ChartWatchers July 21, 2007 at 10:06 PM
We discuss so many different technical scenarios that sometimes we lose sight of what history has taught us. It's time to pause for a bit after a very nice rally in the equity markets and see what history has to say... Read More
ChartWatchers July 21, 2007 at 10:05 PM
Despite a sharp decline over the last six weeks, the Finance SPDR (XLF) remains in a long-term uptrend on the weekly chart and support is at hand. The Finance SPDR (XLF) met resistance at 38 twice this year and declined to around 36-36.5 in June and July... Read More
ChartWatchers July 21, 2007 at 10:04 PM
On Thursday our trend model for gold switched to a buy, which means our medium-term posture is bullish on gold; however, when I looked at a very long-term chart of gold I saw something that gave me a slightly queasy feeling... Read More
ChartWatchers July 21, 2007 at 10:01 PM
I suggested Friday that part of the recent weakness in market breadth figures was most likely due to the fact that most of the recent buying has been in large cap stocks, and that small cap indexes had yet to hit new highs. That discrepancy is shown in the chart below... Read More
ChartWatchers July 21, 2007 at 10:00 PM
Recently, we've seen a big increase in the number of people sending in questions about our scanning feature. Here's an article that I wrote about creating and running scans waaaaay back in October of 2002... Read More
ChartWatchers July 07, 2007 at 10:06 PM
The U.S. Dollar Index is approaching levels not seen since 1992. The reasons are fairly obvious. Global interest rates are on the rise and our own interest rates have been on hold for 8 straight meetings... Read More
ChartWatchers July 07, 2007 at 10:04 PM
When performing market analysis it is best to first look at the long-term view of what is happening because it provides us with the relevant context for analysis of shorter-term market action... Read More
ChartWatchers July 07, 2007 at 10:03 PM
In November-2006, we noted that if one previewed the NASDAQ Composite/S&P 500 Ratio, one would find a very well pronounced and bullish consolidation forming... Read More
ChartWatchers July 07, 2007 at 10:02 PM
In case you've been under a rock, we have been having severe problems with our intraday datafeed during the past two weeks. We've created a detailed page explaining the problem and the current status of the solution... Read More
ChartWatchers July 07, 2007 at 10:00 PM
The Dow is poised to re-test the 13,700 level next week. If it is able to break above that level, it will be a very bullish development indeed. Given that the Dow has faltered just below that level twice in the previous two months, odds are it will fail again this time... Read More
