Here’s What You Need To Know About Last Week’s Rebound
The Volatility Index ($VIX) is one of my key sentiment indicators and it has a history of accurately predicting corrections and bear markets. We’ve had neither without the VIX first clearing an important hurdle in the 17-20 range.
S&P 500 Makes a New All-Time High By End of June?
We’ve been covering the signs of weakness for stocks, from the bearish divergences in March, to the mega-cap growth stocks breaking through their 50-day moving averages, to even the dramatic increase in volatility often associated with major market tops. While Q1
META’s Reverse Island – Two More Mag Seven Islands to Monitor
Whenever we see price gapping up or down, as happened with META in February, we prepare for the possibility of an island reversal. After the gap up, price forms a cluster, the island, and we ponder the possibility of a
Analyzing Alphabet’s Surge — Here’s How to Get In Earlier Next Time
Using technical indicators to identify stocks fundamentally undervalued but technically strengthening is a common practice. But, using indicators to find fundamentally strong stocks that happen to be technically undervalued (or contested) is probably less common, especially if you lean toward
S&P 500 & Nasdaq Composite Approach Critical Resistance; Watch for These Important Levels!
A tug-of-war with no clear winner—that’s what the stock market seemed to be playing this week. With a Fed meeting, key economic data, and more earnings on top, will a winner emerge next week? It was an interesting week in the
Spotting Downturns Early: Daily or Weekly Charts?
In this edition of StockCharts TV‘s The Final Bar, Dave answers viewer questions on spotting downturns in daily vs. weekly charts, using the Relative Rotation Graphs (RRG) to identify actionable ideas, and comparing the NYSE Composite Index ($NYA) to the S&P 500
MEM TV: Wait For This Before Getting Back In
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews the key drivers for this week’s volatile period, including Core PCE and GDP numbers. She takes a look at where the S&P 500 and NASDAQ closed for the week and
DEFENSE IS ON THE FIELD | GONOGO SHOW APRIL 26, 2024
The S&P500 trend conditions have continued this week in “NoGo” conditions despite relief rallies. Alex Cole and Tyler Wood, CMT identify intermarket forces including rising rates ($TNX) and a strong US Dollar (UUP) that can provide headwinds to risk assets.
Rules-Based Money Management – Part 2: Measuring the Market
Note to the reader: This is the eighteenth in .
Analyzing the SPY: How to Know When the Pullback is Over
Last week, investors were spooked by geopolitical tensions and expectations of interest rates remaining higher for longer. The fear sent investors selling equities, resulting in the broader indexes breaking below their upward trendlines. This week, the market looked like it