On Friday, April 3, I submitted my article for the ChartWatchers newsletter with the following headline: “Get Ready to be…
Continue ReadingThe Financial Sector Takes Center Stage
This past week, the financial sector saw some fireworks. The Volcker rule was rolled back, while the Federal Reserve decreased…
Continue ReadingIs the Stock Market Going to Crash Again?
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen takes a close look at the current status of the broader…
Continue ReadingFAANG Stocks: Darlings and Duds
I decided to take a look at the FAANG stocks to see which ones are experiencing damage (duds) and which…
Continue ReadingGold Moves to a New High; Will the Breakout Hold?
Long-Term Gold Charts Give Perspective Gold broke out to a new recovery high on Tuesday and looks set to gain…
Continue ReadingJune 26 COVID-19 Test Results, Highest Daily Positive Cases Ever – Again
The US is now conducting over 500,000 tests per day, and that might be enough to allow test-and-trace in some…
Continue ReadingMeasuring the Balance of Power in the Equal-weight Sectors
The 200-day SMA is a long-term trend indicator that chartists can use across the equal-weight sectors to measure the balance…
Continue ReadingFreddie Mac: Mortgage Serious Delinquency Rate increased in May, Highest in 2 Years
Freddie Mac reported that the Single-Family serious delinquency rate in May was 0.81%, up from 0.64% in April. Freddie’s rate…
Continue ReadingNASDAQ, Internet, Software All Facing Critical Tests
June has been fairly kind to the NASDAQ 100 index ($NDX), technology (XLK), software ($DJUSSW), and internet ($DJUSNS) and these…
Continue ReadingPersonalize Your NinjaTrader Workspace with Skins
The award-winning NinjaTrader 8 trading platform provides 5 different out-of-the-box skins to personalize your user experience. Since some traders prefer…
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