ChartWatchers

December 2019

ChartWatchers

Last Chance for Market Vision 2020!

by Greg Schnell

Last year, it was equities that really soared through the Holidays, kicking off a big rally that lasted well into the spring. This year, the equities are still perking up with the traditional Santa Claus rally, but the big move this week has to be in the gold miners... Read More 

ChartWatchers

This Sector is Poised to Outperform According to DecisionPoint Indicators

by Erin Swenlin

Carl and I have put together our Sector SPDR ChartList that includes all of our major indicators on each chart... Read More 

ChartWatchers

Why the Dollar Could Weaken in 2020

by John Murphy

Yesterday's message suggested that commodity prices may be bottoming; which could lead to a better 2020 for the first time in years. Part of that analysis, however, was based on expectations for a lower dollar... Read More 

ChartWatchers

What's in a Forecast? See for Yourself and Be Amazed!

by John Hopkins

On September 23, our Chief Market Strategist Tom Bowley, who had just returned to EarningsBeats.com after 4.5 years as Senior Technical Analyst at StockCharts, made a bold call... Read More 

ChartWatchers

2019: A Year Filled with Distractions

by Arthur Hill

2019 was a year with lots of distractions, and yet the S&P 500 recorded 52-week highs in six of the last nine months. The index surged 17.7% the first four months and recorded its first 52-week high in late April... Read More 

ChartWatchers

This IPO Shifted The Dynamics For An Entire Group and Here Are 3 Stocks Poised To Benefit

by Mary Ellen McGonagle

It's been a tough year for many new IPO's as most of the 170 companies that came public this year are now trading below their initial price offerings. That said, there have been a couple of high-flying new offerings that have spurred moves in their peers... Read More 

ChartWatchers

Here's a Stock Breaking Out With 21% of its Float Short!

by Tom Bowley

I was looking at the performance of NASDAQ 100 stocks after the close on Friday and realized that Tesla (TSLA) closed above 400 for the first time in its history. Volume was unusually high all week long as TSLA gained 13% to clear resistance in the upper 300s... Read More 

ChartWatchers

Coffee, Charts and a Proper Perspective

by David Keller

You pour yourself a cup and coffee, fire up the computer and begin your daily investment process... Read More 

ChartWatchers

Stocks are Overdue for a Correction, But These Charts Say it Doesn't Matter

by Martin Pring

Right now, stocks are very overextended and likely due for a correction. In Chart 1, for instance, you can see that my Global Diffusion indicator has just triggered a sell signal from an extreme level... Read More 

ChartWatchers

Slicing and Dicing Seasonality

by Julius de Kempenaer

I previously highlighted the chart below in this past Thursday's DITC article (12/19). But what does it mean? What is it Showing? This chart visualizes the collective seasonality of all 11 sectors in the S&P 500... Read More 

ChartWatchers

Stock Indexes Hit New Records on Report of Trade Agreement

by John Murphy

Reports of a trade agreement between the U.S. and China pushed global stock prices sharply higher today. Chart 1 show the S&P 500 reaching record territory. So did the Nasdaq. Small cap stocks continued to show relative strength... Read More 

ChartWatchers

Are You Willing to Bet On It?

by Greg Schnell

With the tensions between the USA and China this week, there was a definite surge in the charts related to the negotiations earlier in the week. One of the industry groups that made a big move earlier was gambling, but the big names faded or were flat on Friday... Read More 

ChartWatchers

Diamonds: Darlings and Duds (ENB, MSCI, GMED & HIG)

by Erin Swenlin

Periodically, I'd like to look at some of my previous "DP Diamond" selections and show you some successes (darlings) and failures (duds). They don't all do what they should, after all... Read More 

ChartWatchers

How Commission-Free Trading Stacks the Odds in our Favor

by John Hopkins

When Charles Schwab recently announced they were cutting their online brokerage commissions to zero, the other major brokerage houses fell in line. Then, shortly after, Schwab announced they would be buying Ameritrade... Read More 

ChartWatchers

Are you Following the Trend or Waiting for Perfection?

by Arthur Hill

We are seeing breakouts and new highs galore in the stock market. Does this sound the all clear? Hardly. Investors waiting for the all clear will probably be waiting a long time. Moreover, the "all clear" could even mark the top, because that's just the way Mr. Market operates... Read More 

ChartWatchers

Goldman Sachs has A Laggard Stocks Strategy for Early 2020 - I've Highlighted Some of the Better-Looking Charts

by Mary Ellen McGonagle

For 17 years now, Goldman Sachs (GS) has been following a strategy at year-end of picking up battered stocks that have underperformed the markets and holding them into the first 3 months of the new year... Read More 

ChartWatchers

To Profit from Trading, You Must Allow Trades to Come To You; Don't Chase

by Tom Bowley

One of the great features of our service at EarningsBeats.com is maintaining a Strong Earnings ChartList (SECL) for our members and running scans against it daily to identify trade setups... Read More 

ChartWatchers

It's Time To Watch For A Bottom In Commodities

by Martin Pring

In my Monthly Market Roundup last week, I repeated a talk that I recently gave at the CMT Summit in Mumbai... Read More 

ChartWatchers

5 Dow Names Are Ready To Break Out!

by Greg Schnell

The Dow is one of those lists of big companies that doesn't necessarily have the most aggressive names, but they are definitely some of the world leaders... Read More 

ChartWatchers

Stock Market Rallies Under Narrowing Sentiment

by David Keller

During an interview I took part in for a podcast this week, I was asked to define technical analysis. I immediately provided John Murphy's summary that technical analysis is the study of "market action" and is based on a visual analysis of price and sentiment... Read More 

ChartWatchers

Introducing "ChartList Reports" - Daily and Weekly Performance Summaries Sent Right To Your Inbox

by Grayson Roze

I'll let you in on a little secret. My favorite feature on StockCharts, hands down, is ChartLists. Second only to my charts themselves, ChartLists are the thing I rely on most heavily by far. As an active investor, I use ChartLists throughout every stage of my process... Read More 

ChartWatchers

Where Should You Go if You Don't Want to be 100% Invested in Stocks?

by Julius de Kempenaer

Last Wednesday, I published an article in the RRG blog titled "Stocks Remain The Only Asset Class Inside The Leading Quadrant Going into December"... Read More