ChartWatchers

August 2019

ChartWatchers

The August Stealth Bull That Has Some Investors Cheering

by Mary Ellen McGonagle

For most investors, it's been a tough month as headline induced volatility brought the Indexes to their worse August returns since 2015... Read More 

ChartWatchers

The 3 Biggest Risks As We Enter September; The Trade War Isn't One

by Tom Bowley

Listen, the media loves to overhype the trade war. Seriously, is there anyone that isn't aware of the trade war, the tweets, the rhetoric, etc... Read More 

ChartWatchers

Should Market Breadth Be Cap-Weighted or Equal-Weighted?

by David Keller

I recently tweeted about the percent of stocks above their 200-day moving averages, pointing out that there is a key line in the sand for this important breadth indicator. This resulted in a fantastic question about looking at market breadth in cap-weighted terms vs... Read More 

ChartWatchers

Most Sectors Still Experiencing Rising Peaks and Troughs

by Martin Pring

Editor's Note: This article was originally published in Martin Pring's Market Roundup on Wednesday, August 27th at 4:15pm ET... Read More 

ChartWatchers

Growth vs. Value Rotation is Sending a Very Clear Message on RRG

by Julius de Kempenaer

One of the Relative Rotation Graphs that I like to keep an eye on in order to get a handle on the general market condition (for stocks) is the chart above, which shows the rotation of Value versus Growth stocks using the Dow Jones US Index as the benchmark... Read More 

ChartWatchers

SPY and QQQ Hit the Canvas - Again

by Arthur Hill

Stocks were hit hard in early August with SPY and QQQ falling six to seven percent in six days. These declines started from new highs in late July, which is when these prizefighters were at peak performance... Read More 

ChartWatchers

Trick or Treat for Global Equities?

by Martin Pring

Editor's Note: This article was originally published in Martin Pring's Market Roundup on Wednesday, August 21st at 9:36pm ET. During my many decades in this business, I have never heard of a recession so well-advertised as the one we are witnessing currently... Read More 

ChartWatchers

Introducing "WealthWise Women" and the Pink Line

by Erin Swenlin

Last week, Mary Ellen McGonagle and I had the pleasure of speaking at The Money Show as part of the "Women on Wealth" panel, where we discussed how we can bring women to the "investment table" through education, engagement and empowerment... Read More 

ChartWatchers

Here's to the Future!

by John Hopkins

Recently, Tom Bowley announced to the StockCharts community that he will soon be returning to his "roots" at EarningsBeats.com. When Tom first approached me with the idea, I let out a big "Woohoo!"... Read More 

ChartWatchers

Bonds, Gold, the PPO and Extreme Conditions

by Arthur Hill

The 20+ YR T-Bond ETF (TLT) and Gold SPDR (GLD) are on a tear, but they are getting stretched by one key metric and could be ripe for a corrective period. There are numerous ways to measure overbought (extended) conditions... Read More 

ChartWatchers

Large Cap Tech Idles

by Greg Schnell

One of the interesting parts about the markets over the last few weeks has been the quiet price action in the large cap tech names, in contrast to Consumer Staples names like Wal-Mart (WMT) and Target (TGT) being fantastic performers this year... Read More 

ChartWatchers

Preparing For Nice Returns - 3 Stocks For Your Watchlist

by Mary Ellen McGonagle

The volatility in the markets remains as investors continue to grapple with the latest global headline. With defensive areas of the market generally posting positive results, other areas are struggling to regain their footing following sharp selloffs... Read More 

ChartWatchers

Previous Bond Yield Inversions Saw Rising Commodities - This Time is Different

by John Murphy

Editor's Note: This article was originally published in John Murphy's Market Message on Thursday, August 15th at 3:47pm ET. Everyone's talking about inverted yield curves. The 10 year - 3 month yield curve turned negative a few months ago... Read More 

ChartWatchers

Relative Rotation Graphs Can Show You So Much More Than Just Sector Rotation

by Julius de Kempenaer

Relative Rotation Graphs, or "RRGs", were born while I was working as a sell-side analyst for an investment bank in Amsterdam, doing research and making calls on stocks and sectors... Read More 

ChartWatchers

Returning To My Roots At EarningsBeats.com

by Tom Bowley

Wow, it's been a great ride here at StockCharts.com! I posted essentially this same article in my Trading Places blog a week ago, but I'm not sure how many of you follow me there. I want to make sure I reach out to everyone who has supported me over the years... Read More 

ChartWatchers

5 Best Industry Groups Not Named Software (And Stocks To Trade In Each)

by John Hopkins

I know it's summer, and we generally think defensively during this time of year, but there are still very strong areas with tremendous momentum that you should be considering. I'll give you my top five industry groups with a stellar individual stock performer within each group... Read More 

ChartWatchers

3 Serious Signals Should Send Shock Waves

by Greg Schnell

The world is full of charts. Rick Santelli used the expression "Every ship at the bottom of the ocean also had a chart room." There's an important caveat, there, however: Were the navigators looking at the charts? Stock charts only tell you something if you want to hear it... Read More 

ChartWatchers

DP WEEKLY WRAP: Important New Look at an Old Indicator

by Carl Swenlin

One thing that we technical analysts like to spot at price tops is an indicator flashing a negative divergence, which is an indicator that is trending downward while price continues to trend upward... Read More 

ChartWatchers

Taking the Pulse of SPDR Sectors - Defensive Sectors Have a Healthy Heartbeat

by Erin Swenlin

John Murphy joined us on MarketWatchers LIVE on Thursday (8/8/19) and showed us some very interesting charts on the Sector SPDRs. The deterioration of nearly all of them prompted me to look at them using the Price Momentum Oscillator (PMO) in CandleGlance... Read More 

ChartWatchers

Finding Sectors and Stocks that Held Up During the Onslaught

by Arthur Hill

The S&P 500 hit a new high in late July and then got pummeled in early August with a sharp decline that broke the 50-day EMA. Moving averages like this can serve benchmark levels that chartists can use to compare performance... Read More 

ChartWatchers

Transports Continue to Lag Behind the Dow Industrials

by John Murphy

Editor's Note: This article was originally published in John Murphy's Market Message on Friday, August 9th at 12:27pm ET... Read More 

ChartWatchers

My Philosophy: Creating Portfolios To Beat The Benchmark S&P 500

by Tom Bowley

(This is a reprint of a Trading Places blog article written a week ago. I've updated the performance and charts to include last week's selloff.) Beating the S&P 500 is my #1 goal... Read More 

ChartWatchers

Stocks Bucking The Selloff - Pockets Of Strength In A Difficult Week

by Mary Ellen McGonagle

The bears were awakened last week following Fed Chair Powell's remarks, as well as Trump's trade war tweets. Both events brought the markets to their knees, with each of the major indices pulling back to their 50-day moving averages... Read More 

ChartWatchers

Defining a Bull or Bear Market Using a Two-Way Test

by Martin Pring

Editor's Note: This article was originally published in Martin Pring's Market Roundup on Tuesday, July 30th at 1:14pm ET... Read More 

ChartWatchers

Three Charts Clarify a Cautious Outlook for Stocks

by David Keller

"Never confuse brains with a bull market." When the market is going higher and the average stock is appreciating, we often attribute the gains to our skill as investors... Read More 

ChartWatchers

Using SCTRs to Fill Your Relative Rotation Graph

by Julius de Kempenaer

In my latest "Don't Ignore This Chart" article, I used a Relative Rotation Graph holding 20 stocks as a starting point to find an interesting-looking rotation and a possible trading opportunity for BHGE... Read More