Don't Ignore This Chart! August 27, 2020 at 04:30 PM
On the weekly Relative Rotation Graph for the DJ Industrials universe, NKE is inside the weakening quadrant following a completed rotation on the right side of the graph (Leading-Weakening-Leading). And over the last few weeks, the tail on NKE has again started to curl back up... Read More
Don't Ignore This Chart! August 20, 2020 at 07:49 AM
Last Tuesday in Sector Spotlight, I covered the Industrials sector. While looking into the constituents of the sector and the group breakdown, it was pretty clear that the group "airlines" is not doing very well... Read More
Don't Ignore This Chart! August 18, 2020 at 08:55 PM
After an uptrend, I always look for a continuation pattern, especially when I believe we're in a major secular bull market advance. Well, look no further than Amazon.com (AMZN), which doubled in price from its March low to its early-July high... Read More
Don't Ignore This Chart! August 17, 2020 at 08:32 PM
It's been a tough period for most Restaurant stocks as lockdown initiatives have forced closures across the country... Read More
Don't Ignore This Chart! August 13, 2020 at 06:23 AM
Towards the end of May, the US stock market ($SPX) started to lose relative strength vs. other major world market stock indexes. Around that time the $SPX tail vs... Read More
Don't Ignore This Chart! August 11, 2020 at 11:41 AM
Many of the worst-hit stocks during the pandemic are leading this latest rally and, among those, are gambling stocks ($DJUSCA). The group broke out yesterday above July highs and now has its collective sight set on the June 8th closing high of 747... Read More
Don't Ignore This Chart! August 06, 2020 at 05:24 PM
We can thank one of the subscribers to my MEM Edge Report for today's chart you don't want to ignore! It's for an Exchange Traded Note (ETN) that tracks 3x the daily movements of an index of U.S. listed technology and consumer discretionary companies, with the ticker symbol FNGU... Read More
Don't Ignore This Chart! August 06, 2020 at 03:42 PM
To get some inspiration for a nice subject or stock to show in this article, I went to my dashboard, on which I have one widget that shows the most actively traded stocks in the Dow Jones Industrials index... Read More
Don't Ignore This Chart! August 05, 2020 at 02:35 PM
When a stock gaps higher and keeps running, it generally tells me that the top of gap support is what we need to concern ourselves with. It's definitely not a guarantee that it holds, but the odds are greater... Read More
