Don't Ignore This Chart! August 31, 2015 at 12:03 PM
Stocks were hit hard in mid August with the S&P 500 and many stocks plunging below their spring-summer lows. This means stocks that held their summer lows are by definition showing relative chart strength because they did not break a key level... Read More
Don't Ignore This Chart! August 30, 2015 at 12:24 PM
Facebook (FB), like so many internet stocks, performs its best during the month of September. There's not much of a sample size with FB since it went public just a little more than 3 years ago. However, during its last 3 Septembers, FB has averaged gaining 15... Read More
Don't Ignore This Chart! August 28, 2015 at 03:21 PM
The Metals and Mining ETF (XME) has been melted down for scrap. Websters defines "Moribund" as: no longer active or effective : close to failure. : very sick : close to death While the chart couldn't look more moribund, this week it kicked up and showed a gasp of life... Read More
Don't Ignore This Chart! August 27, 2015 at 03:22 PM
While we cannot rule out the possibility of a sustained advance to clear technical hurdles, the first attempt today was an epic fail at or just below a critical short-term resistance zone... Read More
Don't Ignore This Chart! August 26, 2015 at 12:10 PM
There has been a big changing of the guard over the last few weeks as stock alternatives gained in relative rankings. The table below shows the StockCharts Technical Rank (SCTR) for our ETF universe, which excludes inverse and leveraged ETFs... Read More
Don't Ignore This Chart! August 26, 2015 at 10:02 AM
Two areas associated with protection are the TLT, the long bond ETF and GLD, the GOLD ETF. This morning, both are gapping down. It will be worth watching to see if the market can break out here as this does look like a potential interim bottom... Read More
Don't Ignore This Chart! August 24, 2015 at 12:19 PM
Stocks opened weak, plunged after the open and then recovered around midday. The Dow dipped below 15500 in the morning and then moved back to the 16200 area by noon ET. The opening gap, deep dip and recovery mean that several stocks could form big hammers today... Read More
Don't Ignore This Chart! August 21, 2015 at 04:58 PM
The selling was broad based across the market today. This market had a lot of issues regarding the number of stocks holding the market up. With breadth thinning every week, it appeared to be a matter of time before the market would have a larger pullback... Read More
Don't Ignore This Chart! August 20, 2015 at 09:28 AM
The Dow Jones U.S. Computer Hardware Index ($DJUSCR) is testing significant price support created by the breakout in the fourth quarter of 2014 and the subsequent retracement back to that level just three months later... Read More
Don't Ignore This Chart! August 19, 2015 at 10:28 AM
Just ask HD and WMT. These two big retail stocks are part of the Dow Industrials and the S&P 500. Despite a common industry group, the performance for these two stocks could not be any more different... Read More
Don't Ignore This Chart! August 18, 2015 at 12:36 PM
The airline Industry group pulled back quite hard in the second quarter. However one airline company bucked the trend and forgot to pullback. JetBlue (JBLU) just keeps on climbing bottom left to top right. A steady ascent is a comfortable ride for investors as well... Read More
Don't Ignore This Chart! August 17, 2015 at 04:37 PM
Amgen (AMGN), a big biopharma stock, broke out with expanding volume in July and hit a new 52-week high. After becoming short-term overbought, the stock fell back to the breakout zone. There are two things to note here. First, broken resistance turns into the first support zone... Read More
Don't Ignore This Chart! August 15, 2015 at 09:27 AM
After its latest quarterly earnings report, traders rushed into priceline.com (PCLN) as it surged nearly 100 dollars from 1283.99 to 1382.61 on a post-earnings gap. Patient traders, however, have seen PCLN return to its pre-earnings level as it closed on Friday at 1283... Read More
Don't Ignore This Chart! August 14, 2015 at 10:57 AM
The Banking Index (KBE) has been on a pretty good run, but recently a few things have happened. While the SCTR ranking remains high, the KBE has started to underperform in Relative Strength shown in purple. Looking at price, we have broken the up trend this week... Read More
Don't Ignore This Chart! August 13, 2015 at 02:32 PM
The stock market looks ahead and based on the latest breakout in home construction stocks ($DJUSHB), apparently traders like what they see on the horizon. The 10 year treasury yield ($TNX) held key support and is bouncing... Read More
Don't Ignore This Chart! August 12, 2015 at 11:53 AM
The major stock indices were hit with selling pressure on Wednesday, but two sectors and a few stocks bucked the selling and moved higher... Read More
Don't Ignore This Chart! August 11, 2015 at 02:32 PM
China has been moving the Yuan Currency around over the last few years. Here are the remarks I have on the Shanghai ($SSEC) chart about the Yuan. These are the only extreme ones I noted watching the markets... Read More
Don't Ignore This Chart! August 10, 2015 at 04:20 PM
The Semiconductor SPDR (XSD) has been one of the weakest industry group ETFs within the technology sector over the last two months, and Texas Instruments (TXN) has been one of the weakest stocks in the group. That might be changing... Read More
Don't Ignore This Chart! August 09, 2015 at 10:17 AM
I have been reading with much interest how the potential slowdown in China will be the next reason why the S&P 500 will tumble. But by changing a few chart settings here at StockCharts... Read More
Don't Ignore This Chart! August 07, 2015 at 12:16 PM
The media stocks had a rough week. Time Warner (TWX) has been on a nice 6 year uptrend. But something happened this week that is very important. The stock broke meaningfully down from the trend line... Read More
Don't Ignore This Chart! August 06, 2015 at 11:40 AM
In evaluating the likelihood of sustainable market rallies, one key relationship revolves around how consumer discretionary (XLY) stocks are performing vs. their consumer staples (XLP) counterparts. The reason is fairly simple... Read More
Don't Ignore This Chart! August 05, 2015 at 12:03 PM
The S&P 1500 can be divided into the S&P 500, S&P MidCap 400 and the S&P SmallCap 600... Read More
Don't Ignore This Chart! August 04, 2015 at 01:04 PM
As one of the big healthcare suppliers, Baxter (BAX) is in one of the strongest sectors. We usually think of healthcare as a defensive sector, but the growth in Biotech and the aging of the original baby boomers have made the healthcare arena bullish in good times and bad... Read More
Don't Ignore This Chart! August 03, 2015 at 03:09 PM
Stocks were mostly lower in afternoon trading, but a few airlines bucked the trend with gains and big moves in their StockCharts Technical Rank (SCTR). The table below shows the SCTRs for large-caps and the table is sorted by "change". Just click the column heading to sort... Read More
Don't Ignore This Chart! August 01, 2015 at 05:48 PM
Advances in the stock market are much more bullish and likely more sustainable if small cap stocks are outperforming their large cap counterparts. Over the past three years, we've seen very volatile relative action between the S&P 500 and Russell 2000... Read More
