The market is currently topping because the Silver Cross Index (SCI), which expresses intermediate-term participation, is overbought and topping. A Silver Cross is when the 20EMA of a price index crosses up through the 50EMA.…
Category:
Stocks
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We got the little pullback to SPY D21 correct last week, which left us wondering if it was going to be major support, or just minor support before the bigger pullback. In this week’s edition…
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On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson shows you how to optimize your investable universe, shrinking down the list of trading targets or investing candidates to a more manageable group that you can…
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The S&P 500 SPDR (SPY) is a period of big swings and above average volatility. There were six swings of at least 10% from late January to early February 2023. Looking at other 12-14 month…
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Every bull market always has something that is missing. The market starts in a narrow group of industries and broadens out. Since October, the market has been rallying. February has seen a sideways trend develop.…
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Roblox (RBLX) may still be considered by some on Wall Street as a relative “noob,” but the company’s plans and ambitions are catching the attention of investors as its most recent Q4 22 earnings and…
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On this week’s edition of Stock Talk with Joe Rabil, Joe shows how he uses a single MA to help do trend analysis in each timeframe. He explains price structure, then uses the MA to…
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Starting from the top asset class level, GoNoGo Charts help investors understand intermarket. Both $TNX and $USD are gaining strength on a daily basis from amber bars of neutral uncertainty to Go trend conditions. The…
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Wednesday morning brought some love to the US economy. The January retail sales rose 3% month/month vs. +2% estimated. The breakdown fascinates. With food inflation where it is, and egg prices the big headline, the leader…
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The US consumer price index (CPI) came in slightly higher than expected; the market’s been pretty chill about it so far. But will that change? Inflation may be eating into your bank account, but you…