Don't Ignore This Chart!

Old Tech Whips Up on New Tech

by Arthur Hill

The S&P 500 is up around 1.75% over the last two months, but the Nasdaq is down around 4%. Part of the reason for this discrepancy can be found in the performance of ten key tech stocks... Read More 

Don't Ignore This Chart!

Currencies Are At The Decision Point, Part Deux - Eurozone

by Greg Schnell

This article will look at the four currencies in the Eurozone that are part of $USD index.The Euro, the Swiss, the British Pound and the Krona. Earlier today I published a currency article showing the Yen, the Aussie and the Canadian Dollar all just under important resistance... Read More 

Don't Ignore This Chart!

Currencies Are At The Decision Point

by Greg Schnell

When big market moves in the $SPX or other major indexes happen, there is usually a big move in the currencies. Today, studying the non-Euro currencies reveals an interesting dilemma. This is the big picture view... Read More 

Don't Ignore This Chart!

NFLX - Have We Seen This Movie Before?

by Greg Schnell

Netflix has been a darling for the momentum stock selectors. So on a Saturday night, maybe we should watch a movie on NFLX. When I called up NFLX today, I was in awe at how similar the patterns are looking back to 2011... Read More 

Don't Ignore This Chart!

The Big Split Among Ten Key Industry Group ETFs

by Arthur Hill

The S&P 500 is up 1.64% year-to-date and the Russell 2000 is down 1.66%. This market splits is also reflected in year-to-date performance for ten key industry group ETFs. Notice that five are up and five are down... Read More 

Don't Ignore This Chart!

StockCharts Technical Rank Surges for Juniper Networks

by Arthur Hill

Juniper Networks (JNPR) is making waves because its StockCharts Technical Rank (SCTR) surged above 80 with one of the biggest SCTR gains among large-caps. Chartists can access the SCTR tables in the lower half of the home page... Read More 

Don't Ignore This Chart!

Nvidia Goes for a Flag Breakout

by Arthur Hill

Nvidia (NVDA) is showing relative strength as it breaks above consolidation resistance. The chart below shows the stock surging and then moving into a trading range that looks like a flat flag. A breakout here would signal a continuation higher... Read More 

Don't Ignore This Chart!

Is It Time To Go To $GOLD?

by Greg Schnell

Some days, its about what is not moving. That would be $GOLD. Here is the chart of GLD the tracking ETF. You can see the SCTR is at 3. This means it is behaving worse than 97% of the stocksand ETFs on the $TSX. We recently made a lower low and are below the 200 DMA... Read More 

Don't Ignore This Chart!

Another $BPNDX Clue To Match The $BPNYA

by Greg Schnell

The Nasdaq data is the most interesting in terms of change in my chart lists currently. The $BPNDX is producing similar signals to the $NDXA200R. See today's Chartwatchers newsletter for more information on that. Here is the link. ChartWatchers... Read More 

Don't Ignore This Chart!

$BPNYA - Bullish Percent Index Clues

by Greg Schnell

The concept of Bullish Percent is great. From a group of stocks, you calculate the % of stocks on a buy signal. The rest are on a sell. With PnF charts as the basis for Bullish Percent calculations, penny moves don't matter as in New Highs or the Advance Decline line... Read More 

Don't Ignore This Chart!

The $NIKK Sends An "Iceberg Dead Ahead" Signal

by Greg Schnell

The $NIKK was a leading indicator at the market tops of 2000 and 2007. The $NIKK closed today at new lows after making a big divergent high. How could the $NIKK be a leading indicator? I think the underlying cause is the carry trade with the Japanese Yen... Read More 

Don't Ignore This Chart!

Sector Rotation in a Nutshell $XLK $XLU

by Chip Anderson

Here's a chart that you should definitely not ignore: (Click on the chart for a live version.) So this is a chart of the relative strength of the Technology sector (using XLK as a proxy) versus the Utilities sector (XLU)... Read More 

Don't Ignore This Chart!

BioTech Shows Signs Of Responding To Market Medication

by Greg Schnell

Biotechs launched on Wednesday even though the overall market started out with a relatively passive tone. The Dow up 75 was nothing to sneeze at but not remarkable. When the Fed minutes were released the market absolutely popped higher. The Nasdaq finished the day up 1... Read More 

Don't Ignore This Chart!

Is Walmart A Fed Indicator?

by Greg Schnell

The Fed - Federal Reserve - has made massive accomodations over the last 4 years. Walmart WMT has been an interesting chart to watch. Lets lay it in here and analyze it with a bit of depth. First of all, the top purple shaded area plot is the SPURS - $SPX Relative Strength... Read More 

Don't Ignore This Chart!

Apple Fails to Hold Triangle Breakout

by Arthur Hill

Apple (AAPL) appeared to be breaking out with a surge above triangle resistance in late March, but this breakout failed as the stock reversed in the trend line zone and broke back below 535 on Friday. Sometimes a failed signal is as value as a signal... Read More 

Don't Ignore This Chart!

Gold Miners ETF Hits Critical Juncture near Two Key Moving Averages

by Arthur Hill

After breaking the 200-day and 50-day moving averages with a sharp decline, the Gold Miners ETF (GDX) consolidated with a small pennant. Notice that this consolidation is occurring near the 62% retracement and early February lows. This puts GDX at a critical juncture... Read More