Art's Charts

September 2013

Art's Charts

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Short-term Uptrends Challenged as Shutdown Looms

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** Stock futures are trading sharply lower as the first government shut down in 17 years looms on the horizon... Read More 

Art's Charts

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Small Caps and Nasdaq Lead the Market Higher

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** There is no change in the indicator table. All indicators remain in bull mode as the market remains strong... Read More 

Art's Charts

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S&P 1500 AD Line Bounces to Establish Short-Term Support

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** The major index ETFs managed to eek out another gain with the Nasdaq 100 ETF (QQQ) leading the way (+.78%)... Read More 

Art's Charts

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IWM Shows Relative Strength as SPY Tests Support

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** Stocks edged lower with relatively mild selling pressure. The S&P 500 ETF (SPY) fell .26% and the Nasdaq 100 ETF (QQQ) lost ... Read More 

Art's Charts

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Charts of Interest: AA, ATVI, IMMR, SCHL, SLW, SYMC

by Arthur Hill

AA gets a Throwback to Broken Resistance. ATVI Underperforms in September. Plus IMMR, SCHL, SLW, SYMC Video is at top. Individual charts are below... Read More 

Art's Charts

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Surging Treasuries Could Weigh on Stocks

by Arthur Hill

Stocks were mixed on Tuesday with the Russell 2000 ETF (IWM) gaining ground, the Dow SPDR (DIA) loosing ground and the S&P 500 ETF (SPY) closing flat. Relative weakness in finance, technology and healthcare weighed on the market... Read More 

Art's Charts

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SPY Gives Up Wednesday's Gain as TLT Breaks Out

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** Stocks were mostly lower on Monday with the finance sector weighing on the broader market. The Finance SPDR (XLF) fell 1... Read More 

Art's Charts

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Charts of Interest: ARUN, CLF, DE, GLW, NFLX

by Arthur Hill

$ARUN Shows Relative Weakness with Support Break. $CLF Forms Trio of Bearish Candlestick Patterns. Plus $DE, $GLW, $NFLX Video is at top. Individual charts are below... Read More 

Art's Charts

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GLD, USO and UUP Weaken as TLT Bounces

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** The on-off-on taper talk is back on again. That didn't take long... Read More 

Art's Charts

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Nasdaq Lags NY Composite, but Nasdaq Breadth is Strong

by Arthur Hill

The indicator summary got another upgrade this week as SPY momentum improved. All indicators are in bull mode and the majority have been bullish since early December, which is one long run for bullish technicals... Read More 

Art's Charts

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XLI, XLF, XLB and XLY Lead the Market Higher

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** After big moves on Wednesdays, the markets took a breather on Thursday and traded relatively flat... Read More 

Art's Charts

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Fed Spurs Buying Binge in Stocks, Gold and the Euro

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** It is amazing what a mere 10-15 billion Dollars can do. The Fed has been buying $85 billion worth of bonds for months now... Read More 

Art's Charts

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Charts of Interest: CY, FSLR, GIS, SCTY, WDC, WY

by Arthur Hill

CY Bounces off Broken Support. FSLR Forms Small Inverse HS Pattern. Plus GIS, SCTY, WDC, WY Video is at top. Individual charts are below... Read More 

Art's Charts

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Region Banks Catch a Bid as IWM Exceeds August High

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** Stocks continued to plow higher as the Russell 2000 ETF (IWM) advanced around 1% and the Nasdaq 100 ETF (QQQ) gained ... Read More 

Art's Charts

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SPY Challenges August Highs as Gold Weakens

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** It was pop and drop for the stock market on Monday... Read More 

Art's Charts

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Charts of Interest: ATVI, EBAY, DANG, PMCS

by Arthur Hill

ATVI Holds Channel Breakout. EBAY Shows Relative Weakness. Plus DANG and PMCS Video is at top. Individual charts are below... Read More 

Art's Charts

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QQQ Holds Breakout as Treasuries Remain Weak

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** Stocks remain strong overall and look to get stronger because S&P 500 futures are trading around 1% higher in pre-market (4AM)... Read More 

Art's Charts

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NYSE Breadth and SPY Momentum Improve

by Arthur Hill

The indicator summary got a few upgrades this week. In particular, we saw an improvement in NYSE breadth. The NYSE AD Line held above its June low and surged over the last two weeks... Read More 

Art's Charts

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Gold and Treasuries Lag in September, Stocks Lead

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** Stocks took a breather on Thursday with the major index ETFs edging lower. The Russell 2000 ETF (IWM) led the way with a ... Read More 

Art's Charts

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September Starts with Bang as XLY, XLI and XLF Lead

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** Stocks were mostly higher on Wednesday, but the gains were small and there were pockets of weakness in the market... Read More 

Art's Charts

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Charts of Interest: PCQ, PFE, PEP, SSP

by Arthur Hill

CQP Firms above Prior Low. PFE Bounces off Key Retracement. Plus PEP and SSP Video is at top. Individual charts are below... Read More 

Art's Charts

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AD Line and AD Volume Line Break Short-Term Resistance

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** Stocks put in another solid performance with the Russell 2000 ETF (IWM) and the S&P MidCap 400 SPDR (MDY) gaining around 1%... Read More 

Art's Charts

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QQQ Leads with New High - ITB Challenges Support Break

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** The bulls got into gear on Monday and pushed stocks higher across the board... Read More 

Art's Charts

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Charts of Interest: ALK, AZO, GE, MHK, SXT

by Arthur Hill

ALK Corrects with Falling Wedge. AZO Lags the Market with Flat Flag. Plus GE, MHK, SXT. Video is at top. Individual charts are below... Read More 

Art's Charts

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SPY and IWM Extend Bounces and Near Resistance

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** Stocks started September with strength as the Nasdaq 100 ETF (QQQ) and the Russell 2000 ETF (IWM) advance around 2% in a shortened ... Read More 

Art's Charts

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Techs Lead as Nasdaq AD Volume Line Hits New High

by Arthur Hill

There is no change in the indicator table. Relative weakness in interest rate sensitive stocks is weighing on the NYSE as the NYSE AD Line and NYSE Net New Highs lag their Nasdaq counterparts. Stocks remain in corrective mode, but there are clear pockets of strength out there... Read More 

Art's Charts

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10 Year Yield Approaches 3% - UUP Builds on Breakout

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** Stocks edged higher with techs leading the way again. The Nasdaq 100 Equal-Weight ETF (QQEW) advanced ... Read More 

Art's Charts

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Techs Lead as QQQ Bounces off Support - USO Forms Wedge

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** Techs took the lead on Wednesday with semiconductor and networking stocks scoring nice gains... Read More 

Art's Charts

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Charts of Interest: AKAM, BHI, CME, EXPD, NBR, VMC

by Arthur Hill

AKAM Forms Cup-with-handle Pattern. BHI Challenges Wedge Resistance. Plus CME, EXPD, NBR, VMC Video is at top. Individual charts are below... Read More 

Art's Charts

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Stocks Hit with Pop and Drop as Early Gains Fade

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** Stocks got the old pop and drop on Monday. The major index ETFs opened higher on the heels of Asian and European strength... Read More 

Art's Charts

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SPY and QQQ Test Support Zones

by Arthur Hill

**This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** It is the beginning of the month and stock futures are trading sharply higher this morning. The German DAX Index ($DAX) was up 1... Read More 

Art's Charts

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Charts of Interest: ESRX, LINTA, SCCO, SCHL, SCHW

by Arthur Hill

ESRX Corrects with Falling Wedge... Read More