Most associate lithium with EV usage. The largest holding in the ETF basket (LIT) is Albemarle Corp. (ALB). The U.S.-based company is not purely a lithium business, as they also produce chemicals related to petroleum…
Category:
Stocks
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Amazon’s stock price is starting to show some momentum. Will the stock break above its February high and ride to its next resistance level? Keep an eye on its SCTR score. If it stays above…
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In this week’s edition of StockCharts TV’s Sector Spotlight, I take a look at developments on asset class level and more specifically, the USD and BTC. I then compare current cap-weighted sector rotation with its equal-weight…
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Over the weekend, Carl decided to put together the chart below. We often make comparisons between the SPY and its equal-weight sibling, RSP. By determining divergences between the two ETFs, we can see whether the…
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In this week’s edition of The DecisionPoint Trading Room, Carl begins the trading room by explaining negative divergences between the SPY and equal-weight RSP. He also covers why DecisionPoint uses the SPY and not the…
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USO, the US Oil Fund ETF, invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels. Essentially, the top 6 holdings…
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In the dynamic world of market prices, timing is often everything. Knowing when to buy or sell is key to a successful trade. But how can you identify the opportune moment to make a move?…
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Price Action Clearly, the most important aspect of the stock market is price action. That’s where it all begins. Currently, I like the daily and weekly charts, but we do still have one very important…
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Interest rate-sensitive and big tech stocks are seeing positive money flows. But the market’s breadth is suddenly crashing as bond yields test their recent lows. You know trading is dull when stock traders talk about…
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In the last two weeks, I’ve heard this market described as “frustratingly neutral”, “decidedly sideways”, “stuck”, and my personal favorite, the “sloppy choppy” phase. So how does the market breakout of this sideways period and…