QQQ remains well above the rising 200-day SMA, but clearly shifted from bullish to bearish over the last two months. Today’s report/video will show this momentum shift and analyze the short-term continuation pattern taking shape.…
Category:
Stocks
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Yesterday, we covered the 80-month moving average in small caps and retail. Today, I did several interviews — some already out (BNN Bloomberg), others out soon (Financial Sense with Jim Pupluva), and the one that…
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In this edition of StockCharts TV‘s The Final Bar, Dave digs out his market correction playbook and shares what market breadth indicators tend to do leading into and out of market bottoms. He also reveals the charts…
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In this week’s edition of Trading Simplified, Dave shows his methodology in action by discussing his current portfolio and how he is seeing each position to its fruition. He then resumes his series on Jesse Livermore.…
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The stock market plunged on Tuesday, with the Dow Jones Industrial Average ($INDU), S&P 500 ($SPX), and Nasdaq Composite falling over 1% at the close. There are few different possible reasons for this. One could…
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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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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…