Catching an industry group as it bottoms and begins to lead the market can be very profitable. We’re seeing tons…
Continue ReadingWeek Ahead: Buoyant NIFTY Has These Things To Guard Against; RRG Chart Shows Mixed Sectoral Setup
It was for the third week in a row that the Indian equity markets continued with their up move. The…
Continue ReadingSchedule for Week of June 6, 2021
The key report this week is CPI. Other key reports include April job openings, and the April trade balance. —–…
Continue ReadingFallen Angels Beginning to Reverse – Here’s What to Be on the Lookout For
A number of winning stocks that performed well last year and into the first quarter of this year have seen…
Continue ReadingIntroducing the FAME Stocks
In John Murphy’s classic text Technical Analysis of the Financial Markets, he explains that one of the three basic assumptions…
Continue ReadingDP ALERT WEEKLY WRAP: SPX and OEX Generate IT PMO SELL Signals
This is a copy of the “subscriber-only” DecisionPoint Weekly Wrap. It is posted each Friday for our subscribers and wraps…
Continue ReadingThis Group is On Fire!
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reveals an area of the market that’s benefiting from a shift…
Continue ReadingCan the Small-Cap Index and the Transportation Sector Hold Key Support?
For the small-cap Russell 2000 (IWM), $226.69 is an important level to hold, as it shows the index can sustain…
Continue ReadingThe Big Turnaround in Commodities Continues, Favoring Energy and Agricultural
The improvement of commodities started already back in early 2020. Looking at long-term (monthly) charts, that rally seems like one…
Continue ReadingAAR: May Rail Carloads down, Intermodal Up Compared to 2019
From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. U.S. rail volumes in…
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