is wrapping up its tightening cycle and then it’s off to the races!This […]
Weekend Daily: Stock Market Outlook: New Year, New Calendar Range | Mish’s Market Minute
Welcome to the new year and the new January reset!The January 6-month calendar range could be even more influential than usual. Let me explain before showing you the S&P 500 (SPY) price chart…After the first 10-trading days in January, a range is established. That range becomes a guideline for the next 6 months until it resets […]
Follow Key Earnings Reports this Season with the Earnings Calendar! | StockCharts In Focus
Grayson kicks off earnings week in a big way on this week’s edition of StockCharts TV’s StockCharts in Focus! He explores one of the latest new tools and features on StockCharts: our earnings calendar – with reported results and upcoming announcement dates to help you use the right tool!This video was originally broadcast on January 13, 2023. […]
MEM TV: Best Ways to Play Current Market Rally
In this episode of StockCharts TV’s The MEM Edge, Mary Ellen reviews the sector rotation taking place amid bullish price action in the markets. She also shares areas of strength that are poised to trade higher.This video was originally broadcast on January 13, 2023. Click on the above image to watch on our dedicated MEM Edge page on StockCharts TV, or […]
New Year Seeing Strength | Moxie Indicator Minutes
In this week’s edition of Moxie Indicator Minutes, volatility products, breadth indicators, and individual tickers are showing TG that there is strength coming into the market. Is it the end of the Bear? We can’t yet say, but there are trades setting up that you should be ready for. Lets dive in!This video was originally […]
Return of the REITs? | RRG Charts
On the Relative Rotation Graph for US sectors, the tail for XLRE, the Real Estate Select Sector Fund, is inside the improving quadrant and heading towards leading at a positive RRG-Heading.This is one of the few tails with a positive RRG-Heading, between 0-90 degrees. The other ones are Utilities, recently discussed in this article, Communication […]
Relative Seasonality and a Monthly Equity Curve | Art’s Charts
The stock market has a long-term bullish bias and the monthly return metrics reflect this positive bias. Chartists looking for a seasonal edge can compare benchmark metrics with the monthly performance numbers. Months that outperform the benchmarks have a positive bias, while months that seriously underperform have a negative bias. Four months stand out on […]
US stocks trade lower but not as bad as pre-market levels
The major US stock indices are opening with declines. Each are working on winning streaks with the NASDAQ at five days and the S&P and Dow at three days. A snapshot of the market six minutes into the opening is showing: Dow Industrial Average down -221.84 points or -0.65% at 33968.14 S&P index -29.65 points […]
Inflation Softens: Will Interest Rates Still Rise? | ChartWatchers
The December consumer price index (CPI) was welcome news for the stock market. Headline and core CPI numbers came in line with expectations. Headline CPI year-over-year is up 6.5% and core CPI is up 5.7%. Even though the softening inflation number was probably already priced into the market, the broader market indexes all closed higher. […]