The market rebounded to start trading on Monday, but indicators on Friday suggest internal weakness. Carl gives us his latest analysis on the market as well as taking a look at Gold which is making more all-time highs. Get Carl’s perspective on the Gold rally. Besides looking at the market, Carl walked us through the DP Signal Tables and took a look at the Dollar, Gold, Crude Oil, Bonds, Yields, Gold Miners and Bitcoin. Once...
No Changes In Top-5 At the end of the week ending 2/7, there were no changes in the top-5, but there have been some significant shifts in the bottom 5 sectors. Most notably is the Consumer Staples sector which moved from 10th to 7th and the Healthcare sector which moved from 11th to 8th. Real Estate remained unchanged at the 9th position. While Energy dropped to 10th from 7th and Materials dropped to the last...
Sometimes an industry group looks good technically, sometimes fundamentally, and then other times seasonally. But what happens when they all line up simultaneously? Well, we’re about to find out with the travel & tourism group ($DJUSTT). On Friday, Expedia (EXPE, +17.27%) soared after reporting blowout quarterly results after the bell on Thursday. Revenues easily surpassed consensus estimates, $3.18 billion vs. $3.08 billion and EPS did the same, $2.39 vs. $2.07. Here’s how EXPE looked on...
In what can be called an indecisive week for the markets, the Nifty oscillated back and forth within a given range and ended the week on a flat note. Over the past five sessions, the Nifty largely remained within a defined range. While it continued resisting the crucial levels, it also failed to develop any definite directional bias throughout the week. The Nifty stayed and moved in the 585-point range. The volatility significantly declined. The...
In this video, Mary Ellen reviews the market’s flat momentum as uncertainty reemerges after weak AMZN, TSLA and GOOGL reports – PLUS more tariff talk from Trump. She also highlights the move into defensive sectors as growth stocks continue to struggle. Lastly, she shares the top stocks that are keeping the S&P 500 in an uptrend. This video originally premiered February 7, 2025. You can watch it on our dedicated page for Mary Ellen’s videos. New videos from...
We are currently in a declining trend in the market and internals are telling us that this weakness will continue to be a problem. Our primary indicators in the short- and intermediate-term have topped with one exception. The Swenlin Trading Oscillators (STOs) started down on Thursday and the STO-B continued to fall Friday. The STO-V interestingly turned up, but we wouldn’t get too excited. The intermediate-term indicators, the ITBM and ITVM, topped and are moving...
While the major equity averages are certainty up year-to-date, we’re detecting a growing number of signs of leadership rotation. As the Magnificent 7 stocks have begun to falter, and charts like Apple Inc (AAPL) taking on a less-than-magnificent luster in February, we’ve identified ten key stocks and ETFs for mindful investors to monitor in the coming weeks. VanEck Vectors Semiconductor ETF (SMH) To be honest, the 2024 bull market was dominated by the AI theme,...
The Finance sector is leading the market with a new high this week and the Bank SPDR (KBE) is extending on its breakout. Today’s report will outline the lessons of the early January setup and show the mid January breakout. We then show how to set a re-evaluation level that would prove the breakout wrong. Let’s first review the setup from mid January. The chart below shows KBE hitting a new high in late November...
When you think travel industry, airline and cruise line stocks are usually top of mind. A lesser-known category in the industry is hotel stocks, which saw massive upside moves on Thursday. Hilton Worldwide Holdings (HLT) reported strong Q4 earnings, and in sympathy, other hotel stocks also rose. Hotel stocks have had a rough time since Covid hit and it now looks like that may be in the rearview mirrort. Here’s a synopsis of how some...
On Wednesday morning, the markets wavered, with cautious trading across the board, except for the Dow, which outpaced the S&P 500 and Nasdaq. Looking for stocks showing strength amid the uncertainty, I turned to the Market Movers tool on my Dashboard. What I found caught my attention. FIGURE 1. MARKET MOVERS TOOL. AMGN, third from bottom, caught my attention, as the sector has been showing up on quite a few bullish StockCharts scans.Image source: StockCharts.com....
