The Dow Jones Industrial Average ($INDU) may not be the comprehensive measure of the US economy it once was in the early 20th century. However, if you’re holding (or looking to hold) a position in a Dow-tracked index fund to diversify into blue chip stocks, it still helps to see…
Note to the reader: This is the twenty-fifth and final in .
While the S&P 500 continues to move higher, the number of stocks participating to the upside continues to decline. In other words, market breadth is deteriorating. However, it has been doing that for quite some time already, and, as we all know, we should not swim against the tide. Nevertheless,…
Today on Fox Business Varney & Company, David Bahnsen (The Bahnsen Group) was asked if the current market reminded him of the Dot.com Bubble. He said it did, but not the part about all those worthless dot.com companies that went bust. Big companies like Cisco, Microsoft, and Intel also had…
In this edition of StockCharts TV‘s The Final Bar, Dave breaks down an upside follow-through day for the S&P 500 and Nasdaq, and highlights the continued weakness in market breadth indicators. Dave identifies key levels to watch for GLD, FSLR, ENPH, TSLA, AVGO, and BIO. Focusing in on TSLA, Dave points out…
In this video from StockCharts TV, Julius shares a rare RRG rotational pattern that he’s never seen before! He then follows up with a breakdown of the current sector rotation into offensive, defensive, and sensitive, and finds that only one sector is on a positive relative trajectory… which one would…
We’re heading deeper into the summer months, which usually means higher demand for energy products, namely crude oil and gas. While demand tends to be seasonal, the entire crude complex is also sensitive to changes in macroeconomic and geopolitical environments. In short, all traders and investors understand that it’s not…
In this edition of StockCharts TV‘s The Final Bar, Dave celebrates Nvidia’s rise to overtake Microsoft (MSFT) as the largest company by market cap, creating chaos in the Technology Sector ETF (XLK) with implications for Apple (AAPL). He points out that 10% of the S&P 500 members made new 52-week highs today,…
Good morning and welcome to this week’s Flight Path. Equities remained very strong this week as we saw a continued string of bright blue bars and a new price high. Treasury bond prices saw a surge in strength in the second half of the week as we see a return to…
Carl and Erin return to the trading room showing you the charts you need to see to start your week! Carl covered the market trends and condition to start the program. He also covers Bitcoin, Dollar, Gold, Silver, Gold Miners, Bonds, Yields and Crude Oil. Carl also gave us a…