ChartWatchers

March 2012

ChartWatchers

OFF TO THE RACES WITH PUBLIC CHARTLISTS v2.0

by Chip Anderson

Hello Fellow ChartWatchers! The new version of our Public ChartList area is now officially released and ready for your use... Read More 

ChartWatchers

OVER 800 S.C.A.N. ARTICLES AND COUNTING, "SAME SCALE" PRICE OVERLAY

by Chip Anderson

OVER 800 ARTICLES AND COUNTING! The StockCharts Answer Network (s.c.a.n.) passed another milestone last week with its 800th question getting answered. If you haven't visited it yet, s.c.a.n... Read More 

ChartWatchers

GOLD BREAKS 200-DAY LINE - GOLD MINERS TEST SUPPORT

by John Murphy

A couple of weeks ago (February 28) I wrote a positive article on precious metal assets. The entire group has taken a big hit since then. Two contributing factors have been more positive comments from the Fed, which imply little or no more quantitative easing. That pushed U.S... Read More 

ChartWatchers

S&P 500 RALLY GETTING RISKIER BY THE WEEK

by Richard Rhodes

The S&P 500 rally continues unabated, although it has shown some signs of wear and tear given the less-than-hoped for volume patterns as well as advance/decline patterns... Read More 

ChartWatchers

COMMON MACD MISCONCEPTIONS

by Tom Bowley

In my last article, I featured a weekly NASDAQ chart and pointed out that the MACD was coming up off the centerline and pointing higher... Read More 

ChartWatchers

APPLE ENTERS DANGER PHASE

by Carl Swenlin

Apple is a great company, and AAPL has been a great stock since early-2009. From that point to the end of 2011 it rose +300% in an orderly, relentless advance. The angle of the rising trend line was conservative and sustainable... Read More 

ChartWatchers

Materials SPDR Continues to Show Relative Weakness

by Arthur Hill

While the S&P 500 and Dow moved to new highs last week, the Materials SPDR (XLB) fell short of its February highs and continues to underperform. Also note that the Technology SPDR (XLK) and Consumer Discretional SPDR moved to new 52-week highs last week... Read More 

ChartWatchers

INTERMARKET CHART SHOWS INFLATION / DEFLATION

by Chip Anderson

Hello Fellow ChartWatchers! In my last article, I went over two key Intermarket relationships - the one between the US Dollar and Commodities and the one between Commodities and the US Stock Market... Read More 

ChartWatchers

DOLLAR INDEX BOUNCES OFF 200-DAY LINE

by John Murphy

An impressive upside reversal day on Wednesday enabled the Power Shares US Dollar Index (UUP) to bounce off its 200-day moving average as shown in Chart 1 (see arrow). That dollar turnaround was apparently the result of Mr... Read More 

ChartWatchers

BANKING ON A STRONG 2012

by Tom Bowley

In earlier articles, I wrote about key upcoming resistance on banks and the "January Effect". Very strong performance in January suggests that equities will continue to rally throughout 2012... Read More 

ChartWatchers

RYDEX ASSET LEVELS ARE BEARISH

by Carl Swenlin

At Decision Point we keep a close watch on asset levels in the Rydex mutual fund group as a way of evaluating investor sentiment... Read More 

ChartWatchers

Small-caps Continue to Lag as Russell 2000 Breaks February Lows

by Arthur Hill

Relative weakness in small-caps remains a concern for the broader market. Smaller companies are less diversified and have less exposure abroad, which makes them more vulnerable to changes in the domestic economy... Read More