Stocks

In early 2024, gold reached the price objective derived from the breakout of the large triangle that had evolved beginning in early 2022. Upon reaching the area of the objective, a classic buying climax halted…

I’m not trying to be overly dramatic, because most of you know how I feel about the stock market’s long-term direction. We’re going higher. Fight that at your own risk. However, short-term, we have a…

The week that went by was in stark contrast to the week before that as the markets remained in an extremely narrow range before closing with modest gains. The markets demonstrated a peculiar feature over…

The broader market is fairly mixed with one clear leader: technology. I am also seeing mixed performance within the technology sector and within specific groups. Semiconductors are strong overall, but groups like cybersecurity are more…

In this edition of StockCharts TV‘s The Final Bar, Dave describes how the “breadth thrust”, popularized by legendary market strategist Martin Zweig, can help to validate a new bull phase for stocks. He answers viewer questions on…

As consumers become more selective in their spending, restaurants and travel remain bright spots in consumer spending. With American Express’s focus on premium customers who continue to spend in these categories, AXP is positioned to…

“We are in the business of making mistakes. Winners make small mistakes. Losers make big mistakes.” — Ned Davis There are zillions of cliches that paraphrase what Ned Davis said. The umbrella axiom with your…

In this StockCharts TV video, Mary Ellen reviews the overbought condition in the markets after last week’s move to a new high in price. She highlights select areas that pushed the markets higher and covers NVDA,…

There is no denying the strength of the bullish primary trend for stocks off the April low. The Nasdaq 100 index continues to make new all-time highs, closing just under $480 on Friday after gaining about…

While money (the thing itself) knows no politics, its production and distribution are often soaked in it. While Bitcoin isn’t a functioning currency, many consider it an antidote to “bad money.” Perhaps that accounts for…