Don't Ignore This Chart!

November 2018

Don't Ignore This Chart!

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Workday (WDAY) Puts In A Full Shift

by Greg Schnell

Workday has been a big performer but over the last nine months it has built a floor around $120. Friday saw the stock soar above the previous highs. While it is hard to buy after a 12% surge in one day, this stock looks like a good buying candidate on a pullback... Read More 

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Market is still playing defense!

by Julius de Kempenaer

The recent rally of the S&P 500 index off the lows near 2600-2625 is nice but is it sustainable? The Relative Rotation Graph above shows the rotation of the 11 SPDR sector ETFs against SPY and the message is very clear! There is a clear split between the sectors... Read More 

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Varian Medical Successfully Tests Breakout Zone

by Arthur Hill

Healthcare stocks are leading the market and many were featured in Tuesday's show, On Trend. See below for details. Today I am highlighting Varian Medical (VAR) because it seems to be in the early stages of an uptrend... Read More 

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TripAdvisor (TRIP) Consolidates

by Greg Schnell

TripAdvisor broke out to new 52 week highs in October. Since then, the broader market has been rocky while TRIP has pulled back and consolidated. Check out the chart. The SCTR shows the stock outperforming its peers... Read More 

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Hologic Doubles Down on Breakout

by Arthur Hill

While the S&P 500 toys with its October low, Hologic its flirting with its summer highs and showing strength over the last few months... Read More 

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This Technology stock lost 50% of its value but is now hitting support levels.

by Julius de Kempenaer

The Relative Rotation Graph for the technology stocks in XLK (Technology select sector SPDR) shows one big outlier that recently went through a big rotation. It crossed from improving to leading in June then pushed to a JdK RS-Ratio value over 140 before rolling over... Read More 

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A Global Logistics Player Hits Resistance

by Arthur Hill

United Parcel Service (UPS) is a global player in logistics and package delivery... Read More 

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Semiconductors Surge On Huge Down Day

by Greg Schnell

The Semiconductor stocks were trying to lead to the upside in Tuesday's big down day. That's a short term bullish sign. Six semi stocks were in the top 22 from the S&P 500. Considering how low in the hole they were to start the day, that is a big improvement... Read More 

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Viacom Makes a Move with Big Volume

by Arthur Hill

Viacom (VIAB) is part of the broadcasting-entertainment industry group, which is part of the Communication Services SPDR (XLC). The stock acted more like a defensive share in the first half of the year by underperforming from January to May... Read More 

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This Is Not Just Icing On The Cake

by Greg Schnell

Through this wide ranging volatile period, it has been harder to find great trades. When the market pulls back, the skittishness of the investing community soars. I have had two different stocks in nice set ups plunge with 20% drops in a day... Read More 

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Small cap stocks are leading the market lower.

by Julius de Kempenaer

There are many indexes available to monitor and analyze the stock market. The S&P500, together with Daddy "Dow" being among the more popular ones. But the S&P 500, although covering 500 stocks, is only looking at one segment of the total market. Only large-cap stocks... Read More 

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The First Death Crosses Appear

by Arthur Hill

A classic death cross occurs when the 50-day moving average moves below the 200-day moving average. On the flip side, a golden cross occurs when the 50-day SMA moves above the 200-day SMA... Read More 

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Oil Hits The Big Number

by Greg Schnell

Oil has fallen the last few days and really taken a significant move lower. After at least two weeks of falling, oil was down 6.3% at the close today... Read More 

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Goldman Continues to Struggle

by Arthur Hill

Goldman Sachs is the premier investment bank and a key component of the Financials SPDR (XLF), as well as the Broker-Dealer iShares (IAI). The stock has struggled since March and lagged the market for over six months now... Read More 

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Why The Disney (DIS) Ride Might Be Just Getting Started

by Greg Schnell

It is always hard to bet against the mouse house. The world enjoys the magic of Disney everywhere. With the plan for Disney to deliver its own over the top service, all eyes are on Disney to see if that can work. If any one company has the content to do it, it is probably Disney... Read More 

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It takes two to tango for TTWO

by Julius de Kempenaer

While browsing through some Relative Rotation Graphs, looking for DITC candidates, my eye fell on TTWO inside the Communications Services sector... Read More 

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This Big Pharma Stock is Closing in on a New High

by Arthur Hill

Johnson & Johnson (JNJ) started the year on the wrong foot with a double digit decline the first six months. After hitting a 52-week low in late May, the stock turned around and advanced some 20% the next four months... Read More 

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Mosaic $MOS Is Pushing More Outperformance

by Greg Schnell

Mosaic shot to a fresh new high today, continuing the uptrend. While the broader market has been trying to bounce, we can see this stock has been on the move for a while. This beautiful uptrend was hardly interrupted by the recent broad market slide... Read More 

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How to (not) Trade the Elections

by Arthur Hill

The US elections are on Tuesday and the financial press is full of tips based on possible outcomes. Basing a financial decision on a news event means we must get two things right. First, we must successfully predict the news (election results)... Read More 

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Airline Stocks May Rise On Crude Weakness

by Greg Schnell

The airline stocks have been mudding around. They have stayed in a giant trading range. I noted on my chart last year Warren Buffet had been buying airline stocks. Well, its been a zero gain trade. The airlines bounced last week at support and are bouncing up... Read More