The MEM Edge

August 2023

The MEM Edge

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MEM TV: Nasdaq Close to New Uptrend with These Bullish Signals

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the strength in Tech-heavy Nasdaq and highlights what to be on the lookout for to signal a new uptrend. She also reviews positive high yield stocks for those more cautious on the markets... Read More 

The MEM Edge

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Today's Price Action Could Be the Start of a Rally Attempt

by Mary Ellen McGonagle

The market's August slump deepened this past week, with each of the major Indexes dropping more than 2% as Treasury yields hit a 15-year high... Read More 

The MEM Edge

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MEM TV: Should You Buy the Dip? Here's How to Prepare Your Watchlist!

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews what's driving these markets lower, as well as key areas of support. She also shared best practices for putting your watchlist together so you can participate in the market's new uptrend... Read More 

The MEM Edge

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MEM TV: Check Out These Bright Spots in a Weak Market

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the downtrend taking place in the Nasdaq, as well as sharing what's driving weakness. She also highlights why the Dow is remaining positive as well as key Value stocks poised to trade higher... Read More 

The MEM Edge

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Tech Wreck Leads Markets Into a Downtrend -- Here's Where Key Support Lies

by Mary Ellen McGonagle

According to the Stock Trader's Almanac, August has been the weakest month for the Dow and the second-worst month for the S&P 500 since 1987. (September is the worst month)... Read More 

The MEM Edge

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MEM TV: Nasdaq & S&P Enter Downtrends After Tough Week

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews what drove the markets lower, as well as key area of support for the broader market indices. She also shares areas that remain positive and why, and provides example stocks... Read More