ChartWatchers

April 2019

ChartWatchers

3 Reasons Why Semiconductors Are Poised To Lead

by Tom Bowley

Okay, let's start with the short-term reason. Throughout much of this bull market, the month of May has been kind to semiconductors ($DJUSSC). In fact, the DJUSSC has advanced in each of the last 7 years during May... Read More 

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Successfully Trading Stocks After They Report Earnings

by Mary Ellen McGonagle

In my ChartWatchers article from two weeks ago, I provided insights into signals that your stock may be poised to report earnings above Wall Street estimates. Given that the markets are currently rewarding positively reporting companies with an average 2... Read More 

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Five Trendlines You Should Be Watching

by David Keller

My process is built around simplicity. I am of the firm belief that investors, as well as the financial industry as a whole, tend to unnecessarily complicate things... Read More 

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The SPY/EFA Ratio Completes an Inverse Head-and-Shoulders

by Martin Pring

Editor's Note: This article was originally published in Martin Pring's Market Roundup on Wednesday, April 24th at 7:03pm ET... Read More 

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All Eyes On The Mighty Greenback! This Is How It Looks On A Relative Rotation Graph

by Julius de Kempenaer

A lot of eyeballs are watching the USD these days. Not surprisingly, as a lot (or most) people pay attention to the chart of the USD index ($USD), which compares the USD to a basket of other currencies. That chart now seems to be breaking out - to the UPside, that is... Read More 

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Insurance Companies Are Popping To New Highs

by Greg Schnell

Across the broad spectrum of insurance companies, the life insurance industry group has a group of names huddled at or around 52-week highs. With nice strong dividends, these stocks look set to surge. A good example to look at is Manulife Financial (MFC)... Read More 

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Five 5G Technology Stocks to Ponder

by Erin Swenlin

5G is the next generation of mobile broadband and will eventually replace (or augment) your 4G LTE connection. With 5G, we should see exponentially faster download and upload speeds... Read More 

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Profiting from Companies that Beat Earnings Expectations

by John Hopkins

Earnings season is off and running and already some companies that beat expectations could set up as high reward-to-risk trades... Read More 

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Railroad Stocks Lead the Transports and Industrial Sector Higher

by John Murphy

Editor's Note: This article was originally published in John Murphy's Market Message on Friday, April 19th at 10:21am ET. Two stock groups did better than the rest of the market this week. Transportation stocks had another strong week... Read More 

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Here Are The Industry Groups Flying Into Earnings Season

by Tom Bowley

Analysts routinely visit management teams of public companies to see how their quarters are progressing. Based on the knowledge they gain, they return to their offices and their firms issue recommendations to buy or sell. It's the reason that we do what we do... Read More 

ChartWatchers

An Aggressive Projection for the Dow

by David Keller

Have you ever played devil’s advocate in a group discussion? That's the situation where everyone comes to one conclusion, so you take the opposite side just to provide an alternative hypothesis and argue its merits... Read More 

ChartWatchers

Global Stocks Join Global A/D Line Above Key Trend Lines

by Martin Pring

Editor's Note: This article was originally published in Martin Pring's Market Roundup on Tuesday, April 9th at 1:08pm ET... Read More 

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Trading Stocks Before They Report Earnings - Tips to Improve Your Success Rate

by Mary Ellen McGonagle

Earnings surprises can move a stock substantially, leading to either huge gains or big losses in your portfolio. Today, I’ll be reviewing how you can trade during earnings season to your benefit... Read More 

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EARNINGS: 2018 Q4 Finalized; S&P 500 Still Overvalued

by Carl Swenlin

S&P 500 earnings for 2018 Q4 have been finalized, and with a P/E of 21.4, the market is above the normal value range and very overvalued. The following chart shows us the normal value range of the S&P 500 Index... Read More 

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When Tails Remain On One Side Of A Relative Rotation Graph, What Does That Mean?

by Julius de Kempenaer

Relative Rotation Graphs are a great tool to use to visualize sector rotation, along with other asset rotations in various universes... Read More 

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Materials Sector (XLB) Bursts Through Resistance with Confirming LT Buy Signal

by Erin Swenlin

While I maintain the DecisionPoint Scoreboard for the large-cap SPX, OEX, NDX and Dow, Carl maintains a DecisionPoint "Sector" Scoreboard... Read More 

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Earnings Season Can Produce Real Sizzle

by John Hopkins

As earnings season gets ready to kick off this week once JPM, PNC and WFC report their results on Friday, here's a reminder that those stocks that come up big on the top and bottom line could ultimately become high reward-to-risk trading candidates, possibly multiple times... Read More 

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RSI Shifts from Bearish to Bullish for EEM

by Arthur Hill

The Emerging Markets ETF (EEM) experienced a trend-momentum shift over the last few months as RSI moved from its bear range to its bull range. In addition, RSI came close to 70 (69.5) twice and EEM broke above its 200-day SMA... Read More 

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Foreign Stocks are Now Rising

by John Murphy

Editor's Note: This article was originally published in John Murphy's Market Message on Thursday, April 4th at 4:16pm ET. Much of the concerns over the past year have centered around weakness in foreign stocks, and whether that would eventually pull U.S. stocks lower... Read More 

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Can Autos Accelerate Without Tesla?

by Greg Schnell

The auto charts are a mixed bag. For the last few years, they have had trouble outperforming; even Tesla (TSLA) has been dead money for buy-and-holders. However, it's starting to look like the broader group wants to start running; below are a few charts of interest... Read More