ChartWatchers

October 2011

ChartWatchers

OUR STORY SO FAR...

by Chip Anderson

Hello Fellow ChartWatchers! "Distance not only gives nostalgia, but perspective, and maybe objectivity." - Robert Mogan Perspective... Read More 

ChartWatchers

INTERMARKET TRENDS CONFIRM CHART SIGNALS

by John Murphy

Last Thursday I showed some traditional charts that suggested stocks and commodities were due for a rally. In the case of stocks, a lot of global stock and U.S. stock indexes had reached important support at their mid-2010 lows and were in oversold territory... Read More 

ChartWatchers

TECHNOLOGY AND CONSUMER DISCRETIONARY LEADING RALLY INTO EARNINGS

by Tom Bowley

The market has spoken. If you're looking for nice earnings surprises for the third quarter, or perhaps raised guidance on a forward-looking basis, look no further than the technology and consumer discretionary sectors... Read More 

ChartWatchers

STOCKCHARTS.COM DEALS YOU MIGHT NOT KNOW ABOUT

by Chip Anderson

DEALS, DEALS, DEALS - Here is a list of all the ways you can save money at StockCharts. Right now. No waiting. No hassel. Real money. Just do these things and start saving. Non-Members can subscribe to any of our charting services and get a 10-day free trial to test things out... Read More 

ChartWatchers

RYDEX CASH FLOW RATIO OVERSOLD

by Carl Swenlin

One of the ways we have of measuring sentiment is by tracking cash flow into and out of Rydex mutual funds through the use of our Rydex Cash Flow Ratio... Read More 

ChartWatchers

US DOLLAR INDEX TEST BREAKOUT WITH THROWBACK

by Arthur Hill

The US Dollar Index ($USD) was hit hard this week with a 2.2% decline. Weakness in the Dollar buoyed oil and stocks, which have been negatively correlated with the greenback. Dollar weakness and Euro strength is also associated with the risk-on trade... Read More 

ChartWatchers

WHAT NON-MEMBERS NEED TO KNOW, WELCOME "THE CANADIAN TECHNICIAN!"

by Chip Anderson

THINGS NON-MEMBERS ASK ABOUT - Yes, we do have monthly charts. Yes, we do allow you to create charts that are longer than 3 years. Yes, you can see the data that makes up each chart. Yes, our charts can be automatically updated... Read More 

ChartWatchers

UTILITIES THRIVE ON FALLING RATES AND RISING VIX

by John Murphy

Utilities have emerged as the year's strongest sector. The chart below shows the Utilities Sector SPDR (XLU) trading near a new 52-week high while the S&P 500 (solid line) is closer to a new lows... Read More 

ChartWatchers

HAS GOLD REACHED ITS PEAK?

by Richard Rhodes

The month of September has not been kind to Gold; and the question before everyone is whether or not gold has seen its highs for an intermediate period or whether a brief pause before higher highs are forged... Read More 

ChartWatchers

WEEKLY MACDs REMAIN QUITE BEARISH

by Tom Bowley

The weekly moving average convergence divergence (MACD) has always been a favorite indicator of mine. It provides a "big picture" outlook of the market and helps me take a step back from the day to day swings of the market... Read More 

ChartWatchers

THE THREE MOST COMMON SUPPORT QUESTIONS AT STOCKCHARTS

by Chip Anderson

Hello Fellow ChartWatchers! Simpler is usually better and that is definitely true when you are looking for a chart to put the month of September into perspective. Voila! Members can click the chart to see a live version... Read More 

ChartWatchers

GOLD MINING STOCKS VERSUS GOLD

by Carl Swenlin

QUESTION: Carl, I have read a lot of articles recently indicating gold miner stocks should go up and outpace gold. So far nothing but a drop in goldminers... Read More 

ChartWatchers

TECHNOLOGY SPDR FAILS AT KEY RETRACEMENT

by Arthur Hill

After hitting resistance at a key retracement this month, the Technology ETF (XLK) fell with what looks like a continuation of the bigger downtrend. First, notice that the ETF formed a massive Triple Top that extends from January to July... Read More