Don't Ignore This Chart!

September 2019

Don't Ignore This Chart!

Earnings Gaps Provide Excellent Reward To Risk Trades

by Tom Bowley

Trading gaps from earnings is a big part of what I do. The reason is simple. When a company provides market participants new information, as a quarterly earnings report does, a new set of buyers and sellers emerge... Read More 

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What Smart Marijuana Investors Need To Know

by Greg Schnell

The legalization of marijuana in Canada has led to more than 100 companies racing into the marijuana space to mark out their niche. Investors and companies enthusiastically philosophized about the riches to come after Canada's Prime Minister set the date for legalization... Read More 

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VZ Calling Home?

by Julius de Kempenaer

On the weekly Relative Rotation Graph holding the Dow 30 stocks, we can see Verizon (VZ) shooting from the improving quadrant towards leading. The RRG below shows VZ in isolation... Read More 

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The $VIX Thrust Isn't Pixie Dust!

by Greg Schnell

Over the weekend, I was very surprised to see how many industry groups had stalled last week as we attempted to go through to new highs. Some lodged failed breakouts, while others reversed before breaking out. A good example was the SMH (semi's ETF)... Read More 

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Here Is Another Sector Breaking To New Highs!

by Julius de Kempenaer

Today, I posted a Relative Rotation Graph for US sectors on my Twitter and Instagram feeds highlighting the clear split between some sectors now visible on the daily timeframe... Read More 

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Bending Aluminum - Alcoa Turns

by Greg Schnell

Alcoa (AA) is one of the beaten-down names in the commodity space. With the XLI breaking out to new highs this week, all of the industrial metal stocks look set to run, and Alcoa could be one of the gems that makes a big move... Read More 

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LRCX is Breaking To New Highs While Relative Strength is Picking Up

by Julius de Kempenaer

On the Relative Rotation Graph for technology stocks, LRCX stands out, with its relatively long tail and its push into the leading quadrant at a strong RRG-Heading. Such a rotation is more than enough reason to open up a regular chart for further investigation... Read More 

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Can JPM Hit 52-Week Highs This Week?

by Greg Schnell

Remember the slaughter in financials on the back of low yields? Well, with the bonds reversing, all the banks are now taking a big run up. J.P. Morgan, the guy, would be happy to see his stock so resilient in the face of declining interest rates. The current guy running J.P... Read More 

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Scanning For Stocks With Strong Technicals AND Strong Fundamentals

by Tom Bowley

I maintain a "Strong Earnings ChartList", where I organize those companies who (1) beat Wall Street consensus estimates as to both revenues and earnings per share (EPS), (2) have adequate liquidity (generally trade more than 200,000 shares daily), and (3) have shown solid technic... Read More 

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Twitter Leaves the Consolidation Tree

by Greg Schnell

Twitter has been in the news for all kinds of reasons; from controlling foreign influence to blocking political party messages, the company seems to have all kinds of public relations issues... Read More 

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Is This Stock Ready For a Turnaround - or Just a Quick Bounce?

by Julius de Kempenaer

The Relative Rotation Graph (RRG) above is the result of a scan that I am running from time to time. Before you ask... ;) in an upcoming RRG Charts blog, I will explain how I got to this selection of stocks, including the scan-code... Read More