With CPI data coming in as expected and a cooler PPI, it’s clear that inflation is heading in the right direction, with the exception of a few areas such as housing. Overall, the data seal…
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Stocks
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What we heard from the Fed and FOMC on Wednesday: Unanimous Holding rates allows FOMC to assess additional data Tighter credit likely to weigh on activity 2023 unemployment seen At 4.1% vs. 4.5% Median rate forecasts rise…
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SPX Monitoring Purposes: Long SPX on 2/6/23 at 4110.98. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. We updated this chart from yesterday. The short term picture leans bullish…
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Artificial intelligence (AI) stocks have become popular, almost fashionable. AI is a new frontier, an emerging technology offering unique opportunities and risks — but is it a smart investment? Why invest in AI? AI has…
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Teaching an old dog new tricks means that the tricks might be new, but the notion of doing tricks is familiar. Case in point: currencies and trading currency futures. We have traded ETFs UUP and…
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If you missed the AI run, this could be an opportunity to jump into a related stock, which surprised when it showed up in the StockCharts Technical Ranking (SCTR) scan on June 13. Intel Corp.…
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The S&P 500 Equal Weighted Index is continuing to advance higher led today by gains in Aluminum, Steel, Industrials and Consumer Cyclicals. This is great news for the possibility of a continuation rally as broader…
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In this episode of StockCharts TV’s Sector Spotlight, I present an in-depth assessment of the current state of rotation in asset classes and sectors, and also share some background on where the split into three groups…
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In this week’s edition of StockCharts TV‘s Halftime, Pete takes a look at some ratio charts, including defensive sectors. He highlights an indicator that seems to be playing out in the markets right now. Pete shares his…
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In this week’s edition of The DecisionPoint Trading Room, Erin, flying solo, dives right in to the market action with a focus on yields and bonds. The sector landscape looks very healthy, but Technology (XLK)…