Earlier this year, in April and June, I laid out a bullish thesis for PayPal Holdings, Inc. (PYPL)—the stock price was bottoming and had the potential to break out. Since…
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Good morning and welcome to this week’s Flight Path. Equities continue their path out of the “NoGo” correction. The “Go” trend has returned for U.S. equities as we see first an…
A review by Dr. Mark Holder. “History repeats itself.” Never was a phrase (oft cited as Churchill quote) more apt in describing a text. The book, Investing with the Trend…
The Home Construction ETF (ITB) is leading the market as it surged to a new closing high this week. While this high is certainly bullish and points to upside leadership,…
In this StockCharts TV video, Mary Ellen reviews the broader market’s health while highlighting big shifts into newer areas, including banks, retail, and autos. Sharing one of the reasons Tech stocks…
In this edition of StockCharts TV‘s The Final Bar, Dave completes a five-part series covering ten charts to watch in August 2024, breaking down to stocks in established downtrends. What would we…
On the weekly Relative Rotation Graph, the rotation still favors almost every sector over Technology. I discussed the opposite rotations between weekly and daily RRGs in last week’s video, which…
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The SCTR Report: Workday Rises on Strong Earnings Results and Rising Technical Strength
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When a stock surges based on a strong earnings report, analyst upgrade, or other fundamental factors, it’s tempting to jump into the stock. But often, when a stock’s price spikes…
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Is Peloton Stock the Next Big Turnaround? What You Need to Know Before It’s Too Late
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Peloton’s (PTON) stock soared over 38% on Thursday after the company posted positive free cash flow for the second quarter in a row—a first since 2021. Is the turnaround working?…
It’s been nearly two years since Jackson Hole Jay saw his shadow and we all endured 6 more weeks of harsh market weather. If you need a reminder, August 26,…