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…
Category:
Stocks
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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…
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There are loud voices on Wall Street who continue to talk about bear markets. In my opinion, that’s a good thing. That’s because bull markets climb walls of worry. And the higher this rally goes, the more…
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I’m a follower and believer of history when it comes to the stock market. After years of research, I understand that some aspects of U.S. equity performance are rather transparent and resulting technical signals generally…
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Are the major stock indexes under Accumulation? If so, we Wyckoffians would expect an important Markup (uptrend) to follow. Accumulation is the process of large interests (known as Composite Operators) stealthily Absorbing shares of stocks…
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Last week, I wrote about how the Price Oscillator for gold futures had gotten up to a really high level and turned down, which was a bearish signal. It has taken a while for that signal…