ChartWatchers July 31, 2015 at 07:45 PM
With the new Intermediate-Term Trend Model (ITTM) BUY signal on TLT and the breakout for the second time above the March low, I decided it was definitely time to abort the bearish Adam and Eve double-top pattern that I have been watching in earnest... Read More
ChartWatchers July 18, 2015 at 11:44 PM
Google broke out to new all time highs this morning after announcing earnings yesterday. The real problem for investors is after a huge move, what should investors do? I want to look at previous examples and end the article with the Google chart. Let's look at Netflix (NFLX)... Read More
ChartWatchers July 18, 2015 at 10:21 PM
(Note: This article was originally published Thursday afternoon.) The Internet group has been leading the technology sector higher this week. The standout performer in that group is Google... Read More
ChartWatchers July 18, 2015 at 08:16 PM
Hello Fellow ChartWatchers! The stock market moved higher this week on good earnings news - but it is too early to conclude that the Bull are firmly back in charge. Why? One word - breadth. Breadth and momentum. OK, sorry, two, two words - breadth, momentum and seasonality... Read More
ChartWatchers July 18, 2015 at 11:59 AM
As traders, all of us hope that each new position we take on becomes a winner. Realistically, we all know that some trades will turn out to be losers... Read More
ChartWatchers July 18, 2015 at 09:26 AM
There's a reason we watch chart patterns. Earlier this week in a DITC blog article, the internet index ($DJUSNS) finally cleared 900 resistance after failing at that level on a few occasions the past 18 months. This latest attempt was different, however... Read More
ChartWatchers July 17, 2015 at 05:14 PM
If you've ever practiced archery, you know that your ultimate objective is to put the arrow in the bulls-eye, but just putting it on the target still feels pretty good. While we aim at perfection, we'll happily settle for competence... Read More
ChartWatchers July 04, 2015 at 12:45 PM
The news from the Shanghai market has been expected for while. Parabolic rises seldom descend in a controlled manner. Lately, this dominates the Asian news feeds about markets. However, some of their neighbours are doing quite well... Read More
ChartWatchers July 03, 2015 at 03:43 PM
The mixed performance of ten key industry group ETFs reflects the flat performance in the S&P 500 since early May. Note that the S&P 500 is virtually unchanged since April 30. As the PerfChart below shows, six of the industry group ETFs are up and four are down... Read More
ChartWatchers July 03, 2015 at 11:36 AM
Utility stocks benefited as much as any sector during the unprecedented drop in treasury yields. Those who seek income were forced out of treasuries the past several years because of historically low treasury yields and they found a home in utilities... Read More
