The MEM Edge

April 2023

The MEM Edge

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Bank Fear Selloff Gives Way To Earnings Driven Rally - Was Last Week's Shakeout A Positive Signal?

by Mary Ellen McGonagle

The markets began last week with a sharp pullback that pushed the broader Indices toward key support, with many individual stocks breaking below support... Read More 

The MEM Edge

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MEM TV: S&P 500 Regains its Uptrend

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the short-, intermediate-, and long term outlook for the S&P 500 after last week's bullish late-week price action... Read More 

The MEM Edge

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MEM TV: Leadership Emerges in a Flat Market

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen highlights what areas are outperforming the markets and why. She also reviews top gaining stocks for the week and the best way to capitalize on further upside potential... Read More 

The MEM Edge

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Brand Name Breakouts Amid a Mixed Market

by Mary Ellen McGonagle

The stock market remains in an uptrend after modest gains for the week, which occurred amid signs that the economy is slowing down while inflation is cooling... Read More 

The MEM Edge

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MEM TV: Earnings Season Pumps Markets

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the market's price action and which sectors are outperforming as inflation fades and the economy weakens. She also shares the sharp impact that earnings are having on select stocks... Read More 

The MEM Edge

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MEM TV: Recession Fears Drive Sector Rotation

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the impact of weak economic data on the markets as defensive areas outperformed and growth stocks took a break. She also details how to identify a downtrend reversal amid sector rotation... Read More 

The MEM Edge

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Market Flashes Green Light Amid Broad-Based Rally

by Mary Ellen McGonagle

Last week, the S&P 500 put in a bottom following Wednesday's rally of 1.4% on volume, which was greater than the prior day... Read More