The week is starting out exactly how we expect. The SPY and indices stuck in the trading range within a trading range.The latest economic data weak, hence causing buyers to…
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In this week’s edition of StockCharts TV‘s Halftime, with all of the talking heads and the “Wall Street” headlines throwing uncertainty into the mix (soft landing, no landing, and fly by, anyone?),…
The correction in stock prices may be gathering steam, and the potential for a full-blown liquidity crisis seems to be rising. The reason may be that several big players in…
We are provided constant reminders that important company information is reflected in the absolute and relative performance of the company’s stock price. That may go against common sense in a…
After the CORE PCE numbers came out on Friday, the market had the expected reaction of selling off in anticipation of a more aggressive Fed. We find the reaction less…
Week Ahead: NIFTY Draws Closer To Potential Support; RRG Charts Show Defensive Setup
It was a weak performance for the equity markets; after heading nowhere over the past two weeks despite staying volatile, the markets gave up some strength as they closed the…
The stock market has been a tough place for trend-following since January 2022, which is when the S&P 500 first triggered a bearish trend signal. The bearish signal in question…
One of my early mentors often remarked, “Nothing good happens below the 200-day.”This was his way of recognizing that, while stocks can certainly pop higher from beaten down levels, you’re…
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews the markets’ break below key support as inflation remains elevated. She also shares stocks from her watchlist that are trending…
Driving into a dense fog of economic data can sometimes trigger something of an analytical spinout, where directionality and objects on the road are first felt, via gravity and impact,…