Art's Charts

February 2018

Art's Charts

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The 800-Pound Gorilla in the Market - Charting the Fab Five

by Arthur Hill

SPY Leads with First Breakout. Small Caps and Mid Caps Still Lagging. Six Sectors and Six Upswings. Techs and Materials Lead New High List. The 800-pound Sector in the Market. Charting the Fab Five (AAPL, GOOGL, FB, AMZN, MSFT). Retail and Housing Lag... Read More 

Art's Charts

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Weekly Market Review & Outlook (with Video) - Something for Everyone

by Arthur Hill

Bulls, Bears and Fishermen. Long-term Picture Still Bullish. Rising SMAs for the S&P 500. A Short-term Bullish Pattern for SPY. Small-caps Show some Short-term RS. Lots of Little Consolidations. Oil Extends Bounce off Support. Energy Stocks are Not Impressed... Read More 

Art's Charts

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SystemTrader - In-Sample and Out-of-Sample Results for Two Momentum Systems - Measuring Performance and Drawdowns

by Arthur Hill

Revisiting Two Momentum Systems from 2017. A Simple Momentum Rotation System. Live by the Sword, Die by the Sword. A Trend-Momentum System with a Profit Target. Successful and Unsuccessful Trades. In-Sample and Out-of-Sample Performance. Drawdowns are Unavoidable... Read More 

Art's Charts

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Never Short a Dull Market or Go Long a Volatile One

by Arthur Hill

Go Long a Volatile Market? Setting Correction Targets for S&P 500. Leaders and Laggards During the Rebound. Scanning for Percent from High. Semis, Housing and Transports Lag. "Never short a dull market" is an old Wall Street saying... Read More 

Art's Charts

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Weekly Market Review & Outlook (with Video) - Rubber Band Rebound

by Arthur Hill

Rubber Band Rebound. A Bearish Breadth Thrust. High-Low Percent Indicators Weaken. %Above Indicators Remain Bullish. Weight of the Evidence. SPX Clears 50-day as VIX Falls. Small-caps Take the Internal Lead. Scan Code for Top ROC. Tech-Related Industry Groups Lead... Read More 

Art's Charts

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Oil Bounces off Breakout Zone - Plus XES, HAL and an S&P 500 Update

by Arthur Hill

Indicators Improve as S&P 500 Follows Through. A Retest of the February Low? Monitoring the Pennant Breakout. Oil Bounces off Breakout Zone. Use Continuous Contract Long-Term. Oil & Gas Equip & Services SPDR Firms. Haliburton Returns to Breakout Zone... Read More 

Art's Charts

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Expansion in New Lows Points to Extended Correction

by Arthur Hill

As with Charles Dow, I work under the assumption that the trend is in force until proven otherwise. And, in accordance with Dow Theory, neither the length nor the duration can be forecast. We can, however, identify trend changes and act accordingly... Read More 

Art's Charts

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Weekly Market Review & Outlook (with Video) - The Main Driver for Stock Prices

by Arthur Hill

The Main Driver for Stocks. Rate-of-Change Reaches an Extreme. Two Relatively Clean Bottoms. A Messy Bottom in 2011. Watching the 200-day First. Notes from the Art's Charts ChartList... Read More 

Art's Charts

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Not Many Hiding Places - Oil Turns and XLE Triggers Breadth Signals.

by Arthur Hill

Nowhere to Hide. Majority of Stocks Remain Weak. VIX Remains at Lofty Levels. Oil Starts to Correct. XES Extends Correction and Breaks Wedge Line. XLE Triggers Bearish Breadth Signals. Charting Breadth Indicators... Read More 

Art's Charts

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Is this Just a Correction or Something More?

by Arthur Hill

First Things First (Correction or More?). Another Perfect Storm. Yield Curve Turns Up. Oversold Setup in Breadth Indicators. A Bullish Setup for VIX. Playing the Guessing Game. Past Corrections Study. First Things First It is still a bull market... Read More 

Art's Charts

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Weekly Market Review & Outlook (with Video) - Disconnects Could Raise the VIX Range

by Arthur Hill

Turn of the Month Turns Negative. SPY Holds the Gap. Is the VIX Returning to Normal?. S&P 500 Correction Targets. Watching for Oversold Breadth. IBB Corrects from New High. Gold Maintains Upswing as Dollar Falls. Notes from the Art's Charts ChartList... Read More 

Art's Charts

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The First Step to Picking Stocks is Not Picking Stocks (with Complete Scan Code and Two Stocks)

by Arthur Hill

Filter Group 1: General Symbol Conditions. Scanning Specific Indexes. Filter Group 2: Broad Technical Conditions. Cutting to the Chase with Indexes. Eliminating a Sector or Industry Group. Filter Group 3: Technical Signals. Wendy's and Micron Make the Cut... Read More