Earnings Analysis: GOOGL, AMZN, AAPL | ChartWatchers
Three big bellwether stocks announced earnings on the same day, after the close, and they all missed estimates. Does that mean the Technology sector will head lower? Not necessarily. Technically, ahead of earnings, the charts looked strong. Here’s a technical perspective on Alphabet (GOOGL), Amazon (AMZN), and Apple (AAPL). Alphabet (GOOGL): What to Watch Out ForGOOGL’s […]
Buoyant Technical Setup In This CV Stock | Analyzing India
Today is Friday; however, when the markets drew to a close on Thursday, it left both major events behind itself while it also navigated the weekly options expiry. The markets are having an immensely volatile week; with the last trading day of the week yet to unfold, the weekly bar isn’t complete yet. However, that […]
GNG TV: Big Moves as Bulls See Risk-On Environment | GoNoGo Charts
In this week’s edition of the GoNoGo Charts show, Alex and Tyler take a macro top-down approach to understanding what technical analysis is telling us about market moves. Starting with an Asset Map and moving through treasury rates, gold, the dollar, and the S&P 500, they use GoNoGo Charts to outline the picture in terms […]
Joe’s Best-Looking Sectors | Stock Talk with Joe Rabil
On this week’s edition of Stock Talk with Joe Rabil, Joe shows off a different pattern that was not included in his book. Using MACD and Price/MA together, we can identify a potential turning point. This pattern is a different form of momentum divergence and just took place on the AMD weekly chart. He then […]
You Gotta Love a Good Wedgie | Don’t Ignore This Chart!
In the second half of 2022, the price chart for XLY started to form a falling wedge pattern.This pattern or formation is characterized by two converging trendlines, BOTH moving lower. The falling wedge variant comes in two variations. It can be either a continuation within an established uptrend or a reversal pattern at the end […]
The Labor Market and the Stock Market | Mish’s Market Minute
By the time you read this, the buzz of what the Fed did and Powell’s presser will be over… at least for the day.We will not repeat the obvious.What we are way more focused on is the underlying reasons that the Fed, unless they are willing to goose rates to over 8%, will have little […]
The Fed’s Interest Rate Decision: How To Play Your Trades | ChartWatchers
Gain insight into the Fed’s interest rate decision and explore how you can strategize your trades in the future.CHARTWATCHERS KEY POINTSThe Fed raises interest rates by 25 basis points (0.25 percentage points).Stock markets closed higher after hearing Chairman Powell’s comments.Monitoring sector performance may be the way to go in 2023.Can the market move on and […]
The Ord Oracle January 31, 2023 | Top Advisors Corner
SPX Monitoring Purposes: Sold long SPX 1/27/23 at 4070.56 = Gain 6.51%; Long on 12/20/22 at 3821.62.The top window is the cumulative GDX Up Down Volume percent with a 200-day average, and the bottom window is the cumulative GDX Advance/Decline percent with a 200-day average. These types of indicators look at the bigger picture and can […]
How Markets Really Work | Dave Landry’s Trading Simplified
In this week’s edition of Trading Simplified, Dave jumps right into his “Mind The Trade” segment with a discussion on how markets really work. He then explains how embracing your own emotional nature can help you to wrap your head around the emotional nature of the market. He then continues his discussion on seeing “what is” […]
January’s Performance: A Good Start for 2023? | ChartWatchers
“As the S&P 500 goes in January, so goes the year.” If you’re a Stock Trader’s Almanac reader, you’ll be familiar with this adage. According to the Almanac, since 1950, this seasonal indicator has registered 12 major errors. That’s an 83.3% accuracy ratio. Given that 2023 is a pre-election year, another point to keep in […]