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S&P 500 Downside Target 4800?!

In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Jeff Huge, CMT of JWH Investment Partners. David reflects on NVDA’s gap higher, quick deterioration in market breadth indicators, and bearish candle patterns for ON and HOOD. Jeff shares his downside target for the S&P 500 and updates his prescient bullish call on gold from year-end 2023. This video originally premiered on May 23, 2024. Watch on our dedicated Final Bar page on StockCharts TV! New episodes of The Final...

Market Looks Toppy

In spite of the massive celebration of Nvidia’s earnings report, we are seeing troublesome signs that the market is in the process of putting in a top. There are double top formations on six of the nine major indexes we follow, but the three indexes that haven’t topped yet, Nasdaq 100, S&P 100, and Nasdaq Composite, have heavy influence from big tech stocks. We also have double or triple tops on nine of the 11...

Rules-Based Money Management – Part 6: Putting It All Together

Note to the reader: This is the twenty-second in a series of articles I’m publishing here taken from my book, “Investing with the Trend.” Hopefully, you will find this content useful. Market myths are generally perpetuated by repetition, misleading symbolic connections, and the complete ignorance of facts. The world of finance is full of such tendencies, and here, you’ll see some examples. Please keep in mind that not all of these examples are totally misleading...

This Semi is a ROCKET With MORE UPSIDE

On this week’s edition of Stock Talk with Joe Rabil, Joe shows a specific semiconductor stock that meets all the criteria that he looks for. He starts with the monthly chart and then works down to the daily explaining all the key aspects to the setup. He then covers the cryptos, followed by stock requests that came through this week. This video was originally published on May 22, 2024. Click this link to watch on...

Growth is Alive and Kicking for S&P 500

In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Mike Singleton of Invictus Research. David highlights a bearish momentum divergence for gold, and also illustrates how mid-cap and small-cap stocks have yet to make new highs in Q2. Mike paints a bullish picture for stocks based on economic growth and improving earnings, and why materials may be the best way to play the reflation trade. This video originally premiered on May 22, 2024. Watch on our...

Hedging the S&P All-Time Highs With Options

As equity markets print new all-time highs and the CBOE Volatility Index ($VIX) prints 52-week lows, this should be considered a bullish outlook by all accounts. However, when you look under the hood, the internals with this rally concern me and, in my opinion, warrant buying some protection at these all-time highs. Time to Play Defense? Firstly, as Julius de Kempenaer, Senior Technical Analyst at StockCharts.com pointed out earlier this week, if you look at...

Stock Market Behavior: Separating Signal From Noise

My initial intent was to focus on the number of major equity indices near their all-time highs or attempting to break out of long-term ranges, and how their behaviors around those prior highs over coming months will likely offer significant insight into what comes next. It’s evolved into something else, which I will share with you here. Making Sense of the Stock Market’s Randomness I am convinced that most market fluctuations are random, mostly untradable...

These Sectors are Showing Strength as S&P 500 Soars!

In this edition of StockCharts TV‘s The Final Bar, Dave is joined by special guest Julius de Kempenaer of RRG Research. Dave hits on the out-performance of traditionally defensive sectors and breaks down the charts of FSLR, NVDA, and more. Julius, meanwhile, is cautiously optimistic as the equity indexes drive higher on lighter volume and weaker momentum. This video originally premiered on May 21, 2024. Watch on our dedicated Final Bar page on StockCharts TV! New episodes of The Final Bar...

Capitalizing on Riot Platforms’ Potential: A Sleeper Stock Ready to Soar?

If you’re not familiar, Riot Platforms (RIOT) is a leading Bitcoin mining company that generates revenue by mining and expanding its mining capacity. Its stock dropped by 30% year-to-date, despite reporting record Q1 2024 earnings earlier in the month for its Q1 2024 results. The company is expanding its mining capacity, aiming to triple its hash rate by the end of the year. Still, given the associated costs and the recent Bitcoin halving event, which...

Bitcoin Blasts ABOVE 70K!

In this edition of StockCharts TV‘s The Final Bar, Dave highlights strong market breadth as the S&P 500 digests last week’s break above 5300 and Bitcoin powers above the crucial 70K level. He also breaks down key technical levels for CCL, HD, ZM, MSTR, NFLX, and HOOD. This video originally premiered on May 20, 2024. Watch on our dedicated Final Bar page on StockCharts TV! New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded...