ChartWatchers

February 2016

ChartWatchers

Two Weeks Later and Not Much Has Changed

by Chip Anderson

Hello Fellow ChartWatchers! I know, I know. I've shown the same chart again and again recently... Read More 

ChartWatchers

Despite Recent Strength, Long-Term Bearish Momentum Accelerating

by Tom Bowley

From a short-term trading perspective, last week's rally was predictable. Positive divergences flashed all over the equity map on daily charts - globally, domestically, and within sectors, industry groups, and individual stocks... Read More 

ChartWatchers

Three Indications that a Bear Market is Ending

by Erin Swenlin

Many of my readers' and viewers' questions remind me of the Whitney Houston song, "How Will I Know?"... Read More 

ChartWatchers

NYSE Bullish Percent Index Turns Up

by John Murphy

One of the widely watched gauges of market direction is the NYSE Bullish Percent Index ($BPNYA). That index measures the percent of NYSE stocks that are in point & figure uptrends. Chart 1 shows a point & figure version of that index... Read More 

ChartWatchers

Profit from Earnings Misses

by John Hopkins

Our primary focus for a long time at EarningsBeats.com has been on those companies that beat earnings expectations and have strong charts. The reason being that companies with strong numbers and strong charts provide superior reward to risk trading opportunities... Read More 

ChartWatchers

Honeywell Leads the Industrials SPDR. Is GE Next?

by Arthur Hill

It has been a rough year for most of the stock market with seven of the nine sector SPDRs down year-to-date. The Consumer Staples SPDR (XLP) is up .69% and the Utilities SPDR (XLU) is up a whopping 6.75%... Read More 

ChartWatchers

Currencies Are Ripe For Showing Trend Changes In Commodities

by Greg Schnell

With the announcement of the UK / European Union deal late on Friday night, we have a good reason to look at the currencies compared to the US Dollar ($USD)... Read More 

ChartWatchers

The Market is in a Classic Bull/Bear Battle Right Now

by Chip Anderson

Hello Fellow ChartWatchers! Wow, people are all over the place with their emotions right now... Read More 

ChartWatchers

Nasdaq May Be On Verge Of Breakdown

by John Murphy

It's never a good sign to see the Nasdaq leading the rest of the market lower, which it did this week. A -3% plunge on Friday (and a -5% loss for the week) made it the weakest of the major market indexes. Heavy selling in software and internet stocks were especially troubling... Read More 

ChartWatchers

In Rocky Times Earnings REALLY Matter

by John Hopkins

In the best of times companies see their stock prices rewarded or punished based on earnings results. Even when a company misses its earnings per share or revenue forecasts by just a small amount it can have a meaningful, negative impact on its stock price... Read More 

ChartWatchers

Materials SPDR (XLB) "Thrust" into BUY Signal

by Erin Swenlin

There has been renewed interest in the Percent Buy Index (PBI) ever since I spotlighted it during one of my webinars. The PBI is not related at all to the Bullish Percent Index (BPI)... Read More 

ChartWatchers

What You Need To Know About Trading A Bear Market?

by Tom Bowley

There are no guarantees to this question, but we do have history and past technical indications to provide us a few guidelines. Trading strategies applied during a bull market simply won't work during a bear market... Read More 

ChartWatchers

Is Anyone Helping You Find Strong Stocks In This Market?

by Greg Schnell

This bear market has ripped most portfolios apart. Some portfolios have been shredded. Recently, a money manager was on TV saying he really likes it when stocks are down this hard because there are so many bargains. I have two additional statements for that... Read More 

ChartWatchers

Small-caps, Finance and Tech Weigh on Market

by Arthur Hill

After sharp declines the first two weeks of the year, the stock market turned into one mixed up beast the last three weeks. The PerfChart below shows three-week performance for the seven major index ETFs... Read More