The MEM Edge

May 2023

The MEM Edge

Blog Article Title Image

Here's a Fresh Look at the Markets Using a Longer-Term Lens

by Mary Ellen McGonagle

We're at a potentially exciting juncture in the markets, with bigger trend shifts shaping up that you might find surprising... Read More 

The MEM Edge

Blog Article Title Image

MEM TV: S&P 500 Inches Above Resistance

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the broader market's move following the strong earnings report from Nvidia (NVDA) Wednesday afternoon. She also discusses which areas were most impacted and how you can capitalize on the renewed interest in AI... Read More 

The MEM Edge

Blog Article Title Image

Top AI Add-On Plays After Nvidia's Strong Earnings Report

by Mary Ellen McGonagle

Shares of Nvidia (NVDA) soared today after the company reported earnings that were well above estimates. Most impressive, however, was the company's estimates for next quarter's revenues, which were more than 50% above what Wall Street projected... Read More 

The MEM Edge

Blog Article Title Image

Consumer Staples Stocks Have Broken Key Support - Here's What You Need to Know

by Mary Ellen McGonagle

The Consumer Staples sector closed below its key 50-day moving average yesterday and is on track to be the worst-performing area for the week. This underperformance began last week and took place along with other defensive areas of the market, such as Utilities and Healthcare... Read More 

The MEM Edge

Blog Article Title Image

MEM TV: Breakouts and Downtrend Reversals in Key Areas

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews buying opportunities after last week's break of the markets above its six-week trading range. She also highlights leadership areas and the best ways to capitalize... Read More 

The MEM Edge

Blog Article Title Image

High-Yield Opportunities for an Uncertain Market

by Mary Ellen McGonagle

The markets remain in a tight trading range amid mixed inflation data and a slowdown in the number of earnings being reported last week... Read More 

The MEM Edge

Blog Article Title Image

MEM TV: Top Strategies to Outperform This Market

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews ways to outperform during this tough market. In addition to sharing pockets of strength, she also highlights stocks in a position to trade higher after reporting strong earnings... Read More 

The MEM Edge

Blog Article Title Image

MEM TV: Strong Earnings Push Deeply Oversold Stocks Higher

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the broader markets to determine where we may be headed over the near term... Read More