ChartWatchers

August 2014

ChartWatchers

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Europe is Helping Drive the Treasury Yields Lower

by John Murphy

The yield on the 10-Year Treasury Note fell to 2.34% this week which is the lowest level in fourteen months. Heavy buying of Treasury bonds in an apparent flight to safety was a big reason for the yield plunge... Read More 

ChartWatchers

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The Banks (KBE) and (KRE)- Riverside Trade Or Cliffside Trade?

by Greg Schnell

The SPDR Regional Bank Tracking ETF (KRE) is at a significant tradable decision point. So is the SPDR Bank ETF (KBE). While banks are not associated with the growth part of the market, they usually smell trouble before most of the other industry groups... Read More 

ChartWatchers

Things Overheard at ChartCon 2014

by Chip Anderson

Hello Fellow ChartWatchers! First off, thanks again to everyone that attended ChartCon 2014 last weekend in Seattle. From my perspective the conference was a huge success with lots of great speakers, great presentations, great discussions, great food, and great weather... Read More 

ChartWatchers

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What to Watch on the Gold Breakout

by Arthur Hill

Gold broke out with a surge in early August, but stalled the last eight days and failed to follow through. Despite lack of follow through, the breakout is holding and has yet to be proven other wise. Let's see what it would take to prove this bullish signal wrong... Read More 

ChartWatchers

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Getting a Quick Daily Market Overview

by Carl Swenlin

After Erin's presentation at ChartCon 2014 many attendees responded positively to learning about the DP Daily Update, which is located in the DP Reports Blog (available to StockCharts EXTRA and above subscribers)... Read More 

ChartWatchers

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Price Support Holds After Momentum Slows

by Tom Bowley

The NASDAQ has been powering forward off the mid-April lows and one big reason has been the semiconductor industry. The Philadelphia Semiconductor index ($SOX) rose 15% in just a seven week period from May 15th through July 3rd... Read More 

ChartWatchers

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ChartCon 2014 Starts on Friday!

by Chip Anderson

Hello Fellow ChartWatchers! ChartCon week is finally here! Here's a visual representation of what that means for me currently: That's a picture of me currently - overworked and overwhelmed and without any of my hair! I'll be honest - pulling together all of the loose ends that go... Read More 

ChartWatchers

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VIX Jumps to Four-Month High

by John Murphy

As usually happens when stocks weaken, the CBOE Volatility (VIX) Index jumped sharply this week to the highest level since April. The VIX (also called the "fear gauge") has climbed 47% since the start of July... Read More 

ChartWatchers

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Homebuilders Lead Bear Attack on S&P 500

by Tom Bowley

Warning signs have piled up for months, but there have been few breakdowns to confirm all of these bearish signals. That changed last week as volume surged leading to breakdowns across many of our major indices, sectors and industry groups... Read More 

ChartWatchers

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Indicators Oversold and Reaching Extremes

by Erin Swenlin

We've been watching our DecisionPoint indicators very closely over the past week as they have moved into neutral and now oversold territory. All three time frames are technically bearish as the indicators continue to fall without bottoming... Read More 

ChartWatchers

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Nasdaq 100 and S&P 500 AD Lines Trigger Signals

by Arthur Hill

While the S&P 500 and Nasdaq 100 moved to new highs in late July, their respective AD Lines did not follow suit and formed small bearish divergences... Read More 

ChartWatchers

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Is Grease A Commodity? The $CRB Starts To Slide

by Greg Schnell

The Commodity Research Bureau Index ($CRB) has had a very volatile year. Just when the trend looked to be accelerating, it rolled over. Lately, the US Dollar ($USD) started to accelerate on July 1 as pointed to by the long green arrow... Read More