The trend for stocks is down. When they do rally, they scream dead-cat bounce. And bonds keep going out at new all-time highs every week. Gold is at its...
Did you see Consumer Staples go out at new multi-year relative highs yesterday? The strength is in Staples, not in Banks or Industrials, for example, which keep making new relative lows.
It's hard to have a conversation about the previous bull markets in the United States without including Apple $AAPL. It hit a Trillion Dollar market cap and actually doubled in value last year, believe it or not. This is the poster child for big...
The market rallied almost 20% in just three days after making new lows last Monday. Stocks recently sold off in record fashion so it's no surprise to see them bounce with the same ferocity. But...
For those new to the exercise, we take a chart of interest and remove the x/y-axes and any other labels that would help identify it. The chart can be any security in...
If you're one of these people who thinks the lows for stocks are in, which sectors would you expect to be leading the way higher? The big important groups that fell the hardest, and therefore should bounce the most? Probably.
As markets start to (relatively) calm down, trading opportunities with clearly defined risk management levels are once again starting to reveal themselves.
One such opportunity is presenting right now in the semi-conductors space.
Are you ready for Chart Summit this Saturday??? I've never been more excited to attend a financial conference in my life. And I don't even have to leave my house!!! And it's FREE. Are you kidding me?
We are constantly analyzing market breadth. We do this not just for insight into the strength of the current trend but also because it helps us identify key turning points. We outlined a...
