ChartWatchers January 29, 2022 at 12:58 AM
Earlier this month, The Money Show asked me to join other stock market experts and submit my top stock idea for this year. While the markets were in a sunnier position at that time, I'm sharing my response below, as I still believe this stock is headed much higher from here... Read More
ChartWatchers January 28, 2022 at 07:36 PM
Watchers of my show Sector Spotlight will know that I have been watching the development of commodities as an asset class that's going through a long turnaround. Recent developments continue to reinforce that view... Read More
ChartWatchers January 21, 2022 at 08:50 PM
In today's subscriber-only Diamond Mine trading room, I was asked why Carl and I think we are on the first leg of a bear market. I'm sure we're not alone in our bearish stance, but I have a few charts to provide our evidence that this is indeed the beginning of a bear market... Read More
ChartWatchers January 21, 2022 at 12:21 PM
It has been a tough January. I want to use a few charts to illustrate my point about why the real problem is just arriving. It might lead to a scenario across all of the charts (both growth and value) over the next six months to a year... Read More
ChartWatchers January 21, 2022 at 11:58 AM
Normally, the stock market is humming along and we have indicators all supporting the sustainability of that move higher. But things aren't normal right now. It started with the rotation into defensive sectors to lead the S&P 500 higher on that last final leg in December... Read More
ChartWatchers January 21, 2022 at 08:28 AM
The Nasdaq 100 ETF (QQQ) reversed its uptrend signal from April 17th, 2020 as two trend-following indicators turned bearish this week. The chart below shows QQQ with the deepest decline from a high since the 10.9% decline in February-March 2021... Read More
ChartWatchers January 14, 2022 at 08:17 PM
Inflation has hit a 40 year high due to strong customer demand amid ongoing labor and supply shortages... Read More
ChartWatchers January 14, 2022 at 08:10 PM
Technology outperformed throughout the second decade of this century, but the times they are a-changin', as it is obvious that this sector has lost enough mojo in the last year to indicate that a basic transformation in market leadership is underway... Read More
ChartWatchers January 14, 2022 at 07:49 PM
All we've been hearing about lately are Fed rate increases and inflation. This has, in turn, cast a cloud over the market as many traders head to the sidelines... Read More
ChartWatchers January 14, 2022 at 07:19 PM
Relative Rotation Graphs are mostly used to show exactly that -- the RELATIVE Rotation of securities against a benchmark and against each other. However, they offer many more possibilities. One of the options is to change the benchmark to $ONE... Read More
ChartWatchers January 07, 2022 at 07:04 PM
Included in our DP Alert daily report is a section on "Bias Assessment". We've found that, by analyzing the Golden/Silver Cross Indexes (GCI/SCI) along with Participation of Stocks > 20/50/200-day EMAs, we can determine the market bias in all three timeframes... Read More
ChartWatchers January 07, 2022 at 06:38 PM
Copper continues to be frustrating. While copper is in high demand, China is a big consumer of raw copper. It's a bit like viewing a mine site from a railway track. Can't see much, so is all we have is the price charts of the stocks to go on... Read More
ChartWatchers January 07, 2022 at 11:56 AM
Setting expectations is part of a strategy and this includes expectations for the number of signals we can expect in any given year. Signal frequency, of course, depends on your strategy and timeframe... Read More
ChartWatchers January 07, 2022 at 10:31 AM
We're about to find out. I liken the current stock market environment to stepping into The Twilight Zone or the Great Unknown. This post-pandemic market has been brutal in terms of rotation... Read More
ChartWatchers January 01, 2022 at 01:41 AM
While it was a banner year for the markets, 2021 ended with a whimper as uncertainty surrounding the impact of a surge in Omicron cases, coupled with inflation fears and a monetary policy shift, pushed defensive stocks higher... Read More
ChartWatchers December 31, 2021 at 07:44 PM
When it comes to stock market performance, it's not always about reality. Many times, perceived problems can be a bigger problem than actual problems... Read More
