ChartWatchers

January 2013

ChartWatchers

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January's Technical Market Review - Looking Bullish So Far

by Chip Anderson

Hello Fellow ChartWatchers! So far, 2013 is proving to be very interesting with bullishness dominating the stock market so far. Since the start of the year, most of the major US market averages are up over 4% with the Russell 2000 (+5.12%) leading the way... Read More 

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GOLD BULLISH PERCENT INDEX STILL IN DOWNTREND

by John Murphy

Whenever we look at gold, it's a good idea to check on the trend of gold miners. The orange bars in Chart 1 show the Market Vectors Gold Miners ETF (GDX) still in a downtrend, but trying to stabilize... Read More 

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Currency Wars!

by Greg Schnell

Back in November I blogged about the currencies and the events around them. Recently in Early January, 4 of the currencies in the Dollar Index were testing the trend line for the dollar cross... Read More 

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The Best Sector for 2013

by Tom Bowley

Technicals do change and I reserve the right to change my opinion as price action evolves, but the energy sector looks like THE ONE for 2013. I remain bullish the stock market overall so I expect most sectors will perform well in 2013... Read More 

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A Close-Up on AAPL

by Richard Rhodes

Next week, the markets will be focused upon the incoming earnings reports; and in particular - Apple's (APPL) earnings after Wednesday's close... Read More 

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Equal-Weighted Beating Cap-Weighted Again

by Carl Swenlin

I have long been a cheerleader for equal-weighted indexes versus cap-weighted ones, and now seems like a good time to demonstrate why. In a cap-weighted index stocks influence the price of the index based upon their market capitalization (price time number of shares)... Read More 

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It's Big Wedge Versus Little Wedge for XLK

by Arthur Hill

The Technology SPDR (XLK) has been lagging the broader market for some time now, but the trend since mid November remains up and a bullish continuation pattern is taking shape this month. Weighed down by its top components, XLK has been lagging the S&P 500 ETF since September... Read More 

ChartWatchers

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GOLD - BOTTOM FISHING OR LOST WRECKAGE

by Greg Schnell

Gold has become pretty unloved. That in itself is usually bullish. This week we look at why it might be time to renew your interest in Gold and the miners. First of all, Lets look at the Gold Miners. Here is a link to the live chart. Gold Miners Index. Lets start at the $BPGDM... Read More 

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NEW FREE EDUCATIONAL VIDEO SERIES AT STOCKCHARTS

by Chip Anderson

Hello Fellow ChartWatchers! Happy 2013! I'd thought we'd start the year off with a bang by announcing a major new section of our website - the StockCharts Videos Archive... Read More 

ChartWatchers

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RECORD HIGH BY SMALL CAP STOCKS IS A POSITIVE SIGN FOR THE MARKET

by John Murphy

One of the most impressive technical developments of Wednesday's stock surge was the ability of the Russell 2000 Small Cap Index (RUT) to reach a record high. [The S&P 500 Midcap Index did the same]... Read More 

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THE LOW IS AHEAD

by Richard Rhodes

January 2013 has rolled in, with the "fiscal cliff" solved for the moment; and now there are concerns "QE-4" will end sooner rather than later...and perhaps below 2013 ends... Read More 

ChartWatchers

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FOUR-YEAR CYCLE LOW WILL BE LATE

by Carl Swenlin

Calculating from the Four-Year Cycle low in 2009, the next cycle low is due in two months, but unless there is a major crash, that projection will not be realized... Read More 

ChartWatchers

GAUGING THE JANUARY EFFECT

by Tom Bowley

Happy New Year!!! Here's to good health and good fortune in 2013! Now is the time when market pundits give their predictions for the stock market for the upcoming year... Read More 

ChartWatchers

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Gold Miners ETF Tests Support near Fibonacci Cluster

by Arthur Hill

It was a volatile week for gold and gold miners, but the Gold Miners ETF (GDX) remains at an interesting juncture that warrants attention. After surging above 47 to start the New Year, the Fed minutes on Wednesday put some doubts on the future of quantitative easing... Read More