In this edition of StockCharts TV‘s The Final Bar, legendary trader and author Larry Williams joins Dave in the StockCharts TV studio. Larry shares his latest thoughts on Dow 40K, the resilient rise of gold and precious metals, cycle analysis on the S&P 500 and crude oil, and lessons learned in over 60 years as a trader. Dave highlights bearish momentum divergences ...
Today the Biotechnology ETF (IBB) 20-day EMA crossed up through the 50-day EMA (Silver Cross), generating an IT Trend Model BUY Signal. If we look “under the hood” we can see that participation continues to expand. The Silver Cross Index tells us how many stocks within this group have a 20-day EMA above the 50-day EMA or a Silver Cross. ...
Note to the reader: This is the twenty-first in a series of articles I’m publishing here taken from my book, “Investing with the Trend.” Hopefully, you will find this content useful. Market myths are generally perpetuated by repetition, misleading symbolic connections, and the complete ignorance of facts. The world of finance is full of such tendencies, and here, you’ll see ...
The bull market hasn’t gone anywhere. Despite of worrying about the possibility of a correction and a long wait for movement in either direction, the stock market has finally showed its prowess. The Dow Jones Industrial Average ($INDU) is within reach of 40K, the S&P 500 ($SPX) could reach 5,500, and the Nasdaq Composite ($COMPQ) could hit 20K. It may ...
On this week’s edition of Stock Talk with Joe Rabil, Joe explains how to use one SMA to pinpoint great entries in pullback plays, demonstrating how it can develop in slightly different ways. He shows 3 different types of setups in the price action and its relationship to the MA line. Joe then covers the stock requests that came through ...
In this exclusive interview, StockCharts’ David Keller, CMT, sits down with Jessica Inskip, Director of Education and Product at OptionsPlay. Jessica shares an informative overview of the Cash-Secured Put Strategy, and explains how it can be used to maximize yield while reducing risk within your portfolio. Using the new options chain tools on StockCharts.com, Jessica then demonstrates how to easily ...
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Mish Schneider of MarketGauge. Mish breaks down one materials name that could benefit from recently announced China tariffs, and describes how regional banks could benefit from Fed actions in 2024. David charts the S&P 500’s retest of all-time highs around 5250, and also breaks down key technical levels for HD, AAPL, ...
Once a darling of the tech industry, Salesforce (CRM) had fallen out of favor until recently, when it hit a new all-time high earlier this year. Since then, though, investors have continued to shy away from this cloud computing stock as they focus on more pure AI-related companies, and Salesforce is at risk of turning lower again. As CRM matures ...
It’s CPI and PPI week, and traders seem to be waiting for the data before making investment decisions. While that’s happening, surprising action is brewing in meme stocks. Are traders getting tired of this indecisive stock market? It’s an important week in the stock market. Yet, the trading frenzy that surfaced during the pandemic seems to be coming back, at ...
In this edition of StockCharts TV‘s The Final Bar, Dave uncovers strength in SQSP using the Stochastics Oscillator and the StochRSI indicator. He shares his favorite chart for analyzing relative strength ratios for leading stocks, and also answers viewer questions on price patterns for XLB and PYPL, plus best practices for monthly price charts. This video originally premiered on May 13, 2024. ...