On Friday, April 3, I submitted my article for the ChartWatchers newsletter with the following headline: “Get Ready to be…
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…
Continue ReadingBlack Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly
Note: Both Black Knight and the MBA (Mortgage Bankers Association) are putting out weekly estimates of mortgages in forbearance. From…
Continue Reading