Carl Swenlin ingeniously created the newest DecisionPoint indicators called the “Golden Cross Index” and “Silver Cross Index”. It is actually…
Continue ReadingWhy You Should Watch Transportation (IYT) and Retail (XRT) Monday
The market has stopped the bleeding with a rally into Friday’s close. The Small Caps index Russell 2000 (IWM) held…
Continue ReadingAre the Markets Safe Again?
Is it time to buy the dip? In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews what to be…
Continue ReadingGushers Galore!
The Friday sch-w-wing on the markets was a welcome respite from the hard selling in the Technology and innovation space.…
Continue ReadingHere’s a Stock That Deserves Your Attention
Everyone is giving up on growth stocks, especially given the sharp rise in rates, with the 10 Year US Treasury…
Continue ReadingMarch 5 COVID-19 Test Results and Vaccinations: 85 Million Doses Given So Far
SPECIAL NOTE: The Covid Tracking Project will end daily updates on March 7th. From Bloomberg on vaccinations as of Mar…
Continue ReadingDoes the 10-year Yield Really Matter?
Two items are dominating the news narrative right now: the rise in interest rates and the decline in tech stocks.…
Continue ReadingBear Trap! Markets Whipsaw, Crash Cancelled
Friday morning, the February jobs report gave markets some much-needed good news. The economy added 379,000 new jobs compared to…
Continue ReadingQ1 GDP Forecasts: Around 5.5% SAAR
From Merrrill Lynch: We continue to track 5.5% for 1Q GDP tracking. [Mar 5 estimate]emphasis added From Goldman Sachs: We…
Continue ReadingThe 9 Trading Patterns That Every Trader Should Know
Many new traders ask me this question … What are the best trading patterns? There are a TON of different…
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