Good morning and welcome to this week’s Flight Path. Equities continue their path out of the “NoGo” correction. This week we saw amber “Go Fish” bars over the second half of the week. GoNoGo Trend shows that…
Category:
Stocks
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The Silver Cross Index measures the number of stocks that have a 20-day EMA above the 50-day EMA, or they are on a “Silver Cross” IT Trend Model BUY Signal. This gives us a more…
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Wall Street rallied Thursday morning as July retail sales jumped 1%—triple what experts expected. Meanwhile, jobless claims dropped, and investors are still riding high on those cooler-than-expected inflation reports (CPI and PPI). Anticipating a possible…
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When the general market is recovering from a pullback, there can be great opportunities to buy on the dip. But how do you identify which stocks to buy? In making this critical judgment, the StockCharts…
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In this edition of StockCharts TV‘s The Final Bar, Dave recaps another strong up day for growth leadership names, with ULTA and NVDA powering higher after retail sales numbers pushed aside inflation fears. He notes the cautious…
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Stronger than Expected The recent rally out of the August 5th low is definitely stronger than I had anticipated. I was watching the resistance zone between 5350 and 5400, but that area was passed as…
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Cooling July inflation data may have been what the doctor ordered to perk up investor sentiment; the recession fears at the top of investors’ minds early last week are a distant memory, or maybe even…
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In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the financial sector with a focus on insurance stocks, and describes how…
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In this exclusive StockCharts TV video, Joe shows the four stages a stock or market can be in at any time. He explains each stage and how ADX & Volatility can help define each stage.…
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In this edition of StockCharts TV‘s The Final Bar, Dave recaps an epic rally in mega cap growth stocks, with NVDA up over 6% and META threatening a new 52-week high. Dave highlights how gold and bond…