On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson tours you through the chart annotation tools in both SharpCharts and ACP, our Advanced Charting Platform. Along the way, you’ll see some helpful tips and tricks that will enhance your drawings and streamline your annotating experience. With shortcuts and hotkeys, you’ll […]
Broad Market Rally a Turning Point
Today we saw broadening of participation by comparing the percentage change of the cap-weighted version of the S&P 500, SPY (+1.50%), versus the equal-weighted, RSP (+2.25%), which shows that today RSP advanced 52% more than SPY. Our biggest beef with the SPY rally was that it wasn’t broad. It was […]
Broad-Based Rally Puts Markets in Bullish Position
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews what’s pushing the markets above resistance and how you can capitalize. She also highlights this week’s rally in Bank stocks and whether the group is in an uptrend. This video was originally broadcast on June 2, 2023. Click on the […]
Tips n’ Tricks to Instantly Enhance Your Chart Annotating
On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson tours you through the chart annotation tools in both SharpCharts and ACP, our Advanced Charting Platform. Along the way, you’ll see some helpful tips and tricks that will enhance your drawings and streamline your annotating experience. With shortcuts and hotkeys, you’ll […]
The Bull Case for Energy is Clear
What compels me to write a bold headline claiming one sector is obviously poised to break out to the upside? As a trend follower, I have three goals every day: identify trends, follow those trends, and anticipate when those trends may reverse. Simple, right? Energy has been the worst-performing sector […]
The AI Boom That Catapulted Tech’s Impressive Weekly Outperformance
It’s no surprise that the Technology sector was the most talked-about sector of the past several weeks. AI FOMO was everywhere on Wall Street as Nvidia (NVDA) and other AI stocks pulled ahead of their non-AI counterparts. In the end, Tech stocks, in general, kept the Nasdaq well ahead of […]
Gold’s Model Calls for Crude Oil Bottom
Gold is valuable, not just because you can sell it for a lot of money, but also because it gives us answers that we cannot get anywhere else. Gold serves as a great leading indicator for lots of things, leading the changes in grain prices by about 15 months and foretelling […]
Some New Charts Suggest This Leg Continues
Investor interest seemed to be restricted to semiconductors and software. This week, it appears to be widening out into new areas for a move higher. It’s been a long time since anyone loved the ARK series of funds, but the ARKK has an SCTR above 75, suggesting a strong move […]
How To Benefit From a Big Rotation in Asian Markets
It’s been a while since we discussed international stock markets. Above is the Relative Rotation Graph that shows the rotation for a group of international stock market indices against $DJW, The Dow Jones Global Index. Looking at this chart I see two big(ger) rotations that are probably worth tracking and […]
Docusign Stock: Does It Look Promising, or Still Iffy?
During the pandemic, homes were buzzing with activity. Video calls, online convos, signing documents electronically… the list goes on. Now that things have normalized, some of those activities aren’t as central to our lives as they used to be, and thus many of the “pandemic” stocks lost value. But now, […]