Don't Ignore This Chart!

Visa Hits New High and Chases Mastercard

by Arthur Hill

Visa (V) is leading the stock market as it breaks out of a triangle and records a fresh new high. The stock is now setting its sights on its big rival, Mastercard... Read More 

Don't Ignore This Chart!

AbbVie Surges (ABBV)

by Greg Schnell

AbbVie shot up on the open this morning with a really nice surge. The stock had been enjoying a beautiful uptrend but hit some turbulence in March. With today's move above the recent base, this looks set to resume... Read More 

Don't Ignore This Chart!

QQQ: Breakdown, Mean-Reversion Opportunity or Both?

by Arthur Hill

The Nasdaq 100 ETF (QQQ) broke down with a sharp decline the last five days and this pushed RSI(5) below 30 for a short-term oversold reading. The breakdown is bearish, but it has also created a short-term mean-reversion opportunity... Read More 

Don't Ignore This Chart!

Ever Had A Bulldozer Drive Over Your Portfolio?

by Greg Schnell

Today Caterpillar reported great earnings with almost $1 Billion beat on revenues. Huge. But the CFO mentioned that they are wondering if this might mark peak earnings for the cycle. Whoops! The corresponding move in other Industrial stocks was swift... Read More 

Don't Ignore This Chart!

Costco Breaks Triangle Line with Big Gap

by Arthur Hill

Costco (COST) is showing some upside leadership this year with a triangle breakout and challenge to the January high. Long-term trend identification is important because it sets my bias going forward... Read More 

Don't Ignore This Chart!

Bond Prices Look Set To Break Down Meaningfully

by Greg Schnell

Bond prices are rolling over at a critical place on the charts. This sends yields higher. The big 5 year picture shows the delicate place where the bonds prices are falling. It is a perfect head/shoulders top with declining momentum on each push up. This is shown on the MACD... Read More 

Don't Ignore This Chart!

American Express Goes To The Front Of The Line

by Greg Schnell

American Express jumped to the front of the line and closed on all time highs with a huge surge today. The SCTR surged back above 75 and the Relative Strength moved to new highs. Both of these are excellent indicators of strength... Read More 

Don't Ignore This Chart!

Silver Surges out of Bollinger Band Squeeze

by Arthur Hill

Industrial metals surged on Wednesday with 2+ percent gains coming in silver, aluminum, palladium, copper and nickel. The Silver ETF (SLV), in particular, finally broke out of a two-month consolidation... Read More 

Don't Ignore This Chart!

Microsoft (MSFT) Resumes The Ramp

by Greg Schnell

Microsoft has been a huge mover in the large cap space. Over the last few months, it took a rare pause on making higher highs. It looks ready to start climbing again. The SCTR continues to be up in the top 25% and is currently at 90... Read More 

Don't Ignore This Chart!

Analog Devices Reverses Course at Key Retracement

by Arthur Hill

Analog Devices (ADI) is a large semiconductor stock and a leader in the internet of things (IoT). The stock is in a long-term uptrend and recently broke short-term resistance to reverse a short-term pullback. First and foremost, the long-term trend is up... Read More 

Don't Ignore This Chart!

This Network Hardware Company Is Soaring

by Greg Schnell

As the market broke out above a 3-week top, this network hardware maker jumped up to new highs. The SCTR is in the top 5 %, the Full stochastic is bouncing at 50 which is usually a nice bull trait. The stock broke through an 18 month resistance level at $150... Read More 

Don't Ignore This Chart!

Looking For All Time Highs

by Greg Schnell

The energy sector has been a roller coaster of emotions with very little profit showing up for investors. The whipsaws have been large. This week the energy charts changed complexion as oil proceeded to break out. One stock that is showing up on the radar is Suncor Energy... Read More 

Don't Ignore This Chart!

Frontier Markets are Outperforming US Market

by Arthur Hill

The Frontier Markets ETF (FM) has been outperforming the S&P 500 SPDR (SPY) since summer and held up much better than the US market in March-April. FM recently broke out of a consolidation and it looks like the bigger uptrend is continuing... Read More 

Don't Ignore This Chart!

Do You Like Cake?

by Greg Schnell

With the big rally in the market on Thursday, some stocks broke above resistance. One of those stocks appeared in the restaurant industry today. The Cheesecake Factory (CAKE) looks pretty good here. The SCTR is moving above 75. The relative strength is clearly outperforming... Read More 

Don't Ignore This Chart!

Under Armour (UAA) Climbs Above

by Greg Schnell

A lot of the clothing retailers have been out of favor for a while. Recently, some significant moves have taken place in retailers. ANF, TPR, NKE have all pushed up in the last six months... Read More 

Don't Ignore This Chart!

DSW Takes the Lead with a New High

by Arthur Hill

The S&P 500 is well below its January high and trading near its February low. DSW, in contrast, hit a 52-week high last week and is clearly leading the market. The chart shows DSW with a choppy advance from mid August to mid November and then a choppy consolidation... Read More 

Don't Ignore This Chart!

This Pharmaceutical Company Is Looking For Ignition

by Greg Schnell

Pharmaceutical companies have to do a lot to get their technologies off the ground.There are many major risks along the way and many companies falter. Rocket Pharmaceuticals (RCKT) is a great chart and this week it makes it onto the Don't Ignore The Chart list... Read More