ChartWatchers

January 2010

ChartWatchers

Blog Article Title Image

IT ALL COMES DOWN TO DEFENSE

by Tom Bowley

Ask any NFL coach and he'll tell you unequivocably that defense wins championships. If you're looking for market-beating returns, then you'd better improve your defense first, then your offense... Read More 

ChartWatchers

Blog Article Title Image

$USD INDICATING A CHANGE?

by Richard Rhodes

The past week was punctuated with sharp stock market weakness, with many pundits believing that it is transitory and doesn't have the makings of a larger top... Read More 

ChartWatchers

ON HIATUS THIS WEEK

by John Murphy

John Murphy is on hiatus this week... Read More 

ChartWatchers

Blog Article Title Image

FINALLY A BREAKDOWN

by Carl Swenlin

The S&P 500 has finally decisively broken down through the support formed by the rising trend line that marks the bottom of the ascending wedge formation. This was the technical expectation, but the market sure did fight it... Read More 

ChartWatchers

Blog Article Title Image

STOCKCHARTS IS GOING TO "BATS" FOR YOU

by Chip Anderson

Hello Fellow ChartWatchers! I am thrilled to officially announce that StockCharts... Read More 

ChartWatchers

Blog Article Title Image

OFFENSIVE SECTORS TAKE A HIT

by Arthur Hill

Offensive sectors took a hard hit in January. Offensive sectors include technology, consumer discretionary, industrials and finance. I call them the offensive sectors because their participation is key to a bull market. Technology represents growth and the appetite for risk... Read More 

ChartWatchers

Blog Article Title Image

FINANCIALS CONTINUE TO SURGE

by John Murphy

On Tuesday, I showed the financial sector in the process of turning from a market laggard into a market leader. Chart 1 shows that new financial leadership continuing. The Financials SPDR (XLF) has now exceeded its mid-November peak at 15... Read More 

ChartWatchers

Blog Article Title Image

RELATIVE STRENGTH RETURNING TO FINANCIALS

by Tom Bowley

Happy New Year!!!! It's been awhile since I've spoken about the financials in a positive light. As sector rotation continues though, it appears as if the financials may get their turn after all... Read More 

ChartWatchers

Blog Article Title Image

ROTATION THE THEME OF 2010

by Richard Rhodes

Rotation, rotation and more rotation. This is what 2010 will be about, with the first week of trading a very good example of what to expect... Read More 

ChartWatchers

Blog Article Title Image

STILL NO DECISIVE MOVE

by Carl Swenlin

One would think, after a three-week hiatus, that there would be plenty to write about the market. But there isn't. The S&P 500 has drifted higher in an ever-narrowing ascending wedge pattern, making little progress... Read More 

ChartWatchers

Blog Article Title Image

New highs expand in December-January

by Arthur Hill

With the advance over the last 3-4 weeks, Net New Highs expanded to their highest levels since October. Net New Highs equals new 52-week highs less new 52-week lows. The bulls have a clear edge when Net New Highs are positive and rising... Read More 

ChartWatchers

Blog Article Title Image

TECHNICAL ANALYSIS 101 - PART 16

by Chip Anderson

This is the next part of a series of articles about Technical Analysis from a new course we're developing. If you are new to charting, these articles will give you the "big picture" behind the charts on our site... Read More