ChartWatchers August 19, 2006 at 10:05 PM
The Russell 2000 has been lagging the S&P 500 and Nasdaq 100 over the last few months. Even with the big bounce off support this past week, the Russell 2000 remains below its August high... Read More
ChartWatchers August 19, 2006 at 10:04 PM
The Nasdaq 100 Index has declined farther than the broader indexes, and it has been slower in turning around; however, this week the index has turned the corner, and appears ready for a continued advance. The only problem is that it has become short-term overbought... Read More
ChartWatchers August 19, 2006 at 10:03 PM
Our recent comments stating we believe a bear market in technology stocks via the NASDAQ 100 has begun remains valid; however, our technical bearish must be tempered somewhat by last week's sharp rally... Read More
ChartWatchers August 19, 2006 at 10:02 PM
AUTO-REFRESHING CHARTS - We're continuing to monitor and tune the performance of our new Auto-Refreshing charts feature and so far things are going very, very well. We've heard feedback from tons of people saying that they really love this new capability... Read More
ChartWatchers August 19, 2006 at 10:01 PM
I wrote yesterday about recent selling in commmodity pits pushing the Reuters/Jefferies CRB Index into a test of its 200-day average. Today's five point drop has pushed it below that long-term support line in pretty decisive fashion (see red arrow)... Read More
ChartWatchers August 19, 2006 at 10:00 PM
Hello Fellow ChartWatchers! There hasn't been much talk about it in the press but the Dow Industrials has continued its slow rise to new heights... Read More
ChartWatchers August 05, 2006 at 10:04 PM
On the weekly QQQQ chart, it is clear that the stock remains in a falling price channel and has yet to break key resistance at 38. There are two falling price channels on the chart (magenta trendlines) and lessons from the first can be applied to now to identify a trend reversal... Read More
ChartWatchers August 05, 2006 at 10:03 PM
The decline from the May top, and the subsequent sideways chopping have been hard on investors' nerves as they try to decide how things will eventually resolve; however, even though the rising trend line has been challenged twice in the last few months, the technical picture has ... Read More
ChartWatchers August 05, 2006 at 10:02 PM
See Chip's article at the top of this newsletter for more details... Read More
ChartWatchers August 05, 2006 at 10:01 PM
The U.S. economy added fewer jobs than expected during July and the unemployment report rose for the first time in five months to 4.8% from 4.6%. The weak job report is the latest in a string of signs that the economy is weakening... Read More
ChartWatchers August 05, 2006 at 10:00 PM
Hello Fellow ChartWatchers! This week we are pleased to announce a brand new feature for StockCharts.com users - Automatically Updating Charts! Starting Monday when the market opens, members of our "Extra" service will have a new way to watch the market... Read More
