ChartWatchers

October 2017

ChartWatchers

Here Are The Best Seasonal Stocks During November In The S&P 500

by Tom Bowley

There are different ways to view best seasonal stocks depending on whether you're interested solely in average returns for a particular month or time period or if you're interested in the percentage times that a security rises for a particular month or time period... Read More 

ChartWatchers

Small-cap ETFs Lag in October, but Break out of Flag Patterns

by Arthur Hill

The EW S&P 500 ETF, S&P MidCap SPDR and S&P 500 SPDR moved to new highs this week, but the S&P SmallCap iShares and Russell 2000 iShares are lagging and remain below their early October highs, which were 52-week highs... Read More 

ChartWatchers

Bouncing Dollar Hurts Gold, Rising Rates Boost Copper

by John Murphy

The fact that U.S. rates are rising faster than elsewhere on the globe is boosting the dollar. A rising dollar usually hurts the price of gold. And it is... Read More 

ChartWatchers

Gold Losing Its Shine - New IT Trend Model Neutral Signal Arrives

by Erin Swenlin

I recently wrote about Gold in the DecisionPoint blog. We saw the 20-EMA pull out of its decline to keep its ITTM BUY signal. However, the gravitational pull of price after it couldn't hold support at 1300 was too much and the 20-EMA finished just below the 50-EMA today... Read More 

ChartWatchers

Earnings Season Full Speed Ahead

by John Hopkins

Earnings season is in full swing now and so far so good. How do I know this? All you have to do is look at the overall market reaction. And it doesn't hurt when a giant tech company left for dead knocks it out of the park... Read More 

ChartWatchers

Get Ready - Earnings Season is About to Begin

by John Hopkins

They say how time flies; and it's true, especially from one earnings season to another, and starting this week we're going to start hearing from thousands of companies as they release their numbers... Read More 

ChartWatchers

The NASDAQ 100 Hit a Record High This Week, But Still Lags The S&P 500

by John Murphy

Chart 1 shows the Powershares QQQ ETF hitting a record high this week. It was the last of the major stock indexes to do so, and its breakout is a positive sign for the market. It also did slightly better than the rest of the market... Read More 

ChartWatchers

Four Critical Signals That Confirm It's Full Speed Ahead For Equities

by Tom Bowley

I've been following the stock market for a long time and I'm always searching for that perfect signal that never fails... Read More 

ChartWatchers

A Pullback in the Energy SPDR? Here's What to Watch.

by Arthur Hill

The Energy SPDR (XLE) is the top performing sector SPDR since mid August with a double digit advance over the last seven weeks. On the price chart, XLE broke out of the channel, exceeded its summer highs and pushed RSI above 70 for the first time this year... Read More 

ChartWatchers

Weekly PMO BUY Signals Explode on DecisionPoint Scoreboards

by Erin Swenlin

Today all but the NDX garnered new PMO BUY signals in the intermediate term. The intermediate-term PMO signals are gathered from the weekly chart PMOs and their crossovers. I'll give you a peek at the NDX weekly chart too, but it is much further away from a new weekly BUY signal... Read More 

ChartWatchers

The $USD Hits Resistance

by Greg Schnell

This week the US Dollar climbed to its highest level in two months. For those who have been following the Commodities Countdown articles, the reversal in the $USD was expected from the big downtrend... Read More