ChartWatchers

May 2016

ChartWatchers

Four Things All StockCharts Users Need to Know

by Chip Anderson

Hello Fellow ChartWatchers! Short Version: The Dow continues moving lower. The upcoming death of Flash means everyone is getting the new version of ChartNotes. You really need to sign up for ChartCon 2016 soon... Read More 

ChartWatchers

VIX Fails Breakout Attempt, NASDAQ May Be Turning Higher

by John Murphy

My Thursday morning message showed the Volatility Index (VIX) trying to break through resistance near 17. It rose as high as 17.65 intra-day which was the highest level in two months. Fortunately, it wasn't able to close there... Read More 

ChartWatchers

Defense Stocks Remain A Must Own

by Tom Bowley

The Dow Jones U.S. Defense Index has been annihilating its competition for the past few years. It's very clear if you take a look at a longer-term relative performance chart. Check this out: This is an interesting chart... Read More 

ChartWatchers

Trading Tune Up Part Two

by John Hopkins

In my last ChartWatchers article I pointed to the importance of taking a time out now and then to analyze trading habits. I referred to it as a "Trading Tune Up"... Read More 

ChartWatchers

XLK Shows Signs of Life as Key Moving Average Holds

by Arthur Hill

It has been a wild ride for the Technology SPDR (XLK) since August, but the ETF is showing signs of strength by holding the 200-day moving average in May. The red line shows the 200-day SMA dissecting the chart in the 41.5-42 area... Read More 

ChartWatchers

Finding Great Stocks In Technology AVGO QCOM CY

by Greg Schnell

Technology has been one of the worst-performing sectors recently. However, over the last three weeks, the Tech sector represented by the SPDR ETF (XLK) has been performing slightly better than the SPX. Scanning through the carnage, I found lots of interesting charts... Read More 

ChartWatchers

PMO Analysis - SPX Not Ready to Bottom, But NDX Is?

by Erin Swenlin

During today's webinar, my "Bonus Indicator Chart" was the Price Momentum Oscillator (PMO) Analysis chart for the SPX. It reveals that it doesn't have the internal strength necessary (yet) to rally out of the current declining trend. The NDX is beginning to show signs of life... Read More 

ChartWatchers

My New Favorite Page on StockCharts.com

by Chip Anderson

Hello Fellow ChartWatchers! The market moved lower this week, retreating from its failed assault on the highs of last August. Optimists can conclude that more consolidation is needed before the market will be ready to put in new highs... Read More 

ChartWatchers

Two Versions of the New York Advance-Decline Line Giving Different Signals

by John Murphy

THE TRADITIONAL NYAD LINE HITS NEW RECORD... Chartists look to the NYSE Advance-Decline line to help determine the trend of the stock market. The NYAD line is simply a running cumulative total of the number of advancing stocks minus decliners on the big board... Read More 

ChartWatchers

Energy Resting At Key Pivot Area

by Tom Bowley

2016 has been a very good year thus far for the energy sector (XLE) as it's gained 17.51% in just the last three months alone... Read More 

ChartWatchers

Trading Tune Up - Lessons Learned

by John Hopkins

If you've been trading for a decent period of time you know how quickly things can turn against you. Sometimes with no warning, all of the good work you've done seems to disappear and before you know it, profits quickly disappear as well... Read More 

ChartWatchers

Oil Reaches Moment-of-truth

by Arthur Hill

Oil remains in an uptrend this year, but the bigger trend remains down and this could be just a counter-trend bounce. The price chart shows the USO Oil Fund (USO) in the top window and June Crude (^CLM16) in the bottom window... Read More 

ChartWatchers

TV Content Companies Start To Perform (SNI, DIS, CBS)

by Greg Schnell

Entertainment is all about watching something exciting. With all the discussion of cord cutting for cable, multiple companies have discussed that they expect to make more money through direct subscription or skinny bundles... Read More 

ChartWatchers

NDX Equal-Weight ETF (QQEW) Weak Against QQQ

by Erin Swenlin

As I reviewed the charts of the Nasdaq 100 with my viewers during webinar today, I started to wonder how the equal-weight version was stacking up against the NDX ETF (QQQ). Typically the equal-weight versions do better over time than their cap-weighted counterparts... Read More