ChartWatchers

November 2021

ChartWatchers

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Trouble Ahead? Or Just a Hiccup?

by John Hopkins

The news that a new variant has popped up spooked the market on Friday, with all of the major indexes getting hit hard. But the truth is the market had gotten overextended and really was in need of a pullback... Read More 

ChartWatchers

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Ignore The News

by Greg Schnell

This week has taken quite a few investors by surprise. One thing technicians have learned over the years is that the news is usually created after the price of the stock, bond commodity or index has dropped. This week is a classic example... Read More 

ChartWatchers

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DP WEEKLY WRAP: Gray Swan? - Black Friday/Cyber Monday Sale is ON!

by Carl Swenlin, Erin Swenlin

(Our holiday gift to you... today's ChartWatchers article is a reprint of today's subscriber-only DP Weekly Wrap.) Today, it was announced that we are faced with another COVID variant... Read More 

ChartWatchers

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SPY Hits the Trend Monitoring Phase: Take a Seat

by Arthur Hill

Stock futures are pointing to a sharply lower open as I write (Black Friday, before the market open). Overall, small-caps are dragging their feet again and stocks with nose-bleed valuations are getting buzz cuts... Read More 

ChartWatchers

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2 Wall Street Upgrades and 1 Activist-Led Shakeup - These 3 Stocks are on the Move!

by Mary Ellen McGonagle

Last week, the S&P 500 traded mostly sideways despite outsized gains in several heavyweight FAANMG stocks... Read More 

ChartWatchers

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Top Stock Picks Revealed

by John Hopkins

This past Thursday evening, our Chief Market Strategist Tom Bowley unveiled his "Top 10 Stock Picks" for our 4 portfolios, 40 stocks in all... Read More 

ChartWatchers

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Watch the Metal; It May Soon Be Time to Pedal

by Martin Pring

The gold price zig-zagged its way down between August of last year and April of this one. Since then, it's really been in a trading range and now looks as if it is breaking out. I'll start off by taking a look at the longer-term picture... Read More 

ChartWatchers

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Commodities Swing Wildly, But Higher

by Greg Schnell

Much has been made of the oil trade this year, and we have seen other commodities swing wildly, but higher. It continues to be a strong area for swing traders to outperform. Some of the tech names have been rocking it to the upside too... Read More 

ChartWatchers

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4 of My Favorite Earnings Reports This Quarter

by Tom Bowley

I spend hundreds of hours during each quarterly earnings season researching earnings reports, deciphering which beat revenue and EPS estimates and then annotating every one of those charts... Read More 

ChartWatchers

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The 10-yr Treasury Yield and Relative Performance for Small-caps

by Arthur Hill

The surge in the 10-yr Treasury Yield is the talk of the town this week, and last week it was the breakout in the Russell 2000 ETF and relative strength in small-caps... Read More 

ChartWatchers

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Ford vs Ferrari — The EV Race is Real and These Stocks are Set to Benefit

by Mary Ellen McGonagle

The Consumer Discretionary sector hit another new high in price last week... Read More 

ChartWatchers

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3 Major Leadership Changes in November

by Tom Bowley

Like most technicians, I take a "top down" approach when it comes to my trading strategy. I start with the overall market, which, I believe, continues to be insanely bullish... Read More 

ChartWatchers

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First People Buy Cars, Then They Need Parts (and Tires)

by Julius de Kempenaer

One of the (if not THE) most promising tails on the Relative Rotation Graph for US sectors is on XLY, the Consumer Discretionary sector. Over the last five weeks, the tail on XLY shows an almost straight line into the leading quadrant while gaining on both axes... Read More