ChartWatchers

June 2019

ChartWatchers

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Building Portfolio Power: Start With Stocks Like These!

by John Hopkins

Let me start by saying that we track a "Best of the Best" list at EarningsBeats.com. Technically, it's actually 3 "Best of the Best" lists - a Model Portfolio, an Aggressive Portfolio and an Income Portfolio... Read More 

ChartWatchers

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These Stocks Can Pick You Up

by Greg Schnell

The IPO frenzy has been well-documented this year, with CrowdStrike, Beyond Meat, Slack, Pinterest, Uber and Lyft all garnering media attention. One thing that can happen with IPOs is a sudden surge in either direction... Read More 

ChartWatchers

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S&P 600 Under the Indicator Microscope - Bouncing Off Relative Lows

by Erin Swenlin

Be prepared! I have a plethora of charts this week to share that focus only on the S&P 600. If you look closely, you can see that, even before the last two days of an impressive rally, the indicators were already suggesting a renewed interest in small-cap stocks... Read More 

ChartWatchers

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How to Spot Reversal Alert Zones and Get the Jump on Breakouts

by Arthur Hill

Breakouts are bullish and often look great, but they do not always offer the best reward-to-risk ratio when taking a trade. As with so many aspects of technical analysis and trading, we must often walk the fine line between anticipation and confirmation... Read More 

ChartWatchers

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Defensive Sectors Fall Behind While Technology, Cyclicals, and Industrials Take the Lead

by John Murphy

Editor's Note: This article was originally published in John Murphy's Market Message on Thursday, June 27th at 3:49pm ET... Read More 

ChartWatchers

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Small Caps and Biotechs Have Both Turned Positive - Here Are 3 Candidates for Your Consideration

by Mary Ellen McGonagle

June is shaping up to be quite a month, with the S&P 500 on track to outpace January as the best-performing period. Of special note is this week’s move into Biotechnology and Small Cap stocks, which both have struggled since stalling out in February... Read More 

ChartWatchers

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The Bullish Case For Gold Isn't All That Strong

by Tom Bowley

The price of gold ($GOLD) closed on Friday at $1400.10 per ounce. The weekly gain of 4.14% was the best such weekly advance since April 2016 and the close above $1400 was the first such close since September 3, 2013... Read More 

ChartWatchers

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Dialing Down the Dollar

by David Keller

Has the slow and grinding uptrend in the US Dollar finally reached its exhaustion point? A quick review of the charts suggests this may be the case... Read More 

ChartWatchers

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More Short-Term US Market Indicators Turn Bullish

by Martin Pring

Editor's Note: This article was originally published in Martin Pring's Market Roundup on Tuesday, June 18th at 2:30pm ET. Several reliable short-term oscillators have just turned bullish. Chart 5, for instance, features my Dow Diffusion Indicator... Read More 

ChartWatchers

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Will China Be Able To Complete Its Current Rotation Inside Positive Territory And Start A New Period Of Outperformance??

by Julius de Kempenaer

On the above Relative Rotation Graph, which shows the rotation for international stock indexes against the Dow Jones World index, we really ought to pay attention to the long tail inside the weakening quadrant for the Chinese market... Read More 

ChartWatchers

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Speeding Up the Price Momentum Oscillator (PMO)

by Erin Swenlin

Viewers of MarketWatchers LIVE know how much I rely on my scans to find all those interesting symbols I review... Read More 

ChartWatchers

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I've Never Seen An Earnings Signal This Bullish

by John Hopkins

At EarningsBeats.com, we track the best U.S. companies in a "Strong Earnings ChartList... Read More 

ChartWatchers

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Monthly Sector Rankings Show Defensive Leadership

by John Murphy

Editor's Note: This article was originally published in John Murphy's Market Message on Friday, June 14th at 1:20pm ET. Chart 1 is taken from the Sector Summary page for the past month. And it shows that investors are still gravitating toward defensive issues... Read More 

ChartWatchers

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Are Small-caps Really the Canaries in the Coal Mine?

by Arthur Hill

Many a pundit considers small-caps as the canaries in the coal mine and this implies that relative weakness in small-caps is negative for the broader market. As Missanei of Game of Thrones might say: It is known... Read More 

ChartWatchers

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Lumber Stocks Try To Bounce

by Greg Schnell

Commodities have been smothered for years. I think the best way to play them is to enter near the bottom - with tight stops - and subsequently ride out the runs. When they top out, step aside as they pull back. We can use indicators to help us find setups... Read More 

ChartWatchers

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Banking on Bitcoin

by David Keller

Yesterday, I had a great roundtable with Tom Bowley and Erin Swenlin on MarketWatchers Live, where Erin and I discussed comparisons between gold and Bitcoin. Now, at first glance, that might seem like a bit of a spurious comparison... Read More 

ChartWatchers

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Relative Strength Or Diversification? You Better Choose Carefully

by Tom Bowley

I'm going to say that you need elements of both, although you're going to want a much bigger helping of relative strength. Too much diversification can be extremely unhealthy, there needs to be a balance... Read More 

ChartWatchers

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3 Tasty Restaurant Stocks to Sink Your Teeth Into

by Mary Ellen McGonagle

By all accounts, people enjoy eating out, with the National Restaurant Association projecting a record high in U.S. restaurant sales at $863 billion this year, up 3.6% from last year... Read More 

ChartWatchers

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Long-Term Picture Shows Gold Close to a Breakout

by Martin Pring

Editor's Note: This article was originally published in Martin Pring's Market Roundup on Tuesday, June 4th at 2:57pm ET. From a long-term aspect, Gold looks as though it is in the process of duplicating its action at the turn of the century by forming a huge base... Read More 

ChartWatchers

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Can I Have A Coke (KO) With My Big Mac (MCD) Please?

by Julius de Kempenaer

While browsing through the stocks in the DJ Industrials index, my attention was grabbed by the tails on KO and MCD, both in a positive way. KO is making a wide rotation through lagging into improving and is now very close to crossing over into the leading quadrant... Read More 

ChartWatchers

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Dissecting the Dow - New IT Price Momentum Oscillator SELL Signal

by Erin Swenlin

This week, all four of the Scoreboard indexes (SPX, OEX, NDX, Dow) switched to IT Trend Model Neutral signals. This is just added insult to injury, given the ST Neutral and SELL signals that posted earlier this month... Read More 

ChartWatchers

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Gold - Something To Love?

by Greg Schnell

As I have mentioned in the last three Market Roundup shows (which you can find here on the StockCharts YouTube channel), the Gold-related charts have been setting up for weeks now... Read More