Stocks

Utility stocks are now becoming cool. Going forward, AI companies will require massive power to amp up the innovative products and services they have in the pipeline. The amount of energy they need is way more than what’s available in the traditional energy sources. We’re talking nuclear energy. Vistra Energy Corp. (VST), which owns several nuclear plants, has seen its stock price rise 79.23% in the last six months. The stock has been in the...

In this exclusive StockCharts TV video, Joe explains how to use two timeframes to identify 2 important characteristics of a great setup. For examples, he shares a few Chinese stocks that are showing great strength to the upside and what levels to watch for a pullback. Joe also covers the QQQ and IWM, and he goes through the symbol requests that came through, including CB and more. This video was originally published on October 2,...

S&P 500 earnings are in for 2024 Q2, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E of 20 (red line), a fairly valued P/E of 15 (blue line), or an undervalued P/E of 10 (green line). Annotations on the right side of the chart show where the range is...

China’s central bank is back in action, cutting interest rates and lowering reserve requirements to boost its economy. Well, guess what? Metals are feeling it, big time. Gold prices hit a record high, and copper and silver prices saw huge surges due to high demand. As a trader scanning the market for opportunities, you’re probably wondering how these metals are trending and if there are any clear signs they’re still worth buying—or if the ship...

In this video from StockCharts TV, Julius takes a detailed look at the monthly charts for all US sectors and the S&P 500. With many sectors breaking to new highs, he highlights how the long-term uptrend for the S&P 500 remains intact. Julius also examines the monthly timeframe RRG, showcasing how various sectors are performing relative to one another. All sectors are “strong,” but some sectors are “more strong” than others. This video was originally...

September, typically considered to be the weakest month for stocks, didn’t turn out that way in 2024. We had a winning month—the S&P 500 eked out a higher close, and the S&P 500 ($SPX), Dow Jones Industrial Average ($INDU), and Nasdaq Composite ($COMPQ) had a positive quarter. Out of the three, the Nasdaq had the smallest gain, mainly due to investors rotating out of Big Tech stocks and moving into other sectors. This rotation can...

In today’s free DecisionPoint Trading Room, Erin pulls out her exclusive DecisionPoint Diamond Scans and finds us some new and interesting stock symbols to explore further. These scans are very powerful and bring the best charts to your attention. DecisionPoint has a new Scan Alert System for purchase that will deliver these quality symbols to your email inbox right after the market closes to prepare you for trading the next day. The program starts as...

Good morning and welcome to this week’s Flight Path. Equities saw the “Go” trend remain strong with another uninterrupted week of strong blue “Go” bars. Treasury bond prices remained in the “Go” trend as well but we saw a whole week of weaker aqua bars. U.S. commodities saw the “Go” trend strengthen this week after several weaker aqua bars last week. The dollar held on to its “NoGo” trend but painted weaker pink bars to end the...

China’s Shanghai Composite Index ($SSEC) surged higher last week by roughly 13%, which was one of its largest 1-week gains over the past decade. There were solid economic reasons for the surge as China’s central bank approved measures to accelerate recent sluggish growth. The People’s Bank of China on Tuesday announced plans to lower borrowing costs, inject more funds into the economy, and ease households’ mortgage repayment burdens. Despite these fundamental positives for the China...

In this StockCharts TV video, Mary Ellen reviews the broader markets, including sector and industry group rotation, before highlighting the sharp move into Chinese stocks. She shares her thoughts on whether it’s too late to participate. In addition, she looks at the key traits that signal your stock is in a new uptrend and presents several examples. This video originally premiered September 27, 2024. You can watch it on our dedicated page for Mary Ellen on StockCharts TV. New...