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…
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 change in Non-Farm Payrolls (NFP) was stronger than expected. It came in at 272,000, significantly higher than the estimated 190,000.…
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 reviews key charts from a technical analysis perspective, including AAPL, FSLR, MSTR, and STT. He also addresses the potential bearish momentum divergence for the S&P 500 index and reviews the negative breadth conditions, with new 52-week lows outnumbering new 52-week highs by…
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 change in Non-Farm Payrolls (NFP) was stronger than expected. It came in at 272,000, significantly higher than the estimated 190,000.…
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 bond prices returned to a “Go” trend with their own week of strong blue bars. Commodities struggled again as GoNoGo Trend…
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 go the market. Carl shows us charts to prove his point. Next up Carl covers the market in general followed…
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…
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 change in Non-Farm Payrolls (NFP) was stronger than expected. It came in at 272,000, significantly higher than the estimated 190,000.…
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 change in Non-Farm Payrolls (NFP) was stronger than expected. It came in at 272,000, significantly higher than the estimated 190,000.…