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Utilities Sector Heads to Lagging Quadrant on RRG

by Arthur Hill

There is a new feature in town: Relative Rotation Graphs from Julius de Kempenaer. These graphs make it easy to see which sectors are improving, leading, weakening and lagging... Read More 

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Yelp (YELP) Jumps Before Earnings

by Greg Schnell

Yelp (YELP) is reporting earnings after the bell, but the market appears to think it is going to be great! The stock is up over 8% and the earnings come out at 4:30 EST today. Every signal turned green today with the price gapping above the 200 DMA... Read More 

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Wynn Breaks Out with Good Volume and Relative Strength

by Arthur Hill

I was looking through the list of large-cap stocks with the biggest gains in their StockCharts Technical Rank (SCTR) and found Wynn Resorts with a huge move (+24.8 to 78). Wynn is now in the top 23 percent of large-caps for relative strength based on the SCTR... Read More 

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J C Penney (JCP) Starts To Outperform

by Greg Schnell

J C Penney (JCP) is a crazy chart that was decimated by a dramatic change in marketing strategy. Recently, a new management team was put in place to revive the brand. Here is a view of the chart and what makes it particularly compelling to watch... Read More 

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Precious Metals Lag their Industrial Counter Parts

by Arthur Hill

The PerfChart below shows the Base Metals ETF (DBB) along with seven other metal-related ETFs. Notice that the Aluminum ETF (JJU) and Palladium ETF (PALL) are the big leaders. Meanwhile, the Gold SPDR (GLD) and the Silver ETF (SLV) are the laggards... Read More 

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Cocoa Bucks the Selling Pressure in Agriculture ETFs

by Arthur Hill

The PerfChart below shows the Multi-sector Agriculture ETF (DBA) along with six other agriculturally based ETFs. Five of the six got slammed over the past month with the Corn Trust ETF (CORN) and Soybean Fund (SOYB) posting double digit losses... Read More 

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iShares BRIC (BKF) Breaks Out

by Greg Schnell

We keep wondering when the global economy is going to improve. Well, India has been on a tear for a while. China, Russia and Brazil have not been able to break out. That might be changing. Here is the chart for the iShares BRIC Countries (BKF)... Read More 

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Baltic Dry Index ($BDI) Revisits The Major Lows

by Greg Schnell

The shipping rates represented by the Baltic Dry Index ($BDI) just can't seem to get a break. With rates soaring to huge highs in 2007, new ships were ordered well into the future... Read More 

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Rough Week Leaves DIA the Last Man Standing

by Arthur Hill

Stocks came under selling pressure over the past week with small-caps bearing the brunt. The PerfChart below shows the performance for eight major index ETFs over the past week. Seven are down and only one is up. The Dow Diamonds (DIA) has the only gain... Read More 

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Change Your View On $$GDP

by Greg Schnell

Gross Domestic Product ($$GDP) is the broad view on the economy. Normally there is some tracking of the stock market with Gross Domestic Product. The top graph shows the USA GDP in Millions of Dollars... Read More 

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A Rather Dull Advance for the S&P 500

by Arthur Hill

The S&P 500 is up over 6% since mid April, but this advance has been about as boring as they get. Note that this key benchmark has not moved more than 1% since April 16th (hat tip crossingwallstreet.com)... Read More 

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Solar Energy ETF Tests Key Moving Averages

by Arthur Hill

After a wedge breakout in late May, the Solar Energy ETF (TAN) is testing this breakout and two key moving averages in July. Notice how the 50-day and 200-day moving averages converge in the 40-41 area. TAN is currently above both and the 50-day is above the 200-day... Read More 

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Alaska Air Bucks the Selling and Remains Strong

by Arthur Hill

Alaska Air (ALK) fell sharply in early June, established support just above 46 and bounced off this support zone the last few days. This is impressive considering the selling pressure that hit the market this week. Notice the hollow, or white, candles... Read More 

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VIX Seasonality Shows a Strong Tendency in July

by Arthur Hill

There are seasonal tendencies and then there are STRONG seasonal tendencies. Over the last 20 years, the S&P 500 Volatility Index ($VIX) has moved higher 80% of the time in the month of July. This follows the weakest month, June, which shows a rising VIX just 25% of the time... Read More 

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Emerging Markets ETF (EEM) Tries To Break Out Again

by Greg Schnell

The Emerging Markets ETF (EEM) is an all encompassing ETF for the emerging markets. Currently, the world is very bullish, but the EEM has traded sideways for years. Recently, I published a blog on the EEM back in May. You can read that blog here by clicking through on this link... Read More 

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A Rough Week for Utilities

by Arthur Hill

It was a short week, but stocks moved higher with eight of the nine sectors gaining. As the PerfChart below shows, the consumer discretionary and technology sectors led with 2+ percent gains. The utilities sector was the lone loser with a 2.83% loss... Read More 

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Shooting Star Takes Shape in Apollo $APOL

by Arthur Hill

Apollo (APOL) hit resistance at broken support last week and then formed a shooting star this week. This shooting star represents a failed intraday rally. Notice how the stock surged to 32 on Tuesday and then fell to close near 31... Read More 

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There Is Gold To Be Found In A Few Places This Summer - GDX

by Greg Schnell

Gold. That shiny metal that is all the rage even when it is on a sell signal! Something caught my eye on the miners and it was that shiny little indicator SCTR. However, something is pretty compelling on this chart... Read More