Catching a sector early as it rotates out of a slump is one of the more reliable ways to get ahead of an emerging trend. You just have to make sure the rotation has enough strength to follow through. On Thursday morning, as the markets maintained a cautiously bullish tone, I checked the New Highs panel on the StockCharts Dashboard, scanning the 1-, 3-, 6-, and 9-month highs list. A clear theme emerged—biotech and healthcare...
With Friday’s pullback after a relatively strong week, the S&P 500 chart appears to be flashing a rare but powerful signal that is quite common at major market tops. The bearish momentum divergence, formed by a pattern of higher highs in price combined with lower peaks in momentum, indicates weakening buying power after an extended bullish phase. Today, we’ll share a brief history lesson of previous market tops starting with the COVID peak in 2020. ...
Three sectors stand out, with one sporting a recent breakout that argues for higher prices. Today’s report will highlight three criteria to define a leading uptrend. First, price should be above the rising 200-day SMA. Second, the price-relative should be above its rising 200-day SMA. And finally, leaders should trade at or near 52-week highs. Let’s compare the Utilities SPDR (XLU) to see how it stacks up. The CandleGlance charts below show the top five...
This week, Julius shows how the Technology sector is edging toward leadership, alongside Industrials and soon-to-follow Communication Services. He highlights breakout lines for SPY, XLK, and XLC, noting that conviction climbs when daily and weekly RRG tails align to point northeast together. Bitcoin is sprinting into the leading quadrant next to a reinvigorated SPY, while bonds, commodities, and a weakening U.S. Dollar drift into lagging territory, underscoring an equity-friendly backdrop. This video was originally published...
While the S&P 500 ($SPX) logged a negative reversal on Wednesday, the Cboe Volatility Index ($VIX), Wall Street’s fear gauge, logged a positive reversal. This is pretty typical: when the S&P 500 falls, the VIX rises. Here’s what makes it interesting: the VIX has quietly crept up in three of the last four days. Before the midday pivot, the VIX hit its lowest level since February 21, 2025. And while that wasn’t the low in...
Joe kicks off this week’s video with a multi‑timeframe deep dive into the 10‑year U.S. Treasury yield (TNX), explaining why a sideways coil just below the 5% level could be “downright scary” for equities. From there, he demonstrates precise entry/exit timingwith a combination of ADX, MACD, and RSI. Joe also covers the short-term divergence developing in the QQQ, takes a look at the IWM, and wraps up with some analyses of this week’s viewer symbol...
The U.S. stock market has been painting a subtle picture recently. While the broader indexes, such as the S&P 500 ($SPX), Nasdaq Composite ($COMPQ), and Dow Jones Industrial Average ($INDU), are indeed grinding higher, the daily movements have been relatively subdued. This is a noticeable shift from the more dynamic action we observed in April. Investors may be waiting for Wednesday’s May Consumer Price Index (CPI), the results of the U.S.-China trade talks, or the...
Unlock the power of divergence analysis! Join Dave as he breaks down what a bearish momentum divergence is and why it matters. Throughout this video, Dave illustrates how to confirm (or invalidate) the signal on the S&P500, Nasdaq100, equal‑weighted indexes, semiconductors, and even defensive names like AT&T (T). This video originally premiered on June 10, 2025. Watch on StockCharts’ dedicated David Keller page! Previously recorded videos from Dave are available at this link.
Micron Technology, Inc. (MU) appears poised for an explosive breakout, both technically and fundamentally. While it remains to be seen whether this materializes by its Q3 earnings report on June 25, the setup suggests a high-probability move is about to happen, and soon. The fundamental case for a breakout is backed by MU’s deep involvement in the AI memory boom. Its high-bandwidth memory (HBM) is powering Nvidia’s next-gen Blackwell chips, demand is outstripping supply, and...
There are a few very different setups unfolding this week that are worth a closer look: two software-related names that are struggling to reclaim their winning ways, plus one lovable and reliable stock wagging its tail in the spotlight. Let’s break it down. Adobe (ADBE): Mind the Gaps Adobe Systems, Inc. (ADBE) has been a heartbreaker for investors over the last several years. ADBE stock has traded lower after six of its last seven quarterly...
