Art's Charts April 30, 2015 at 04:05 AM
Stocks were hit with selling pressure on Wednesday with small-caps leading the way. IWM and IJR lost around 1.1% on the day and have been underperforming since early April... Read More
Art's Charts April 29, 2015 at 04:11 AM
It was pop and drop on Monday, and then drop and pop on Tuesday. Welcome to the week featuring the Fed policy statement on Wednesday and the employment report on Friday. Trading could remain choppy the next few days as these events become reality... Read More
Art's Charts April 28, 2015 at 04:09 AM
Stocks got the old pop and drop on Monday as the S&P 500 surged to a new high in the morning and then worked its way lower the rest of the day. The index closed with a modest loss of .41%. IWM led the way lower with a 1.10% loss and small-caps have been lagging since early April... Read More
Art's Charts April 27, 2015 at 05:24 AM
It was all about big techs on Friday as QQQ surged over 1%. The rest of the market was mixed as IWM edged lower and SPY edged higher. Strength in Amazon (+14%) lifted the Consumer Discretionary SPDR (XLY) and strength in Microsoft (+10.5%) lifted the Technology SPDR (XLK)... Read More
Art's Charts April 24, 2015 at 04:28 AM
Stocks put in another modest performance with the major index ETFs gaining less than a half percent. Well, the S&P SmallCap iShares (IJR) did gain .60% to lead, but this was the exception. The sectors were mostly higher with energy and technology leading the way... Read More
Art's Charts April 23, 2015 at 04:40 AM
Stocks dipped on the open, but quickly caught a bid and moved higher for most of the day. The final gains, however, were modest as QQQ, IWM, SPY and DIA gained around a half percent. The Finance SPDR and the Technology SPDR led the way higher... Read More
Art's Charts April 22, 2015 at 04:58 AM
Stocks drifted on Tuesday with a slight downward bias as IWM and SPY closed fractionally lower. QQQ bucked the selling pressure with a modest gain. The sectors were mixed. The healthcare sector led the gainers, while the energy sector led the losers... Read More
Art's Charts April 21, 2015 at 04:05 AM
Stocks surged on Monday and recovered most of Friday's losses. The S&P 500 moved back above 2100 in the first hour (+1%) and then consolidated the rest of the day. The consumer discretionary, technology, industrials and utilities sectors led with 1+ percent gains... Read More
Art's Charts April 20, 2015 at 05:45 AM
Stocks meandered from Monday to Thursday and then got pummeled on Friday. There were two bouts of selling pressure that lasted less than two hours in total... Read More
Art's Charts April 17, 2015 at 04:14 AM
Stocks meandered on Thursday as the S&P 500 started negative, moved into positive territory and then finished slightly negative. The major index ETFs ended mixed with fractional gains in DIA and the Russell MicroCap iShares (IWC), but fractional losses in QQQ and IWM... Read More
Art's Charts April 16, 2015 at 05:47 AM
Stocks gained ground on Wednesday with the major index ETFs posting modest gains. The Russell 2000 iShares (IWM) led the way with a .70% gain and a new high. The Energy SPDR (+2.4%), Materials SPDR (+1%) and Technology SPDR (.9%) led the sector SPDRs... Read More
Art's Charts April 15, 2015 at 03:56 AM
Stocks finished the day mixed with not a lot going on in the market. QQQ and IWM edged lower, while DIA and SPY edged higher. And I do mean "edged" because the gains and losses were minimal. Energy was the stand out performer in an otherwise lackluster day... Read More
Art's Charts April 14, 2015 at 11:45 AM
Stocks did the old pop and drop on Monday. The S&P 500 surged above 2105 on the open, peaked in the first hour and worked its way to the 2092 level by the close. It was a rather orderly decline... Read More
Art's Charts April 13, 2015 at 03:58 AM
Stocks finished strong on Friday and ended the week with modest gains. QQQ led the way with a 2.5% advance and is also the strongest for April. IWM and MDY lagged because they gained less than 1%. Industrials, energy, healthcare and technology led the sectors last week... Read More
Art's Charts April 10, 2015 at 04:12 AM
Stocks started weak, but quickly found their footing and moved higher. SPY and QQQ led and closed at their highest levels of the month. Small-caps lagged as IWM and IJR closed slightly lower... Read More
Art's Charts April 09, 2015 at 05:09 AM
Stocks meandered all day and finished slightly higher. QQQ (+.79%) and IWM (+86%) led the bounce with modest gains. SPY (+.34%) and DIA (+.18%) lagged. Seven of the nine sector SPDRs were up, but the gains and losses were small... Read More
Art's Charts April 08, 2015 at 05:20 AM
Stocks surged on Monday morning and plunged on Tuesday afternoon. The S&P 500 is still up over the last two days, but Tuesday's final hour sell off could foreshadow a tougher trading environment ahead. Small-caps and mid-caps led the selloff as IWM lost .64% and MDY declined ... Read More
Art's Charts April 07, 2015 at 04:51 AM
Note that I will be doing a webinar today at 1PM ET (Tuesday, April 7th). I will cover market breadth, gold, oil, the dollar and some stock setups. Click here to register. Stocks shrugged off the miss in non-farm payrolls on Friday and surged in early trading on Monday... Read More
Art's Charts April 06, 2015 at 05:48 AM
It was a rather strange week for stocks. DIA and SPY were up around .50% as of Thursday's close, but Friday's decline in stock futures wiped out this small gain and they ended the week slightly negative - for all intents and purposes... Read More
Art's Charts April 02, 2015 at 05:15 AM
Stocks were lower most of the day, but rallied in the final fifteen minutes to cut their losses. SPY closed with a small loss and IWM closed with a fractional gain. The sector SPDRs did not move much either. Healthcare was the big loser with a 1% decline... Read More
Art's Charts April 01, 2015 at 06:40 AM
Stocks were mostly lower on Tuesday. The S&P 500 opened lower, stalled for a few hours and then moved lower again in the final hour. Large-caps led the way, while small-caps fell fractionally and showed relative strength again... Read More
