We’re heading deeper into the summer months, which usually means higher demand for energy products, namely crude oil and gas. While demand tends to be seasonal, the entire crude complex is also sensitive to changes…
Category:
Stocks
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In this edition of StockCharts TV‘s The Final Bar, Dave breaks down an upside follow-through day for the S&P 500 and Nasdaq, and highlights the continued weakness in market breadth indicators. Dave identifies key levels to watch…
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Carl and Erin return to the trading room showing you the charts you need to see to start your week! Carl covered the market trends and condition to start the program. He also covers Bitcoin,…
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Good morning and welcome to this week’s Flight Path. Equities remained very strong this week as we saw a continued string of bright blue bars and a new price high. Treasury bond prices saw a surge…
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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…
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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…
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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…
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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…
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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…
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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…