Today’s stock market action uncovered some unusual activity. While the broader stock market indexes rose—the S&P 500 hit a record close, and the Dow Jones Industrial Average snapped a three-day…
Stock
Summary The Relative Rotation Graph for US Sectors for this week mainly shows a continuation of the rotations as they were underway last week. XLB : Moving from lagging into…
In this edition of StockCharts TV‘s The Final Bar, guest David Hunter of Contrarian Macro Advisors shares his updated target for the S&P 500, and makes the case for a bullish melt-up…
Full disclosure: While there are many ways to view the following, this article will deliberately view the matter from a bearish angle. While some investors look to KRE—the SPDR S&P…
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes guest Mary Ellen McGonagle of MEM Investment Research. David compares two stocks in the same industry group with dramatically different chart…
We were perusing the Advance-Decline Line charts that we have and noticed something that surprised us. The Nasdaq Advance-Decline Line is trending lower while prices continue higher. This is negative…
Today Carl and Erin reviewed the Boeing (BA) chart together discussing the technical ramifications of the step down of the CEO and two other board members. We do note that…
Week Ahead: Short Week May Not See NIFTY Adopting A Sustained Directional Bias; Volatility May Return
After a corrective action in the previous week, the Markets continued to wear a tentative look throughout the past week as well. In the previous technical note, it was mentioned…
I’ve always liked to look at certain points during a bull market or bear market where the character of the market could change based on key fundamental news. We were…
U2 is one of my favorite bands and I can’t help but think of their song, “With or Without You”, when I look at an S&P 500 chart. This secular…