Good morning and welcome to this week’s Flight Path. Equities rebounded this week as we saw a string of strong blue “Go” bars and price hit a new higher high. Treasury…
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Did you know that the equally-weighted RSP is seriously underperforming the cap-weighted SPY? It is losing considerable ground against the SPY and that suggests that if mega-caps fail, so will…
Week Ahead: Despite Pullback, Breadth Remains A Concern; Nifty Stays Prone To Retracement
The markets had an incredibly eventful week as they reacted to the exit polls and general election results. All happened in the same week; the Nifty saw itself formin a…
Chinese stocks wet on a tear from mid April to mid May with the China Large-Cap ETF (FXI) gaining some 40% and breaking its 200-day SMA. FXI then fell back…
There is no denying that the primary trend for the S&P 500 remains bullish as we push to the end of Q2 2024. But what about the conditions “under the hood”…
In this StockCharts TV video, Mary Ellen reviews what drove the markets to new highs. She highlights S&P 500 sectors, plus stocks that have reversed their downtrends, pointing out good entry…
When Nvidia (NVDA) opens on Monday, it will have experienced a 10:1 split, and we should remember that one of the purposes of stock splits is to facilitate distribution. That…
It was a bit of a seesaw week in the stock market, but, overall, the market seems to think everything is looking good. The May employment report indicated that the…
Breaking Down Into Growth / Value Using Relative Rotation Graphs to help break down the US stock market into various segments can help us identify pockets of strength or weakness.…
The Technology Sector (XLK) continues to dominate and drive the rally, but fewer and fewer stocks within the sector are participating in the rally. We know this because our Silver…