Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • 8:15 AM: The ADP Employment Report…
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Vehicles Sales Decrease to 15.13 million SAAR in August
Wards Auto released their estimate of light vehicle sales for August: August U.S. Light-Vehicle Sales Rise 4%, Ending Two Straight…
Continue ReadingHow to Spot a Hedge Fund Trap: MicroStrategy’s Dramatic Plunge
In early 2024, MicroStrategy (MSTR) became a meme stock favorite thanks to its close ties to Bitcoin. If you rode…
Continue ReadingStock Market Today: Tech Tumbles as Mega-Cap Stocks Get Hit by Major Profit-Taking
I hope you had a relaxing, restful long weekend, and welcome to September. It was a pretty dismal post-Labor Day…
Continue ReadingWhy the S&P 500 Going Sideways is the Best Case Scenario
In this video from StockCharts TV, Julius evaluates the completed monthly charts for August, noting the strength of defensive sectors.…
Continue ReadingEquities Hold Firm in “Go” Trend as Industrials Play Strong Defense
Good morning and welcome to this week’s Flight Path. Equities consolidated their new “Go” trend this week. We see that the…
Continue ReadingSigning Off
Signing Off I want to thank the owner/President of StockCharts.com, Chip Anderson, and his son, Eric, for 25 years of…
Continue ReadingIt all Started with a Big Bang!
Extended trends often start with big bangs and major breakouts. Chartists can identify “big bang” moves by showing price change…
Continue ReadingRecognize The New Leaders NOW!
We had a sneak preview of emerging leadership on the morning of July 12th. That was the morning the June…
Continue ReadingWeek Ahead: Uptrend Stays Intact For NIFTY; RRG Shows Distinctly Defensive Setup
The past sessions for the markets stayed quite trending; the headline index continued with its upmove. While extending their gains,…
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