The S&P 500 posted its worst month so far, with a 4.9% decline that’s pushed the year-to-date returns for this benchmark index almost in half. With elevated interest rates that may be with us for a while, investors have pushed stocks lower, in a move that has over 10% of large-cap stocks well into oversold territory. We’re talking about names such as McDonalds (MCD), Boeing (BA) and Blackrock (BLK), to name just a few. The...

In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews areas of the market that are bucking the downtrend pressure elsewhere, as those often go on to provide leadership once the markets turn. She also shares how to use ETFs to uncover rotation taking place beneath the surface. This video originally premiered September 29, 2023. Click on the above image to watch on our dedicated MEM Edge page on StockCharts TV, or click this link to watch on YouTube. New episodes...

In this edition of StockCharts TV‘s The Final Bar, Dave answers viewer questions about Tesla’s potential trajectory towards the 200-day moving average and ways to normalize relative strength graphs using volatility measures. He also dives into his past trades’ technical setup, shares tips for setting up intraday trading charts, and much more! This video originally premiered on September 29, 2023. Watch on our dedicated Final Bar page on StockCharts TV, or click this link to watch on YouTube. New episodes of The Final...

On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson talks all about ChartPacks — the QUICKEST and EASIEST way to enhance your StockCharts account (old or new) in just one click! ChartPacks are pre-created collections of ChartLists that you can install right into your account; Grayson will be taking a special look at Dave Keller’s Morning Routine chart pack and show us how to put Dave’s charts right into your own account. This video originally...

In this edition of the GoNoGo Charts show, Tyler and Alex walk through a top-down approach to the markets and see that there are plenty of reasons why equities are struggling. Treasury rates and the Dollar are in strong “Go” moves and breaking out. The trend was strong this week, as we see equities painting purple “NoGo” bars. What is worrying many investors is the idea that the large tech stocks are helping stem the...

The internals have all cycled to extreme low areas, which tells TG that being short would be risky — just like being super long at the end of July was also risky. The pendulum has swung to the lows, and now, in this week’s edition of Moxie Indicator Minutes, TG explains why you should start looking for strength if it presents itself. This video was originally broadcast on September 29, 2023. Click this link to...

As Q3 and a dismal September end, some interesting dynamics are playing out in the stock market. You can blame higher interest rates for some of the disjuncture that’s going on. The CBOE Volatility Index ($VIX) is relatively low, yet the percentage of stocks trading below their 50-, 100-, and 200-day moving averages is relatively low. Here’s the market in a nutshell: The Dow Jones Industrial Average ($INDU) is trading below its 200-day moving average. ...

We do not want to walk down the political aisle. Nonetheless, what person can turn their heads away from the Sunday deadline on funding the government? The aftermath of a shutdown will most likely include a credit downgrade for the US. Do Americans need another reason to distrust the politicos? With a 90% consensus that the funding will not pass, the bounce we saw in equities last week could be short-lived. The Retail ETF XRT...

One of the not-too-surprising correlations in the financial markets is shown in this week’s chart. There is a strong positive correlation between the dollar price of crude oil and the Canadian dollar-to-US dollar exchange rate. The relationship is not surprising, as Canada is a major oil-producing country, and so, as goes the price of oil, so go the fortune’s of Canada’s currency. But as we see in this week’s chart, while there is usually a very strong...

In this edition of StockCharts TV‘s The Final Bar, Samantha LaDuc of LaDuc Capital breaks down the implications of higher interest rates and why semiconductors remain a crucial space to watch. Host David Keller, CMT tracks the recent rally in Bitcoin and identifies two key names testing moving average support. This video originally premiered on September 28, 2023. Watch on our dedicated Final Bar page on StockCharts TV, or click this link to watch on YouTube. New episodes of The Final Bar premiere...