Admittedly it is early, very early to make a pronouncement that a double-top is “in”, but we do have a second top and it could be THE top. We’ve annotated the prior long-term top from…
Category:
Stocks
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JP Morgan kicks off earnings season this Friday, July 14th. Goldman Sachs does not report until next week, on July 19th. That is an auspicious day for us, as the July 6-month calendar range will…
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In this episode of StockCharts TV’s Sector Spotlight, I go over the current status of asset class rotation, noting the ongoing strength for stocks vis-a-vis other asset classes. After that, he moves to sector rotation and…
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The AI rally looks set to take a breather. But the rally in oil may just be getting started. All bets are off for the stock market when the Fed meets later in July. But,…
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Every quarterly earnings season, we hear the same thing on CNBC and other media outlets. “Earnings are going to be rough this quarter.” Blah, blah, blah. After decades of technical, fundamental, and historical research, I’ve…
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In the previous weekly technical outlook, it was mentioned that the markets have attempted a strong breakout which can be termed as one of the major ones; this week, it showed some signs of tiredness…
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The stock market pulled back last week amid news of mixed economic data, as well as the release of notes from the Federal Reserve’s latest meeting. Thursday’s report from ADP that corporate hiring surged in…
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I consider the goal of the trend follower to be threefold: identify trends, follow those trends, and anticipate when those trends may be exhausted. Every day, every week, every month, I’m trying to do those…
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Sometimes, it’s just that simple. The Economic Modern Family has had its share of rotation. By rotation this year, we mean that, while Semiconductors wowed, Regional Banks soured. We have looked to certain members of…
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On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson explores a unique new collection of 7 technical indicators designed to help you identify crucial support and resistance levels and more easily determine how far any…