At the Edge of Chaos: Contrarians Investors with a Regional Bias Will Outperform Traditional Macro Strategies in 2023 | Top Advisors Corner
Just as many investors were getting ready to throw in the towel, the Federal Reserve may be signaling that it’s getting close to stopping its rate hikes. Meanwhile, the latest jobs report suggested that wage gains are slowing. The combination of rising pessimism and a potential change in behavior from the Fed ignited a nice Friday rally […]
Weekend Daily: Gold is the Featured Pick of 2023 | Mish’s Market Minute
You don’t want to miss Mish’s 2023 Market Outlook, E-available now!From page 55 of How to Grow Your Wealth in 2023:”Overall, the gold futures have the lion’s share of our interest, (as referenced earlier in this Outlook). We wrote about the silver/gold ratio and how, classically, that has been a reliable indicator for inflation. Our […]
Can A 15% Soaring Break Ubisoft Stock’s Downfall? • 2nd Skies Trading
A strong bullish engulfing timeframe appeared on the UBI stock chart on the daily timeframe. This rise translated to a 15% rise in price from an opening price of €34. Source: Error 420 This rise resulted from rumors of a takeover by buyout funds. While no official statement has been released, that didn’t stop the […]
Week Ahead: Positive Start To Nifty Expected; Muted Dollar Index May Benefit These Sectors | Analyzing India
The equity markets have entered into the new year on a back foot and stayed choppy as well. In the previous technical note, it was mentioned that so long as the NIFTY stayed below its crucial resistance zone of 18300-18600 levels, it will stay in a trading zone that it has created for itself. The […]
Don’t count on the bear market’s winners to fuel the next bull market
It’s too early to know which sector will lead U.S. stocks higher in the next bull market. But it’s not too early to have confidence that what it won’t be is the energy sector. Energy has been the best performer during this bear market. At no time over the last 5+ decades has the same […]
Bulls Hold the Line – What Comes Next? | Top Advisors Corner
We’re through the first week of January and, even though the bulls don’t have that much to brag about yet, they did manage to hold the line, with the market staging a nice rally into Friday’s close. In fact, as you can see below, the S&P closed back above its 20 day moving average for […]
MEM TV: Has a New Bear Market Begun?
In this episode of StockCharts TV’s The MEM Edge, Mary Ellen reviews some of the key events driving price action as we head into the New Year. She also highlights the impact of last week’s rise in interest rates, as well as key areas of support for the broader Indexes.This video was originally broadcast on January 6, […]
Exploring the Official StockCharts Mobile App | StockCharts In Focus
On this week’s edition of StockCharts TV’s StockCharts in Focus, Grayson takes you on a tour through the brand new StockCharts mobile app for iOS devices! You can now take your charts and the market anywhere with you on the go. We’ll show you the features of the mobile app and how to get started!This video was […]
Useful (Multi)Utilities | RRG Charts
From the Sector LevelOn the Relative Rotation Graph for US sectors, the tail for the Utilities sector stands out. It is relatively long compared to the other tails on the graph, which indicates that there is quite a bit of power behind the move. With the tail moving from lagging into improving and heading toward […]
Respecting the Rangebound S&P 500 | The Mindful Investor
As the great bear market of 2022 was really hitting its stride, the 3800 level came into view as a likely support level for stocks. We keyed in on that level based on Fibonacci Retracements using the March 2020 low and the January 2022 high. At the time, that seemed like an aggressive downside target, and […]