ChartWatchers

February 2020

ChartWatchers

Bottom Fishing - Three Candidates After Last Week's Sharp Selloff

by Mary Ellen McGonagle

It was a tough week for investors following last week's sharp drop in the markets, particularly as many individual stocks sold off even more than the averages... Read More 

ChartWatchers

5 Key Takeaways From Last Week's Historic Drop

by Tom Bowley

The selling we saw this week was one for the ages. Yes, I've been extremely bullish for a long time and it's primarily because of the economic environment... Read More 

ChartWatchers

Three Charts Suggesting Further Downside

by David Keller

Are the markets oversold? Yes. Is it reasonable to expect that next week will see the markets recover at least a bit after this week's mayhem? Absolutely... Read More 

ChartWatchers

Three Charts That Suggest an Interim Bottom is at Hand

by Martin Pring

It's been quite a week, but the charts are starting to look to me as if a bottom is close at hand. In order to identify one, I look at a couple of factors. First, are there any signs of a one or two bar reversal pattern? Take Chart 1, for instance... Read More 

ChartWatchers

This is My Trendline, Which One is Yours?

by Julius de Kempenaer

What a week... Where do I start??? Let's just say that this was not a boring week for the markets...... at all! When markets go crazy and swings get out of control, I have learned to step back and look at the bigger picture - and keep it simple... Read More 

ChartWatchers

Friday's Selling Suggests that Overbought Stock Pullback has Probably Begun

by John Murphy

With gold surging again today to another seven-year high, gold miners are having an even stronger day percentage-wise. And are nearing a major upside breakout... Read More 

ChartWatchers

Don't Buy a Stock Like This Heading into Earnings

by John Hopkins

Earnings season has come and (mostly) gone, with all of the major companies reporting Q4 numbers. The consensus is that, overall, earnings were strong, as witnessed by record levels in the market... Read More 

ChartWatchers

20+ Year Treasury Bond ETF (TLT) Breaks Out to New All-Time Highs

by Erin Swenlin

This week's big winners were $GOLD and TLT, though the Dollar also did fairly well. Carl will be writing about these three (as well as Oil) in this week's edition of the "DecisionPoint Weekly Wrap" on DecisionPoint... Read More 

ChartWatchers

We've Gone "After Hours": Pre- And Post-Market Data, Now On "Symbol Summary"

by Grayson Roze

Before I tell you what we've just done, I need to issue a formal apology. To your family, your friends, your co-workers - everyone in your circle - I am sorry... Read More 

ChartWatchers

Bank ETF Gets a Bounce, but
Falling Yields Could Spoil the Party

by Arthur Hill

After falling for over a year, the Regional Bank ETF (KRE) finally got its mojo back in the fourth quarter of 2019 and broke out to new highs. The ETF then became overextended in mid December and fell back to the 200-day SMA here in February... Read More 

ChartWatchers

The Roaring 20's

by Greg Schnell

It has been an unbelievable run in the large-cap tech stocks, as the portfolio managers have been moving their bets into a smaller and smaller circle of names. After what could only be described as euphoria, 10% annual growers have had their stocks wildly bid... Read More 

ChartWatchers

Select 5G Stocks Will Benefit From This Week's T-Mobile/Sprint Merger – Here are 3 Stocks Poised To Trade Higher

by Mary Ellen McGonagle

This week's federal court decision to allow the T-Mobile (TMUS)/Sprint (S) merger to go through has reignited select areas of the market that will be positively impacted by the boost in 5G adoption in the U.S... Read More 

ChartWatchers

Struggling Small Caps

by David Keller

"How come small-caps aren't doing better when the market's making new highs?" I've heard some version of this question many times over the last couple years, starting with the emergence of the FAANG trade... Read More 

ChartWatchers

How High Might the S&P 500 Go? History Provides Us Clues

by Tom Bowley

Embrace this rally. As far as bull markets go, this is truly the Perfect Storm... Read More 

ChartWatchers

Commodities Remain on a Knife Edge

by Martin Pring

Back in December, I wrote an article pointing out that the business cycle was nothing more than a set series of chronological sequences... Read More 

ChartWatchers

What's New: Symbol Summary, ChartList Reports, "Behind The Charts" And So Much More

by Grayson Roze

As we were walking out of a meeting the other day, my good friend Dave Keller (our Chief Market Strategist here at StockCharts) said something that momentarily floored me. It made me stop what I was doing, zoom out mentally and really reflect on the past few months... Read More 

ChartWatchers

Picking Industries from Sectors with RRG

by Julius de Kempenaer

Two weeks ago, I wrote a ChartWatchers article titled "RRG Suggests Aggressive Trade Setup for XLY vs. XLV... Read More 

ChartWatchers

Earnings Shine, Helping to Power Market Higher

by John Hopkins

The market has shown incredible resiliency lately, shaking off the coronavirus epidemic, any negative economic reports, an impeachment trial and other developments that one would think could derail stocks... Read More 

ChartWatchers

DecisionPoint Sentiment Update

by Erin Swenlin

It's been some time since I revisited my sentiment charts. I used to do a weekly sentiment update on MarketWatchers, but since then I haven't written or talked about sentiment much, so it is long overdue... Read More 

ChartWatchers

Travel Stocks Under Pressure Again

by John Murphy

My Tuesday message showed a number of travel and tourism stock groups with heavy exposure to China finding support near moving average lines; or regaining them. Today's message shows those same groups under pressure again today. Let's start with airlines... Read More 

ChartWatchers

Welcome To "Symbol Summary", Your New Favorite Research Tool On StockCharts

by Grayson Roze

"This new Symbol Summary is a game changer!" ----- "Holy smokes! The new Symbol Summary page is amazing. Like WOW. StockCharts is now truly my one-stop shop for everything stock related." ----- "I just wanted to tell you how much I am enjoying the new Symbol Summary feature... Read More 

ChartWatchers

A Bullish Hat-Trick for the Aerospace & Defense ETFs - But One is Seriously Lagging

by Arthur Hill

There are three ETFs covering the defense and aerospace group and all three recorded new highs... Read More 

ChartWatchers

Stocks Start To Diverge

by Greg Schnell

While it is only a week, it was a crackin' bounce in the high-flyers club. The bulls trotted a trail of optimism that the drive-by-shooting caused by the coronavirus was a big buying opportunity on the back of more Fed and Chinese liquidity injections... Read More 

ChartWatchers

A Proven Method To Better Predict Earnings Results and Free Webinar

by Tom Bowley

Relative strength. It seems easy enough. Wall Street meets with management teams continuously throughout the year (except during quiet periods). Analysts evaluate not only business strategy, but also business integrity... Read More 

ChartWatchers

Putting Your Best Players on the Field in a Rocky Market Environment - Defensive Plays With Growth & Yield

by Mary Ellen McGonagle

The broader markets took it on the chin today as news of a sharp increase in the number of coronavirus cases brought fear-induced selling across most areas... Read More