My preference is to trade strong stocks that are simply consolidating and ridding themselves of weak hands, hopefully just in time to ride the next wave higher. Software ($DJUSSW) has…
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Week Ahead: NIFTY May Continue Finding Resistance At Higher Levels; These Sectors May Relatively Outperform
In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond minor incremental highs and may largely…
In this edition of StockCharts TV‘s The Final Bar, Dave answers questions from The Final Bar Mailbag. Today he talks about how to use the ADX indicator, how growth vs. value may…
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen shares what to be on the lookout for to tell if it’s safe to put new money to work. She also…
The VIX ended the week just above 16, bringing it to its highest level in 2024. What does this tell us about investor sentiment, and how does this compare to previous…
One day doesn’t make a trend—that’s one lesson we learned from this week’s stock market action. The March non-farm payrolls data revealed that the US economy added 303,000 jobs, which…
Strong Rotation on the Weekly RRG For a few weeks already, the improvement in the energy sector (XLE) is becoming increasingly visible in the lengthening of the XLE tail on…
The likelihood of silver reaching $50 an ounce this year is a ‘real possibility,’ according to analysts. More conservative yet bullish forecasts plot silver’s target range between $35 and $50.…
The Markup Phase of a Bull Market is glorious to behold and participate in. But they do ebb and flow. The bullish run in the major stock indexes has been…
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Sean McLaughlin of All Star Charts. Sean shares his outlook for the Ark Innovation Fund (ARKK) and energy stocks (XLE) and…