A Market with Bad Breadth is Still Going Up
The S&P 500 is going higher. If you knew nothing else about the current market environment, you would consider that to be a bullish…
Stockcharts.com
Sector Spotlight: Will Seasonality Save SPX?
On this edition of StockCharts TV’s Sector Spotlight, as per usual on the last Tuesday of the month, I dive into seasonality…
Stock Analysis
At the Edge of Chaos: MEL Becomes MELA as Algos Send “Cease and Desist” Message to Federal Reserve
It’s a strange association for sure, but I am officially expanding the concept of MEL, the complex adaptive system composed of…
Are Nike’s Earnings Results a Precursor of What is About to Come?
Nike (NKE) reported blowout earnings Thursday after the bell and the market liked what it heard and saw, with the stock rising…
The Rotation is Real – Here’s One Area That Stands to Shine
The U.S. markets ended the week in the red, with the S&P 500 breaking below its key area of support today on heavy volume. Already…
Stock Analysis
At the Edge of Chaos: Beat Choppy Market with Acute Attention to Detail
The path of least resistance for stocks remains up for now, as the S&P 500 (SPX) finally closed above the 4200 resistance area,…
Recap of Long/Short Baskets, adding CRM (+) and SWKS (-)
In today’s episode of Sector Spotlight, I did a full review of all stocks that we are monitoring in the RRG L/S baskets. Both…
Stock Analysis
At the Edge of Chaos: Stocks Set Up for Rally; Contrarian Alert on Taiwan Semiconductor
This could be one of those times when being a contrarian could pay off in a big way.Indeed, just as the wall of worries is being raised to new levels by fears of…
Anticipating Where Money May Rotate Next and a Strong Trading Candidate
Catching an industry group as it bottoms and begins to lead the market can be very profitable. We’re seeing tons of rotation in the stock market, which is the biggest…
Stock Analysis
At the Edge of Chaos: Is the End of the Rotation at Hand? Plus: Two Tech Stock Breakouts
We may be nearing the end of the recent rotation in stocks, and here is why.The New York Stock Exchange Advance Decline line (NYAD) has made a new high, just as…