Chinese stocks wet on a tear from mid April to mid May with the China Large-Cap ETF (FXI) gaining some 40% and breaking its 200-day SMA. FXI then fell back over the last few weeks. This surge and pullback created a potential opportunity because some stocks returned to their breakout…
The markets had an incredibly eventful week as they reacted to the exit polls and general election results. All happened in the same week; the Nifty saw itself formin a fresh lifetime high and also came off close to 8% from its peak. A remarkable recovery also followed that led…
Breaking Down Into Growth / Value Using Relative Rotation Graphs to help break down the US stock market into various segments can help us identify pockets of strength or weakness. In this first RRG below, we can examine the relationship between value and growth stocks. The first important observation is…
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.…
When Nvidia (NVDA) opens on Monday, it will have experienced a 10:1 split, and we should remember that one of the purposes of stock splits is to facilitate distribution. That is to say that the lower price after the split attracts investors who avoided the stock at the higher price…
In this StockCharts TV video, Mary Ellen reviews what drove the markets to new highs. She highlights S&P 500 sectors, plus stocks that have reversed their downtrends, pointing out good entry points. Mary Ellen also takes a close look at why stocks did not respond to today’s spike in interest rates.…
There is no denying that the primary trend for the S&P 500 remains bullish as we push to the end of Q2 2024. But what about the conditions “under the hood” of the major benchmarks? Today, we’ll highlight three “signs of the bear” we’re looking for, of which two may have already…
Note to the reader: This is the twenty-fourth in .
VanEck Vectors Retail ETF (RTH) is a peculiar beast. It holds 26 retail stocks, 70% in the Consumer Discretionary sector and 30% in Consumer Staples. It’s tilted toward cyclical growth, but occupies enough “defensive” space not to get hammered too badly when the economy undergoes a downturn. On Wednesday, RTH…
The Technology Sector (XLK) continues to dominate and drive the rally, but fewer and fewer stocks within the sector are participating in the rally. We know this because our Silver Cross Index (SCI), which shows the percent of stocks in the Technology Sector with Silver Cross BUY Signals (20-day EMA…