As a trader, calling market tops (or bottoms) is a difficult and potentially dangerous thing to do. Calling a market top on a fundamentally strong stock during a strong uptrend…
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In this edition of StockCharts TV‘s The Final Bar, Dave welcomes guest Chris Ciovacco of Ciovacco Capital Management. David focuses on downside risk for GOOGL and AMZN, and shares one utility name…
Energy Improving in Three Time Frames Watching sector rotation at the start of this week shows a continued improvement for the Energy sector (XLE). Even though XLE has the lowest…
In our last piece, we presented a long term/secular outlook for intermediate-term Treasuries, where we concluded that the structural break above the secular downtrend from the September 1981 high, coupled…
In this edition of StockCharts TV‘s The Final Bar, Dave recaps the continued leadership rotation from growth to value, with SMCI breaking below $1000 and GOOGL dropping a shooting star candle on…
Today Carl and Erin open the show with an example of how you can find stock and ETF relative strength using a Price Momentum Oscillator (PMO) sort. Many may not…
The 20+ Yr Treasury Bond ETF (TLT) failed again at the falling 40-week SMA and looks poised to resume its bigger downtrend. Keep in mind that bonds and yields move…
Happy St. Patrick’s Day! Last week was interesting for sure. Both February Core CPI (consumer price index) and February Core PPI (producer price index) came in above expectations. The headline…
We have seen just about everything we’ve needed to see to confirm this powerful secular bull market advance since the beginning of 2023. There was really only one thing missing…
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Week Ahead: Technical Setup Stays Weak; NIFTY May See Corrective Pressure At Higher Levels
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After inching higher for six weeks with intermittent corrective bouts, Indian equities finally took a breather and succumbed to a corrective move as it ended the week on a negative…