In this video, Mary Ellen analyzes the divergence between the S&P 500 and the Nasdaq while highlighting some of the areas driving Growth stocks. She also talks about the continuation rally in Energy and Utility stocks and shares which stocks are driving these areas higher. This video originally premiered January 3, 2025. You can watch it on our dedicated page for Mary ...
We monitor the weekly SPY chart and present it to our subscribers every Friday in our DP Weekly Wrap. We have been watching a bearish rising wedge on the weekly chart. The rising wedge pattern implies that you will get a breakdown from the rising bottoms trendline. That is exactly what happened this week. The one problem with these patterns ...
Obviously, there will be many ups and downs in 2025 and no one chart or indicator can be relied upon 100% to help guide us throughout the year. But some key and very influential areas of the market do meet crossroads from time to time and it seems like one very important industry group is “on the clock” and should ...
As digital payments and fintech services continue to reshape the global economy, Block, Inc. (SQ) stands out as a potential beneficiary of this shift. A favorable technical signal and an attractive fundamental backdrop present a compelling bullish thesis for SQ. In this article, we will explore the reasons behind this positive outlook and discuss a strategy you can use to ...
HAPPY NEW YEAR!!! Ever since the introduction of RRG back in 2011 many people have asked me questions like: “What is the track record for RRG” or “What are the trading rules for RRG”? My answers have always been, and will continue to be, “There is no track record for RRG as there is not one set of rules”. Relative ...
A little less than a week ago, I wrote an article about inflation and how it’s nothing more than a pipe dream in Fed Chief Jay Powell’s head. Let me expand on that article, maybe from a slightly different approach this time. The inflation rhetoric just won’t let up. Apparently, it makes no difference that the annual rate of core ...
In this exclusive StockCharts video, Joe shares a specific ADX pattern that’s signaling potential exhaustion in the momentum right now. Joe analyzes three other market periods that displayed this pattern and the resulting correction which followed. He then discusses some of the most attractive looking cryptos, as well as QQQ and IWM. Finally, he goes through the symbol requests that ...
The Santa Claus Rally may be iffy, but a 23.31% gain in the S&P 500 ($SPX) for the year isn’t too shabby. It was a stellar year in the stock market, especially for the top 10 weighted stocks in the S&P 500, and that’s worth making a toast as we close out 2024. In terms of the performance of S&P ...
It’s an interesting market day with the market moving lower despite positive seasonality. Natural Gas (UNG) broke out in a big way up over 15% at the time of writing. Is it ready to continue its big run higher? Carl took the day off so Erin gave us the review of the signal tables and market charts. She then gave ...
There are a number of effective swing trading systems being used today. Let’s explore one that is popular among Wyckoffians. It uses two inputs: Point and Figure charts and volume. Let’s review this system with a case study of Charles Schwab Corp. (SCHW). As markets are fractal, Accumulation and Distribution structures form in daily, weekly and monthly timeframes. Swing trading ...