When the market is rallying in full swing, it can sometimes be difficult to select which stocks, among the hundreds, might present the best case to buy. For spotting the strongest stocks on a technical basis, the StockCharts Technical Rank (SCTR) can be an essential tool. There are many ways to use the SCTR Report....

At DecisionPoint, we track intermediate-term and long-term BUY/SELL signals on twenty-six market, sector, and industry group indexes. The long-term BUY signals are based upon the famous Golden Cross, which is when the 50-day moving average crosses up through the 200-day moving average. (We use exponential moving averages — EMAs.) Intermediate-term BUY signals are based upon...

Airline stocks had a strong day, with United Airlines (UAL), American Airlines (AAL), and Delta Airlines (DAL) posting strong gains. The main reason for the rise in airline stocks was UAL’s better-than-expected earnings report and strong guidance, which comes just days after Delta missed its earnings. Having struggled for years, UAL seems to have overcome...

In this exclusive StockCharts TV video, Joe shares the MACD downside crossover signal and explains the different ways it can play out when it takes place above the MACD zero line. These downside crossovers can lead to opportunities depending on other criteria, including the ADX action. He then shows how this pattern is playing out...

In this video from StockCharts TV, Julius dives in to the sector rotation model, trying to find any alignment between theoretical and real-life rotations of sectors in combination with the economic cycle. The positions of the various sectors and the economic indicators that are part of this model are not giving a very clear answer...

Semiconductors sold off on Tuesday, crushing the Technology sector. But the Real Estate sector didn’t suffer a similar fate; in fact, it was the top sector performer for the day.  The Real Estate Select Sector SPDR Fund (XLRE) reached a 52-week high in mid-September, but has pulled back since then. However, Tuesday’s price action suggests...

Which market sentiment indicators should we follow to validate the current bull market phase and anticipate a potential market top? David Keller, CMT breaks down three sentiment indicators he’s watching in October 2024, explains their calculations and methodology, reviews their signals during previous bull market cycles, and describes a “market top playbook” for market sentiment....

It’s time to put Semiconductors in the spotlight. NVDA is starting to trade at all-time highs again and that is likely to bring the Semiconductor industry group up to its own all-time highs. Erin discusses Semiconductors “under the hood” and highlights the NVDA chart. Carl brings his unique analysis of the market and key areas...

When Wall Street rings its opening bell, there are two things you need to do to start your day: Get the big picture on what’s happening in the markets. Spot the market opportunities, especially the ones that aren’t apparent. There are plenty of ways to get your market updates. The slowest way would be to...

The week that went by was in complete contrast to the week before as the markets heavily consolidated in a tight range. In the week before this one, the Nifty had seen a significant retracement of over 1167 points; however, over the past five trading days, the index stayed totally devoid of any directional bias...