Since the first quarter ended with very few instruments above the 23-month, we thought we would start the 2nd quarter by examining where the 4 indices are. Over the weekend,…
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In this week’s edition of StockCharts TV‘s Halftime, Pete takes a look at the Q’s and sectors this week. At the end of the quarter, we all know that tech has done…
The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E of…
Don’t Fight the Tape; Stock Market Returns to Uptrend, Nasdaq 100 Blows Out 13,000 Resistance Level
The stock market is back in an uptrend. Moreover, the rally is being led by the technology sector, which is usually a very bullish development. Last week in this space, I…
The following was a special educational Daily Market Report that I sent to our EB.com members last week…. I always refer to EarningsBeats.com as a “Research, Guidance, and Education Platform”,…
Week Ahead: NIFTY Defends Key Supports; Upside May Stay Capped Here In This Short 3-Day Week
The markets had a positive weekly closing; despite the truncated week with just four trading sessions, the NIFTY registered decent gains. Over the past many sessions, the markets were unable…
Last week, the S&P 500 put in a bottom following Wednesday’s rally of 1.4% on volume, which was greater than the prior day. Known by followers of William O’Neil’s work…
There are times when technical merit alone can justify the case for a trade. The reason for this is that many traders often stick with a familiar list or category…
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen highlights the new uptrend in the S&P 500 and which areas are now reversing downtrends. She also reviews themes taking place…
With the first quarter of 2023 drawing to a close, what impresses me most about the equity markets are the improving breadth conditions. While the markets can move higher on strength…