Art's Charts

February 2014

Art's Charts

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Stocks, and Bonds, Have A Good Week

by Arthur Hill

Buying pressure continues to outpace selling pressure as the major index ETFs moved higher on Thursday. The Russell MicroCap iShares (IWC) led the way with a .88% gain. The Russell 2000 ETF (IWM) is leading the major index ETFs with a 2.33% gain over the past week... Read More 

Art's Charts

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Charts: AOL, FDX, JDSU, PAYX, UPS

by Arthur Hill

AOL Firms at Support. FDX Extends Flag. Plus JDSU, PAYX, UPS Individual charts are below video. Sorry but your browser doesn't support HTML5 video... Read More 

Art's Charts

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Small-caps, Homebuilders and Retailers Lead - As Do Treasuries

by Arthur Hill

Stocks continued their meandering ways with the Nasdaq 100 ETF (QQQ) edging lower and the Russell 2000 ETF (IWM) edging higher. There were, however, some significant movers that support overall market strength. IWM hit a new high and led the market (small-caps)... Read More 

Art's Charts

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Treasuries Bounce, but Stocks Remain Strong

by Arthur Hill

Stocks meandered on Tuesday with some buying interest in the morning and selling pressure in the afternoon. The major index ETFs finished mixed with the Russell 2000 ETF (IWM) edging higher (.10%) and the S&P 500 SPDR (SPY) closing fractionally lower (-.04%)... Read More 

Art's Charts

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Small-Caps Continue to Lead - Dollar Gets a Bounce

by Arthur Hill

Stocks started strong and remained strong most of the day, but selling pressure hit in the afternoon and stocks gave up some of their gains. The Russell 2000 ETF (IWM) led the way with a .73% gain and the Nasdaq 100 ETF (QQQ) advanced .64%... Read More 

Art's Charts

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Charts: BA, BZ, CYH, DSX, MED

by Arthur Hill

BA Hits Moment of Truth. BZH Bounces off Key Retracement. Plus CYH, DSX, MED Individual charts are below video. Sorry but your browser doesn't support HTML5 video... Read More 

Art's Charts

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Small-Caps, Midcaps and Techs Lead the Way

by Arthur Hill

The major index ETFs dipped in the first half of the week and rebounded in the second half to extend their short-term uptrends... Read More 

Art's Charts

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Key Tech Groups Hit New Highs - Small-Caps Perk Up

by Arthur Hill

Stocks pulled back for a day and then rebounded on Thursday with small-caps leading the way. All sectors were up, but the gains in three of the four offensive sectors were relatively muted. XLI led with a .94% gain, while XLK gained just .33%, XLY advanced .54% and XLF added ... Read More 

Art's Charts

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Stocks, Gold and Bonds Decline after Fed Minutes

by Arthur Hill

Stocks started the week in strong uptrends, but were overbought after big moves in the first half of February. The release of the FOMC Minutes provided the trigger for some profit taking as stocks turned south in the afternoon... Read More 

Art's Charts

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Charts: AMZN, BTU, FDX, FIO, ITUB

by Arthur Hill

AMZN Underperforms with Pennant. BTU Bounces with Good Volume. Plus FDX, FIO, ITUB Individual charts are below video. Sorry but your browser doesn't support HTML5 video... Read More 

Art's Charts

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AD Line Hits New High as Small-Caps Perk Up

by Arthur Hill

Directional changes seem to be more important than magnitude indicators these days. It is not the first time, nor will it be the last. The advance over the last two weeks started with a seemingly meek reversal... Read More 

Art's Charts

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QQQ Hits New High Even as TLT Bounces

by Arthur Hill

Stocks begin a four-day week in strong short-term uptrends that are quite extended. In just two weeks, SPY is up over 5.66%, QQQ is up 6.55% and IWM is up around 5%... Read More 

Art's Charts

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Charts: APOL, BAC GES, MDR, RRD

by Arthur Hill

APOL Stalls after High Volume Decline. BAC Holds Flag Break. Plus GES, MDR, RRD Individual charts are below video. Sorry but your browser doesn't support HTML5 video... Read More 

Art's Charts

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QQQ Hits New High - Dollar Breaks Down

by Arthur Hill

Stocks opened weak after a decline in retail sales, but soon caught a bid and closed strong. Buying pressure in the face of negative news is positive for the stock market. Also note that stocks advanced even as the 20+ YR T-Bond ETF (TLT) moved higher... Read More 

Art's Charts

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XLY Underperforms - IWM Hits Potential Reversal Zone

by Arthur Hill

Stocks turned a bit mixed on Wednesday. The Dow Diamonds (DIA) edged lower, while the Russell 2000 ETF (IWM) edged higher. The price movements in the sector SPDRs were quite small. Tech stocks were strong again as the Semiconductor SPDR (XSD) surged 1... Read More 

Art's Charts

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Charts: ARUN, ASEI, BOOM, EMKR, FNSR, JBHT, MS, S

by Arthur Hill

ARUN Tests the Breakout Zone. ASEI Forms Wedge near Key Retracement. Plus BOOM, EMKR, FNSR, JBHT, MS, S Individual charts are below video. Sorry but your browser doesn't support HTML5 video... Read More 

Art's Charts

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QQQ Challenges Jan High - UUP Tests Support

by Arthur Hill

Stocks extended the rally with the major index ETFs gaining around 1%. The rally seemed big because the Dow gained almost 200 points, but it was actually modest in percentage terms. DIA did lead the way with a 1.27% advance. The Russell 2000 ETF (IWM) lagged again with a ... Read More 

Art's Charts

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TLT and UUP Test Support as GLD Surges

by Arthur Hill

Stocks extended their bounce with small gains in the major index ETFs on Monday. The Nasdaq 100 ETF (QQQ) led the way with a .57% gain and the S&P 500 SPDR (SPY) gained .18% on the day... Read More 

Art's Charts

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Charts: COST, FDX, GERN, GS, JBL, X

by Arthur Hill

COST Holds the Gap FDX Breaks a Flag Line. Pus GERN, GS, JBL, X Individual charts are below video. Sorry but your browser doesn't support HTML5 video... Read More 

Art's Charts

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SPY Surges to Key Retracement - GLD Breaks Triangle

by Arthur Hill

Stocks rebounded at the end of the week with the S&P 500 SPDR (SPY) and Nasdaq 100 ETF (QQQ) posting modest gains (+.84% and +1.19%). The Russell 2000 ETF (IWM) and the Russell MicroCap iShares (IWC), however, posted weekly losses of 1.26% and 1.91%, respectively... Read More 

Art's Charts

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Stocks Surge, but Breadth Falls Short as Small Caps Lag

by Arthur Hill

Stocks got their oversold bounce with a decent advance, but small-caps lagged and breadth could have been stronger. SPY fell sharply on Monday and was down over 5% year-to-date at the time... Read More 

Art's Charts

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SPY Forms Extended Harami - UUP and GLD Hold Uptrends

by Arthur Hill

Stocks remained under pressure with the Russell 2000 ETF (IWM) falling .75% and the S&P 500 SPDR (SPY) losing .12%. Selling pressure, however, was contained as the Dow Diamonds (DIA) ended the day with a small gain. The sectors were mixed with the Energy SPDR (XLE) falling ... Read More 

Art's Charts

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Three Stocks with a Selling Climax - Plus Three Firming at Support $ARG $TWX

by Arthur Hill

Three Stocks with a Selling Climax Plus Three Firming at Support Individual charts are below video. Sorry but your browser doesn't support HTML5 video... Read More 

Art's Charts

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Oversold Bounces Produce Harami in Several Sector SPDRs

by Arthur Hill

Stocks got a small bounce on Tuesday with mid-caps leading the way higher. All sectors were higher with the Consumer Discretionary SPDR (XLY), Finance SPDR (XLF) and Energy SPDR (XLE) gaining over 1%. All three were beaten down pretty good and were ripe for some sort of bounce... Read More 

Art's Charts

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Four Small Caps and One Mega Cap Buck the Selling Pressure

by Arthur Hill

Sorry but your browser doesn't support HTML5 video. **This chart analysis is for educational purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities** This commentary and charts-of-interest are designed to stimulate thinking... Read More 

Art's Charts

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Small-Caps Lead Lower - Breadth Indicator Prepares for Double Dip

by Arthur Hill

Stocks got slammed as the perfect storm just got more perfect. The list of negatives continues to grow. Starting internally, stocks were ripe for a correction in mid January and the Consumer Discretionary SPDR (XLY) has underperformed the entire year... Read More 

Art's Charts

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SPY Gaps and Goes Nowhere - TLT Extends Uptrend

by Arthur Hill

After a big decline two weeks ago, stocks moved into a choppy consolidation last week. SPY produced three gaps two weeks ago and another three gaps last week. SPY gapped down from resistance on 23-Jan and gapped down again on 24-Jan en route to a sharp two-day decline... Read More