The news cycle is in high gear lately, leading to some extra volatility. Traders reacting to the news are getting whipsawed, while chartists remain focused on what really matters. Price. Price isn’t everything, it’s the only thing. News, rumors, fundamentals, the Fed, government policy and everything else are reflected in price. And, perhaps more importantly,…
The stock market is like a river — constantly changing without knowing what lies ahead. Sometimes it’s calm. Other times it’s choppy. And when the stock market is choppy, it can leave investors in a dilemma, leading them to make irrational investment decisions. The broader stock market indexes have been choppy lately, going up one…
How can we define the market trend on multiple time frames, so we can better identify trend changes and ensure we are following the drive of market forces? Today I’ll describe my proprietary Market Trend Model to define the short-term, medium-term, and long-term trends, and share what it’s telling us about market conditions in February…
As part of the DP Alert, we cover Bitcoin and the Dollar every market day. We have been watching some bearish indications on both Bitcoin and the Dollar with the double top chart patterns. On Bitcoin, price has been moving mostly sideways above support at 90,000. This happens to be the confirmation line of the…
Not everyone likes to take a contrarian stance. Most people prefer to move with the market, not against it. But for those who thrive on going against the grain, extreme market movements — whether a rally or selloff — present opportunities. Wednesday morning was one of those sessions. The Consumer Price Index (CPI) report came…
Intel’s stock price has struggled for most of 2024, even as most of its semiconductor cousins were thriving. Why pay attention to Intel Corp. (INTC) now? The stock showed up on my StockCharts Technical Rank (SCTR) scan, which is a good enough reason to analyze the stock. The scan is provided at the end of…
In what can be called an indecisive week for the markets, the Nifty oscillated back and forth within a given range and ended the week on a flat note. Over the past five sessions, the Nifty largely remained within a defined range. While it continued resisting the crucial levels, it also failed to develop any…
In this exclusive StockCharts video, Joe shows how the 4-day moving average can be useful especially in volatile markets. He explains the advantages of using it in conjunction with the 18-day MA to prevent buying at the wrong time and highlighting when good opportunities appear. He then goes through the commodity charts and shows the…
While 2024 was defined by the strength of the Magnificent 7 stocks, 2025 has so far been marked by a significant change of character on many of these former high flying growth names. And while most remain in constructive long-term patterns, the short-term changes make me skeptical of further market upside without the support of…
On Monday morning, President Trump announced plans to impose 25% tariffs on steel and aluminum imports — a sweeping policy move that’s certain to reshape the Materials sector. While this can negatively affect several industries, domestic steel producers are likely to benefit from increased demand. How Markets Reacted to the 25% Tariff Announcement The StockCharts…