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DP Trend Model Neutral Signal on Technology ETF (XLK)

by Erin Swenlin

The Technology ETF (XLK) looks a lot like the SPY (see DecisionPoint Blog article, "Double-Top and Initiation Impulse Spell Trouble") which is not a good thing right now... Read More 

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Gold (GLD) Pulls Back To Test The 200 DMA

by Greg Schnell

Gold is getting a rough ride the last few days. Today the Gold Tracking ETF (GLD) pulled back to test the 200 DMA. This is typically an important line in the sand. If it can hold here and start to move higher that would be significant... Read More 

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Bond Market Says Lower Rates Ahead

by Arthur Hill

Another Fed statement has come and gone, and Treasury bonds simply continue to march higher. The chart below shows the 7-10 YR T-Bond ETF (IEF) hitting yet another 52-week high today with a big move above 110... Read More 

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Retail SPDR Holds Key Area and Shows Relative Strength

by Arthur Hill

The chart below shows the Retail SPDR (XRT) bouncing off a support zone and remaining in an uptrend. For relative strength, the first indicator window shows the StockCharts Technical Rank (SCTR) above 90, which means XRT is in the top 10% of our ETF universe... Read More 

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How Much Wood (WOOD) Can A WoodChuck Chuck?

by Greg Schnell

The iShares Lumber Related ETF (WOOD) has been stuck in a wide trading acreage for the better part of a year. Today it made a decisive move to the upside. Today it was the tallest twig on the chart... Read More 

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Starbucks (SBUX) Sends The SCTR Skyward

by Greg Schnell

Starbucks (SBUX) reported earnings yesterday. The earnings were good but the power in the stock move was based on the earnings call. Howard Schultz, Chief Barista for the investors brew, was glowing about the opportunities in Asia. Here is the chart... Read More 

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Blackrock Leads Assets Managers Group Higher

by Arthur Hill

The finance sector came to life on Thursday with leadership from banks ($DJUSBK) and asset managers ($DJUSAG). The chart below shows asset manager Blackrock holding its breakout and surging off support with a big move above 355... Read More 

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Six Semiconductor Stocks Lead on SCTR MarketCarpet

by Arthur Hill

The image below comes from a MarketCarpet for the Nasdaq 100. It is set to show the biggest changes in the StockCharts Technical Rank (SCTR). The biggest gainers have dark green boxes and the biggest losers have dark red boxes... Read More 

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NetFlix (NFLX) Shows A Flicker Of Upside

by Greg Schnell

Netflix (NFLX) has introduced the world to the easiest way to spend a day watching a series of shows one after the other. It is remarkable how a technology can change a behaviour of adults so fast... Read More 

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Chocolate Always Looks Great! Hershey Hits New Highs

by Greg Schnell

As we head into Valentine's day, Hershey's breaks out. It has had a smooth climb for a while now. This is part of Consumer Staples. As a defensive sector, we can see the growth in the stock price since the October lows... Read More 

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Time To Start Thinking About A Long Bond Reversal ($USB)

by Greg Schnell

It has been a huge move on the $USB from one end of the spectrum to the other. It was a year ago that we discussed getting long the TLT which represents the long bond. With the extreme move over the last three weeks, we have reached the upper trend line... Read More 

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Consumer Discretionary Sector Turns Deep Red, But Utilities See Green

by Arthur Hill

The Sector MarketCarpet shows serious selling pressure in the consumer discretionary (cyclical), energy and technology sectors on Thursday because they are the deepest red. In contrast, the utilities sector is bright green because utility stocks advanced as money sought yield... Read More 

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Mavenir Systems (MVNR) Makes 6 Month Highs On Big Volume

by Greg Schnell

Mavenir Systems (MVNR) announced an acquisition today. The volume absolutely soared on the stock and the price broke to new highs. With the huge intra day range on the stock, it also mirrored the huge volatility of the day in the market. Mavenir IPO'd in November 2014... Read More 

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Sector PerfChart Shows A Defensive Start to 2015

by Arthur Hill

The sector PerfChart shows year-to-date performance for the nine sector SPDRs and SPY. Three sectors are up, six are down and SPY is down fractionally. The HealthCare SPDR (XLV) was the second best performing sector in 2014 and it is the best performing sector so far this year... Read More 

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Are The Railways Getting Derailed?

by Greg Schnell

One of the great additions to StockCharts in 2014 was the RRG Charts. They help us visualize an entire group of stocks relative to the $SPX or whatever indicator you choose to compare to. When everything is pointing to the top right, the industry group is in an uptrend... Read More 

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Microsoft Forms Second Candlestick Reversal in Four Weeks

by Arthur Hill

Microsoft (MSFT) sprang to life with a harami on Tuesday-Wednesday and a gap up on Thursday. This gap confirmed the harami and should be considered bullish as long as it holds. A move back below 46 would fill the gap and negate this reversal... Read More 

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The Real Estate Industry Group Starts To Out Perform The S&P 500

by Greg Schnell

The Real Estate industry group ($DJUSRE) has been running up in tandem with the S&P 500 ($SPX). However, since the first of the year it has started to outperform the $SPX. This past week has seen the REITs and property managers moving up... Read More 

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SCTR Surges for Molson Coors

by Arthur Hill

StockCharts users can view the StockCharts Technical Rank (SCTR) tables on the home page and even focus on the big movers by clicking the "top up" tab. I noticed Molson Coors (TAP) with a big move and interesting chart... Read More 

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The Rails Are At A Very Important Junction

by Greg Schnell

I have been watching the rails as an industry that has business cycles. Even 20 years ago, the rails were very cyclical. With the volume of oil slowing dramatically after everyone has ordered rail tankers this looks problematic... Read More 

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Ultra-Short-Term Initiation Impulses

by Erin Swenlin

The DecisionPoint ultra-short-term indicator suite consists of the Climactic Volume Indicator (CVI), Participation Index (PI) and Net Breadth Indicators. This indicator set exploded with very negative climactic readings today... Read More 

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Home Construction and Retail Finish the Year Strong

by Arthur Hill

The S&P 500 took a dip on the last trading day of 2014, but several home construction and retail stocks bucked the selling pressure. Chartists can easily separate the winners and losers using the Sector Market Carpet... Read More