Art's Charts October 29, 2019 at 06:41 AM
The Biotech ETF (IBB) is making a bullish statement with recent developments in momentum, volume and trend. IBB is also outperforming its counter part, the Biotech SPDR (XBI), over the last two months... Read More
Art's Charts October 26, 2019 at 09:27 AM
The market as a whole is not firing on all cylinders, but that is not really important. What, then, is important? We cannot expect a perfectly bullish stock market and rising tide that lifts all boats, as was the case in 2013 and 2017... Read More
Art's Charts October 24, 2019 at 12:25 PM
Bullish continuation patterns are my favorite patterns when it comes to stocks and ETFs. As the name suggests, bullish continuation patterns, when confirmed, signal a continuation of the prior trend... Read More
Art's Charts October 23, 2019 at 12:38 PM
The Industrials SPDR (XLI) and Finance SPDR (XLF) are two of the big six sectors in the S&P 500 and both are moving in the right direction: up. The Industrials sector accounts for 9.32% of the S&P 500, while the Finance sector accounts for 13.02%... Read More
Art's Charts October 19, 2019 at 07:40 AM
While the S&P 500 and large-caps hold up well, small-caps and mid-caps continue to trade mixed. This suggest that the average stock is trading mixed, some up and some down... Read More
Art's Charts October 18, 2019 at 09:37 AM
The S&P 500 SPDR (SPY) hit a new high in July and then moved into a trading range the last few months. Momentum turned down during this trading range and this is perfectly normal during a consolidation... Read More
Art's Charts October 17, 2019 at 10:34 AM
Today's report on StockCharts is short because the full report can be found at my new website, TrendInvestorPro.com. More details below. For now, I will leave you with the Core Emerging Markets ETF (IEMG) as its technical picture improves... Read More
Art's Charts October 12, 2019 at 08:18 AM
Follow Through Day or Not? Stocks started Friday with a bang as the S&P 500 SPDR (SPY) gapped above 296 and held this gap throughout the day, despite a sell off in the final 30 minutes... Read More
Art's Charts October 12, 2019 at 08:08 AM
It is time for another round of weekend stock setups. Last weekend I featured seven semiconductor stocks and these are performing well. Two weeks ago I featured a hodgepodge of stocks with mixed results... Read More
Art's Charts October 11, 2019 at 06:41 AM
My assumptions and biases are based on the bigger trend because it is the dominant force at work. When the trend is up, I view the cup as half full and expect more bullish resolutions than bearish resolutions... Read More
Art's Charts October 10, 2019 at 09:08 AM
The goal of this commentary is to cut through the day-to-day noise and focus on price action that actually matters. Noise can be in the form of news or random price fluctuations. Either way, we are often better off when we filter the noise and focus on what really matters... Read More
Art's Charts October 05, 2019 at 07:46 AM
The S&P 500 and Nasdaq 100 remain in good shape, the Russell 2000 remains in bad shape and the S&P MidCap 400 is caught in the middle. I am not going to read too much into relative and absolute weakness in small-caps because the Russell 2000 is always overreacting... Read More
Art's Charts October 05, 2019 at 07:27 AM
Semiconductors are holding up relatively well over the last few weeks. While many stocks and ETFs broke their August lows, the Semiconductor SPDR (XSD) held its August low and the Semiconductor ETF (SOXX) did not even test its August lows... Read More
Art's Charts October 03, 2019 at 08:13 AM
We will start with the S&P 500 SPDR (SPY) and the S&P 500 EW ETF (RSP), two versions of the same 500 or so stocks. These are the most important benchmarks to watch when it comes to the broader market... Read More
Art's Charts October 02, 2019 at 07:52 AM
Stocks in the Industrials and Finance sectors were hit especially hard on Tuesday with XLI and XLF falling more than 2%. The Technology and Consumer Discretionary sectors held up better than the broader market by falling less than 1%... Read More
Art's Charts October 02, 2019 at 07:43 AM
Several of the Sunday Setups were hit hard on Tuesday as selling pressure hit the Finance, Industrials and Materials sectors quite hard. Five of the eleven stocks came from these sectors (PFG, USB, HON, FAST and PKG). Nine of the Eleven are down over the last two days... Read More
