ChartWatchers

December 2017

ChartWatchers

NASDAQ and Microsoft Hit New Records, Russell 2000 Ishares Bounce

by John Murphy

The Nasdaq finally joined the Dow and S&P 500 in record territory on Friday. Chart 1 shows the PowerShares QQQ exceeding its November peak at week's end, and in heavy trading. The QQQ is based on the Nasdaq 100 index which includes the 100 largest non-financial stocks... Read More 

ChartWatchers

The Best Traders Have This One Common Trait And They Never Waver

by John Hopkins

This may sound way too easy, but successful traders manage risk. They don't care about losing money on trades that don't work. They exit those trades and put their capital to work in a better trade... Read More 

ChartWatchers

Tis The Season To Look For Fresh Breakouts

by Greg Schnell

Some winners from this fall included the auto sector in September. They might not all rally, but it is nice when a whole industry group surges together... Read More 

ChartWatchers

Here Are Five Solid Small Cap Trades And A Powerful ChartList For 2018

by Tom Bowley

Happy holidays! I want to wish everyone a joyous holiday season and here's to a happy, healthy and prosperous 2018! Thank you so much for all your support of StockCharts... Read More 

ChartWatchers

Overbought - And Built to Stay That Way

by Arthur Hill

Overbought and oversold are funny terms. Well, actually, they are not that funny when you really think about it. Overbought is often overused in an uptrend and oversold is over used in a downtrend. Let's focus on overbought because that seems to be the term du jour right now... Read More 

ChartWatchers

Is Santa Claus Really Coming to Town for Small Caps?

by Erin Swenlin

I haven't talked Small Caps in quite awhile and I think there are some interesting points that need to be made--good and bad. First, the technicals on the S&P 600 are not looking good at all... Read More 

ChartWatchers

Here's The Only ChartList You'll Ever Need And The Five Keys To Trading Success

by John Hopkins

'Tis the season and I'd first like to wish everyone a happy holiday season. To health, happiness and prosperity! Feel free to sing along...... Read More 

ChartWatchers

Energy Shares Are Bouncing on Optimism Over OPEC Agreement

by John Murphy

Energy shares are finally showing some bounce. The daily bars in the chart below shows the Energy Sector SPDR (XLE) climbing above its 50-day average today. The XLE is bouncing off chart support along its late October low and its 200-day moving average... Read More 

ChartWatchers

Here Are Two Stocks To Consider In December...And One To Avoid

by Tom Bowley

I love to combine bullish seasonality with strong or strengthening technical conditions. As we move into December, it's important to realize that there has been no better month for the S&P 500 since 1950 than December, which has produced annualized returns of +19.51%... Read More 

ChartWatchers

Metals - The Calm Before The Storm

by Greg Schnell

One of key principals of a global bull market is the major moves in the sectors as the market expands. As we head into 2018, there are a significant number of charts that suggest we could be on the platform for a significant move in commodities... Read More 

ChartWatchers

Financials and Industrials Lead New High Expansion

by Arthur Hill

Chartists can plot High-Low Percent for the nine sectors to identify areas of strength within the stock market. The chart below shows the High-Low Percent ranked by this week's highest value... Read More 

ChartWatchers

Energy ETFs Triggering Bullish Signals

by Erin Swenlin

The energy sector has been on a bit of a rollercoaster the three months, moving from deep lows in August to a new trading range of large percentage highs and lows... Read More