We’ve been watching and waiting for our IT indicators to turn down in overbought territory and today they did. Add to this a topping Price Momentum Oscillator (PMO), a downside…
Stock
On Thursday morning, April 20th, I began the day with the crew at the Benzinga PreMarket Prep show. We (Joel and Mitch) covered a lot, but the focus remains this…
On this week’s edition of Stock Talk with Joe Rabil, Joe shows a MACD divergence signal that takes place in the direction of the trend. He explains how there are…
Regional Banks (KRE) made a comeback during the session. The price pierced the 44 resistance level and closed above the last 18 trading day’s range. On March 6th, over a…
Three beef-slinging behemoths are about to go toe-to-toe in an all-out brawl for supremacy over the grease-stained domains of Burgerdom. Opening Moves McDonald’s (MCD) has deployed its long-slumbering anti-hero, the…
Aerospace and defense stocks seem to be busting through turbulence. Lockheed Martin (LMT)’s better-than-expected earnings helped push its stock price higher, and the positive news added upside momentum to the…
SPX Monitoring Purposes: Long SPX on 2/6/23 at 4110.98 Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. We updated this chart from yesterday. The…
After recent price cuts and low expectations of only $.85 per share or a 20% drop since a year ago, many eyes will watch Tesla (TSLA) after the close. Tesla,…
On this episode of StockCharts TV’s Sector Spotlight, I evaluate the current state of the Sector Rotation Model. Each quarter, I take the elements of the Model, as described by Sam…
Over the weekend, we covered the weekly charts of the Economic Modern Family. And… Given that yields begin this week higher. Given that earnings season kicks into gear with banks,…