Stock Market Stuck with a Plethora of Mixed Signals | Mish’s Market Minute
If you are having a hard time figuring out the market’s next moves, start by thinking about trading range. The 2023 Outlook spells out reasons for a 1000-point trading range potential in the SPY from 3200-4200. We are adding that the NASDAQ 100, through QQQ, can head to 330 before topping out, then just as […]
MEM TV: Major Market Shift After Fed Comments | The MEM Edge
About the author: Mary Ellen McGonagle is a professional investing consultant and the president of MEM Investment Research. After eight years of working on Wall Street, Ms. McGonagle left to become a skilled stock analyst, working with William O’Neill in identifying healthy stocks with potential to take off. She has worked with clients that span […]
New Industry Group Golden Cross Indexes and Silver Cross Indexes | DecisionPoint
We have begun collecting Silver Cross Index and Golden Cross Index data for four new industry groups, and StockCharts.com back-calculated data for two years: Biotechnology (IBB), Regional Banking (KRE), Retail (XRT), and Semiconductors (SMH). First let’s cover what the Golden/Silver Cross Indexes are: The Golden Cross Index (GCI) shows the percentage of stocks on LT […]
How to Find the Market’s Strongest Stocks in Just Four Clicks! | StockCharts In Focus
On this week’s edition of StockCharts TV’s StockCharts in Focus, Grayson shows how to combine the Sector Summary tool with SCTRs (StockCharts Technical Rank) to find the market’s strongest stocks in just four clicks. By drilling into the strongest sectors and then the strongest industry groups within, you can quickly find a list of promising stocks in […]
The Market Liked FOMC | Moxie Indicator Minutes
Whether its a short squeeze or more buying, the market went up a few minutes after Jerome Powell started speaking today. Yes, there might be really negative economic data coming sometime in the future. But we don’t know how much of that the market has already priced in, and it might take time for it […]
Inspire Soaring Profits: A Unique View For Success | The Canadian Technician
A month ago, the Nasdaq Chart was in the bottom right corner. Tech layoffs were being announced, and the CEO/CFO/CIO teams were preparing for a terrible 2023. A month later, the market looks almost silly, rocketing to new multi-month highs. But here’s where it gets tricky; you needed to buy what no one was interested […]
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 […]