The Biotech industry group is making a comeback and the ‘under the hood’ chart displays new strength coming into the group. We have a constructive bottom that price is breaking from and while it does need to overcome resistance at the 200-day EMA, it looks encouraging. What impressed was the increase in participation of stocks above key moving averages which ...
Despite periodic rallies that have buoyed the home improvement retail sector, Lowe’s (LOW) is showing signs of potential weakness. Recent price action in Lowe’s stock and lagging growth metrics suggest that its latest attempt to sustain a breakout may run out of steam. Below, we’ll explore the technical and fundamental factors behind this bearish thesis and outline a limited-risk options ...
Remember that old commercial, “It’s not nice to fool Mother Nature?” Well, there should be another one pertaining to the stock market, “Don’t bet against a secular bull market advance!” We’re all trained, or brainwashed, if you will, to believe that the next major stock market top is at hand or just around the corner. It completely immobilizes us when ...
In the last quarter of 2024, semiconductors have been walking a tightrope between tariff fears and supply chain uncertainties. Geopolitical tensions between the US and China cast a long shadow over the industry, holding our proxy, VanEck Vectors Semiconductor ETF (SMH), in a consolidated range from October 2024 through January. However, with new policies and developments in Washington, the narrative ...
I have been traveling in the US since 1/15 and attended the CMTA Mid-Winter retreat in Tampa, FL 1/16-1/17 and then moved to Redmond, WA to work from the Stockcharts.com office this week. Unfortunately, the 40-degree (F) temp drop between Tampa and Seattle left me with a cold and a soar throat so I am skipping this week’s video. On ...
As the S&P 500 and Nasdaq 100 once again test new all-time highs this week, I’m struck by how leadership trends have shifted around quite a bit since mid-December. Part of my daily chart process involves a series of ratios to better evaluate and understand which stocks are leading, which stocks are lagging, and from where the next big leadership ...
In this exclusive StockCharts video, Joe demonstrates how to use the 1-2-3 reversal pattern as a buy signal on the weekly chart. This approach can be used when the monthly chart is in a strong position. Joe shares how to use MACD and ADX to help when the trendline pattern isn’t clear, then shows the commodity charts and the shifts ...
When you think of Cisco Systems, Inc. (CSCO), you associate the company with hardware — networking, routers, and security. However, its investment in artificial intelligence (AI) makes it a stock worth monitoring. President Donald Trump’s announcement of the Stargate project — up to $500 billion investment to build cutting-edge AI infrastructure — is helping companies with a significant investment in ...
In this video, Dave shares five charts from his ChartList of market ratios that investors can use to track changing market conditions through 2025. If you want to better track shifts in market leadership, identify where funds are flowing, and stay on top of evolving market trends, make sure to include this ChartList in your weekly market analysis routine! This ...
Our strategy at EarningsBeats.com just simply makes good common sense. If you want to find the best earnings reports BEFORE they’re reported, follow relative strength. I’ve explained this many times, but let me do it again. Wall Street firms talk to management of companies throughout the quarter until four weeks before the company’s quarter ends and the extended period leading ...