Momentum and trend strategies are off to a roaring start here in 2024. More often than not, these strategies buy leading stocks that appear overbought. Buying stocks that appear overbought often goes against our “gut feel”, but overbought conditions reflect strong buying pressure and this is clearly more bullish than…
The Fed’s preferred gauge of inflation was released today and, according to Fed chief Jerome Powell, “it was good,”…
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews what’s shaping up in the broader markets after the…
Today Carl and Erin cover the topic of On-Balance Volume (OBV) as a representation of volume trends. This came…