ChartWatchers

December 2015

ChartWatchers

Don't Fight the Fed (or the MACD, or the Summation Index, or...)

by Chip Anderson

Hello Fellow ChartWatchers! Welcome back to reality - just in time for Christmas! Reality is a place where interest rates are not stuck at zero. It's a place where the yield curve actually moves from time-to-time... Read More 

ChartWatchers

Bond/Stock Ratio Still Rising

by John Murphy

Last Saturday's message showed that Treasury bonds have been doing better than stocks since the summer. That's still the case. This chart below shows a ratio of the the long-dated Treasury ETF (TLT) divided by the S&P 500 SPDRs (SPY)... Read More 

ChartWatchers

Three Topping Structures That Make January So Important $SPX

by Greg Schnell

The markets have been rolling over worldwide in 2015. The big picture worldwide is a massive topping structure as shown by the MSCI All World Index (ACWI). This index has a 53% weighting towards the USA and 9 of the top 10 are American companies... Read More 

ChartWatchers

More Bearish Signals Emerging

by Tom Bowley

I'm not ready to write off this bull market as the most important indication of all - the combination of price/volume - remains bullish in my view. But the signals "under the surface" are beginning to erode. One of two things will likely happen... Read More 

ChartWatchers

Equal-weight SPX Leads the Way with Big Bearish Pattern

by Arthur Hill

The S&P 500 Equal-Weight Index ($SPXEW) continues to underperform the market-cap weighted S&P 500 and its downtrend resumed with a break down in mid November... Read More 

ChartWatchers

"Blue Chip Top 10" Negative Divergence

by Erin Swenlin

In the late-1990s Carl developed the Blue Chip Top 10 Index (!TOP152), which tracked the top ten ranked stocks (by PMO value) from our Blue Chip list of 152 stocks that DecisionPoint covers in its reports in the DecisionPoint Reports blog... Read More 

ChartWatchers

Taking Full Advantage of StockCharts.com's Holiday Special

by Chip Anderson

Hello Fellow ChartWatchers! Well, it's that time of year again - time to save a bunch of money on your StockCharts membership! As long-time members know, we usually run our Holiday special during the month of December and that is usually a great time to take advantage of the end-... Read More 

ChartWatchers

When Markets Have Wider And Wider Swings

by Greg Schnell

Wow, this market has been one for the Almanac. This week I read a commentary from a top technician saying the bull market is still intact. It was only 4 months ago that Dow Theory triggered a sell signal... Read More 

ChartWatchers

Friday Jump Keeps Stocks in Uptrend

by John Murphy

A strong rally on Friday more than erased losses from Thursday and left the market in much better shape. The chart below shows the S&P 500 ending the week back above its 200-day average after bouncing off its 50-day line on Thursday... Read More 

ChartWatchers

Trading in a Sideways Market

by John Hopkins

On 12-3-14 the S&P closed at 2074. On 12-3-15 (Friday) the S&P closed at 2091. That's about as flat as you can get over a 12 month period and it helps explain why many traders have had a difficult time scoring big gains over the past year... Read More 

ChartWatchers

Rydex Assets Sentiment Suggests Topping Market

by Erin Swenlin

After the tug-o-war of the last two trading days, I decided it was time to look at sentiment based on the DecisionPoint Rydex Assets Analysis charts. There are two to look at and they are both available in the free DecisionPoint Rydex Funds ChartPack... Read More 

ChartWatchers

Finance Sector Comes to Life and Leads

by Arthur Hill

The finance sector is one of the stronger sectors right now and this is positive for the overall market... Read More 

ChartWatchers

This Is How Money Rotates Prior To Bear Market

by Tom Bowley

The start of every bear market is different. Sometimes it's driven by technology stocks, other times it's a financial crisis. Whatever the case, one common denominator seems to be that aggressive areas of the stock market are abandoned as final tops are made or challenged... Read More