HEADS UP: I’ll be live on The Morning Show on @stockmkttv with @allstarcharts and @sstrazza TODAY at 9:00 am ET. Watch it here: https://t.co/jEVa9es7Or
Two commodities are rising above the pack since mid June. For reference, $SPY is up some 12% since mid June and $TLT is up 7.5%. Copper, precious metals, grains, oil and coffee are down, but palladium and natty are up, and up big. $PALL $NGAS
Stocks up big in July with $SPX gaining 9% and $NDX up 12.5%. Oil not feeling the love with a 6.7% decline and copper dragging its feet with a 3.7% decline. #hmmm $WTIC $USO $COPPER $CPER
Back from hiatus and analyzing the big breakout in $TAN. Trend Comp turned bullish before the breakout, volatility is well above average and the ATR Trailing Stop is 15% below current levels. Bullish chart, but could be a wild ride. https://t.co/fq8TtnFI0o
In today's video: The value of charts without annotations, zooming out and in on the setups in $SPY and viewing the inverse head-and-shoulders pattern in $QQQ with suspicion. https://t.co/FxaPUL9UdC
In today's video… $SPY is holding up better than $QQQ, $MDY and $IWM, but conditions under the surface and within the S&P 500 are bearish (percent above the 200-day and offensive group performance) $XLB has a stronger chart than SPY. https://t.co/iy44wCkBIV
New video covering leadership in defensive groups and weakness in offensive groups $SOXX $KRE $ITB $RCD. We also show how to identify oversold conditions using the Momentum Composite and how to measure sentiment extremes with three indicators. $SPY #AAII https://t.co/vihnxfaTpM
The swings in Palladium $PALL are huge, but the overall trend is up and a classic setup is emerging. ETF fell back to prior resistance breaks and retraced around 2/3 of prior advance. Details in this post: https://t.co/SSYipGIwmr
SPY surged over 10% in 11 days for a bullish price thrust. Today's video looks at some prior price thrusts of similar magnitude. We also dive into candlesticks, the Trend Composite signal and the wild ride in palladium. $SPY $SPX $PALL https://t.co/Z8mvNBAUqe
Today's video reviews the broad market environment and $SPY, and then highlights 7 themes to watch going forward. These include Energy $XLE, Clean Energy $PBW, Metals/Mining $XME, Agribusiness $MOO, Cybersecurity $CIBR, Defense $XAR and Gold $GDX https://t.co/d8AGAH1WTF
$SPY, $QQQ and $IWM are up since the invasion of Ukraine, but others are up much more as themes emerge. Cybersecurity $CIBR, Energy $XLE, Clean Energy $PBW, Defense $XAR, Metals-Mining $XME, Agribusiness $MOO and Gold Miners $GDX. $SOXX is underperforming.
The 3-day 5.77% surge in $SPY was the biggest 3-day surge since the 6.07% surge on November 5, 2020. SPY was above the 200-day at the time and this surge led to a big breakout. SPY is currently below its 200-day and short of a breakout. #needfollowthru $SPX
This week's video quantifies recent volatility by measuring and comparing the high-low range percent for the $SPY, the DB Energy ETF $DBE and $GLD. An increase in volatility accompanied the trend reversal in SPY, and the parabolic moves in DBE and GLD. https://t.co/yaK0TvnZoE
The Cybersecurity ETF $CIBR is holding up the best of the tech-related ETFs and the chart for $PANW has a bullish setup. Long-term trend is up, stock hit new high after the triangle breakout and there is a falling wedge/flag throwback that retraced 67% of prior surge.
New lows started expanding in early December and continued into 2022. This is bearish because stocks hitting new lows are in strong downtrends and leading lower. As a percentage of total issues, $NDX has the most new lows by far. $SPX $MID $SML New Post: https://t.co/SDVXm8SqGE
In today's video: The 10-yr Treasury Yield is bouncing after a successful throwback, the Silver and Aerospace-Defense ETFs have big breakouts working and the clean-energy ETFs are showing strength with short-term breakouts $TNX $TLT $SLV $ITA $ACES $PBW https://t.co/0FrP5Gjyvi
Commodities are on a roll, but the Silver ETF $SLV is lagging and below its 2021 highs. The Gold SPDR $GLD hit 52-week highs this month and SLV could be next as the Trend Composite turned bullish and price broke mid November high. Chart and analysis here: https://t.co/dHT1JPiKVZ