ChartWatchers

March 2004

ChartWatchers

The AD Volume Lines

by Chip Anderson

Breadth stats reflect continued preference to be overweight small and mid-caps, while underweight techs and large-caps. As the AD Volume Lines show, the S&P Midcap Index and S&P SmallCap Index remain the strongest... Read More 

ChartWatchers

DETERMINING THE TREND AND CONDITION OF THE MARKET

by Chip Anderson

The trend and condition of the market should dictate the kind of actions we will take, so these are the first things we should evaluate during the process of making investment/trading decisions... Read More 

ChartWatchers

NOT YOUR "GARDEN VARIETY" CORRECTION

by Chip Anderson

The past two-month trading period is one at the present time considered a "correction"; however, there are nascent signs it may be something quite a bit larger than just your "garden variety" correction... Read More 

ChartWatchers

WHAT'S NEW IN BETA 3

by Chip Anderson

SHARPCHARTS2 BETA 3 - The improvements just keep coming! This week, we've added the Money Flow Index (see Chip's article above), Equivolume charting, support for annotations, the ability to email charts to others, the ability tostore charts in your browser's "bookmark" area, and ... Read More 

ChartWatchers

NASDAQ 100 LEADS MARKET LOWER.

by Chip Anderson

NASDAQ 100 LEADS MARKET LOWER... The Nasdaq 100 QQQs were the worst percentage losers on Friday and reflected continuing weakness in the largest technology stocks. The daily chart shows the QQQ ending the week on a down note. The only saving grace was the relatively light volume... Read More 

ChartWatchers

Hello Fellow ChartWatchers!

by Chip Anderson

The current market pull-back is getting serious... Read More 

ChartWatchers

SECTORS AND EXPANSION

by Chip Anderson

Relative strength or price relative charts provide an idea of which sectors will lead and lag over the next few weeks and months. These are formed by dividing the Sector Index by the Wilshire 5000 or another broad market index... Read More 

ChartWatchers

LONG-TERM SELL SIGNAL FOR GOLD?

by Chip Anderson

When the monthly PMO (Price Momentum Oscillator) reaches a range extreme and changes direction, it is a pretty good indication that the long-term trend is changing... Read More 

ChartWatchers

THE "CONSUMER" SECTOR RATIO

by Chip Anderson

The stock market environment over the past six weeks has been fraught with a good deal of rotation out of specific indices such as the Dow and Nasdaq and into the S&P 400 midcaps and S&P 600 small caps... Read More 

ChartWatchers

SC2 BETA 2 NOW READY!

by Chip Anderson

SHARPCHARTS BETA 2 NOW AVAILABLE! - We're continuing the roll-out of our new charting engine - SharpCharts 2 - with the release of the second "Beta" version this week... Read More 

ChartWatchers

PLUNGING BOND YIELDS BOOST FINANCIAL SHARES

by Chip Anderson

WEAK JOBS REPORT A MIXED BLESSING ... Today's weak job report was a shocker. It's weakness, however, is a mixed blessing. It's a potential negative for the economy since it erodes consumer confidence... Read More 

ChartWatchers

Hello Fellow ChartWatchers!

by Chip Anderson

Last week saw all of the major averages post modest gains with the Russell 2000 (+2.3%) leading the way... Read More