Don't Miss a Single Article or Webinar!

From daily blogs to weekly webinar 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 Posts

DP Alert: Short-Term Overbought Conditions Suggest Upcoming Pause/Pullback

by Erin Heim

It may seem strange that all of the Scoreboards are green except in the area of intermediate-term PMO signals. A look at the weekly charts for all four indexes reveals all but the NDX weekly PMO are rising up toward IT PMO BUY signals. The margin is still rather large so I wouldn't expect to see these signals update until next Friday at the earliest. To see the weekly charts (including daily  Read More

Members Only

DOW JONES INTEGRATED OIL & GAS INDEX IS TRADING OVER ITS 200-DAY AVERAGE AND MAY BE ON VERGE OF UPSIDE BREAKOUT -- CHEVRON TOUCHES THREE-YEAR HIGH

by John Murphy

DOW JONES US INTEGRATED OIL & GAS INDEX MAY BE BREAKING OUT... Energy stocks have been the market's weakest performers during 2017. They're starting, however, to take a turn for the better, both in absolute and relative terms. Energy has been the market's strongest sector over the last week and month. The energy group closest to a potential upside breakout is shown below. Chart 1  Read More

BP (BP) Breaks Out To New Two Year Highs

by Greg Schnell

British Petroleum (BP) has been wobbling higher while oil has had a series of lower highs over the course of 2017. This week, BP has pushed to new two year highs. With an astounding dividend yield of 6% and superb price action on the stock, this chart looks great. The MACD is breaking out above a trend line and volume has slowed while the ascending triangle builds.  Check out a host of new...  Read More

Banks Strengthen To Lead Financials, Major Indices Higher

by Tom Bowley

Market Recap for Monday, September 18, 2017 It was another very bullish day on Wall Street as most indices finished with gains once again.  The Russell 2000 ($RUT) led the charge with a 0.65% rise.  Gains in the Dow Jones and S&P 500 were more modest, but still both managed to close at fresh all-time highs.  It's difficult to be disappointed with that type of...  Read More

Members Only

Materials, Industrials and Tech Lead New High List - GOOGL, AMZN and FB Weigh - Five Stock Setups

by Arthur Hill

.... 52-week Highs Reflect Broad Strength  .... Materials, Industrials and Technology Lead New High List .... Alphabet, Amazon and Facebook are Dragging .... CSCO Hits Multi-Month High .... Fiserv Turns Up after Pullback .... AMD Bounces off Key Retracement .... CHD and CL Start Turning UP .... How to Handle Overvalued Stocks .... 52-week Highs Reflect Broad Strength  Large-caps...  Read More

On Fire! Energy, Small- and Mid-Caps, Financials All Trigger ITTM BUY Signals

by Erin Heim

The last two days have issued SIX new Intermediate-Term Trend Model (ITTM) BUY signals. It shouldn't be a surprise that the Energy SPDR (XLE) and Natural Gas (UNG) triggered given the buzz around that sector last week on MarketWatchers LIVE and headlines on our StockCharts.com Blogs page. Arthur Hill and I noted the push that small and mid-caps were making mid-week and today, the Financial  Read More

9/18 MarketWatchers LIVE Recap - Guest Greg Schnell - Monday Set-Ups

by Erin Heim

  Welcome to the recap of Monday's  MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. Watch the latest episode here! Information abounds...  Read More

Aerodynamics for Investors

by Greg Morris

Oh no!  He is losing it!  I have stated a few times that the well seems to be running low; this article might confirm that.  Here is an attempt to turn basic aerodynamics into an investment process. Where:                CL is the coefficient of Lift...  Read More

Members Only

BANKS ARE LEADING FINANCIAL SECTOR HIGHER -- BANK LEADERS INCLUDE CITIGROUP, BANK OF AMERICA, AND JP MORGAN

by John Murphy

FINANCIAL SPDR CLEARS 50-DAY AVERAGE... Financial stocks are helping lead the market higher today. Chart 1 shows the Financial Sector SPDR (XLF) trading at the highest level in five weeks after clearing its 50-day average. Its relative strength ratio (top of chart) continues its September rebound. Banks are leading the XLF higher, followed by investment services and  Read More

Intel Goes for a Big Breakout $INTC

by Arthur Hill

Some sixty stocks in the S&P 500 were up 5% or more last week, and Intel was one of them. Intel's importance seems to have diminished over the years, but it is still an industry gorilla that accounts for around 11% of the Semiconductor ETF (SMH) and 8% of the Semiconductor iShares (SOXX). The chart shows Intel breaking out to new highs and leading the market for a few months in 2016. The...  Read More

S&P 500 Tops 2500 For First Time; Monday Trade Setups

by Tom Bowley

Market Recap for Friday, September 15, 2017 It was another day of records on Wall Street to close out the week.  Despite the peak of seasonal summer weakness approaching, buyers stepped up to the plate once again, this time driving S&P 500 prices to another all-time high close and, in the process, clearing a psychological level at 2500.  Volume was extremely heavy...  Read More

"Boring" Utilities moving up to main stage

by Julius de Kempenaer

Bringing up the Relative Rotation Graph that holds all members of the Utilities sector (XLU) gives the picture above. With NRG all the way up in the top-right corner of the leading quadrant and SCG in the lower left-hand corner of the lagging quadrant, the remaining stocks in the sector are getting a bit squeezed around the center of the RRG. It means that we definitely have to inspect those  Read More

Rising Energy Prices Help Boost August CPI, British Pound Surges to Yearly High

by John Murphy

ENERGY ETF REACHES FIVE-MONTH HIGH ... It was reported Thursday that the headline CPI for August rose 0.4% from the previous month, which was its biggest monthly gain since January. That boosted its year-over-year comparison to 1.9%, which is just shy of the Fed's target of 2% inflation. The biggest reason for that jump was a 2.8% monthly gain in the price of gasoline. The core CPI  Read More

Finding Stocks Poised To Begin A Pre-Earnings Run Higher

by Tom Bowley

If only it was that easy, right?  The problem many times is that a company that reports great results one quarter fails to do so the next.  But my strategy is to find companies that not only reported great results in the prior quarter, but also showed major accumulation at the time, and just after, that earnings report was released.  Analyzing the volume is critical during...  Read More

Car Manufacturers Rev Up

by Greg Schnell

In the wake of the devastation of Hurricane Harvey and Hurricane Irma, a lot of cars were flooded. When scrolling through the auto charts, a few were breaking some trend lines this week. GM is pushing to new highs since basing for 4 years between $23 and $36. Toyota broke a 2-year trend line and closed near the highs of the week. There is some horizontal resistance at $124 when trying to push  Read More

What Does a Trend Line Really Tell Us?

by Arthur Hill

We all know what a trend line is, but does a trend line actually dictate the trend? In other words, does a trend line break actually signal a trend reversal? Or, is a trend line break telling us something else? We cannot use a tool unless we fully understand it and this article will shed some light on the humble trend line. At the very least, I hope to stimulate the analysis process by...  Read More

Who Do You Trust More? Active Money Managers or Individual Investors?

by Erin Heim

This week sentiment was mixed. Typically we see the American Association of Individual Investors (AAII) and National Association of Active Investment Managers (NAAIM) exposure index give the same message. However when I pulled up the charts to present during the sentiment segment of MarketWatchers LIVE, I saw the dissonance.  The AAII sentiment survey asks individual investors whether they...  Read More

9/15 MarketWatchers LIVE Recap - Airlines - Earnings Spotlight - Sentiment

by Erin Heim

  Welcome to the recap of Friday's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. Remember! You can now watch the latest  episode under the "Webinars" tab!...  Read More

A Picture tells a Thousand Words

by John Hopkins

One of the benefits of technical analysis is being able to look at a chart to help determine if a stock is a viable trading candidate. In other words, what does a technician see in a chart that would lead to the conclusion that a specific stock is or isn't a high reward to risk trading candidate?  I have found chart reading to be particularly useful after a company reports quarterly  Read More

DP Weekly Wrap: Climax and Options Expiration Slow Advance

by Carl Swenlin

For a few weeks I have been expecting an upside breakout, and on Monday the breakout finally happened. The internal action on that day indicated that a buying climax had taken place, an event that very often leads to some post-climax churning or pullback. Also, this was an options expiration week, a process that tends to keep prices fairly quiet. Regarding climaxes, the chart above illustrates...  Read More

S&P 500 Tops Index Trend Strength: Now will it Follow Through on the Latest Breakout?

by Tushar Chande

A shift in dynamics in the nation's capital has pushed the S&P 500 index to new highs.  But, can the market follow through on its breakout?   Also, many thanks to all who wrote in with a solution to my last week's puzzle (more on that below). Chart 1: The S&P 500 Index and the Dow 30 topped my trend strength rankings after many months, as the market signals a willingness  Read More

Investor Seminar Season: Can The Speakers Walk the Talk?

by Gatis Roze

I attend investment seminars as half-monk, half-hit man.  My time is a precious commodity, so if you are a speaker and see me in the audience, be prepared.  My hot button is when speakers show a few elaborate slides, "share" their four favorite tenets to successful investing and then launch directly into their marketing pitch.  They act as if they've given you the keys to the...  Read More

Members Only

RISING ENERGY PRICES HELP BOOST AUGUST CPI -- ENERGY ETF REACHES HIGHEST LEVEL IN FIVE MONTHS

by John Murphy

ENERGY ETF REACHES FIVE-MONTH HIGH ... It was reported yesterday that the headline CPI for August rose 0.4% from the previous month, which was its biggest monthly gain since January. That boosted its year-over-year comparison to 1.9%, which is just shy of the Fed's target of 2% inflation. The biggest reason for that jump was a 2.8% monthly gain in the price of gasoline. The core CPI  Read More

Members Only

Is It Time To Buy The US Dollar?

by Martin Pring

A few words on sentiment The long-term technical remains bearish but... Short-term is almost bullish What about the euro? Conclusion A few words on sentiment The Dollar Index has been in a virtual free fall since the end of last year. No market goes down forever, because traders exhaust their selling as crowd psychology moves to an extreme in sentiment. We may well have  Read More

Willis Towers Watson (WLTW) Pushes Higher

by Greg Schnell

Willis Towers Watson (WLTW) Risk Management company is breaking out to new highs this week. In the face of Hurricanes Harvey and Irma, the stock is surging. It surged above a three month consolidation last week and today it continues to move higher. With the MACD turning up while above zero, this looks ready to continue the push to higher ground. The overall chart has been...  Read More

Members Only

Weekly Market Review & Outlook (w/video) - Small-caps and Energy Lead Late Summer Rally

by Arthur Hill

.... Small-caps Extend Newfound Leadership Role .... AD Lines Hit New Highs .... RSI Notches another Overbought Reading for SPY .... IJR Continues to Grind Higher .... Tech, Industrials, Healthcare and Materials Lead .... XLI and XLB Extend after Breakouts .... XLF Fully Recovers with Flag Line Break .... XLY Puts Double Top on the Back Burner .... XLE Challenges Summer Highs .... Brent  Read More

Autos And Auto Parts Continue To Strengthen After Their Recent Breakout

by Tom Bowley

Market Recap for Thursday, September 14, 2017 Consumer discretionary (XLY, -0.54%) was the worst performing sector on Thursday, but you'd never know it from looking at the automobiles or auto parts stocks.  The Dow Jones U.S. Automobiles & Parts Index ($DJUSAP) is featured below in the Sector/Industry Watch section, so I'll get to that in a bit.  Travel &...  Read More

After Long Basing Period, Pharmas Look To Break Out

by Tom Bowley

Sometimes the best moves higher occur after an extended period of sideways price action, or basing.  We recently saw a breakout in biotechs ($DJUSBT) and that industry quickly became one of the strongest.  The healthcare sector (XLV) also has been among the strongest sectors.  It makes sense that other healthcare industry groups will likely break out to support the overall...  Read More

Commodities Countdown Video With Greg Schnell 2017-09-14

by Greg Schnell

This weeks Commodities Countdown Video 2017-09-14 discusses the break in Oil above $50. The overall market has pushed slightly higher but has not been able to add on over a three day period. Commodities Countdown Video With Greg Schnell 2017-09-14 from StockCharts.com on  Read More

DP Alert: Market Takes a Pause

by Erin Heim

A day passed with no signal changes for the DP Scoreboards, but also for the SPDRs and their equal-weight counterparts that DecisionPoint follows. The market is taking a short pause. I suspect with options expiration tomorrow, we will see more flat trading though with higher volume. The purpose of the DecisionPoint Alert Daily Update is to quickly review the day's action,  Read More

Members Only

RSI(5) versus RSI(10) - Working with Zones, Alerts and Price Action

by Arthur Hill

Price Characteristics and Indicator Effectiveness  There is NO SUCH thing as the perfect indicator. Further more, even if you find the almost perfect indicator, there is no such thing as the optimal setting. A 50-day SMA works great for one stock and lousy for another. 14-day RSI nails the oversold bounces for one stock, but never becomes oversold for another. MACD  Read More

All-Time High Virus Spreads; NASDAQ And Dow Jones Catch It

by Tom Bowley

Market Recap for Wednesday, September 13, 2017 Wide participation is a key to sustaining a bull market advance.  We want as many indices, sectors and stocks on a buy signal as possible.  That makes it nearly impossible for bears to regain control of the market as technical buyers show up everywhere.  Two days ago, the S&P 500 broke out to an all-time high...  Read More

Members Only

It's Steady As She Goes For Global And US Equities

by Martin Pring

Many positive indicators Strong showing outside the US as well The last time I focused on the US stock market I pointed out that I liked the fact that the market was shrugging off bad news in the form of numerous widely circulated articles calling for a  Read More

DP Bulletin: PMO BUY Signal Finally Triggers on $INDU - New PMO Signals TLT, UUP - ITTM BUY Signals IWM, XLP

by Erin Heim

Lots of new signals today! Three important PMO signals arrived on the Dow, Bonds (TLT) and Dollar (UUP); not to mention two important Intermediate-Term Trend Model BUY signals on Russell 2000 ETF (IWM) and Consumer Staples SPDR (XLP). Feast your eyes on these charts! First and foremost, I must talk about the new PMO BUY signal on the Dow. For those of you reading the DecisionPoint blog...  Read More

9/13 MarketWatchers LIVE Recap - Special Guest Arthur Hill - Agree or Disagree?

by Erin Heim

  Welcome to the recap of Wednesday's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. You'll find the latest episode here. Information abounds in our Monday/Wednesday/Friday 12:00p -  Read More

Members Only

STOCK INDEXES ARE DRAWING SUPPORT FROM WEAKER PARTS OF THE MARKET -- THAT INCLUDES ENERGY, FINANCIALS, RETAILERS, SMALL CAPS, AND TRANSPORTS

by John Murphy

SMALL CAPS ARE RISING AGAIN ... With the three major stock indexes hitting record highs yesterday, attention remains focused on market leaders. To me, the bigger story may be the resurgence of weaker parts of the market that have been holding it back. Small caps are at the top of the list. Chart 1 shows the Russell 2000 iShares (IWM) climbing to the highest level in six...  Read More

Texas Instruments Traces out Bullish Continuation Pattern $TXN

by Arthur Hill

Texas Instruments (TXN), the semiconductor behemoth, formed a bullish cup-with-handle pattern and a classic volume-based indicator points to a breakout. The chart shows TXN hitting resistance in the 83-84 area from June to September (red zone). In between these resistance points, the stock dipped to the 76 area in June and then the 80 area in August. The June dip forms the bowl, while the  Read More

Banks Lead Follow Through Rally As They Bounce Off Key Support

by Tom Bowley

Market Recap for Tuesday, September 12, 2017 Financials (XLF, +1.18%) were the primary beneficiary on Tuesday as treasury yields rose.  That typically leads to strength in this sector, with particular strength usually seen in banks ($DJUSBK) and life insurance ($DJUSIL).  Yesterday was no exception and the DJUSBK is featured below in the Sector/Industry Watch section...  Read More

Textron (TXT) Busts Through 2017 Resistance

by Greg Schnell

Textron has had a tumultuous last couple of years. The stock has been rallying out of a deep base. It has spent 2017 consolidating, but this week the stock accelerated to new highs. The SCTR is surging up to 75. The momentum on the MACD is just turning up with lots of space above. This chart looks ready to accelerate with a stop at this weeks low. There have been lots of videos posted in...  Read More

DP Alert: IT Trend Model BUY Signal for equal-weight Industrials ETF (RGI) - Gold & Bonds Pullback

by Erin Heim

No changes to the DP Scoreboards. We're just waiting on the Dow to log a PMO BUY signal. Reviewing the chart of the Dow we can see that a PMO BUY signal should trigger on the next positive close, if not sooner. Today's breakout to new all-time highs was impressive. I like that it appeared off the positive divergence between the OBV and price. The purpose of the DecisionPoint Alert  Read More