The MEM Edge

February 2024

The MEM Edge

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MEM TV: Simple Way to Identify a Buy Point in NVDA

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews what drove the markets to new highs and what areas are outperforming... Read More 

The MEM Edge

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This Beaten-Down Magnificent Seven Stock is Poised to Regain Its Leadership Status

by Mary Ellen McGonagle

Going into last week, the Magnificent Seven stocks were looking more like the Magnificent Four. Leadership within the group became more concentrated, with Amazon, Meta, Microsoft and Nvidia having done most of the heavy lifting... Read More 

The MEM Edge

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MEM TV: Risk-On Trades Emerge Amid Big Tech Selloff

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the sloppy week for the markets, driven by the key economic data that was released. We saw interest rates rise, which had some other carry-on impact... Read More 

The MEM Edge

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MEM TV: Best Way To Participate in Stronger Areas of The Market

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews why the markets continue to hit new highs while also highlighting which areas are driving this strength. She then shares a low-risk, simple way to participate in the uptrend among these stronger areas... Read More 

The MEM Edge

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Strong Earnings Is Driving Sector Rotation Into These 2 Groups

by Mary Ellen McGonagle

It was a choppy push to new highs for the S&P 500 this week, after a sharp drop Wednesday on Fed news was followed by a recovery rally on the heels of strong earnings from select Magnificent 7 names... Read More 

The MEM Edge

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MEM TV: Here's How to Trade Gaps Up After Earnings!

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the market's recovery from Fed Chair Powell's comments on Wednesday, sharing exactly what drove the S&P 500 to new highs... Read More