ChartWatchers

May 2018

ChartWatchers

When the Market is Choppy Search for the Best of the Best

by John Hopkins

The S&P hit its all time high of 2872 on January 26, less than 4 months. ago. Two weeks later, on February 9, it touched 2532, having fallen almost 12% before recovering some... Read More 

ChartWatchers

Rising Mortgage Rates Are Weighing On Homebuilders

by John Murphy

Editors Note: This article was originally published in John Murphy's Market Message on Saturday, May 18th at 9:17am EST. The first page of today's Wall Street Journal carries the headline: "Era of Ultracheap Mortgages Ends as Rates Hit 7-Year High"... Read More 

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Rising Treasury Yields And Dollar Completely Change Investment Themes

by Tom Bowley

There's a raging bull market going on right now, but you might not realize it if you're stuck in the S&P 500... Read More 

ChartWatchers

Lumber Is Soaring - Timber?

by Greg Schnell

The continuous contract chart of $LUMBER has been on a tear recently. This week the price was almost $200 above the 40-week moving average... Read More 

ChartWatchers

Small-caps Lead, but Mid-caps and Large-caps Lack Leadership

by Arthur Hill

Stocks recording new 52-week highs are the leaders and a key component to broad market strength. Small-caps are doing their part with plenty of new highs, but large-caps and mid-caps are lagging in this category... Read More 

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Small-Caps Leading the Way - Indicators for $SML Bullish

by Erin Swenlin

Small-cap stocks and indexes are quite healthy, far more than the large-cap indexes which are lagging behind... Read More 

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Rising Dollar Should Change Your Investment Strategy

by Tom Bowley

Throughout 2017 the U.S. Dollar Index ($USD) was falling and aiding profits on multinational companies found on the S&P 500. But it was time for the dollar to rise, as evidenced by a surging U.S. 10 year treasury yield ($UST10Y) vs. Germany's 10 year treasury yield ($DET10Y)... Read More 

ChartWatchers

Climactic Breadth Readings: Buying Exhaustion or Initiation? - Whipsaw BUY Signal for SPX

by Erin Swenlin

The SPX whipsawed into a Price Momentum Oscillator (PMO) BUY signal, suggesting a short-term rally is up next. Climactic breadth indicators popped on Friday and the VIX penetrated the upper Bollinger Band... Read More 

ChartWatchers

Toys Are Starting To Surge Again

by Greg Schnell

The toy business has been in a massive uptrend if you are in the right stocks. It is a fickle business group as they seem to treat the shares aggressively. Buy the good ones quickly, sell the weak ones even faster... Read More 

ChartWatchers

The Bird's Eye View: Big Advances Deserve Big Corrections

by Arthur Hill

2018 has been a tough year for stocks with the S&P 500 SPDR (SPY) basically unchanged (+.08%) for the year. During this journey to unchanged, SPY was up around 7% at its late January high and down around 5% at its February low... Read More 

ChartWatchers

Stocks Are Ending The Week On a Strong Note

by John Murphy

Editor's Note: This article was originally published in John Murphy's Market Message on Friday, May 4th at 3:50pm EST STOCKS REBOUND OFF 200-DAY LINES... Chart 1 shows the Dow surging more than 300 points after surviving another test of its 200-day average yesterday... Read More 

ChartWatchers

Profiting from Weak Earnings

by John Hopkins

Analysts will tell you that this earnings season has been a great success. In fact, many companies exceeded earnings expectations and were handsomely rewarded by the market... Read More