Should you buy calls/puts? Should you write covered calls? Or should you trade bull/bear vertical spreads? That’s a lot to chew on — and it’s just the beginning. Once you decide on a strategy, you’ll have to decide on which strikes and expirations to choose. Trading options, after all involves analyzing a lot of data points, which can be very time-consuming. Luckily for you, the new OptionsPlay Add-On from StockCharts.com can do all the heavy lifting you...
With cryptocurrencies evolving from speculative assets to a global economic force, investors face a critical question: how can you filter out the noise to pinpoint coins that truly matter? Whether cryptocurrency trading is part of your financial strategy or not, it’s becoming clear that certain coins have moved beyond speculation and are now positioned as potential drivers of the future global economy. Still, there’s a lot of market noise in the crypto space. You need...
I was originally taught to use RSI as a swing trading tool, helping me to identify when the price of a particular asset was overextended to the upside and downside. And on the swing trading time frame, that approach very much works, especially if you employ a shorter time period for the indicator. But RSI can also be used for longer-term time frames, helping investors to better define trend phases and identify broader shifts in...
Now that Q4 historical bullishness has kicked in, it’s time to allow the bears to go into hibernation, while the bulls search for key leadership to drive prices higher. Before I highlight a key industry group that just moved into all-time high territory, it’s important to understand the history of the stock market and which groups tend to carry the S&P 500 higher. In other words, since the S&P 500’s 2013 breakout above the 2000...
Palantir Technologies (PLTR) has occasionally appeared in the Top 10 StockCharts Technical Rank (SCTR) Reports. More recently, it has reached the top 5, making it a stock worth analyzing. Palantir is a data analytics company that could benefit from the AI boom. On November 4, after reporting better-than-expected quarterly earnings, Palantir’s stock price rose 23% and has continued rising since then. The stock price is up over 250% this year. Given this performance and being...
In today’s DP Alert short video we discuss the key support levels for Gold as it has likely begun a longer-term correction. We also take a look at Gold Miners under the hood! Charts and commentary are taken from our subscriber-only DP Alert publication. Subscribe now and try us out for 2 weeks using coupon code: DPTRIAL2. Below are the charts that we used in the video for your review: Introducing the new Scan Alert...
In this exclusive StockCharts video, Joe explains how to use an 18 simple moving average in multiple timeframes to identify when a stock has confluence amongst 2-3 timeframes. He shows how to start with the higher timeframes first, before working down to the lower ones. Joe then covers the shifts that are taking place in the sectors; in addition, he shows a nice feature in StockChartsACP that can help zero you in on new emerging...
When a stock shows an RSI value above 80, is that a good thing or a bad thing? In this video, Dave reviews a series of examples showing this “extreme overbought” condition, highlights how these signals usually occur not at the end of, but often earlier in an uptrend phase, and unveils how to use the StockCharts platform to scan for stocks meeting this criteria today! This video originally premiered on November 13, 2024. Watch...
The post-election euphoria may have taken a breather on Tuesday, as the US stock market indexes closed lower. The tech-heavy Nasdaq Composite ($COMPQ) was only lower by 0.09%, whereas the S&P 600 Small Cap Index ($SML) was down the most—it closed lower by 1.54%. A MarketCarpets Ride On a day when the equity indexes closed lower, Tuesday’s StockCharts’ MarketCarpets shows that the downward move was mostly from a handful of sectors. Materials, Health Care, Real...
Where might you invest as the year winds down and holiday spending kicks into high gear? A look at historical seasonality trends might help you figure out which sectors tend to outperform in the final months and into the new year. To begin, the first step is to open up your S&P Sector ETFs ChartLists. If you don’t have an S&P Sectors ChartList, it’s time to create one. My ChartList includes the ETFs listed in...
