Photo by Stas Knop Disney reported Q1 FY23 earnings on Wednesday, February 8, 2023, after the close. The company beat earnings per share and revenue estimates, and total Disney+ subscriptions were higher than expected. Successive…
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Stocks
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If you want to be a trader, you only need to do two things: seek out trends and figure out how to get aboard them-nothing more, nothing less. You cannot “confuse the issue with facts”…
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This week, we have featured the 23-month moving average, or 2-year business cycle, and its significance to the indices. In particular, when speaking about the S&P 500, we wrote: There was a bullish run in…
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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. The bottom window is the 10-day average of the TRIN. A 10-day…
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Some of you might have already heard us speak about the monthly moving averages or have read our commentary about their significance. On Monday, we asked, “What if the trading range top at 4200 we…
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Shutterstock (SSTK), the American creative content solutions firm, has been riding a doozy of a downtrend from October 2021 to the end of 2022. Aside from the bear mauling, SSTK’s fundamentals weren’t entirely disappointing. There…
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In this episode of StockCharts TV’s Sector Spotlight, for this first week of February, I cover both the seasonality and the monthly charts. We have an interesting alignment of seasonal expectation and current sector rotation floating…
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On this week’s edition of The DecisionPoint Trading Room, Carl looks at the Big 10 capitalized stocks and determines whether a bull market right now will have legs. Do we use common sense or technicals…
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What if the trading range top at 4200 we have been calling for in the S&P 500 turns out to be… the top? Certainly, we can make a case for it given higher yields, strong…
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SNAP’s got a new game plan up its sleeve and, depending on how well it fits, it may make or break the stock. After flat or disappointing earnings reports for most of 2022, mainly due…