Don't Miss a Single Article or Web Show!

From daily blogs to weekly web shows, StockCharts Subscribers unlock members-only commentary from the industry's leading technical analysts, including experts such as John Murphy, Martin Pring, Arthur Hill and more. See the markets through their eyes and learn how they use our charting tools to make smarter, more-informed investing decisions.

Get Started Today in
Less Than 60 Seconds!

Latest News

The Relative Safety Of High-Yielding Stocks - 4 Names To Ponder As Interest Rates Plummet and Markets Waffle

by Mary Ellen McGonagle

We're in a difficult period with the markets at the moment, as uncertainty surrounding U.S.- China trade talks is weighing heavily on stocks. With both sides throwing barbs and a resumption of talks not due until later this month, the pressure on the markets may very likely continue. With daily reactions to the latest trade-related headlines, there's been an increased risk in  Read More

DP WEEKLY WRAP: "Golden Cross" Index Generates SELL Signal

by Carl Swenlin

When the 50EMA crosses up through the 200EMA, it is commonly known as a "Golden Cross," because it signals the potential for a long-term bullish outcome. For the sake of consistency, in DecisionPoint parlance we refer to the 50/200EMA relationship as the Long-Term Trend Model (LTTM), which generates BUY or SELL signals when the 50EMA moves above or below the 200EMA. About a year ago I began  Read More

Calling Market Tops Is Easier Than You Think

by Tom Bowley

There are no perfect signals that scream "GET OUT" of equities, but there are warning signs..so long as you know where to find them.  Most market participants believe in the random walk theory, which suggests that changes in stock prices have the same distribution and are independent of each other.  Therefore, the assumption is that past stock market movements or trends cannot be  Read More

Current Trend of Declining Rates Seen as Part of a Large Base

by Martin Pring

Editor's Note: This article was originally published in Martin Pring's Market Roundup on Friday, May 24th at 4:42pm ET. This week has seen many interest rate series, both in the US and around the world, breaking down from important trading ranges or  Read More

Members Only

Interest Rates Are Breaking Down On A Worldwide Basis

by Martin Pring

Current Trend of Declining Rates Seen as Part of a Large Base Downside Breakouts in Yields are Worldwide in Scope US Short-Rates Look Vulnerable as Well 30-Year Yield Completes a Top Stocks and Commodities versus Bonds Current Trend of Declining Rates Seen as Part of a Large Base This week has seen many interest rate series, both in the US and around the world, breaking down from important  Read More

Five Trendlines Revisited

by David Keller

About a month ago, I wrote an article for ChartWatchers titled " Five Trendlines You Should Be Watching." The general idea was that, as long as those five trend lines held, then the market was still most likely in a very constructive phase. Revisiting those trend  Read More

Communication Services Shows a Strong Rotation, But GOOG Is Not Participating

by Julius de Kempenaer

Relative Rotation Graphs can help to identify threats and opportunities within groups of securities. In this article, I will be looking at the position and rotation of the Communication Services Sector against the S&P 500 and other sectors, followed by a closer look at the rotation of various stocks inside that sector, especially Google. From a Sector Perspective The RRG above shows  Read More

Coty Gets Better Looking (COTY)

by Greg Schnell

The four-year chart for Coty (COTY), a consumer staples fashion house, has not been one of beauty; rather, it looks like ten miles of bad road, as dad used to say. This month, though, something happened that changed the trend and put lipstick on my interest in the stock. Let's walk through the indicators together.  First of all, the SCTR surged early in the new year and  Read More

Members Only

HEALTHCARE SPDR IS TRYING TO CLEAR MOVING AVERAGE LINES -- MEDTRONIC AND BOSTON SCIENTIFIC LEAD MEDICAL EQUIPMENT GROUP HIGHER

by John Murphy

HEALTHCARE IS GETTING BETTER While a lot of attention is being given to stock market swings over the last month, and recent selling in everything related to tariffs and global trade, one group has been quietly getting stronger. And that's healthcare. Healthcare remains this year's weakest sector. Over the past month, however, it has gone from last to third place. Right behind  Read More

Members Only

Weekly Market Review & Outlook - Small-caps, Retail and Oil Lead Lower

by Arthur Hill

Retail, Banks, Semis and Oil. S&P 500 Corrects with Bigger Uptrend. Index Breadth Table Remains Net Bullish. AD Percent Down Days Weigh in May. Small-caps Lead the Way Lower. Charts to Measure Risk On/Off. Sector Shift in May. Sector Breadth Table Remains Bullish. Healthcare ETFs Hold Up Well. Art's Charts ChartList Update. Retail, Banks, Semis and Oil   The  Read More

Crude Oil Plunges, Energy Crushed

by Tom Bowley

Market Recap for Thursday, May 23, 2019 Energy (XLE, -3.35%) has been a relative laggard for the past 8 years, mostly due to a rising U.S. Dollar Index ($USD).  The group took another big blow yesterday as crude oil prices ($WTIC, -5.71%) tumbled and had its worst day of 2019.  It raises the possibility of another swoon back to test the lower $40s per barrel: While many headlines  Read More

5/23 MWL: "Breaking it Down with RRG" with Julius de Kempenaer - The Dead Zone

by Erin Swenlin

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Here is a link to today's show. Our show is devoted to technical analysis of the stock market with live market updates and analysis of hot symbols. The show runs throughout the day on  StockCharts TV; you can also find the latest  Read More

Members Only

STOCK SELLING INTENSIFIES -- DOW TRADES BELOW ITS 200-DAY AVERAGE

by John Murphy

TRADE TENSIONS CONTINUE TO WEIGH ON STOCKS Stocks are under heavy selling pressure today. Energy stocks are leading the market lower with a drop of more than -3%, while oil is dropping nearly twice as much. Technology, industrials, and financials are down -2% or more. As has been the case this month, trade sensitive stock groups are leading the day's decline. Communication and  Read More

Apparel Retailers Sink To Four Month Low

by Tom Bowley

Market Recap for Wednesday, May 22, 2019 Our major indices finished with losses on Wednesday, despite strength in defensive sectors.  The S&P 500 and Dow  Jones held up best, falling just 0.28% and 0.39%, respectively.  The primary reason is that more defensive stocks are represented on those two indices.  Defensive sectors actually performed quite well yesterday with  Read More

Even When Your Funds Are Gone, the Game Might Not Be Over

by Brian Livingston

Foreign-exchange dealers offer enormous leverage to customers, and leverage can lead to enormous losses - greater than your entire balance. • Experience with global currency-trading brokers shows that they value the profits they earn from traders so much that even some busted account holders can be forgiven their debts, if it will keep the traders paying commissions and fees. Figure  Read More

Is China About To Pick Up The Pace Again?

by Julius de Kempenaer

Yesterday, I wrote about the relationship of US stocks against other international stock markets in my regular RRG Charts article. The Relative Rotation Graph that I use for these analyses is one of the pre-defined groups and is shown above. While working on that article, I noted the long tail and the hook down on the Chinese market  Read More

DP Mid-Week Review: ST Indicators Top Too Soon - TLT Stalling at Resistance

by Erin Swenlin

No changes on the DecisionPoint Scoreboards. The short-term is still weak; our short-term Swenlin Trading Oscillators turned down this week after barely reaching positive territory. TLT rallied further but was unable to push past strong resistance at the March high. The DP Mid-Week Review presents a mid-week assessment of the trend and condition of the stock  Read More

5/22 MWL: Guest Larry Pesavento "The Truth Behind Technical Analysis" - Are You Buying This?

by Erin Swenlin

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Here is a link to today's show. Our show is devoted to technical analysis of the stock market with live market updates and analysis of hot symbols. The show runs throughout the day on   Read More

Members Only

DOW TRANSPORTS FALL BELOW 200-DAY AVERAGE -- AMERICAN AIRLINES, FEDEX, AND JB HUNT ARE LEADING IT LOWER

by John Murphy

DOW TRANSPORTS FALL BACK BELOW 200-DAY LINE Transportation stocks are one of the weakest parts of the market today. Chart 1 shows the Dow Jones Transportation Average now trading below its 50- and 200-day moving averages. Not surprisingly, tranports are also showing relative weakness. The blue line in Chart 1 is a relative strength ratio of the transports divided by  Read More

Canada Pauses, Energy Drops - Market Review

by Greg Schnell

Following its high on April 23 (just a few days after Options Expiration), the Canadian market endured a failed breakout. A month later, the market is still below the breakout level. The Canadian index chart looks a little bit stronger, as two pieces of good news - the surge in Westjet on buyout news and a surge in Air Transat on a proposed buyout by Air Canada - helped to  Read More

What Does It Mean When The US Starts Outperforming Other International Stock Markets?

by Julius de Kempenaer

Stock markets around the world are giving mixed signals. Returns over the last 5 weeks have varied from +4% in Australia to -10% in China. The Relative Rotation Graph above shows the relative trends that are currently in play among the various international stock market indexes. For a pure, and thus better, comparison of the various (trends in) performances, I use INDEXES instead of ETFs. If  Read More

Discipline, Discipline, Discipline!

by Greg Morris

Discipline is the Key!  You should look up the definition for both the noun and the verb. Over the years I've stressed the importance of having discipline in any investment strategy, and that is certainly still the case. A couple of years ago, when the market was in an ongoing up move, I had to take each small correction seriously because I never knew when it would turn out to be more than  Read More

What's Wrong With Small Caps And Will June Seasonality Kick In?

by Tom Bowley

Market Recap for Tuesday, May 21, 2019 The U.S. stock market rebounded on Tuesday after a 90 day temporary license was granted by the U.S. Department of Commerce to Huawei, a Chinese multinational telecommunications equipment company.  Technology stocks (XLK, +1.23%) were a primary beneficiary of this action and trailed only materials (XLB, +1.54%) in terms of Tuesday sector  Read More

A Medical Device Stock with Strong Volume Trends

by Arthur Hill

An existing uptrend and short-term breakout on high volume point to higher prices for Boston Scientific. The chart below show BSX hitting a new high in early March and then falling rather sharply into mid April. A volume spike punctuates the plunge below 35 and this looks like a selling climax that washed out most the sellers. The stock then recovered with a move back above its rising 200-day  Read More

Could GoPro Go? Yes It Could Go! GPRO

by Greg Schnell

GoPro (GPRO) is a classic IPO that initially traded with a lot of hype before ultimately losing its mojo. The stock IPO'd almost 5 years ago and has been in a big slide ever since. However, there's now a big reason for you to put GPRO on your radar, which is that the stock actually made new 52-week highs in May - the first time that has happened in its life!  Read More

5/21 MWL: My Trading Plan with Tom Bowley - SCTR Report on Biotechs

by Erin Swenlin

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Here is a link to today's show. Our show is devoted to technical analysis of the stock market with live market updates and analysis of hot symbols. The show runs throughout the day on   Read More

Members Only

Nail Biting Time For Equities, Green Shoots For Agricultural Commodities

by Martin Pring

Top or Consolidation for Equities? Agricultural Commodities Perking Up Following a Severe Sell-Off Grains Fully Supporting Price Action in the DBA Top or Consolidation for Equities? The S&P, like the other market averages, has been in a trading range since March. We will have to see how it plays out, but, were the Index to drop and hold below 2,800, it would have completed  Read More

Semiconductors Take Another Big Hit, Support At Hand

by Tom Bowley

Market Recap for Monday, May 20, 2019 Monday marked another rough May trading day, especially for the NASDAQ, which dropped 1.46%.  The other major indices fell, but to a much lesser extent.  Technology (XLK, -1.74%) and communication services (XLC, -1.65%) were hardest hit as weakness in semiconductors ($DJUSSC, -3.89%) and internet ($DJUSNS, -1.69%) took a toll on their respective  Read More

Currency Trading is a Great Way to Lose Money

by Brian Livingston

Studies show that although 84% of currency traders think they can make profits, only 30% actually do. What can we learn from this fact? • People are vastly overconfident in their ability to wring gains from what seems like a simple game. In currency-dealer records, traders win more than 50% of their bets, but their losing trades cost almost double what the winning ones make. Figure  Read More

5/20 MWL: Monday Setups - John Hopkins EarningsBeats.com - DecisionPoint Sentiment Update

by Erin Swenlin

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Here is a link to today's show. Our show is devoted to technical analysis of the stock market with live market updates and analysis of hot symbols. The show runs throughout the day on   Read More

A Momentum Break for Ross Stores

by Arthur Hill

Ross Stores (ROST) recently bounced off its rising 200-day SMA with a bullish candlestick pattern and short-term RSI broke to its highest level of the month. It looks like the short-term pullback is ending and the bigger uptrend is resuming. ROST plunged in November-December with a sharp decline below the 200-day SMA. This plunged caused the 200-day to flatten in December, but it never really  Read More

Financial Administration Relative Strength - When Will It End?

by Tom Bowley

Market Recap for Friday, May 17, 2019 Friday offered up a mixed bag.  Our major indices were either higher or near the flat line with an hour left in the trading day.  Then more discussion surfaced that US-China trade talks had stalled.  That sent U.S. equities spiraling lower, especially areas that have been hit hard previously by trade talk failures like semiconductors ($DJUSSC  Read More

Lower Highs, Lower Lows

by Greg Schnell

After opening with a sharply down Monday, the market spent the rest of last week trying to make up lost ground. On Friday, the morning started off weak, rallied through the morning and then fell, finishing near the day's lows into the close. Friday's reversing price action is not an optimistic finish for the week, as the market clearly lost some of  Read More

Special Weekly Note: Markets Set To Face A Volatile Week; Placed Differently Than In 2014

by Milan Vaishnav

The Indian equity markets witnessed one of their most volatile weeks in the recent past, oscillating back and forth in a relatively wider range before ending the week with a modest gain. After facing downward pressure in the initial days of the week, the NIFTY saw itself turning positive on the final trading day, ending with gains of 128.25 points (+1.14%). The 7-phase  Read More

My New Favorite Scan - Excellent Results Using SCTR and Rising PMO

by Erin Swenlin

If you watch MarketWatchers LIVE regularly, you've probably heard about my new scan. I've found, especially when the market has a bearish bias, that my original Price Momentum Oscillator (PMO) scan wasn't producing any results. I consider this a caution flag before I get too involved with the results of my new scan. The original scan is below. Its requirements are quite high, so I won't  Read More

5/17 MWL: What's Hot, What's Not - What Would You Do?

by Erin Swenlin

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Here is a link to today's show. Our show is devoted to technical analysis of the stock market with live market updates and analysis of hot symbols. The show runs throughout the day on   Read More

5/16 MWL: Dissecting the Nasdaq 100 - Sector Rotation

by Erin Swenlin

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Here is a link to today's show. Our show is devoted to technical analysis of the stock market with live market updates and analysis of hot symbols. The show runs throughout the day on   Read More

Celebrating An Investor's Obituary

by Gatis Roze

I've begun writing my own obituary.  No worries.  I don't have any incurable health issues to be concerned about.  It's simply an exercise that I believe will have value and will be beneficial to my investment efforts.  The catalyst for this rather unusual undertaking was James Hagerty's piece in the Wall Street Journal on April 22, 2019.  Hagerty's professional job is  Read More

Weekly Sector Rankings Show a Defensive Market

by John Murphy

Editor's Note: This article was originally published in John Murphy's Market Message on Friday, May 17th at 4:49pm ET. The table in Chart 1 plots the relative performance of the eleven market sectors for the week. And they show a generally defensive market. That can be seen by the fact that REITs, utilities  Read More

DP WEEKLY WRAP: Double Top Scenario Still Fits

by Carl Swenlin

Last week I asserted that the market was in the process of forming a major double top. This week, in spite of some price action attempting to refute that assertion, the double top is still evolving. So far the rally attempt appears to have failed, and the thin volume says that there is not as much conviction behind the rally as there ought to be. Specifically, I am referring to the SPX Volume  Read More