ChartWatchers

October 2021

ChartWatchers

Blog Article Title Image

Earnings Season Presents Great Buying Opportunities

by John Hopkins

Tesla (TSLA) reported its earnings last week with the stock getting a nice boost in spite of a steady move higher since its mid May low. In fact, the company notched an all-time high on Friday as it exceeded $900 for the first time... Read More 

ChartWatchers

Blog Article Title Image

Fed Chair Fears Inflation - Here's An Uptrending Area And Stocks That Are A Great Hedge

by Mary Ellen McGonagle

Fed Chair Powell signaled new concerns about inflation today after remarking that global supply-chain constraints and shortages that have led to elevated inflation "are likely to last longer than previously expected"... Read More 

ChartWatchers

Blog Article Title Image

What You Need to Know About Universes and Benchmarks on RRG

by Julius de Kempenaer

The two crucial elements of a Relative Rotation Graph (RRG) are the "universe" and the "benchmark". The Benchmark The benchmark for a Relative Rotation Graph is the common denominator for all securities that are present in the universe... Read More 

ChartWatchers

Blog Article Title Image

Mortgage Rates are Rising - This Chart Says They Will Move Higher Still

by Carl Swenlin, Erin Swenlin

(This is an excerpt from Thursday's (10/14) DecisionPoint Alert) We want to watch the 30-Year Fixed Mortgage Interest Rate, because, for the most part, people buy homes based upon the maximum monthly payment they can afford... Read More 

ChartWatchers

Blog Article Title Image

Follow Through with A Big Participation Pop

by Arthur Hill

Stocks surged for the second Thursday in as many weeks, but this Thursday's surge was a lot different than the previous week. This week's surge featured a strong open and strong close as well as the strongest breadth in four months... Read More 

ChartWatchers

Blog Article Title Image

Finding Stocks Under Heavy Accumulation - Three Examples of What I Look For

by Tom Bowley

On September 28th, I wrote a "Trading Places" blog article titled "Rising Yields Have A History of Favoring These Stocks; One Such Stock is Being Heavily Accumulated"... Read More 

ChartWatchers

Blog Article Title Image

Starting the Fall Run

by Greg Schnell

After a month of wandering sideways, the market seems to be finding its legs as we enter prime time for earnings season. We have a PPO buy signal showing up, just as the market returns to the 50-DMA moving average... Read More 

ChartWatchers

Blog Article Title Image

A Stealth Area of the Markets is Heating Up - Here Are Three Stocks That'll Benefit

by Mary Ellen McGonagle

The broader markets have been struggling amid inflation and interest rate fears that have collided with a global energy crisis. After peaking in price in early September, the S&P 500 has been in a downtrend that it's been struggling to reverse... Read More 

ChartWatchers

Blog Article Title Image

A Run on Banks

by Julius de Kempenaer

On the Relative Rotation Graph for sectors, the tail on XLF is showing one of the most promising rotations, being inside the improving sector and traveling at a strong RRG-Heading towards leading... Read More 

ChartWatchers

Blog Article Title Image

The Secret to Selecting the ETFs that are Right For You

by Tom Bowley

I have two reasons for writing this article. First, I'm hosting a FREE webinar relating to ETF selection on Saturday morning that I'll discuss later... Read More 

ChartWatchers

Blog Article Title Image

Step Aside Chairman Powell, Mr. Market is Tightening for You

by Martin Pring

Last week, the Fed announced that tapering is likely to begin later in the year, to be later followed by a leisurely hike in rates. As usual, those pesky impatient markets have decided to raise rates now rather than wait for the clobbering they know they will get later... Read More 

ChartWatchers

Blog Article Title Image

Two More Climax Days Last Week That Were on the Mark

by Erin Swenlin

In last week's ChartWatchers newsletter, I wrote about the climax days that occurred the previous week. We saw two more last week and I'll give you the heads up that today we saw an upside initiation climax... Read More 

ChartWatchers

Blog Article Title Image

Let Charts Help You Identify Possible Winners - And Losers

by John Hopkins

With Q3 earnings season kicking off over the next few weeks, it's important to try to identify those companies that might shine and those that might suffer once they release their earnings... Read More 

ChartWatchers

Blog Article Title Image

A Strong Uptrend and Bullish Continuation Pattern for this Agriculture ETF

by Arthur Hill

Chartists looking to trade in the direction of the bigger trend have two options. First, take trend signals and act when the trend turns up... Read More 

ChartWatchers

Blog Article Title Image

Setting Up The Fourth Quarter

by Greg Schnell

I rode the rails through western Canada last week on the Rocky Mountaineer. This particular tour uses the freight railway lines that run through the Rockies; I traveled on the CP Rail line as well as the CN Rail line. Railways are a great clue to the health of the economy... Read More