Oversold Conditions Not Always a Friend
Nearly all of our charts currently show deeply oversold conditions. While this is usually a good thing, in a market downturn, it isn’t necessarily your friend. As you can guess,…
Three Big Negatives Overshadow the Uptrends in SPY and QQQ
SPY and QQQ remain in long-term uptrends, but three big negatives are currently hanging over the stock market. Two negatives are tied to important cyclical groups and the third is…
Stock Market Sell Off: Is the Bull Market Over?
Uncertainty in the stock market makes it difficult to make investment decisions. When investors sell off stocks, everyone follows without giving it much thought and you’re left trying to figure…
Navigating the Indecisive SPY: What Investors Should Know
When running my StockCharts Technical Rank (SCTR) scan on Thursday, I was a little surprised to find that 75 exchange-traded funds (ETFs) and large-cap stocks made the cut, especially after…
Three RRGs to Keep You on Track
The Yield Curve The RRG above shows the rotations of the various maturities on the US-Yield Curve. What we see at the moment is that the shorter maturities like BIL,…
The Big Divergence in Bullish Percents
While the S&P 500 and Nasdaq 100 have been holding steady into this week’s Fed meeting, warning signs under the hood have suggested one of two things is likely to…
Communications Trying to Prop Up Equity “Go” Trend
Good morning and welcome to this week’s Flight Path. The “Go” trend in equities continued again this past week but we saw some weakness as GoNoGo trend painted a few…
DP Trading Room: Is Broadcom (AVGO) the New NVIDA (NVDA)?
Today Erin looks at the Broadcom (AVGO) chart and compares it to the NVIDIA (NVDA) chart. She shows us the differences between the two and tells you whether she believes…
Week Ahead: NIFTY Halts At Crucial Levels; Staying Above This Point Necessary To Extend The Move
The markets had a wide-ranging week once again; however, they ended near its high point this time. The Nifty had ranged sessions for four out of five days; the last…
How to Buy WINNERS When They Pull Back!
In this video, Mary Ellen highlights how select M7 stocks, mostly TSLA, propped the markets up while some sectors continued to trend lower. She reviews how to find entry points…