Art's Charts

June 2023

Art's Charts

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Chart and Trend Signals Align for Datadog

by Arthur Hill

It does not always happen, but sometimes the indicator and chart signals align to send a powerful message. Datadog (DDOG) sports a confirmed bullish reversal on the price chart and a trend signal from the Trend Composite... Read More 

Art's Charts

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Limited Leadership, but Still Plenty of Choice

by Arthur Hill

The weight of the evidence remains bullish for stocks, but this is not a bull market that lifts all boats. It is a relatively selective bull market led by technology, housing and a few other groups. This is not necessarily bad... Read More 

Art's Charts

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The Nasdaq 100 vs the Rest of the World

by Arthur Hill

A long-term chart shows why the Nasdaq 100 is the place to be, or at least, "was" the place to be. Past performance does not guarantee future performance. The performance chart below shows the 16+ year percentage gain for QQQ and five other ETFs... Read More 

Art's Charts

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QQQ Breaks Away from DIA

by Arthur Hill

Trend-momentum strategies that trade stock-based ETFs should require two conditions before considering a position. First, broad market conditions should be bullish. This means being long stocks in bull markets and out of stocks in bear markets... Read More