It is now almost confirmed that there won’t be any stimulus before the election. However, lawmakers are optimistic that there…
Continue ReadingSchedule for Week of November 1, 2020
The key report this week is the October employment report on Friday. Other key indicators include the October ISM manufacturing…
Continue ReadingBig Tech Stocks Weaken
Four of the biggest tech stocks are weakening today after several of them reported decent earnings. And they’re weighing on…
Continue ReadingHow Does This Resolve?
One of the world’s most difficult issues seems ready to explode. As the pandemic numbers soar in the second wave,…
Continue ReadingTwo Companies in Internet Sector Report Blowout Numbers – Who Will Be Next?
Earnings season is in full swing and, so far, we’ve seen some really solid results. That might seem counterintuitive, given…
Continue ReadingWill the Markets Find Support?
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen shares what to be on the look out for with the…
Continue ReadingWill the Economy Hold Going Into this Holiday Season
There are multiple reasons we could face a very tough holiday season. For one, a second surge in COVID could…
Continue ReadingOctober 30 COVID-19 Test Results; Record 97,000 Cases
The US is now averaging close to 1 million tests per day. Based on the experience of other countries, the…
Continue ReadingBroad Selling Pressure, but Not Enough to Tip the Scales
Breadth indicators, such as Advance-Decline Percent, measure the participation behind a move in the underlying index. Sometimes participation is so…
Continue ReadingS&P 10: Lots of Toppy Charts
These are the ten stocks in the S&P 500 with the highest market capitalization, and they will have a significant…
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