- Rank: 15
- Followers: 83
- Votes: 210
- Years Member: 12
- Last Update: 2 April 2020, 2:19
-
Categories:Momentum Stocks
Trend Analysis
ETFs
The first two pages contain charts that measure perceptions of the overall markets. The main equity indexes (S&P500/ Dow Industrials/ Nasdaq) and key measures of bond markets, the TED Spread, Gold, Currencies, and special ratio charts in the special 'Ace way' that makes things clear and simple to see.
The 10 major Sector SPDR ETFs are tracked with Ace's favorite trend indicators and oscillators! If one understands the trends and cycles of these charts, then they will have a very good grasp of the major rotations of the smart money traders. These charts show up on Page 19 of my Chart List and their symbols begin with the letter 'X'.
The second new feature is a hand-picked selection of the IBD 50 stocks. I use many of my favored indicators on these DAILY charts, including the dynamic 13. 50, 100 and 200 MA lines. (IBD usually shows WEEKLY charts-- you can see DAILY here!) I show the proper bases on these charts as base theory is critical in the IBD 50 stock selection and CANSLIM systems. Of course, IBD 50 and CANSLIM are successful trading systems developed by Investor's Business Daily. These charts start on Page 10. I am not associated or affiliated with the IBD in any way and my charts are strictly my interpretations, Please visit their website to learn more at www.investors.com .
Finally, I have added a section known as 'the Internet of Things.' These are the 13 wonders identified by many investors as the key stocks leading the internet revolution as we enter the middle years of the 21st century. Now, track these stocks with me beginning on Page 12.
* IBD 50 and SPDR Select are trade-mark names; I claim no association with the vendors of these products. My chart interpretations are strictly one person's opinion of publicly traded stocks.
SPY showed a negative divergence in trend indicators even as it hit new highs in early 2020. This was the prelude to a potential long-term top. More recently, in March 2020, the sharp angled descent of SPY and the rapid approach of the Devil%27s Cross (13 EMA- 99 SMA down-cross) has sent out a warning of a potential stock market crash. As of 3/6/2020, the chart resembles the classic "rapid crash" of 1987. Similar to the %2787 scenario, this rapid descent is driven in part by a change in excessive dollar strength to one of greater weakness, causing a rapid re-order bond market and currency relationships-- this time being triggered by a biological event, the CoronaVirus pandemic.
This is a weekly 12 year depiction of the NYSE Advance-Decline line as measured by the 5 week EMA, 40 week MA and 80 Week MA lines
FFTY is the only ETF that actively follows the IBD 50 stock universe. The Innovator fund weights its trading positions among the 50 stocks based on both FUNDAMENTAL and TECHNICAL analysis. The ETF operates independently of Investor's Business Daily, but has license to the IBD 50 name. Visit the Innovator website for more information.
Why do some Chart Listers have hundreds or thousands of votes? The answer is they are likely cheating. One way to possibly spot them is that their vote numbers may far exceed their number of followers by many times.
According to Wikipedia: "A votebot is a type of Internet bot that aims to vote automatically in online polls, often in a malicious manner. Votebots attempts to act like a human, but conduct voting in an automated manner in order to impact the result of the poll."
Fortunately, StockCharts changed the formula a few years ago to emphasize number of visitors and followers above voters. Yet, the number of votes still seems to weigh some in the rankings and may influence viewers to tap on those chart lists which creates more impressions for them and helps their rankings. Anyway, your legitimate votes are welcome by me!
BABA is often found on the IBD 50 list.
AMD is becoming an emerging leader in IOT chips. AMD is often found on the IBD 50 list of best, fast-growth stocks. Visit www.investors.com for a current list of the IBD 50 stocks. My list is not always current.
See my IOT stock charts right here at www.StockCharts.com beginning on
page 9. Also, be sure to view my list of IBD 50 stock charts which begins on page 10. I am not affiliated with IBD, but to make sure you have the most current list of IBD 50 stocks, be sure to visit www.investors.com .
I use
www.StockCharts.com charts because there software is the best, and is always updated with current information from the exchanges.
KL is the only gold stock in the IBD 50; it is a fairly new one in the index. By late spring 2019, KL had become IBD%27s #1 stock! It has held that position for several weeks now. Perhaps that is telling us something about the gold market and the economic outlook? Please visit www.investors.com for the official and current list of IBD 50 stocks. I am not sponsored nor affiliated with the organization that publishes the list. My chart interpretations may differ from those of IBD.
My IBD list is not always consistent with the current IBD 50 list. Please visit www.investors.com for the official and current list.
NFLX is often found in the IBD 50 list. However, my list is not always current and my chart interpretations may differ from IBD%27s view . Please check the official site at www.investors.com .
CPRT has often appeared in the IBD 50 list over the years. In 2019, the venerable used car auctioneer re-appeared on the list and had climbed up to the #2 position by November. My list of IBD 50 stocks is not always current. For the official list, please visit www.investors.com . My interpretation of charts may well differ from IBD%27s views.
This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Service for more details.