ChartWatchers

June 2015

ChartWatchers

Some Big Happening's Last Week - What's Next?

by John Hopkins

What a week! First, on Wednesday the Fed made its interest rate announcement, making it clear they are going to leave all options open, including the pace at which rates are changed in the future... Read More 

ChartWatchers

Finding Strengthening Strength

by Chip Anderson

Hello Fellow ChartWatchers! You know, sometimes we overthink things... Read More 

ChartWatchers

Flags Fall for Light Crude and Brent

by Arthur Hill

Oil surged in early June and looked poised to break flag resistance. A little follow through last week was all that was needed. US stocks did their part as the Russell 2000 and Nasdaq hit new highs. The Dollar did its part as the US Dollar Index fell 2.8% this month... Read More 

ChartWatchers

Solar Gets Cloudy

by Greg Schnell

Back in December we reviewed a group of Solar related stocks and positioned our ChartLists for alerts if they did break out. Well, that worked out swimmingly well as January brought the all clear and the stocks soared. Lots of them shot up and made nice big moves to the upside... Read More 

ChartWatchers

Scanning with SCTRs for Fun and Profit!

by Chip Anderson

Hello Fellow ChartWatchers! The markets continue to lose momentum and carve out toppish type patterns on the main index charts. We, on the other hand, continue to crank out webinars with great commentary and content for chartists like yourself... Read More 

ChartWatchers

DP Scoreboards Detect Market Deterioration

by Erin Swenlin

If you haven't checked out the new DP Scoreboard in the DP Chart Gallery, I highly recommend you click over there soon. In fact, here is an article I wrote about the Scoreboard and how the signals are determined right here... Read More 

ChartWatchers

Money Rotates To Financials, Is Consumer Finance Next?

by Tom Bowley

A solid labor market had bond traders heading for the exits on Friday and that extended the recent surge in treasury yields. The 10 year treasury yield ($TNX) closed at its highest level since early October and that has many traders heading for the financial sector... Read More 

ChartWatchers

Dow and S&P 500 Lose Ground While Nasdaq Holds Firm

by John Murphy

U.S. stocks lost ground during the week, but not enough to do any serious chart damage. Chart 1 shows the Dow Industrials falling to the lowest level in a month and sliding below its 50-day moving average (in rising volume)... Read More 

ChartWatchers

Strong Fundamentals + Strong Charts = Strong Results

by John Hopkins

It seems like an easy enough concept to grasp. If a company has strong fundamentals (earnings) plus a strong chart (technicals) it should make a stock a strong reward to risk trading candidate. It turns out it does... Read More 

ChartWatchers

Marking The 1 Year Anniversary In Crude Oil's Decline

by Greg Schnell

Crude Oil is the engine of nations. On June 13th, 2014 crude oil peaked and started a precipitous decline. From an intraday high of $107.68 to a low of $42.41 it has been a painful ride for energy companies and the oil and gas service sector... Read More 

ChartWatchers

Should the Stock Market Worry about Rising Rates?

by Arthur Hill

There have been four big surges in the 10-year Treasury Yield since the bull market for the S&P 500 began in 2009... Read More