Will we see a major market top during the month of October? Dave breaks down three market breadth indicators and compares their current configuration to what we observed at the…
Category:
Stock
Good morning and welcome to this week’s Flight Path. Equities saw the trend remain and as the week came to a close we saw more strong blue “Go” bars as…
During today’s market analysis Carl laid out his reasons why we believe we are at a market top. He discusses the current market price action combined with exclusive DecisionPoint indicators…
On the back of one of the major FII selloffs seen in recent times, the markets succumbed to strong corrective pressure through the week and ended the week on a…
After Friday’s stellar jobs report—254,000 jobs added in September vs. the Dow Jones forecast of 15,000—stocks and Treasury yields initially reacted with a big jump. The data confirms the strength…
In this StockCharts TV video, Mary Ellen highlights the continuation rally in AI-related stocks while also reviewing broader market conditions. The move higher in yields as well as volatility were discussed…
It is a bull market for stocks. On the chart below, the S&P 500 SPDR (SPY) recently broke rim resistance of a cup-with-handle pattern and is trading near a 52-week…
We know that successful options trading requires precise analysis and actionable options strategies. That’s why we’re excited to introduce a groundbreaking partnership between OptionsPlay and StockCharts.com—bringing you the world’s first…
As a bull market reaches an exhaustion point, market breadth indicators often tend to diverge from the price action of the benchmarks. This “breadth divergence” occurs as leading names begin to…
This morning, September nonfarm payrolls soared past expectations, 254,000 vs. 132,500. Adding to the bullishness was the upward revision to August nonfarm payrolls as the prior reading of 142,000 was…