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. Yesterday, we said, “We posted the…
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Above is an AI image to illustrate that while, on Monday, Granddad Russell (IWM) was offering a helping hand to his wife Granny Retail (XRT), today they both looked more…
In this episode of StockCharts TV’s Sector Spotlight, I look at sector rotation while breaking down the universe into offensive, defensive, and sensitive sectors. I then zoom in on the groups…
The Consumer Staples sector closed below its key 50-day moving average yesterday and is on track to be the worst performing area for the week. This underperformance began last week…
Celebrating AAPI Heritage Month: Jonathan Lin’s Road From IT to Technical Analysis
May is Asian American and Pacific Islander Heritage Month. In recognition of the AAPI community, StockCharts spoke with a few individuals in the financial community about how their experiences, challenges,…
There are many who have given up on the small cap community, but I’m not one of them. The long-term 15-year chart remains in a solid uptrend. Yes, the group…
Just look at the March lows in Granddad Russell 2000 (IWM). And now look at the March lows in Granny Retail (XRT). So who is right? IWM has moved up…
A couple of weeks ago (early May), the price of spot gold reached a high of $2085 an ounce, nearly challenging its all-time high of around $2089 last reached in…
In this week’s edition of The DecisionPoint Trading Room, Carl opens the Trading Room with a discussion on what the Advance-Decline Line is and how it is calculated. Importantly, he…
Here is a bullish thought. The Federal Reserve seems to have lost its consensus about higher interest rates. Consider the following: On the day the Nasdaq 100 Index (NDX) broke out…