Stocks

SPX Monitoring Purposes: Long SPX on 2/6/23 at 4110.98. Monitoring Purposes GOLD:  Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. Yesterday we said, “We posted this chart back in early January. We…

Maybe it’s just Valentine’s Day, so the food and commodities market sees a push to chocolates, flowers, and fine dining. And maybe not. The CPI came out with an unexpected rise…but goods remained softer. Services…

In this episode of StockCharts TV’s Sector Spotlight, for this first week of February, I address high level asset-class rotation, then step into sectors. From the sector level, I use Relative Rotation Graphs, in combination with…

On this week’s edition of The DecisionPoint Trading Room, Carl opens with a discussion of a change that is occurring in the calculation of the CPI from here on out and how it could affect…

All in all, the key sectors (retail, transportation) have more to prove, especially by clearing the 23-month moving average or 2-year business cycle. This is a significant level, as these sectors proved recession was held…

As Pete watches the weekly S&P 500 rallies, he notices they’ve been stalling and somewhat back-filling. The S&P has been moving up, but is definitely testing its resolve around the 4100 level that everyone has…

The bears are getting louder as stocks consolidate recent gains. But the market’s current price consolidation behavior, until proven otherwise, is quite normal, especially after a nearly 20% rally in the S&P 500 (SPX) since the…

I have been preaching Wall Street manipulation for years. And Wall Street took manipulation to a completely new level in 2022, accumulating shares of panicked retail traders after the distribution period from January through May…

Monthly options expiration creates a whole new set of headaches for retail traders. As if trading wasn’t already hard enough, throw in the short-term financial incentive for market makers to “manipulate” prices and cash in…

Stocks went on a tear from late December to early February with the S&P 500 SPDR (SPY) advancing some 11% from low to high. SPY then pulled back last week with a 2.5% decline from…