Stocks

The Consumer Staples sector closed below its key 50-day moving average yesterday and is on track to be the worst performing area for the week.  This underperformance began last week and it took place along…

In this episode of StockCharts TV’s Sector Spotlight, I look at sector rotation while breaking down the universe into offensive, defensive, and sensitive sectors. I then zoom in on the groups that make up the technology…

May is Asian American and Pacific Islander Heritage Month. In recognition of the AAPI community, StockCharts spoke with a few individuals in the financial community about how their experiences, challenges, and heritage helped shape their…

There are many who have given up on the small cap community, but I’m not one of them. The long-term 15-year chart remains in a solid uptrend. Yes, the group has been underperforming the S&P…

Just look at the March lows in Granddad Russell 2000 (IWM). And now look at the March lows in Granny Retail (XRT). So who is right? IWM has moved up for the March lows and,…

In this week’s edition of The DecisionPoint Trading Room, Carl opens the Trading Room with a discussion on what the Advance-Decline Line is and how it is calculated. Importantly, he shows us how best to…

A couple of weeks ago (early May), the price of spot gold reached a high of $2085 an ounce, nearly challenging its all-time high of around $2089 last reached in 2020. Since then, gold’s had…

Here is a bullish thought. The Federal Reserve seems to have lost its consensus about higher interest rates. Consider the following: On the day the Nasdaq 100 Index (NDX) broke out to a new high, 5/18/23,…

It was the culmination of many months of accumulation by Wall Street firms. I’ve discussed this accumulation, or manipulation, over and over and over and indicated that it was the likely precursor to a big…

After rising three weeks in a row, the Indian equities took a breather, ending the week on a negative note much on the anticipated lines while resisting the key levels. There has been a slight…