Almost everyone felt the ground shake on July 19 when security vendor CrowdStrike (CRWD) initiated a faulty software update that caused a Windows systems failure worldwide, and millions of screens displaying the infamous blue screen of death (a.k.a. BSOD). Crowdstrike’s stock price fell 11% on Friday and dropped further by over 13% on Monday. I was supposed to check in for a United Airlines flight the day following the incident when I suddenly received an...
In this video from StockCharts TV, Julius takes a look at the markets through the lens of the “market factors” panel you can find on your StockCharts dashboard. Starting from the RRG, he then moves to the individual charts for these factors and notes a low correlation for small-cap value stocks. This makes them a good group to look in for new (buying) opportunities, as they seem to be moving relatively agnostic to the moves...
Tops and bottoms are so much fun to predict, but key signals are not always accurate. That’s where a healthy dose of skepticism comes in. At EarningsBeats.com, we try to put as many signals together as possible, looking for corroboration. That helps to build confidence in the signals. For example, I turned short-term cautious last week for a few reasons. First, I’m a student of history and I know that the period from the July...
In this edition of StockCharts TV‘s The Final Bar, Dave breaks down today’s upside recovery day for stocks, then shares the charts of TSLA, NVDA, and more. He also illustrates the conflicting messages from AAII and NAAIM sentiment surveys, and also highlights the VIX testing the key 15 level. This video originally premiered on July 22, 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...
Friday was a bad day for CrowdStrike Holdings (CRWD) as a bug was pushed out that disrupted Windows machines worldwide. The trouble for CRWD is the follow-up lawsuits etc that will likely plague the stock for some time to come. You’ll be shocked to see the warning signs all over the chart that portended some kind of correction for CRWD even before the pandemonium. Another special discussion was Carl’s newfound Bond ETFs that follow Treasuries...
Good morning and welcome to this week’s Flight Path. We saw a lot of weakness this week but so far the “Go” trend has held in U.S. equities. GoNoGo Trend has reflected the weakness with a couple of aqua “Go” bars late in the week. Treasury bond prices showed a weaker aqua “Go” bar as well but remained in trend. The U.S. commodities index saw the “Go” trend crack and an amber “Go Fish” bar was followed...
Friday’s CrowdStrike software disaster has been described as “the largest IT outage in history,” and it brought home just how vulnerable the planet is to itty-bitty coding errors. We were busy publishing the DecisionPoint ALERT Weekly Wrap, so I didn’t have a chance to look at the chart until this morning, but what a surprise it was when I saw the sharp OBV negative divergence set up following the high volume on June 21. The...
In this StockCharts TV video, Mary Ellen examines which areas of the market have moved into favor amid the S&P 500 pullback. She compares value vs. growth stocks and the merits of both, and highlights the move away from technology stocks. Which areas are poised for more downside? You can see Mary Ellen’s Growth vs. Value chart by clicking here. This video originally premiered July 19, 2024. You can watch it on our dedicated page for Mary Ellen on...
Seasonally, the first two weeks of July have been great for the stock market. Now that the first two weeks of July are behind us, will the stock market take a breather until September? After how the market acted this week, it certainly feels that way. Let’s start with a synopsis of the broader indexes, followed by an analysis of market breadth indicators. A July Pullback? This week, there were some dynamics in the financial...
In this edition of StockCharts TV‘s The Final Bar, Dave answers viewer questions on the best time frames for viewing charts, insights on using Vanguard ETFs for sector rotation, the duration and effect of the Hindenburg Omen indicator, how stocks are indexed in Dow Jones Groups on StockCharts, and more! This video originally premiered on July 19, 2024. Watch on our dedicated Final Bar page on StockCharts TV! New episodes of The Final Bar premiere every weekday afternoon. You can view...
