Don't Ignore This Chart!

February 2019

Don't Ignore This Chart!

Is This Stock Breaking Out Or Building A Major Top-Formation?

by Julius de Kempenaer

On the weekly Relative Rotation Graph for US sectors, XLI, the Industrials sector is crossing over into the leading quadrant from improving. This indicates further improvement for Industrial stocks compared to other segments of the market... Read More 

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A Rejuvenated Regeneron Leads Biotech Group

by Arthur Hill

It is a mixed bag for the big biotech stocks this year. Of the top ten stocks in IBB, five are underperforming SPY and five are outperforming. Regeneron is slightly outperforming SPY this year and sports a bullish pattern on the price chart... Read More 

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Etsy (ETSY) Finds New Buyers

by Greg Schnell

Every day, we continue to see big name stocks join the new 52-week highs. This week, a great chart of ETSY kept finding new buyers at higher prices. The stock has been a top performer since May of 2017... Read More 

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Vertex Forges Bullish Setups on Two Timeframes

by Arthur Hill

The daily chart for Vertex (VRTX) is quite a mess with several dips under the 200-day SMA over the last ten months, but a short-term bullish pattern is shaping up and the weekly chart also sports a bullish setup... Read More 

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Making Money Out Of Thin Air

by Greg Schnell

There is a small business in Canada called Vitality Air, which compresses air from Banff National Park and sells it around the world for people to breathe and smell... Read More 

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Where Is The Volume?

by Julius de Kempenaer

My last article in the RRG blog looks at sector rotation for US sectors and how there are some disconnects between groups of sectors on both the daily and the weekly time frames... Read More 

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Pfizer Bids to End Correction

by Arthur Hill

When sitting down to a chart, or even standing, establishing the direction of the bigger trend is the first task. The direction of this trend establishes my trading bias and tells me where to focus... Read More 

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Gold Surges And Carries The Miners Higher

by Greg Schnell

Gold and gold minings stocks surged to start the trading week. What makes this so important is this is the first 52-week high in the gold mining stocks since the 2016 spring surge. Pay attention to the industry group as well as the industrial metals... Read More 

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This Marathon Stock Has Had Marathon Buying

by Greg Schnell

Marathon Oil (MRO) has had two marathon buying days with massive volume. While Day One didn't see any price movement on large volume, Day Two sure did. The price has just moved out of a short 2-month base and looks set to accelerate from there... Read More 

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JP Morgan deteriorates further on Relative Rotation Graph

by Julius de Kempenaer

One of the choices in the drop-down selection on the Relative Rotation Graphs page is the DJ-industrials (Dow 30 Industrials). This RRG shows the rotation of all 30 Dow stocks against the $INDU... Read More 

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DR Horton Builds A Base To Stair Out Of (DHI)

by Greg Schnell

D.R. Horton (DHI) has been in a year-long down trend. Yesterday, on the back of a broad move by the indexes higher, DHI broke above a long downtrend line... Read More 

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CBOE Holdings Fails to Bounce

by Arthur Hill

We are 29 trading days into 2019 and the S&P 500 is up a very respectable 9.49%. Furthermore, some 465 stocks in the S&P 500 are up year-to-date, which means 35 are down year-to-date. CBOE Holdings (CBOE) is one of these stocks (-3... Read More 

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Microsoft Bids for a Momentum Shift

by Arthur Hill

Microsoft is battling the rising 200-day moving average and making a bid to shift momentum back to the bulls. The chart shows MSFT falling along with the market from October to December and then rebounding sharply in January... Read More 

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Germany Suffers A Setback Worth Watching

by Greg Schnell

This rally has been great, lifting portfolios around the world. With lots of optimism helping the market here, there are some worldwide charts that I reviewed on the Weekly Market Roundup show. There is a link to the video further down in this article... Read More 

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Save This Chart To Keep Track Of The Yield Curve Interaction With The Economic Cycle

by Julius de Kempenaer

The chart that I want to share with you today is part of a (bigger) research project that I am doing with regard to the various phases in economic cycles and their relation to the (shape of) yield curve. The chart above shows the S&P Index in the main panel... Read More 

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REITs, Utes and Healthcare Lead New High List

by Arthur Hill

Chartists looking for the sectors with the most stocks in strong uptrends can turn to the High-Low Percent indicators. High-Low Percent equals new 52-week highs less new 52-week lows divided by total issues... Read More 

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Fastenal Starts Speeding Up (FAST)

by Greg Schnell

Recently, Fastenal has been building a bias to the upside. Its December low, notably, was higher than its previous low in October, which itself had improved upon the prior June low... Read More 

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Amazon and the Seismic RSI Shift

by Arthur Hill

The overall trend for Amazon shifted from bullish to bearish in October and RSI caught this shift. Before looking at RSI, let's review price action and the bigger trend at work... Read More 

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Jinkosolar Stares At A SunRise (JKS)

by Greg Schnell

Jinkosolar has been on a big roller coaster loop for the last two years. In recent weeks, the stock has started to break out; this week, the move has been 9% in the first four days... Read More