It was another mildly bullish week as our major indices climbed very close to new, fresh all-time highs. We also saw a return to growth stocks as we approached breakout levels, which is a good signal as far as rally sustainability goes. Despite this, there remain reasons to be cautious and I’ll point out a couple of those reasons below. ...
The Indian equity markets remained under pressure over the past five sessions, witnessing sustained weakness throughout the week. The Nifty50 faced resistance at key levels and struggled to find strong footing as it tested crucial support zones on two separate occasions. Market volatility surged significantly, with India VIX rising by 9.72% to 15.02, signaling heightened uncertainty. The index moved within ...
How can we define the market trend on multiple time frames, so we can better identify trend changes and ensure we are following the drive of market forces? Today I’ll describe my proprietary Market Trend Model to define the short-term, medium-term, and long-term trends, and share what it’s telling us about market conditions in February 2025. Using Moving Averages to ...
The stock market is like a river — constantly changing without knowing what lies ahead. Sometimes it’s calm. Other times it’s choppy. And when the stock market is choppy, it can leave investors in a dilemma, leading them to make irrational investment decisions. The broader stock market indexes have been choppy lately, going up one day and down the next. ...
As part of the DP Alert, we cover Bitcoin and the Dollar every market day. We have been watching some bearish indications on both Bitcoin and the Dollar with the double top chart patterns. On Bitcoin, price has been moving mostly sideways above support at 90,000. This happens to be the confirmation line of the double top formation. The chart ...
The news cycle is in high gear lately, leading to some extra volatility. Traders reacting to the news are getting whipsawed, while chartists remain focused on what really matters. Price. Price isn’t everything, it is the only thing. News, rumors, fundamentals, the Fed, government policy and everything else are reflected in price. And, perhaps more importantly, it is easier to ...
Not everyone likes to take a contrarian stance. Most people prefer to move with the market, not against it. But for those who thrive on going against the grain, extreme market movements — whether a rally or selloff — present opportunities. Wednesday morning was one of those sessions. The Consumer Price Index (CPI) report came in hotter than expected, sending ...
Intel’s stock price has struggled for most of 2024, even as most of its semiconductor cousins were thriving. Why pay attention to Intel Corp. (INTC) now? The stock showed up on my StockCharts Technical Rank (SCTR) scan, which is a good enough reason to analyze the stock. The scan is provided at the end of the article. Vice President JD ...
In this exclusive StockCharts video, Joe shows how the 4-day moving average can be useful especially in volatile markets. He explains the advantages of using it in conjunction with the 18-day MA to prevent buying at the wrong time and highlighting when good opportunities appear. He then goes through the commodity charts and shows the improvement taking place. Finally, Joe ...
While 2024 was defined by the strength of the Magnificent 7 stocks, 2025 has so far been marked by a significant change of character on many of these former high flying growth names. And while most remain in constructive long-term patterns, the short-term changes make me skeptical of further market upside without the support of these mega cap players. Let’s ...