The broader market is fairly mixed with one clear leader: technology. I am also seeing mixed performance within the technology sector and within specific groups. Semiconductors are strong overall, but groups like cybersecurity are more mixed. This makes it a stock pickers market. In such conditions, I am looking for…
In this edition of StockCharts TV‘s The Final Bar, Dave recaps a bullish day for stocks, with 8 out of 11 S&P 500 sectors finishing higher. He breaks down the charts of NVDA, ENPH, FSLR, and AMD, and reviews a potential upside reversal in gold. See Dave’s chart with Fibonacci retracements for…
In this edition of StockCharts TV‘s The Final Bar, Dave recaps the continued optimism for technology shares following this morning’s bullish CPI data and the Fed’s statements suggesting a Goldilocks scenario for risk assets. He also breaks down key technical signals and levels for AAPL, ORCL, SWKS, PGR, and C. See Dave’s…
While money (the thing itself) knows no politics, its production and distribution are often soaked in it. While Bitcoin isn’t a functioning currency, many consider it an antidote to “bad money.” Perhaps that accounts for its 3.85% spike earlier in the week. What Fueled Bitcoin’s 3.85% Spike? A certain presidential…
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In this edition of StockCharts TV‘s The Final Bar, Dave recaps a fresh new all-time high for the S&P 500, a concerning “hanging man” candle for the SPY, and troubling bearish divergences on the charts of AMZN and GOOGL. He also breaks down short-term and longer-term levels to watch for NVDA, ANET,…
Well, the awaited CPI came in cooler than expected. The stock market liked what it heard, and equities rallied. So did bond prices. Later in the day, the Fed announced its interest rate decision, which, as expected, was unchanged. More importantly, the Fed’s Summary of Economic Projections implies a quarter…
In this edition of StockCharts TV‘s The Final Bar, Dave recaps a bullish day for stocks, with 8 out of 11 S&P 500 sectors finishing higher. He breaks down the charts of NVDA, ENPH, FSLR, and AMD, and reviews a potential upside reversal in gold. See Dave’s chart with Fibonacci retracements for…
In this video from StockCharts TV, Julius examines the theoretical sector rotation model and aligns it with current state of sector rotation on Relative Rotation Graphs, and the phase of the economy. He makes some interesting observations and highlights some flashing warning signals. Check out Julius’ Macroeconomic Variables/Metrics ChartList here.…
On this week’s edition of Stock Talk with Joe Rabil, Joe shows the five ways to use the Moving Average lines to help with decision making. He discusses how these lines can help to define trend reversals and confirmed trends, when to be on the alert for a reversal. Joe…