I’ve written many articles and discussed several times that it’s unwise to buy and hold leveraged ETFs – unless you’re at a major support level or you catch an uptrend. Buying and holding through volatile…
Category:
Stocks
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The Fed hiked by 50 basis points, as the market was expecting. Major U.S. indices turned red on the news with a modest day of losses. DIA closed negative, but stayed above its 50- and…
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You’ve probably heard of the January effect—that is, when small-cap stocks show strong performance during the first trading month of the year. But don’t let it throw you off; it doesn’t necessarily mean you’ll see…
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SPX Monitoring Purposes: Long SPX on 11/10/22 at 3956.27 Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. We have updated the chart and statistics from yesterday. A sign…
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While we follow the Fed announcement tomorrow, we’ll closely watch Grandpa Russell’s (IWM) reaction. As the patriarch in charge of Mish’s Modern Family, Grandpa Russell’s pricing is meticulously monitored daily and weekly. IWM is also…
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In this episode of StockCharts TV’s Sector Spotlight, I present a thorough review of the current state of sector rotation in the US market. Materials and Industrials are showing strong tails on the Relative Rotation Graph,…
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Investors will watch closely tomorrow, as the CPI print is released, and Wednesday, when the Fed announces its latest rate hike. The CPI is likely to be lower, and a half-percentage hike in the Fed…
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Right now, the markets are green across the screen, but on this week’s edition of StockCharts TV‘s Halftime (presented by Chaikin Analytics), Pete urges caution due to the CPI coming out tomorrow. Pete takes a look at…
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We were somewhat surprised today when we reviewed the index ETFs. Two ETFs actually show rising momentum. Don’t get too excited, there are problems on both of their charts. For comparison, SP500 (SPY), Dow (DIA),…
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On this week’s edition of The DecisionPoint Trading Room, Carl answers the question: “How do we find overbought/oversold levels on the PMO?”. Both he and Erin discuss rounded tops found throughout the market. Additionally, they…