Legendary investor Peter Lynch told the world to “own what you know” – meaning use the products and services of companies in the equity market. The Top-Down approach to market…
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I was honored to spend time on Making Money with Charles Payne, which airs on Fox Business, and give a brief glimpse into why I am not as bearish right…
When we talk about “participation,” we are referring to the number of stocks actually taking part in a given market move. Presently, we are looking at the rally from the…
In this week’s edition of Trading Simplified, Dave shows his methodology in action by showing a recent stock pick that he believes has tremendous potential. He then continues his series on…
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. What we said yesterday still stands. “We…
Chevron: Navigating the Intersection of Technical Uncertainty and Fundamental Strength
Chevron’s (CVX) technical health could be in better shape according to numerous indicators best summed up by the StockCharts Technical Rank (STCR) score. Talking about underwhelming performance, CVX is clearly…
The Market Outlook for 2023 was written in December 2022. I have a designated radar screen for all the predictions and stock picks. The picks especially remain a focus for…
After looking at the Sector Rotation Model, Seasonality, and Monthly charts in recent episodes, it is time for an assessment of current market rotation again. In this week’s edition of…
Running scans as part of your daily trading routine can reveal surprising trading candidates. Alphabet, Inc. stock is well-loved among investors and a massive component of the S&P 500 index.…
We’ve noticed that depending on what index you’re in, price is holding up or not. The SP500 (SPY) (pink solid line) tested February highs, but the SP600 has been angling…