ChartWatchers

September 2004

ChartWatchers

CYCLICALS OUTPERFOMING STAPLES

by Chip Anderson

There is a most interesting development between the Consumer Discretionary SPDR (XLY) and the Consumer Staple SPDR (XLP)... Read More 

ChartWatchers

A LONGER-TERM MARKET VIEW

by Chip Anderson

Daily charts can be used to fine tune entry and exit points, but they should be interpreted within the context of what weekly charts and indicators tell us... Read More 

ChartWatchers

TIME TO SHORT TECH SHARES?

by Chip Anderson

The current Nasdaq Composite rally is at an �inflection point� much in the same manner it was during the week of July 14th as prices slid to new yearly lows... Read More 

ChartWatchers

BUZZING ABOUT MURPHY

by Chip Anderson

MURPHY SURVEY RESULTS - Last week we conducted a customer satisfaction survey for the Murphy Market Message... Read More 

ChartWatchers

ON USING MOVING AVERAGES

by Chip Anderson

WHY WE USE MOVING AVERAGES ... You've probably noticed that I rely very heavily on moving average lines. There are some good reasons for that. The main one is that they are one of the simplest ways to spot trend changes. But not all moving averages are equal... Read More 

ChartWatchers

Hello Fellow ChartWatchers!

by Chip Anderson

We had some good response to last issues do-it-yourself approach to analyzing the Dow chart so let's try it again. Ready? Study the chart below and decided for yourself if it is bullish or bearish and why: My take is that this chart looks pretty bearish right now... Read More 

ChartWatchers

A "NEW AND IMPROVED" RYDEX RATIO

by Chip Anderson

The Rydex Asset Ratio has been around for eight or ten years, and it is a favorite among sentiment indicators because it is based, not upon opinion polls, but upon where people are actually putting their money... Read More 

ChartWatchers

SEMIS NOT THE LEADERS THEY ONCE WERE

by Chip Anderson

The recent carnage in the Semiconductor Index (SOX) moved to the forefront on Friday with INTC's poor guidance moving forward... Read More 

ChartWatchers

NEW DATA FEED IS IN!

by Chip Anderson

OUR NEW DATA FEED IS IN! - Well, there were some bumps in the road, but we've managed to get our new ThomsonONE data feed installed and working last week... Read More 

ChartWatchers

TELECOMM HAVE STRONG DAYS

by Chip Anderson

Telecom stocks had a good chart day. The AMEX Telecom iShares (IYZ) broke out to a new six-month high today. Its relative strength line has been rising since late June... Read More 

ChartWatchers

Hello Fellow ChartWatchers!

by Chip Anderson

Thursday's big rally for the Dow Industrials was unexpected and significant. Check out the chart below and see if you can spot the reasons why: As anticipated, the Dow faltered after hitting its 50-day moving average line... Read More