ChartWatchers

August 2013

ChartWatchers

Blog Article Title Image

The Best Chart You've Never Heard Of

by Chip Anderson

Hello Fellow ChartWatchers! Three consecutive down days at the end of the week confirmed that August is going to be a rough month for stocks. A couple of quick clicks on our Interactive PerfChart tool show that all of the major market averages moved lower this week by between 1... Read More 

ChartWatchers

Blog Article Title Image

Lower Interest Rates May Prove to be Headwind for US Dollar

by Richard Rhodes

The capital market starting to trend once again. The 10-year note yield has risen rather swiftly in recent months, which has caused both the stock market and the US dollar to trade in a sideways movement... Read More 

ChartWatchers

Blog Article Title Image

The Friendly Giant Wakes Up

by Greg Schnell

Canada had a popular TV show called The Friendly Giant. When Suncor merged with Petro Canada in March 2009 it become Canada's energy giant. It is the largest oil company on the $TSX by market cap and one of the top 5 companies in Canada as well. Here is the live link. Suncor... Read More 

ChartWatchers

Blog Article Title Image

Bond Yield Resumes Uptrend

by John Murphy

The uptrend that started in bond yields during May is resuming. Chart 1 shows the 10-Year Treasury Note Yield ($TNX) hitting a new recovery high today. That resumes the uptrend in bond yields... Read More 

ChartWatchers

Blog Article Title Image

Russell 2000 ETF Starts Correction within Bigger Uptrend

by Arthur Hill

The Russell 2000 ETF (IWM) moved sharply lower this week to start a short-term downtrend, but this is still considered just correction within a bigger uptrend. There are simply no signs of a major top at this moment... Read More 

ChartWatchers

Blog Article Title Image

Bonds (TLT) Break Important Support

by Carl Swenlin

This week let's take a look at bonds because rising rates are capturing broad attention. We use the 20+ Year T-Bonds ETF (TLT) as the surrogate for long bond timing... Read More 

ChartWatchers

Blog Article Title Image

Announcing StockCharts ChartPacks - "Plug-Ins" for StockCharts Members

by Chip Anderson

Hello Fellow ChartWatchers! Today I am thrilled to announce a big change in how people can configure and use StockCharts to understand the markets and make better investing decisions... Read More 

ChartWatchers

Blog Article Title Image

Dow Transports Confirm New Record in the Industrials

by John Murphy

The Dow Industrials and Transports are hitting new record highs together once again. That's a sign of an ongoing bull market. [Dow Theory holds that an upside breakout in either one needs to be confirmed by a similar breakout in the other]... Read More 

ChartWatchers

Blog Article Title Image

$COPPER Moves Above, One More Time

by Greg Schnell

$COPPER is one of our best indicators of economic activity. It is usually early in bull markets and very weak when markets top. We all know that $COPPER has been under pressure for a long time. I like to use a dashboard of world mining leaders to confirm moves in $COPPER... Read More 

ChartWatchers

Blog Article Title Image

Software Stocks Lagging

by Tom Bowley

Most areas of the stock market have enjoyed the past few months, especially since the lows of June 24th. Don't count software as one of those groups, however... Read More 

ChartWatchers

Blog Article Title Image

Rydex Ratio: Investors Not Committing to Rally

by Carl Swenlin

The Rydex Cash FLow Ratio is one of the sentiment indicators we track, and currently it is showing that investors are unusually reluctant to commit money to the current rally... Read More 

ChartWatchers

Blog Article Title Image

Key Breadth Indicators Confirm Underlying Strength

by Arthur Hill

The major stock indices recorded 52-week highs this week and these highs were confirmed by the breadth indicators for the S&P 1500. Note that the S&P 500, S&P MidCap 400, S&P SmallCap 600, Nasdaq 100 and Dow Industrials recorded fresh 52-week highs this week... Read More