SPX Monitoring Purposes: Long SPX 9/28/23 at 4299.70. Gain since 12/20/22: 15.93%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Above is the monthly SPX. The pattern that appears to be forming is a head-and-shoulders…
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Stocks
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In this edition of StockCharts TV‘s The Final Bar, guest Jeff Huge, CMT of JWH Investment Partners updates his Elliott Wave count for the S&P 500 and shares what the MOVE index can tell us about further…
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We began the year examining the 23-month moving averages in all the indices and major market sectors. It was pretty simple, really: buy anything that cleared the blue line (2-year business cycle), which we explained…
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The pockets of strength are shrinking as more stocks succumb to selling pressure. The Nasdaq 100 is the strongest of the major indexes, while the Finance sector is one of the weakest sectors. Today’s report…
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We are already in October …. How did that happen? Also, I am writing this article while sitting in a Starbucks in Jakarta, Indonesia. The combination of the hotel, the Starbucks, the internet, and me…
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If you are finding yourself fluctuating between bullishness and bearishness, then congratulations! Hopefully, that also means you are waiting for certain signals to help you commit to one way or another. Here are the signals…
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In this edition of StockCharts TV‘s The Final Bar, Dave shows how market breadth conditions have continued to deteriorate to the point where signs of a bottom may emerge. He answers viewer questions on historical Fed cycles,…
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In this week’s edition of The DecisionPoint Trading Room, Carl, after a walkthrough of the Magnificent 7+ stocks, examines how, while it was clear that there’s some strength to be had in the Nasdaq, one…
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Although the market stayed flat on a week-on-week basis, the past five trading sessions showed all possibilities of the market continuing with its corrective retracement. In the previous technical note, it was categorically mentioned that…
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During a New York speech, Fed Chairman Alan Greenspan, aka “The Maestro,” uttered the phrase: “Irrational Exuberance.” He was referring to the bullish action in the stock market at the time, which, in his mind,…